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[Hexus] Activision warns it might quit UK - Page 5

post #41 of 49
Quote:
Originally Posted by ItsEggrollTime View Post
You can't do that. There are international trade agreements that cannot be broken for butthurt revenge.



Lol. Businesses create prosperity. Without them there is no money for the government to tax. Big government proponents fail to realize the long term consequences of allowing the parasite to suck the host dry.

And people's salary should be directly proportional to their skill set, and how irreplaceable it is. Someone sitting in a factory screwing lids on bottles all day should be paid what they are worth - next to nothing. Their skillset contributes nothing to society and they are easily replaced by a monkey or machine. If they want more money then they should go to school to learn a valuable skill.
Thanks for handling that, I was hoping I didn't have to.

I'm wondering if Vhadi has ever stopped to realize that if Brittian relaxed their uber-taxes, companies like Activision might employ more people there, meaning more personal income tax revenue, and more employment.
    
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post #42 of 49
Quote:
Originally Posted by Half_Duplex View Post
Thanks for handling that, I was hoping I didn't have to.

I'm wondering if Vhadi has ever stopped to realize that if Brittian relaxed their uber-taxes, companies like Activision might employ more people there, meaning more personal income tax revenue, and more employment.
I hope you guys realize the largest period of economic growth in the US, 1945-1970 the top corporate bracket was 50% and the personal income tax top bracket over 90% until 1963 when it dropped to 70%. Maybe you should do some research before spouting off conservative talking points that are not grounded in fact.
post #43 of 49
Quote:
Originally Posted by ItsEggrollTime View Post
And people's salary should be directly proportional to their skill set, and how irreplaceable it is. Someone sitting in a factory screwing lids on bottles all day should be paid what they are worth - next to nothing. Their skillset contributes nothing to society and they are easily replaced by a monkey or machine. If they want more money then they should go to school to learn a valuable skill.
Seriously? So everyone in the US and Europe, and I mean every working man and woman should be paid about 1/4 of what they are currently receiving. There are literally millions of workers with the same skill sets or better which would take YOUR job in a heart beat for 1/4 to 1/2 of what you earn. Every single industry or sector of our economy would be subject to this.

IT industry is a prime example, they employees have fought so hard against the D1B visas so that their employers don't bring in labor which will work for much less. Employers on the other hand advertise positions and salaries which are not commensurate with the current going rate so that they can then fill the position with a D1B visa holder.

Heck it happens to Sheepherders and farm hands here in the states. The rancher advertises for a sheepherder and offers $600 a month flat rate so the shepherd can roam the back woods with the sheep 24/7 for 6 to 9 months. When no one applies he then states he cannot fill the position and then imports workers from Chile and Peru.

So get off your high horse and realize business is not your friend unless you OWN it. Then you are your employees enemy and it is in your best interest to find anyway necessary to cut the largest expense in most companies, payroll. Always remember there is always someone with your skill set somewhere in this world that will take your job for much less than you.

On topic: I can understand Activisions stance and they may even save money moving the folks they have so England beware.
Edited by Tufelhunden - 1/4/11 at 10:35pm
    
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post #44 of 49
Quote:
Originally Posted by Half_Duplex View Post
Thanks for handling that, I was hoping I didn't have to.

I'm wondering if Vhadi has ever stopped to realize that if Brittian relaxed their uber-taxes, companies like Activision might employ more people there, meaning more personal income tax revenue, and more employment.
Currently in the US in NJ alone business have increased sales by something like 700% in 2010 but unemployment has not gone down. The companies are hoarding the money paying their CEOs millions and firing the lower guys. There is no perfect solution and greed will almost always take priority over everything else. Activision is a pretty good example of this.
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post #45 of 49
Wait, people are still supporting Activision by buying their games? That's unfortunate. I guess I'm one of the few that voice their opinions with their wallets still.
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post #46 of 49
This Kotick quote really doesn't surprise me. Of any CEO I've ever had to read about, he has jumped out at me as one of the most vocal in describing his plans for maximizing Activision's profit margins... and I quote:

"really rewards profit and nothing else." (Concerning Kotick's incentive program for Activision employees)
-- San Francisco Deutsche Bank Securities Technology Conference 2009

"Long-term focus and commitment to providing superior returns to our shareholders."
"And Tony, you know if it was left to me, I would raise the prices even further."
-- Activision Blizzard Q2 2009 Earnings Call (http://seekingalpha.com/article/1541...nscript?page=8)

"First, right now we are ahead of our plans to realize the benefits of the combined company, especially our key profit and profit margin objectives."

