Do companies *really* leave the US?

tallest1

Diamond Member
Jul 11, 2001
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In most threads concerning outsourcing, theres always the argument that if we applied too many tariffs, rules, and restrictions on 'globalizing' companies, they would leave the country. Has any country actually done such a thing?

I don't want to taint this question with bias but is it truly possible for Intel's offices, management, and manufacturing to be centered in another country? Could any business become better off without the tax breaks, structured intellectual property & patent laws, and other pro-business laws that make the US such a powerful force in the world economy?
 

charrison

Lifer
Oct 13, 1999
17,033
1
81
Originally posted by: tallest1
In most threads concerning outsourcing, theres always the argument that if we applied too many tariffs, rules, and restrictions on 'globalizing' companies, they would leave the country. Has any country actually done such a thing?

I don't want to taint this question with bias but is it truly possible for Intel's offices, management, and manufacturing to be centered in another country? Could any business become better off without the tax breaks, structured intellectual property & patent laws, and other pro-business laws that make the US such a powerful force in the world economy?

Yes, there are many companies that have moved their headquarters off shore for tax purposes.
 

sMiLeYz

Platinum Member
Feb 3, 2003
2,696
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76
Originally posted by: charrison
Originally posted by: tallest1
In most threads concerning outsourcing, theres always the argument that if we applied too many tariffs, rules, and restrictions on 'globalizing' companies, they would leave the country. Has any country actually done such a thing?

I don't want to taint this question with bias but is it truly possible for Intel's offices, management, and manufacturing to be centered in another country? Could any business become better off without the tax breaks, structured intellectual property & patent laws, and other pro-business laws that make the US such a powerful force in the world economy?

Yes, there are many companies that have moved their headquarters off shore for tax purposes.

Most companies have a name or an address on the Cayman Islands or some other tax shelter for tax purposes, that's a exploiting a loophole in tax laws not offshoring.

Theres NO country in the world that is as business friendly as the states. Not to mention that we have the one of highest levels of living, so fatcat CEOs could live more comfortably here than say... in Poland or Canada. Even Canada, taxes are insane compared to here.

People crying about protectionism, or threatening to offshore... it's all pure hyperbole.
 

sandorski

No Lifer
Oct 10, 1999
70,853
6,391
126
Originally posted by: sMiLeYz
Originally posted by: charrison
Originally posted by: tallest1
In most threads concerning outsourcing, theres always the argument that if we applied too many tariffs, rules, and restrictions on 'globalizing' companies, they would leave the country. Has any country actually done such a thing?

I don't want to taint this question with bias but is it truly possible for Intel's offices, management, and manufacturing to be centered in another country? Could any business become better off without the tax breaks, structured intellectual property & patent laws, and other pro-business laws that make the US such a powerful force in the world economy?

Yes, there are many companies that have moved their headquarters off shore for tax purposes.

Most companies have a name or an address on the Cayman Islands or some other tax shelter for tax purposes, that's a exploiting a loophole in tax laws not offshoring.

Theres NO country in the world that is as business friendly as the states. Not to mention that we have the one of highest levels of living, so fatcat CEOs could live more comfortably here than say... in Poland or Canada. Even Canada, taxes are insane compared to here.

People crying about protectionism, or threatening to offshore... it's all pure hyperbole.

I hear that Somalia is an extremely business friendly place, seriously. There is no government, no taxes, no regulations, and a booming Free Market economy. Of course it still sucks there, but if one idolizes Capitalism it's the place to be.
 

digitalsm

Diamond Member
Jul 11, 2003
5,253
0
0
Originally posted by: sMiLeYz
Originally posted by: charrison
Originally posted by: tallest1
In most threads concerning outsourcing, theres always the argument that if we applied too many tariffs, rules, and restrictions on 'globalizing' companies, they would leave the country. Has any country actually done such a thing?

I don't want to taint this question with bias but is it truly possible for Intel's offices, management, and manufacturing to be centered in another country? Could any business become better off without the tax breaks, structured intellectual property & patent laws, and other pro-business laws that make the US such a powerful force in the world economy?

Yes, there are many companies that have moved their headquarters off shore for tax purposes.

Most companies have a name or an address on the Cayman Islands or some other tax shelter for tax purposes, that's a exploiting a loophole in tax laws not offshoring.

Theres NO country in the world that is as business friendly as the states. Not to mention that we have the one of highest levels of living, so fatcat CEOs could live more comfortably here than say... in Poland or Canada. Even Canada, taxes are insane compared to here.

People crying about protectionism, or threatening to offshore... it's all pure hyperbole.

If you say a minority of companies have offshore headquarters you'd be correct. But you are quite false when saying most, because its a fairly small %.