logo
  Join        Login             Stock Quote

Unemployment Problem

 September 06, 2011 12:10 PM


My proposal on how to help with unemployment:

1. If more than 20% of corporation's expenses are over-sea's expenses (whatever the expenses are: supplies, customer support, development, etc) than this corporation has to pay additional 15% tax.

This will make the corporation to think where to expend their business (over-sea or in USA) and will make small and medium businesses stronger and more competitive to the big corporations. We have to make sure that 'Made in USA' can compete with 'made in China' and 'Made in India'. We have to make sure that customer support to American customers is provided by Americans. We have to change the dogma that Americans are consumers and the rest of the world sells to Americans. We can work and we want to work.

2. The exemption from the p.1 are the companies that has more than 50% of profit coming from export (companies that deal with natural resources, oil, mining and other companies should not be covered by this exemption).

We need to balance import/export and we need to protect those who exports and those who sell "Made in USA" outside of USA.

3. If a company shows the grow in the number of employees (not over-sea's employees) that worked for more than 1 year in this company then this company is entitled for the equivalent tax deduction (max 5%). The companies that deal with natural resources, oil, mining and other companies should not be covered by this tax exemption.

It should definitely attract the companies, small and big to open new working places and make it easier for them to invest the money they have into the company's expansions.

4. Addition to the p.3: If a company sponsors two full time students in USA (not over-sea) for a year (tuition fees and leaving expenses) then it should be equivalent to one new working place for the tax deduction in the p.3.

If we want to compete with the rest of the world we have to think about education. People with good education and good qualification have more potential to start a new business.

I could add more points, but I think it is enough for you to start thinking instead of listening manipulative speeches of the politicians. If the politicians cannot find the way they have to hear our voice.

Do you think if we would have such policies it would increase the revenue, it would help with trade balance and it would reduce the unemployment? If your answer is yes, and you like it then

SHARE IT
and Pass it to those who you voted for and those who you are going to vote for.

iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageChart Says This Retailer's Comeback Isn't Finished

One of the surprises, at least on the surface, of the market's recent swoon was the outperformance of read on...

article imageETF Performance Review: Major Asset Classes | 19 Dec 2014

It’s all about real estate investment trusts (REITs) these days when it comes to bullish performance among read on...

article imageOil and Global Stock Markets Rebounding Sharply

So far so good on our expectation of a 4 to 5% pullback and then a resumption of the bull read on...

article imageGrading the FOMC

Love its members or loathe them, you have to admire the gradual impact the policy-making committee has had read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center

Related Articles:

Oil and Global Stock Markets Rebounding Sharply
More Articles on: Finance



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.