> RoMunn wrote: > Raising taxes encourages me to move my corporate entity offshore and still > staff it with offshore developers. You are the one that needs to catch up. >
Nope. Like Boeing for example. They moved their headquarters to where they can get the best local tax and construction deals and, for political reasons, keep their headquarters in the US. Delaware is a popular place. And taxes have something, but little, to do with moving the "corporate entity" since you have to maintain a presence there and that's expensive. And typically nobody wants to move to whereever that is. Here are some new ideas for you: (1.) The US is a services economy now so if I need something built those jobs go to China and if I need something developed I do "multi-site" development in India. Cisco, for example, is rolling out "telepresence" right now as we speak. That ain't because they're going to use it to build factories in the US. (2.) As an entrepreneur, if you want to tax me a the 80% rate, fine. I'll just pay myself $1/year like Jeff Bezos and take the rest of my pay in stock via a yearly pay-out and pay the 15% rate before deductions. That's "long-term" CG, btw, which under Bush means more than a year. (3.) Preventing the move of "corporate entities" is a piece of cake given someone wants to do it anyway. Finally, I'll point out that the absolute largest thing that's changed in the last 20 years. The economy. The financial crisis is birth pangs of a new world and you need to catch up and realize that. For the last 20 years the American consumer has been the engine of World's economy, spending, on average, 6.5% more than we taken in. In short, a 20 year credit-based spending spree. And it's over, Robert. The engine is stopped and will never run again in our lifetimes. This is going to mean that something will replace it. Will it be China? India? If Americans keep thinking like you, yes. America loses, because you can't think new so you vote old. So what's the answer? Infrastructure. Green infrastructure. America could could create a moonshot effort to bring THE WORLD into the 21st century of energy. If we don't Saudi Arabia will. They've been talking about doing it since the 70s, but they've been lazy and complacent like you. The Laffer curve, and all of the tax thinking around it, is an industrial age 80s concept. It's over, dude, done. Of the 2 candidates only one of them, Obama, is young enough and realizes it. McCain will try for years to drag us into the past because that's all he knows and that's all his advisers will know. While McCain is trying to figure out why the Laffer curve isn't working anymore - because I'm a fabulously rich 21st century entrepreneur who only employs 10 US workers that work from home - other countries get their economic engines revved up. And their engines will replace America. And you'll blame it on Clinton. And it'll be too late for America. Do or do not, there is no try. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:275302 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
