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The Real Threat to American Manufacturing
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Blog

The Real Threat to American Manufacturing

Since the 1890s The United States has led the world in manufacturing. For more than a century, America has consistently produced more manufactured goods, measured in dollar value of goods produced, than any other nation.

06/27/2011
Democrats Propose Harmful Corporate Tax Increases
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Democrats Propose Harmful Corporate Tax Increases

This week, Democrats are pushing a bill that would increase taxes on the profits of American companies with foreign subsidiaries. President Obama states that: For years, our tax code has actually given billions of dollars in tax breaks that encourage companies to create jobs and profits in other countries. I want to change that.

09/28/2010
Obama to Eliminate Tax Breaks
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Obama to Eliminate Tax Breaks

The president recently announced plans to crack down on what he calls "corporate tax abuses."  He is seeking another $200 billion out of companies over the next ten years that do business internationally.  Whether he calls it closing a loophole or a tax hike, it will have the same effect as raising taxes by $200 billion on American businesses.  That might cause the elimination of more jobs, drive companies to more tax-competitive countries, and slow business in the United States.  Government should not tax and spend more, especially in a recession.

05/05/2009