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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (3109)	2/19/2004 8:20:26 AM
From: ChinuSFO	Read Replies (2) \| Respond to of 81568

It is a stupid question. Looks like you have not been following the debate on outsourcing. It is not my intent to give you a lesson in economics if that is what your question is supposed to imply. For a start go and watch Lou Dobbs show on CNN everyday.

To: JakeStraw who wrote (3109)	2/19/2004 1:21:30 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 81568

I am convinced that one simple change the tax code wrt capitalization of these huge offshore expenditures (in other words make the companies building these facilities expense the entire thing up front with no favorable tax treatment if it is offshore)- would fix a TON right there. AMD would never have broke ground on a 4 billion dollar fab offshore if it was not capitalized in the same fashion as a US bldg. As it turns out NY made a very competitive offer also. BofA is building a new office bldg in india, are they willing to do that without favorable accounting treatment? I doubt it.