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US tax returns to India causing stir
THE TIMES OF INDIA ^
| APRIL 16, 2003
| CHIDANAND RAJGHATTA
Posted on 04/16/2003 5:04:31 PM PDT by John Lenin
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To: aruanan
Even if we do go to a flat tax business will still need accountants to do taxes. There's this little thing called revenues and expenses and they need to accounted for to figure out what a companies profit is.
101
posted on
04/16/2003 9:47:03 PM PDT
by
John Lenin
(I was the kid next door's imaginary friend)
To: NYC Republican
What would happen if a smaller up-and-coming financial industry advertises by saying that "we support the American worker and American economy, we don't outsource, and only hire Americans".
Have at it. There's probably a market niche for people willing to pay trebble for the pleasure of knowing that locals alone are parochially hired.
To: John Lenin
Exactly so. Accountants are used for much more than merely tax collection and documenting, eh? Any ledger needs someone to account for the money's trails.
To: lilylangtree
Checking with my accountant ASAP.Lilly; I quarantee the accounting firms are still charging the client the full stroke, even though he is getting it done for pennies on the dollar. I am sure there are Americans in this country that would be qualified to do this job.. Regards
To: NYC Republican
and only hire Americans".NYC; A great idea friend. But I believe if you tried it, you would be run out of town. Regards
To: NoControllingLegalAuthority
I haven't heard of nursing being outsourced to India.A Legislative History of H-1B and Other Immigrant Work Visas
1990
The passage of the 1990 Immigration Act is often considered the day H-1B was born. Under the 1990 Act Visas for employment-based immigrants rose to 140,000 from the 58,000 cap established in 1976. The 1990 Act set an annual cap of 65,000 nonimmigrants entering the U.S. under H-1B visas. H-1B workers were given a 3 year visa with a possible extension for a total of six years. It specified that H-1B workers must hold at least a bachelors degree or its equivalent in their specialty field. The Act also required employers to pay H-1B workers the prevailing wage. In addition, the 1990 Act created three other new visa categories for skilled temporary workers--the H-1A visa for nurses and O and P visas for prominent scientists, educators, artists, athletes and entertainers. [4] A cap of 25,000 visas per year was placed on the annual number of newly created "P visas" available for foreign workers in the entertainment industry. [14]
106
posted on
04/16/2003 10:20:38 PM PDT
by
meadsjn
To: ptomsiaresool
Well I'm afraid the days of people in the middle class buying houses is over. You see, with immigration at record levels, that accelerates the price of land - not houses, land. This is great if you're selling. But if you're buying, you can't. In the overall, it's not good for the country. But who's thinking of the good of the country?
To: meadsjn
O and P visas for prominent scientists, educators, artists, athletes and entertainersHow long before we start seeing Indian stand-up comics and linebackers?
To: StockAyatollah
The artists, athletes and entertainers are a negative drain on an economy, regardless of what country they are from. They produce nothing of capital value, but suck financial resources from the productive.
Scientists and educators do provide value-added services (in spite of the fact most of them are liberals) and they are displacing American employees.
109
posted on
04/16/2003 11:08:12 PM PDT
by
meadsjn
To: ptomsiaresool
I am now unemployed and this just bunrs my ass... I live in california Bay Area and all i see is Indians with pregnant wifes.... Now they have it both ways.... Civil unrest will only be a matter of time...... I lost my cushy job in the dot-com implosion and I am not blaming anybody but myself for knowing there was a bubble about to burst and NOT lining up a job in another industry.
Now I'm getting by with contract work here, contract work there, etc., have an overarching "thing" I do, but it doesn't pay me well and I can't talk about it...erm...anyway, point is:
I don't blame anybody. I've been laughed at by liberals who found out I donated to the Bush campaign when I was "flush" (at one of my workplaces). They told me they bet I wanted the money back, chuckle. I told THEM I'd donate blood to give again if I have to.
And there are jobs out there. If you're looking. And willing to work a little harder than just pushing pens around.
