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To: Eastbound

"Then what you are saying is that our own government (tax assessors, regulatory agencies) are working in concert to guarantee outsourcing by making it unprofitable for domestic companies to do business in the U.S.?"

Working "in concert?" Only as part of the Law of Unintended Consequences. For example, U.S. corporations are taxed within the U.S. on their ENTIRE income from anywhere in the world, while foreign corporations are taxed only on their U.S. operations. The regulatory environment puts more of a U.S. corporation's assets at risk in the event of an adverse judgement.

"And if that isn't sufficient, there is the threat of cargo-stealing union thugs to make such a venture untenable?"

Not to mention the prospect of union violence against management if the union is sufficiently displeased. That's a real threat if your senior management lives in New York, and much less of a threat if they live in Dubai.

"Seriously, what's to prevent the overhaul of the tax structure and regulatory agencies when it's in the interest and survival of our own capitalistic ventures?"

A gazillion or so entrenched special interest groups that must be defeated in depth and detail.

We didn't get into this mess overnight. We won't get out of this mess overnight. And as long as certain people insist on being ignorant fools and fighting THIS non-fight and ignoring the real fight you just asked about, we aren't going to get out of this mess at all.


314 posted on 02/24/2006 3:49:59 PM PST by BeHoldAPaleHorse (Tagline deleted at request of moderator.)
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To: BeHoldAPaleHorse

#314 is dead eye dead center dead on target. Brilliant, sir. It is totally amazing to me how so many people that benefit from our grreat capitalist system and yet do not recognize the real threats to it.


374 posted on 02/24/2006 5:35:36 PM PST by Sunnyflorida ((Elections Matter)
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