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Obama's policies force companies overseas
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Aug 31, 2012 11:25:16   #
HEART Loc: God's Country - COLORADO
 
docrob wrote:
LARRYR. wrote:
Kit Lens wrote:
Put some thought into this problem and you'll see that the reason the companies are moving is that they are given tax breaks for being overseas including deferral of payment and reduced rates. Both things that the President has said need to be changed but were blocked by the Republican Congress which seems to be able to pass raises for themselves but little else.
This isn't socialism by the way - this is capitalism.
Figure it out.


This isn't socialism by the away-this is capitalism.
Figure it out. OK
let's see:
BHO-1st year o budget
BHO-2 year over spending-bailout to union friends
BHO-3 year same old spend all-do nothing
BHO-4 year not my fault-it was the other guy's
+ BHO Obamatax and YOU DIDN'T BUILD THAT
= SOCIALISM
quote=Kit Lens Put some thought into this problem... (show quote)


I hope you don't fly that plane as simplistically as you deduce the concept of socialism from the lack of cooperation in congress......Hey I have an idea lets reduce the FAA workforce like Reagan and make the skies more crowded..........that would be Capitalism.
quote=LARRYR. quote=Kit Lens Put some thought in... (show quote)


Ah, I love simplicity. And as for the PAATCO strike, a union strike ground air traffic to a halt, forcing Reagan's hand. And how's the grand scheme of capitalism working for the TSA - oops, forgot...government.

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Aug 31, 2012 17:12:45   #
pigpen
 
Kit Lens wrote:
Put some thought into this problem and you'll see that the reason the companies are moving is that they are given tax breaks for being overseas including deferral of payment and reduced rates. Both things that the President has said need to be changed but were blocked by the Republican Congress which seems to be able to pass raises for themselves but little else.
This isn't socialism by the way - this is capitalism.
Figure it out.


Again, you fail to mention that BamBam had 2 full years with the dolts in charge of both the senate and the house. He could have done absolutely anything he wanted. Why didn't he do this then. Simple, it's just another lie so that you people will vote for him again. Just like closing gitmo. Just like cutting the defecit in half his first year. Just like blaming Bush tax cuts for our problems, then extending them twice. BLAH, BLAH, BLAH!! You'll fall for it again.

Reply
Sep 1, 2012 01:56:01   #
Bmac Loc: Long Island, NY
 
gibfield wrote:
Ryan was not blaming Obama for the plant closure, he was blaming Obama for not following up on his promise to reopen the plant.


Thank you. Finally someone who actually read what Ryan said, rather than have others interpret it for them. Oh, and in actuality the plant closed in 2009. 8-)

Reply
 
 
Sep 1, 2012 16:30:14   #
gekko11 Loc: Las Cruces NM
 
bull drink water wrote:
walmart has driven more companys overseas than anyone else.surely there must be at least one cpa out there.tell us how many loopholes exist when you are dealing with tens and hundreds of millions.in asia they have sweetheart deals,pay next to nothing,rip off the workers, and have the government act as enforcers to keep the worker in line.yrs ago nike sold shoes that cost $5 to make for$140. now they are selling shoes that cost $20. for $365. when we say no way are we going to be riped off that will stop.we have given up entire industries for cheap labor,and most of the new jobs need fewer workers and pay diddly squat.
walmart has driven more companys overseas than any... (show quote)

who would PAY 365.00 for a pair of tennis shoes? Buy a pair of New Balance (Made in USA) Usually pay less than 40.00

Reply
Sep 1, 2012 18:23:16   #
pigpen
 
gekko11 wrote:
bull drink water wrote:
walmart has driven more companys overseas than anyone else.surely there must be at least one cpa out there.tell us how many loopholes exist when you are dealing with tens and hundreds of millions.in asia they have sweetheart deals,pay next to nothing,rip off the workers, and have the government act as enforcers to keep the worker in line.yrs ago nike sold shoes that cost $5 to make for$140. now they are selling shoes that cost $20. for $365. when we say no way are we going to be riped off that will stop.we have given up entire industries for cheap labor,and most of the new jobs need fewer workers and pay diddly squat.
walmart has driven more companys overseas than any... (show quote)

who would PAY 365.00 for a pair of tennis shoes? Buy a pair of New Balance (Made in USA) Usually pay less than 40.00
quote=bull drink water walmart has driven more co... (show quote)


There are morons out there that will do it.

Reply
Sep 2, 2012 12:38:33   #
EdJ0307 Loc: out west someplace
 
Yeah, it's the Republican's and Bush's fault.
Kit Lens wrote:
Put some thought into this problem and you'll see that the reason the companies are moving is that they are given tax breaks for being overseas including deferral of payment and reduced rates. Both things that the President has said need to be changed but were blocked by the Republican Congress which seems to be able to pass raises for themselves but little else.
This isn't socialism by the way - this is capitalism.
Figure it out.

