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To: jec41

So you want to invest in Red China? At times economics should take a back seat to morals, but I guess that doesnt matter to some people.

Anyways, your short sighted views will cost you in your wallet because at the rate things are going, with uncontrolled immigration and job outsourceing, my guess is there is going to be a huge shift in national politics, and you will be hit with higher taxes.


147 posted on 03/25/2006 10:45:38 PM PST by RFT1
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To: RFT1
So you want to invest in Red China? At times economics should take a back seat to morals, but I guess that doesnt matter to some people.

Anyways, your short sighted views will cost you in your wallet because at the rate things are going, with uncontrolled immigration and job outsourceing, my guess is there is going to be a huge shift in national politics, and you will be hit with higher taxes.

Actually not, I have been retired 5 years and went through this same hype when the Japanese started building cars in the US. I won't have to pay taxes on any stocks until I sell them which I probably never will. However the US companies doing business in China are owned by US stockholders and citizens and they reap the profits. Some people just don't like change but you better get use to it, it's coming anyway.

196 posted on 03/26/2006 12:22:29 AM PST by jec41 (Screaming Eagle)
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