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It has to do with both plus other business considerations in addition, as do German carmakers' assembly plants all over the developing world. German multinational companies like to pay lip service to the sanctity of the German worker in Germany, but they play the global business game just as well as anyone else.
But all that is neither here nor there with regard to the original topic. Throw out the word "corporation" and certain left-leaning folks instinctively think of big evil corporations cheating the tax code to maximize their profits. Lost in this Pavlovian response is the fact that the vast majority of corporations are small businesses, many of them unprofitable so there's nothing to tax, and of those that are profitable, many if not most are pass-through or "S" corporations where the profits are taxed directly as income to the shareholders -- whether it's distributed to the shareholders or not -- rather than taxed as corporate profits.
The only reason I point that out is because manufacturing plants tend to do with actual issues of cost and quality while assembly plans are just where they put everything together. Thus you put the manufacturing where you think you will get the best cost/quality deal and assembly plants wherever your buyers are.
With that said, I understand that about small business and s-corps since my family has an s-corp, but I don't think that is what people tend to think of when they think of corporations. As to multinationals I have mixed feeling on this topic because in some ways I think it would be problem solved if we tweak our corporate tax policies a bit to allow for repatriation of money, but on the other hand I don't like this idea of corporations as people because they seem to shift between being people when they want to be and not being people when they choose to be.
I complain all the time that unions dont pay any taxes...unions are corporations
I dont feel ANY organization should be tax exempt...to include churches
and most corps do pay taxes..but since the globalist liberals have push the 'transnational' organizations..they get breaks in the USA for taxes they paid to OTHER countries
it like exxon..the paid 15 billion in USA taxes (but was able to deduct 10) for a total of 5 billion...why becauise they paid over 20 billion in foreign taxes
Agree with pretty much everything you said except the part in bold.
If you tax churches then you have to let churches do their things in the public space -- such as praying and discussing religion in public schools, religion driving government agenda, religious favoritism written into law, etc. The whole concept of "separation of Church and State" is riding on one iron-clad principal: You don't screw with us and you don't get to play in our sandbox. In exchange, we don't screw with you and we don't get to play in your sandbox.
Right or wrong, taxing churches violates the terms of the contract.
But outside of that, no there should not be any organization that is tax exempt. 99% of non-profit organizations are a classic case of a tax evading scam. There are tons of other examples!
My answer to the question of the thread is that the right wingers dont want the corporate 'people' paying taxes, just the middle class and the poor- the upper classes should not be taxed as they are the (hymnal music) 'job creators'
The job creators that's a laugh, the corporations rule this country, if you're not nice to them you will not receive your weekly allowance or kickback
"(Reuters) - Most U.S. and foreign corporations doing business in the United States avoid paying any federal income taxes, despite trillions of dollars worth of sales, a government study released on Tuesday said."
So right wingers like tea partiers whine and complain that someone making $8 an hour is not paying taxes, yet they say nothing about "someone" who makes trillions of dollars and pays no taxes.
The investors that hold stock in the corporation are separate entities than the corporation.
Which is EXACTLY why they are considered people
Quote:
Originally Posted by JazzyTallGuy
People receive benefits in terms of being shielded from liability of actions they may take as an employee of officer of a corporation. They can also receive benefits like cars, houses, and other things that are owned by the corporation. Therefore they technically don't pay for these things. In most cases incorporation offers far more benefits to high assets individuals than liabilities. Especially if they have good tax lawyers and accountants.
You need a new accountaing if you think you can receive things like cars, houses etc. You are going to end up in jail for tax fraud because any such benefits are taxed as income.
So Obama IS to blame for the current deficits right?
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