Reply
Sep 2, 2012 20:43:41   #
pigpen
 
EdJ0307 wrote:
Yeah, it's the Republican's and Bush's fault.
Kit Lens wrote:
Put some thought into this problem and you'll see that the reason the companies are moving is that they are given tax breaks for being overseas including deferral of payment and reduced rates. Both things that the President has said need to be changed but were blocked by the Republican Congress which seems to be able to pass raises for themselves but little else.
This isn't socialism by the way - this is capitalism.
Figure it out.
Yeah, it's the Republican's and Bush's fault. quot... (show quote)


"It's Bush's fault" was only when congress was completely controled by the libs. Now they have the republican house they can blame it on.

Reply
 
 
Sep 2, 2012 21:19:30   #
jjwright71 Loc: Lubbock,Tx
 
pigpen wrote:
EdJ0307 wrote:
Yeah, it's the Republican's and Bush's fault.
Kit Lens wrote:
Put some thought into this problem and you'll see that the reason the companies are moving is that they are given tax breaks for being overseas including deferral of payment and reduced rates. Both things that the President has said need to be changed but were blocked by the Republican Congress which seems to be able to pass raises for themselves but little else.
This isn't socialism by the way - this is capitalism.
Figure it out.
Yeah, it's the Republican's and Bush's fault. quot... (show quote)


"It's Bush's fault" was only when congress was completely controled by the libs. Now they have the republican house they can blame it on.
quote=EdJ0307 Yeah, it's the Republican's and Bus... (show quote)
if thats your take on it reelect obama-bama ,and ya better learn which way is east an buy yourself a prayer rug and a koran whilst you gots money

Reply
Sep 3, 2012 11:42:56   #
pigpen
 
jjwright71 wrote:
pigpen wrote:
EdJ0307 wrote:
Yeah, it's the Republican's and Bush's fault.
Kit Lens wrote:
Put some thought into this problem and you'll see that the reason the companies are moving is that they are given tax breaks for being overseas including deferral of payment and reduced rates. Both things that the President has said need to be changed but were blocked by the Republican Congress which seems to be able to pass raises for themselves but little else.
This isn't socialism by the way - this is capitalism.
Figure it out.
Yeah, it's the Republican's and Bush's fault. quot... (show quote)


"It's Bush's fault" was only when congress was completely controled by the libs. Now they have the republican house they can blame it on.
quote=EdJ0307 Yeah, it's the Republican's and Bus... (show quote)
if thats your take on it reelect obama-bama ,and ya better learn which way is east an buy yourself a prayer rug and a koran whilst you gots money
quote=pigpen quote=EdJ0307 Yeah, it's the Republ... (show quote)


re-read my post. it's sarcasm.

Reply
Sep 3, 2012 11:49:58   #
gmcase Loc: Galt's Gulch
 
pigpen wrote:
jjwright71 wrote:
pigpen wrote:
EdJ0307 wrote:
Yeah, it's the Republican's and Bush's fault.
Kit Lens wrote:
Put some thought into this problem and you'll see that the reason the companies are moving is that they are given tax breaks for being overseas including deferral of payment and reduced rates. Both things that the President has said need to be changed but were blocked by the Republican Congress which seems to be able to pass raises for themselves but little else.
This isn't socialism by the way - this is capitalism.
Figure it out.
Yeah, it's the Republican's and Bush's fault. quot... (show quote)


"It's Bush's fault" was only when congress was completely controled by the libs. Now they have the republican house they can blame it on.
quote=EdJ0307 Yeah, it's the Republican's and Bus... (show quote)
if thats your take on it reelect obama-bama ,and ya better learn which way is east an buy yourself a prayer rug and a koran whilst you gots money
quote=pigpen quote=EdJ0307 Yeah, it's the Republ... (show quote)


re-read my post. it's sarcasm.
quote=jjwright71 quote=pigpen quote=EdJ0307 Yea... (show quote)


Looks like Pigpen is destined to mistaken for a lefty.

:XD:

Reply
Nov 28, 2012 09:51:47   #
gekko11 Loc: Las Cruces NM
 
bull drink water wrote:
walmart has driven more companys overseas than anyone else.surely there must be at least one cpa out there.tell us how many loopholes exist when you are dealing with tens and hundreds of millions.in asia they have sweetheart deals,pay next to nothing,rip off the workers, and have the government act as enforcers to keep the worker in line.yrs ago nike sold shoes that cost $5 to make for$140. now they are selling shoes that cost $20. for $365. when we say no way are we going to be riped off that will stop.we have given up entire industries for cheap labor,and most of the new jobs need fewer workers and pay diddly squat.
walmart has driven more companys overseas than any... (show quote)

who the hell would pay 140.00 for a pair of Nikes much less 360.00? gullibility of the consumer has some part in this . buy a pair of New Balance Shoes (american made) for about 35.00! just as good IMHO

Reply
 
 
Nov 28, 2012 14:10:29   #
Raider Fan Loc: Lake County, IL.
 
