Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Sure, that'll work.. I'd love to see the IRS say they can tax a company that rests outside the US border..
Always want someone else to do your homework?
Quote:
The United States asserts jurisdiction to tax foreign corporations only if they are engaged in business in the United States or receive income from sources within the United States. Foreign corporations that are engaged in a trade or business in the United States are subject to net-basis income tax under §882 on any of their income that is “effectively connected” with that business.
They obviously pay the most. I'd rather get their $10,000.00 before I'd opt for your $10.00
Not just that but name one time in American history, just one time, where increasing the tax rate actually increased the amount of money collected by the US treasury.
The wealthy have sucked up American resources like no other time in history. Why does the right-wing want more tax cuts for the wealthy at the expense of others and well being of our country?
A better question is why does jojajn ask about the right wing wanting more tax cuts for the wealthy when the Republicans voted in favor of letting the Bush tax cuts on the upper income earners expire and the Republican platform for the last election was no reduction of the tax burden on the rich?
Why do you misrepresent what the right wing wants? Do you feel that the left wing's policies are so weak that they can't compete without lying about the right wing? Shouldn't you be able to win against the right wing without needing to use dishonesty?
A better question is why does jojajn ask about the right wing wanting more tax cuts for the wealthy when the Republicans voted in favor of letting the Bush tax cuts on the upper income earners expire and the Republican platform for the last election was no reduction of the tax burden on the rich?
Why do you misrepresent what the right wing wants? Do you feel that the left wing's policies are so weak that they can't compete without lying about the right wing? Shouldn't you be able to win against the right wing without needing to use dishonesty?
Are you talking about a different Republican party than the one in the USA? Under the Romney/Ryan plan the wealthiest Americans would pay no taxes. So, where in the world do you get your info?
A better question is why does jojajn ask about the right wing wanting more tax cuts for the wealthy when the Republicans voted in favor of letting the Bush tax cuts on the upper income earners expire and the Republican platform for the last election was no reduction of the tax burden on the rich?
Why do you misrepresent what the right wing wants? Do you feel that the left wing's policies are so weak that they can't compete without lying about the right wing? Shouldn't you be able to win against the right wing without needing to use dishonesty?
That would help. A high tax rate for the wealthy but with a lot of hefty tax deductions for reinvestment in our country.
Tax hikes always hurt he economy. The wealthy will survive; they would just put more of their money in tax-free investments. The middle class would suffer the most.
Tax hikes always hurt he economy. The wealthy will survive; they would just put more of their money in tax-free investments. The middle class would suffer the most.
"Always" is too broad of a term. Reagan, Bush, Clinton, and Obama have all raised rates.
Actually no there weren't more. The loopholes and deductions had about the same effect as now, which was to halve the effective rate. so from a 90% rate that had a effective rate estimated to be 41%, we're now down to a 39% rate that for the richest has a effective rate of about 22%.
Actually, there were more loopholes. Back then you could even claim the interest owed on a department store credit card.
Also, after the Reagan (and Bush) tax cuts, the wealthy were actually paying more, by percent, in taxes than they were before.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
