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In the fall of 2008, with General Motors and Chrysler on the precipice of bankruptcy, executives at the car parts supplier Johnson Controls flew to Washington. The company’s president testified before a Senate panel and implored lawmakers to bail out the auto industry.

“Speaking for our company, and, I am sure for all auto parts suppliers, we respectfully urge the members of this committee, and the Congress as a whole, to provide the financial support the automakers need at this critical time,” Keith Wandell, then the president of Johnson Controls, said, warning that the failure of even one automobile company would “implode” the supply chain and lead to broad job losses.

Congress approved a bailout plan worth almost $80 billion for General Motors and Chrysler, saving the automakers and, indirectly, suppliers like Johnson Controls. By 2010, with its business back on track, Johnson Controls doubled the pay of Stephen Roell, then its chief executive, to more than $15 million.

Despite the federal government’s rescue — and hundreds of millions of dollars in tax breaks over the last several decades from states like Michigan and Wisconsin — Johnson Controls said on Monday it was renouncing its United States corporate citizenship by selling itself to Tyco International, based in Ireland, a deal struck in large part to reduce its tax bill, which it said should drop by about $150 million annually.

GannonFan wrote:This can't be true. I heard that corporations don't pay taxes in the US. Has Fox bought the NY Times just to put out this kind of misinformation?

kalm wrote:

GannonFan wrote:This can't be true. I heard that corporations don't pay taxes in the US. Has Fox bought the NY Times just to put out this kind of misinformation?

Just like with wages, a race to the bottom for taxes is good for America. Amirite!

Cheap products!

kalm wrote:

GannonFan wrote:This can't be true. I heard that corporations don't pay taxes in the US. Has Fox bought the NY Times just to put out this kind of misinformation?

Just like with wages, a race to the bottom for taxes is good for America. Amirite!

Cheap products!

GannonFan wrote:

kalm wrote:
Just like with wages, a race to the bottom for taxes is good for America. Amirite!

Cheap products!

Let me know when you start offering to pay more for everything you buy. Do you go into Best Buy and ask to be charged full price rather than getting the sale price? Do you pay double the toll at any toll booth? Do you purposely not shop wholesale (i.e. Costco, BJ's, Sam's Club, etc) just so you don't get any volume discounts?

Baldy wrote:

kalm wrote:
Just like with wages, a race to the bottom for taxes is good for America. Amirite!

Cheap products!

I wish we could be like those Conks in Switzerland with their obscene 8.5% corporate income tax rate.

Chizzang wrote:

Baldy wrote: I wish we could be like those Conks in Switzerland with their obscene 8.5% corporate income tax rate.

Average Salary in the US -51% below Switzerland
Mortgage Interest Rate in Percentages (%), Yearly 124% Lower in the US than Switzerland
Consumer Prices in United States are 39.47% lower than in Switzerland
Consumer Prices Including Rent in United States are 36.73% lower than in Switzerland
Rent Prices in United States are 30.19% lower than in Switzerland
Restaurant Prices in United States are 41.81% lower than in Switzerland
Groceries Prices in United States are 38.26% lower than in Switzerland
Local Purchasing Power in United States is 31.38% lower than in Switzerland



Sounds like Paradise

Chizzang wrote:


Average Salary in the US -51% below Switzerland
Mortgage Interest Rate in Percentages (%), Yearly 124% Lower in the US than Switzerland
Consumer Prices in United States are 39.47% lower than in Switzerland
Consumer Prices Including Rent in United States are 36.73% lower than in Switzerland
Rent Prices in United States are 30.19% lower than in Switzerland
Restaurant Prices in United States are 41.81% lower than in Switzerland
Groceries Prices in United States are 38.26% lower than in Switzerland
Local Purchasing Power in United States is 31.38% lower than in Switzerland



Sounds like Paradise

Cluck U wrote:

Chizzang wrote:


Average Salary in the US -51% below Switzerland
Mortgage Interest Rate in Percentages (%), Yearly 124% Lower in the US than Switzerland
Consumer Prices in United States are 39.47% lower than in Switzerland
Consumer Prices Including Rent in United States are 36.73% lower than in Switzerland
Rent Prices in United States are 30.19% lower than in Switzerland
Restaurant Prices in United States are 41.81% lower than in Switzerland
Groceries Prices in United States are 38.26% lower than in Switzerland
Local Purchasing Power in United States is 31.38% lower than in Switzerland



Sounds like Paradise

If I am an average Swiss person bringing home $100,000, and the US salary is 51% below my salary, then all of those other 30% higher costs for the Swiss, except for the mortgage interest, mean nothing. And even the mortgage interest would depend on other factors (what % of my income was borrowed...what type of house can you buy for what cost) to determine if it mattered.

Chizzang wrote: Comparing Switzerland to the United States is like comparing Wal-Mart to the Cartier Store
Which reminds me:
Switzerland does not accept Chinese Imported Goods without "Extensive Review"
And they have no official trade agreement with China accepting something like 3.1%

Cluck U wrote:

Chizzang wrote: Comparing Switzerland to the United States is like comparing Wal-Mart to the Cartier Store
Which reminds me:
Switzerland does not accept Chinese Imported Goods without "Extensive Review"
And they have no official trade agreement with China accepting something like 3.1%

Actually, WalMart is a lot closer to Cartier than you think. Both sell junk that people think (are told) they need.

