Thursday, August 30, 2012

US Companies Outsourcing

And so we heard the culprit, Corporate Tax! There's been massive pullout by big companies out of state. These companies stated that relocating their principal business office could save them $100M in tax money. I understand that most of them would still maintain their manufacturing plants stateside. If this allegation that transferring their principal business offices in other countries will save $100M, I can be quite sure that there's something wrong with the current tax laws. US Companies Outsourcing will never happen if our tax laws are updated and works well for both the benefit of the company and its employees. But, who are we kidding? We all know that management and workers have different goals. Companies should be willing to gain some and lose some because if we don't see a good solution for this sometime soon, I am quite sure that in a bat of an eye every company will soon be moving out and that's bad news for everybody. That's a lose-lose situation right there. Our beloved Representatives and Senators better do something about this soon. We don't want US Companies Outsourcing become a norm.

No comments:

Post a Comment