View Single Post
Old 05-12-2003, 08:34 PM  
kenny
Confirmed User
 
Industry Role:
Join Date: Mar 2002
Posts: 7,245
Quote:
Originally posted by Mr.Fiction
Kenny, the Americans who live overseas use less of the stuff that taxes are spent on, why should they pay more taxes than Americans who live in the U.S?

Then again, the reason Republicans can slam people not living in the U.S. is because the pseudo patriots, the ones who never get a passport in their life and who think "France is stupid because Rush said so", will think it's great to punish those traitors who would ever think of setting foot outside of the great U. S. of A.

I thought Republicans were supposed to be against higher taxes?
Your looking at it in a different angle. The company who employs the employee overseas pays those taxes.

"Many US companies compensate their overseas employees by covering their US taxes, so repeal of the exclusion would increase company costs. It could also reduce the incentive for Americans to work abroad and encourage US companies to hire locals, tax experts said."

By raising the tax on oversea employees the comapanies will more likely hire local employees. Local employess spend their money within the states.

Yes taxes are raised to detour companies from using overseas employees. The tax is designed to make companies hire within the US.

Yes your right, companies who have overseas employees are getting a tax raise!
kenny is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote