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

Did he say this was going to increase jobs?

I think that's the clear implication when he talks about companies who create jobs in Bangalore rather than Buffalo. However, this plan will not create jobs in either.

akyron said:
I dont see that outcome from this plan. It appears to me to be more about seeking increased revenues. After the first quarters pointless binge spending spree we will be in dire need of revenues.

If that's the case, there are better places to increase taxation than the corporate tax. The income tax and gasoline tax come to mind. However, if we must have a corporate tax at all, it should be applied across the board, rather than punishing certain companies for doing what is profitable.
 
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Man, you need to inform yourself before making off the wall emotional claims.

The cost of living in these places is way different than in the U.S. that and would you rather work for $4 day and eat or not work and not eat.

Another thing you can do instead of working for $4 a day is rummage through garbage and hope to get enough from scrap to feed yourself.
Lets hope you don't get a cut with an infection.

You forgot the option of calling daddy Obama and him making your neighbor pay for you to take your family to
images


wheeee!!!

http://ace.mu.nu/archives/WEnotrich1.wav

[ame="http://www.youtube.com/watch?v=P36x8rTb3jI"]YouTube - Obama Is Going To Pay For My Gas And Mortgage!!![/ame]
 
I think that's the clear implication when he talks about companies who create jobs in Bangalore rather than Buffalo. However, this plan will not create jobs in either.
.

I believe you are exactly correct. This is merely more presidential theatre.

To quote the bard
A tale told by an idiot, full of sound and fury, signifying nothing


I vote campaign contributions should be taxed fully and considered income..
 
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The right is against it because it means they will have to pay Americans a living wage for those jobs. They don't want to do that when they can pay Hajeet in Bangalore $1.75 per week for the same work.

In a word, they are greedy and don't want to share.

They get ZERO sympathy. I say make the ****ers pay Americans to do those jobs.

Lets fix our economy before we subsidize the economies of other countries.

Unfortunately, a "living wage" (which is a VERY debatable term) does not correspond to the amount of labor that current America wishes to put forth. If we really did pay a "living wage" as you call it for everything made in America then you would see prices on everything quadruple overnight.

American "greed" extends beyond the white collar CEO's way into the greedy blue collars who expect money and benefits far in excess of what they produce.

Meanwhile the guy in Pakistan who used to be able to pay his family on a quarter of what an American made is now considering "freedom fighting" for fun and profit. :rofl


But here's the truth. This "outsourcing" stuff is a witchhunt. Most labor jobs are slowly replaced by automation which has put more people out of work than any outsourcing ever has. Outsourcing itself is often confused with "offshoring" instead of the proper term "consolidation". Closing a plant and consolidating work to a larger plant is common during economic hard times. My brother is currently facing that as they are considering layoffs once again at the Reynolds Metals aluminum bauxite plant where he works. No, its the easy offshoring of IT related jobs that everyone points to these days. But then a computer program doesn't speak to you with an accent. Unless.....all your bases, are belong to us!
 
yeah, whatever.

Obama is a socialist and if he thought he wasn't promoting socialism, he wouldn't be doing it.

The reality is that free men don't need permission from their government to business with other free men.

The reality is that using the tax code to punish behavior, as people on this thread propose, is the most certain way of forcing whole businesses off shore.

Then what?

Since when are the Chinese people free?
 
People blame domestic U.S. regulations for 'forcing' companies to go overseas, but the main reason they do so is cheap labour. Are we now suggesting that U.S. labour laws, a staple of Western democracy, are a hinderance? The hinderance is globalization which allows company's to bypass their domestic responsibilities and take their stake elsewhere. Labour works on the supply/demand curve just like commodities, and companies will go where the price is lowest to suit their bottom line.

Just like domestic consumers will pay $100 for the foreign made t.v., companies will pay less for the foreign labour. They don't have the patriotic buy-American values that Obama thinks Americans should have. They are businesses with a status quo.

To me the taxation policy is the government trying to have its cake and eat it too. They can't outsource, and if they remain domestic they will lose profit. It's lose-lose. Even though his idea is to protect American economy, it's going to prevent newcomers from wanting to develop their businesses in it.
 
