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DemocracyDirect

(708 posts)
5. You don't understand.
Tue Apr 12, 2016, 11:26 AM
Apr 2016

Actually I am head of a multinational IT services company.

The point is that some people use these laws/loopholes for good. Nevermind that I don't consider everything the Clinton Foundation does as good.

But then a lot of people just use these companies to move their money around and hide it from taxes and just generally avoid realizing income in the US.

I would much rather still have all my employees in one building, but we can't compete without having teams in other countries these days.

We're in head on competition with firms that bring in H1B visa holders into the US and other firms who do all services overseas and accept their checks into their zero tax jurisdiction.

It's all very complex but perhaps you and the candidate you support are just so comfortable with all that goes on that it just seems normal to you.

And what it all means is that the US middle class pays more taxes (or incurs more government debt) and has less jobs.

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