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Nov25
Outsourcing occurs due to burdensome taxes and regulations
Republican presidential hopeful Rudy Giuliani is on the view that more than greedy CEOs, complicated and ‘burdensome’ taxes and regulations are to be blamed for outsourcing of jobs to offshore countries.

Must say, a complete new angle towards outsourcing, unheard also. I mean I don’t remember anyone saying ‘outsourcing is a function of being anticompetitive.’

So, what’s the solution then?Rudy-Giuliani-outsourcing

The solution, he said, is lifting some regulations on businesses and lowering the corporate tax rate.

"If we right now lowered the corporate tax from 35 to 28 percent you'd stop a lot of outsourcing like that," he said. "All of sudden the incentive to do business in this country would go up."

I am sure Hilary Clinton’s speechwriters will take a note or two from Rudy Giuliani.

Source 

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