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MrBaggins
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are you hard of reading, Ned?
Taxes are an internal matter, thus aren't subject to WTO rules, and can encourage companies to have different practices... while not preventing their doing business with the government.
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MrBaggins
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quote:
Originally posted by Ned
Renegotiate NAFTA and WTO? To eliminate the very reason for their existence? Who would go along with that where in effect trade was "free" only for the US.
No one.
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Except the world still wants to trade with the US...
If its become inherently unfair, and disadvantageous to the US, and the US retains a certain degree of power, then it should consider renegotiation.
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As to taxes, these would be no different in effect than tarriffs. You would be taxing foreign trade. That is a tarriff. |
A "tarriff" that couldn't be deemed illegal by the EU, or any other nation, however... and there is the critical difference.
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MrBaggins
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quote:
Originally posted by Ned
Mr.Baggins, I will give you a chance to explain yourself. Tell me what you had in mind. |
Essentially taxing corportations that internationally outsource... with exceptions. Make outsourcing to India cost more... for example.
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gunkulator
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quote:
Originally posted by Imran Siddiqui
Outsourcing is a big deal because some rich white coller stiffs got their jobs sent away. The muffled roar will soon pass away slowly into the night. Skilled worker industries still go to the countries with higher productivity, and that would be where we come in. |
Productivity is only half of the equation. Cost is the other half. As I once heard it described: "They're 1/8 the cost and we're not 8 times as good".
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Instead of raising tariff borders (which in the end hurt us), we should be trying to get our youth more educuted in math and science. |
To do what? In the end we are just plain too expensive for TPTB to even bother with us. It's one thing when a manufacturing job that takes a few days to learn gets shipped overseas. It's quite another thing when someone with a 4-year degree and massive college debt can't find a job in his field of training.
A capitalist is quick to blame the individual but really, what crystal ball can you look in nowadays and see the future job market? Will we still need engineers, accountants, graphic artists or financial analysists four years from now, or will all those firms have packed up and left by then? All the best education is the world means nothing when there's no work so education alone is not the answer. To compete with India and China, we need to race to the bottom, give up our standard of living and revert to living in a polluted environment and subsistant poverty. Hooray for pure capitalism!
An interesting site re this: http://www.yourjobisgoingtoindia.com/
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MrBaggins
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quote:
Originally posted by Kropotkin
Hold your horses! Didn't the WTO give the EU right to raise penalty tarriffs against the US because certain tax-cuts for companies like Microsoft and Boeing was seen as unfair subsidies a few weeks ago? Or did I missunderstand something? |
"Service" trade is under discussion by, but not covered by the WTO... thus they can't rule on taxes in pure employment based instances.
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MrBaggins
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quote:
Originally posted by gjramsey
Mr. Baggins, what would you do for large corporations that have offices in many countries that just move the jobs to places like India? It is not necessarily out-sourcing now, it is more off-shoring, but the end result is still lost jobs in the US. Many major corporations are doing this now-a-days, including some of your mentioned software companies. |
Make those jobs... in certain designated countries...more costly, through taxation.
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yavoon
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quote:
Originally posted by Imran Siddiqui
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the US needs to do some things that are going to be labelled protectionist in order to right the hideous trade imbalance in general. |
Which are then going to subject to retalitory tariffs from the EU, and perhaps resulting in a trade war, which is good for NO ONE!
Outsourcing is a big deal because some rich white coller stiffs got their jobs sent away. The muffled roar will soon pass away slowly into the night. Skilled worker industries still go to the countries with higher productivity, and that would be where we come in. Hell, though, some Indians are really productive in engineering. Instead of raising tariff borders (which in the end hurt us), we should be trying to get our youth more educuted in math and science.
The reason outsourcing is going on is because, frankly, our kids aren't getting educated well enough. Something happens between elementary school and the end of high school, where our students are horrible in the maths and sciences. THAT is the problem. |
complete crap. outsourcing is a result of wage differential. not some enormous educational gap.
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gunkulator
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So where are the future jobs? According to
http://www.msnbc.msn.com/id/4499315/, the job markets experiencing growth are (job, projected growth, % growth, median income):
Registered nurses 623,000 27% $48,090
Postsecondary teachers 603,000 38% $49,040
Retail sales 596,000 15% $17,700
Customer service 460,000 24% $26,240
Food prep 454,000 24% $16,328
Cashiers 454,000 13% $15,413
Janitors 414,000 18% $18,250
General managers 376,000 18% $68,210
Wait staff 367,000 18% $14,144
Nursing aides 343,000 25% $19,947
Moral of the story: If you want a job in this new global economy, quit school - it's no longer worth it.
edit: screwed up the url tags
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Whoha
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The TOC is supposed to be classified guys...
Dec 2001
time: 23:34
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quote:
Originally posted by Imran Siddiqui
quote:
the US needs to do some things that are going to be labelled protectionist in order to right the hideous trade imbalance in general. |
Which are then going to subject to retalitory tariffs from the EU, and perhaps resulting in a trade war, which is good for NO ONE!
Outsourcing is a big deal because some rich white coller stiffs got their jobs sent away. The muffled roar will soon pass away slowly into the night. Skilled worker industries still go to the countries with higher productivity, and that would be where we come in. Hell, though, some Indians are really productive in engineering. Instead of raising tariff borders (which in the end hurt us), we should be trying to get our youth more educuted in math and science.
