08-16-2016, 12:19 AM
(08-15-2016, 09:52 PM)djam Wrote: Lower wages AND way lower taxes. Fred our corporate tax rate is like 4 or 5 times what most of the Asian countries are. Do you understand how much money that means for some of these businesses? Do you not understand that unions, which were needed 100 years ago but not so much now, had workers being paid way more than they produce? How can a business operate if they are forced to pay people more than they produce?
How much does a company like GE save by moving their corporate headquarters overseas? How much does Trump save by having his clothing line manufactured in Bangladesh? They were already profitable. But, they needed more profits.
Unions aren't needed here as much because guys like Trump are moving manufacturing jobs to places like Bangladesh where they don't have unions. Yes, clearly we don't need any programs for workers because capitalists such as Trump are raising the poor up from the slums of Bangladesh.
I think the corporate tax rate needs to be reduced, simplified, and the loopholes eliminated.
