What if China Buys the Dodgers?

[slidekellyslide]

Originally Posted by vintagetoppsguy

Rob,

Just the opposite, I totally agree with you. I was poking fun and Dan and his sarcasm. Seems like he has no problem shipping American dollars overseas, so perhaps we should import Chinese workers (taking away American jobs) and screw the country even more.

David

You guys actually have me wrong...I totally blame US corporations for shipping jobs overseas and I don't believe it has one damn thing to do with corporate tax rates..it has to do with cheap labor...(recently an entire town very close to me was decimated because Irwin tools decided to make their vise grips in China instead of DeWitt, Nebraska where the Vise Grip was invented)I don't see how selling the Dodgers to the Chinese qualifies though...it's not as if they can move the team to China..they'd still be employing Americans. I think if you guys knew how much China is already invested in America you may be shocked.

I was just playing devil's advocate..not trying to be sarcastic...just enjoying the verbal volleying that used to be a big part of the old Net54..please don't take anything too seriously that I post in the watercooler section.

[vintagetoppsguy]

Originally Posted by slidekellyslide

You guys actually have me wrong...I totally blame US corporations for shipping jobs overseas and I don't believe it has one damn thing to do with corporate tax rates..it has to do with cheap labor

I can't speak for all corporations, but I can tell you why my former company moved overseas. Corporate Tax Rates. That simple. We moved from Clinton, New Jersey to Geneva, Switzerland. As far as operations go, absolutely nothing changed. We moved about half a dozen guys to Switzerland to the new corporate office and didn't miss a beat.

I know some companies are moving to China for the cheaper labor, but I don't think that's the only deciding factor. From what I understand anyway, their labor rates are going up. I think the tax breaks have a lot more to do with it.

Either way, the government has to get that revenue from somewhere, right? So what happens when all the major corporations move overseas? They will raise the taxes of small businesses (mostly mom and pop type) to make up for it. It's coming.

[slidekellyslide]

Originally Posted by vintagetoppsguy

I can't speak for all corporations, but I can tell you why my former company moved overseas. Corporate Tax Rates. That simple. We moved from Clinton, New Jersey to Geneva, Switzerland. As far as operations go, absolutely nothing changed. We moved about half a dozen guys to Switzerland to the new corporate office and didn't miss a beat.

I know some companies are moving to China for the cheaper labor, but I don't think that's the only deciding factor. From what I understand anyway, their labor rates are going up. I think the tax breaks have a lot more to do with it.

Either way, the government has to get that revenue from somewhere, right? So what happens when all the major corporations move overseas? They will raise the taxes of small businesses (mostly mom and pop type) to make up for it. It's coming.

Did your former company actually move to Switzerland or do they just have a small office there which they call their company headquarters? Most American companies based in Switzerland have nobody there except a receptionist...that will be changing soon..or maybe already has?

[vintagetoppsguy]

Originally Posted by slidekellyslide

Did your former company actually move to Switzerland or do they just have a small office there which they call their company headquarters? Most American companies based in Switzerland have nobody there except a receptionist...that will be changing soon..or maybe already has?

No, they just have a small office there which they call their company headquarters. Other than that, nothing really changed.

[tiger8mush]

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.

[slidekellyslide]

I would rather the Dodgers be owned by an American too FWIW...I wasn't real thrilled when Newscorp (Rupert Murdoch) bought them. I'm not sure what MLB has against Mark Cuban..he should have been the owner of the Cubs...maybe he can get in on the Dodgers?

[xdrx]

Originally Posted by slidekellyslide

I would rather the Dodgers be owned by an American too FWIW...I wasn't real thrilled when Newscorp (Rupert Murdoch) bought them. I'm not sure what MLB has against Mark Cuban..he should have been the owner of the Cubs...maybe he can get in on the Dodgers?

I think Bud is still irked about the Missile Crisis in '62.

[E93]

Originally Posted by slidekellyslide

I would rather the Dodgers be owned by an American too FWIW...I wasn't real thrilled when Newscorp (Rupert Murdoch) bought them.

+1 I thought it was the darkest day in franchise history until the McCourts. Bring back the O'Mallys!
JimB

P.S. Who among those who don't like foreigners owning business interests in America are boycotting Fox "News"?