A lot of people in this country look at corporations as evil, money-mongering institutions that must be kept in check by the government. The liberal press has a lot to do with that feeling. The problem is, corporations employ the same people who claim to hate them, and they do what the consumer demands - they find ways to cut costs to deliver a lower priced, higher quality product, or at least a product that has such a lower price that some lessening of quality is made up by the fact the product is just so cheap. Consumers rarely go to a store and intentionally pay more to encourage certain business practices. Most consumers go to the big box stores - the largest retailer and largest grocer in the world is Walmart for a reason - and buy the cheapest products that suit their needs.
Corporations, in other words, are not evil - they are entities run by people who respond to the market. They do things to remain competitive, and they do things to sustain their business, their employees (where possible), and their shareholders. When taxes get cut on corporations in America, jobs get created. It is a verifiable fact that the job market improves when corporate taxes are cut. If they were removed altogether, there would be a lot more jobs in this country. Corporations would stop shipping as much work overseas because it would be less expensive to produce things in the US. The tax structure has as much to do with companies shipping jobs overseas as anything else, though overregulation plays another key role.
Imagine for a moment, a business looking for a place to start up. The owners want to make a product for sale. Would they be smart to start that business in a location that charged high taxes, had workers that had to be paid more highly because of similarly high taxes on their payroll, and had stiff regulations on everything from hours someone can work to what sort of emissions their facility could release into the environment and many things in between? Or would it make more sense to locate in a place that had relatively low taxes, low costs of land and facilities, low regulations, and a work force willing to take a much lower wage? What individual would make the choice to locate in the first location? Why should a business do anything different than a reasonably intelligent person? Yet, any time an American-based corporation chooses to move its operations to a foreign country, they are villified for it. Why not villify those truly responsible for making the company choose to move - the government? Few products are made in America anymore, largely because regulations and taxes have made it so unreasonable to stay. Americans still buy the products of these companies, so the message is clear: Americans have voted with their dollars to approve the move. The Unites States Government does not regulate foreign products coming in nearly as severely as they regulate American-made products. Other countries often do quite the opposite. Japan, for instance, has much harsher regulations on foreign products than on Japanese products, and they charge higher taxes on foreign products. Their government supports their national economy in that way. Shouldn't our government do the same thing? Wouldn't such a shift have a wonderfully positive influence on the economy of the United States? Manufacturing jobs could return as products are built here. Costs of shipping those products would go down because they are made here instead of abroad. As costs go down, prices drop, and people can live on much less. With a program like the FairTax, though, people would actually have more of their wages to live on, which would in turn create more jobs as spending caused the economy to grow rapidly.
Deregulation and lower taxes would help the United States, its economy, and its citizens far more than increased regulation, higher taxes, and more government programs. I pray that some day the government, and those in the halls of power, will see those facts and do something to truly help America, instead of giving us back our own money and hoping we'll go spend it to put a bandaid on a badly broken economy.