←back to thread

How much do you think it costs to make a pair of Nike shoes in Asia?

(twitter.com)
689 points taubek | 1 comments | 09 Apr 25 12:58 UTC | HN request time: 0.281s | source
Show context
markus_zhang ◴[09 Apr 25 19:47 UTC] No.43636923[source]▶
I hope the elites of US are not thinking about moving shoe-making back to the US because it doesn't make sense.

I'm sure (I hope, actually) that some policymakers, or some researchers, have done some conclusive researches about -- give X years into the future, and let's see we do not want to disrupt the current social-economic reality too much (no revolution, no major wealth re-distribution, no world wars, etc.), which industries can we bring back, and into which state, and sell its products into which countries, realistically.

replies(3): >>43636980 #>>43636990 #>>43637119 #
1. codexb ◴[09 Apr 25 20:00 UTC] No.43637119[source]▶
It doesn't make financial sense when the tax policy of the US is to tax domestic companies that produce things but not foreign companies that produce things and benefit from selling them in the US market.

We don't need to do research to decide what makes "sense". The market will figure out what makes financial sense themselves. The only thing we need to know is what the tax rate for foreign producers should be so that domestic companies are not the only ones shouldering the federal tax burden.