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Does that have anything to do with you being incorrect about taxation?
Irwin is not in jail because he's too stupid to understand the tax code (like Geithner), he's in jail because he chose not to pay.
You got some talking head who blathers on cable TV?
As I said all companies that do business in the US regardless of domicile pay taxes on US based income. Several companies have relocated offshore to avoid many of our disclosure and ethics laws, which apply to their international operations if they are US domicile companies.
You got some talking head who blathers on cable TV?
CBS and ABC are cable TV? Holy moly!
Quote:
As I said all companies that do business in the US regardless of domicile pay taxes on US based income. Several companies have relocated offshore to avoid many of our disclosure and ethics laws, which apply to their international operations if they are US domicile companies.
Well then, that just means there's more incentive to not get involved with doing business here altogether.
Well then, that just means there's more incentive to not get involved with doing business here altogether.
I'm not too worried about companies who don't want to do business in the United states. For every one that doesn't there are ten that will jump at the chance.
I'm not too worried about companies who don't want to do business in the United states. For every one that doesn't there are ten that will jump at the chance.
Now THAT'S funny!
Look at all those prospective buyers for GM and Ford all of those companies looking to open factories over here! Oh wait, that's the godvernment opening shop. Dern it.
Look at all those prospective buyers for GM and Ford all of those companies looking to open factories over here! Oh wait, that's the godvernment opening shop. Dern it.
Notice Toyota, BMW, et al are happy to expand in the US. GM & Ford make crappy products in the US.
Notice Toyota, BMW, et al are happy to expand in the US. GM & Ford make crappy products in the US.
Toyota/BMW/et al get local incentives to expand their operations here by municipalities. The municipalities get their bailouts from the government, and the government gets that money back in the form of corporate tax. This sounds awfully familiar...
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Homer Simpson: Okay, boy. This is where all the hard work, sacrifice, and painful scaldings pay off. Employee: Four pounds of grease... that comes to... sixty-three cents. Homer Simpson: Woo-hoo! Bart Simpson: Dad, all that bacon cost twenty-seven dollars. Homer Simpson: Yeah, but your mom paid for that! Bart Simpson: But doesn't she get her money from you? Homer Simpson: And I get my money from grease! What's the problem?
Anyone scared and wants to cash out of america because corporations might not invest their whatever doo dads here, I'll be more than glad to pay $1,000 for the deed to your home so you can afford one way airfare to switzerland. I'm you're new benevolent overloard making sure you don't pay taxes to a nation who fed you all well ever again. I promise, ZERO taxes! Free lunch (on the plane) for everybody!
So companies that are now tax dodging, want to tax dodge more...
"One trend that we see is that particularly Bermuda-based companies are now moving to Switzerland"
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