More evidence that record profits are not yielding US jobs..

Prince Of Dorkness

know1 wrote:

What makes an American more deserving of a job than a foreigner? People are people. Patriotism is a form of discrimination which seems to be accepted.

Hm... aren't you the same guy who was railing about illegal immigrants a while back?

gimmesometruth27

again, how to those of you on here who advocate imposing fines on companies that hire illegal immigrants yet support an american company's right to hire workers overseas to the detriment of our own economy?

you can not be for one and against the other, because any way you want to look at it, in both examples the american workers lose jobs while the company profits.

mikepegg44

gimmesometruth27 wrote:

cincybearcat wrote:

Ok, the fact is the opportunity for growth exists outside the US.

Additionally, the US's tax structure has the highest Corporate tax in the world. The tax structure is set up to discourage companies from being in the US.

Things need to change.

Here's an example:

Company A and Plant 1 & Plant 2. Both plants make the same product for different regions of the world.

Plant 1 - US plant.
Plant 2 - European plant.

When expanding into the Asia market with a new product, Plant 1 can make the product for cheaper $ than Plant 2, however the company decides to manufacture the product at Plant 2. Why?

Because the country where plant 2 is located has far more favorable tax laws and in the end this greatly exceeds any of the cost savings that Plant 1 can provide on product cost.

We are shooting ourselves in the foot and still blaming the bullet.

if the us has the highest corporate taxes in the world, why did so many corporations not pay a dollar in taxes last year?? doesn't really make sense. if company a ships jobs overseas to get favorable tax breaks but is still headquartered in the united states they should still be taxed.

they have done nothing for the american worker yet they call themselves an american company. for them to claim that they had better hire our workers or pay the taxes to not hire them.

income tax isn't the only tax. Payroll taxes are a large portion of the tax burden on companies, and I don't believe any get a pass on those. Not to mention what will happen to all the companies that didn't get an exemption on the healthcare bill, whether people like it or not that is a big concern to businesses. They pay a lot of money per employee for health insurance and from the sound of it they are going to have to pay more as they are required to cover people who weren't covered before and until they know how that will affect them.
Look up what is happening with Boeing/south carolina for a good example of how the gov't is getting in the way.

cincybearcat

gimmesometruth27 wrote:

cincybearcat wrote:

Ok, the fact is the opportunity for growth exists outside the US.

Additionally, the US's tax structure has the highest Corporate tax in the world. The tax structure is set up to discourage companies from being in the US.

Things need to change.

Here's an example:

Company A and Plant 1 & Plant 2. Both plants make the same product for different regions of the world.

Plant 1 - US plant.
Plant 2 - European plant.

When expanding into the Asia market with a new product, Plant 1 can make the product for cheaper $ than Plant 2, however the company decides to manufacture the product at Plant 2. Why?

Because the country where plant 2 is located has far more favorable tax laws and in the end this greatly exceeds any of the cost savings that Plant 1 can provide on product cost.

We are shooting ourselves in the foot and still blaming the bullet.

if the us has the highest corporate taxes in the world, why did so many corporations not pay a dollar in taxes last year?? doesn't really make sense. if company a ships jobs overseas to get favorable tax breaks but is still headquartered in the united states they should still be taxed.

they have done nothing for the american worker yet they call themselves an american company. for them to claim that they had better hire our workers or pay the taxes to not hire them.

"Ship jobs overseas"...

Now that's interesting. What about a company that is GLOBAL, serving a GLOBAL community. They have there base country but they establish manufacturing in the region where the products are sold...o at least in a region with friendly tax systems for delivery into the new markets. They aren't shipping jobs overseas in these cases, they are responding to a growing market and do so by manufacturing goods in the locations that allow them to remain competitive.

I don't disagree that some companies do simply "ship jobs overseas", but let's stop giving them reasons to.

gimmesometruth27

cincybearcat wrote:

"Ship jobs overseas"...

Now that's interesting. What about a company that is GLOBAL, serving a GLOBAL community. They have there base country but they establish manufacturing in the region where the products are sold...o at least in a region with friendly tax systems for delivery into the new markets. They aren't shipping jobs overseas in these cases, they are responding to a growing market and do so by manufacturing goods in the locations that allow them to remain competitive.

I don't disagree that some companies do simply "ship jobs overseas", but let's stop giving them reasons to.

so a company being global is an excuse to create 2.4 milion jobs overseas while at the same time getting rid of 2.9 million jobs here?

profits uber alles...

mikepegg44

gimmesometruth27 wrote:

cincybearcat wrote:

"Ship jobs overseas"...

Now that's interesting. What about a company that is GLOBAL, serving a GLOBAL community. They have there base country but they establish manufacturing in the region where the products are sold...o at least in a region with friendly tax systems for delivery into the new markets. They aren't shipping jobs overseas in these cases, they are responding to a growing market and do so by manufacturing goods in the locations that allow them to remain competitive.

