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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (231450)	5/4/2005 9:00:01 AM
From: Taro	Read Replies (1) \| Respond to of 1572713

If as a private citizen or green card holder you want to avoid US taxes by moving off shore, first of all you must abolish your citizenship or green card. Next it takes you a full 10 years before you are released by IRS from paying US taxes on your global income. Taro

To: tejek who wrote (231450)	5/4/2005 11:52:55 AM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1572713

Ted, I am not enthralled with the corporate world. Typically, they are self centered and self absorbed with little concern for their customers. There are plenty of companies out there that fit your description, but typically those that do care for their customers, their employees, and their shareholders are among the most successful. Case in point: Starbucks. Even citizens of the PRC enjoy going to Starbucks. I'll never forget the protests in front of the American embassy back in 1999, where the protesters stopped by Starbucks to get a cup of coffee before denouncing the "fascist" American government. Tenchusatsu

To: tejek who wrote (231450)	5/4/2005 1:20:29 PM
From: TimF	Read Replies (1) \| Respond to of 1572713

There are numerous laws that can be into play to protect the American position. It helps that we are one of the largest and most affluent markets in the world. So just do what we want and screw the rest of the world if they don't like it. It sounds like what you are blaming Bush for doing. When you say formerly, I am assuming you're talking about one that has moved to the Bahamas or Bermuda. To answer your question, I offer you the inverse....why shouldn't they if they are an American company that has moved offshore to escape taxes? Because now they are foreign companies. If we tax foreign companies we are putting up a trade barrier. If we only tax companies that were formerly American than we are still putting up a trade barrier even if it is limited and more selective. To the extent that it has any practical effect it will largely be to shift business from formerly American companies to companies that have never been American. Screw them, Tim.......I am not enthralled with the corporate world. Lots of organizations, groups, companies, ect. that I am not enthralled with. That doesn't mean we should set out to screw them. Tim