Makes perfect sense to me.

Damaging the American economy to make a profit makes perfect sense to greedy corporate scumbags and their supporters.

Nope. "Greed" is the desire for unearned wealth, like a socialist. A capitalist seeking the best labor environment for his endeavors is being fiscally prudent. Do you shop for clothes and food at the most expensive markets in town? No? You must be greedy and unwilling to share, by your definition.

WRONG. That is far right wing, big business sellout/stooge, republican rhetoric.

Quit making excuses for the damage big business has done to the American economy.

Why should they?

Because they are responsible for ****ing up the economy so they can get larger bonuses and better perks. This is UNACCEPTABLE.

Yes, let's do it your way. That'll fix the economy but good!

Indeed. Americans will be put to work --- unemployment WILL GO DOWN ... even if big business does not like the cost!

Please spare us your pro-business anti-American rhetoric.

You should be ashamed of yourself.

People like you are responsible for aiding in the destruction of the American economy.

Shame on you and those you support.

I hope you lose your job and get forced to live in the ****hole economy you helped create.
 
People blame domestic U.S. regulations for 'forcing' companies to go overseas, but the main reason they do so is cheap labour. Are we now suggesting that U.S. labour laws, a staple of Western democracy, are a hinderance? The hinderance is globalization which allows company's to bypass their domestic responsibilities and take their stake elsewhere. Labour works on the supply/demand curve just like commodities, and companies will go where the price is lowest to suit their bottom line.

Just like domestic consumers will pay $100 for the foreign made t.v., companies will pay less for the foreign labour. They don't have the patriotic buy-American values that Obama thinks Americans should have. They are businesses with a status quo.

To me the taxation policy is the government trying to have its cake and eat it too. They can't outsource, and if they remain domestic they will lose profit. It's lose-lose. Even though his idea is to protect American economy, it's going to prevent newcomers from wanting to develop their businesses in it.


You know what? Until the damage THOSE COMPANIES DID TO THE ECONOMY IS REPAIRED --- **** THEIR PROFITS.

They can pay the price for repairing damage they are responsible for causing.
 
You know what? Until the damage THOSE COMPANIES DID TO THE ECONOMY IS REPAIRED --- **** THEIR PROFITS.

They can pay the price for repairing damage they are responsible for causing.

Econ101 FAIL

A company cannot damage an economy. It can damage itself, and if it's really big the economy might have some temporary problems as it adjusts. But it cannot consciously harm an economy and has no incentive to anyways.

So by that logic, big companies that fail are evil. We must punish them by... rewarding them and keeping them afloat.

Your irrational hatred of corporatism is, however, noted.
 
Unfortunately, a "living wage" (which is a VERY debatable term) does not correspond to the amount of labor that current America wishes to put forth. If we really did pay a "living wage" as you call it for everything made in America then you would see prices on everything quadruple overnight.

American "greed" extends beyond the white collar CEO's way into the greedy blue collars who expect money and benefits far in excess of what they produce.

Meanwhile the guy in Pakistan who used to be able to pay his family on a quarter of what an American made is now considering "freedom fighting" for fun and profit. :rofl


But here's the truth. This "outsourcing" stuff is a witchhunt. Most labor jobs are slowly replaced by automation which has put more people out of work than any outsourcing ever has. Outsourcing itself is often confused with "offshoring" instead of the proper term "consolidation". Closing a plant and consolidating work to a larger plant is common during economic hard times. My brother is currently facing that as they are considering layoffs once again at the Reynolds Metals aluminum bauxite plant where he works. No, its the easy offshoring of IT related jobs that everyone points to these days. But then a computer program doesn't speak to you with an accent. Unless.....all your bases, are belong to us!


Yep more pro-business bull****.

Computer tech support jobs WILL NOT be replaced by automation. Those jobs belong in the United States.... not in bum **** India or the slums of Manilla.

Quit screaming witchunt because you and your greedy buddies don't like losing profits so that Americans have jobs.

Your buddies are responsible for the economy being what it is. They created this issue with their greed-based outsourcing.

