EWRCabincrew From United States of America, joined May 2006, 5522 posts, RR: 57 Posted (6 years 2 months 1 week 6 days 9 hours ago) and read 1118 times:
Very interesting indeed. Sends some mixed messages.
Falcon84 From , joined Dec 1969, posts, RR: Reply 1, posted (6 years 2 months 1 week 6 days 7 hours ago) and read 1083 times:
Yes, the VP's company moves overseas.
Why doesn't that surprise me?
All the Americans who had a part in this should be stripped of their citizenship, and they should have to pay a huge tax penalty for moving outside the U.S.
EWRCabincrew From United States of America, joined May 2006, 5522 posts, RR: 57 Reply 6, posted (6 years 2 months 1 week 6 days 6 hours ago) and read 1030 times:
Mixed in the sense that the move will make them no longer open for scrutiny and make then less liable for any wrong-doing (Cheney, too). Then who do we go after, they are "offshore", now what?
71Zulu From United States of America, joined Aug 2006, 2736 posts, RR: 0 Reply 7, posted (6 years 2 months 1 week 6 days 6 hours ago) and read 1018 times:
What's the big deal?
Your democrat buddy George Soros apparently has no problem with Haliburton.
IAH777 From United States of America, joined Mar 2008, 0 posts, RR: 5 Reply 8, posted (6 years 2 months 1 week 6 days 6 hours ago) and read 1011 times:
Hmmm...the UAE must be planning to invade Indonesia....
COIAHLGW From United States of America, joined Dec 2003, 154 posts, RR: 0 Reply 9, posted (6 years 2 months 1 week 6 days 5 hours ago) and read 995 times:
Just in time for the December start of the direct EK flight from IAH-DXB
Pope From , joined Dec 1969, posts, RR: Reply 11, posted (6 years 2 months 1 week 6 days 5 hours ago) and read 983 times:
Quoting Falcon84 (Reply 1): All the Americans who had a part in this should be stripped of their citizenship, and they should have to pay a huge tax penalty for moving outside the U.S.
Have you ever read the Constitution or the US tax code?
First of all there is absolutely no mechanism under the US Code or US Constitution to strip a natural born American of their citizenship. Once again your hypocrisy shows. Whenever something you oppose comes up, you seem to have no problem violating the law or the Constitution to achieve the goal you support.
Second, the US tax code has substantial penalties for outbound transfers of assets from the US. However, if you do a little bit of reading on this matter you'll see that the company remains incorporated in the US and therefore subject to US taxation on its worldwide income.
By the way, the US is one of the few countries that has a worldwide basis of taxation, a feature which is commonly discussed as a big impediment for the competitiveness of US companies operating around the world.
LTBEWR From United States of America, joined Jan 2004, 12333 posts, RR: 12 Reply 13, posted (6 years 2 months 1 week 6 days 5 hours ago) and read 970 times:
Maybe it is to avoid some of the problems under Sorbains-Oxley, they can hide some of their 'business' and documents from the prying eyes of the USA Justice department and SEC.
767Lover From , joined Dec 1969, posts, RR: Reply 14, posted (6 years 2 months 1 week 6 days 4 hours ago) and read 955 times:
Quoting LTBEWR (Reply 14): Maybe it is to avoid some of the problems under Sorbains-Oxley, they can hide some of their 'business' and documents from the prying eyes of the USA Justice department and SEC.
Nope, not possible if they are listed on a US stock exchange. They still have to comply.
ANCFlyer From , joined Dec 1969, posts, RR: Reply 16, posted (6 years 2 months 1 week 6 days 3 hours ago) and read 930 times:
Quoting Falcon84 (Reply 1): All the Americans who had a part in this should be stripped of their citizenship, and they should have to pay a huge tax penalty for moving outside the U.S.
Well, Falcon, I guess this includes the CEOs of every damn company that ever moved manufacturing and other US jobs overseas. How about US, DL, US< sending their Call Centers overseas. Should the folks that dreamed this debacle up have to move, be stripped of their citizenship, and denied their rights as Americans?
One of your more . . shall I say . . . less than stellar posts my friend. Just a rant. No basis in reality.
Quoting Falcon84 (Reply 1): Yes, the VP's company moves overseas.
By the By, it's not the VP's company. He doesn't work there any longer.
Quoting Falcon84 (Reply 3): Quoting AsstChiefMark (Reply 2):
Cheney's planning his big escape
In the humor of the moment, you could be right, though.
BHMNONREV From Australia, joined Aug 2003, 1284 posts, RR: 4 Reply 17, posted (6 years 2 months 1 week 6 days 1 hour ago) and read 898 times:
While the move over here is no surprise, the fact that Dave Lesar is the one making the move IS the surprise. We have been hearing this for several years now, and it looks like it will finally happen.
Disruptivehair From United Kingdom, joined Mar 2007, 598 posts, RR: 0 Reply 19, posted (6 years 2 months 1 week 5 days 22 hours ago) and read 880 times:
Quoting Pope (Reply 11): By the way, the US is one of the few countries that has a worldwide basis of taxation, a feature which is commonly discussed as a big impediment for the competitiveness of US companies operating around the world.
