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.
For far too long companies like John Deere have been circumventing the Tax system to BENEFIT THEM....they've been riding the wave too long...it's time to pay up.
Since you seem to be proclaiming to have some information that the rest of us dont have.. HOW have they been circumventing the tax system? Do you have anything other than rederick?
For far too long companies like John Deere have been circumventing the Tax system to BENEFIT THEM....they've been riding the wave too long...it's time to pay up.
Yes. Brilliant.
Let's take about the only two heavy equipment manufacturers left in the US (CAT and Deere), ruin thier profits, force layoffs, and force them to shift manufacturing overseas.
It has nothing to do with taxation, as I noted in my post.
You CLEARLY have not read the healthcare bill...
Quote:
Originally Posted by FinkieMcGee
It does have everything to do with the government getting its hands out of my medicare.
Wait, I might have to rethink my position on this bill, after you tell me how government is getting their hands out of medicare.. Can you please provide me with information on this because I havent heard this part of the bill.
Quote:
Originally Posted by FinkieMcGee
Governments play games, but so do corporations. Everyone suffers as a result.
And this will of course just result in more games. The bill for example ONLY counts full time employees. Result.. Companies will begin to hire part time only to avoid paying taxes. You see NOTHING fixed, only making things worse..
Wait, I might have to rethink my position on this bill, after you tell me how government is getting their hands out of medicare.. Can you please provide me with information on this because I havent heard this part of the bill.
And this will of course just result in more games. The bill for example ONLY counts full time employees. Result.. Companies will begin to hire part time only to avoid paying taxes. You see NOTHING fixed, only making things worse..
I dunno, ask John Deere, that is literally what the corproation said in the article that I posted.
Yeah, there were plenty of voices saying the same thing. To implement this kind of tax increase when the economy is so weak is disastrous policy, but what does that matter, as long as obama gets his perceived "victory"?
Tell me what new tax they will be paying this quarter? It's almost over!
Some taxes kick in on signature of the bill and others kick in after 12/31/2010.
Companies have to start removing from profits for future taxes way ahead of time. They don't operate like individuals and wait until the last minute.
From the article:
"The world's largest construction equipment manufacturer by sales, warned last week that provisions in the legislation would subject the company to federal income taxes on the subsidies it receives for providing prescription drug benefits for its retirees and their spouses. "
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.
