re: Explain to me the new tax increases

quote:

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US companies build factories in China for the the cheap labor, not Chinese tax benefits

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Right. Tax isn't the primary reason manufacturing moves abroad. Now, tax was driving some companies to look at inversions but that's less attractive under new provisions that are likely not going anywhere.

There are reasons to oppose corporate tax hikes--namely the passing of the tax incidence to consumers and labor, but these other talking points --like the repatriation angle mentioned above-- are complete bunk.