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morgan macarthur

writing on politics, technology, and other stuff

Santorum Voters: Define Manufacturing

Rick Santorum's given reason for his 17.5% corporate tax for businesses, but 0% tax for manufacturers, is that manufacturers compete globally. I just watched him on Fox explaining his perspective. I see two problems immediately. First, everyone competes globally. Hotels, for example: I just went to Jamaica to get an all-inclusive experience unavailable here. Luxury outside the US is very often cheaper than it is here, and hotels lose business on that playing field. Second-- who defines 'manufacturing'? What about manufacturers that don't export? Is it the overseas competition, or is it the creation of a physical product that gives a company a 17.5% edge over the rest of business? Whatever government agency is responsible, they will be subject to immense pressure from lobbyists and industries who want to be considered manufacturers. Imagine the billions at stake with that tax disparity. Santorum supporters are encouraged to explain how this will work.

15.01.2012. 12:53

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