Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
But then one only has to see the size of the US economy and now it effects other. Put the german;UK and china ecomonies together and you have a comparison. Ireland which has low corporate tax rates is perhaps recoverig best and a very small economy which often get it hard by any such collapse in the world economies.The worse off are those who have little left to tax more. France is still in decline. Some say that mnay wil not recover for 10-15 years at best witht eh total situation of no growth or basis to creat it.
[URL="http://www.forbes.com/sites/kurtbadenhausen/2012/11/14/new-zealand-tops-list-of-the-best-countries-for-business/"]New Zealand Tops Our List Of The Best Countries For Business - Forbes[/URL]
We're down to 12th. Good lord.
In a word, Liberalism, or if you please, progressivism.
If that was the case why are many companies moving to other countries?
Operating under a higher tax rate automatically puts U.S. based firms at a competitive disadvantage to their foreign counterparts. Developments in technology and greater global integration have opened international boundaries. Companies today have fewer deterrents from relocating their operations to areas that provide the most economically conducive environment, putting an inestimable pressure on nations to create commerce-friendly conditions. We've already seen this at a state by state level. World's Highest Corporate Tax Rate Hurts U.S. Economically - Economic Intelligence (usnews.com)
What I said about the corporate tax is the case.
It sounds like you're defending U.S. corporations moving overseas to take advantage of horrible working conditions and wages in order to drive costs down, and U.S. workers not willing to go back to those conditions, as justified on the part of corporations.
The U.S. is still the place that world's brightest beg to come, hence work work visas are limited. The problem is investors. For example, while Apple returned record setting returns for years, investors demanded more, and more, and more. Now, God forbid, Apple only return 4%, they're shunned as a disappointment. This isn't about companies or workers, it's about the unsustainable demands of investors.
It sounds like you're defending U.S. corporations moving overseas to take advantage of horrible working conditions and wages in order to drive costs down, and U.S. workers not willing to go back to those conditions, as justified on the part of corporations.
The U.S. is still the place that world's brightest beg to come, hence work work visas are limited. The problem is investors. For example, while Apple returned record setting returns for years, investors demanded more, and more, and more. Now, God forbid, Apple only return 4%, they're shunned as a disappointment. This isn't about companies or workers, it's about the unsustainable demands of investors.
But Germany has better and safer working conditions than the US.
They are more regulated.
They pay higher taxes.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
