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Outsourcing solution?

 
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I'll preface this by stating that I'm a huge proponent for tax reform. Although I'm not a fan of behavioral taxes (including the income tax), the Fair Tax seems to be the best reform suggestion currently on the table, IMO.
Now, how does this tie in to outsourcing? If businesses in the U.S. were no longer taxed, how many foreign companies would move to the U.S. to escape taxation? More importantly, how many would move hire their staff from the U.S. pool? I don't have the numbers, but I heard this idea suggested on the radio and wanted to throw it out there for discussion.
 
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I think this is the best solution so far : "let's all be CEOs!", If you are the CEO, you can't be outsourced right?, that's the best way and this the future. If employees start taking a more entrepreneural approach to their lives, then this outsourcing thing won't be so bad. Think of this way, you are the CEO of your own affairs, if one company lays you off, find out what skills the market needs and retrain quickly. The future is here, people will not only change jobs several times, they will also change industry several times.This idea is not novel at all, in the victorian times, kings had mercenaries fight their wars for them. The so-called "free lances", that's where the word freelance comes from today.
 
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Hi Matthews,
Your Fair Tax link doesn't work.
Base on your post, I think it will create a negative effect such as where and how is the government survived without corporation taxes.
Regards,
MCao
 
Matthew Phillips
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The link seems to be working for me.
Under a consumption tax system (the Fair Tax is just one such proposal), taxes are collected at the retail level instead of the corporate level. Tax dollars are still going to the government.
 
Matthew Phillips
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Originally posted by shay Aluko:
I think this is the best solution so far : "let's all be CEOs!", If you are the CEO, you can't be outsourced right?, that's the best way and this the future. If employees start taking a more entrepreneural approach to their lives, then this outsourcing thing won't be so bad. Think of this way, you are the CEO of your own affairs, if one company lays you off, find out what skills the market needs and retrain quickly. The future is here, people will not only change jobs several times, they will also change industry several times.This idea is not novel at all, in the victorian times, kings had mercenaries fight their wars for them. The so-called "free lances", that's where the word freelance comes from today.


The entrepeneural spirit can certainly solve employment problems for some people. Some people just aren't cut out for being in business for themsevles though.
 
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You can't fight what is happening!
You have to face the issue, and adapt with it to WIN!
Good Luck
 
Robin Davies
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THERE IS LIGHT, BUT IT'S A LONG TUNNEL
 
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Originally posted by Robin Davies:
THERE IS LIGHT, BUT IT'S A LONG TUNNEL


The light at the end of the tunnel is the headlight of the approaching train.
 
Jeroen Wenting
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taxbreaks work to attract companies.
Problem is that the moment the taxbreaks are gone the companies leave as well.
We used to have low corporate taxes which attracted (in combination with an excellent infrastructure) many companies to our shores.
Then we got a socialist (callin themselves "social democrats" of course) government which promptly scrapped those tax incentives and companies started to walk out very quickly leading in massive loss of jobs.
And now we're likely to start seeing the infrastructure deteriorating as well...
 
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Originally posted by Matthew Phillips:
I'll preface this by stating that I'm a huge proponent for tax reform. Although I'm not a fan of behavioral taxes (including the income tax), the Fair Tax seems to be the best reform suggestion currently on the table, IMO.
Now, how does this tie in to outsourcing? If businesses in the U.S. were no longer taxed, how many foreign companies would move to the U.S. to escape taxation? More importantly, how many would move hire their staff from the U.S. pool? I don't have the numbers, but I heard this idea suggested on the radio and wanted to throw it out there for discussion.


It's that time of year again. Give me a flat tax. Make it 50%. Make it 75%. Make it 90%. Just please don't give me any more "simplified" taxes. I can't afford the hair loss or the postage.
If I was a company located in a high-tax country, I might consider moving HQ to the US if it abolished corp. taxes. Then I'd do like the natives do - hire people from low-income countries to do all the work. And pocket the $$$$$ benefits on both ends.
[ February 23, 2004: Message edited by: Tim Holloway ]
 
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Originally posted by Tim Holloway:

If I was a company located in a high-tax country, I might consider moving HQ to the US if it abolished corp. taxes. Then I'd do like the natives do - hire people from low-income countries to do all the work. And pocket the $$$$$ benefits on both ends.
[ February 23, 2004: Message edited by: Tim Holloway ]


I was just about to post the exact same thing
Jon
 
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