Corporate taxes
EPA compliance
EMPLOYEE'S BENEFITS
The last one is a big issue. The worker's health insurance often costs the company big time. Twenty five years ago, if it cost you $20/hr to keep the production going, you had to charge $40/hr to the customer. Today, that's up to $80/hr. The reason is the insurance benefits and liability coverage you MUST have. And, no... The Dems won't be doing anything about that because the insurance execs are among the biggest supporters of any of the members of both political parties. That's why the insurance industry is about the only industry in this country that is set up so that it can not lose money. Example... My car insuance in the State of Florida has an extra assessment added on to help cover the costs of Katrina damage in MIssissippi. Public Utilities have to have increases approved by a Public Utility Commission, but who gives insurance companies approval to put on increases?
Those three items at the top are what drive companies to move to other countries and insurance is a very big part of it. For a number of years now, companies have been jockeying with employee's health insurance in order to keep their costs down, and the insurance companies have a CAPTIVE AUDIENCE. Car insurance, for example. 50 years ago, in a very large area of the country, you were not required to have car insurance. Today, I know of 2 states where you can maintain your driver's license without having car insurance (at least until you have an accident). And, in both of those states, insurance premiums are between 25% and 30% in price of premiums compared to neighboring states that will pull your license if your car is not insured. We're cutting our own throats by giving insurance companies that "CAPTIVE AUDIENCE" environment. And, it's not just car insurance, but other areas as well.
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( R E T I R E D , and glad of it)
YES ! ! ! There is life after trucking.
a GOOD life
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