Friday, February 27, 2015

Government Plays Tag While DHS Rests Uneasy

Sixteen months after a Government shutdown. Why did that happen?A lack of combined resolutions by the Government of the U.S. Now the Department of Homeland Security on the verge of being defunded, while the Government is playing a political, yet childish "tag" game.

So, I decided to read And Now, Homeland Security by Gail Collins
I liked her sarcastic style of writing. She is clearly not happy with the republicans and i assume republican readers would not be happy either. So clearly the people that would read this article and end up with a sort of grin on their face would be Democrats. Bashing on the Republicans stating that they cannot come up with their own policies is just  enough to figure this out. The article is solid but some information seems misguiding. As i read more about this issue i encountered an article on the Washington Post called What to expect if Homeland Security Shuts Down This Week the article clearly states that work that is "Necessary For Safety Of Life And Protection Of Property." will continue. Only about 13% of the DHS workforce would be sent home. They even went as far as to show a white house planning list of departments that were exempt from the 2013 shutdown. All this contrary to a "Do you think it’s a little worrisome that the powerful right flank of the House is made up of people who believe a good way to show their opposition to Obama’s liberal immigration policy is to cut off the border patrol’s paychecks?".

The problem is clear. Republicans are not in accordance with President Obama's recently introduced Immigration Policy while our President and the Democrats are sure that this is the best answer to immigration policy. Granting illegal immigrants work permits and such if requirements are met.

The Evidence is also clear. A wait until last minute call by congress on the issue and the resolution of the funding for a mere week is more than enough evidence of the ongoing issue.

The logic is unclear only because there's more than one opinion on the issue. It is quite clear though that the policy is more than likely going to pass.

Friday, February 13, 2015

Obama's Plan To Tax Overseas Earnings Draws Scrutiny



Most American corporations are international, as a whole they account for about $2 trillion dollars in overseas accounts. Money that is not being taxed by the Government of the United States. 

President Barack Obama has recently proposed substantial changes to the tax code. In hope of utilizing part of the sales revenue of US corporations for the benefit of the citizens. While the majority of the government agrees to this there is a substantially variation on the ideology to accomplish this. Obama and the democratic party suggest taxing 14% on the money regardless of it being kept overseas while the Republicans with their efforts being previously made to accomplish this had the same concept but with a lower tax rate. This makes sense because corporations are being taxed a very little amount of their profits overseas by taking advantage of the low tax rates of other countries such as Luxembourg and Ireland. While this is legal the Government believes that these corporations being American should pay tax to their home country, the U.S. hence the  aforementioned efforts.

Corporations moving profits overseas has been going on for a really long time. Taking advantage of tax breaks and low tax rates of other countries while being legal it is not the best of their ethics. This article of many out there really catches my attention and it should be relevant to you as well because this affects us in many ways. I'm very neutral about the subject only because of the impact that this would have on the way companies behave and act if this came into effect. It gives the reader a lot to think if one hypothesizes the chain of effects that this would have on the citizens of the U.S. and not just the corporations.


Main Source: http://www.npr.org/2015/02/12/385471616/obamas-plan-to-tax-overseas-earnings-draws-scrutiny