higher wages and benefits - that's the primary driver,
Posted on: January 3, 2017 at 19:02:22 CT
tigerdb MU
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driver out of the US, that is. Taxes have little to no impact on the decision to move a factory out of the U.S. If a US company wants to shield profits from US income tax, it's much easier to reincorporate and/or shift intangibles overseas, than it is to move production facilities.