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(3) That an L-1 visa holder pays no federal income tax? L1’s are classed as contract labor and are intended to be paid at the rate from their home country. So far so good. He pays no tax here. But the L-1 holder is here, using our services, infrastructure, and support systems and yet contributes nothing to their upkeep. To that extent he is subsidized by the taxpayer again.
I could provide more examples but these are sufficient.
The problem is structural and needs to be changed. The rules should be simple — Work Here, Pay Here. Americans will compete, we’ve done it throughout our history. But we expected that when the teams took the field you advanced the ball from the 20 yard line. The way it is right now, the visiting team is spotted at the 50.
My second observation is more theoretical and is a question. Are we globally gaining or losing in net income? That is, are we in a race to the bottom salary wise or are we bringing lower global economic groups up? I do not have the numeric answer but observation seems to confirm a race to the bottom. If that is the case then America as an economy is headed for trouble for it will do no one any good to have $2 shirts on the shelves if no one can afford them for lack of a job.
Henry Ford, a pioneer and a devout capitalist, ironically did the exact opposite of what the current crop of CEO’s are doing. He raised wages (rather than lower them which is the effect of outsourcing). And why? It was not because Henry was being generous. He was a pious penny pincher. Mr. Ford knew that one way to increase sales of his product was to have more customers. And what a better way to have more customers than turn to his very own employees making the product? Shrewd, it and earned Ford Motor Co. 30% increase in sales the very first year.p>That the American scholastic system is a shambles there is no doubt. Advances in technology require more education and less brawn in the marketplace. But please let us be honest with ourselves. The current visa system for foreign workers is broken and to the determent of the native born. The tax system needs reform to reflect the global marketplace. And CEO’s have gotten lazy. br> — John McGinnis br> Arlington, Texas /p> p> Wow! Amen! Thanks for the fine defense of free trade. We don’t hear it often enough in our political world of panderers, apologists, and union sycophants. br> — Mac Davis /p> p> Do Schumer, Kerry and PCR tolerate the fact that the Japanese Central Bank is outsourcing its Yen to buy a gazillion U.S. dollars to support the U.S. trade and budget deficits?
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?