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.