Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Corporations who out source, yet still receive US tax subsidies & benefits.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 02:16 PM
Original message
Corporations who out source, yet still receive US tax subsidies & benefits.
Edited on Wed Apr-20-11 02:18 PM by Dr Fate
Does anyone have a good website or link that provides a list of such corporations?

Thanks,

Doc
Printer Friendly | Permalink |  | Top
jtrockville Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 02:27 PM
Response to Original message
1. Do you mean off-shore?
I think tons of corporations, probably literally all of them, outsource things such as payroll, cleaning crews, landscaping, etc. No reason for that to be used as a basis for denying a subsidy, is it?
Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 02:34 PM
Response to Reply #1
3. If a US business could have got the subsidy instead, then yes, our $ should be denied to outsourcers
Edited on Wed Apr-20-11 02:36 PM by Dr Fate
They have no excuse to take one penny of my pay check if they would rather give jobs to foreigners than US wokers who need the jobs.

Let small, loyal, pro-USA, US incorporated businesses have the bulk of the subsidies instead.

Yes- I mean Off-shoring, out sourcing, giving jobs to foreigners instead of Americans, giving tax breaks & cuts to billionares, making the middle class fund billionare's foreign interests- whatever centrists & conservatives are calling ripping off the USA and it's citizens these days.

Do you have a link or website that migh have some FACS, lists, etc?
Printer Friendly | Permalink |  | Top
 
jtrockville Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:03 PM
Response to Reply #3
8. Outsoucing can be done to a US company.
A US company can outsource its payroll (or its food service, or its landscaping) to a US company.
Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:16 PM
Response to Reply #8
11. Good for them. Who the hell was even talking about that? Got any links, websites that are on topic??
If so, thanks in advance.

Providing jobs to people who live in the US is not really the controversy here, but I think you knew that.
Printer Friendly | Permalink |  | Top
 
jtrockville Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:45 PM
Response to Reply #11
16. If you're searching for links, it helps to get the terms right.
Then again, if you're just demanding that others do so, I guess I can see why specificity of terms wouldn't really be that important (to you).
Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:55 PM
Response to Reply #16
17. Now that you have corrected my semantics, Got any links, info, etc? Thanks in advance.
Edited on Wed Apr-20-11 04:20 PM by Dr Fate
Since you are such an expert on "off shoring" and the "good" out-sourcing- I'm sure you would be willing to provide us all with lots of helpful facts. Again, thanks in advance.
Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 06:57 PM
Response to Reply #17
19. Still waiting for some of your research on "off-shoring."
You seemed to know so much about it before when you were busy with the important task of correcting my semantics- now that I'm ready for some facts, you bow out.
Printer Friendly | Permalink |  | Top
 
whathehell Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 02:49 PM
Response to Reply #1
6. Are you kidding?
I can't think of a reason taxpayers should

"subsidize" any big company,

let alone one who that takes their jobs away.
Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 02:55 PM
Response to Reply #6
7. Kidding? Seems like classic "centrisim." It's the "new normal."
Edited on Wed Apr-20-11 02:55 PM by Dr Fate
I wanted a handy link b/c I was arguing with a FB friend against Trump (R),but now I guess I better be honest and admit that many DEMS agree with and enable Trump.

It's okay though- I'm not arguing on FB in a partisan Democrat persona, but as a Pro-USA Liberal.
Printer Friendly | Permalink |  | Top
 
whathehell Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 04:39 PM
Response to Reply #7
18. It's not "normal", new or otherwise where I live. n/t
Printer Friendly | Permalink |  | Top
 
jtrockville Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:06 PM
Response to Reply #6
9. Outsourcing doesn't necessarily take away jobs.
I agree on corporate subsidies - if the free market can't provide, no reason to throw money at 'em to help.

But the term "outsource" doesn't imply jobs were sent overseas. That's off-shoring. Outsourcing simply means a company hires another company to do something like payroll, or cleaning, or food service, rather than hiring individual employees.
Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:22 PM
Response to Reply #9
12. It should be obvious by now that this thread is about the kind that does take away jobs.
Edited on Wed Apr-20-11 03:27 PM by Dr Fate
Off shoring, out-sourcing to other countries, tax breaks, cuts & subsidies for multi-national interests- all semantics when you boil it down. Whatever "centrists" and consertatives are calling the screwing of America this week.

