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yep. Trump added tariffs on physical goods, but there are no taxes on service imports.
by itake 10mo ago
yep. Trump added tariffs on physical goods, but there are no taxes on service imports.
- brightball 10mo agoThere was talk of it. I believe the H.I.R.E. Act that’s been proposed is supposed to add a 25% fee to outsourcing overseas.
- itake 10mo agoProbably a step in the right direction. But if you can hire someone abroad for 20% of the cost of an American worker, then instead of replacing one American with five workers, you replace them with four.
- brightball 10mo agoThe range difference really depends on where you are too. Unless you're chopping wood, you still need competent people with the right skill set and ability to communicate. When controlling for that I find it's much closer unless you're in SV/Austin/NY.
- ivankra 10mo agoSection 174's 15 years amortization rule on foreign R&D is kind of an indirect tax.
- itake 10mo agoOverseas labor spend their salary overseas and pay no US taxes. still not the samething.
- dilyevsky 10mo agoWait until you hear what he did to h1b program!
- itake 10mo agoThe 100k fee on new applicants? drop in the ocean. The h1b people spend (most) of their salary in the USA and pay US income taxes. Whereas overseas labor spend their salary over seas and pay no US taxes.