OT: Minimum Wage Increase

[Tom Schindler]

Caymen, so it's your opinion that Ford and GM aren't given tax breaks to keep manufacturing in certain towns, or to lure new plants into new states and locals?

Never said that. Read the fair tax book. Toyota and Honda get to enjoy tax advantages the domestic automakers do not get. Does that mean they need the tax breaks to survive? No, but those tax breaks help them stay competitive.

If we waved a magic wand and abolished all corporate taxes do you REALLY think that would bring manufacturing back to the states?

That is not going to happen. IMO, it will give those companies that have not left yet and incentive to stick around.

BTW, Chrysler's headquarters are where they are because they were bought out by a foreign company, I suppose.

You can also read the Fair Tax book for more information. DCX could have used the USA as their world headquarters, but there is a tax advantage to having the headquarters in Stuttgart.



Read the Fair Tax book. It will really make you think about our tax system.





Tom

 

[WXMotorSports DecalsPartsAccs]

TJR - FYI...on your own business how many miles are your writing off? I have four vehicles that have my business logo on it, medium to large size. I write off all the miles on those vehicles each year including my wifes daily driver.