Europe Is Beating The United States At What? You're Kidding, Right?

[Mauser 98K]

http://boortz.com/nuze/index.html


For those of you who have dedicated your leisure time and thoughts to American Idol, this will mean absolutely nothing to you. Thankfully most of the people who listen to the show and read Nealz Nuze care about more things than whether or not that weird kid is going to ruin the competition.

There was an amazing story yesterday that got absolutely no traction whatsoever, though it should have. The Financial Times reported that for the first time since before World War I ... that's World War I, not World War II ... Europe passed the United States in the total value of all of the outstanding stocks in domestic stock markets. The Financial Times reports that some of the factors that are contributing to Europe's emergence as the world's leading capital marketplace are the rise of the Euro against the Dollar, the growth of East European markets and increased profitability of European corporations.

One of the driving factors here is the profitability edge the European corporations have because of the difference in tax structures. The United States punishes corporations through its tax system, while many European nations create a much more favorable tax climate. There is a reason why Chrysler moved to Europe when it merged with Daimler instead of Daimler moving to America. I've seen research which shows that the tax treatment operating out of Germany created an 14% advantage.

Now I know that many Americans .. perhaps most ... just love to hear their politicians talking about taxing businesses and corporations. After all, they think, every dollar of taxes these corporations pay will be a dollar we don't have to pay. Those of you not educated in government schools will know this to be a fallacy. Taxes, among other things, roll downhill. Every single penny of taxes paid to the Imperial Federal Government of the United States by businesses and corporations are rolled down the money line to the ultimate consumer; and the ultimate consumer is the individual. Everything you buy in the retail marketplace contains that embedded tax ... averaging about 22%.

OK ... this brings us to the FairTax, and now you see another reason why we need this tax reform now and not later. For those of you new to the FairTax and to Nealz Nuze, I'm not going to explain this tax reform plan right here. You can read about it at the website for Americans for Fair Taxation, or you can click here to order The FairTax Book from Barnes & Noble. com. When the FairTax is implemented America becomes the world's number one tax haven for business as well as for individuals. Businesses large and small will be able to operate in America with absolutely no federal tax component on capital or labor. Business leaders around the world have made it clear that if the United States were to implement the FairTax they would immediately make plans to locate their next manufacturing plant, distribution center or production facility right here -- right here in the U.S.

Right now we have a political party running the Congress that is dedicated to the cause of raising taxes on both businesses and business owners. The Democrats are determined to preserve their control of the Congress ... and the way to do that is to buy enough votes - to make enough people dependent on them and their government - that losing control would be next to impossible. To do that the Democrats need money. Lots of it. They will gladly sacrifice the dominance of America in the world of free enterprise in order to maintain that power.

Those of you who have any problem whatsoever with the emergence of Europe as the world's leader in business might want to get on board.Click here to sign the FairTax petition. We're trying to get 100,000 signatures by tax day. Learn about the FairTax. Study the website, read the book. Talk to your elected representatives. Tell them you are not only familiar with the FairTax, but you are also familiar with the lies being told to discredit the idea. Become proactive. America deserves to be number one. With our current tax system we're going to lose that race.

[Lakie]

If the world starts using the Euro as the global currency then no amount of domestic effort can stop it, especially if the OPEC starts trading in Euros and not US $, which the progresively are, the whol US currecny becomes worthless as its not backed by anything...

Its just like the end of Bretton Woods in the late 60's all over again...

[Bustin]

Imperial Federal Government

One of the good things about our Imperial Federal Government is that the people actually control the tax fluctuation a lot more than you seem to think.

Honestly if you read into this more you'll find the reason a lot of companies moved outside the states was because of leaner regulations, and lower wage requirements which in turn will increase their profit exponentially each year.

[Chrispy]

Umm... okay...

NZ beats the US at a lot of things though, lol.

Chris

[Mauser 98K]

1 of the reasons that a lot of companys went out of the US is because yes leaner regulations, and lower wage requirements which in turn will increase their profit exponentially each year, but 1 reason is because the unions have about priced themselves out of a job, if you can pay some1 in another country a few cents to a few dollar an hour compaired to 20-40$ an hour here and ship it here for less then what ya gona do?
and also the government has always raised the taxes on them companies saying the companies dont pay their fair share, and naturally people went along with it because that means they wouldnt be taxed as much.

taxing these big coorperations never work, they will move over seas, so then the government isnt getting the taxes they were so they raise them even more, and so there are more companys that move out of the US and somewhere else and so the government isnt getting the taxesthey were getting b4, so on goes the cycle till there are no more producer companys in the us and only consumers.


but inso doing all the producing companys are moving out of the US and in so doing the only people that will remain is the consumers and if something happens and we cant buy from outside the US then we are screwed because there are nolinger any big producers in the US anymore.

all these other countries have to do is say that we arnt gona allow export to you so we get cut off, NAFTA, North America Free Trade Agreement, was in fact our government cutting our own throat, we have ensured our eventual distruction by becomeing to reliant on other countries for our supplies and materials, and if we get embargoed we the american people will have depleate the supply of materials in a matter of months.

and if the US isnt producing anything, and if we keep sending our money over to other countries because our companies have went over seas, and no1 is buying from us because we dont have anything to sell, the economy will drop like a rock, hello depression, goodbye market economy..