I propose that we:
- Give tax incentives to U.S. companies that have a majority of employees in the U.S. More jobs always equals more spending. Anyone who says otherwise is either lying or a complete dumbass.
- Give tax penalties to U.S. corporations who do not have a majority of their employees in the U.S. In the past 11 years these companies have added 2.4 million jobs over seas while eliminating 2.9 million here.
- We need to make it cheaper or equal to adding employees in America than globally.
- Caterpiller's earnings increased 44% to $1.02 billion in the second quarter alone, but was not enough to satisfy wallstreet. (Wall Street and the greedy pigs who profit from it should be blown the fuck up, but that's another story).
- G.E.'s earnings increased 21% to $3.76 billion over the same time period, yet people are not getting hired stateside.
- McDonald's earnings were also very good despite raising prices on their menu. (Up 15% to $1.4 billion).
Here is the link to the article I read -
http://www.msnbc.msn.com/id/43860044/ns/business-stocks_and_economy/
I agree, that when a corporation does not support their own country, just for a bigger profit, they should at the very least get some tax penalties.
ReplyDeleteThe uneployment rate in my country is pretty high also. :/