Haliburton chief executive officer, David Lesar and his managerial staff will be moving to Dubai, in the United Arab Emirates.  You see this major USA corporation doesn't want to pay the state of Texas taxes on Halliburton's $22.58 billion revenues.  But isn't this a slap in the face to the American citizens who believed that 11 of the hijackers, from 9-11 were from Saudia Arabia.  Well this is another sign that America will be running from Iraq, after suffering another "Korean-Vietnam type of bitter defeat," which cost thousands of young soldiers to die for what?

Makes me sick to think that a coporation like Haliburton would act in such an manner contrary to the benefit of the very peoples they are paid to support.  It shows that corporations will act only for their own self interest irrespective of border or alliance. 

The relationship to those who contract for the people of the United States must change to include oversight and accountability.  Presently I fear our wealth has been given to those coporations by an executive  who similarly not hels accountable has not the interest of the peoples of America at heart, only their own pockets which they line with blood money.

I hope history holds the executive and those corporations accountable for their actions.

Haliburton leaving Texas for financial reward? Why am I not surprised?

They are one of many companies considering leaving the U.S. for Dubai (which will become the financial center of the Middle East), Hong Kong (which will become the financial center for China), and London (which will take a lot of existing companies that no longer want to list on the exchanges here). There is a lot on the web on this topic.

We are creating a toxic environment for corporations.

 

The U.S. is sytematically pushing the headquarters of companies out of the U.S., and causing new companies to raise money abroad.

The decline in the value of the dollar (20% over the last four years) is accelerating the trend. The loss of status of the dollar, in favor of the Euro, as the emerging "gold standard" of currencies in still another reason.

The Dems are talking about the large Corporations making huge profits all the time, especialy Oil companies. If Hillary gets in i look to see a nationalization coming forth. Her and her husband has been studying Communisn all thier life. All the Unions want them in to declare that everybody join unions. Everyone of the Dems have promised this. At the present time, the Unions have a Project Labor Agreement for each project,  that all the Dems who are in power, sign it. it specifies that all workers must be Union. No Non-Union workers are allowed. This was on the Big Dig in Boston tunnel as well as other states. Also Hillary has just promised that if elected, there will be no more contractors working for The Public Sectors, such as the military.  Talking about making us weak, that will be our downfall. We will lose our ability to get set up in other countries at a fast enough rate. Plus We would have to hire all union people probaly from our own country. And pay them well. Of course the Unions would have be consulted about every little detail. Just think about how much money they would make without doing a thing.  

The country is 8.8 trillion dollars in debt with no one talking about reconciling that debt. The Dems only talk about raises in pay and raises in taxes to pay for it. The Private enterprise Unions and the Private Companies have to ultimately pay for it.  The Dems take away the Import tax (Private industry's wage protection) and allow the Gov Unions to raise thier pay to accomodate all the Tax increases to pay for it. And protect it with the Prevailing Wage Law. Who gets stuck with the bill, the Private Industry and it's workers who is competing with the Foriegnors.

Yeah I can see why Haliburton is getting out of the US.   

 

 

The U.S. is sytematically pushing the headquarters of companies out of the U.S., and causing new companies to raise money abroad.

I totally agree.  During the past 5 years, funding of operations and R&D in the U.S. have in many cases been decimated by Bush public policies:

1. The tax situation where U.S. corporate taxes are over two times higher than dividend taxes tends to evacuate money from the corporation.
1.1. The drain on funds within U.S. corporations forces U.S. growth down, leading to lower ROI.
1.2. Funds are  then re-invested elsewhere, where there is better ROI, outside the U.S.
2. R&D funding in other countries
2.1. In Singapore, R&D funding is higher than in the U.S.
2.2. Lax repatriation enforcement allows U.S. companies to double-dip, getting R&D breaks from foreign countries, plus the U.S., for funding projects overseas.
2.3 Lack of R&D in the U.S. - plus overseas spending leads to upsurge in technology corridors abroad and the attrophy of them in this country.
2.4 Import of "low cost" foreign workers into the U.S. only exacerbates the problem - providing even more outside drift of technology and increasing competition for housing, raising costs in U.S. corridors, making them less desirable than foreign ones.

These tax problems need to end and end soon.


However, in Halliburton's case I think the problem is they stole $9 Billion. 
And they probably don't want to give it back.

"The Dems are talking about the large Corporations making huge profits all the time,

Not in this country. American profits in general, are blown out of the water. Stock prices in real dollars have drifted down during the Bush administration and stock payouts are artificially high because of the Bush tax situation.

especialy Oil companies."

Oil companies are taking the money out of the U.S. What do you want to do?  Keep spending, right.

""Why Is Halliburtton Leaving Houston Texas? ""

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because the libs have "beeched" about Haliburton for years, now they want Haliburton to stay ??????

 

what fools !!

Haliburton chief executive officer, David Lesar and his managerial staff will be moving to Dubai, in the United Arab Emirates.... But isn't this a slap in the face to the American citizens who believed that 11 of the hijackers, from 9-11 were from Saudia [sic] Arabia.


Maybe, but not because of 9/11.

As you already stated, Dubai is in the United Arab Emirates, which (as you already know) is NOT Saudi Arabia. There are only seven Emirates in the UAE, and Saudi Arabia ain't one of them. Dubai is the name one Emirate as well as its capital city.  Saudi Arabia is separate and distinct country which is much larger than the UAE.

Learn more (http://en.wikipedia.org/wiki/Emirates_of_the_United_Arab_Emirates) and stop pretending to be geographically confused.