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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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To: Madame de Winter
You feel strongly on this issue - good. I urge you to do some reading.
34 posted on 07/31/2002 10:07:47 PM PDT by Principled
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