Business Quote by Anne M. Mulcahy
“If you're a global company you are going to have jobs overseas. The reality is if we start taxing those jobs at a rate that makes them noncompetitive in those markets, the reality is that we're going to lose business.”
About This Quote
Source Speech: Business conference, 2005, by Anne M. Mulcahy, former CEO of Xerox
Taxing overseas jobs heavily can make them uncompetitive, leading to loss of business.
In simple terms: High taxes hurt foreign job competitiveness.
Key Takeaway
Balance tax policy with global competitiveness.
Themes
economics
globalization
taxation
Mood
analytical
cautious
Type
strategic
informative
When to use this quote
- expanding overseas operations
- pricing strategies
- government lobbying
Key Concepts
competitive advantage
government policy
Questions to Reflect On
- How should governments balance revenue and competitiveness?
- What alternatives exist to retain overseas jobs?
A Different Perspective
Tax incentives may create other economic distortions.
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