Do Bush and McCain not realize that business people are in business to make money or are they selling out ?
Does the average American citizen not ask themselves why so many of our countries manufacturers have moved their plants to other countries? The answer is simple. Under the current tax plan, which McCain intends to continue, corporations cannot stay competitive unless they move to these third world countries. It is actually cheaper for them to manufacture their goods overseas and have them shipped all the across the world to the USA, because, the Bush administration, being the kind, compassionate people that they are seems to think that we are helping these world countries out by providing jobs for them, so in order to encourage corporations to manufacture in them, to help these countries out, they get huge tax breaks. Now, the business world is competitive, as you know, so these corporations need to be able to keep their prices around the same as their competitors. They want to make profit. Now, what's wrong with that? It’s really common sense, if the USA looses all of its industry, then we will have nothing to export. So, that means we will have no bargaining chip, that means these other countries will not need us, we will need them. We will have to depend upon them to ship goods in to our country from theirs. This means our deficit and our debt are going to keep going up. We will owe them, and we will have nothing to offer them. We will have nothing they need, because they will have everything that was ours to begin with in their country. Globalism, a one world economy, it’s the USA's responsibility to ensure that people from all countries have the same opportunities as Americans do. OK, well, if we do that, then there will be one world economy, and there will be 2 classes in the world, haves, and have nots. Just like over in Iraq, India, China. Is that really what we want the USA to become? To those of you who ask how taxing businesses out is going to help our economy, the answer is simple, by giving businesses who choose to stay in the USA to manufacture tax breaks rather than giving tax breaks to those who choose to go to China to manufacture. To left wing Koolaide, yeah, I think that with the cost of fuel now a days it is ridiculous for it to still be cheaper with the tax breaks companies are receiving for them to be profiting still by shipping their goods overseas to be manufactured, half way around the world. Companies can't afford to loose Americans business. There's to many of us, so, if their hand is forced, they'll manufacture here.
Elections - 1 Answers
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1 :
You think US Tax Breaks will be enough to keep companies home when they can produce their products and services for a tenth of the cost that it takes here in the US? Sadly mistaken. The answer isn't through tax breaks, Congress and the next President have to throw the whole thing out and start over again. Obama's "5 percent" tax plan is NOT the answer.
Sunday, October 28, 2012
Sunday, October 14, 2012
Does it make sense to you that we're borrowing money from this Government to fund the war in the middle east?
Does it make sense to you that we're borrowing money from this Government to fund the war in the middle east?
http://www.youtube.com/watch?v=AGJoaHr2QdM Do you also realize that we also rely on them for EVERYTHING we consume? Everything it seems is made in China and it doesn't make sense to me that we rely on them for money and to make everything we buy and sell.
Elections - 2 Answers
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1 :
ask congress about all of the pork they are selling...
2 :
No, it doesn't. Good question though. I have often wondered about that myself. yep. a lot of what we buy is stamped "made in China' NAFTA was supposed to be a 2 way street, but it seems to be a one way. Everything comes in and nothing goes out.
http://www.youtube.com/watch?v=AGJoaHr2QdM Do you also realize that we also rely on them for EVERYTHING we consume? Everything it seems is made in China and it doesn't make sense to me that we rely on them for money and to make everything we buy and sell.
Elections - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
ask congress about all of the pork they are selling...
2 :
No, it doesn't. Good question though. I have often wondered about that myself. yep. a lot of what we buy is stamped "made in China' NAFTA was supposed to be a 2 way street, but it seems to be a one way. Everything comes in and nothing goes out.
Sunday, October 7, 2012
how much money can i make over seas before i will be taxed?
how much money can i make over seas before i will be taxed?
like the title says. i am going to be overseas in china. i will not be working for an american company. if anything it will be with a chinese company or something on the side. how much money can i make in one year to bring back to america with out paying taxes on it when i come back?
Personal Finance - 2 Answers
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1 :
$0.00 As an American Citizen, you are legally obligated to report "ALL" money you earn inside and outside the United States. And thus pay taxes on it, regardless if you bring that money back into the US. For example, if you fly to London and sell somebody a pair of Jeans for $50.00, you owe taxes on that $50.00. Even if you take that money and deposit into a bank in London and leave it in that account, that money still needs to be reported on your 1040 form. And to make the matter worse, the IRS is now requiring that all citizens with foreign bank accounts report the fact they have a foreign bank account and how much money is in it. Check it out - The TD F 90-22.1 Form -- http://www.irs.gov/pub/irs-pdf/f90221.pdf I know, it sux. The IRS blows when it comes to milking us citizens of our money.
2 :
Alby is correct; sort of. His statement is true, but with LOTS of exceptions. This IRS articles details those exceptions: http://www.irs.gov/businesses/article/0,,id=182017,00.html
like the title says. i am going to be overseas in china. i will not be working for an american company. if anything it will be with a chinese company or something on the side. how much money can i make in one year to bring back to america with out paying taxes on it when i come back?
Personal Finance - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
$0.00 As an American Citizen, you are legally obligated to report "ALL" money you earn inside and outside the United States. And thus pay taxes on it, regardless if you bring that money back into the US. For example, if you fly to London and sell somebody a pair of Jeans for $50.00, you owe taxes on that $50.00. Even if you take that money and deposit into a bank in London and leave it in that account, that money still needs to be reported on your 1040 form. And to make the matter worse, the IRS is now requiring that all citizens with foreign bank accounts report the fact they have a foreign bank account and how much money is in it. Check it out - The TD F 90-22.1 Form -- http://www.irs.gov/pub/irs-pdf/f90221.pdf I know, it sux. The IRS blows when it comes to milking us citizens of our money.
2 :
Alby is correct; sort of. His statement is true, but with LOTS of exceptions. This IRS articles details those exceptions: http://www.irs.gov/businesses/article/0,,id=182017,00.html
Monday, October 1, 2012
Can I make money teaching English in India?
Can I make money teaching English in India?
I am a 21 year old from England with a CELTA and two years experience in China. However, I have no degree. I know lots of Indians can speak English. Are there any opportunites there for someone like me? Thanks
Teaching - 1 Answers
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1 :
No, I do not think so. India has a lot of people who are willing to teach English. You will no get a job unless you want to target the rural area, where you will not have a good income.
I am a 21 year old from England with a CELTA and two years experience in China. However, I have no degree. I know lots of Indians can speak English. Are there any opportunites there for someone like me? Thanks
Teaching - 1 Answers
Random Answers, Critics, Comments, Opinions :
1 :
No, I do not think so. India has a lot of people who are willing to teach English. You will no get a job unless you want to target the rural area, where you will not have a good income.
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