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

To: J_F_Shepard who wrote (637610)	11/29/2011 4:13:30 PM
From: TimF	1 Recommendation Read Replies (1) \| Respond to of 1577859

"When you bring your millions into the US from the Caymans it's stupid to penalize that?" Yes. Very much so. If you bring it back it does some good here, if you penalize it being brought back then it stays there. You have to consider the incentives you create. People respond more to real incentives then they do to any theoretical discussion of the merits of an issue. And if you want to consider the merits, profits earned outside the US, shouldn't be part of the US's jurisdiction. Sure the US is the big superpower, but it isn't the world's government. The US government is sovereign over its territory, but not over the rest of the world, and it doesn't own it citizens and shouldn't try to act like it does. " by the standards almost all the rest of the world uses, it shouldn't be. " Is that true of healthcare also? On taxes almost every single country has a territorial system (I think only one or two others besides the US try to tax income outside their boundaries, and the others are small and incapable of enforcing such a tax. The US is the only country I can think of where such an international tax is more then theoretical. With health care its more complex. There are all sorts of different systems in all sorts of different countries. In any case the fact that other countries do something a certain way doesn't necessarily mean the US should do it that way, at most its a sign that it might not be a crazy way of doing things. In the case of taxes its the right way, and other countries do it that way, which isn't the same as it being the right way because other countries do it that way.