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To: Madame de Winter
If an American Company moves off-shore to be more competitive as an US compampny defies logic. The fact they do it to avoid tax US taxes is almost treasonous.

They're only moving their books offshore. It makes them more competitive because it allows them to lower prices, increase return on investment, or raise wages. That is purely logical.

Do you minimize your taxes, or do you just pay willy nilly extra when you don't have to? You see, minimizing your tax bill is not "treasonous", it's just stupid not to do so.

No company can stay in business if it doesn't take advantage of every opportunity to save costs. Why do you spite those who choose to keep their company alive? Dead companies pay zero tax and provide zero jobs.

US companies compete with foreign companies, obviously. But foreign companies don't have the cost of income taxes built into their goods as US goods have. This makes it impossible for US companies to compete. To stay alive, they MUST reduce costs where possible. It is legal and possible to minimize tax as these companies have done, so at least they're still in business providing US jobs!

30 posted on 07/31/2002 9:36:04 PM PDT by Principled
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To: Principled
They're only moving their books offshore. It makes them more competitive because it allows them to lower prices, increase return on investment, or raise wages. That is purely logical. Yes they are more competitive becuase they are not paying any taxes to the US. If they are raising wages, please tell me what is the compariosn, Tawiwan? You see, minimizing your tax bill is not "treasonous", it's just stupid not to do so. Your'e right lets use the rules to the best of our advantage, If it's not illegal doesn't mean it isn't immoral. But foreign companies don't have the cost of income taxes built into their goods as US goods have. This makes it impossible for US companies to compete. Are you sure? That's why we have anti-dumpimpig disputes all the time. So much for free trade unless we are the free traders...
33 posted on 07/31/2002 10:05:40 PM PDT by Madame de Winter
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