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Companies leave the USA because of the high cost of maintaining employees and the tangle of government regulation not to mention a plethora of taxes the local, state and federal governments hit businesses with. I was talking with one business owner who let go all his employees because the logistical costs of maintaining them was double their salary.
Really? Well, our company is doing it because the salaries in India are so much lower. You can hire 5 computer programmers in India for the price of one in US. I guess that counts as "high cost of maintaining employees". Salary is a big part of this "maintanence". Of course the cost of health incurance is another, and that may well contribute in companies running out of the country. Who can afford to pay employees coverage, when the cost doubles every nine years. We'll see if there is relief in that front soon. BTW, you are mistaken thinking India is tax-free.
Last edited by Finn_Jarber; 06-27-2009 at 01:55 PM..
If you read the bill and amendment then you can see what it will cost yourself and make up your own mind. Listen but then go off and research the facts for yourself.
OK, so what is the figure your "research" indicates? The CBO says $175 and Republicans say $2500. Which "research" did you buy into? And then some "research" indicates it will save money on the long run and create more jobs, and the other "research" says the opposite.
Since there are no proven facts for future events, there really isn't a way to "research" and come up with relieable numbers.
It sure is strange that lawmakers, who get paid to research these figures come up with numbers ranging from $0 to $2500.
Really? Well, our company is doing it because the salaries in India are so much lower. You can hire 5 computer programmers in India for the price of one in US. I guess that counts as "high cost of maintaining employees". However, you are mistaken thinking India is tax-free.
Anybody who says the US companies are leaving the US exclusively for tax reasons is out of their minds.
India has a 30% corporate tax rate (and other fees) the US is at 15-35%.
They move to India for the cheap labor. (India has UHC too)
If the shoe fits wear it and this bill fits the socialist communist ideology shoe quite well.
It didn't work in Spain with highly inefficient job creation and inefficient energy sources. They are now sitting there with 18% unemployment.
If there was profit and usefulness in wind and solar we would have it.
Double digit unemployment in Spain is nothing new and trying to tie it to cap and trade is ridiculous. Is it dishonest as hell from Hannity's part to make a connection like that, as if that was the only contributing factor (or if that is a factor at all) for Spain's financial problems. Last year they were hit by a housing and banking crises just like anyone else, and the unemployment spiked.
Anybody who says the US companies are leaving the US exclusively for tax reasons is out of their minds.
India has a 30% corporate tax rate (and other fees) the US is at 15-35%.
They move to India for the cheap labor. (India has UHC too)
Yes, I am painfully aware of this truth. Like I said we just had 4th round of lay-offs here and we keep hiring more in India. Soon they will pull the plug from our department completely. As a matter a director from India was here bragging about it a few months ago. I guess he didn't comprehend that he was talking to people whose jobs he was replacing.
Double digit unemployment in Spain is nothing new and trying to tie it to cap and trade is ridiculous. Is it dishonest as hell from Hannity's part to make a connection like that, as if that was the only contributing factor (or if that is a factor at all) for Spain's financial problems. Last year they were hit by a housing and banking crises just like anyone else, and the unemployment spiked.
Exactly! It's amazing how the right wing tries to twist reality to justify their ignorant position. To say cap and trade is the cause of any of the economic woes in Europe is just ridiculous.
OK, so what is the figure your "research" indicates? The CBO says $175 and Republicans say $2500. Which "research" did you buy into? And then some "research" indicates it will save money on the long run and create more jobs, and the other "research" says the opposite.
Since there are no proven facts for future events, there really isn't a way to "research" and come up with relieable numbers.
It sure is strange that lawmakers, who get paid to research these figures come up with numbers ranging from $0 to $2500.
Thanks for proving my point BTW.
I read and didn't buy into any of it. It's a flawed bill that needs work and more accurate accounting, predicting and defining. That's what I came up with from my research. They rushed and passed it. It's a flawed bill.
Each side got armed with their own statistics to throw at each other.
I would like someone to define these new "high paying green jobs" that will be created though.
OK, so what is the figure your "research" indicates? The CBO says $175 and Republicans say $2500. Which "research" did you buy into? And then some "research" indicates it will save money on the long run and create more jobs, and the other "research" says the opposite.
Since there are no proven facts for future events, there really isn't a way to "research" and come up with relieable numbers.
It sure is strange that lawmakers, who get paid to research these figures come up with numbers ranging from $0 to $2500.
Thanks for proving my point BTW.
Well, for starters, let's see: if I want to put a solar power system on my home, it'll cost me $500 for a federal permit (though they can go to hell, I'll never comply). If a business, any business, wants to put in a solar power system of any sort, a $10,000 permit.
And this isn't even getting into the carbon credit and cap and trade thing, all the various permits for businesses...which will be passed on to the consumer.
Well, for starters, let's see: if I want to put a solar power system on my home, it'll cost me $500 for a federal permit (though they can go to hell, I'll never comply). If a business, any business, wants to put in a solar power system of any sort, a $10,000 permit.
And this isn't even getting into the carbon credit and cap and trade thing, all the various permits for businesses...which will be passed on to the consumer.
Where do you get those numbers, and who says you have to put a solar panel on your roof to begin with? That has nothing to do with the claims about everyone's electric bill will triple, or go down (depending on who you listen to).
Last edited by Finn_Jarber; 06-27-2009 at 03:10 PM..
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