CSR
40 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by April Nicole Haskill
Scoop.it!

A 3-D TV you actually would want to buy

A 3-D TV you actually would want to buy | CSR | Scoop.it
3-D televisions have tried and failed to win the living room. The TV industry hopes a shift to a glasses-free technology can solve that.
April Nicole Haskill's insight:

This brief article discusses the new "glasses-free 3D" technology that TV manufacturers will be introducing to the worldwide marketplace in estimated early 2015. They discuss that they are trying to re-introduce interest in 3D tvs again that have been practically eliminated from tv sets in recent past years by improving the high-definition picture quality and resolutions, however there is some concern that the  preserving image quality between 3D and 2D may cause the picture darker. The company Dolby suspects that even if "technology and visual barriers can be overcame", people still do care about 3D tvs and be popular with consumers.

 

Even though Dolby is expecting a good turnaround in this new 3D technology, the article does not sound like Dolby has done any or enough  research to determine the success of these tv sets within the Stakeholder model. As noted in the article, they plan to start with the China market and then "believe the popularity will spread to the United States, even though they have shunned the technology so far. If these forthcoming glasses-free TVs can't convince the masses, chances are nothing can."

 

As an innovative tech-savvy consumer, I do not see these products being successful worldwide, either by the technology flaws that may arise or by the price tag that these products will likely have. I have been fascinated how far along technology has improved the traditional tv set, however I always speculated that the 3D content being used for home personal viewing to be very poor since it was first introduced compared to its success in movie theaters. I believe Dolby should have considered further feedback of each country's market to determine speculation of its success before, as the saying goes, "putting the cart before the horse". 

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Helping homeless kids put their best foot forward

Helping homeless kids put their best foot forward | CSR | Scoop.it
CNN Hero Nicholas Lowinger, 15, has provided new shoes to more than 10,000 homeless children since 2010.
April Nicole Haskill's insight:

This article is about a boy, Nicholas Lowinger, who at the time of age 5 started to see how important it is that kids need shoes. He was determined to create a non-profit organization (in 2010 at the age of 12) "Gotta Have Sole Foundation" to supply new shoes to various shelters in 21 States, including his hometown Rhode Island, that are provided to homeless kids and their families.  Along with the donations of new shoes to help, Nicholas is "also allowing parents to save money for an apartment or food for their next meal" so the parents are not having to worry about buying new shoes for their kids. Many stories of families are used as examples in this article to display how much Nick has helped with this ongoing Foundation with more than 1000 volunteers in the organization.

 

Even though this is based on an individual's social philanthropy, the Foundation that he created encourages both shelters and footwear companies & stores to provide positive social responsibilities by donating their products towards the communities for good purposes. 

 

I think this is a great way for anyone to get involved in creating their business with positive corporate social responsibilities in mind and practicing these abilities regardless of what product or service they start with. I have intentions to start a business, unfortunately the type of business is still unclear but this story helps encourage keeping the ideas in mind of helping others and the world around you.

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Go offline for 'National Day of Unplugging'

Go offline for 'National Day of Unplugging' | CSR | Scoop.it
The National Day of Unplugging asks people to put away their mobile devices for 24 hours.
April Nicole Haskill's insight:

Reboot, a non-profit national group, is trying to make National awareness that our daily lives are controlled by our electronic devices and creates de-socialization. One example was a Adeline Munguia, a 19 year old California student who one day stopped responding to her roommate's text message and social media - as a result to this, she was reported as missing however she was taking a break from her electronic communications.

 

Reboot encourages everyone for 24 hours per year to unplug from any electronics that are connected to the internet and use the down-time duration to re-connect with family and friends, focus on non-electronic projects and activities.

 

Similar to an Earth Day's awareness, I could only suspect if this is done correctly - powering off modems and routers (aside from smartphones, tablets and computers) to prevent internet use - this could help reduce the energy consumption even if it is only for 24 hours. This also allows trying to reconnect with nature and reflecting on surrounding areas.

 

 

 

 

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Google tracks Canada's polar bear habitat | Toronto Star

Google tracks Canada's polar bear habitat | Toronto Star | CSR | Scoop.it

SSBeginning Thursday, Google Street View offers a glimpse at polar bears’ threatened habitat around Churchill, Manitoba.

