It was GOP tax breaks and subsidies that moved millions of jobs to China. Not trade agreements.

[Hossfly]

Whitehouse says companies get a tax break for moving jobs overseas

So the law Whitehouse decries is still the law. There is little debate that the current system allows companies to get a tax break for their expenses when they send jobs outside the U.S.
We rate Whitehouse's statement True.

GOP senators block Dem ‘insourcing’ bill
Under current law, companies can deduct the cost of moving people and equipment overseas from their taxes. S. 3364 would have eliminated that deduction, and created a new 20 percent tax credit for all costs associated with moving overseas jobs back to America.

Senate Republicans block bill to end tax breaks for outsourcing
Senate Republicans block bill to end tax breaks for outsourcing


Bernie Santa's followers have it all wrong. There is nothing in any trade agreement about tax breaks for companies moving millions of American jobs to China. It's been and has always been about GOP tax cuts and subsidies for companies moving to China. Come on people, get it right.

Whatever the reason, a flat tax would eliminate all the tax hocus pocus.

How so?

Can't a company just move somewhere else and not even file their flat tax postcard ?

Yes but either way they should be charged a huge prohibitive fee to make their offshore enterprise worthless until they moved back to the U.S.

 

[bripat9643]

Whitehouse says companies get a tax break for moving jobs overseas

So the law Whitehouse decries is still the law. There is little debate that the current system allows companies to get a tax break for their expenses when they send jobs outside the U.S.
We rate Whitehouse's statement True.

GOP senators block Dem ‘insourcing’ bill
Under current law, companies can deduct the cost of moving people and equipment overseas from their taxes. S. 3364 would have eliminated that deduction, and created a new 20 percent tax credit for all costs associated with moving overseas jobs back to America.

Senate Republicans block bill to end tax breaks for outsourcing
Senate Republicans block bill to end tax breaks for outsourcing


Bernie Santa's followers have it all wrong. There is nothing in any trade agreement about tax breaks for companies moving millions of American jobs to China. It's been and has always been about GOP tax cuts and subsidies for companies moving to China. Come on people, get it right.

Whatever the reason, a flat tax would eliminate all the tax hocus pocus.

How so?

Can't a company just move somewhere else and not even file their flat tax postcard ?

Yes but either way they should be charged a huge prohibitive fee to make their offshore enterprise worthless until they moved back to the U.S.

Fuck off. You're a frikken commie. The U.S. government does not own private corporations. Any such "charge" is a violation of the 5th amendment.

 

[Timmy]

Look what Obama GAVE the company that moved 1,400 jobs to Mexico... - Allen B. West - AllenBWest.com

Trumps clothing line is made in Mexico .

There are no U.S. companies that manufacture clothing, nimrod.

That's a lie . Nimrod .

Joseph Abboud comes to mind . Men's suits ! Just like trumps Mexico line. , but made in the us .

Nimrod .

 

[froggy]

Look what Obama GAVE the company that moved 1,400 jobs to Mexico... - Allen B. West - AllenBWest.com

Trumps clothing line is made in Mexico .

There are no U.S. companies that manufacture clothing, nimrod.

That's a lie . Nimrod .

Joseph Abboud comes to mind . Men's suits ! Just like trumps Mexico line. , but made in the us .

Nimrod .

Trumps is made in China not Mexico

 

[Hossfly]

Whitehouse says companies get a tax break for moving jobs overseas

So the law Whitehouse decries is still the law. There is little debate that the current system allows companies to get a tax break for their expenses when they send jobs outside the U.S.
We rate Whitehouse's statement True.

GOP senators block Dem ‘insourcing’ bill
Under current law, companies can deduct the cost of moving people and equipment overseas from their taxes. S. 3364 would have eliminated that deduction, and created a new 20 percent tax credit for all costs associated with moving overseas jobs back to America.

Senate Republicans block bill to end tax breaks for outsourcing
Senate Republicans block bill to end tax breaks for outsourcing


Bernie Santa's followers have it all wrong. There is nothing in any trade agreement about tax breaks for companies moving millions of American jobs to China. It's been and has always been about GOP tax cuts and subsidies for companies moving to China. Come on people, get it right.

Whatever the reason, a flat tax would eliminate all the tax hocus pocus.

How so?

Can't a company just move somewhere else and not even file their flat tax postcard ?

Yes but either way they should be charged a huge prohibitive fee to make their offshore enterprise worthless until they moved back to the U.S.

Fuck off. You're a frikken commie. The U.S. government does not own private corporations. Any such "charge" is a violation of the 5th amendment.

B.S. The government could charge them a 30 thousand dollar custom fee to import a 30 thousand dollar car. That might cause GM to think about coming back.

 

[Timmy]

Whitehouse says companies get a tax break for moving jobs overseas

So the law Whitehouse decries is still the law. There is little debate that the current system allows companies to get a tax break for their expenses when they send jobs outside the U.S.
We rate Whitehouse's statement True.

GOP senators block Dem ‘insourcing’ bill
Under current law, companies can deduct the cost of moving people and equipment overseas from their taxes. S. 3364 would have eliminated that deduction, and created a new 20 percent tax credit for all costs associated with moving overseas jobs back to America.

