Power shift to emerging economies by 2025: study

[thecoalman]

Originally Posted by gramirez2012

FALSE. It's the big businesses that send their jobs overseas to people who are willing to work for pennies a day.

Here's the scenario, this is from the real world. A foreign competitor enters your market or another comeptitor within this country starts importing from overseas undercutting the cost of your product significantly. Here's your choices:

A. Slowly watch the company go bankrupt. You lose everything and everyone loses their job.

B. You can move the jobs overseas to stay competitive, you stay wealthy and some of your employees get to keep their jobs.

That's your choices, there is no other options. So which one is your choice?

[gramirez2012]

Originally Posted by thecoalman

Here's the scenario, this is from the real world. A foreign competitor enters your market or another comeptitor within this country starts importing from overseas undercutting the cost of your product significantly. Here's your choices:

A. Slowly watch the company go bankrupt. You lose everything and everyone loses their job.

B. You can move the jobs overseas to stay competitive, you stay wealthy and some of your employees get to keep their jobs.

That's your choices, there is no other options. So which one is your choice?

C. Get tax breaks from the government for going with option B.

[Lycanmaster]

Absolutely no doubt about that. Fact of the matter is, it is already happening at a blinding rate that it is almost unreal to see how America has fallen in so many ways.

[thecoalman]

Originally Posted by gramirez2012

C. Get tax breaks from the government for going with option B.

You can charge all the tax you want, this just increases the cost of goods and inevitably leads to more business's leaving as they seek more business friendly nations. Personally I think we need to just eliminate business tax altogether. Flatten the playing field so politicians are picking the winners and losers and provide an incentive to do business here. It's really pointless to tax business, these costs are just passed onto the consumer, realistically any business paying tax is just a tax collector.