DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Barack Obama torpedos Bangalore -- again

**radikal** · 05-05-2009, 06:09 PM

The issue isn't about tax credits for shipping jobs out. The issue is shipping jobs and dollars out at the same time they are allowed to take tax credits for the expenses incurred HERE for the overhead of having sent those jobs out. In short, WE are paying to expedite the exportation of our own employment.

I imagine that many multinationals will attempt to circumvent this by spinning off subsidiaries the same way the Germans and Swiss did in WW2.

05-05-2009, 06:09 PM	#3
radikal Join Date Oct 2005 Age 54 Posts 4,523 Senior Member	The issue isn't about tax credits for shipping jobs out. The issue is shipping jobs and dollars out at the same time they are allowed to take tax credits for the expenses incurred HERE for the overhead of having sent those jobs out. In short, WE are paying to expedite the exportation of our own employment. I imagine that many multinationals will attempt to circumvent this by spinning off subsidiaries the same way the Germans and Swiss did in WW2.
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