The Pros And Cons Of Offsetting The Tax In Canada

164 Words1 Pages
Part of the reason it cost so little in Canada and the rest of the world is that the US is offsetting the price in the first place. I’m not defending it. I think it’s deplorable. Everyone thinks the US is the richest country in the world, “So let them pay.” We pay for everything, for everyone!

Meanwhile, eight of the largest US tech companies have over $2 Trillion sheltered overseas to avoid taxes. This includes Microsoft, Apple and Google! General Electric has $119 billion outside the US.

As citizens this hurts us all. We should consider this treason. The tax laws must change. Any company sheltering overseas should be fined heavier than if they simply paid their taxes! Like him or not Obama proposed a tax cut for the businesses that would