Maybe the "Indians with pregnant wifes" are just willing to take certain jobs you don't want to sully your hands with. Because if you're having employment problems, I will gladly send you a 50+ list of companies hiring in your area. They're data entry type postions, at best, but I'm currently doing pretty much that alongside a lot of other very smart people who've fallen on tough times. Plenty of college degrees to go around.
When I don't work, it's because I'm being lazy, not because someone is stealing my job. But that's just me.
And if we want to get industry going, cut taxes. Better yet, cut CAP GAINS taxes.
110
posted on
04/16/2003 11:09:13 PM PDT
by
Kip Lange
(The Khaki Pants of Freedom)
To: USMMA_83
I have to disagree about nursing schools. Each year the schools reject potential nurses and this has been going on for at least 20 to 30 years. Hospitals used to have schools for nurses. Not any more. If I remember correctly, they quit doing that when the first wave of Phillipino nurses came.
We don't have enough nursing schools and it is hard to get in them as they only take so many students per year.
Our medical schools have been regulated by our government for years.
Also the Phillipinos come on regular visas not the HB1 or work visa. They don't have to stay at a hospital like they used to. And they get their American license via the internet in the Phillipines.
They are also another group that brings their aged parents for US freebies.
To: Cultural Jihad
"Well, the retired investors who hire the programmers to begin with get a higher return on their investments,"
The only problem with this is that the retired investors (or semi-retired like myself) are refusing to re-invest until some of the crooked CEO's go to jail. The issue of trust not just in corporate America but the scumbags on Wall Street is keeping a lot of money on the sidelines and in bonds. Betweend the lack of enforcement and prosecution, and the lies the brokerages told their clients, it's no wonder. My money is included since I only have 13% in stocks now where I had 65% 5 years ago.
112
posted on
04/17/2003 4:22:36 AM PDT
by
Beck_isright
("QUAGMIRE" - French word for "unable to find anyone to surrender to")
To: USMMA_83
Think again! Indian nurses and teachers are being recruited in India at an alarming rate. American's just don't want to get into the nursing and teaching professions. They all want to be wall street brokers, etc. All want easy money without having to learn biologoy, chemestry and calculus. That will be our downfall! The fact that the average highschool graduate does not know elementry statistics is a heads-up to everyone concerned. At some point, we decided that an MBA was the ideal, while a poor sob who studies Math, physics or Chemestry is a geek to be laughed at. This process if not reversed, might lead to the Argentinization of America. Maybe Perot and Buchanan were right.
113
posted on
04/17/2003 5:40:35 AM PDT
by
A. Pole
To: NoControllingLegalAuthority
I am glad you are fine. I may have no idea what I'm talking about, but I can sure speak for getting into one of those trades in, let's say Chicago. Right to work may be fine, but that doesn't get you the job. Are you denying that apprentice jobs are significantly more available to families of existing union members and selected minorities?
As far as non-union contractors even bidding on jobs, it is very difficult considering the use of so-called project labor agreements in some areas. So I guess I'm saying that unions are protective of their own and also exclusionary to types of people they don't favor.
114
posted on
04/17/2003 7:00:00 AM PDT
by
nygoose
To: John Lenin
Nice to know it is not going to red china... or that the tax payer owes them not the processing cost (sarcasm)
To: Black Agnes; William McKinley
116
posted on
04/17/2003 11:15:21 AM PDT
by
Paul Ross
(From the State Looking Forward to Global Warming! Let's Drown France!)
To: Beck_isright
I still think back to all the secrets Bubba let all those companies sell to China and it burns my butt.Read CODE NAME KINDRED SPIRIT, by Notra Trulock, ISBN 1-893554-51-1. It will really make your blood boil.
Comment #118 Removed by Moderator
Comment #119 Removed by Moderator
To: John Lenin
WTF??
120
posted on
04/17/2003 8:32:09 PM PDT
by
Hunterb
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