Reply #6: Better answer [View All]

[napi21]

You're right, price controls never work, but there is a better answer. You do remember how the Feds got all the states to comply with the speed limits, the polution requirements, etc? Well, the same thing can work for stopping the outsourcing of jobs. You get NO tax advantages if you send more than 5% of your positions outside of the country. That applies to all the special tax benefits that have been written into the tax code that only apply to certain businesses.

As I see it, that's not increasing taxes, not taxing imports, and not punishing the other trading partners. It is withdrawing underserved benefits from businesses that aren't playing by the rules. Also, it might put the brakes on some of the lobbying since the breaks they pay all that money for just aren't worth it anymore.