Do You Hear That Sucking Sound? - Page 3

xoxoxoBruce · 10-23-2006, 05:15 AM

BobT, I agree with your assessment of the harm done exporting jobs.
Taxing foreign wages paid would be difficult, though.....just discerning when foreign workers are employed vs product/service bought from a foreign supplier.
If US companies have to pay tax on what foreign workers are paid, what about Walmart? Would they have to pay tax on the wages paid to the workers making the products they import?
I'm afraid your idea would be unworkable as it violates a bunch of treaties they've sold us out with.

BobT · 10-22-2006, 04:23 PM

From just 11 of the 10 to 16 million Mexicans here, that's $3,000 a week or $150,000 a year, that's not being spent in this country...... that's not being invested in this country.
Right up there with walmart for sucking the country dry.

[/quote]

what the mexicans workers in america are sending back is, quite frankly, not a significant amount when you compare it to the outsourcing of enitire factories full of workers to thrid world countries. the jobs outflow is staggering, and is encouraged by current government policy that does not tax the wages paid by american companies overseas. if american companies were forced to pay employment taxes on the wages that they pay to foreign workers and put those taxes into the Social Security fund for the retirement benefits of the american workforce we could make a difference on whether there is money there for your, my and other working americans when we are ready to retire.

this would also change the benefit analysis that american companies have to make when they justify moving a plant overseas. i don't claim that they would not make the same decision, but it would be important to those relocations that are maginal.

Flint · 10-23-2006, 04:28 PM

Quote:

Originally Posted by xoxoxoBruce

...your idea would be unworkable as it violates a bunch of treaties...

Fuck treaties. We don't follow that shit anymore.

xoxoxoBruce · 10-23-2006, 04:56 PM

We do when Bush & Co endorse them because they make his friends richer. :p

10-23-2006, 05:15 AM	#1
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	BobT, I agree with your assessment of the harm done exporting jobs. Taxing foreign wages paid would be difficult, though.....just discerning when foreign workers are employed vs product/service bought from a foreign supplier. If US companies have to pay tax on what foreign workers are paid, what about Walmart? Would they have to pay tax on the wages paid to the workers making the products they import? I'm afraid your idea would be unworkable as it violates a bunch of treaties they've sold us out with. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

10-22-2006, 04:23 PM	#2
BobT we are fuel Join Date: Oct 2006 Location: cape coral, florida Posts: 71	From just 11 of the 10 to 16 million Mexicans here, that's $3,000 a week or $150,000 a year, that's not being spent in this country...... that's not being invested in this country. Right up there with walmart for sucking the country dry.[/quote] what the mexicans workers in america are sending back is, quite frankly, not a significant amount when you compare it to the outsourcing of enitire factories full of workers to thrid world countries. the jobs outflow is staggering, and is encouraged by current government policy that does not tax the wages paid by american companies overseas. if american companies were forced to pay employment taxes on the wages that they pay to foreign workers and put those taxes into the Social Security fund for the retirement benefits of the american workforce we could make a difference on whether there is money there for your, my and other working americans when we are ready to retire. this would also change the benefit analysis that american companies have to make when they justify moving a plant overseas. i don't claim that they would not make the same decision, but it would be important to those relocations that are maginal.

10-23-2006, 04:56 PM	#4
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	We do when Bush & Co endorse them because they make his friends richer. :p __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

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