Taxation

Barack Obama's economic policy is extraordinary. He's getting into the realm of benefits, and trying to impact profitability, margins, and net income gains for his people. The core principle of Human Resources Management is to devise effective performance management systems, and methods to improve employee morale. Goals have to be really key, and effective. They need to either focus on growth, costs, margin, or on people expansion. The very crux of Goal Setting is to have SMART Goals- Specific, Measurable, and if they are not achievable they cannot really be trusted by the wide network of teams, families that depend on them. Can business results sustain families? Can business growth, revenue drive economic growth? The margins of a product impacts the profitability of a company, and improves the tax receipts to the exchequer- the government. Here's the things that can influence the balance of trade between Emerging Economies, and US 1. End Deductions for outsourcing companies- The government was helping give tax benefits to employers to offshore, outsource business. The tax deduction helped businesses (small and medium companies ) to create jobs in their home countries. An immigrant could outsource work to his/her home country, and gain monetary returns. In the new way of thinking- Obama's government policy is really looking at giving tax credit for companies to bring jobs home. 2. Fight unfair trade practices: That goes for manufacturing units, Blue Collar workers, and those that labor in the garment factories, or automotive plants. What does this mean for emerging economies??

3. Train 2 million workers through community colleges: Education in Private colleges, and state run colleges is the most luxurious piece of item on a resume. American colleges are respected for the rigor they bring, the science and logic they employ, and the connections they flaunt. An average Joe, could be 30 year old educated graduate with limited professional skills, to get started in the real world. That's why community colleges are helping train students to acquire business, professional sensibilities 4. Double Vehicle Fuel Economy by 2025: That's how energy is controlled. If there is a higher fuel economy, the reliance on foreign oil prices, and the externalization on energy consumption would be minimum. As a consultant, I'd always be careful about the forecasts from 2016-2025. Growth is not given, and market shares are not taken for granted. To goals that are SMART, and forces that are realistic. May we live in real times!