Since I need to clear things up for some-do you have a link about the corporations that "off shore" jobs but are still rewarded with economic benefits by our govt? That was the orig. intent of the OP.
Printer Friendly | Permalink |  | Top
 
Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 02:27 PM
Response to Original message
2. Kicking for Dr.Fate.
Printer Friendly | Permalink |  | Top
 
JustAmused Donating Member (261 posts) Send PM | Profile | Ignore Wed Apr-20-11 02:37 PM
Response to Original message
4. When campaigning
Obama mentioned on several occasions that he would end subsidies and tax breaks for companies that outsourced. I have not anything about this issue since the election.
Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 02:39 PM
Response to Reply #4
5. I'm not even discussing Obama's successes (?) and failures on this issue- I just want the facts.
Edited on Wed Apr-20-11 02:48 PM by Dr Fate
It might be easier to list the out-sourcing corporations who DO NOT recieve such benefits, but I was just hoping someone had already compiled a good list of facts on this.

Is that why some DUers might be reluctant to help me find such a list- they are afraid it implicates Obama too much? If so, how sad.

If I were asking this question during the Bush years, I'll bet several of the everday DU regulars would already have provided detailed, essays, links, charts, graphs, etc.

If it will help- I PROMISE that the info is being used in an anti-Trump argument. LOL!
Printer Friendly | Permalink |  | Top
 
Bennyboy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:14 PM
Response to Reply #5
10. The Verbage is incorrect..."outsourced"
does not mean off shored. It means sent off to another company to do, not necessarily out of the US (pand most likely not in fact)

The verb you are looking for is "offshored"a s in moved off shore such as labor and bank accounts.
Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:24 PM
Response to Reply #10
13. Fair enough. Semantics aside- got any links?
I think most people concede that you can technically "outsource" a job to another shore as well-at least several DUers seemed to get the jist of what I meant.
Printer Friendly | Permalink |  | Top
 
wysingm Donating Member (115 posts) Send PM | Profile | Ignore Wed Apr-20-11 03:30 PM
Response to Original message
14. Looking at Big Blue for example...
Edited on Wed Apr-20-11 03:34 PM by wysingm
World's leading location for call centers? It's not India

Source: http://www.csmonitor.com/World/Asia-Pacific/2011/0419/World-s-leading-location-for-call-centers-It-s-not-India?cmpid=addthis_twitter&sms_ss=twitter&at_xt=4daef34898a0a4fb,0

Lured by tax breaks, cheap labor, and an abundance of college-educated English speakers, global outsourcing firms have flocked to the Philippines.

Big names such as IBM, Shell, HSBC, Proctor & Gamble, and the Hershey Company all have Filipinos taking and making calls on their behalf.

So gilded is the industry that the southeast Asian nation last year stole India's perch as the world's leading location for call centers. Around 600,000 Filipinos are employed in outsourcing and the government forecasts the sector to generate $12 billion to $13 billion in 2012, rising to $100 billion by 2020.

IBM Corporation

August 2010

Source: http://www.minyanville.com/special-features/articles/ibm-tax-credit-tax-break-government/8/5/2010/id/29427

IBM makes $100 billion in annual revenues, but it's not above accepting millions in taxpayer-funded incentives when cities bid to win Big Blue business.

But what happens if IBM lays off the workers whose jobs it was paid to create? Last year, the company cut roughly 10,400 jobs from its North American workforce and this year Big Blue has let thousands more go. Fortunately for IBM, it’s off the hook in terms of paying back those subsidies.

Printer Friendly | Permalink |  | Top
 
Dr Fate Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-11 03:38 PM
Response to Reply #14
15. Thanks for some facts.
Finding corporations who enage in off shoring, outsourcing outside the US, whateves, is not difficult to find at all.

What I was hoping to find is the specific subsides and economic breaks enjoyed by each off-shoring corporation, or the ones who arguably abuse the system the most. I've been googling around and there is nothing very concise- hard to beleive someone has not layed it all out...
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 10:08 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC