Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

joeglow3

(6,228 posts)

1. And this is why more and more companies (and high paying jobs) will be leaving the US

Reply to KansDem (Original post)

Thu Aug 28, 2014, 02:29 PM

Aug 2014

The fact is that we are now in a global economy and any company can be headquartered anywhere and compete in any nation. The idea that the US gets a piece of the income invested and earned in Europe is outdated. So long as we are essentially the only nation that employs this practice, expect more and more companies to leave.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

14 replies

= new reply since forum marked as read

Highlight:

The Biggest Tax Scam Ever: How Corporate America Parks Profits Overseas, Avoiding Billions in Taxes [View all] KansDem Aug 2014 OP

And this is why more and more companies (and high paying jobs) will be leaving the US joeglow3 Aug 2014 #1

all thanks due to our president and congress who allow this nt msongs Aug 2014 #2

I don't think it's fair to blame President Obama for this 3rdwaydem Aug 2014 #5

Definitely DOA from the GOP rjj621 Aug 2014 #8

I hope you are wrong but, you could very well be right. 3rdwaydem Aug 2014 #11

Your moniker says you support this BrotherIvan Aug 2014 #9

I don't support it. It disgusts me 3rdwaydem Aug 2014 #10

Why should the US be entitled to a piece of capital in Europe joeglow3 Aug 2014 #13

Now we know where the tax cut "trickle down" money actually went. Viva_Daddy Aug 2014 #3

Tell me who is powerful to change this damaging policy at this point? misterhighwasted Aug 2014 #4

Exactly why 'globalism' and 'free trade' were always designed to help Erich Bloodaxe BSN Aug 2014 #6

United Parcel Service opened an overseas tax dodge named Overseas Partners Limited mikekohr Aug 2014 #7

Thanks for this info... KansDem Aug 2014 #12

Here's the Rolling Stone link~ babylonsister Aug 2014 #14