There are THOUSANDS OF JOBS that should never have been outsourced. People like you and the big executive scumbags who are flying around in corporate jets are responsible for the economy being in shambles.

Pardon me for not giving a flying **** if some fat cat CEO **** tool and his stooges do not get a bonus.

**** THEM.

The American people come first. Big business can stop ruining the economy with their greed.

If fixing the economy means a bunch of overpaid CEO ****bags lose profits and or a bonus, TOO ****ING BAD.

They made their bad and they can ****ing sleep in it.

You should focus on being an American and give up being a big business stooge.
 
Econ101 FAIL

A company cannot damage an economy. It can damage itself, and if it's really big the economy might have some temporary problems as it adjusts. But it cannot consciously harm an economy and has no incentive to anyways.

So by that logic, big companies that fail are evil. We must punish them by... rewarding them and keeping them afloat.

Your irrational hatred of corporatism is, however, noted.

1. WRONG. When companies outsource and send jobs to other countries ... Americans become unemployed. Unemployment damages the economy. Now ... think larger ... think of what happens when ALL COMPANIES DO THIS WITHOUT BEING CHECKED!!!!!

2. Big companies are by definition ... dishonest and not worthy of being helped. I DO NOT support corporate welfare. That is a bull**** Republican scam used to make taxpayers pay for the greed and stupidity of corrupt corporations.

3. There is NOTHING irrational in my complete and total loathing of big business. Given that I am living in a horrible economy and cannot make a decent wage because some scumbag CEO outsourced my job --- I have ABSOLUTELY NO REASON TO DISLIKE CORPORATIONS.

4. Stop supporting corporate tyranny.
 
Yep more pro-business bull****.

People liking things that produce jobs and goods/services? Bah!

Computer tech support jobs WILL NOT be replaced by automation. Those jobs belong in the United States.... not in bum **** India or the slums of Manilla.

Wow, now we're almost getting racist!

Quit screaming witchunt because you and your greedy buddies don't like losing profits so that Americans have jobs.

But wanting to punish companies is not a witchhunt at all!

Your buddies are responsible for the economy being what it is. They created this issue with their greed-based outsourcing.

Those greedy people actually want to make money! There cannot possibly be any positive outcome for everyone else for that.

There are THOUSANDS OF JOBS that should never have been outsourced. People like you and the big executive scumbags who are flying around in corporate jets are responsible for the economy being in shambles.

When things cost less, the economy is is shambles. It's basic economics!

Pardon me for not giving a flying **** if some fat cat CEO **** tool and his stooges do not get a bonus.

**** THEM.

But I'm sure that your opinion is completely based on economic fact and not a jealous hatred of rich people!

The American people come first. Big business can stop ruining the economy with their greed.

My, you certainly dislike greed. You must be really hard-working and low-paid, because if you make any more money than you need you're being greedy!

If fixing the economy means a bunch of overpaid CEO ****bags lose profits and or a bonus, TOO ****ING BAD.

Losing profits=fixing economy? Strange definition of "fix"!

They made their bad and they can ****ing sleep in it.

Yes, how dare they hire willing people and sell products to willing consumers!

You should focus on being an American and give up being a big business stooge.

Because in America, we don't like people who make money! It is completely contrary to the American Dream of being successful!
 
1. WRONG. When companies outsource and send jobs to other countries ... Americans become unemployed. Unemployment damages the economy. Now ... think larger ... think of what happens when ALL COMPANIES DO THIS WITHOUT BEING CHECKED!!!!!

Here's what happens:
1. Things cost less
2. Everyone gets richer (see #1)
3. In the long run, those jobs are replaced

2. Big companies are by definition ... dishonest and not worthy of being helped. I DO NOT support corporate welfare. That is a bull**** Republican scam used to make taxpayers pay for the greed and stupidity of corrupt corporations.

I do not support corporate welfare either. Finally we can agree on something....

3. There is NOTHING irrational in my complete and total loathing of big business. Given that I am living in a horrible economy and cannot make a decent wage because some scumbag CEO outsourced my job --- I have ABSOLUTELY NO REASON TO DISLIKE CORPORATIONS.

