1. Emissions limits is a start for both vehicle and industrial cost us consumers dearly. They have gone overboard over the last several years since all business does is pass these costs onto the consumer.
2. OSHA and workmen compensation costs have skyrocketed without giving business a way to control them outside of being draconian. It's now almost impossible to fight a workmen compensation insurance claim. If you get hurt on Sunday try to make it into work on Monday, get your medical bills covered and 60% of your income. Company subsidized health insurance has skyrocketed, that cost is either absorbed by the business or passed on to the consumer and or employee. Again taking money out of yours and my pockets. And yes eliminate the federal minimum wage and leave that up to the states.
3. Eliminate business taxes altogether, they just get passed on to you and me in the form of higher costs. And you bring up effective rates, there are millions if not billions spent each year by business to reduce tax burdens. Let companies bring their oversees profits home and pay them out in dividends or reinvest in growth, right now you are killed on taxes.
I agree that emissions standards are getting excessive and we're the only highly industrialized large country that gives a damn about doing anything about the environment, but I still would rather not have our cities look like Beijing during the recent Olympics.
I also agree that their should be greater scrutiny on workers comp cases, as I know several people who have abused the privilege. Having said that, I also know just as many who were truly injured on the job, like my stepfather who had to have 3 back surgeries and his employer of 25+ years refused to help him.
If all business taxes were removed, how would we generate the revenue needed to make the roads for these businesses to move their goods to the market? How would we fund the education and training of their employees? Or the police and fire department protection of their premises?
I still have a difficult time finding a solution to overseas production by MNCs, however. Even with lower taxes and emissions standards, they'd never be lower than those countries they've moved to and American labor will never be as inexpensive either.
I had a student recently whose dad wanted to buy her an American car, so he got her a Ford Fusion. So in class, I had them go out to their cars to find their VIN numbers so we could see where their cars were manufactured. As it turns out, her Fusion was manufactured in Mexico using cheap Mexican labor and only 20% parts made in America. The Nissan Altima is manufactured in Tennessee and made with 60% American parts. Even after learning of this, her father still said he'd rather his money go to helping the Ford Corporation rather than the Nissan Corporation, despite American working class individuals in our very state relying on the income from their sales as well. It boggles my mind how some people will carry the water for people who aren't concerned at all with their well being.
On a side note, I enjoy discussions with you Hog because you're rational and don't resort to name calling. You're an excellent poster.