"Why don’t we start with the Vivendi Games businesses -- there were a lot of different projects and businesses that we identified as not likely to achieve the profit margin potential that we look for."

"With respect to the franchises that don’t have the potential to be exploited every year across every platform with clear sequel potential that can meet our objectives of over time becoming $100 million plus franchises, that’s a strategy that has worked very well for us."

Kotick is just saying what every CEO is required to say -- if the costs go up, the equation changes. This is the same as any other goods industry, and frankly I'd be a little concerned if Kotick hadn't said something like this because it would mean that the market was breaking down (and we've already had enough of that, thank you)
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post #47 of 49
Quote:
Originally Posted by Hilltopper View Post
This Kotick quote really doesn't surprise me. Of any CEO I've ever had to read about, he has jumped out at me as one of the most vocal in describing his plans for maximizing Activision's profit margins... and I quote:

"really rewards profit and nothing else." (Concerning Kotick's incentive program for Activision employees)
-- San Francisco Deutsche Bank Securities Technology Conference 2009

"Long-term focus and commitment to providing superior returns to our shareholders."
"And Tony, you know if it was left to me, I would raise the prices even further."
-- Activision Blizzard Q2 2009 Earnings Call (http://seekingalpha.com/article/1541...nscript?page=8)

"First, right now we are ahead of our plans to realize the benefits of the combined company, especially our key profit and profit margin objectives."

"Why don’t we start with the Vivendi Games businesses -- there were a lot of different projects and businesses that we identified as not likely to achieve the profit margin potential that we look for."

"With respect to the franchises that don’t have the potential to be exploited every year across every platform with clear sequel potential that can meet our objectives of over time becoming $100 million plus franchises, that’s a strategy that has worked very well for us."

Kotick is just saying what every CEO is required to say -- if the costs go up, the equation changes. This is the same as any other goods industry, and frankly I'd be a little concerned if Kotick hadn't said something like this because it would mean that the market was breaking down (and we've already had enough of that, thank you)
I hope you're not surprised. The mission of corporations is to turn a profit.
post #48 of 49
Quote:
Originally Posted by kaxel View Post
I hope you guys realize the largest period of economic growth in the US, 1945-1970 the top corporate bracket was 50% and the personal income tax top bracket over 90% until 1963 when it dropped to 70%. Maybe you should do some research before spouting off conservative talking points that are not grounded in fact.
Please don't use that word to describe me. They are frauds who turn legitimate solutions into talking points, with no intention of carrying out on them.

And of course 1945-1970 saw unparalleled economic growth. That is when we gave birth to the military industrial complex and connected the country with interstate highways. It was a physical version of the creation of the internet. Highways allowed the creation of suburbs and made automobiles a necessity for the first time. We also didn't have the huge expenses of medicare or social security (until the end). Just like during the .com boom, success was inevitable.

Quote:
Originally Posted by Tufelhunden View Post
Seriously? So everyone in the US and Europe, and I mean every working man and woman should be paid about 1/4 of what they are currently receiving. There are literally millions of workers with the same skill sets or better which would take YOUR job in a heart beat for 1/4 to 1/2 of what you earn. Every single industry or sector of our economy would be subject to this.
True, but decreased salaries would be balanced out with a lower cost of goods and services.

Quote:
So get off your high horse and realize business is not your friend unless you OWN it.
So own it. Every person in a free country can be a business owner. They can start their own, or even better become a non-liable co-owner by investing in a corporation. There are no start up costs and it's affordable for everyone thanks to online brokers.

Quote:
Then you are your employees enemy and it is in your best interest to find anyway necessary to cut the largest expense in most companies, payroll. Always remember there is always someone with your skill set somewhere in this world that will take your job for much less than you.
Wouldn't be an issue if employees were actually paid based on their value. You get undercut because your salary is artificially inflated. If an equally proficient person is willing to work for less, then that is the true value of your skill set. Improve your abilities to earn more.

Quote:
On topic: I can understand Activisions stance and they may even save money moving the folks they have so England beware.
I do too, and England has nobody to blame but themselves if Activision moves.
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post #49 of 49
Quote:
Originally Posted by Razi3l View Post
Source.

Keep this OT.
I guess Activiison don't like the tax raises? lol
they are moving out the country because of a 2.5% tax rise?

hope wow does leave the UK. we will be freeeeeeeeeeee!
    
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