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


To: tonto who wrote (10326)3/28/2004 8:37:05 AM
From: John CarragherRespond to of 81568
 
it does nothing for jobs it is smoke and mirrors. I do believe kerry has as much chance for president at Bush . polls are very close. if they start to talk about the future, about plans to cut expenses and build security that person may get elected. This talk about vietnam and awol , no one is interested. The program is what are you going to do for me now,



To: tonto who wrote (10326)3/28/2004 11:44:34 AM
From: Lizzie TudorRead Replies (1) | Respond to of 81568
 
this Kerry economic plan double taxes the large multinationals that produce products offshore and sell them here. HP does this as an example.

Taxes, in and of themselves are just one advantage of offshoring. But the cost savings relized from offshoring according to MacKenzie and others are starting to be scaled back, to 10-30% vs. the original 70% that everyone was touting. So, if a multinational is contemplating building an offshore facility to achieve say 15% cost differential, AND they know they now will be double taxed, this approach to "cost savings" is less advantageous.

No, it won't stop offshoring but it is something. There is nothing not to like about this plan. Its smart and moderate.