Quote:
Originally Posted by AzzY
I don't believe in that theory. The average tax burden on US companies amounts to 13.4%, lower than OECD average. The average income margin of US companies is something around 10% That means in other words, that out of the total revenues of a company, barely 1% goes to paying taxes.
I say you gotta be joking if you'r honestly telling me that a company would go through all the troubles of moving to another country in order to pay 0.9% in taxes instead 1.1% in taxes.
There are plenty of reasons why a company can decide to move abroad - cheaper labor, lower environmental standards, etc. Taxes surely play only a minor role.
In any case, if through the many loopholes in our systems we make it extremely easy for companies to move taxable income to tax havens, that are thank God being closed down anyway, than that is another thing - that has nothing to do with outsourcing per se. Taxes might be part of the equasion, but a company outsorcing solely to reduce tax burden because of the supposedly "high" corporate taxes in the US is a fairy tale. |
I guess you never heard of the straw that broke the camels back.
It's called piling on.
Why would a company move to a place where they get a tax incentive that only makes up about .05% of the lifetime costs of a plant? It happens all the time. It's called maximizing proffit and shareholder return.
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Government can only maintain you in poverty, not elevate you from it.
9/11 truthers = Obama birthers. The extremes of both ends. Both just batsh*t crazy.
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