And Cartier is a lot worse than most US used car salesmen.

Ever try to sell a used diamond?

Chizzang wrote:

Cluck U wrote:


If I am an average Swiss person bringing home $100,000, and the US salary is 51% below my salary, then all of those other 30% higher costs for the Swiss, except for the mortgage interest, mean nothing. And even the mortgage interest would depend on other factors (what % of my income was borrowed...what type of house can you buy for what cost) to determine if it mattered.

My point
Switzerland is one of the most expensive places to live in the world
CID will tell you the only way to move there is to actually PAY HUGE sums of Money

Comparing Switzerland to the United States is like comparing Wal-Mart to the Cartier Store
Which reminds me:
Switzerland does not accept Chinese Imported Goods without "Extensive Review"
And they have no official trade agreement with China accepting something like 3.1%

So quite literally Switzerland and the U.S. couldn't be farther apart in almost every metric

Chizzang wrote:

Baldy wrote: I wish we could be like those Conks in Switzerland with their obscene 8.5% corporate income tax rate.

Average Salary in the US -51% below Switzerland
Mortgage Interest Rate in Percentages (%), Yearly 124% Lower in the US than Switzerland
Consumer Prices in United States are 39.47% lower than in Switzerland
Consumer Prices Including Rent in United States are 36.73% lower than in Switzerland
Rent Prices in United States are 30.19% lower than in Switzerland
Restaurant Prices in United States are 41.81% lower than in Switzerland
Groceries Prices in United States are 38.26% lower than in Switzerland
Local Purchasing Power in United States is 31.38% lower than in Switzerland



Sounds like Paradise

Chizzang wrote: Comparing Switzerland to the United States is like comparing Wal-Mart to the Cartier Store

Ivytalk wrote:

Chizzang wrote:


Average Salary in the US -51% below Switzerland
Mortgage Interest Rate in Percentages (%), Yearly 124% Lower in the US than Switzerland
Consumer Prices in United States are 39.47% lower than in Switzerland
Consumer Prices Including Rent in United States are 36.73% lower than in Switzerland
Rent Prices in United States are 30.19% lower than in Switzerland
Restaurant Prices in United States are 41.81% lower than in Switzerland
Groceries Prices in United States are 38.26% lower than in Switzerland
Local Purchasing Power in United States is 31.38% lower than in Switzerland



Sounds like Paradise

I think it's mathematically impossible to be 124% below something. Isn't the maximum 100%? CS math whizzes, help me out.

Ivytalk wrote:

Chizzang wrote:


Average Salary in the US -51% below Switzerland
Mortgage Interest Rate in Percentages (%), Yearly 124% Lower in the US than Switzerland
Consumer Prices in United States are 39.47% lower than in Switzerland
Consumer Prices Including Rent in United States are 36.73% lower than in Switzerland
Rent Prices in United States are 30.19% lower than in Switzerland
Restaurant Prices in United States are 41.81% lower than in Switzerland
Groceries Prices in United States are 38.26% lower than in Switzerland
Local Purchasing Power in United States is 31.38% lower than in Switzerland



Sounds like Paradise

I think it's mathematically impossible to be 124% below something. Isn't the maximum 100%? CS math whizzes, help me out.

CID1990 wrote:

Chizzang wrote:
My point
Switzerland is one of the most expensive places to live in the world
CID will tell you the only way to move there is to actually PAY HUGE sums of Money

Comparing Switzerland to the United States is like comparing Wal-Mart to the Cartier Store
Which reminds me:
Switzerland does not accept Chinese Imported Goods without "Extensive Review"
And they have no official trade agreement with China accepting something like 3.1%

So quite literally Switzerland and the U.S. couldn't be farther apart in almost every metric

Yep- you don't just "immigrate" to Switzerland... unless you're Tina Turner

And they basically put our airmen in concentration camps during WWII

So yeah - fvck the Swiss

BTW that whole "holey" cheese thing is just a cheap way of making you pay the same price for less cheese

Jjoey52 wrote:Yep- you don't just "immigrate" to Switzerland... unless you're Tina Turner

And they basically put our airmen in concentration camps during WWII

So yeah - fvck the Swiss

CID1990 wrote:

Jjoey52 wrote:Yep- you don't just "immigrate" to Switzerland... unless you're Tina Turner

And they basically put our airmen in concentration camps during WWII

So yeah - fvck the Swiss

Not true, internees were treated quite well there, I have spoken to many. They did however, hoard the Nazi money they stole from Jews.

Chizzang wrote:

Baldy wrote: I wish we could be like those Conks in Switzerland with their obscene 8.5% corporate income tax rate.

Average Salary in the US -51% below Switzerland
Mortgage Interest Rate in Percentages (%), Yearly 124% Lower in the US than Switzerland
Consumer Prices in United States are 39.47% lower than in Switzerland
Consumer Prices Including Rent in United States are 36.73% lower than in Switzerland
Rent Prices in United States are 30.19% lower than in Switzerland
Restaurant Prices in United States are 41.81% lower than in Switzerland
Groceries Prices in United States are 38.26% lower than in Switzerland
Local Purchasing Power in United States is 31.38% lower than in Switzerland



Sounds like Paradise