do you think US and GB based companies should be taxed higher when they use 'third world' countries workers ?

Question

and that money spent in those countries affected

Answer 1

If you mean using third world workers who are still in their native countries, rather than those who have come to the US and GB to work, then the answer has to be a qualified "Yes".

Often, when work is outsourced to a different country, the operation is run in a tax-free zone within that country, set up as an incentive to attract foreign investment, on the understanding that after an initial tax-free period, the foreign company will start to pay tax, and so have a trickle-down benefit on the third-worl country. In practice, this often does not happen, and the US / GB companies continue to operate in zones where they can avoid tax and circumvent local labour laws.

The simplest way to address this, and many other associated problems, is not to specifically tax this practice, but to introduce restrictions (or taxes) on the freedom of movement of capital between nations. Such a scheme would not only discourage the current behaviour of corporations who often use the threat of thirld-world out-sourcing to undermine the rights of their local workers, but would also mean that thirld-world countries who were currently benefiting from first-world investment were not subject to the threat of that investment being withdrawn at a moment's notice should they make any policy decisions that did not appeal to the corporations involved (e.g. strengthening local labour regulations).

Answer 2

No, I do not feel that US and GB companies should be taxed higher when they use 'third world' countries workers. Why? Because, as a business these companies are trying to make a reasonable profit.

Answer 3

Now that's a good idea.
Might make them B a bit more responsible 4 the countries they affect.

But, Y is there always a but, they'll find away around it by passing the Tax on 2 us!

Answer 4

It's a thought but you would have to convince the consumer to pay for it because you can bet the costs will be passed on to them. It's all about people making money or living cheaply without much thought of tomorrow. Those who care will want to ensure there is an earth for the furure generations to enjoy.

Answer 5

Yes, I believe Outsourcing should be a tax penality, not a tax cut like the current administration wants it to be.

Answer 6

I think we should start pulling our companies back to our shores.
This 'outsourcing' has gone on for long enough, we need US workers at US factories making US products, again. That's how our economy boomed originally, no reason it can't continue that way...

Answer 7

i think this is an excellent idea.

higher taxrates in the developed economies would make it steadily more attractive to companies to transfer their main operation to a third world base.

third world employment would rise, us and uk economies would depress - leading to fewer jobs, lower wages, and an overall lower standard of living.

Answer 8

Yes they should have tariffs when they bring the product back into the country

Answer 9

Yup

Answer 10

NOWAY IF THEY WANNA COME TO OUR COUNTRY FOR A BETTER LIFE THEN THEY SHOULD EXPECT TO WORK FOR IT! NOT TO LIVE OFF OUR TAX PAYERS!!!