>>>*My own feelings are that certainly Corporate profits are a portion of the concern with business relocating, certainly not the underlying cause, though.

Business creates the very foundations of an economy, and business will nearly without fail gravitate towards lower costs of operation, lower cost of materials, etc.

Check with anyone in business, and find out the truth of what their burden is to try to operate, then take a look at the government burden on business.

Here in Oregon, we are faced with a couple of ballot measures that will have the net effect of driving even MORE business away from our State.

Yet the lie continues about the "evil" corporations not paying their "fair" share, here the claim is that WE (the corporation) *Note the "WE" part as I AM incorporated. We are currently unindated with TV ads claiming corporations only pay $10 per year in taxes, in the zeal of government and those already on the government dole to pass yet ANOTHER added burden on business? Yet all that $10 is is a filing fee, it is NOT a tax. BTW: We also pay another $50 fee anuually just to record the business name.

The truth? We pay Federal taxes and State taxes, some of the highest rates in the world, prior to actually paying taxes on any income. Those taxes are NOT deductible, so it is taxed again as ordinary income. If the newest measure passes, Oregon will be surpassed only by Denmark as the highest total combined taxes and fees burden on business.

I say that it is government, and the taxes, costs of doing business, the nearly insane multitude of regulations, some conflicting, that drives industry overseas. Neat little things like $17,000 in traffic impact fees to add a 1200 square foot building to my own operations, a $175 "boiler" fee for a simple air compressor, the very manuals I need to operate my business face annual personal property taxes, every piece of equipment I own have burdens placed on them.

Even should I choose to give up and sell? The city of Portland imposes a 2.9% tax on the sale? Why should I pay the city of Portland nearly $10,000 to sell my property? I already pay several thousand annually in property taxes.

Basic common sense tells me that as soon as things settle down in Haiti, I should move there, build a building, buy nice products made in America (assuming I can find any) and peddle them to the Japanese and folks in Europe.

This is simple fact, business already pays far more in taxes and fees than any person working, and if by chance there is anything left, we as members of the population then pays taxes AGAIN on what is left.

This is what is driving those "evil" corporations overseas. That is the only option to compete, yet government continues with double digit annual budget increases while some complain because there are less jobs here.

Some would say all business need do is raise prices? Easy to say, not that easy to do in a world economy. No wonder China (and India right behind) are taking over as world economies, leaving the USA in the dust.

Another truth? This old man really can operate from anywhere on this planet, and I am sorely tempted........*EB

I agree with you 100%.

The problem is, that you cannot artificially limit the "evil" corporations profits. If you impose additional penalties on corporations, there are two possible outcomes:
- the fees are passed to consumers, or
- the corporation moves somewhere else.

Stupid Obama thinks that he somehow can "punish" the corporations. Well, in reality, he punishes only us.

Incorporation in CA is a $35 annual registration fee AND minimum of $600 per year in taxes....

>>>*Different States vary, of course. But the underlying truth remains the same, added burden on business costs jobs, costs investments in growth, capital flows to government initially but without fail those businesses and Corporations that can simply find ways to avoid the costs.

This means they move, reduce investments, do something to reduce the bottom line which is costs of operation.

The complaint is that business locates overseas where costs of doing business are lower, in some cases vastly so. Government in their wisdom attempts to compensate for the disparity in costs by imposing fees and taxes on goods and services imported to "level" the playing field.

The net effect of that of course is higher costs of the goods and services to consumers, ending up with the result of the people paying the taxes ANYWAY!

The only benefit is the perception that "someone else" is paying that tax.

Thinking about this, it's a little bit like trying to push a trailor down a freeway. It kinda sorta works at first until things get going.

Logic tells us that ALL taxes on business, all taxes on any goods or any services are paid by you and I when we reach for our wallet at any store or business operation.

There other alterntive is that the store or business simply is not there. This is easy to see, drive up and down any main street in any town in our Nation and count the storefronts that are closed. The Mom and Pop's, the places that hire one or two people, the very foundation that holds the entire Nation up.

Every single one of those still in operation pays more for a phone, more for water, sewage, permits, fees, on and on and on. They pay far more in taxes and fees than those who used to work in those very same stores.

So when you or I choose to buy, WE pay those fees a piece at a time. Some find the burden too much, then the tiny little Cafe we loved to visit is closed, the corner store that sold good shoes is gone, too.

Our own local sporting goods store, there for 50 years? Gone. So are the jobs.

So we can go ahead and tax the "rich", tax the very foundations of our economy, in the final analysis there is no way to avoid the fact that every time we do, we tax ourselves.

I say there should be no tax at all on Corporations, or even on business entities. The regulation should be that business and corporate profits should be distributed and taxed as ordinary income by those receiving it.

Yes, I know, I am nuts, right?

One glance at what happened when the capital gains tax rates were dropped tells the story.

Government revenues as a result vastly increased. But...how could this BE? How could a reduction in the government load on investments result in an increase in government revenue?

Easy. It's called opportunity.....Remove the loads imposed on business, business will flourish. Jobs will be created, the economy will recover...

We do need government, to stop those that would cheat, steal, bypass common sense environmental concerns, things like that. The Madoff's of this world, will SOMEONE in government PLEASE pay attention? Yes, there is a place for regulation, for fees, for common sense.

But Mr. Obama stated flatly that "ONLY Government can solve the Nation's economic crisis!"

He is DEAD WRONG! Government needs to mostly get the he** out of the way!....*EB