PalePictures Loc: Traveling

India has a minimum wage of $1.47 per hour.
China has no set minimum wage. It is set by local provinces.
There is a 10 percent duty imposed by EU Car manufactures Mexican cost of labor(in Mexico) is 1/2 of what it is here.
With Nafta the EU manufactures pay no duty and reduce there cost of labor by 50 percent by building in Mexico.
The EU has a 194.8 Bln Euro surplus internationally, with China it is 180 billion deficit.(2015)
UK trade deficit with Europe was 28.5 billion pounds. One of the reasons for BREXIT?

Much of the deficits are a result of cheaper labor. aka Minimum wage. Tariffs and Taxes.
http://www.wsj.com/articles/why-auto-makers-are-building-new-factories-in-mexico-not-the-u-s-1426645802

Taxes on corporate profits are up to 35 percent. Most large corporation pay this.
After earnings are made the taxes get applied. Dividends are then distributed which also gets taxed. Hence the double taxation of corporate profits at the individual level.(C corporations)

Toyota is the leading manufacturer of cars in the US. 71 percent of US sales are manufactured here.
Seems to me Toyota has no problem competing. For those that don't think we have the manufacturing capacity here.
I assure you within 5 years that will be the case if taxes on corporations are reduced to 10 percent.
For anyone that's freaking out about the cost of cars going up(more than they are already)

Toyota is now more American than Chrysler or Ford.(2015)
A great shift will likely happen in the next few years due to new policies.
I am real curious as to how it will play out.

http://fortune.com/2015/06/29/cars-made-in-america/

green Loc: 22.1749611,-159.646704,20

I pretty much agree with you except you will be hard-pressed to find an American corporation that pays full fare.... the effective US corporate tax rate is about 13%. So if a few big corporations are actually paying 35% it makes numerical sense that the rest of the corporations pay a rate lower than 13% to bring down the average to there....

* and our corporate tax is only 10% of the total taxes collected.
* 26 profitable fortune 500 companies paid zero tax

http://americansfortaxfairness.org/tax-fairness-briefing-booklet/fact-sheet-corporate-tax-rates/

once again, it's not what is written in the tax code, it's the amount that corporations actually pay.

PalePictures Loc: Traveling

You might want to study up a little bit of why they don't pay.
http://fortune.com/2016/10/06/fortune-500-tax-haven/
There are liars there are damn liars and then there are statisticians.

and no I do not that will be enough on it's on but it will help.

green Loc: 22.1749611,-159.646704,20

if the money never gets to the USA... I mean the sales and marketing and manufacturing is offshore sold in a different country... how do we justify taxing all that foreign activity?

PalePictures Loc: Traveling

Well I never said you do tax that. You just pointed out why companies paid less and I pointed out 1 reason why. There are dozens of reasons why.
Taxes are often not paid but deferred, depending on what business you are in.
The government gives incentives to some businesses and not others. That's why some move overseas and some don't.
Our government picks and chooses who gets the breaks and for what reasons.
Better just to have a flat rate, rather than having our government pick and choose. They have to many political interest...What senators benefit their state for opposing or encouraging what things get taxed.
Free Markets work. The government regulations not so much.

Which brings up the second issue.....Regulation....Cost jobs. Regulations are often added but seldom removed even after they are no longer needed.

You don't even want to get into the drug companies. Our healthcare is actually funding other countries cheaper drug prices. India doesn't even recognize patents.
Want to buy Cheap Viagra....Talk to the Indians.
It's one big mess. Every time our government gets involved they make things worse. Maybe not initially but the Free market adjust and consumes government money, taken by force from(ultimately) individuals.
Although I didn't v**e for Trump. He is surprising me.
He's in the net Plus category for me for now. I can't say that about any president since Lincoln.(I may need to think a little harder on that proposal)

A good book "The Road to serfdom" talks about the FDA and why it was created.

bull drink water Loc: pontiac mi.

no9t to mention the company's that paid no tax's and got checks from uncle sam.