Hillary Clinton commercial

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Originally posted by: DonDiego

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Originally posted by: pjstroh
So what specific policy has Hillary promised that will make it harder to "exit a business"?

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Wall Street Journal: Hillary Clinton Plans a Corporate 'Exit Tax'

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Originally posted by: pjstroh

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Originally posted by: DonDiego

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Originally posted by: pjstroh
So what specific policy has Hillary promised that will make it harder to "exit a business"?

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Wall Street Journal: Hillary Clinton Plans a Corporate 'Exit Tax'

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Much obliged !!!

Hillary wants to tax US companies that merge with foreign companies as a means to dodge their US taxes. You've seen it happen many times - one of the more recent examples being Pfizer. I don't know that taxing a company in such a scenario is a horrible thing....but I am sure there is probably not single small businessman that will forego starting a barber shop out of fear that he cant move it to China at some point. But Boilerman and I can agree to disagree on this point.

In any event - Donald Trump has also promised to crack down on companies that want to relocate. He's simply said they wont be allowed to do so. His policy isn't more clear than that - so our gentle readers will have to extrapolate what that means. Boilerman's small businessman might want to take this into consideration.

Unfortunately for Boilerman there is no candidate that is running on a pro-inversion platform. I cant imagine there's a large constituency for such a platform outside the realm of corporate executives.

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Originally posted by: pjstroh

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Originally posted by: DonDiego

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Originally posted by: pjstroh
So what specific policy has Hillary promised that will make it harder to "exit a business"?

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Wall Street Journal: Hillary Clinton Plans a Corporate 'Exit Tax'

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Much obliged !!!

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Originally posted by: lvfritz
I think many are missing the point here. The larger question is why would any company WANT to leave the USA? And what can be done to fix THAT. Taxing people who want to leave us? Just doesn't make sense to me.

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Originally posted by: IndyBoilerman
Why build a plant in the US when costs continue to escalate?

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Originally posted by: pjstroh

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Originally posted by: IndyBoilerman
Why build a plant in the US when costs continue to escalate?

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I cant imagine why anyone would build a plant in the US if they were already planning an exit strategy to China as per your original post.

But if thats a big problem for you I suggest you consult your own candidates postion on the specific example of Carrier (which you apparently object to).

Trump on Carrier

"You're gonna pay a damn tax when you leave this country and you think you're going to sell product because we're all so stupid," Trump said.

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Originally posted by: IndyBoilerman
Every good business plan includes the projected cost to enter the business and the projected cost to exit the business, if need be. PJ, am I not correct that you studied business in college, and if so did you skip class during that huge business plan project? At Boilerland, we had many such business plan projects, and each included an exit plan.

As the cost to exit a business increases, the financial downside and risk of the project increases. Business do not like increased risk without increased reward, thus such policy is a hindrance to business creation and expansion within the US. Why does this seemingly intuitive concept escape so many?

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Originally posted by: IndyBoilerman
Every good business plan includes the projected cost to enter the business and the projected cost to exit the business, if need be. PJ, am I not correct that you studied business in college, and if so did you skip class during that huge business plan project? At Boilerland, we had many such business plan projects, and each included an exit plan.

As the cost to exit a business increases, the financial downside and risk of the project increases. Business do not like increased risk without increased reward, thus such policy is a hindrance to business creation and expansion within the US. Why does this seemingly intuitive concept escape so many?

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I'm not sure Pfizer's plan to move their headquarters was an act of desperation to stay in business or to remain competitive. I think it had alot more to do with finding a legal way to cheat on their taxes.

But I dont see any difference between Trump and Hillary's desire to punish companies who engage in this behavior. You seem to single out one candidate while ignoring the other on this very specific policy position despite the fact they both agree.

Perhaps you're not angry about policy so much as you are Democrats.

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