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Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump
Quote:
Originally Posted by PatriotsReign
How can taxes on earned income NOT be relevant to US companies?
Where did I say it wasn't relevant? I am asking how they impact decisions about expenses. Expenses are not subject to taxation in the first place, they offset income. Or are you saying that moving production offshore helps them escape taxes on profits altogether? Wouldn't that require reincorporating as a foreign company?
__________________ “ I think good coaches will coach with the personnel they have, and if you only have one (good) linebacker, you’re not going to play a 3–4. ”
—Hank Bullough, who installed one of the first 3–4 defenses with the New England Patriots.
Of course you know that 45% of all returning veterans are applying for permanent disability.. the Iraq Crusade, the gift that keeps on giving.. and will keep on giving for the next 60 years..
__________________ "Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.
To counter the severe slump in European sales, Marchionne is considering building Chrysler models in Italy, including Jeeps, for export to North America. The Italian government is evaluating tax rebates on export goods to help Fiat. Marchionne may announce details of his plan as soon as Oct. 30, the people said.
Fiat (FIA.MI) and its U.S. unit Chrysler expect to roll out at least 100,000 Jeeps in China when production starts in 2014 as they seek to catch up with rivals in the world's biggest car market. ...
"We expect production of around 100,000 Jeeps per year which is expandable to 200,000," [Chrysler CEO Sergio] Marchionne, who is also CEO of Chrysler, said on the sidelines of a conference, adding production could start in 18 months.
Currently, Jeeps sell in more than 120 countries around the world, including China. They're nearly all built in factories in the United States.
By expanding Jeep production to China, instead of increasing Jeep production in the U.S., it's safe to say Jeep (or more properly, Fiat, which now owns Chrysler) is choosing to create more jobs overseas instead of in America where taxpayers bailed the company out.
Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump
I read that, and that is not new, there was no questioning that there would be Jeeps built in China to be distributed in foreign markets, not US markets..
Will probably be a completely different set of safety and emission standards..
__________________ "Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.
Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump
Quote:
Originally Posted by PatriotsReign
Is there ever a story you haven't read about?
Knowledge and facts are a good thing, PR.
If nothing is learned by all from the election last November it is that made up realities do NOT win in the longterm - - Rove, Morris, Trump, etc. all tried to manufacture facts. You can keep flailing, it entertaining to watch. The Nate Silver's of the world won.
Here's a MACRO view of the US economy by an actual economist from an actual economic site. You can pick and choose anecdotal evidence all you want while the rest of us prosper.