The reason outsourcing is going on is because, frankly, our kids aren't getting educated well enough. Something happens between elementary school and the end of high school, where our students are horrible in the maths and sciences. THAT is the problem. |
ono, they might slap even more penalty tariffs/non-tariff barriers/investigations then they already have placed on us which are resulting in a 600 BILLION dollar trade deficit. The reason outsourcing/offshoring is going on is that these countries are running mercantilist economies and they say build it here or don't sell it here(meanwhile they can ship it to the US no problem). Not this bogus "our kids aren't smart enough/we don't want to do some jobs" crap(I guess the millions of tech workers here in the US that were laid off and were apparently smart enough to do the job between 93 and 2000 got dumb all of the sudden or something). We can NOT sustain the trade deficit, something has to give, the economy(which it looks like is the case considering the debt/fall of the dollar to date), or the one way trade deals.
I like how you bring Europe into this, considering that they just levied tariffs on us for our own tax code. I especially like it that you use the few trade agreements we have that aren't total ****jobs to justify all the other ones which are.
We are going to have to go to say... China(130 BILLION dollar trade deficit this year) and threaten to close our doors unless they start buying from us. Unless you think that they will start buying from us out of the goodness of their hearts.
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MrBaggins
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quote:
Originally posted by Kropotkin
Not if the the education would increase the productivity of the workforce. If the superiority in productivity is as lage (or larger) than the wage differential, there's hardly any reason to outsource. From the employers point of view it's not the wage of the individual worker that matters so much as how much profit he can gain from each monetary unit paid on wages. |
The US could never compete with, say, Indian wages, because the basic cost of living is much... much lower there (as are general standards of living.)
To compete, our general standard of living would have to take a significant nose dive.
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Az
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MACEDONIA - It's the name of the sovereign country to the north of Greece
Apr 2000
time: 07:34
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quote:
You care about, however, your situation in Izrael. What you'd like to achieve isn't the same thing as what works for the US public.
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That's your opinion. I think that the problems in Israel and in the US are similar in the case of outsourcing.
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Why should we (as in the US) care if workers in new countries get jobs (that were ours,) or if we don't distribute wealth to other countries?
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You still get cheaper goods, thus increasing your lifestyle.
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It seems to me abundantly clear that you're of the opinion that the world deserves to leech off the US.
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What's the leeching? If you don't want, don't buy their products. All I am saying that they deserve to make a living in dignity.
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The world will be much better off with a stronger US, trading with its natural trading partners, rather than leaking service industry jobs to third world nations. |
So "free trade" is just a slogan to open markets to US products and not vice versa. Gee, that's like classic imperialism.
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How do you do that? How do you tell a country like India that it has to pay workers 100 times more than they do now and on top of that invest billions upon billions in environmental equipment that it does not have and cannot expect to have in 100 years?
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I don't tell that to a country like India, I tell it to a the companies working there. If you want to do trade with us, you gotta be fair to your workers there, and not screw up their enviroment. that's the way enviromental regulation works here, and that's the way it should there.
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If the socialists had this kind of magic wand power they seem to have, why don't we simply raise everyone's salary in Israel and the United States to one million per year, which is the equivalent of what you are asking India to do. On top of that, declare as once did King Authur, a new camelot where it rains only on the King's authroization and there is no polution by edict. |
Are you being deliberately stupid? I am not saying that everyone's sallary must be raised to 1st world levels, but the salary of the workers of the companies that trade with us (the west) must be raised to more fair levels. When those will have more money to spend, they'll naturally raise salaries throughout India, with higher demand for services for them.
Of course, you can go another way around. Raise taxes to pay for welfare, and entertainment for the unemployed, or watch social unrest brew.
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MrBaggins
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quote:
Originally posted by Azazel
You still get cheaper goods, thus increasing your lifestyle.
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Which the US population can afford less of because that high paying job got moved to India... plus the money left the US financial cycle... destroying other jobs.
Any cost saving in cheaper goods is not nearly enough to make up for these losses.
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What's the leeching? If you don't want, don't buy their products. All I am saying that they deserve to make a living in dignity.
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Not at the expense of a US job. The US certainly doesn't owe these people jobs. Thats their countries and governments business, just as US jobs are the US' and US government's business.
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So "free trade" is just a slogan to open markets to US products and not vice versa. Gee, that's like classic imperialism.
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And? thats bad... how?
If the US can do this... why shouldn't they? India can raise taxes on Indian corporate employment in the US, if they wished to, in response.
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*SNIP*
Are you being deliberately stupid? I am not saying that everyone's sallary must be raised to 1st world levels, but the salary of the workers of the companies that trade with us (the west) must be raised to more fair levels. When those will have more money to spend, they'll naturally raise salaries throughout India, with higher demand for services for them.
Of course, you can go another way around. Raise taxes to pay for welfare, and entertainment for the unemployed, or watch social unrest brew. |
If those tech salaries were raised to those levels, then there would be no incentive to outsourcing/offshoring, and the problem would just vanish.
Did you have an actual point with this?
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MrBaggins
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quote:
Originally posted by Ned
I'm sorry, but without details, this is meaningless. |
I don't have the specific numbers to hand, but I'd tax corporations on a flat per-person basis, non-retroactively... and raise it until it had the desired effect.
I'd have different rates for different countries, and none for countries with roughly equivalent wage standards.
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MrBaggins
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quote:
Originally posted by Ned
What do you mean by "per person" tax?
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A tax payable by a US company who pays a foreign company, which provides a service to US consumers on behalf of, or for related business products of that US company, for each employee, direct or subcontracted, of the foreign company.
The actual amount would vary by country.
These services could be, for instance, technical support or telemarketing.
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dainbramage20
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Chicago
Feb 2004
time: 05:34
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I got 2 pop ups. One Joetec crap and a gay porn site. Which one is the link too?
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All times are GMT. The time now is 05:34.
Apolyton Time is 00:34. |
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11-03-2004 22:44
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