Progressives Without Progress

[BoberFett]

OOh! putting words in my mouth. Expected behavior from you, I suppose.

Tax cuts facilitated offshoring, they didn't cause it. Offshoring costs money up front, so the quicker you can amass the capital, the quicker you can make it happen.

Maybe they need more tax cuts, as Mitt suggested, so they can create jobs. It's obviously worked well so far.

There's absolutely no evidence that individual income taxes facilitated offshoring. You're inventing bizarre alternate realities to support your foolish opinions. If a company is going to replace depreciated domestic assets, it makes no difference and requires no additional capital to purchase the replacement asset offshore. Stop talking about topics on which you clearly have zero understanding.

 

[Jhhnn]

There's absolutely no evidence that individual income taxes facilitated offshoring. You're inventing bizarre alternate realities to support your foolish opinions. If a company is going to replace depreciated domestic assets, it makes no difference and requires no additional capital to purchase the replacement asset offshore. Stop talking about topics on which you clearly have zero understanding.

Heh. Depreciated assets, like equipment, are usually replaced piecemeal rather than a whole factory at a time. Offshoring pretty much requires new everything at the same time.

And there's this, too-

http://en.wikipedia.org/wiki/File:US_Effective_Corporate_Tax_Rate_1947-2011_v2.jpg

Corporations are people too.

Offshoring occurs because it can, because a variety of factors come together to make it possible. The financial elite being awash in money is one of those factors.