Re:How China Built ‘iPhone City’ with Billions in Perks for ...
by vtange on Thursday December 29, 2016 @12:19PM
(#13278522)
But wouldn't that just burden American businesses against foreign competitors? It would make it so Americans would quit offshoring and simply incorporate outside of U.S. jurisdiction. That or lose to Chinese businesses that are less regulated and are thus free to be "more innovative"
Re:How China Built ‘iPhone City’ with Billions in Perks for ...
by sbov on Thursday December 29, 2016 @01:08PM
(#13278859)
How does incorporating somewhere else help? Tariffs are applied to imported goods, and presumably how said "high tax" would be applied. It doesn't matter where the company is incorporated.
There is nothing that says we have to allow for free trade. It certainly hasn't been a net-benefit to the United States itself.