Friday, October 31, 2014

Job, Employment & Government

President Obama, US Congress & the US Senate can fix the unemployment & economy just by offering TAX breaks to all US based multinational organizations that had to move their organizations to other countries to save US Taxes. The reality is hitting worldwide and EU members started the crack down and are now changing their TAX laws to charge higher taxes to these multinational organizations – US can take advantage of the situation and offer same TAX break which must gradually end over some period but organization will be required to create employment, invest in educational sponsorships. This fixes the economy, jobs & education and the dysfunctional broken US government! Its not a democratic or republican problem its an American Problem !!

Key Facts
Tax avoidance through offshore tax loopholes is a significant reason why corporations, which paid one-third of federal revenues 60 years ago, now pay one-tenth of federal revenues. U.S. corporations dodge $90 billion a year in income taxes by shifting profits to subsidiaries—often no more than a post office box—in tax havens.

U.S. corporations hold $2.1 trillion in profits offshore – much in tax havens – that have not been taxed in the U.S. General Electric, which uses a loophole for offshore financial profits, earned $27.5 billion in profits from 2008 to 2012 but claimed tax refunds of $3.1 billion.

Apple made $74 billion from 2009-2012 on worldwide sales (excluding the Americas) and paid almost nothing in taxes to any country. 26 profitable Fortune 500 firms paid no federal income taxes from 2008-2012. 111 large, profitable corporations paid zero federal income taxes in at least one of those five years.

Wednesday, September 24, 2014

Customer Service by appointment ?

Many tech companies that value their customer's time are taking appointments for customer service and tech support. Apple is leading and innovating care strategy, it's a new concept and may be hard for some to accept and its a change . Do you make an appointment to see your doctor ? Your attorney ? Does it work ? Or do you have a service provider who wants you to go to their office and wait minutes to hours before you get some service ?

I have had the misfortune like many of you for being on queue and on hold for several minutes to hours before an competent person is able to help, sometime I called multiple times and multiple days before my issues are resolved - my worst experience was my healthcare provider Empire, I had to escalate twice to the CEO's office before my issues were fully resolved!! The internet is full of stories of frustrated customers on queues and incompetent care providers. Cable companies for instance are struggling for years on a care strategy.

I am willing to setup an appointment with my care or tech support agent  as long as I end up speaking with someone who can help solve my problem. 

Saturday, January 25, 2014

Wall Street, stockholder and institutional investors (minus the inside traders! we know you exist!!) should demand that companies include employment data in their quarterly financial reports, including total number of employees, highest salary, lowest paid (salary), layoffs, new jobs, etc.  Investors and Wall Street needs to help companies become sustainable in bear or bull markets and use employment data to give a better rating when the economy is dragging to avoid the massive layoffs.  With high unemployment the citizens will not spend – that will impact all other industries directly or directly, and eventually will impact the institutional investors, Wall Street & individual stockholder alike. The economic data shows that every 20/25 years the entire industries disappear – yet Government and corporations are clearly not doing enough to create employment.