The driving force behind Outsourcing

The United States has a corporate tax rate of 35 percent, which is second only to Japan's 40 percent rate. The Japanese plan to drop their rate to 25 percent in a few years. In a report last month, the Economic Recovery Advisory Board, headed by former Federal Reserve Chairman Paul Volcker, warned that the U.S. rate is pushing jobs overseas. …. generates incentives for U.S. corporations to shift their income and operations to foreign locations …