The "irrational" part is equating "big business" to "bad economy".
Tell me, what is it about a job that makes it "belong" to Americans? What right do they have over everyone else in the world that means all jobs their companies have must be filled by them?

4. Stop supporting corporate tyranny.

Let's support government tyranny of corporations instead, it's much better!
 
If fixing the economy means a bunch of overpaid CEO ****bags lose profits and or a bonus, TOO ****ING BAD.

You should focus on being an American and give up being a big business stooge.

If businesses don't make profits then businesses close down. Businesses don't exist to lose money. This is grade school economics. Our railroads helped along by paying chinese "coolies" pennies on the dollar. Our industry was helped along by paying Irish, Polish, and Mexican's to pluck chickens, spin wool, make steel, and build buildings for pennies on the dollar. This is nothing new nothing new to us.

But competing on a global scale is a new concept that requires us to leave behind the old principles of manufacture and profit. Labor needs to be buried and left to die. As an American, I can find no justification to pay another American $18.50 per hour (starting pay btw) and full health benefits to sit in an air conditioned room and paint the same 3 panels with sealant over and over again on a crappy car that I'm not going to buy.
 
People liking things that produce jobs and goods/services? Bah!

When it damages the economy it needs to be stopped.

But wanting to punish companies is not a witchhunt at all!

Only those huge multinational companies that have ravaged the American economy with their greed and outsourcing.

Those greedy people actually want to make money! There cannot possibly be any positive outcome for everyone else for that.

Too bad. Their greed ends when it begins damaging the country. Don't like it? TOO BAD!

When things cost less, the economy is is shambles. It's basic economics!

More repubi-servant rhetoric.


But I'm sure that your opinion is completely based on economic fact and not a jealous hatred of rich people!

More republi-servant rhetoric.

My, you certainly dislike greed. You must be really hard-working and low-paid, because if you make any more money than you need you're being greedy!

1. It's MADE not MAKE .... (English 101 will help you)
2. You're damn right I hate greed!
3. Your corporate masters are responsible for the economy being the way it is.
4. You should stop being a republi-servant.

Losing profits=fixing economy? Strange definition of "fix"!

When it involves forcing corrupt corporate assbags to return jobs to this country EVEN WHEN THAT COSTS THEM MORE MONEY ..... YES, IT DOES FIX THE ECONOMY.

Yes, how dare they hire willing people and sell products to willing consumers!

Yet more republi-servantism.

Those tech jobs belong in this country. Americans deserve those jobs before Indians or Filipinos.

Don't like it? TOO BAD!

Because in America, we don't like people who make money! It is completely contrary to the American Dream of being successful!
[/quote]

When those people's greed begins to effect the economy they must be stopped.

So please ... spare me your pro-business sellout rhetoric.

You support the destruction of the American economy in the name of corporate profits. That makes you a traitor.

You are no better than those who caused this country's economy to go down the toilet.
 
If businesses don't make profits then businesses close down. Businesses don't exist to lose money. This is grade school economics. Our railroads helped along by paying chinese "coolies" pennies on the dollar. Our industry was helped along by paying Irish, Polish, and Mexican's to pluck chickens, spin wool, make steel, and build buildings for pennies on the dollar. This is nothing new nothing new to us.

But competing on a global scale is a new concept that requires us to leave behind the old principles of manufacture and profit. Labor needs to be buried and left to die. As an American, I can find no justification to pay another American $18.50 per hour (starting pay btw) and full health benefits to sit in an air conditioned room and paint the same 3 panels with sealant over and over again on a crappy car that I'm not going to buy.

Spare me your pro-business sellout speech.

Those business caused the economy to crumble with their outsourcing. Now they can pay to fix it.

If they don't like it, TOO DAMN BAD.
 
Here's what happens:
1. Things cost less
2. Everyone gets richer (see #1)
3. In the long run, those jobs are replaced

This is nothing but bull**** republican rhetoric.

You don't see corporate CEOs losing their livelyhood to save the company money do you?

Guess what?

Cutting just the CEO's salary and perks would fund the entire company for a finite period of time.

Spare me your anti-American rhetoric.

I do not support corporate welfare either. Finally we can agree on something....

Indeed.

