If you were the new President, would the following be an avenue you would explore?
Please respond first with YES or NO
and then offer an explanation if you so desire.
A Republican president, who is interested in demonstrating that the Republican Party is interested in the economic health of former USA businesses, should rescue those businesses from the other countries, by offering incentives that are too attractive for businesses to resist. The cost of moving back to the USA should be tax deductable with all receipts and invoices presented. The cost of purchasing property on a percentage of property required to place the buildings will tax deducted on a three year schedule. Those businesses that do not relocate in inner city districts or who are not concerned with manufacturing will receive free property tax for ten years in addition to an income tax fee of only 50% of the going rate. No matter what the company's function is, and no matter where it is located, the company will have those regulations that make it difficult to exist removed. Desired results: Returning former USA businesses to the USA; skilled and non-skilled people who have been accessing government assistance would no longer require government assistance; skilled and non-skilled people who have been working inn positions whose compensations are less than what once the worker's standard may return to a higher plateau of salary. There would be a creation of small stores surrounding the businesses with food and other needed items which would also help in the tax base and with unemployment reduction; and company-school relationships could be established to create scholarships to workshops, to work-related camps, and/or to college, and to sponsor field trips; and to cause a lowering of the inner city unemployment rate.
Comments
Ted, this is once again excellent thinking by you. I will incorporate this into the final draft and it will be eventually posted for you to see. Thanks, Ted!
Actively go around to companies and business looking for illegal immigrants that have been hired by business owners and if found that illegals have been hired a $10,000 fine per illegal will be levied on the business owner and the illegals will be rounded up and deported no breakfast lunch or dinner to be given.
Thanks John. We must get American companies back into America with their jobs going to American workers. Keep up the good work.
I’ve been out of school for a long time, but my kids seem to have gotten a similar education as mine. My grand-kids on the other hand and my great-grand-kids are sorely lacking. If I don’t explain math and history to them they would have a very warped view of history and be totally dysfunctional in math. Science and English were never my forte, I am somewhat literate in both, but I have to work at it. The Feds need to get out of the education business and leave it to the states, the teachers union needs to go away. Businesses need some incentive to come back to and stay in the states. Tax breaks that help them with profitability is one way of doing it. There are probably some more that I am missing.
Thank-you, Judy! I am truly grateful.
Thank-you, Carolan! Your every effort is greatly appreciated!
With gratitude,
Jack
No, Carolan, I did not. Nothing seemed to indicate that I should. However, I did write to Dee concerning whether or not the blog was sent out; she never responded to me. I will try again. Thank-you so very much, Carolan! ~Jack~
Velma, you are absolutely correct! I will incorporate your thoughts with "mine" before I send anything out to any candidate. It is not fair to "scold" America's businesses without giving them an alternative. Here we are providing them a tremendous incentive to come home. However, as you say, if they do not come home and take advantage of our incentives, they must ALSO pay a price: we will raise the taxes on them. We may have to raise the tax rates on all companies who flourish outside the USA but then slash those taxes upon their return. Excellent thinking as it offers the companies two incentives: to avoid the extra heavy taxes being imposed and to gain tax incentives by coming 'home." Bravo, Velma!
Good points, Ernest. you for responding. In response, I have two responses.
Response #1: Delaware's laws, built like that which I wrote, in conjunction with federal help, and New Castle County help, accomplished that which you just said was an unfair burden on tax payers. On the surface you are correct. In actuality, I reality, it was a boon for everyone. Major work was performed on I-95, and the Faulk Road intersection in the area of Rt. 202/Concord Pike. The natural beltway around Wilmington is Rt. 141/Centre Road/Powder Mill Road/Wilson Rd. This is, quite naturally, a major thoroughfare in the New Castle County, Delaware's most populated and commercial county. There was major reconstruction to this "beltway" Rt. 141, Powder Mill Road, and Rockland Road in the area approaching the aforementioned Rt. 202. There was also major reconstruction on the aforementioned Rt. 202 itself between I-95 and Talleyville, DE, a distance of three miles. Rt. 202 is Delaware's busiest highway extending from Wilmington, DE to the PA border, to West Chester, PA, to King of Prussia, PA t Philadelphia, PA. It also insects with Rt. 1, the same Rt. 1 that extends from Maine to Florida. Astro Zeneca, the huge pharmaceutical company purchased the land on Rt. 202 south bound lanes, extending from Rt. 141 to the Talleyville, DE area, a distance of being, was off set by the taxes paid by the influx of people from other states. Of course, they needed homes. More jobs created. Eventually the tax structure rose somewhat for this and other financial businesses, but that tax level is always below that of other states. Never once has a tax payer, or a tax payer group, ever asked for tax relief. DE has no sales tax. It County Property Tax is fairly low and the State Income Tax is not abusive. It is a rich sate, and little, so the thoughts of its citizenry is heard easily...the Diamond state. This same scenario occurred at the intersection of Rt. 4 and Rt. 273. The credit card company MBNA bought the land on both sides of Rt. 4 and connected its buildings with an enclosed walkway above the road. Naturally, this involved road work again as well as housing. benefits abounded. MBNA was extremely kind to school districts and individual students. There were no complaints. MBNA has gone out of business and their buildings (Iron Hill Corporate Center) were bought by Bank of America and other businesses. A major reconstruction of the areas roadways was accomplished at this time with only one complaint: a bridge was built to angle in a wrong direction (something about frogs, I believe...wonderful, EPA). This situation exists up and down little Delaware, a sate that is 35 miles wide at its widest and 96 miles long...and it flourishes easily. Go figure. And businesses rush to it.
Response #2: Many companies have relocated just their head office in Delaware. Sometimes, this office is in a single room. How would this benefit bring in businesses form other nations? If the are producing mahogany wood or products made from mahogany, they would have to have a portion of their business in that country, but they still cold maintain their head office in the USA. Our benefit, again. People do not leave Delaware easily. Businesses desire to center their operations there. It's a win-win thing. What are your thoughts?
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