Quote:
Originally posted by ARTelevision
Thanks for the feedback, Cynthetiq. Discussing implications of the inevitable globalization of nations' economies is probably beyond the scope of this thread. What do you think?
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yeah, much further in scope, a whole different debacle, but a nod did need to be made towards it which was well put by you.
There are some interesting twists to the globalization of the marketplace. I'm wondering just how it works for some of the companies like Honda, Daimler Chrysler, et. al.
I know they pay American taxes, but they did get subsidies and breaks in order to build factories in the US. I'm not sure of how they pay taxes within their homelands.
America is one of the few if not only country that demands that it's citizens pay tax on income no matter where they live or where that income was derived.
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