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Air Force buys Chinese planes
The U.S Air Force is purchasing 25 advanced trainers from Cirrus Aircraft for its powered-flight program. Cirrus Industries Inc., the aircraft maker’s parent company, is 100 percent owned by the Chinese communist government. (www.washingtontimes.com) Más...Sort type: [Top] [Newest]
AIR FORCE BUYS CIRRUS PLANES FROM CHINESE OWNERS, MADE HERE BY AMERICANS. fix
It doesn't really matter where they are sent. More than likely, the money they make overseas tend to stay overseas, or moved elsewhere. Lot will depend what they do with it. Google has ALOT of their money overseas (yay American company right?). Guess why? TAXES. Microsoft bought Skype with their foreign cash reserves. I highly doubt Japan would just flat out transfer their money to Japan that easily considering tax issues (they have highest tax rate in the world, beating out the US barely). I would almost argue that they would likely keep the money they make in the US, in America, considering the amount of tax loopholes and breaks the US has.
Further, it is nice to learn from other people about certain aspects of Aviation or business in general. As i mentioned, it is good to have a healthy debate. I am not hear to try and be superior to anyone else, because i am not. All posotive input is welcomed by me. Keep contributing David and everyone else.
@David, how is the profits between a foreign company vs an American company any different? Regardless of where the company is based, guess what, the profits stand to benefit those higher up. And that hasn't been since 2008, that has been like that for decades (if you have been paying any attention). Still, with the original point, how is that any different from any other company? GM/Ford/GE/Boeing/<insert American Company> keeps all their profits from their international business just as much as this Chinese company/<insert foreign company doing business in the US> will keep their profits. At least this Chinese company/Toyota does its manufacturing in the US still allowing Americans to have jobs, rather than just outsourcing it all to China/India.
@David: " Sure it is keeping Americans employed but at the same time all the profits are spent in Japan". This is your statement sir. I wanted to see what facts you were basing your statement on. Where is your proof that ALL THE PROFITS ARE SPENT IN JAPAN? I am well aware of were bonuses come from - i work for a publically traded company, i know how it works - and yes, all public companies post reports. I am sure these reports can get very granular, but can they show that all profits from US operations are spent in Japan? If you are to state as such, you should back it up and not request others to try and prove a statement made by yourself. Yes, this is an aviation forum. Aviation is a business. If it were not, what the heck are United, American, Qantas... doing?? Nothing wrong with having a healthy debate about an issue :)
@Alistair, being my profession, I know how this type of stuff works. I did mention reinvestment in the form of R&D, but companies tend to do this type of work on their own soil, using their own engineers. You must be blind if you haven't seen the fact that profits go into the pockets of executives, considering that's all that has been on the news since 2008...where do you think these bonuses come from? Profits, obviously! All other expenses such as operating costs (including paying employees on home soil or foreign soil) are deducted prior to reporting profits. If you want numbers, pick up an annual report...if the company is publically traded, they have to post an annual report. Most companies have it on their website, but some must be requested by mail. Either way, check one out and you will have a better understanding of what I'm saying. This is all I'm going to say on this issue though, because this is an aviation site and not a business forum.