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![]() "kontiki" wrote in message ... What does that have to do with anything? No matter who owns a given company it behooves them to locate the business in the most advantageous location that they can. If they discover they are in a place that with a climate hostile to business they're gonna go elswhere. But not necessarily because of taxation is unfair. I'm definately not saying that it's not a reason that businesses do it, it's just not necessarily THE reason to do it. By extension of the philosophy, it's like saying if taxes were lower outside of America, Americans would leave America. Some Americans do leave, and possibly because of taxes, but it's incorrect to say that they all leave because of high taxation. In fact, most don't; they remain in America and grumble about the taxes. ;P By the way, check out this piece of propaganda I found: "Wal-Mart firmly believes in local procurement. We recognize that quality products can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally." http://www.wal-martchina.com/english/walmart/index.htm -c |
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On Mon, 30 Apr 2007 16:34:57 -0700, "gatt"
wrote in : "Wal-Mart firmly believes in local procurement. We recognize that quality products can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally." http://www.wal-martchina.com/english/walmart/index.htm They must be referring to the Wal-Mart stores located in China. :-) |
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That great humanitarian, Bono, had U-2 do the same thing -- leave its
country of domicile for tax purposes. Why just trash Halliburton? And why not consider that there is competition between countries, and that taxation is a part of the price? "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... Larry Dighera wrote: I'm not fixated on Halliburton. I've just used Halliburton's fleeing to an Arab country to escape paying US income taxes as an example of how _unrestrained_ competition causes both buyers and sellers to become victims. The fact that a company large or small would leave the US to reduce the amount of taxes they have to pay ought to show you that taxes are too high in this country. |
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