News flash: GOP,Hultgren off mark
It's amazing to me that the GOP/Hultgren think by lowering the corporate tax rate will grow the economy, create jobs and America will be the "Pot of Gold" for all at the end of the GOP Rainbow.
News Flash, if a corporation choses to go off shore, they have "Snubbed Their Red Noses" at our country, our Constitution and everyone that has ever died or suffered injury defending this nation.
So, let's get realistic. Corporations transfer allegiances to other countries because they might have a lower tax rate, but also, and maybe most important, they aren't responsible for benefits, i.e. healthcare, retirement or life insurance. So wages don't have to be as high. The drawback is those consumers don't have the "buying power" as our workers. News Flash, that's why countries want to bring their products and services here to sell.
If they do want to go off shore, then two things need to happen; taxes need to be imposed on their earnings. The countries they are moving to have that policy and so should we. And we should impose tariffs on all products and services brought to this country by those who have chosen to leave. GOP/ Hultgren. News Flash, it won't deter them selling products or services, because we are the strongest economy in which to do business.
Summation: The GOP/ Hultgren are "half sighted" and have no idea how benefit this country in the global market.
Bill Spencer
Geneva