Senate Republicans block bill to end tax breaks for outsourcing
Senate Republicans block bill to end tax breaks for outsourcing


Bernie Santa's followers have it all wrong. There is nothing in any trade agreement about tax breaks for companies moving millions of American jobs to China. It's been and has always been about GOP tax cuts and subsidies for companies moving to China. Come on people, get it right.

Companies are going over seas because it is cheaper. Until we lower the the US Corporate Tax Rate, companies will be going over seas to remain competitive. The US has not been Business Friendly for over 8 years. The US Government needs to learn from our Business Friendly States.

"Business freindly " you mean act like a third world country that pays workers shit and trashes the enviornment ?

 

[bripat9643]

Look what Obama GAVE the company that moved 1,400 jobs to Mexico... - Allen B. West - AllenBWest.com

Trumps clothing line is made in Mexico .

There are no U.S. companies that manufacture clothing, nimrod.

That's a lie . Nimrod .

Joseph Abboud comes to mind . Men's suits ! Just like trumps Mexico line. , but made in the us .

Nimrod .

He's a small volume luxury manufacturer. His suits start at $700. Yeah, you can make cloths here in the United States if you cater to the wealthy.

 

[Timmy]

Look what Obama GAVE the company that moved 1,400 jobs to Mexico... - Allen B. West - AllenBWest.com

Trumps clothing line is made in Mexico .

There are no U.S. companies that manufacture clothing, nimrod.

That's a lie . Nimrod .

Joseph Abboud comes to mind . Men's suits ! Just like trumps Mexico line. , but made in the us .

Nimrod .

Trumps is made in China not Mexico

Was there too much regulation in Mexico ?

 

[bripat9643]

Whitehouse says companies get a tax break for moving jobs overseas

So the law Whitehouse decries is still the law. There is little debate that the current system allows companies to get a tax break for their expenses when they send jobs outside the U.S.
We rate Whitehouse's statement True.

GOP senators block Dem ‘insourcing’ bill
Under current law, companies can deduct the cost of moving people and equipment overseas from their taxes. S. 3364 would have eliminated that deduction, and created a new 20 percent tax credit for all costs associated with moving overseas jobs back to America.

Senate Republicans block bill to end tax breaks for outsourcing
Senate Republicans block bill to end tax breaks for outsourcing


Bernie Santa's followers have it all wrong. There is nothing in any trade agreement about tax breaks for companies moving millions of American jobs to China. It's been and has always been about GOP tax cuts and subsidies for companies moving to China. Come on people, get it right.

Whatever the reason, a flat tax would eliminate all the tax hocus pocus.

How so?

Can't a company just move somewhere else and not even file their flat tax postcard ?

Yes but either way they should be charged a huge prohibitive fee to make their offshore enterprise worthless until they moved back to the U.S.

Fuck off. You're a frikken commie. The U.S. government does not own private corporations. Any such "charge" is a violation of the 5th amendment.

B.S. The government could charge them a 30 thousand dollar custom fee to import a 30 thousand dollar car. That might cause GM to think about coming back.

GM doesn't import cars to the U.S. from overseas. China requires them to have plants in China if they want to sell cars there. What do you propose they do?

 

[Timmy]

Look what Obama GAVE the company that moved 1,400 jobs to Mexico... - Allen B. West - AllenBWest.com

Trumps clothing line is made in Mexico .

There are no U.S. companies that manufacture clothing, nimrod.

That's a lie . Nimrod .

Joseph Abboud comes to mind . Men's suits ! Just like trumps Mexico line. , but made in the us .

Nimrod .

He's a small volume luxury manufacturer. His suits start at $700. Yeah, you can make cloths here in the United States if you cater to the wealthy.

They are a U.S. company manufacturing clothing . Right ? I think you should apologize for that nimrod comment .

 

[bripat9643]

Look what Obama GAVE the company that moved 1,400 jobs to Mexico... - Allen B. West - AllenBWest.com

Trumps clothing line is made in Mexico .

There are no U.S. companies that manufacture clothing, nimrod.

That's a lie . Nimrod .

Joseph Abboud comes to mind . Men's suits ! Just like trumps Mexico line. , but made in the us .

Nimrod .

He's a small volume luxury manufacturer. His suits start at $700. Yeah, you can make cloths here in the United States if you cater to the wealthy.

They are a U.S. company manufacturing clothing . Right ? I think you should apologize for that nimrod comment .

Puhleeze. I'm sure you can even find a tailor who will make a suit for you by hand for $3000. That isn't the same as factory produced clothing.

 

[Hossfly]

Whatever the reason, a flat tax would eliminate all the tax hocus pocus.

How so?

Can't a company just move somewhere else and not even file their flat tax postcard ?

Yes but either way they should be charged a huge prohibitive fee to make their offshore enterprise worthless until they moved back to the U.S.

Fuck off. You're a frikken commie. The U.S. government does not own private corporations. Any such "charge" is a violation of the 5th amendment.

B.S. The government could charge them a 30 thousand dollar custom fee to import a 30 thousand dollar car. That might cause GM to think about coming back.

