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Is it true that Obama plans to tax corporations who out source?

Posted by admin on Dec 28th, 2008
corporation tax
♡♪sing♪♡ asked:


Ive heard that Obama is planning on making a high tax for those corporations who like to outsource (*COUGH*FRIGGIN SALLIE MAE *COUGH*). Is this true? If not, do you think it should be, cause God knows I do! JEEBUS! DX

3 Responses

  1. #1 p h

    Yes, indeedy they need to move home!

  2. #2 Peggy I

    Not add taxes on them, just eliminate their tax deductions.

  3. #3 Lizz K

    it depends on the company if the company can up and move it’s bad. Like walmart which will be hit extremely hard if it effects importing. And since compatition keeps prices low. The consumer will just take the price increase a company isn’t going to pay more we will. Just like where i live it was a mild winter so the energy company got a price increase. the mild winter isn’t going to cost them but cost us. what happened when gas prices went up. Goods went up in price or portions got smaller. So outsourcing is also bad because of loss of jobs. but raising tax i don’t know if it’s the answer. it’s an endless cycle and the tax payers will get hit if walmart does they aren’t going to pay. so my answer is partial i think most people don’t understand how things are effected by price increases to a company they have to make that back and they will through us

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