Proposal: If a current American company closes its plants in the US or lays-off part of its work force and then in either case moves off shore to manufacture the product that it was manufacturing in the US and the company does not pay the same wages and benefits that they were paying in US prior to moving off shore then those products would be taxed upon re-entry into the US.
How many of you would be in favor of this type of approach or something similar being adopted by the Democratic Party?
I am against American workers losing their jobs by companies moving offshore to save tax and salary money, but am not certain how it could be adopted by the Democratic party.
3. The companies would probably find some tax haven
or else one of those South Pacific places like American Samoa where they can get away with it.
Or, people would stop buying the products because they cost too much and can get the same damn thing made by a different manufacturer cheaply in China or Vietnam or a number of other places.
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