To: MojoWire
But we as American citizen business owners should be free to make that choice.
But should you choose to move your business overseas, the American people are not required to grant you corporation status, nor to guarantee that you have all the benefits of an American corporation. You effectively become a foreign corporation at that point, and necessarily should lose any benefit you might have had as an American corporation.
To: hedgetrimmer
But should you choose to move your business overseas ...the American people are not required to grant you corporation status (and) you ... should lose any benefit you might have had as an American corporation.Agreed.
I'm not sure how it works at present, but I agree that the U.S. govt. should not give any financial guarantees, etc. to companies who voluntarily move overseas. (I recall hearing about a U.S. statuted that DOES provide U.S. companies with insurance. If so, it should be scrapped immediately.
You play with fire, you might get burned.
260 posted on
01/02/2006 5:13:39 PM PST by
Edit35
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