Aug 25
We charge for this but provide this
Intel CEO says it costs $1 BILLION extra to put a $4 billion dollar factory in the U.S. :
The rub: Ninety percent of that additional cost of a $4 billion factory is not labor but the cost to comply with taxes and regulations that other nations don’t impose.
In return for that extra money he then gets an ongoing fight with hostile state and federal governments, higher wage and labor costs, a zillion lawyers, and the 2nd highest corporate income tax rate in the world.
Gosh.. wonder where the jobs go?