Quote:
Originally Posted by EagleFan
Stop the flow of jobs out of our borders. eliminate any tax breaks given to companies who ship jobs out of the country. add tax breaks for companies who keep all their jobs in the country. add tax penalties for companies which ship jobs out of the country. to get the country on it's feet you need joe average to be employed and capable of supporting himself.
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So here's my problem with this kind of thinking given this era of globalization (btw, I certainly don't like the idea of offshoring jobs):
What's an American firm? A company with headquarters in the US? A company that makes products entirely in the US? How do you define that. Start taxing the hell out of firms and they will "move" entirely outside of the US.
People can't have it both ways - you can't bitch and moan about companies going overseas because of cost cutting ways and then buy stuff made overseas at Walmart b/c that's the cheapest price available. And if you are restricted from competing by moving jobs overseas b/c of punitive taxes, American firms will be at a huge cost disadvantage in the global marketplace and will all go belly up.