This taxing idea sounds good but I think American companies would find a loophole. They could always make their outsourcing branches into "separate" foreign companies. If the companies aren't American then they don't have to pay the taxes. Wow, that wasn't so hard. Kerry underestimates the powers of Capitalism.
If that happens, instead of foreign countries fighting it out in the courts; it will be the big firms in US that will start fighting US government in the courts. I have a feeling that Kerry is digging his own grave. [ May 03, 2004: Message edited by: Kishore Dandu ]