If American companies and investors are going to make a lot of money off foreign investments, should they be?
iswaswill asked:
taxed so as to share that wealth amongst the American people? They are, after all, within the country that the American people support by their heritage and their votes etc, are they not?
taxed so as to share that wealth amongst the American people? They are, after all, within the country that the American people support by their heritage and their votes etc, are they not?
Lisbeth:
Umm, they are taxed on profit, just like here.
The reason they go overseas, like to China, is that the cost of labor per person is low, less than half of what it cost here.
January 3, 2009, 4:23 pm