Cutting corporate taxes won’t bring jobs back, just make the rich richer, as fewer pay the top rate.
Outsourcing increases profits, because foreign workers make less money. Therefore, unless local workers are willing to work for much less, outsourcing must be made expensive by restricting its tax deductibility, while local hiring is made more profitable by increasing domestic exemptions.
Too bad tax policy is the purview of Congress, because right-wing economics benefit the wealthy at the expense of those who are less so, because the only thing that “trickles down” is sewage.
Steven M. Urdegar,