Subject:
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Re: The Crux of the Matter?
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Wed, 30 Jul 2003 21:39:20 GMT
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Viewed:
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139 times
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In lugnet.off-topic.debate, Dave Schuler wrote:
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In lugnet.off-topic.debate, Richard Marchetti wrote:
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Could we place a tax on labor performed abroad? Again, job creation is one
of the reasons we allow the legal fiction of the corporation as a person.
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Why not tax corporations so that the payroll cost-per-employee is the same
whether they employ US or foreign citizens? That is, if the standard US wage
is $10.00/hr, and the standard foreign wage is $.50/hr, let’s tax the
corporation the difference of $9.50 per-foreign-employee-per-hour. That
would eliminate the incentive for exploitive foreign labor, and it would go a
long way toward repaying the privileged status that companies have enjoyed
domestically.
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What would be better in my mind would be if companies that seek foreign labor
pay decent (but not US union) wages. That way, foreigners are able to benefit
from such partnerships, creating a win-win situation. Even if foreigners are
paid half or even quarter the union scale, they would hardly be exploited IMO.
I fear that penalizing companies that seek cheap labor abroad would squelch good
income sources for foreigners and cheaper prices for goods sold here in the US.
JOHN
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Message is in Reply To:
 | | Re: The Crux of the Matter?
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| (...) Why not tax corporations so that the payroll cost-per-employee is the same whether they employ US or foreign citizens? That is, if the standard US wage is $10.00/hr, and the standard foreign wage is $.50/hr, let's tax the corporation the (...) (21 years ago, 30-Jul-03, to lugnet.off-topic.debate, FTX)
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