Posted on 01/26/2016 5:01:32 AM PST by expat_panama
Looking at the below quote from the article, I wonder why the feds want to make it harder for corporations to decide to invest in the U.S? But no it is about fairness. Right? How about we do not tax any after tax income like dividends and social security? Would it not be fair to tax all income only once?
they can only repatriate them for stateside investment insofar as projected returns stateside exceed what they could realistically earn outside of the U.S.
That may be the issue somewhere else but not on this thread (5, 10, 18, 19, 20) because nobody's calling for less regs all around. What's being advocated is sticking it to businesses w/ more taxes.
bingo! It’s how things work; cause & effect.
From my post 5 that started the discussion and you referenced:
“My income gets treated this way.....Why should corporations be different than personal income?”
How is that not about disparate regs?
Huh, I'm getting all turned around here. Post five mentioned taxes but did not mention regs. It responded to my post #1 about the article concerning the left's call for taxing offshore cash. Looking at it now I can't see this "reg" thing of ours showing up til later. I'm easy tho, if you want it to be about regs then it's about regs.
I used to teach Multinational Corporate Management. One of the major reasons for putting factories overseas is to get inside foreign countries' tariff walls and other non-tariff barriers to imports. If you manufacture something locally, you can sell it without paying a tariff, as you'd have to do if you exported it to the target country.
Another reason is access to local raw materials. If you manufactured in the US, you'd have to import those raw materials, possibly paying a US tariff, then pay another tariff when you export the finished product back to the country from which you got the raw materials.
Cheap labor, which is the bete noir of those opposing overseas manufacture, can be important, but often it's much less important than the above two reasons. This is especially true if you intend to sell locally, instead of exporting to the US.
--and Hillary lies again about selling U.S. secrets for millions.
Isn't there ever a limit to this kind of stuff?
The rule of thumb in estimating costs for overseas projects is that while cost per hour may be less, the cost per output is usually the same. So what we're saying here is that trade wars mean more off shoring, not less.
Tx fer the headsup. I plan to link to it in future threads.
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