TallSilhouette said:
Unemployment's gonna be a bitch but at least costs and outsourcing will drop. |
The economic system will be forced to undergo vast changes, and it will be a painful transitional period, but I think we can make it.
| Mystro-Sama said: Whats the difference if its going to China instead of Mexico? Americans still won't get the jobs right? |
The fun part is, Americans wouldn't even get the jobs if it was built in the US^^
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Teeqoz said:
The economic system will be forced to undergo vast changes, and it will be a painful transitional period, but I think we can make it. |
Fingers crossed. Let's hope sooner rather than later.
| WolfpackN64 said: And this is why states should be able to seize assets of profit-turning companies who decide to relocate overseas. The extra profit through wages in China is going to be small, but every bit of margin for stock holders is welcome it seems. These companies have no morals. |
Morals huh? You're talking about stealing money from companies because they moved jobs to a difference area to lower their costs. The best way that works for everyone is to incentivize companies into moving their jobs to the states.
Aeolus451 said:
Morals huh? You're talking about stealing money from companies because they moved jobs to a difference area to lower their costs. The best way that works for everyone is to incentivize companies into moving their jobs to the states. |
It's not stealing money, it demanding just compensation for leaving many people who created value for the company unemployed. The incentivize system has thouroughly failed. Every state is bidding against each other in lowering business taxes to get big companies to go to their country and it's slowly destroying public funding. You know who usually have to pay for lowered corporate taxes? The regular taxpayers, but usually in thousands of different fees so you don't get the idea you directly pay more taxes. In Belgium, they lowered corporate tax from 33% to 25% (which is still a fair tax), but left myriad of backdoor large companies can exploit, while giving them cuts on social costs (which is very unfair towards smaller business owners). Meanwhile, our VAT is at 21%, 21%!!!! Taxes on electricity and water have gun up substantially.
We need to draw a line. Large companies have to learn to pay their damn taxes and as long as they're profitable, stay put. It's fair towards regular taxpayers and smaller companies who can't use any of the basically state subsidies large companies get.
WolfpackN64 said:
It's not stealing money, it demanding just compensation for leaving many people who created value for the company unemployed. The incentivize system has thouroughly failed. Every state is bidding against each other in lowering business taxes to get big companies to go to their country and it's slowly destroying public funding. You know who usually have to pay for lowered corporate taxes? The regular taxpayers, but usually in thousands of different fees so you don't get the idea you directly pay more taxes. In Belgium, they lowered corporate tax from 33% to 25% (which is still a fair tax), but left myriad of backdoor large companies can exploit, while giving them cuts on social costs (which is very unfair towards smaller business owners). Meanwhile, our VAT is at 21%, 21%!!!! Taxes on electricity and water have gun up substantially. We need to draw a line. Large companies have to learn to pay their damn taxes and as long as they're profitable, stay put. It's fair towards regular taxpayers and smaller companies who can't use any of the basically state subsidies large companies get. |
No, it is stealing because you don't own company nor do they owe you for anything you did in trade for that money. You're not entitled to others' money that you didn't earn. End of story.
Aeolus451 said:
No, it is stealing because you don't own company nor do they owe you for anything you did in trade for that money. You're not entitled to others' money that you didn't earn. End of story. |
Since many companies got state subsidies in some way or another, I'd say most states are entitles to take a piece of the pie as recompensation for both the public good and the workers. How would you keep jobs here without ruining public finances?
| Teeqoz said: Lol, pretty soon, manufacturing jobs won't exist in any country (except for some very few). And I for one welcome our new robot overlords. |
Yep this is going to collasps the world economy.
JRPGfan said:
Yep this is going to collasps the world economy. |
But what's gonna destroy the world first? Work bots for every company or sex bots for every person?
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