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Thread: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by Truth Detector View Post
    It is amusing that you think this is somehow going to return jobs to America. There is only ONE outcome from this kind of desperate grasp for revenues to pay for an unprecedented and almost criminally negligent $1.8 trillion deficit; fewer jobs for everyone, higher taxes for everyone, fewer corporations doing business in America and a flight of capital which is the engine of economic growth.
    Thank you for in depth and thorough explanation of the economic complexities involved.

    It just begs the question... Because?

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by Goobieman View Post
    Lets not forget one of the promary reasons jobs are sent overseas -- labor costs.

    When will The Obama act to make the US labiot market more competitve with those overseas?
    You want factory workers in America to earn less, perhaps equivelent to the pay in BanglaDesh? Is this Republican ideology or just your own bright idea?

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by WillRockwell View Post
    You want factory workers in America to earn less, perhaps equivelent to the pay in BanglaDesh? Is this Republican ideology or just your own bright idea?
    Much to my surprise, you didnt answer my question:
    When will The Obama act to make the US labiot market more competitve with those overseas?

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by Goobieman View Post
    Much to my surprise, you didnt answer my question:
    When will The Obama act to make the US labiot market more competitve with those overseas?
    I cannot answer when, but how, if you so are inclined, is by the old ways of placing tariffs on products made abroad, just as the Chinese and others do to U.S. manufactured goods. By doing so, coupled of course with tax incentives for corporations, you create a level playing field.

    However, seeing as how Chinese wages are increasing 13% annually, it may not take long for the field to level on its own. In India unionization is on the rise, this will lead to higher costs abroad, so altogether the plans will indeed show benefit.

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by tlmorg02 View Post
    I cannot answer when, but how, if you so are inclined, is by the old ways of placing tariffs on products made abroad, just as the Chinese and others do to U.S. manufactured goods. By doing so, coupled of course with tax incentives for corporations, you create a level playing field.
    This sort of thing only creates economic isolation and invites retalliation. This strains relations, which, in the global marketplace, is a bad idea.

    However, seeing as how Chinese wages are increasing 13% annually, it may not take long for the field to level on its own.
    Hmm. The free market that created the outsourcing is the same free market that will correct it.
    Isn't that how the free market is supposed to work?

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by WillRockwell View Post
    You want factory workers in America to earn less, perhaps equivelent to the pay in BanglaDesh? Is this Republican ideology or just your own bright idea?
    PROVE to me that lower wages in Bangladesh aren't the result of lower productivity. Because, if is almost always the case, lower productivity means lower payment, then companies aren't getting anything from evil "cheap labor". Maybe the gigantic taxes imposed on them in the U.S. and the regulations imposed by the government and labor unions there incite companies to leave instead?

    Quote Originally Posted by tlmorg02 View Post
    I cannot answer when, but how, if you so are inclined, is by the old ways of placing tariffs on products made abroad, just as the Chinese and others do to U.S. manufactured goods. By doing so, coupled of course with tax incentives for corporations, you create a level playing field.

    However, seeing as how Chinese wages are increasing 13% annually, it may not take long for the field to level on its own. In India unionization is on the rise, this will lead to higher costs abroad, so altogether the plans will indeed show benefit.
    Tariffs do absolutely nothing except make everyone pay higher prices than necessary. Why do you seem so happy that people are paying higher prices for things as India gets unionized?

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by Dav View Post
    PROVE to me that lower wages in Bangladesh aren't the result of lower productivity. Because, if is almost always the case, lower productivity means lower payment, then companies aren't getting anything from evil "cheap labor". Maybe the gigantic taxes imposed on them in the U.S. and the regulations imposed by the government and labor unions there incite companies to leave instead?



    Tariffs do absolutely nothing except make everyone pay higher prices than necessary. Why do you seem so happy that people are paying higher prices for things as India gets unionized?
    It is not about paying higher prices, it is about the exploitation of cheap labor. You seem to think companies are paying the same, yet profits show things differently. If you wish for the low prices to remain, then the workforce at home must find something new to do. How do you retrain the entire workforce, or allow them to retrain themselves, when they have no jobs to afford the ever-rising cost of higher-education. And tariffs do work, they work to give advantage to the home team, not a foreign economy.

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by WillRockwell View Post
    http://www.nytimes.com/2009/05/06/bu...06tax.html?hpw

    Let's see how the Right will spin this....higher taxes? socialism? Obama is making a concrete step to return jobs to America, and I can't wait to read why the Right is against it.
    Can the Left be against this stupid policy too?

    Altering the tax code in a misguided attempt to keep jobs in this country is foolish. Outsourcing jobs makes American companies more profitable and helps them reduce the price of their goods/services to their consumers. The likely outcome of this policy is that more companies will incorporate outside of the United States, with very little impact on how many workers they hire in the United States versus elsewhere.

    What makes Americans entitled to those jobs anyway?
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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by WillRockwell View Post
    http://www.nytimes.com/2009/05/06/bu...06tax.html?hpw

    Let's see how the Right will spin this....higher taxes? socialism? Obama is making a concrete step to return jobs to America, and I can't wait to read why the Right is against it.
    Obama is curtailing freedom.

    'nuff said.

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    Re: Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry

    Quote Originally Posted by Scarecrow Akhbar View Post
    Obama is curtailing freedom.

    'nuff said.
    Honestly, global free trade is on the list of things that must be accomplished, according to Marx and Engels, before communism can arise. It lowers wages, knocks down borders, and expands the "laboring" class. So really, Obama is fighting communism.

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