Home/Recent kwiples > Issues >

offshoring

Friday 19th of April 2024

Globalization Ideally, you'd have every plant you own on a barge to move with currencies and changes in the economy. Jack Welch © 2017 Kwiple.com
Innovation To innovate, you must make  saying at DARPA [Defense Advanced Research Projects Agency] © 2017 Kwiple.com
Offshoring A 2006 report by the U.S. Government Accountability Office found that much administration of state government programs had been shifted offshore, including —in what seemed like a cruel joke— the processing of unemployment insurance claims. Timothy Noah, The Great Divergence © 2015 Kwiple.com
Offshoring Some firms recognise that outsourcing production to cheaper locations has eroded innovation, says Ludovico Alcorta at UNIDO [United Nations Industrial Development Organization]. When production is moved elsewhere, opportunities to learn how to do it do it better are often lost. The development of new products and processes can suffer, as can interactions with research organisations and universities. Economist, January 14, 2017 © 2017 Kwiple.com
Offshoring You can tell them to go fuck themselves. Donald Trump, on businesses that went offshore because, “we're the highest-taxed nation in the entire world,” which is false even for the top marginal corporate income tax rate © 2016 Kwiple.com
 
Taxes Under the new law, income made by American companies' overseas subsidiaries will face United States taxes that are half the rate applied to their domestic income, 10.5 percent compared with the new top corporate rate of 21 percent. … Under the new rules, beyond the lower rate, companies will not have to pay United States taxes on the money they earn from plants or equipment located abroad, if those earnings amount to 10 percent or less of the total investment. New York Times, January 8, 2018 © 2018 Kwiple.com