Originally posted by RaventheOnly
Economically speaking it doesn't matter where you tax the whole country is effected equally. Although an externality of taxing the rich is that they can higher lawyers who find millions of loop holes and diminish the tax burden on themselves in comparison to the poor.
And thats why I want those loopholes eliminated.
Originally posted by Starhawk
That's why you levy a tax on companies that outsource, make it so it's cheaper for them to stay in the country.
And what would stop these company's from moving their headquarters to some other nation that doesn't have the same laws and same taxation levels? It's easy for them to do, and unless you want to stop international trade absolutely impossible to stop.
So what you would do is hurt your economy by removing big company's and lower the tax income you get from them.
Punishing won't make them change, it will make them try to find ways out. Rewarding for staying is the only way to fix this.
Originally posted by Starhawk
No it's not our responsibility to provide those countries with work, thats the job of their government.
So you are basically willing to destroy entire country's just so Canada can have fewer unemployments... How nice of you, of course you fail to understand the impacts this would have on Canada's economy and just wouldn't work. But it's good to know you value the lifestyle of a Canadian above the life of somebody in India
Originally posted by Fishy
And what would stop these company's from moving their headquarters to some other nation that doesn't have the same laws and same taxation levels? It's easy for them to do, and unless you want to stop international trade absolutely impossible to stop.So what you would do is hurt your economy by removing big company's and lower the tax income you get from them.
Punishing won't make them change, it will make them try to find ways out. Rewarding for staying is the only way to fix this.
So your solution is that we give more benefits to companies who are going to outsource no matter how much you give them and then almost no one in your country can afford to buy things and feed the economy and you lose you domestic product, which in turn makes you even more dependant on foreign trade and the cycle spirals downwards.
Originally posted by Starhawk
So your solution is that we give more benefits to companies who are going to outsource no matter how much you give them and then almost no one in your country can afford to buy things and feed the economy and you lose you domestic product, which in turn makes you even more dependant on foreign trade and the cycle spirals downwards.
Do you not understand that the rewards, would act as an incentive for them to keep their corporation in the country? If they outsource they will not be rewarded, it's as simple as that.
Do you have any idea how much it would cost to increase minimum wage, create heavier tax legislation for companies who outsource, and try and keep inflation from rising too much? It would cost as much, if not more than this reward scheme. Though yes the companies would not make as much, they would save on shipping costs etc. and would also have the benefit of better insurance for their factories and warehouses.
Originally posted by Starhawk
So your solution is that we give more benefits to companies who are going to outsource no matter how much you give them and then almost no one in your country can afford to buy things and feed the economy and you lose you domestic product, which in turn makes you even more dependant on foreign trade and the cycle spirals downwards.
No my solution would be to reward the company's that stay. You don't have to make staying as cheap as outsourcing, there are plenty of reasons company's would like to stay in the country they are already in. Because it's easier to do that, but when the gain from outsourcing is great they are more likely to do it.
Making staying in the country attractive will make a lot of company's doubt and not go through with it at all. Sure it's not a perfect solution, but it sucks a hell of lot less then yours. As you would just fine them until they move their headquarters to some other country and they can do whatever they want. You need to understand that company's can do that, and they need to make more money, so punishing them if they do something to make more money won't work. You need to give them a way to make more money, and hope that something like that boosts your economy at the same time. (which it usually does)
Originally posted by Fishy
No my solution would be to reward the company's that stay. You don't have to make staying as cheap as outsourcing, there are plenty of reasons company's would like to stay in the country they are already in. Because it's easier to do that, but when the gain from outsourcing is great they are more likely to do it.Making staying in the country attractive will make a lot of company's doubt and not go through with it at all. Sure it's not a perfect solution, but it sucks a hell of lot less then yours. As you would just fine them until they move their headquarters to some other country and they can do whatever they want. You need to understand that company's can do that, and they need to make more money, so punishing them if they do something to make more money won't work. You need to give them a way to make more money, and hope that something like that boosts
your economy at the same time. (which it usually does)
They make enough money, and more and more
companies are moving anyways, we live in a world where greed rules all.
Basically it comes down to this,
Your way destroys domestic profits.
My way destroys foreign profits.
Originally posted by chillmeistergen
Do you have any idea how much it would cost to increase minimum wage, create heavier tax legislation for companies who outsource, and try and keep inflation from rising too much? It would cost as much, if not more than this reward scheme. Though yes the companies would not make as much, they would save on shipping costs etc. and would also have the benefit of better insurance for their factories and warehouses.
In my province of Ontario, they have increased minimum wages up to
10$ an hour. Unfortunately, they didn't increase pensions so the disabled and elderly are about to get screwed worse then ever in history.
Originally posted by Starhawk
They make enough money, and more and more
companies are moving anyways, we live in a world where greed rules all.Basically it comes down to this,
Your way destroys domestic profits.
My way destroys foreign profits.
Bullshit,
your way forces company's to move. They will move their headquarters to other country's that don't have those laws. They will continue outsourcing and Canada will lose a lot of tax income.
My way has in the past often proved to boost economics and it will make company's have more reasons to stay. Meaning that the company's can increase their foreign and domestic profits.
It's real easy really, punishing company's for leaving will make them move their headquarters to other country's to avoid the legal trouble you are going to give them.
Giving them advantages for staying will make them stay. Easy.
Originally posted by Fishy
Your way forces company's to move. They will move their headquarters to other country's that don't have those laws. They will continue outsourcing and Canada will lose a lot of tax income.My way has in the past often proved to boost economics and it will make company's have more reasons to stay. Meaning that the company's can increase their foreign and domestic profits.
It's real easy really, punishing company's for leaving will make them move their headquarters to other country's to avoid the legal trouble you are going to give them.
Giving them advantages for staying will make them stay. Easy.
And those advantages will hurt the poorer classes who make up the majority, The middle class in Canada is disappearing and as that article shows the divide between the richer classes and the poorer classes is widening drastically. So you will do great in foreign markets, but domestically people can't afford to buy from you, they go to places like wall-mart that are american owned and shop there. And those place are even getting too expensive for allot of families.
The poor make up by far the largest section of the population in Canada. So if these companies end up only making products for foreign trade and having to pay the shipping costs anyways, they will just move to places that offer incredibly cheap wages anyways.
Both sides can't win in this.
Originally posted by Starhawk
They make enough money, and more and more
companies are moving anyways, we live in a world where greed rules all.Basically it comes down to this,
Your way destroys domestic profits.
My way destroys foreign profits.
No, it comes down to
Fishy's way increases domestic and foreign profit
Yours makes you feel good about yourself like only a cock in your butt does usually.
But seriously, what makes you think those companies will stay in your country if you treat them like shit? They can jsut as well move somewhere else, making Canadians lose jobs and companies. Is that what you want?