Out-sourcing Jobs? What about the causes?
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Feb0
Feb0
Wednesday, February 25, 2004
Out-sourcing jobs?
The ?¢‚Ǩ?ìcrisis?¢‚Ǩ¬ù in the U.S. about ?¢‚Ǩ?ìexporting jobs,?¢‚Ǩ¬ù will become a campaign issue. However, the immense impact of the United States?¢‚Ǩ‚Ñ¢ taxation of exports is being ignored.
Politicians will attempt to dismiss the cause as ?¢‚Ǩ?ìgreed?¢‚Ǩ¬ù by corporate interests which requires more laws from Washington. The fact is that the U.S. taxes our own exports to the rest of the world whereas the rest of the world does not do the reverse. According to Ernest Christian, a tax expert based in Washington D.C., the disadvantage to the U.S. is between $120 billion and $150 billion per year. Think about that number.