PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Raymond Duray who wrote (228272)	2/18/2002 6:59:23 PM
From: Peter O'Brien	Read Replies (1) of 769670

Well, unless you think the U.S. should build a "Berlin Wall" to keep people here by force at the point of a gun, I don't know how you are going to stop this trend. What is the problem here anyway? These international companies still have to pay U.S. tax on their U.S.-based operations. They are merely saving tax on their non-U.S.-based operations. What claim does the U.S. government have on their non-U.S.-based operations? If the U.S. tax rate is uncompetitive, that is the U.S. government's problem, not a company's problem. The solution (as Russia has belatedly discovered) is to have a simple, flat, low tax rate so that capital will be attracted to your country instead of looking for any way possible to flee your country.

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