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gatt wrote:
The fact that a company large or small would leave the US to reduce the amount of taxes they have to pay ought to show you that taxes are too high in this country. Unless the purchasers of the company aren't domestic in the first place. What does that have to do with anything? No matter who owns a given company it behooves them to locate the business in the most advantageous location that they can. If they discover they are in a place that with a climate hostile to business they're gonna go elswhere. Its not suprising Tennessee, Texas and Florida have booming economies.. all three states have no income tax. That's attractive to employers (less paperwork) and workers (they get to keep more of their money). |
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