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Don't respond to what I said if you're not going to respond to what I said.
Actually all you did was ramble a bunch of nonsense, ignoring the fact that CEO's and other corporate executive have indeed been arrested and put in jail for actions they've taken on behalf of the corporations.
Don't respond to what I said if you're not going to respond to what I said.
what's to repond to????.....you are talking about PENELTIES for a COVICTION of cheating...NO CORP has been convicted, but some CEO's have been...when they were found to be doing something illegal.......but we (this TOPIC) is about WHY they dont pay AMERICAN taxes..and that is because they pay (and get CREDITED FOR) foreign taxes
fact: the corps that everyone is screaming about (ge, exxon, google, etc) are TRANSNATIONAL (global) corps...that do pay LOTS, and LOTS of taxes on their profits...just they dont pay ONE country, they pay multiple
and some of the corps that people are complaining about (shell, bp) are not even american at all
Google's effective tax rate is not a loophole. At most, you can say it's the result of exploiting the current rules and loopholes. Which one of those offends you?
By the way, why does Google choose to use the "Double Irish" method of moving & declaring their income, the result of which is that they pay their taxes to countries other than the US? Is it because the US corporate tax rate is so low? If we increase the tax rate, will we collect more tax revenue from Google?
I didn't say it was a new loop-hole, but a loop-hole nonetheless. They need to start reviewing them and closing them just like Reagan did. Even you agree that there are loop holes to be closed. The idea is to close them, and then lower the corporate tax rate in US. The problem is that some companies are better positioned to exploit the loop holes than some others. For example small businesses are unlikely to be able to benefit from the same cookies as the big multinationals, and that is not right. Close the loopholes and end subsidies, and lower the rate, that is my opinion. You do not share the same view, and that is cool. You are entitled to your opinion.
Last edited by Finn_Jarber; 08-17-2011 at 09:44 AM..
Well those on the left scream bloody murder if you mention a flat tax. No loop holes for anyone. That would ensure that everyone paid taxes.
Most of us want everyone to pay taxes with no loopholes. Its the left that only want to focus on 1 group and not all.
Well those on the left scream bloody murder if you mention a flat tax. No loop holes for anyone. That would ensure that everyone paid taxes.
Most of us want everyone to pay taxes with no loopholes. Its the left that only want to focus on 1 group and not all.
Well those on the left scream bloody murder if you mention a flat tax. No loop holes for anyone. That would ensure that everyone paid taxes.
Most of us want everyone to pay taxes with no loopholes. Its the left that only want to focus on 1 group and not all.
The left hates the idea of flat tax for the same reason that oligarchs like Putin love it. Besides the realization that it will only add to the burdens of the poor and the middle class.
I didn't say it was a new loop-hole, but a loop-hole nonetheless. They need to start reviewing them and closing them just like Reagan did. Even you agree that there are loop holes to be closed. The idea is to close them, and then lower the corporate tax rate in US. The problem is that some companies are better positioned to exploit the loop holes than some others. For example small businesses are unlikely to be able to benefit from the same cookies as the big multinationals, and that is not right. Close the loopholes and end subsidies, and lower the rate, that is my opinion. You do not share the same view, and that is cool. You are entitled to your opinion.
My small business files just like the "big boys".
What deduction do you like they can take that I can not???
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