Why don`t we just change the rules on outsourcing?

Question

But if you want to bring that stuff back, it will cost you. Make it so it is not worth it to move overseas. Or will this turn billionaires into millionaires again?

Answer 1

Um thieir is tax on outsourcing not really to get tax but to give american companies a chance. example something cost $1 in japan but cost $5 to make in america. The government will tax $4 so that will make it equal

Answer 2

The West has always pushed for an open global market. One result of that is outsourcing.

Other economies are very appealing to American companies. However, It's tough to make your products in the US and transport them halfway around the world to sell them. It's just not economically viable. That will just eat up any company's bottom line, no matter how rich that company is.

Outsourcing gives that company a global presence, reducing labor costs, transport costs, cheaper resources, etc.

I hope my job doesn't get outsourced. As practical as outsourcing is, I am scared of it. You should be too.

Answer 3

1) We believe in freedom. The Soviet Union, Communist China, N. Korea, Baathist Iraq, North Korea, etc. all had "iron curtain" laws. Apartheid South Africa also had laws against capital leaving the country. Is that the sort of police state you want.

2) There is the economic law of comparative advantage. Outsourcing certain jobs that can be done cheaply elsewhere allows Americans to pursue jobs that create even greater value. Also, using cheap overseas labor makes many of the products we consume cheaper.

I once saw a bumper sticker that said, "Foreign steel steals American jobs." That's not true. Cheaper foreign steel may put American steel workers out of business, but with the cheaper steal we can manufacture more washing machines, refrigerators, machine parts, tractors, etc.

Answer 4

It's business. Overseas labor costs are usually lower than here in the US. That affects the price of the end product. If we made it a point to look at where products are made, and then only buy stuff made in the USA then jobs would stay in the US. But most people don't care, and buy the lowest priced products, so the jobs go bye-byes.

Answer 5

It depends on who's making the rules (that would be congress). Congress votes aren't cheap, and the only ones willing to pay them are making big bucks from outsourcing.

Answer 6

yes put a 500% tax on anything so called american that comes out of china or some other banana republic.

Answer 7

Thanks, I didn't realize that there were rules on outsourcing. A profit is a profit isn't it ? Or is this a touch of isolationism?