Quote:
Originally Posted by bhunter
Why do you think corporate rates ought be higher? Who employs people once businesses leave. Case in point, California. The high taxes, due to our democratic state legislature, prompted high technology companies to leave. The result is a greater and great polarization along socio-economic lines. Those old high technology manufacturing middle class jobs are gone.
China is economically on the rise largely because, ironic since they purport communism, they actively help their companies grow and are not encumbered by environmental concerns.
|
California has problems because the people voted in Prop 13 - dumb.
So does this mean that you are prepared to work for $75 per month so that your employer can compete with the Chinese. Perhaps we should get the Fed to devalue the dollar as well.