WebFire;1159533 wrote:I don't have that answer. But the people that matter do. The market would dictate what that wage would be. You know, just like every non-union occupation.
I didnt think you would. whatever it is i can bet it wouldnt compete with a third world country
and i can assure you that the reason our economy faultering has very little to do with unions
The current tax code rewards American corporations for investments abroad, and penalizes them for investments at home. When money is made by American corporations overseas, they are taxed on that money when it is brought back to the United States. So what happens? Overseas profits are kept overseas and reinvested there, until they are funneled to “investors abroad”.
It becomes more profitable (after taxes) for an American corporation to use its money to build factories and infrastructure in places like China and India. It becomes more profitable to manufacture goods elsewhere and ship them here, with the profits being kept overseas. Soon bundles of US capital accumulate there, and there is no place to spend it.
The incentives for US companies to invest abroad are myriad and complex. They can borrow money in the United States, and deduct the interest from their taxes. They can take that money and earn income on it abroad, and perhaps never pay taxes on that income. The expenses of foreign taxes are deductible against US taxes, so in the end, United States taxpayers pay the companies taxes in places like China. David Cay Johnston highlights these issues in
the wisdom of henry ford below
http://david-j-shestokas.suite101.com/the-wisdom-of-henry-ford-a72661