Not to mention inconvenient for US citizens living abroad. I have to file a tax return with the IRS every year even though I have no income from the US and pay taxes on my income FROM the UK...TO the UK. Only the first $80,000 or so of a salary abroad is tax-free; after that, the US tries to get its grabby hands on it and you have to file all sorts of papers to keep it away from them...if you can. I don't have to pay tax in the US on my income here, but I know people here who do. They're investment bankers on 7 figure salaries, but still...how is it fair?
ME AVN FAN From Switzerland, joined May 2002, 13874 posts, RR: 28 Reply 20, posted (6 years 2 months 1 week 5 days 21 hours ago) and read 860 times:
WHAT exactly does the term " a HQ" mean ? Does Halliburton have several HQs ? In their press-release they write
""" a corporate headquarters office """ which hints to them in future having TWO HQs, one in Houston and one in Dubai.
Pope From , joined Dec 1969, posts, RR: Reply 21, posted (6 years 2 months 1 week 5 days 19 hours ago) and read 823 times:
Quoting Falcon84 (Reply 19): I knew I could count on you to defend Halliburton, Pope. Right on schedule.
I'm not defending Halliburton because there is nothing to defend. This move doesn't reduce the US tax base one penny (in fact, if you even took the time to familiarize yourself with the tax code you talk so ignorantly about, you'd realize that this may substantially accelerate the timing of payments to the US Treasury). Second, why shouldn't a company that wants to focus on oil services be headquartered in the Middle East? You rant about the US needing to understand other cultures and then condemn companies when they take specific steps to do that.
Third, your discussion of stripping a US citizens of his rights is a complete double standard. You rant against due process violations committed by the administration against enemy combatants, yet you have no problem advocating a unilateral ex parte divestment of a US citizen's rights when he's broken no law (which stands in direct violation of the US Constitution). That's hypocrisy pure and simple.
You can try to make this about me. You can try to make it about Halliburton. But your hypocritical writings always come back to haunt you.
TedTAce From , joined Dec 1969, posts, RR: Reply 22, posted (6 years 2 months 1 week 5 days 19 hours ago) and read 814 times:
Quoting ANCFlyer (Reply 17): Should the folks that dreamed this debacle up have to move, be stripped of their citizenship, and denied their rights as Americans?
Yes. As someone who has lost 3 jobs and counting to outsourcing I'd love to see the ORIGINAL person who came up with the idea of sending call centers to India Drawn, Quarted, Beheaded and humiliated in every way possible.
Pope From , joined Dec 1969, posts, RR: Reply 23, posted (6 years 2 months 1 week 5 days 18 hours ago) and read 806 times:
Quoting TedTAce (Reply 23): Yes. As someone who has lost 3 jobs and counting to outsourcing I'd love to see the ORIGINAL person who came up with the idea of sending call centers to India Drawn, Quarted, Beheaded and humiliated in every way possible.
That person would be Adam Smith.
There is absolutely no reason why the market shouldn't adjust so that the most rational allocation of resources occurs.
The problem is you have accountants doing what they THINK is the best based on pure #'s. They 'can't' factor things in like how much more efficiently an American can work with another American to increase the productivity of BOTH. They only shortsightedly see the savings in labor and forget that someone has to WORK HARDER and LONGER with the person being underpaid on the other end to resolve the problem. Why is Dell and a few other companies moving their operations back?
25 Pope: I don't disagree one single bit. Rational allocation of resources has to incorporate the total costs versus the total benefits. But make no mistake a
26 RJdxer: Perhaps you should get the facts before making ludicrous statements like this. http://www.chron.com/disp/story.mpl/front/4621008.html 1. Halliburton
27 767Lover: People used to say the same thing about computers and IT taking away manual jobs.
28 YOWza: This is really not that big a deal. Agreed physically moving headquarters to DXB is something but if you examine Halliburton down to its core you will
29 ME AVN FAN: Maybe one of the Maktoums buys Halliburton shares in a decisive way, takes the company as a whole to Dubai, and then hires Cheney as "honorary chairma
30 YOWza: Will not happen. The company is too hot a potato for families with such influence to get their hands on. If I'm not mistaken Khalaf Al-Habtoor had so
31 BHMNONREV: Trust me, this is one divorce which will completely amicable. We (KBR) are ready to move on, and Halliburton can concentrate on the Middle East Oil a
32 RJdxer: Agreed, and Halliburton was most generous in allowing the stock swap.
33 TedTAce: How many Honda/Toyota engineers were trying to walk an American through building the car they designed? Excuse my xenophobia, but at least the jobs w
34 ME AVN FAN: - Maybe. But if so, that so-called "HQ" will be nothing else than a high-level "FIELD-OFFICE" . Unless they actually DO transfer real HQ-functions to
35 YOWza: I'm sorry, I didn't follow your point at all... care to elaborate?
36 Pope: Ted, not sure what you're trying to say here.
37 TedTAce: You give a GREAT example of countries overcomming adversity to go on to do great things. My counterpoint is that they were able to accomplish because
38 Pope: Ted, have you ever been to Asia? There's definitely a hierarcy amongst Asians. For example, Singaporean look down on Chinese. Hong Kong Chinese look
39 ME AVN FAN: simple. An office where the top guns of a company work is not necessarily the HQ, particularily if all major company functions stay in the old place.
40 Aaron747: Halliburton shouldn't be permitted to relocate until they pay up the $2.7 billion in war profiteering overcharges they still owe the government.
41 PLANAR: I remember I used to struggle and work very hard to outrun all competition to get anything, that a person in US takes so much for granted. Citizens o
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