Our opinion: Keeping it here

Our opinion: Keeping it here

There are 4 comments on the Times Observer story from Apr 10, 2013, titled Our opinion: Keeping it here. In it, Times Observer reports that:

GE Transportation is moving as many as 950 jobs at its Lawrence Park plant near Erie to For Worth, Texas.

Join the discussion below, or Read more at Times Observer.

LeeeeeeeeRoy

Minerva, OH

#1 Apr 10, 2013
can erie trade 950 polok union members for 950 peopl whe want to work ? are there 950 capable working bodies in Erie.. i didnt think so.,
TaxNoMore

La Puente, CA

#2 Apr 10, 2013
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Our opinion: Keeping it here

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Many states impose state corporate income taxes at rates above the national average of 6.6 percent.

Iowa, for example, imposes the highest corporate tax rate of 12 percent,

followed by Pennsylvania's 9.99 percent rate

and Minnesota's 9.8 percent rate.

When added to the federal rate, these states tax their businesses at rates far in excess of all other OECD countries.

..........

See why here:

http://taxfoundation.org/article/us-states-le ...

Go to table 1

..........

Table 1

Comparing U.S. State Corporate Taxes to the OECD
OECD Overall Rank

Country/State

Federal Rate Adjusted

Top State Corporate Tax Rate

Combined Federal and State Rate (Adjusted)(a)

Iowa
35
12
..........41.6

Pennsylvania
35
9.99
..........41.5

Minnesota
35
9.8
..........41.4

*Texas
35
1.6
..........36.0

*Michigan, Texas and Washington have gross receipts taxes rather than traditional corporate income taxes.

For comparison purposes, we converted the gross receipts taxes into an effective CIT rate.

See footnote 2 for methodology

..........

Most of the fish are swimming in the opposite direction,

and they are looking mostly for cheaper labor,

whether it is in Texas or Mexico.

Their loyalties are to stockholders,

not a community.

..........

Top State Corporate Tax Rate

Combined Federal and State Rate (Adjusted)(a)

Iowa
35
12
..........41.6

Pennsylvania
35
9.99
..........41.5

.
.

Most of the fish are swimming in the opposite direction
TaxNoMore

La Puente, CA

#3 Apr 10, 2013
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Rather than continuing to fight the United Auto Workers,

Caterpillar chose to make itself less vulnerable to the traditional bargaining tactics of organized labor.

One way Caterpillar achieved its goal was by outsourcing much of Caterpillar's parts production and warehouse work to outside firms.

In another move, according to United Auto Workers union officials and industry analysts,

Caterpillar began to execute a

"southern strategy".[106]

The "southern strategy" involved opening new,

small plants,

termed "focus facilities",

in right-to-work states.

Caterpillar opened these new, smaller facilities in

Clayton and Sanford, North Carolina;

Greenville, South Carolina;

Corinth, Mississippi;

Dyersburg, Tennessee;

Griffin and LaGrange, Georgia;

Seguin, Texas;

and North Little Rock, Arkansas.

..........

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The decisions to move businesses away from Warren County are seldom made by local owners and managers.

How about the union thugs pricing themselves out of a job?
nuggethead

Greensburg, PA

#4 Apr 10, 2013
Leeeeeroy is a jackass!!!

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