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How are companies liable for more taxes if they move jobs overseas? Are you imagining a punishment tax to companies that operate in the US and develop overseas
by bdamm 11y ago
How are companies liable for more taxes if they move jobs overseas? Are you imagining a punishment tax to companies that operate in the US and develop overseas as well? Any such tax would only exacerbate the loss of jobs.
A better strategy is to ensure US domination of technology development through any means possible.
Besides, it isn't like wages for tech workers are low in the US.
- coliveira 11y agoUS domination of technology development doesn't mean exporting jobs or importing foreign labor. The US has 300 million people, many of them college educated. There is nothing preventing the US from dominating technology even if it doesn't have an H1B program. Such arguments are so easy disprove, you just need to look how silly they are.