Originally posted by jlem
Companies could pay no taxes and it would still be a ton cheaper to produce goods overseas because of how little people are payed, litterally pennies to our dollars.
Taxes are the reason for the prices being higher. Our cost of living is higher. Have you ever payed 300 a week to pay your property taxes? Just your property taxes. Then another 150 a week for utlities? That is 450 a week you must net after taxes. I haven't even put food, transportation, gasoline, entertainment, maintenance expenses, luxury expenses, and savings into the picture. That is 450 after taxes, which would be you would have to gross around 600, maybe a little higher, JUST to pay your utilities and property taxes. There are single apartments in Chicago that start at 1000/month. Work is not a hobby, we go to make money. When I have 30,000 of my takehome dollars going to taxes, and you are claiming that if you cut tax cost that we would still not be cheaper I find that hard to believe. All of these taxes we pay, all of the government programs we are supporting are eating the citizens alive. What is happening right now Warren Buffet has stated is that the American Dollar is coming on par to being equal with the rest of the world, because our cost is so far out of control. Now this is fine and dandy if you can support yourself on 5 bucks a day like in other countries, but it is not getting it here.If I GAVE an Indian man this house he could not afford it, but if he makes 15K US currency in India he is the man, because of the difference in cost of living, directly related to all of the taxes your dollar incurs, before and after gross pay. I do not know why you cannot grasp this jlem, do you seriously not see how this works?