Quote:
Originally Posted by dyna mo
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0.3% came back...the other 99.7% did not...your point was so small I must have missed it ..."entire industries returning" LOL come on man 0.3 is 0.3
any way you look at it, raising taxes on something making it less profitable to produce abroad, or making it less profitable domestically by forcing them to hire expensive labor, has never positively affected sales...the price is passed on to the consumer...investors want $$$$ or they go elsewhere...
basic basic stuff...
even if you get them to produce in the USA, the money you make from tax foreign produced goods will be lost on the inevitable reduction of sales due to the inevitable rise in price of the product or service in question...
2 factor problem:
1) more expensive to produce
2) less sales due to increased price of product
shit I wish I was a genius like superbonzo, both Austrian as well as Keynesian, I would know how these 2 factors play no role at all and would be able to explain it LOL
I bet you can explain how it will stimulate growth? no?