Sunday, August 30, 2009

Jobs to China

Did you ever wonder why jobs have moved to China?  Perhaps the 400% increase in taxes on labor in the USA has something to do with it.  If our country were actually serious about reducing the amount of fuel that we import and the jobs that we export, we would raise the tax on fuel and lower the tax on labor.

Here is another chart from Professor Perry (His blog is the first one on my economic list bundle).