Question

3. There has been some articles written about taxing jobs that are outsourced overseas. Would taxing...

3. There has been some articles written about taxing jobs that are outsourced overseas. Would taxing outsourced jobs help keep jobs here in the US? How could the government penalize businesses that send US jobs overseas? Is it even possible?

Homework Answers

Answer #1

" In most countries taxes are liable to be paid to country/state in which the Goods or service are consumed at final stage.

Also, Exports are promoted in almost all countries & no taxes are charged on it.

So it is totally feasible to charge tax on Import of Goods or services. And as the Exporter belong to different country, usually importer is liable to pay tax on all the imports.

This is followed currently in real world so it's not the mere article.

Hope this makes contribution to your success. Hit Like to motivates the experts to provide quality solutions.

Any feedback will also be appreciated.

Best of luck?"!  

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