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	<title>Comments on: Should Obama Close Loopholes on Overseas Profits?</title>
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		<title>By: melro52</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-204688</link>
		<dc:creator>melro52</dc:creator>
		<pubDate>Sat, 15 Aug 2009 14:49:20 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-204688</guid>
		<description>Personally, I&#039;d like to see the guillotine in the market square revived</description>
		<content:encoded><![CDATA[<p>Personally, I&#39;d like to see the guillotine in the market square revived</p>
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		<title>By: mtnmarathoner</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-197712</link>
		<dc:creator>mtnmarathoner</dc:creator>
		<pubDate>Thu, 30 Jul 2009 20:17:54 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-197712</guid>
		<description>Absolutely not! This is about American corporations which establish overseas subsidiaries to produce and/or sell in local markets there, just as Japanese auto makers do in the US. Profits of those non-US subsidiaries help to pay for headquarters, research operations, etc., here in the US, i.e., they help pay for US jobs. If and when those ... Read MoreAmerican corporations bring foreign-generated profits home to the US, they pay US taxes on them, unlike many foreign country corporations (French, German, etc.) whose home countries DON&#039;T EVER tax their foreign profits. That already makes it harder and more costly for American corporations to compete with their foreign competitors. Now the Dems want to tax those foreign profits even if they&#039;re NEVER brought back to the US. That will just make it still harder for US corporations to compete outside the US. Dems don&#039;t care if they kill US jobs (they don&#039;t like industry), they just want more $$ for their own extravagant spending plans.</description>
		<content:encoded><![CDATA[<p>Absolutely not! This is about American corporations which establish overseas subsidiaries to produce and/or sell in local markets there, just as Japanese auto makers do in the US. Profits of those non-US subsidiaries help to pay for headquarters, research operations, etc., here in the US, i.e., they help pay for US jobs. If and when those &#8230; Read MoreAmerican corporations bring foreign-generated profits home to the US, they pay US taxes on them, unlike many foreign country corporations (French, German, etc.) whose home countries DON&#39;T EVER tax their foreign profits. That already makes it harder and more costly for American corporations to compete with their foreign competitors. Now the Dems want to tax those foreign profits even if they&#39;re NEVER brought back to the US. That will just make it still harder for US corporations to compete outside the US. Dems don&#39;t care if they kill US jobs (they don&#39;t like industry), they just want more $$ for their own extravagant spending plans.</p>
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		<title>By: VNOHosting &#187; Should Obama Close Loopholes on Overseas Profits? &#124; The Moderate Voice</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196821</link>
		<dc:creator>VNOHosting &#187; Should Obama Close Loopholes on Overseas Profits? &#124; The Moderate Voice</dc:creator>
		<pubDate>Mon, 27 Jul 2009 16:03:53 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196821</guid>
		<description>[...] the rest here: Should Obama Close Loopholes on Overseas Profits? &#124; The Moderate Voice   This entry is filed under Finance. You can follow any responses to this entry through the RSS 2.0 [...]</description>
		<content:encoded><![CDATA[<p>[...] the rest here: Should Obama Close Loopholes on Overseas Profits? | The Moderate Voice   This entry is filed under Finance. You can follow any responses to this entry through the RSS 2.0 [...]</p>
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		<title>By: GeorgeSorwell</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196784</link>
		<dc:creator>GeorgeSorwell</dc:creator>
		<pubDate>Mon, 27 Jul 2009 13:41:55 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196784</guid>
		<description>Congratulations on calling up Professor Desai and doing some original reporting. Seriously, I hope you&#039;ll feel encouraged to do more of that. &lt;br&gt;&lt;br&gt;I completely agree that the tax code could use a lot of sensible revision, including incentives for keeping business (especially manufacturing) here in the US. Where I live, at least one large manufacturer farmed the federal and state governments for payments--bribes--to keep jobs here, only to more production to the third world because their plant had gotten outmoded. I believe those payments were intended to encourage improvements in capacity. &lt;br&gt;&lt;br&gt;While I&#039;m kind of sympathetic to the complaints Austin Roth made, I have to note that we&#039;ve spent ourselves into enormous an deficit because we were unwilling to collect the tax revenue required for government services we needed (or, maybe, just wanted, but the deficit is still there). &lt;br&gt;&lt;br&gt;I&#039;m also more in favor of free trade than Jazz, but it&#039;s hard to believe that these 7,000 mile-long supply chains are sustainable without the intervention of someone&#039;s government.</description>