The "irrational" part is equating "big business" to "bad economy".
Tell me, what is it about a job that makes it "belong" to Americans? What right do they have over everyone else in the world that means all jobs their companies have must be filled by them?

The point you seem to be missing is that big business is responsible for the economy being where it is.

Big business greed led to outsourcing.

Outsourcing led to Americans losing their jobs.

Americans without jobs CANNOT BUY PRODUCTS FROM STORES!!!!

The result is a damaged economy that can only be mended by forcing greedy scumsucking CEO ********ers to bring jobs back to this country.

If jobs come back to America, AMERICANS WILL HAVE JOBS!!!!! THIS MEANS ... AMERICANS WILL HAVE MONEY .... WHICH MEANS THE ECONOMY WILL GET BETTER.

Let's support government tyranny of corporations instead, it's much better!

That is nothing but big business whining. They caused this mess and now they can LIVE WITH THE COST OF FIXING IT.

Besides ... I didn't hear you Repuplinazis complaining about government tyranny while Bushwhacker and Shotgun Dickey were allowing you to sodomize the working class at the cost of the economy and the value of the American dollar.

Now the shoe is on the other foot and YOU HAVE NO RIGHT TO WHINE ABOUT IT.
 
It's perfectly patriotic to support the freedom of the people who own businesses to make their own decisions about what is best for their companies.

It is completely anti-American to allow companies to outsource in the first place. Outsourcing ensures that we will be a nation that doesn't make anything even our own weapons and will be at the mercy of other countries.


It's completely un-American to insist those businessmen must be forced to stay on the oppressive business environment of the United States.

What oppressive rules and regulations are these?

Why are companies outsourcing?
Cheaper wages and lower tariffs. It boils down to wanting cheaper wages. Orius stated it well-

"Originally Posted by Orius View Post
People blame domestic U.S. regulations for 'forcing' companies to go overseas, but the main reason they do so is cheap labour. Are we now suggesting that U.S. labour laws, a staple of Western democracy, are a hinderance? The hinderance is globalization which allows company's to bypass their domestic responsibilities and take their stake elsewhere. Labour works on the supply/demand curve just like commodities, and companies will go where the price is lowest to suit their bottom line.

Just like domestic consumers will pay $100 for the foreign made t.v., companies will pay less for the foreign labour.
"

Wage expenses, overhead expenses, benefit expenses, taxes, and regulations.

Any documentation to show the difference between the overhead and taxes between here and India or here and China? What so-called oppressive regulations are there that somehow kept companies from surviving before outsourcing? IS there any documentation to show that these companies were doing miserable before companies started outsourcing?


Want those companies to do business in the US? Rectify their problems, don't stick a gun in their face and say "or else".

The solution is to get out of world trade,companies seemed to be doing just fine before WTO.
 
It is completely anti-American to allow companies to outsource in the first place. Outsourcing ensures that we will be a nation that doesn't make anything even our own weapons and will be at the mercy of other countries.

I wouldn't go so far as to say they are un-American, however, I don't think they should benefit from it by tax breaks and other corporate benefits for from the U.S. government if they do it.

I hate outsourcing with a passion, but I don't think it is un-American, I think it is capitalistic and selfish.
 
Those business caused the economy to crumble with their outsourcing. Now they can pay to fix it.

Proof?

Economy crumbling had nothing to do with outsourcing or offshoring. In fact you can look at those nice car companies as a prime example of FAIL while doing it your way.

If a business can't cut costs then the business dies...and takes everyone with them.
 
Yep more pro-business bull****.
Computer tech support jobs WILL NOT be replaced by automation. Those jobs belong in the United States.... not in bum **** India or the slums of Manilla.
Then, computer tech support people in the US need to be willing to work for less $ in order to compete with the people in Manilia or India.
 
1. WRONG. When companies outsource and send jobs to other countries ... Americans become unemployed. Unemployment damages the economy. Now ... think larger ... think of what happens when ALL COMPANIES DO THIS WITHOUT BEING CHECKED!!!!!

Well, that's pretty narrow-minded.

