Replies to post #351636 on Zeev's Turnips Talk Politics (ZTTP)

[BullNBear52]

If you take away tax breaks for company that use out of country labor, what would the effect be?

They will be forced to hire American workers at wages 5-10 times higher than in say China. Prices will go up and/or profits will go down

I'm taking away the corporate income tax break. They will still be able to use labor from other countries but they won't get the deduction off their 1120s.