		<content:encoded><![CDATA[<p>Congratulations on calling up Professor Desai and doing some original reporting. Seriously, I hope you&#39;ll feel encouraged to do more of that. </p>
<p>I completely agree that the tax code could use a lot of sensible revision, including incentives for keeping business (especially manufacturing) here in the US. Where I live, at least one large manufacturer farmed the federal and state governments for payments&#8211;bribes&#8211;to keep jobs here, only to more production to the third world because their plant had gotten outmoded. I believe those payments were intended to encourage improvements in capacity. </p>
<p>While I&#39;m kind of sympathetic to the complaints Austin Roth made, I have to note that we&#39;ve spent ourselves into enormous an deficit because we were unwilling to collect the tax revenue required for government services we needed (or, maybe, just wanted, but the deficit is still there). </p>
<p>I&#39;m also more in favor of free trade than Jazz, but it&#39;s hard to believe that these 7,000 mile-long supply chains are sustainable without the intervention of someone&#39;s government.</p>
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		<title>By: Leonidas</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196781</link>
		<dc:creator>Leonidas</dc:creator>
		<pubDate>Mon, 27 Jul 2009 13:26:20 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196781</guid>
		<description>Lets try something else instead, like lowering the corporate tax rate to levels competitive with the rest of the industrialized world.  You know, give businesses a reason to stay in the US and hire US workers and increase production.</description>
		<content:encoded><![CDATA[<p>Lets try something else instead, like lowering the corporate tax rate to levels competitive with the rest of the industrialized world.  You know, give businesses a reason to stay in the US and hire US workers and increase production.</p>
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		<title>By: maruharish</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196741</link>
		<dc:creator>maruharish</dc:creator>
		<pubDate>Mon, 27 Jul 2009 04:53:33 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196741</guid>
		<description>I have wondered why business leaders rarely   come forward saying,it may hit business profits in short term but it is good for the nation and  we can adapt in the long run.So we support tax reforms.&lt;br&gt;&lt;br&gt;May be the common people should call them &#039;business brats&#039; and not leaders.</description>
		<content:encoded><![CDATA[<p>I have wondered why business leaders rarely   come forward saying,it may hit business profits in short term but it is good for the nation and  we can adapt in the long run.So we support tax reforms.</p>
<p>May be the common people should call them &#39;business brats&#39; and not leaders.</p>
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		<title>By: kathykattenburg</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196693</link>
		<dc:creator>kathykattenburg</dc:creator>
		<pubDate>Sun, 26 Jul 2009 21:51:45 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196693</guid>
		<description>Jazz,&lt;br&gt;&lt;br&gt;I greatly enjoyed reading this post. Good for you for interviewing an expert, especially one with whom you don&#039;t completely agree -- that&#039;s definitely something I need to do as well (interviewing experts, and some with whom I don&#039;t agree, both). I think that gave your post greater authority and depth. I liked that you gave space to both points of view. Maybe I end up feeling this way because I fall on your side of the opinion divide, but I really do think the dispassionate way you approached this made it a much more interesting and informative read.&lt;br&gt;&lt;br&gt;Thank you.</description>
		<content:encoded><![CDATA[<p>Jazz,</p>
<p>I greatly enjoyed reading this post. Good for you for interviewing an expert, especially one with whom you don&#39;t completely agree &#8212; that&#39;s definitely something I need to do as well (interviewing experts, and some with whom I don&#39;t agree, both). I think that gave your post greater authority and depth. I liked that you gave space to both points of view. Maybe I end up feeling this way because I fall on your side of the opinion divide, but I really do think the dispassionate way you approached this made it a much more interesting and informative read.</p>
<p>Thank you.</p>
