And a way to depress the US wages of the highley skilled, college-educated employees? TWH05242007-3
2007-05-24
12:53:23
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9 answers
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asked by
Anonymous
in
Politics & Government
➔ Immigration
George C, I think lowering local labor costs exploiting desperate underpaid workers abroad is probably the number one reason why jobs are off-shored. Yet you throw it in as an afterthought?
2007-05-24
13:26:22 ·
update #1
Corporations, consist of groups of wealthy individuals who should pay as much tax as any individual worker-employee does. Tax avoidance by the super-wealthy is another reason the corporations offshore US jobs and business activities.
2007-05-24
13:31:05 ·
update #2
jdvnam, can't you read? that point has already been made!
2007-05-24
14:44:09 ·
update #3
I am familiar with the distinction between tax avoidance and tax evasion. But my point is that tax avoidance which may be legal is still a way to circumvent the social responsibility to pay their fair share of the costs of providing and supporting an environment in which they operarate and earn profit.
2007-05-25
05:09:20 ·
update #4
Capitalism is about profits.It is not about wages,workers rights,or America.The Republican Congress that people voted for 5 consecutive times,gave a lot to their wealthy contributors.Anyone in favor of a wage cut-vote Republican.
2007-05-29 19:09:48
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answer #1
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answered by R B 3
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The story never told about off-shoring is how bad it works. Ten years ago it was the hot fad that every large company had to try. The few success stories enjoyed the media attention. The many duds don't like much public attention.
I managed some offshore people during the Y2K years. They made about $6 an hour, their companies billed for at least five times what the works got and half the work product was thrown out or redone.
It may work for call centers but not much more.
2007-05-24 13:12:11
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answer #2
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answered by Menehune 7
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the government might desire to stop outsourcing with a stroke of a pen if it had to. even however, the financial and company pastimes that have offered impact on Capitol Hill do not prefer that so it probably won't take place. Wall St on my own has spent billions to impact the government interior the final decade. that would not count huge variety manufacturers, the provider financial equipment or anyone else. so which you are going to discover that billions extra is spent to impact Capitol Hill to proceed permitting those jobs to pass foreign places because of the fact enormous business enterprise makes extra money over there because of the fact there are actually not any rules retaining workers. That makes exertions low-priced.
2016-10-13 09:28:03
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answer #3
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answered by ? 4
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Most companies outsource or move their plants for only a few reasons.
1. Taxes too high in the US - When we hear the liberals talk about increasing taxes on the rich and on corporations, its no wonder they want to leave our country.
2. Red Tape and environmental regulations that are unrealistic - When a company has to spend millions of dollars only because " some agency " thinks it will reduce emissions or such, then the company loses money. Stock holders will kick out any CEO who loses money if they are smart.
3. Constant increases in cost of labor, Workman's comp and Health insurance - On the average, a company matches about 40% of your weekly pay in Workman's comp wages. Unions, which were good in the 20-30's, have pushed the cost of some companies doing business way to high. Why should a person on an assembly line make $25.00 per hour to put lug-nuts on a Chevy????
Companies move overseas for cheaper labor, less taxes and less red-tape. Unless or until America turns the clock back and makes the economy where companies can do business and compete, we will see jobs going out the door left and right.
The only thing Ross Perot said that made sense, " that sucking sound you hear, that's jobs leaving this country."
2007-05-24 13:01:08
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answer #4
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answered by George C 4
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It is simply a way to obtain the cheap labor required to keep the US capitalistic economy functioning.
2007-05-24 12:57:05
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answer #5
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answered by Anonymous
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It should be a way to go out of buisness and for the CEO s to be locked up
2007-05-24 12:59:13
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answer #6
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answered by Anonymous
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and also a way to avoid taxes
2007-05-24 14:09:04
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answer #7
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answered by Anonymous
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yes
2007-05-24 12:56:42
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answer #8
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answered by thomasmackey@sbcglobal.net 2
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Yes it is.
2007-05-29 04:56:09
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answer #9
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answered by Rochelle N 5
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