I don't disagree that some companies do simply "ship jobs overseas", but let's stop giving them reasons to.

so a company being global is an excuse to create 2.4 milion jobs overseas while at the same time getting rid of 2.9 million jobs here?

profits uber alles...

I realize you aren't really talking at me with this, but I am jumping in anyway...why are borders important?

know1

stuckinline wrote:

know1 wrote:

My company has had its best 3 sales quarters in a row in its 30 year history.

They've responded by expanding their work force by over 25%.

Personally, I think it's fine if jobs go overseas. What makes an American more deserving of a job than a foreigner? People are people. Patriotism is a form of discrimination which seems to be accepted.

Hmm, I wonder if you would still have the same opinion if YOUR job was outsourced?

gimmie, i understand your point and agree with you.

Mine was - but that has nothing to do with it. .

What difference is there to me if the job went to someone in Texas or the Phillipines? I still do not have the job and someone else does.

know1

gimmesometruth27 wrote:

cincybearcat wrote:

"Ship jobs overseas"...

Now that's interesting. What about a company that is GLOBAL, serving a GLOBAL community. They have there base country but they establish manufacturing in the region where the products are sold...o at least in a region with friendly tax systems for delivery into the new markets. They aren't shipping jobs overseas in these cases, they are responding to a growing market and do so by manufacturing goods in the locations that allow them to remain competitive.

I don't disagree that some companies do simply "ship jobs overseas", but let's stop giving them reasons to.

so a company being global is an excuse to create 2.4 milion jobs overseas while at the same time getting rid of 2.9 million jobs here?

profits uber alles...

What makes Americans more deserving of those jobs than someone born somewhere else?

gimmesometruth27

know1 wrote:

gimmesometruth27 wrote:

cincybearcat wrote:

"Ship jobs overseas"...

Now that's interesting. What about a company that is GLOBAL, serving a GLOBAL community. They have there base country but they establish manufacturing in the region where the products are sold...o at least in a region with friendly tax systems for delivery into the new markets. They aren't shipping jobs overseas in these cases, they are responding to a growing market and do so by manufacturing goods in the locations that allow them to remain competitive.

I don't disagree that some companies do simply "ship jobs overseas", but let's stop giving them reasons to.

so a company being global is an excuse to create 2.4 milion jobs overseas while at the same time getting rid of 2.9 million jobs here?

profits uber alles...

What makes Americans more deserving of those jobs than someone born somewhere else?

that does not make a difference. the point of this thread is that corporations have recovered, are making record profits, and are not hiring people in this country, but they are hiring in droves overseas. and they are not paying taxes here. are you fine with all of that?

cincybearcat

gimmesometruth27 wrote:

know1 wrote:

What makes Americans more deserving of those jobs than someone born somewhere else?

that does not make a difference. the point of this thread is that corporations have recovered, are making record profits, and are not hiring people in this country, but they are hiring in droves overseas. and they are not paying taxes here. are you fine with all of that?

What also makes a difference is you are lumping all corporations into 1 big pot. Yet again with you generalizations when they suit you and attack others when they don't.

gimmesometruth27

cincybearcat wrote:

gimmesometruth27 wrote:

know1 wrote:

What makes Americans more deserving of those jobs than someone born somewhere else?

that does not make a difference. the point of this thread is that corporations have recovered, are making record profits, and are not hiring people in this country, but they are hiring in droves overseas. and they are not paying taxes here. are you fine with all of that?

What also makes a difference is you are lumping all corporations into 1 big pot. Yet again with you generalizations when they suit you and attack others when they don't.

i am asking you the same question.

corporations operate in the same manner, do they not? the for profit ones do anyway.

why are there tax laws that apply to them when they do not pay US taxes in so many situations?

those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

know1

gimmesometruth27 wrote:

that does not make a difference. the point of this thread is that corporations have recovered, are making record profits, and are not hiring people in this country, but they are hiring in droves overseas. and they are not paying taxes here. are you fine with all of that?

Short answer - yes, I'm fine with it. People are people and we all deserve jobs - not just people who happen to live in America. If it gets to the point where all the good jobs are overseas, maybe I'll move ME overseas to work at them.

Something to ponder - Perhaps the fact they are moving jobs overseas is WHY they're more profitable.

Question - When Toyota opens large manufacturing plants here, is it a crime that they're not in Japan anymore? (after all, I think I read that the Camry is now technically the most "American Made" car we have).

know1

gimmesometruth27 wrote:

i am asking you the same question.

corporations operate in the same manner, do they not? the for profit ones do anyway.

why are there tax laws that apply to them when they do not pay US taxes in so many situations?

those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

I agree with Cincy here....you are making generalizations to suit your point.

