Question : Will increases in taxes to big business drive big business out of the US to tax sheltered places?
It looks like places in the world like Dubai have been prepping for this. Are International businesses that got their starts in the US going to abandon this country because they feel they can extract bigger profits from foreign favorable tax sheltered residencies?
- asked by skahhh
All Answers:
Answer #1
Yes, it is the beginning of the end for America.
- answered by rschroth
Answer #2
Kind of doubt it .Most of all the production isgone already just look at where most of the partsfor a Harley comes from Vietnam or - In do nee sa.All this country wants to have to do is sitbehind a computer working out of home or in a 80story office building .
- answered by She It I do
Answer #3
Increased taxes are a business expense.Companieswill either pass the expense on to consumers asincreased prices or fees.If they cannot pass theexpenses on they will find a way to lowercosts,either by layoffs or relocation.It is simpleeconomics that the democrats do not understand.
- answered by Tom S
Answer #4
WIth the US having a corporate taxx rate that is10-20 percent higher than other countries.. isthere any reason for them to stay in the USA?
- answered by Buddy
Answer #5
Yes it will be and anyone that thinks it won'twill find out when they lose their job...when willpeople learn it's big business that hires people,it's a "no brainer".
- answered by William S
Answer #6
Thats true.
- answered by yogiraj
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