Watched the 60 minutes report on Sunday night. Found it very interesting and am wondering if the US is going to have some sort of response.
Cisco Pushes or Lower Corporate Tax Rate
Follow this link to see the tax rates as of 2008
On one hand I feel cheated that these companies are able to pay a much smaller tax burden even though they are essentially American companies. On the other hand, the whole reason to exist as a company is to make money. So, as a CEO, if there is a way to move revenue oversees and not pay the higher tax rate you are satisfying the investors in the company. Getting a better ROIC which is what the shareholders want to see.
I know as an individual I had to pay income tax in both the foreign country that I worked in, and in the US. They do not offset each other and I ended up paying more taxes than if I had just been in the US. What a racket eh?
So, what should be done? Should the US lower its tax rate like several other countries have done? For example, Germany lowered there corporate tax rate by 8.7% from 2007 – 2008.
How are we to compete if we don’t lower the tax rate?
Categories: main-street Tags: cisco-pushes, corporate-tax, countries, foreign, foreign-country, higher, investors, like-several, lower-corporate, lower-the-tax, minutes-report, other-countries, pushes-or-lower, shareholders
Have you ever used calling cards for making a call to a foreign country? It is really an effective way to reduce call charges.
Read the original:
Compare Calling Cards Before Buying One | Iphone Conference Calling
I was wondering if there is somesort of Verizon International Prepaid Calling phone package? I know there are international calling cards , but I just heard that when you’re actually in a foreign country? In fact, I have to call Canada, …
Read the original:
Prepaid International Calling Cards Verizon | CELLULAR PHONES AND …
An Out Of The Country Calling Card Gives You Invincible International Calling Rates And The Free Will To Telephone An in a foreign country calling card is basically a… Has your business considered Data Management?
Read more here:Â
Credit Card Security Issues On Restaurants
An in a foreign country calling card is basically a credit card used exclusively for telephone communications. By utilizing them, callers are able to make phone.
View original post here:
An Overseas Calling Card Gives You Matchless Global Calling Tariff …
<p>I was wandering if I can make payments (paying US
credit card /utility bills), transfers etc. outside the U.S.
Read the original post:
Can I access my wells fargo online banking and activate credit …
Categories: Card Online Tags: accounting, economics, education, finance, foreign-country, girlfriend, internet, investment, michael-jackson, rent, salary, stocks, truckers-sites, utility-bills, wells
Recent Comments