Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (25577)	1/21/2004 4:40:20 PM
From: kumar	Read Replies (1) \| Respond to of 793750

Surely we're not giving incentives to companies to oursource jobs. I guess the answer depends on which side of the fence one is sitting on. Under US tax laws, US companies that have operations in other countries don't have to pay tax on the non-US profit, until that money comes into the US from the other countries. So if a multinational company chose to re-invest the local profits into the local economic situation, the US may never see the tax being paid on that profit. Which seems kinda fair. Excepting that a US citizen's personal global income is taxable by the US.

To: Lane3 who wrote (25577)	1/21/2004 6:01:11 PM
From: DMaA	Read Replies (1) \| Respond to of 793750

Any "incentives" offered by the government do nothing but cause distortions and inefficiencies. The only incentive business needs is the incentive to survive. To take away unrelated incentives would be punitive and counterproductive.

To: Lane3 who wrote (25577)	1/21/2004 6:05:12 PM
From: Ann Corrigan	Read Replies (4) \| Respond to of 793750

Found this reaction to parts of last night's SofU address on another message board: -- "our troops are making America more secure" (too bad the policymakers aren't doing a better job) -- "we are raising the standards for public schools"? (by providing their names to military recruiters) -- "we are improving protection for the elderly under Medicare" (by not letting them get Canadian presription drugs?) --Applause for PATRIOT ACT EXPIRING NEXT YEAR (we hear you Democrats! Bush makes scrunchy face when people applaud the fact that it's expiring) --smug face after his Saddam capture remark (I got 'em Daddy!...I'm a tough guy) -- "America is always willing to do what it takes for what is right" (in that case I think we should take care of the homeless vet that was on the corner with a sign on my drive home tonight) --he still can't say nu-clee-ar (he says nu-ku-lar)