April Nicole Haskill's insight:

Since October 2013, Google has been taking part in providing their "Street View" services to an organization called Polar Bears International (PBI), a conservation group located in Churchill Manitoba, that is dedicated to protecting the animals. Google is providing the world along with PBI the visual experiences that most people don't get to see in person by mounting their equipment onto tundra buggies and roaming the bear's natural habitat. With climate changes happening the polar bears are starting to lose their "sea-ice" habitat and being stranded on land for longer durations. Even though polar bears live some of their life on land, it is vital that sea-ice freezes so that they can migrate to their main ice habitats to survive. By Google leaving their equipment behind for PBI's use, they can survey the constant changing habitat and track the polar bear's migration.

 

This is the second article I have read this week pertaining to Google's good deed for the protection of an animal's environment in regards to the polar bears. I think with how technology is evolving each day, this is a great way for Google to expand their ability and services to the world for the help of research and protecting nature and their occupants. It gives me more respect towards Google as a company that they are ambitious with an ongoing project to help assist environmental organizations preserve nature's beauty.

 

 

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Door-to-door mail delivery to end in Oakville this fall

Door-to-door mail delivery to end in Oakville this fall | CSR | Scoop.it
Eleven centres will start collecting mail at community boxes this fall as Canada Post begins its move to end door-to-door delivery.
April Nicole Haskill's insight:

Canada Post is working on its first stage of a 5-year plan that will be ending its door-to-door mail delivery. Eleven community centres, that affect 100,000 addresses, will be switching to community mailboxes come this Fall from the traditional mailman delivery to each individual house. The decision from Canada Post for this upcoming change was made from the rising costs and falling mail volumes nationally making it difficult to continue its traditional operations.

 

Most of the residential locations I have lived at within Peterborough and Millbrook in the past 25 years use the community mailbox method.

 

It can be both beneficial to the Canada Post mail delivery workers and the community.

The positive outcomes from this decision benefits more on the employees to help prevent physical and environmental stresses to the worker by limiting the duration of carrying the heavy mail bag from the truck to the community mailbox instead of walking long stretch of street to deliver to houses, apartments and businesses. It will also prevent any financial legal matters within the company if the worker slips and falls on the job delivering to each house or building for unsafe environmental conditions. 

 

 

 

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Ex-New Orleans Mayor Ray Nagin guilty after courtroom 'belly flop'

Ex-New Orleans Mayor Ray Nagin guilty after courtroom 'belly flop' | CSR | Scoop.it
Former New Orleans Mayor Ray Nagin was found guilty of federal corruption charges Wednesday after a two-week trial..
April Nicole Haskill's insight:

Former Mayor of New Orleans was found guilty for bribery, money laundering, fraud and 17 other accounts for continuous actions done since approximately 2002. When Hurricane Katrina, the mayor was described as requesting "sometimes-profane demands of aid support from Washington DC with helping to reveal the botched federal response to the storm".  These charges are detailed more than $200,000 in bribes to the mayor that his family members received various vacation trips and cell phone service. Businessmen exchanged gifts and bribes, in exchange for more than $5 million in city contracts according to the January 2013 indictment.

 

I find it horrible that politics, regardless anywhere in the world, will stoop so low to rip off taxpayers and the good intentions to restore a city's flooded community by corrupting the system with bribing and stealing donated money.

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Undercover Report From Foxconn's Hell Factory

Undercover Report From Foxconn's Hell Factory | CSR | Scoop.it
Chinese newspaper Southern Weekly sent 20-year-old reporter Liu Zhi Yi undercover in Foxconn's factory in Shenzhen, China. For 28 days, he experienced dreadful conditions that the factory's 400,000 employees endure, churning out iPods, iPads, and iPhones for Apple nonstop.
April Nicole Haskill's insight:

The article is written in May 2010 after a Chinese newspaper reporter went undercover as an employee at Apple's now-former manufacture facility Foxconn.

 

After reading all of the undercover reports of how Foxconn behaves towards their employee's safety and health. Its no wonder that their employees would rather commit suicide than continue to work for a company that forces them to stand 8 hours a day, get brief short breaks for meals and sleep, hire only people at around age of 20, and have them sign a "voluntary" work overtime agreement that states the company is not responsible for their long hours worked - which overrules the Chinese state-regulations, then only pay their employees once a month for apprx $130 (900 Chinese Yuan).

