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Old 09-07-2011, 08:40 AM
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tiger8mush tiger8mush is offline
Rob G.
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Join Date: May 2009
Location: Connecticut
Posts: 2,034
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no problem with playing Devils Advocate, Dan!

I just don't like the idea of American Industry being owned by foreign countries. The profits will leave our country. Will a China-owned Dodgers be better than no Dodgers at all? I don't know the answer to that haha.

Like ya'll have said, US Corporations are setting up shop outside of the US so they are evading the US taxes. Between US taxes and employee insurance and other fees its more beneficial for them to be based overseas. They store the money offshore until the US lets them bring back the billions of dollars at a reduced tax rate like every 10 years or whatever. The politicians so far haven't done anything to remedy this and it'll only get worse if something isn't done.
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