Study: Trade pact bad for workers, inventors

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It's all short-circuiting the economy... which is why it's failing

It all short-circuits the economy and destroys the tax base...

Whether it's H1-B visas, offshoring... hiring illegals or reducing tariffs, it all short-circuits the economy by eroding wages & eliminating tax revenue.

America's layer-upon-layer tax structure is catching up to it.... taxes on workers, taxes on factories, taxes on fuel... taxes on personal property (desks, computers)... taxes on taxes on taxes. It's no wonder corporations HAVE to look outside our shores to make money... because you get taxed every time money does or doesn't change hands.

Up to 40% of an American's paycheck.. and up to 60% of a self-employed American's paycheck.. and up to 35% of a corporation's bottom line.

Tariffs were all that kept the jobs here... and with those disappearing like donuts @ a Jenny Craig convention... there's nothing locking corp's into playing fair like the rest of us.

Posted by: ThePoke   Posted on: 01/25/09 You are currently: a Guest | Members login | Terms of Use

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