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The Greatest Depression
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[QUOTE]Originally posted by glassman: [QB] [b]Regulation and taxation are also a huge reason why companies flee overseas, companies doing business in the US don't have a level playing field, it's almost impossible to manufacture a product in the US and compete globally.[/b] the Chinese charge (slightly) more tax than we do... everybody in business knows that our actual business tax rates are some of the lowest in the world, even if out marginal rates (advertised) are high. as to regulation? i agree we have too many regualtions and too many overlapping Govt agencies... we could start by getting rid of the overlap... as to regulation? lead paint is way cheap... it makes toys more profitable... you want to get rid of regulations like banning lead paint? or paint with cadmium? face it, regulations only cut into profit that hurts other people. sure there are SOME crazy regulations.. but for every one i can show you a profit motive that was cutoff by it... the Chinese had to shut down factories all around Beijing for weeks before the Olympics to be able to have air quality still not as good as our worst here, is that what you want? it's about quality of life, if we insist they match ours, then the competition is fair, if they refuse to accept ours? then charge am import tax that is enough to make it fair... [/QB][/QUOTE]
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