--- title: "Meaning & Key Takeaway of: It's simply cheaper to operate the…" description: "\"It's simply cheaper to operate the business offshore than it is domestically because of the tax rate, 35%, which is higher than anywhere else in the in..." image: "https://sms4smile.com/quotes/i/2fe/rush-limbaugh-28_business_it-s-simply-cheaper-to-operate-the-busin_3027428.jpg" --- # It's simply cheaper to operate the business offshore than… ![“It's simply cheaper to operate the business offshore than it is domestically because of the tax rate, 35%, which is higher than anywhere else in the industrialized world. And one of the things the Trump team says they're gonna do is lower that to 15%. And if they do, folks, you haven't seen…” quote by Rush Limbaugh](https://sms4smile.com/quotes/i/2fe/rush-limbaugh-28_business_it-s-simply-cheaper-to-operate-the-busin_3027428.jpg) [Download](https://sms4smile.com/quotes/i/2fe/rush-limbaugh-28_business_it-s-simply-cheaper-to-operate-the-busin_3027428.jpg) [Open image](https://sms4smile.com/quotes/i/2fe/rush-limbaugh-28_business_it-s-simply-cheaper-to-operate-the-busin_3027428.jpg) > “It's simply cheaper to operate the business offshore than it is domestically because of the tax rate, 35%, which is higher than anywhere else in the industrialized world. And one of the things the Trump team says they're gonna do is lower that to 15%. And if they do, folks, you haven't seen anything yet. If they succeed in that - and you watch.” [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Lowering corporate tax rates is presented as a solution to economic competitiveness, but promises may be exaggerated. **In simple terms:** Tax cuts are touted as economic fix. Key Takeaway Scrutinize tax promises. Themes economics policy taxation politics skepticism Mood critical analytical skeptical Type political economic When to use this quote - business planning - investment decisions - political debate - public opinion Key Concepts fiscal policy government incentives global competition Questions to Reflect On - What are the hidden costs of tax cuts? - How do tax changes affect inequality? A Different Perspective Potential oversimplification of complex fiscal impacts. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Business Offshore](https://sms4smile.com/quotes/about/business-offshore-4930124/) [Cheaper](https://sms4smile.com/quotes/about/cheaper/) [Cheaper Operate](https://sms4smile.com/quotes/about/cheaper-operate-4930126/) [Domestically Tax](https://sms4smile.com/quotes/about/domestically-tax-4930127/) [Folks](https://sms4smile.com/quotes/about/folks/) [Havens](https://sms4smile.com/quotes/about/havens/) [Higher](https://sms4smile.com/quotes/about/higher/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Offshore](https://sms4smile.com/quotes/about/offshore/) [Offshore Domestically](https://sms4smile.com/quotes/about/offshore-domestically-4930125/) [Rate](https://sms4smile.com/quotes/about/rate/) [Succeed](https://sms4smile.com/quotes/about/succeed/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Team](https://sms4smile.com/quotes/about/team/) [Trump](https://sms4smile.com/quotes/about/trump/) [Watches](https://sms4smile.com/quotes/about/watches/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [In America, we have the highest corporate tax rate in the world. One of the reasons why companies have so much money offshore is…](https://sms4smile.com/quotes/rush-limbaugh/in-america-we-have-the-highest-corporate-tax-rate-in-the-world-one-of/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [“Expand Your Business Offshore. Outsource your business to the Philippines.”](https://sms4smile.com/quotes/deployed/expand-your-business-offshore-outsource-your-business-to-the/) [Deployed](https://sms4smile.com/quotes/author/deployed/) > [This Obamacare program has Obama's name on it. He lied to people for three years about this program. People trusted him. People believed what…](https://sms4smile.com/quotes/rush-limbaugh/this-obamacare-program-has-obama-s-name-on-it-he-lied-to-people-for/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [Obamacare is not about improved health care or cheaper insurance or better treatment or insuring the uninsured, and it never has been about that.…](https://sms4smile.com/quotes/rush-limbaugh/obamacare-is-not-about-improved-health-care-or-cheaper-insurance-or/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [If you look at a company like Qualcomm, we're a big exporter. We essentially have tremendous revenue offshore and large employment onshore. I think…](https://sms4smile.com/quotes/steve-mollenkopf/if-you-look-at-a-company-like-qualcomm-we-re-a-big-exporter-we/) [Steve Mollenkopf](https://sms4smile.com/quotes/author/steve-mollenkopf/) > [The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their…](https://sms4smile.com/quotes/frederick-w-smith/the-tax-rate-of-35-percent-is-impossible-to-provide-an-incentive-to/) [Frederick W. Smith](https://sms4smile.com/quotes/author/frederick-w-smith/) > [We fail to boost our offshore production at our own expense.](https://sms4smile.com/quotes/lisa-murkowski/we-fail-to-boost-our-offshore-production-at-our-own-expense/) [Lisa Murkowski](https://sms4smile.com/quotes/author/lisa-murkowski/) > [In the past, offshore wind farms have faced significant opposition in the United States for a few reasons: high costs, complicated rules about who…](https://sms4smile.com/quotes/tatiana-schlossberg/in-the-past-offshore-wind-farms-have-faced-significant-opposition-in/) [Tatiana Schlossberg](https://sms4smile.com/quotes/author/tatiana-schlossberg/) > [The United States is deeply concerned by Turkey's announced intentions to begin offshore drilling operations in an area claimed by the Republic of Cyprus…](https://sms4smile.com/quotes/morgan-ortagus/the-united-states-is-deeply-concerned-by-turkey-s-announced/) [Morgan Ortagus](https://sms4smile.com/quotes/author/morgan-ortagus/) > [I get out in my boat and go fishing inshore and offshore.](https://sms4smile.com/quotes/rickie-fowler/i-get-out-in-my-boat-and-go-fishing-inshore-and-offshore/) [Rickie Fowler](https://sms4smile.com/quotes/author/rickie-fowler/) > [There's giant waves in numerous occasions around the world, it's a matter of the wind being offshore.](https://sms4smile.com/quotes/garrett-mcnamara/there-s-giant-waves-in-numerous-occasions-around-the-world-it-s-a/) [Garrett McNamara](https://sms4smile.com/quotes/author/garrett-mcnamara/) > [I worked offshore as an oil worker for a couple of years.](https://sms4smile.com/quotes/richard-linklater/i-worked-offshore-as-an-oil-worker-for-a-couple-of-years/) [Richard Linklater](https://sms4smile.com/quotes/author/richard-linklater/) > [It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.](https://sms4smile.com/quotes/julian-assange/it-s-interesting-that-swiss-banks-also-hide-their-assets-from-the/) [Julian Assange](https://sms4smile.com/quotes/author/julian-assange/) > [I do not think there should be a limit on the rig's liability, because they are sitting on top of unlimited amounts of oil,…](https://sms4smile.com/quotes/john-chafee/i-do-not-think-there-should-be-a-limit-on-the-rig-s-liability-because/) [John Chafee](https://sms4smile.com/quotes/author/john-chafee/) > [There's just a law to the universe. We can have the San Andreas rip tonight. You've nothing to do with that. We could have…](https://sms4smile.com/quotes/matt-drudge/there-s-just-a-law-to-the-universe-we-can-have-the-san-andreas-rip/) [Matt Drudge](https://sms4smile.com/quotes/author/matt-drudge/) ## More by Rush Limbaugh > [You can criticize Trump and his wealth all day long, but you can't say he hasn't worked. You can say that about the Clintons.](https://sms4smile.com/quotes/rush-limbaugh/you-can-criticize-trump-and-his-wealth-all-day-long-but-you-can-t-say/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [Donald Trump is a different ball of wax. I've been trying to say for I don't know how many months now that the traditional…](https://sms4smile.com/quotes/rush-limbaugh/donald-trump-is-a-different-ball-of-wax-i-ve-been-trying-to-say-for-i/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [ I guarantee you \[Hillary Clinton\] is smoking in humiliation over the idea that she needs to heal and that \[Donald\] Trump's the guy to… ](https://sms4smile.com/quotes/rush-limbaugh/i-guarantee-you-hillary-clinton-is-smoking-in-humiliation-over-the/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [How do you, on the one hand, not object to Hillary Clinton being elected, and then, on the other hand, tell people, "Elect me…](https://sms4smile.com/quotes/rush-limbaugh/how-do-you-on-the-one-hand-not-object-to-hillary-clinton-being/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [ The real leadership of the opposition is never, ever gonna do anything but continue to ramp up efforts to stop \[Donald\] Trump or destroy… ](https://sms4smile.com/quotes/rush-limbaugh/the-real-leadership-of-the-opposition-is-never-ever-gonna-do-anything/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [I can't see the Democrats working with Donald Trump on tax reform unless the rich get soaked. 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Yet they tell you that…](https://sms4smile.com/quotes/rush-limbaugh/we-re-in-more-wars-today-under-barack-obama-and-hillary-clinton-than/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [People from all over the world came to America and assimilated into a single culture rooted in the founding, which is rooted in individual…](https://sms4smile.com/quotes/rush-limbaugh/people-from-all-over-the-world-came-to-america-and-assimilated-into-a/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [The left wants to transform America away from founding ideals, and this is it. And they know it. And they're doing everything they, and…](https://sms4smile.com/quotes/rush-limbaugh/the-left-wants-to-transform-america-away-from-founding-ideals-and/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [There's such cultural rot taking place, such a disintegration throughout our culture. Values, morality, you name it. 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