 

I am surprised this company is still currently in business (let alone 9 factories in China) after all these decades. Regardless of one stress room shown in a picture in the article, unfortunately it took Foxconn to be in the media spotlight for over 30 attempted suicides and 7 deaths at the time of this article (the final 2010 year total of 14 deaths) to alleviate job stress by bringing in 100 counselors.

 

The Foxconn undercover report shows the company displaying all pillars at a negative impact to their employees, their company reputation, and risk of insecure financial sustainability.

 

 

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Scandal-hit Microsoft admits blow to morale - Telegraph

Scandal-hit Microsoft admits blow to morale - Telegraph | CSR | Scoop.it
The US software giant defends itself after recent claims of bad behaviour.
April Nicole Haskill's insight:

I found this article jumps poorly between content of what the initial article was about regarding bad company executive behaviour to employee performance review scale to competitive rival products and services available without any reasonable transition between these topics.

 

When focusing on the topic of executive management behaviour towards employees, expense-paid travel costs of hotels and restaurants, and meeting discussions of environmental issues in the world such as the Japanese tsunami when discussing outperforming other country subsidiaries like Japan. I had lost any respective values toward Microsoft.

 

Corporates like Microsoft, the only way to find out the truthful company behaviours are to require anonymity investigations towards employees and management. Otherwise executives will do alot of the PR work to lie, manipulate and deny any harmful claims against the business once the media is involved. The employees involved would become "tainted" in the eyes of Microsoft and the company would allow any means of "disposal" to fire unwanted employees.

 

I commend shows like "Undercover Boss" who anonymously investigate how the company is operated at their various locations to ensure appropriate ethical behaviour is continuously demonstrated throughout management, employees and towards their clients. The media would not necessarily have to rely on the anonymity of current and former employees, if the executives also display bad behaviour when travelling by destroying hotel rooms and creating food fights on Microsoft's expense. However due to privacy confidentiality, sometimes current or former employees are usually the most reliable option.

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Maker's Row plays manufacturing matchmaker

Maker's Row plays manufacturing matchmaker | CSR | Scoop.it
Maker's Row matches American manufacturers with U.S. companies who want a "Made in the USA" label.
April Nicole Haskill's insight:

This article is about Matthew Burnett who has been an Entrepreneur for some years of watchmaking design by learning the crafting skills from his grandfather. He used to design watches for Marc Jacobs and DKNY before opening his own business of "Steelcake". As many other USA companies, he entered the outsourcing manufacturing trend; however as a small business he experience many negative impacts regarding overseas production. Eventually in 2011, after 3000 watchbands arrived defective with no option for returning the products or selling them he shutdown the Steelcake business. Along trying to find local manufactures for a new venture idea he realized the time consumption that would be required to find the right manufacturer, this allowed another inspiration of a venture idea of becoming a Company-Manufacture matchmaker business called "Maker's Row" for those who want to manufacture their products with the "Made in USA" labels. Matthew along with his friend, Tanya Menendez, who is Chief Operating Officer started the business in late 2012. They have a free-registering website that lets companies and manufacturers can sign up and be placed into Maker's Row database that is referenced to match the businesses together appropriately.

 

I like this article and idea as a hopeful, potential entrepreneur. This article gives an insight that small businesses will likely have a negative impact if there is attempts to outsource production. The only way this is possible is if the business are large corporations that can take the financial and legal risks that usually associate to outsourcing. This is also a great business idea to keep jobs within local countries as this article mentions that even some large brands do not have the manufacturing connections they need to keep their production in USA. I hope Maker's Row also plans to expand their website for other countries - ie. have a Canadian Maker's Row website to allow Canadian companies and manufacturers to come together, etc.)  

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Apparently This Matters: Keurig 2.0

Apparently This Matters: Keurig 2.0 | CSR | Scoop.it
CNN humor columnist Jarrett Bellini looks at The Great Electronic Coffee War of 2014.
April Nicole Haskill's insight:

This article discusses about the new "Keurig 2.0" that is expected to be released to customers in Fall 2014. Keurig is implementing a new system called DRM (Digital Rights Management) into their new brewers that will have a camera built-in designed to "read" if the new K-cups will have a tag that validates it is a Keurig-brand; this is meant to prevent other brand K-cups from malfunctioning the brewer. Keurig's parent company Green Mountain Coffee Roasters (who make biodegradable OneCups) are concerned that it will not be economically friendly to the consumers and the environment due to the Monopoly-tactic.

