To be fair, the paragraph above the one you posted in the article you linked to said "There is no clause in the tax code that rewards a company when it relocates production beyond U.S. borders. But if a plant moves at all, whether itís from Ohio to Tennessee or Ohio to Malaysia, it is eligible for deductions." So it is an absolute falsehood to give the impression that businesses get a special tax break for moving overseas.<quoted text>
You're playing word games again and you're WRONG!
"There is certainly a tax break for U.S. companies that move operations or people abroad," said Gary McGill, director of the Fisher School of Accounting at the University of Florida. "It is simply a business expense like any other legitimate expense."
Notice McGill uses the words "tax break" interchangeable with a legitimate expense. So I'm taking it you're a director of a school of accounting at some university?
They could restrict the "ordinary and necessary to conduct business" expenses to not include closing here and moving operations overseas. It could easily be argued that is not a necessary business expense. It's a choice to want to do business in other countries just to make more profit. NOT a NECESSITY. Would you get a "tax break" for selling everything here to move overseas for a job there when your job is after-all your business? How you make your money. Just like being a business is how they make their money.
But then it's morons like you, seeing as you like calling moron to everyone else, that would scream bloody murder that it prejudices business from making as much profit as they possibly can no matter what it does to our own economy. I mean lets not take any measures to protect our economy like other countries do. But then it's been proven by the evidence you people don't care about the American economy. Just that business makes as much profit as possible and doesn't have to pay proportional taxes.
Yes, many people have gotten a tax break by moving out of high tax states like CA, NY and MI to lower tax states like FL and TX. And have moved overseas, even given up their citizenship to save money on taxes. Why would anyone who does all their work from home live in a high tax state except for emotional/family reasons? I left CA to live in FL because I could work from anywhere. So by moving I got a bigger house, cheaper gas and $0 taxes.
Did you read the part about Google and Apple? Both of them get more than 50% of their sales from outside the US. So why would someone consider them US companies? Just because they are headquarted here? So if Ford moves it's HQ to Mexico, then you have no complaints about their taxes? That makes no sense.
A business exists to satisfy their customers and make a profit. It doesn't exist to pay taxes or hire people. And whether that business has just one employee or 100,000 employees, every business will make decisions that are best for the business. Whether that means shutting down a plant in MI and moving to TX, or moving to Taiwan.