Re: Obama Says Corporation Have to Share Benefits, Profits and Bonuses with Workers

the current tax structure creates a massive
tax benefit to corporations that offshore jobs. Gubmint might not
have
the power to tell them what they "have to" or even "should" do with
their profits, but gubmint sure has had a hand in encouraging them to
find labor outside the US.
------------------------------------------

On the nosey! John Kerry even proposed it in 2004. Nada.

Of course, it does fit the definition of what most dems would call,
"corporate welfare", but hopefully even they would get on board, and
any GOPer who objected, I'd rip a new one for with you.

On Feb 8, 5:41 pm, frankg <fran...@gmail.com> wrote:
> Once upon a time corporations fought for the best talent. In order to
> recruit, win and retain this talent they needed to offer great
> salaries, wonderful benefits, etc. Competition between corporations
> drove the stakes up in favor of the employee.
>
> Today, companies can give a rats ass about talent or experience - it's
> all about reducing labor costs, and with the technologies available,
> they can look anywhere. And what they've discovered is non-US based
> labor means not only lower salaries (in most cases) but, more
> importantly, lower payroll taxes.
>
> I'm not smart enough to know how to fix this, but there's one thing
> painfully clear to me - the current tax structure creates a massive
> tax benefit to corporations that offshore jobs. Gubmint might not have
> the power to tell them what they "have to" or even "should" do with
> their profits, but gubmint sure has had a hand in encouraging them to
> find labor outside the US.
>
> On Feb 8, 3:37 pm, GregfromBoston <greg.vinc...@yahoo.com> wrote:
>
>
>
> > Its more than semantics. unless you can show me where the gubmint has
> > to power to tell them what they "have to" do with their profits.
>
> > I can't find it.
>
> > On Feb 8, 2:53 pm, studio <tl...@hotmail.com> wrote:
>
> > > On Feb 7, 6:15 pm, GregfromBoston <greg.vinc...@yahoo.com> wrote:
>
> > > > He's wrong.  Change "have to", to "should", and he's good.
>
> > > Much like where Bush Jr. talked to Wall Street Financial CEO's and
> > > told them; "they *should* lend more to businesses in order to create
> > > more jobs".
>
> > > They didn't.
> > > He was just as wrong as Obama will be.
> > > These semantics mean nothing and amount to nothing more than worthless
> > > symbolism.- Hide quoted text -
>
> - Show quoted text -

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