CaughtintheMiddle1990
02-22-2010, 06:15 PM
Here's an idea I've often pondered--and while it may seem ''Big Government''--I think it would be good for the country in the long term:
Capital gains taxes and corporate taxes are cited by some as a major reason that so many corporations outsource jobs; it's cheaper for them. Here's a solution--not perfectly refined but a rough sketch--Try a carrot and stick approach:
Any corporation which hires X amount of (legitimate and merited) American workers in X amount of time gets their corporate taxes reduced by X amount. Perhaps it could even be that the larger the amount of American workers hired, the lower your company's taxes become. That'd be a good incentive to bring jobs home. We could slash corporate taxes maybe as much as half. That's the carrot. Now the stick is the companies which hire the least or don't meet a certain quota of American citizens hired get their corporate taxes raised by X amount. Ensure that there are no loop holes. Make it a good deal for business so long as they fulfill their obligation.
If you want to do business out of the US and fuck over American workers by outsourcing--fine, but it comes at a price.
Also, grant a loan or tax reduction or something to any individual or company which wishes to found or take an interest in the manufacturing and production--to increase the amount of American made products, and in turn increase jobs, lowering unemployment. Perhaps create student grants for students interested in engineering or manufacturing degrees. Again, It's a sketchy idea, as I'm not well versed in any of the details or if any programs such as this already exist and it's sticky in terms of 'Big Government', and I'm not sure how it would work financially or legally, or if it would even be legal--but it could help.
Also bring back immigration quotas, and make immigration more stringent.
Capital gains taxes and corporate taxes are cited by some as a major reason that so many corporations outsource jobs; it's cheaper for them. Here's a solution--not perfectly refined but a rough sketch--Try a carrot and stick approach:
Any corporation which hires X amount of (legitimate and merited) American workers in X amount of time gets their corporate taxes reduced by X amount. Perhaps it could even be that the larger the amount of American workers hired, the lower your company's taxes become. That'd be a good incentive to bring jobs home. We could slash corporate taxes maybe as much as half. That's the carrot. Now the stick is the companies which hire the least or don't meet a certain quota of American citizens hired get their corporate taxes raised by X amount. Ensure that there are no loop holes. Make it a good deal for business so long as they fulfill their obligation.
If you want to do business out of the US and fuck over American workers by outsourcing--fine, but it comes at a price.
Also, grant a loan or tax reduction or something to any individual or company which wishes to found or take an interest in the manufacturing and production--to increase the amount of American made products, and in turn increase jobs, lowering unemployment. Perhaps create student grants for students interested in engineering or manufacturing degrees. Again, It's a sketchy idea, as I'm not well versed in any of the details or if any programs such as this already exist and it's sticky in terms of 'Big Government', and I'm not sure how it would work financially or legally, or if it would even be legal--but it could help.
Also bring back immigration quotas, and make immigration more stringent.