Posted on 03/12/2004 3:19:27 PM PST by det dweller too
So, your solution is to stop stealing from my right pocket, and begin stealing from the left one?
In effect, you want foreign companies to come and build factories on US soil, thus working within the advantage of your system...the Toyota USA model...bringing about the inevitable: rather than employing foreigners overseas to gain a sustained competitive advantage in the world stage, we will instead sell our native market to foreign corporations, who, by virtue of their ability to sell their wares to the rest of the world unemcumbered by competition from US manufacturers, will have far greater financial resources than US industries and the wherewithal to build factories State side.
End result, rather than employing foreigners to work for us, we will be employed by foreigners.
Yeah...that will save America.
So, people can either program software or flip burgers?
How come those are the only two jobs you all can see in the American economy?
As long as that regime is Republican or Democrat. And by the time that the people decide it's time to change, if they ever decide that, it will be too late to reverse the trend.
Since there is no such thing as free trade (otherwise there would be no fight for it) prove that the free trade theory works. Give us an example of free trade and how it benefits all. Not an explanation of the theory but rather a concrete example.
So, making more doctors available for our people is a bad thing?
Maybe, but if he is he is barking up the wrong tree. A Vat tax is applied at every level of production from raw material to assembly. Thus there would be WAY more taxes bundled into a totally domestically created product as opposed to a competive foreign product that could only be taxed at the final retail sale.
I thought he meant a federal retail sales tax, but actually I'm not sure he knows just WHAT he means.
Naturally, it goes over big in Europe.
It's not that simple. Many offshored jobs are "blended" with jobs onshore. For instance, with call routing through IVRs, the next available agent is given the call, whether here or in India.
The cost of a project may involve programming offshore with project management onshore.
Your tariff scheme would be an absolute nightmare, both for the companies trying to track the source of their services, and the auditors who were trying to enforce compliance.
Yes, but first you put money in that left pocket that used to be taken from your right. Then you look around and see the guy that was putting you out of work has to take money out of his left pocket too! And he has to take more money out if he is selling more than you. Suddenly you feel the tightness in your chest letting up and you can breathe again.
As far as foreign companies coming in and setting up plants here YES YES YES! The Toyota and Honda plabts in Tenn and Ohio are wildly successful for the local economies where they are located. And China is not stupid. They had GM build a plant and train the workers before they would agree to a trade contract. Now they hav a plant and a trained work force. Watch for those vehicles showing up here sometime in the future.
First off, it is NOT a tariff scheme! Its a commodity tax that EVERYONE pays equally.
As far as tracking and auditing, well how do those companies get paid today? Billable hours, additional programming or consulting, whatever they invoice for services here will get a portion deducted for government overhead. Maybe we can call it an invoice tax? I'll have to think about that a little more. Either way there will be a lot of accountants who used to track income looking for work also.
I could go for that, coupled with Retail Sales Tax (RST).
If you're talking about a national sales tax (a tax on goods and services at the point of delivery), I don't see how that would stop offshoring, unless you're saying that we tax offshoring MORE. If that's the case, then my "blended" argument holds even more.
Some of that stuff is simply not traceable, or a company can offset the additional tax by offshoring MORE.
Come-on guys, this is not that hard. There is a charge when you invoice for the product or service, but FIRST FIRST FIRST get this: You take off of domestic products the overhead cost from personal and corporate incone tax. Now every product will have a commodity tax added to cover the burden of selling here. This will then be the elusive level playing field everyone always wanted to find.
The cost of labor is still less in India than in the United States.
It will be a little simpler for me if you state that know you know the difference between a a VAT and an RST and then tell us which one you are talking about.
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