Bangee5 wrote:
Screamin Scott wrote:
http://finance.yahoo.com/news/u-firms-move-abroad-024200566.html


I want to see what the democratic liberal/socialist have to say about this. Will it be Bush's fault? Will they say the rich is only wanting to get richer? Can't blame the Unions. Lets tax the rich till there are no more rich then we can all be poor. Why are people so blind as to what is going on here in the USA.


tax the rich to feed the poor until there are no rich no more...Alvin Lee

Reply
Nov 28, 2012 15:53:27   #
RMM Loc: Suburban New York
 
Scott, is it possible that some of these companies are blaming Obama for forcing them to leave when they have other reasons, but don't want to publicly acknowledge them?

One virtue of a value added tax (VAT) as an alternative to other corporate taxes is that the tax would apply to the sale of an item. To prevent an end-around, it should also apply to any item purchased outside the country, and imported here. In other words, apply the tax at the border.

Some companies would still choose to relocate because regulation is more lax elsewhere, and they wouldn't have to spend money controlling or eliminating their pollution. If they insist on poisoning the local population, I could nominate some countries I wouldn't care about too much. And, of course, child labor and other forbidden practices also lower costs.

Reply
Nov 28, 2012 16:20:43   #
Screamin Scott Loc: Marshfield Wi, Baltimore Md, now Dallas Ga
 
Speculation on your part as for reasons (conspiracy theory ?)...As for a VAT tax, that , when combined with all the other taxes (hidden or not),would create a serious drag on spending, thus causing us to possibly go back into a recession. One thing you are not taking into consideration is that , in many cases, wages paid to workers in those other countries, is a lot more than most workers make. So, while the wages they are paid might offend us, it's likely more than most of their other countrymen make & in time, those situations change as a natural progression of the host country's economy improves. Just like it did in this country... Funny how you have such a low opinion of American businesses & hold the Federal Government in such high esteem...Many of those in high positions in Government go on afterwards to hold high positions in business...

RMM wrote:
Scott, is it possible that some of these companies are blaming Obama for forcing them to leave when they have other reasons, but don't want to publicly acknowledge them?

One virtue of a value added tax (VAT) as an alternative to other corporate taxes is that the tax would apply to the sale of an item. To prevent an end-around, it should also apply to any item purchased outside the country, and imported here. In other words, apply the tax at the border.

Some companies would still choose to relocate because regulation is more lax elsewhere, and they wouldn't have to spend money controlling or eliminating their pollution. If they insist on poisoning the local population, I could nominate some countries I wouldn't care about too much. And, of course, child labor and other forbidden practices also lower costs.
Scott, is it possible that some of these companies... (show quote)

Reply
Nov 28, 2012 16:54:09   #
RMM Loc: Suburban New York
 
Screamin Scott wrote:
Speculation on your part as for reasons (conspiracy theory ?)...As for a VAT tax, that , when combined with all the other taxes (hidden or not),would create a serious drag on spending, thus causing us to possibly go back into a recession. One thing you are not taking into consideration is that , in many cases, wages paid to workers in those other countries, is a lot more than most workers make. So, while the wages they are paid might offend us, it's likely more than most of their other countrymen make & in time, those situations change as a natural progression of the host country's economy improves. Just like it did in this country... Funny how you have such a low opinion of American businesses & hold the Federal Government in such high esteem...Many of those in high positions in Government go on afterwards to hold high positions in business...
Speculation on your part as for reasons (conspirac... (show quote)

I'm not talking about conspiracy, but a company that's relocating to use cheap labor, or to avoid installing pollution controls, isn't going to come out and say, "We're cheap, we don't care about anything but our bonuses, so we're going overseas." Instead, it's much more palatable to tell the consuming public that government is increasing costs and introducing uncertainty, blah, blah, blah. Net result: company does what it wanted to do, blames Obama, and doesn't offend its customers.

I was suggesting VAT as an alternative to some corporate taxes. All? I don't know, that would take study of the tax code. But the principle is, "Buy my product, pay the tax." No sneaky ways to stash the money overseas to avoid taxes here. If you're going to pay the tax either way, might as well stay here. In fact, might as well move some stuff back here, since the situation is more stable than elsewhere.

My level of esteem for American businesses is based on over 30 years in the corporate sector. I know how it's supposed to work - merit and all that good stuff - and I've seen how it works - went to Princeton, married the boss's daughter - and sometimes I wonder how we ever beat the Soviets. No, it's not all bleak, but I've seen incompetence tolerated and even rewarded. I just don't have any illusions.

The private sector and the public sector both could use improvement.

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