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Obamas Budget Speech Was.....
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<blockquote data-quote="island1fox" data-source="post: 829047" data-attributes="member: 4816"><p>Klein,</p><p>This is not rocket science .</p><p>If you are producing a product that is then shipped around the world that can be manufactured in the U.S. then you are a candidate for the high tax.</p><p>If you are providing a "Service" such as a computer phone center and handling calls throughout the world it should be done within U.S. borders.</p><p>Company like the friend word or UPS that is providing a "domestic" Service --intra country would be exempt. </p><p> </p><p>It would be very easy to determine if the product or service could be within U.S. borders.</p><p>A great example is the HEINZ company that has over 75% of their factories in foreign countries and then ship their products back to the U.S. for consumption.</p><p> </p><p>You are missing the main point --If the U.S. incented the Corporate headquarters by extreme LOW or no Tax Why would they move out ??? </p><p>The main problem is the Highest Corp tax rate in the world --the wage schedule is very secondary !!</p></blockquote><p></p>
[QUOTE="island1fox, post: 829047, member: 4816"] Klein, This is not rocket science . If you are producing a product that is then shipped around the world that can be manufactured in the U.S. then you are a candidate for the high tax. If you are providing a "Service" such as a computer phone center and handling calls throughout the world it should be done within U.S. borders. Company like the friend word or UPS that is providing a "domestic" Service --intra country would be exempt. It would be very easy to determine if the product or service could be within U.S. borders. A great example is the HEINZ company that has over 75% of their factories in foreign countries and then ship their products back to the U.S. for consumption. You are missing the main point --If the U.S. incented the Corporate headquarters by extreme LOW or no Tax Why would they move out ??? The main problem is the Highest Corp tax rate in the world --the wage schedule is very secondary !! [/QUOTE]
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