What if China Buys the Dodgers?

[vintagetoppsguy]

Originally Posted by slidekellyslide

You guys actually have me wrong...I totally blame US corporations for shipping jobs overseas and I don't believe it has one damn thing to do with corporate tax rates..it has to do with cheap labor

I can't speak for all corporations, but I can tell you why my former company moved overseas. Corporate Tax Rates. That simple. We moved from Clinton, New Jersey to Geneva, Switzerland. As far as operations go, absolutely nothing changed. We moved about half a dozen guys to Switzerland to the new corporate office and didn't miss a beat.

I know some companies are moving to China for the cheaper labor, but I don't think that's the only deciding factor. From what I understand anyway, their labor rates are going up. I think the tax breaks have a lot more to do with it.

Either way, the government has to get that revenue from somewhere, right? So what happens when all the major corporations move overseas? They will raise the taxes of small businesses (mostly mom and pop type) to make up for it. It's coming.

[slidekellyslide]

Originally Posted by vintagetoppsguy

I can't speak for all corporations, but I can tell you why my former company moved overseas. Corporate Tax Rates. That simple. We moved from Clinton, New Jersey to Geneva, Switzerland. As far as operations go, absolutely nothing changed. We moved about half a dozen guys to Switzerland to the new corporate office and didn't miss a beat.

I know some companies are moving to China for the cheaper labor, but I don't think that's the only deciding factor. From what I understand anyway, their labor rates are going up. I think the tax breaks have a lot more to do with it.

Either way, the government has to get that revenue from somewhere, right? So what happens when all the major corporations move overseas? They will raise the taxes of small businesses (mostly mom and pop type) to make up for it. It's coming.

Did your former company actually move to Switzerland or do they just have a small office there which they call their company headquarters? Most American companies based in Switzerland have nobody there except a receptionist...that will be changing soon..or maybe already has?

[vintagetoppsguy]

Originally Posted by slidekellyslide

Did your former company actually move to Switzerland or do they just have a small office there which they call their company headquarters? Most American companies based in Switzerland have nobody there except a receptionist...that will be changing soon..or maybe already has?

No, they just have a small office there which they call their company headquarters. Other than that, nothing really changed.

[tiger8mush]

no problem with playing Devils Advocate, Dan!

I just don't like the idea of American Industry being owned by foreign countries. The profits will leave our country. Will a China-owned Dodgers be better than no Dodgers at all? I don't know the answer to that haha.

Like ya'll have said, US Corporations are setting up shop outside of the US so they are evading the US taxes. Between US taxes and employee insurance and other fees its more beneficial for them to be based overseas. They store the money offshore until the US lets them bring back the billions of dollars at a reduced tax rate like every 10 years or whatever. The politicians so far haven't done anything to remedy this and it'll only get worse if something isn't done.

[slidekellyslide]

I would rather the Dodgers be owned by an American too FWIW...I wasn't real thrilled when Newscorp (Rupert Murdoch) bought them. I'm not sure what MLB has against Mark Cuban..he should have been the owner of the Cubs...maybe he can get in on the Dodgers?

[xdrx]

Originally Posted by slidekellyslide

I would rather the Dodgers be owned by an American too FWIW...I wasn't real thrilled when Newscorp (Rupert Murdoch) bought them. I'm not sure what MLB has against Mark Cuban..he should have been the owner of the Cubs...maybe he can get in on the Dodgers?

I think Bud is still irked about the Missile Crisis in '62.

[DaClyde]

Originally Posted by xdrx

I think Bud is still irked about the Missile Crisis in '62.

Oh...I get it now....the Bay of Pigs fiasco was something to do with the Brewers' sausage races! It's all so clear! That's probably also why Panini can't get a license to produce baseball cards.

[E93]

Originally Posted by slidekellyslide

I would rather the Dodgers be owned by an American too FWIW...I wasn't real thrilled when Newscorp (Rupert Murdoch) bought them.

+1 I thought it was the darkest day in franchise history until the McCourts. Bring back the O'Mallys!
JimB

P.S. Who among those who don't like foreigners owning business interests in America are boycotting Fox "News"?

[Section103]

Makes no difference to me. I'd still hate them with every fiber of my being.

Go Giants!

[vintagetoppsguy]

Originally Posted by E93

P.S. Who among those who don't like foreigners owning business interests in America are boycotting Fox "News"?

Kinda hard to ignore Fox "News" when they hold 13 of the top rated 15 (and all of the top 12) cable news shows on TV and is BY FAR the top rated and most trusted source for television news. Funny how the Kool Aid drinkers criticize Fox "News" when they've probably never even spent 2 minutes to watch it. I've never seen another cable news show with a more balanced line up of journalists and contributors. How about Alan Colmes, Bob Beckel, Doug Schoen, Geraldo Rivera, Juan Williams, Mara Liasson (I could go on and on, but those are the more famous ones) who are all liberals and are always invited to give their point of view. Can somebody tell me when was the last time Keith Olberman, Brian Williams or Chris "I felt this tingle going up my leg" Mathews had a conservative on their show to give their point of view? I would to hear the answer, but I doubt the Kool Aid drinkers have anything to say.