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		<title>By: AustinRoth</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196647</link>
		<dc:creator>AustinRoth</dc:creator>
		<pubDate>Sun, 26 Jul 2009 18:02:17 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196647</guid>
		<description>Yes, this is a fantastic idea. Let&#039;s cripple US-based multi-nationals ability to compete in the Global Marketplace.&lt;br&gt;&lt;br&gt;Then, when they pull back, re-incorporate in foreign companies, or just flat out lose to foreign companies who are tax-advantaged over them, we can all cry about the continuing loss of American economic prowess.&lt;br&gt;&lt;br&gt;Seriously, between disastrous spending initiatives, repressive tax plans, and anti-business populism, could any government that set out in a conscious attempt to knee-cap America financially even more do any better a job than what the Obama administration is accomplishing with what they are trying to foist upon us?</description>
		<content:encoded><![CDATA[<p>Yes, this is a fantastic idea. Let&#39;s cripple US-based multi-nationals ability to compete in the Global Marketplace.</p>
<p>Then, when they pull back, re-incorporate in foreign companies, or just flat out lose to foreign companies who are tax-advantaged over them, we can all cry about the continuing loss of American economic prowess.</p>
<p>Seriously, between disastrous spending initiatives, repressive tax plans, and anti-business populism, could any government that set out in a conscious attempt to knee-cap America financially even more do any better a job than what the Obama administration is accomplishing with what they are trying to foist upon us?</p>
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		<title>By: Silhouette</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196645</link>
		<dc:creator>Silhouette</dc:creator>
		<pubDate>Sun, 26 Jul 2009 17:54:57 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196645</guid>
		<description>I was gonna say....&lt;br&gt;&lt;br&gt;Big messes require big fixes.  I always chuckle when those made filthy rich by bending America over at the waist and having their way with her suddenly cry foul when the handcuffs are slapped on hard..&lt;br&gt;&lt;br&gt;Oh Boo-Friggin-Hoo...</description>
		<content:encoded><![CDATA[<p>I was gonna say&#8230;.</p>
<p>Big messes require big fixes.  I always chuckle when those made filthy rich by bending America over at the waist and having their way with her suddenly cry foul when the handcuffs are slapped on hard..</p>
<p>Oh Boo-Friggin-Hoo&#8230;</p>
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		<title>By: Silhouette</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196644</link>
		<dc:creator>Silhouette</dc:creator>
		<pubDate>Sun, 26 Jul 2009 17:50:21 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196644</guid>
		<description>Well personally I think that people who sell-out America to the point of financial collapse and put our nation at risk strategically therefore should hang by their silk neckties...&lt;br&gt;&lt;br&gt;But yeah, we can settle for this compromise and possibly stiff prison sentences for selling out America.</description>
		<content:encoded><![CDATA[<p>Well personally I think that people who sell-out America to the point of financial collapse and put our nation at risk strategically therefore should hang by their silk neckties&#8230;</p>
<p>But yeah, we can settle for this compromise and possibly stiff prison sentences for selling out America.</p>
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		<title>By: Posts about Home Sales as of July 26, 2009 &#124; Real Estate Market Reports</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196649</link>
		<dc:creator>Posts about Home Sales as of July 26, 2009 &#124; Real Estate Market Reports</dc:creator>
		<pubDate>Sun, 26 Jul 2009 17:18:19 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196649</guid>
		<description>[...]  [...]</description>
		<content:encoded><![CDATA[<p>[...]  [...]</p>
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		<title>By: Multinational Corporations &#187; Blog Archive &#187; Should Obama Close Loopholes on Overseas Profits? - The Moderate Voice</title>
		<link>http://themoderatevoice.com/40755/should-obama-close-loopholes-on-overseas-profits/comment-page-1/#comment-196629</link>
		<dc:creator>Multinational Corporations &#187; Blog Archive &#187; Should Obama Close Loopholes on Overseas Profits? - The Moderate Voice</dc:creator>
		<pubDate>Sun, 26 Jul 2009 15:54:12 +0000</pubDate>
		<guid isPermaLink="false">http://themoderatevoice.com/?p=40755#comment-196629</guid>
		<description>[...] Read more of this article click here &#8211;&gt; multinational - Bing News [...]</description>
		<content:encoded><![CDATA[<p>[...] Read more of this article click here &#8211;&gt; multinational &#8211; Bing News [...]</p>
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