Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Rio
2.3% increase

If I had a 100 million dollar company that made some sort of medical device, could effectively move it "nearshore" (or whatever) to Mexico without compromising quality, and would save 2.3% ($2,300,000), or a fair bit of my yearly profits ......why wouldn't I?

Or, to look at it another way....Remember that companies don't really pay taxes, they just pass them on. Why ask my customers to absorb the additional charges?

In this particular case, I don't blame the companies for playing by the rules, I blame the government for setting up ridiculous rules to begin with.

5 posted on 05/13/2013 8:23:39 AM PDT by wbill
[ Post Reply | Private Reply | To 1 | View Replies ]


To: wbill

And this tax wasn’t on profits it’s on sales so it’s even more onerous.


6 posted on 05/13/2013 8:33:39 AM PDT by Rusty0604
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson