Tax Code That Encourages Manufacturing and Savings (user search)
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  Tax Code That Encourages Manufacturing and Savings (search mode)
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Author Topic: Tax Code That Encourages Manufacturing and Savings  (Read 13867 times)
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jfern
Atlas Institution
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Posts: 53,743


Political Matrix
E: -7.38, S: -8.36

« on: January 22, 2012, 07:29:26 PM »

We need to encourage hiring Americans and penalize companies like Apple that use slave labor in China just so that their product can be 10% cheaper.
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○∙◄☻¥tπ[╪AV┼cVê└
jfern
Atlas Institution
*****
Posts: 53,743


Political Matrix
E: -7.38, S: -8.36

« Reply #1 on: May 01, 2012, 10:13:41 PM »

I see a few reasons why China is kicking our asses.

1. They aren't burdened with a terrible patent system
2. The Yuan is quite undervalued.
3. Engineers are more valued in China by society, and some of the politicians are engineers versus here where the politicians tend to be more short-sighted.
4. Lower labor standards, slave labor, lower environmental standards.

Of course changing the tax code and trade agreements could help quite a bit too.
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