The thing about moving out of the country if taxes are not reduced is pure bravado that is spread by Republicans. If a company moves out because of taxes, they

The thing about moving out of the country if taxes are not reduced is pure bravado that is spread by Republicans. If a company moves out because of taxes, they will lose a lot of the advantages of being headquartered in the US: privileged access to research, infrastructure, favorable laws, natural resources, and so many other factors. Another point that is not understood is that high taxes are good for companies: it forces executives to reinvest most of the money they receive in the business, so that there is little money left to be paid in taxes. In a low tax environment, on the other hand, there is always high pressure from so-called active shareholders to return most of the gains. This is one of the reasons why modern American companies are run so much focused on the next quarter. I expect that this tax break will make matters much worse, and public companies will be forced to return most of the money they make immediately to shareholders. It is not a surprise that the best times for American industry happened when taxes were very high in the 50s and early 60s.