A suggestion to stop outsourcing.

[MikeG]

What abount denying a Schedule C expense tax deduction for any salary paid to overseas employees?

[rdfi-defi]

1. what is a "schedule C expense tax deduction"?

[MikeG]

2. Its where you deduct salaries for employees as an expense.

If you run a business, you must file a Schedule C to be able to deduct necessary and ordinary business expenses. Don't let overseas salaries be deducted.

[rdfi-defi]

3. that sounds like a good idea

i do not think it will stop out-sourcing, the mathematical benefits of paying starvation wages and not paying for benefits is just to great.

thank you for the explanation of schedule C

[MrMonk]

4. Won't work by on its own.

The rule would also have to prevent deduction of fees paid to overseas contractors.

[arko]

5. I don't think that would work

What stops them from just importing the finished goods. Unless you close the entire economy and run it from Washington.

There is a tax measure out there that would help, I said help not eliminate the problem. Its the fair tax proposal. Goods currently exported from the U.S. carry with them the burden not only of the employee benefits but also the payroll tax burden is included in the cost of exported goods. If a sales tax replaced the income and payroll deduction exports would be tax free, putting our exports in a better position.

Also goods imported would be hit with the sales tax which would increase the cost of imported items. It would improve the balance of trade and allow us to keep more jobs here.

[maggrwaggr]

6. if they wanted to stop it, they could

but they won't. Because they're all "friends" of the corporations that are benefitting. And they're all stock-owners, and stock prices are based on profits, and corporations are increasing their profits by outsourcing.

If you own stock right now and have a good paying job with benefits, the economy doesn't seem half bad.

All you have to do is pass laws that say to these companies "fine, if you want to outsource, go right ahead. But you'll have to pay a big fat tarriff to sell those goods in the United States".

This should also hold true for them breaking environmental laws and worker safety laws by moving their factories to other countries.

Follow the laws of the U.S., or don't sell your products here.

Pretty simple really.

[Ksec]

7. To make this outsourcing a thing of the past stop buying their products

Do without If there are no American made. We hold all the power in our wallets and purses. I can gauruntee , without a single doubt this is that simple. Until we do it wont stop. I think the country has become fat and lazy, so lazy they cant move into action.