 

As a coffee drinker and someone who purchased one of the Keurig 1.0 merchandise from a co-worker but have not yet used it. I agree with the Green Mountain perspective regarding it likely will be pricier to the customer, and in my opinion I am not sure if K-cups are yet biodegradable. Keurig's decision of limitation to their products to ensure the health and safety of customers by using only Keurig-brand coffee cups is both a positive and negative impact on the brand, however I would not expect this 2.0 version to last within the marketplace before they further decide to regain implementation of other companies' K-cups.

 

The first impression I thought of when reading this article is that Keurig is trying to implement their competitor Tassimo's innovations to their own product but limiting to only Keurig-brand cups but cutting out the partnering coffee brands and flavors. Due to this I would not consider the 2.0 version as have had experience with the Tassimo product via family members. I personally enjoy the environmentally-friendly options of the Keurig 1.0 that allows multiple partnering brands of flavors, allow re-useable filter screen K-cups to use your own store-bought ground coffee, as well as heat and dispense hot water for use of store-bought teas and hot chocolates. When I finally get the opportunity to use my Keurig 1.0 machine, I would not suspect to purchase a lot of flavored K-cups however I would use it more for the environmentally friendly aspect of the device when I do not feel the need of a full pot of drip-brewing coffee.

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Telus Corp quits wireless industry group, aims to put spotlight on its customer service

Telus Corp quits wireless industry group, aims to put spotlight on its customer service | CSR | Scoop.it
Telus Corp. is walking away from a wireless industry lobby group in a bid to highlight what it says is its unique approach to working with customers
April Nicole Haskill's insight:

Telus has decided as of Feb 28 to pull away from the Canada Wireless Telecommunications Association (CWTA) that consists it's rivals Rogers Communications Inc. and Bell Canada Enterprises Inc. to primarily focus on their customer service by working with its customers. The CWTA is an advocacy lobby group that represents all cellular and mobile carriers along with companies that innovate their products and services for the Telecommunications industry and their interest's towards the government and regulatory agencies. The CWTA expresses their disappoint in Telus' departure but welcomes them back as a full-time member if Telus decides to return.

 

This brings slight concern to me as a loyal Telus customer as the CWTA as some noted and valued initiative services such as stolen handset database, handset recycling (and Amber Alerts system - which I have never heard this service offered for the Ontario region). However Telus has always been focused and values their customers' interests and feedback, which is the main reason why they receive very few complaints at the Commissioner for Complaints for Telecommunications Services.

 

This is related to CSR regarding the Stakeholder Management Model, as Telus has decided to proceed their telecommunications regulatory advocacy with a different strategic direction in the best interest of the company and their stakeholders (investors, customers, government).

 

 

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Target Canada losses hit $941 million (U.S.) for 2013 | Toronto Star

Target Canada losses hit $941 million (U.S.) for 2013 | Toronto Star | CSR | Scoop.it
Target Canada lost nearly $1 billion last year in the wake of a disastrous launch, but hopes to do $2.6 billion in sales in 2014.
April Nicole Haskill's insight:

Target has released their 2013 year report that included its last quarter (ending on Feb 1 2014) which indicates the company's financial loss. Target had a hard hit in the year 2013, in the spring it opened many stores in Canada and was involved with a data security breach during the winter holidays in USA. The company is hoping to expect improvement of doubled sales in Canada to $400 - $450 million for 2014 despite Belus Capital advisor Brian Sozzi predicting further losses. 

 

Target's CE Gregg Steinhafel is confident that many of the early Canadian stores are showing the most improvement and other store locations will follow as he informed analysts after the 2013 report was released. Target's investors and analysts' had high concerns and very little hope of the company's outcome after the security breach tarnished it's reputation when it became public. The company has invested a lot of money to open the Canadian stores and do damage control when USA stores dropped in sales after the security breach, as a result of this the "corporate earnings were drained" by 2013 and Target started offering Canadian shoppers a credit monitoring service for a year.

 

Target plans to expand 9 or more locations across Canada to reach 133 Canadian stores by the end of 2014. In my opinion, so that these newly opened stores does not repeat and result in the same poor customer expectations from the 2013 opened stores, I don't believe that Target will have the budgeted earnings to avoid the same mistake twice as Gregg Steinhafel is expressing hope in the article. I agree with Brian Sozzi regarding further loss being predicted for many reasons - Canada did not want Target as they sell the same merchandise that Zellers and Wal-mart have but for higher priced retail costs, they have not yet prepared the Canadian stores for success (chip technology transactions, e-ordering and pickup, grand-openings with bare shelves, unreasonable price gaps between USA and Canadian stores). I believe Gregg may be deciding the company's wishful outcome too quickly without considerations of how much investment and time required will be needed into their 2014 goals.

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Nose blower wins his job back

Nose blower wins his job back | CSR | Scoop.it
The man who is likely the city’s most infamous nose blower has his job back.
April Nicole Haskill's insight:

The article is about a former St. Joseph's at Fleming employee that was caught on hidden camera blowing his nose into a clean set of bed sheets that he was changing onto a patient's bed back in April 2013. The patient suffers from dementia. He was among 3 other employees fired for bad behavior within the patient's room - 2 were caught "canoodling", while 1 woman was rough handling while cleaning and dressing the patient.

The male canoodler was returned to work earlier this month (Feb 2014) while the "nose-blower" had appealed his job termination and approved to return to work on Feb 18 2014 by a provincial arbitrator.

The patient's son started an online petition to raise money for better long-term care facility practices as currently the government's policies and standards have led to injuries, sexual assaults, and even death cases across the province. The patient's son has also noted that the arbitration system has displayed decisions to give employees their jobs back after bad behavior sets a dangerous precedent. 

 

It is scarey to think that if this facility can allow bad behavior and practices within the long-term health care for the present years, it could get worse in the future years for our parents and ourselves. If the future generations continue to believe that this type of company behavior is allowed, our senior years if lived in long-term facilities will be in far worse conditions.

 

The media has been reporting ongoing updates to the public  since the patient's son has released the hidden camera footage online. After almost a year, it is unbelievable that the company would even consider letting the arbitrator approve the appeal of employees who were fired for irresponsible and unprofessional bad behavior within any long-term health care facility and towards their patients/clients and their families.

St. Joseph's at Fleming will continue to receive bad press within the media if it continues to support the employees that have disrespected the workplace, it's partners (Fleming), the health and safety of the public it services until they realize they will need to change their policies and practices in how the employees behave and prevent similar situations in the future from re-occurring. 

 

 

 

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

The Inside Story Of How Nexicom Dealt With The Fire That Destroyed Their Communication Hub

The Inside Story Of How Nexicom Dealt With The Fire That Destroyed Their Communication Hub | CSR | Scoop.it

http://www.ptbocanada.com/journal/2013/2/12/the-inside-story-of-how-nexicom-dealt-with-the-fire-that-des.html

April Nicole Haskill's insight:

During a winter thunderstorm on 20 January 2013 early morning, lightning had struck one of the main head-end feeds that powers internet, telephone and cable tv to 4000 customers leaving them in the dark of communications. Lightning traveled down the Bridgenorth communications tower into the metal housing that contained the electrical wiring and server hubs which had caught fire and destroyed everything inside.

 

How this relates to the course follows the 3 pillars of CSR. During the day of the "Bridgenorth Fire", an emergency meeting was held involving Nexicom owners, technical team, and management discussing and planning how to strategize the aftermath to restore services.

Based on the stakeholder management model, those been affected by the outcome of the fire that most likely did not have decision making to the situation were:

1) suppliers that were contacted to replace the destroyed equipment, receive a temporary building to house the replaced equipment and the new permanent building that later would be installed. 

2) supervisors contacted employees to work (on their day off) to help relieve the high call volume, updated Network Notices as new information became available, and kept employees up to date 

3) some employees worked extra hours that day until the call volume was manageable, employees updated customers on the restoration as information became available. All field tech employees worked long hard hours in frigid cold weather to replace and install the equipment for a quick restoration  

4) customers were without service, as the week progressed and restoration was underway. All customers had services restored by end of calendar week.  