When a company sources it's labor expense outside, it decreases it's operating costs, which either improves the profitability of the company (often making it possible to remain in business), which translates to either higher dividends to share-holders, who...go out and either spend the money in the local economy or re-invest in other companies, or the money is re-invested into the company, again improving it's standing in the market and possibly the development of new endeavors that grow the company further.

On the other side, the company is typically charging less to remain competitive with others in the market, and when companies are competing for market share by pulling down prices, the consumer benefits because the dollars they're not spending that service can be either invested or spent as the consumer sees fit.

The only people not benefitted by outsourcing are the overpriced employees who made outsourcing an economic interest in the first place.


2. Big companies are by definition ... dishonest and not worthy of being helped. I DO NOT support corporate welfare. That is a bull**** Republican scam used to make taxpayers pay for the greed and stupidity of corrupt corporations.

Right. Absolutely no tax dollars are spent on corporate welfare when Democrats control either the White House or the Congress.

3. There is NOTHING irrational in my complete and total loathing of big business.

Absolutely not. You're a paragon of reason and clarity.

Given that I am living in a horrible economy and cannot make a decent wage because some scumbag CEO outsourced my job --- I have ABSOLUTELY NO REASON TO DISLIKE CORPORATIONS.

Or...maybe you made a bad career choice.

I joined the Navy to learn how to run a nuclear reactor, a fine career choice, then that Hanoi Jane broad decided to declare war on the United States and attacked our nuclear power industry with an ignorant propaganda screed, and the media fed that paranoia with inflated angst over a minor accident in Pennsylvania that injured no one.

So guess what?

Pick another damn career and quit whining. No one cares.
 
It is completely anti-American to allow companies to outsource in the first place. Outsourcing ensures that we will be a nation that doesn't make anything even our own weapons and will be at the mercy of other countries.

Whatever. Americans have the right to OWN property. If they're not allowed to make decisions regarding it's use, they don't "own" it. It's perfectly American to allow people to make their own business choices.

It's perfectly un-American to deny them that freedom.

What oppressive rules and regulations are these?

How about starting with the ones you want imposed preventing outsourcing?

Then we can move on to silly regulations and taxes. There's plenty.

Cheaper wages and lower tariffs. It boils down to wanting cheaper wages. Orius stated it well-

"Originally Posted by Orius View Post
People blame domestic U.S. regulations for 'forcing' companies to go overseas, but the main reason they do so is cheap labour. Are we now suggesting that U.S. labour laws, a staple of Western democracy, are a hinderance? The hinderance is globalization which allows company's to bypass their domestic responsibilities and take their stake elsewhere. Labour works on the supply/demand curve just like commodities, and companies will go where the price is lowest to suit their bottom line.


Yes. US labor laws are a hindrance.

The Messiah signed into law a silly bill guaranteeing "equal pay for equal work", as if, first off, the agreements between an employer and employee aren't their private business, and secondly, as if there's been a vast conspiracy in corporate America to pay men more money because they have one swinging body part, not two.

Labor works on the supply demand curve when employers are allowed to have equal say in that curve. Employers are not allowed to permanently replace workers who refuse to work, aka strikers, for example.

Any documentation to show the difference between the overhead and taxes between here and India or here and China?

No. Clearly it's twice as expensive to run manufacturing enterprises and telephone service-related functions in China and India, that's why business outsource to those places.

The solution is to get out of world trade,companies seemed to be doing just fine before WTO.

You are aware that turtles are ecologically successfull animals only in extremely narrow niches, right?
 
I wouldn't go so far as to say they are un-American, however, I don't think they should benefit from it by tax breaks and other corporate benefits for from the U.S. government if they do it.

I hate outsourcing with a passion, but I don't think it is un-American, I think it is capitalistic and selfish.

Nothing wrong with either capitalism or selfishness.

Both are quintessentially American, in fact, and how this nation became great.
 
Then, computer tech support people in the US need to be willing to work for less $ in order to compete with the people in Manilia or India.

Or...and this is something some of my computer science friends had to learn IN COLLEGE twenty years ago, is that they didn't p ick the best major and they need to consider an alternate career choice, like electrical engineering or carpentry.

Gotta say, ya can't outsource good carpentry.
 
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