U.S. senators propose 25% tax credit for semiconductor manufacturing

Re:U.S. senators propose 25% tax credit for semiconductor ma... by thaumasiotes on Saturday June 19, 2021 @07:45PM (#27565631)

If your manufacturing process needs labor input, then it will happen where labor is cheap. Laborers working for cheap constitute poverty.

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Re:U.S. senators propose 25% tax credit for semiconductor ma... by jeswin on Saturday June 19, 2021 @09:25PM (#27566191)

But if they're willing to work for cheap, wouldn't they be worse off without the manufacturing? I mean, those people are already struggling and bringing manufacturing doesn't change that.

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Re:U.S. senators propose 25% tax credit for semiconductor ma... by sobani on Monday June 21, 2021 @04:53AM (#27577433)

Yes. But the question is not whether people in Shenzen are better off with those manufacturing jobs, but whether it people in _the US_ would be better off if the manufacturing came back.

So then either you have to 'force' people to take Shenzen-laborer level wages in the US, or the costs of manufacturing in the US will be higher than in Shenzen.

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Re:U.S. senators propose 25% tax credit for semiconductor ma... by imtringued on Sunday June 20, 2021 @01:32AM (#27567396)

It is poverty from our own perspective. If we stop paying them we don't have to blame ourselves. We can blame them for their own poverty.

Cleaning yourself of this "moral guilt" is selfish as hell.

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