Economies Around The World

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Different Companies Have Severely Damaged our Economy

Outsourcing Isn't What Your Company Needs

One common misconception about outsourcing is that it is key to a companies success. Other second and third world countries are willing to take little pay in order for Americans to give away our technology to them. When a company outsources, the workers copy their technological advancements. By outsourcing your company, you're stealing American jobs.

With the recent decline in US jobs, I have debated over how America should address the issue. My solution, I believe a bill should be passed putting a tax on outsourcing companies' factories in the US. This will work by putting a property tax claiming that in order to be considered an 'American' company, their headquarters must be located in the US. This will, in turn, reduce the amount of outsourcing. In addition, there needs to be a tax on imported goods too. As a bonus, when outsourcing is reduced to a minimum, income tax won't be as heavy considering it's spread across multiple companies.