GM doesn't import cars to the U.S. from overseas. China requires them to have plants in China if they want to sell cars there. What do you propose they do?

I ain't buying any American items produced offshore. I hope everyone does the same. And China can get bent.

 

[Timmy]

Trumps clothing line is made in Mexico .

There are no U.S. companies that manufacture clothing, nimrod.

That's a lie . Nimrod .

Joseph Abboud comes to mind . Men's suits ! Just like trumps Mexico line. , but made in the us .

Nimrod .

He's a small volume luxury manufacturer. His suits start at $700. Yeah, you can make cloths here in the United States if you cater to the wealthy.

They are a U.S. company manufacturing clothing . Right ? I think you should apologize for that nimrod comment .

Puhleeze. I'm sure you can even find a tailor who will make a suit for you by hand for $3000. That isn't the same as factory produced clothing.

Suits are expensive . $700 ain't exactly outrageous .

 

[leftwinger]

"Business freindly " you mean act like a third world country that pays workers shit and trashes the enviornment ?

Well, would you rather have no jobs at all? Living in a box or tent, crapping in a hole, eating out of dumpsters? it ain't all or nothing.

AND I don't understand why flat tax would not work? If you make $10K in year pay 10% tax to FED? If a company moves in April, pay for three months earnings?

 

[MisterBeale]

Whatever the reason, a flat tax would eliminate all the tax hocus pocus.

How so?

Can't a company just move somewhere else and not even file their flat tax postcard ?

Yes but either way they should be charged a huge prohibitive fee to make their offshore enterprise worthless until they moved back to the U.S.

Fuck off. You're a frikken commie. The U.S. government does not own private corporations. Any such "charge" is a violation of the 5th amendment.

B.S. The government could charge them a 30 thousand dollar custom fee to import a 30 thousand dollar car. That might cause GM to think about coming back.

GM doesn't import cars to the U.S. from overseas. China requires them to have plants in China if they want to sell cars there. What do you propose they do?

Require China to have manufacturing facilities to sell products here. Fair trade, not free trade.

 

[Dont Taz Me Bro]

It was GOP tax breaks and subsidies that moved millions of jobs to China. Not trade agreements..

Nope, it was NAFTA, passed by your party, troll.

 

[Andylusion]

Whitehouse says companies get a tax break for moving jobs overseas

So the law Whitehouse decries is still the law. There is little debate that the current system allows companies to get a tax break for their expenses when they send jobs outside the U.S.
We rate Whitehouse's statement True.

GOP senators block Dem ‘insourcing’ bill
Under current law, companies can deduct the cost of moving people and equipment overseas from their taxes. S. 3364 would have eliminated that deduction, and created a new 20 percent tax credit for all costs associated with moving overseas jobs back to America.

Senate Republicans block bill to end tax breaks for outsourcing
Senate Republicans block bill to end tax breaks for outsourcing


Bernie Santa's followers have it all wrong. There is nothing in any trade agreement about tax breaks for companies moving millions of American jobs to China. It's been and has always been about GOP tax cuts and subsidies for companies moving to China. Come on people, get it right.

Right.... Um...

I have to assume this is a fairly limited tax break. There is no tax break named the "moving operations out of the US tax break". Doesn't exist. I have to assume this is a some extremely limited tax break.

When my company outsourced to China, we most certainly didn't get any tax break at all for doing it.

My guess is, this is one of those super limited technical tax breaks that only 1 in a hundred companies qualifies for, and only once a decade.

More importantly, I'm stating as fact, that it's not a tax break that makes any difference economically, to whether a company outsources. Because we outsourced to china, without any tax break.

The bottom line is that a company that is in the position of needing to outsource, isn't going to be influenced by a one time tax break.

Equally, no company is going to bring jobs back to the US, when it is not profitable to do so, because of a one time tax break.

So this is just another example of how easily manipulated the left wing can be, by cunning politicians in Washington, that know how to score political points with symbolic but otherwise irrelevant policies.

 

[Timmy]

"Business freindly " you mean act like a third world country that pays workers shit and trashes the enviornment ?

Well, would you rather have no jobs at all? Living in a box or tent, crapping in a hole, eating out of dumpsters? it ain't all or nothing.

AND I don't understand why flat tax would not work? If you make $10K in year pay 10% tax to FED? If a company moves in April, pay for three months earnings?

What's a companies "income" ? How do you measure that ?

 

[Timmy]

It was GOP tax breaks and subsidies that moved millions of jobs to China. Not trade agreements..

Nope, it was NAFTA, passed by your party, troll.

nafta was by partisan. Started by elder bush.

 

[leftwinger]

I don't know the answers? Liberals love APPL, they don't assemble/manufacture much in USA. China loves APPL. Chinese need jobs too? USA can never compete with that can it? Unless cost effective to open up MFG in urban centers and put "inner city" to work at low wage, repetitive jobs like in China. APPL forces suppliers to go offshore to make any profit on the goods sold to APPL. Equilibrium? balance?

As is is now no one is going to MFG 10mil PCB cell phone boards per month in OAK CA at ~53% tax?