Have you ever thought that maybe the tax cuts are at least keeping some of the jobs in this country which is kind of the same thing as creating jobs, but not so easy to quantify.

Off topic, but there isn't anything wrong with tax cuts. I'm for them 100% of the time no matter who they're for.

cincybearcat

gimmesometruth27 wrote:

i am asking you the same question.

corporations operate in the same manner, do they not? the for profit ones do anyway.

why are there tax laws that apply to them when they do not pay US taxes in so many situations?

those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

I honestly can't understand what you wrote, so no way I can answer it.

"Corporations operate in the same manner" ??? You have to be kidding me. They all have the same end goal, making $ for the people that work for them and the shareholders or owners, but they hardly operate in the same manner. That is ridiculous. Some are greedy bastards, others are not.

Why is it ok in your mind to blindly paint the evil corporations with the same brush?

usamamasan1

Ah, the evil corporations....

These are owned by individual shareholders right? Often times they get dividends that are taxed right?

When they sell these shares at a gain they pay income tax or cap gains tax right?

"corporations" pay no taxes. this moving train intellect is funny. more dumberer than ever sometimes.

CH156378

yeah more "dumberer"

gimmesometruth27

know1 wrote:

gimmesometruth27 wrote:

i am asking you the same question.

corporations operate in the same manner, do they not? the for profit ones do anyway.

why are there tax laws that apply to them when they do not pay US taxes in so many situations?

those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

I agree with Cincy here....you are making generalizations to suit your point.

Have you ever thought that maybe the tax cuts are at least keeping some of the jobs in this country which is kind of the same thing as creating jobs, but not so easy to quantify.

Off topic, but there isn't anything wrong with tax cuts. I'm for them 100% of the time no matter who they're for.

dude i am sorry, but keeping jobs in this country is not the same thing as creating them, and they are not quantified in that manner. if a guy has worked at GE for 20 years, that job/position was created 20 years ago. keeping that same job here is not creating a job, it is keeping it. if that guy gets canned and they move his job overseas, that job is lost here but created elsewhere.

i thought we were all on the same page here with wanting americans to get back to work and improve the economy. i guess i am wrong... can we at least agree that the unemployment rate is inexcusable, and that these companies moving jobs overseas it at least partly responsible for it?

another thing, where are the jobs supposed to be created by the tax cuts for the wealthy? and where is the jobs legislation that boehner said was going to be the first thing his congress passes?

gimmesometruth27

cincybearcat wrote:

gimmesometruth27 wrote:

i am asking you the same question.

corporations operate in the same manner, do they not? the for profit ones do anyway.

why are there tax laws that apply to them when they do not pay US taxes in so many situations?

those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

I honestly can't understand what you wrote, so no way I can answer it.

"Corporations operate in the same manner" ??? You have to be kidding me. They all have the same end goal, making $ for the people that work for them and the shareholders or owners, but they hardly operate in the same manner. That is ridiculous. Some are greedy bastards, others are not.

Why is it ok in your mind to blindly paint the evil corporations with the same brush?

they are all beholden to their shareholders, and they all have people in DC that insure that their way of doing business will never ever change. if they are going to profit from being in this country they should be taxed on that profit.

cincybearcat

gimmesometruth27 wrote:

cincybearcat wrote:

gimmesometruth27 wrote:

i am asking you the same question.

corporations operate in the same manner, do they not? the for profit ones do anyway.

why are there tax laws that apply to them when they do not pay US taxes in so many situations?

those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

I honestly can't understand what you wrote, so no way I can answer it.

"Corporations operate in the same manner" ??? You have to be kidding me. They all have the same end goal, making $ for the people that work for them and the shareholders or owners, but they hardly operate in the same manner. That is ridiculous. Some are greedy bastards, others are not.

Why is it ok in your mind to blindly paint the evil corporations with the same brush?

they are all beholden to their shareholders, and they all have people in DC that insure that their way of doing business will never ever change. if they are going to profit from being in this country they should be taxed on that profit.

Fine, but when other countries make it far easier for a company to meet their goals financially and they move away, whose fault is it?

Certainly you'd wish for a company to have a sense of country, but the reality is due to globalization, that is all but gone. So, the question should be, how do we as a country do what we can to keep companies in the US?

I'm with you on wanting companies and jobs in the US. But I just think blaming the big bad company is short-sighted and not very productive at all.

unsung

Stop buying foreign made goods! Yes, granted it is nearly impossible but most items can be found made here.

In the meantime people that buy crap from Walmart are keeping companies outsourcing.

Yes, these companies are raking it in, but if nobody buys their product then they will cease to exist. The consumer has the power to make change.

If you are shopping for a washer and dryer walk away if it isn't made in USA, otherwise don't complain.