Spoken like a true Republican. We should just make the tax rate zero. After all, corporations can "compete" then. Except US corporate profits are at an all time high even though we don't "compete" on tax rates, somehow.
You should care: the shortfall that the government doesn't collect from corporations comes out of YOUR TAXES. Christ, how dumb are you? The government doesn't go without: it just takes more of YOUR money.
That isn't how the world works. You can make BETTER $40 shoes than $140 Nike shoes, but you will go broke quickly. People buy shoes and stuff in general based on MARKETING. The reason shoes are $140 and not $40 is explained above. That billion dollars they are paying to Jordan, and sponsorships, aren't coming from a money tree. It is coming from the $120 in profit they make per sale. T
There is no company that is designing "knockoff electric knives" with separately tooled factory lines. It doesn't make financial sense to do so. What they are doing is making extra runs of the "real" product without B&D knowing about it and throwing them into packages. The product is the same. The main issue is that the Black and Decker knife is crap, like most of BD stuff made in China.
Except that mega corporations aren't playing by the rules either. For example, they use offshore tax havens to hide profit that should go to paying US taxes. If they aren't playing by the rules, why should you? You can't afford it, they can. Playing by the rules is out the window in 2016.
No it isn't. The reason shoes sell here in the US for $100+ that cost $20 to manufacture is profit, development and (mostly) marketing costs. Nike pays Michael Jordan a billion dollars for marketing purposes. That money comes from the consumer. A pair of Jordan shoes costs about $20 to make in China. The $100 profit goes to Nike. It doesn't go to quality.