Based on Sustainability:

1) Financial - suppliers were contacted for parts, profit may not been a factor however long hours of labor of Nexicom and non-Nexicom workers took part,  insurance company was also dealt with in regards to this situation

2) Social - negative impact to 4000 customers losing service;  positive impact that company gained customer's respect for a fast recovery with temporary equipment, keeping customers informed, and was labelled as a "catastrophe" that customers and employees still talk about today.

4) Environment - kept physical environment impact to a minimal by not moving or expanding new equipment at location of fire;  allowed to create innovative ways of improving infrastructure for the head-end communication towers to help prevent and/or minimize future repeat situations and upgrading server equipment.

Based on Philanthopy, not in the article:

From an employee perspective, has been displayed with the 1 year anniversary appreciation. The owners and management team organized a "Thank You Breakfast" during the week of 20 January 2014 to all staff along with emails of appreciation and thanking everyone for their committment, strength and dedication to retaining the company's customers and the fast restoration of service to one of their head-end locations, including the Plant Manager who at the time of the fire had joined the Nexicom team within just weeks.

 

As a customer and employee of Nexicom's phone and internet service in Millbrook, it makes me proud to know how hard everyone at the company worked diligently to get all services back online and how dedicated and committed they are to their customers. Knowing that a company like Nexicom truly seeks positive CSR values for its staff and community.

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

The iPhone 5C Is Already Involved in a Labor Violations Scandal

The iPhone 5C Is Already Involved in a Labor Violations Scandal | CSR | Scoop.it
A little less than a week before it's supposed to be unveiled to the public, the iPhone 5C is attracting attention from human rights groups for possible labor violations. While it feels like deja vu after the many Foxconn scandals, there's an important difference this time. The factory is American-owned.
April Nicole Haskill's insight:

When it comes to cheap labor, is it really possible to avoid labor violations? Cheap manufacturers are more focused on impressing and succeeding Apple by its product quantity output regardless of the sacrifices it contributes, otherwise they may risk losing their contract of employment opportunities.

 

If Apple become more corporate responsible at choosing labor facilities that was not extremely cheap - in order to collect overhead profit - I believe they may partner with a manufacturer facility that takes their labor policies seriously.

 

If they keep having to deal with legal allegations with every cheap manufacturer facility they choose, they will eventually have a tarnished name in the corporate world and require to regain their name in the consumer's eyes. To do this they would need to do good by giving back to the world continuously, and not by their products.

more...
No comment yet.
Scooped by April Nicole Haskill
Scoop.it!

Apple CEO Tim Cook grilled on Irish tax scandal

Apple CEO Tim Cook grilled on Irish tax scandal | CSR | Scoop.it
The world's most valuable company, Apple Inc., employs a group of affiliate companies located in Ireland to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found — and its CEO will be questioned Tuesday.
April Nicole Haskill's insight:

After reading this article, I had mixed reactions between the Senate Subcommittee panel and U.S corporate tax code bylaws in conjunction with Apple's "tax strategy" of their Ireland location.

 

Apple, along with many other multi-national corporations, had seen an opportunity and taken advantage of low tax rates (12.5%) of Ireland as long as the company location was either not Incorporated in the U.S.A. or is managed and controlled in the country it was established, to be a corporate tax resident.

 

Due to many corporations taking advantage of these bylaw behaviours, the U.S.A. Democrats and Republicans have Washington debating on how to reduce the federal deficit. Democrats believe the government is missing out on billions of dollars due to company profits and tax evasions. Republicans believe if the ease the U.S. tax rates (35%), U.S corporations would be encouraged to invest their offshore profits into U.S.A.

 

I honestly believe that tax evasion is a money-laundering strategy and the location of the corporate's founding establishment should be used to determine the tax rate of its abroad country locations. For example, Apple was founded in U.S.A. If they make profits in Ireland, allow the company to leave its profits in Ireland however pay U.S. 35% tax rate. This will enforce companies to stop tax evasion strategies by looking for oversea loopholes at various low tax countries. Republicans ideas to cut corporate tax rates will not encourage corporations to invest their profits back into U.S.A, as these days the behaviour of the corporate world is controlled by financial greed.

more...
No comment yet.