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From what I have seen in the past (and from my own past experience), employers are very clever at finding ways around government regulations. For example, suppose you have McDonalds with a corporate headquarters in the US and all the stores are franchises. Now the profits funnel back to the US. But suppose every country had a different, independent corporation in each country - or each franchise was a separate company. License fees, or royalties still had to be paid to a McDonald's bank account in some offshore country, or a numbered account in Switzerland. Maybe the top management move to Singapore, like Proctor and Gamble did. So the New McDonalds still makes money, but it doesn't flow through the US - and nobody pays anything and nobody gets health insurance. That's the kind of trickery we are going to see to avoid new taxes. Romney knows how to do that; Obama doesn't have a clue what you are talking about.
From what I have seen in the past (and from my own past experience), employers are very clever at finding ways around government regulations. For example, suppose you have McDonalds with a corporate headquarters in the US and all the stores are franchises. Now the profits funnel back to the US. But suppose every country had a different, independent corporation in each country - or each franchise was a separate company. License fees, or royalties still had to be paid to a McDonald's bank account in some offshore country, or a numbered account in Switzerland. Maybe the top management move to Singapore, like Proctor and Gamble did. So the New McDonalds still makes money, but it doesn't flow through the US - and nobody pays anything and nobody gets health insurance.
That's the kind of trickery we are going to see to avoid new taxes. Romney knows how to do that; Obama doesn't have a clue what you are talking about.
