Quote:
Originally Posted by TheMercenary
My guess would be that it has not become financially painful enough yet.
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Reality - over 50% of American companies pay no taxes including some of the largest. These 'we will move if taxes increase' is not the threat. Taxes are higher in other countries where they might want to relocate.
The reason for moving is most often to avoid US laws such as bribery. To permit corruption and to even diminish shareholder control is more often a reason to move overseas. American corporate taxes are some of the lowest in the world once we add all the exemptions and other 'secret' benefits.