Want to stanch the loss of U.S. manufacturing jobs? Then put a tourniquet on the wound and twist it tight with a new tax code that doesn't penalize manufacturing companies. The U.S. economy has changed dramatically in the last two decades. The industrial sector ceased to be the largest part of the American economy circa 1980. Since then services comprise the largest sector. And yet, our tax system has not kept pace with this change. We tax the sale of products, but we do not tax ...
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