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February 26th, 2009, 12:03 AM
#3
Junior Member
no big surprise.
Lower the Corporate Tax Rate = answer
The U.S. has one of the highest corporate tax rates in the industrialized nations. We are around 35% or so.
Ireland who has the lowest in the world, has around 12% or so. No wonder their Capital is always "Dublin!"
I don't have the links or proof on me right now, but surveys of companies who have outsourced jobs have been taken. They overwhelmingly stated that they would bring the jobs back here to the States.
Another factor as to why they either outsource or move out completely is because of the high rising health insurance rates for employees. I'm not going to try & get political here, but I do wish Obama luck with his plan to make healthcare more affordable. One of the underlying problems with this, is that people here illegally rarely pay hospital bills as they are hard to trace & keep up with.
-jay
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