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Pages: Senate Passes bill... [1]
Author Topic: Senate Passes bill...
Madalyn

Sexy
Posts: 1

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2010-09-21 15-47-21

Senate Passes bill... snip from bill... " The measure would renew a series of tax breaks for businesses and individuals that expired Dec. 31, including a research credit backed in the past by Microsoft Corp., Amgen Inc. and Boeing Co. It would renew a break that allows companies like General Electric Co. to defer U.S. taxes on profits from financing sales of equipment in overseas markets. " Excuse me people in Congress, but this is giving these companies more profits and financing for the operations in other countries and *not* hiring in the U.S.! So, this is a bill to solve the jobless problem in the U.S.? It does the opposite. Offshore operations is a bad for the people in the U.S., not good. So, it needs to be taxed more, more regulations, and those have to be enforced. Make it not so weak the company just will ignore the tax and regulations.
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hafidh

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Posts: 1

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2010-09-21 17-05-38

Jobs Are Being Created OVERSEAS That is the problem. Until things get "bad enough", like China refusing to lend the USA any more money, I don't think things are going to change. At least not under the Messiah's (President Barack Obama) leadership. They need to pass laws that require companies to "keep" jobs in the USA. If companies don't like that, they can move somewhere else and just "forget" about doing business in the USA. A good example is Accenture. They are the re-named "corporate crook" that used to be Anderson Consulting. Now based in the Bahamas and milking USA companies to death. Yet, they pay NO taxes because they are not based in the USA! Right now, the government allows some very stupid business arrangements. I think that Accenture is more of a "corporate crook" than Anderson Consulting. It should be obvious that changes are needed.
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