"Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."
-C. S. Lewis
But Liu is investing $10 million in the Palmetto State, building a printing-plate factory that will open this fall and hire 120 workers. His main aim is to tap the large American market, but when his finance staff penciled out the costs, he was stunned to learn how they compared with those in China.
Liu spent about $500,000 for seven acres in Spartanburg -- less than one-fourth what it would cost to buy the same amount of land in Dongguan, a city in southeast China where he runs three plants. U.S. electricity rates are about 75% lower, and in South Carolina, Liu doesn't have to put up with frequent blackouts.
About the only major thing that's more expensive in Spartanburg is labor. Liu is looking to offer $12 to $13 an hour there, versus about $2 an hour in Dongguan, not including room and board. But Liu expects to offset some of the higher labor costs with a payroll tax credit of $1,500 per employee from South Carolina.
I keep hearing this term. Windfall. Leftists/liberals are enraged by windfall profits. They want to take them away from the recipients and give them to people who will vote for Democrats. As with most things in politics (especially things that annoy liberals) it remains undefined. It is just accepted as fact that any person or entity making a certain amount of money is undeserved or unearned. Since said persons or entities are very wealthy to begin with the government is allowed to take that money in the name of "fairness". They won't miss it after all, they have plenty. I googled for a definition of "windfall" profit. The best I could come up with is this: