The sad thing here is that people think they need to tax corporations more when in reality the reason why so many jobs leave the US every year is because the tax rates on corporations is incredibly high. Intel has the majority of their FABs here but if they are pushed enough, they will move them. China, India etc all have very low tax rates for corporations hence why the jobs go to those places.
When the corporations get taxed more, that tax goes down to the people. Add the cost of goods being higher with jobs dissapearing and you have a economy going down the drain.
I haven't kept up on the current presidential nomminies and such but he makes a good point. Intel alone puts tons of their earnings back into R&D, hell $5Billion is going to FAB 42 in Chandler which will create hundreds of high paying jobs for that area.
Of course those same people who want to tax corporations higher also are normally the ones who want the government hand outs and not wanting to work for their living but thats the great thing about America.
The same goes with AMD. Although their only FAB was in Dresden, they reside in the US. but if the tax rate goes up and Intel starts moving, what would keep AMD here? The technology sector is the one thing the US has a good hold on, especially computer technology. If we lose that, we pretty much screw ourselves.
Thats why AMD needs to also step up their game and start competing with Intel on a proper level in every market. Sure they best them in a few, like GPUs but then again Intel has never really pushed GPUs and even now they still don't have the best IGP. Maybe in a few years but even then, ATIs experience will outweigh Intels giant pockets there.