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<blockquote data-quote="VWBobby" data-source="post: 7124154" data-attributes="member: 624844"><p>I did not know about Florida having no income tax. However, the "rich" don't pay taxes in America. I won't get into details, but several corporations actually receive a 5% tax Credit. The credit is for being a "major employer". Their idea is that putting money back into corporations somehow allows them to hire more people. It doesn't. It allows them to expand business and in-turn reduce overall costs. If you have a machine that can do the job of 20 employees, you just saved several thousand per year. This is why most manufacturing jobs have decreased by at least 40% in the last 10 years. I've worked in the IT departments for many different manufactures and have seen it across the board. Intel is one of them, yet they claim they are hiring more employees.</p></blockquote><p></p>
[QUOTE="VWBobby, post: 7124154, member: 624844"] I did not know about Florida having no income tax. However, the "rich" don't pay taxes in America. I won't get into details, but several corporations actually receive a 5% tax Credit. The credit is for being a "major employer". Their idea is that putting money back into corporations somehow allows them to hire more people. It doesn't. It allows them to expand business and in-turn reduce overall costs. If you have a machine that can do the job of 20 employees, you just saved several thousand per year. This is why most manufacturing jobs have decreased by at least 40% in the last 10 years. I've worked in the IT departments for many different manufactures and have seen it across the board. Intel is one of them, yet they claim they are hiring more employees. [/QUOTE]
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