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@MWcrazyhorse You say companies wouldnt go to china or india because they are low tech. Doesnt make sense because how "tech" they are has nothing to do with it. They go because of lower taxes, and then sell their products to america and everywhere else.And im pretty much done, because no body wants to pay high taxes, if they can pay less somewhere else, they will. Your not living in america so you dont know, jobs are outsourced on a daily basis.
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@shoelessjoe2555 It would take too long if I gave you basic economic lessons on every topic. So let me just answer in short: yes china produces low tech. simple electronic appliances, clothing, toys, beauty products, furniture, footwear, and fabrics. They are working on themselves heavily to become more advanced, but right now it is volume and low prices (arteficially held by devaluing their currency). Pls don't ask me how they do that, if you switch off fox "news" you may learn.
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@MWcrazyhorse You say that China and india are Low tech? thats stupid. You assume that they are only selling products in those countries alone. They move to those countries where taxes are cheaper, and export to America. Duh. The move to switzerland or ireland where taxes are less than half ours. And China is far from low tech.
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@shoelessjoe2555 moving to the Caymans is a trick. The just create a box office outlet so not to paytaxes in america. It is one of the many loopholes.
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@MWcrazyhorse I did google it, and Correlation does not always equal Causation. Your telling me that companies did not move to bermuda and the cayman islands in the 80s and 90s because of the 0% tax rate? Your telling me that Saving 35% of Yearly net earnings is not incentive to move to another country? Your bonkers man. You just want to hate big business, so you deny facts.Wages is a factor too, but if the taxes were lower more companies wld be willing to stay and pay our wages.
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@shoelessjoe2555 did you google it? I take it no. Companies do not leave u.s because of taxes. They leave it, because of wages. Those that stay untill today couldn't go to any 3rd world country or India china anyway, because their economies are still too low tech. And they wouldn't go to Europe for taxes, cause they pay more here.
You see now it is just a lie to save money. You need to realise companies are amoral. They will do ANYTHING to make more money. And washington and the media is bought.
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@MWcrazyhorse Correlation doesnt equal causation. And do the math. More companies=more jobs. If companies were to stay in the US there would be more jobs=better economy. Why arent there as many companies in the US? because theyre overseas enjoying lower corporate tax rates.
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@shoelessjoe2555 google corporate tax rates by countries. compare it with their economic data. If you find a correlation get back to me. I couldn't find any.
Also which countrries are you thinking of with alleged 0% tax rates?
This political debate is full of ideology and dogma and politicians ofton bought. But go ahead. look at the actual numbers. google is your friend.
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@MWcrazyhorse No, we know it works because we have LIVE examples in the form of COUNTRIES, that have 0% corporate tax. This is the reason COMPANIES move from the US to these other COUNTRIES. These countries with low corporate tax dont have unemployment problems like we do here in the US.
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If we wanna be more effective about the "occupy" movement, remember this at election time. Ask the running candidates: "Do you support or are you against the intentions of the Occupy movement?" If they say they are against it, or they use their pre-briefed doublespeak skills and sound optimistic, but yet, still don't really give any real answer, or even if they don't reply at all, then DO NOT elected that running candidate. Let's get their (and keep their) greedy asses out of office!
We need Ron Paul!!!!! NOW!!!!!
BillaBeer21 3 months ago 7
@shoelessjoe2555 Yeah unions caused the mess in the Gulf. Wait that was BP. Unions caused the Applachian mountains to blow up. Wait that is the coal companies. Unions make the water in Penn and other Natural gas drilling states so hot it is flammable. Wait that is the NG plants fracking into the wells. This causes the Natrual gas to get into the water, make it unuseable in anyway and flamable. WHo owns lobbists? Corporations not unions. LOSE LOSE LOSE
captcrais101 3 months ago 3