About that Bailout...

[Pwns]

The point is:
If America's largest corporations don;t like the TAX Structure
They mostly just pass it on to the consumer
or make deals with their local and state officials

or

Move their Headquarters
and dodge the associated taxes that go along with that
but the idea that America is unfriendly to business due to over taxation is ridiculous

And I keep waiting for the definitive article or write up that shows how much its hurting
that really uses all the data and isn't predisposed to any one conclusion BEFORE its written

Chizz, we have among the highest corporate tax rates in the world. You can find a fact-check analysis on politifact.

Sure you've got the loop holes but how many can use them and hiw often?

Or do you think Burger King threatened to move to Canada because they didn't like the weather?

[Chizzang]

The point is:
If America's largest corporations don;t like the TAX Structure
They mostly just pass it on to the consumer
or make deals with their local and state officials

or

Move their Headquarters
and dodge the associated taxes that go along with that
but the idea that America is unfriendly to business due to over taxation is ridiculous

And I keep waiting for the definitive article or write up that shows how much its hurting
that really uses all the data and isn't predisposed to any one conclusion BEFORE its written

Chizz, we have among the highest corporate tax rates in the world. You can find a fact-check analysis on politifact.

Sure you've got the loop holes but how many can use them and hiw often?

Or do you think Burger King threatened to move to Canada because they didn't like the weather?

OMG..!!!
What's America going to do without Burger King Corporate Offices

[Baldy]

God I hope not, you and klam have exploded enough estrogen on this thread as it is. All we need now is corndawg and the three of you could have a Tupperware party.

Overseas tax shelters aren't always bad for America, but they certainly aren't good, either. I hope corporations act according to their own self interest, but their interests and America's interest should be more aligned than they are. Capital, like water and electricity is going to flow on the path of least resistance. That path now seems to be flowing in overseas tax shelters. The Holy Grail isn't just low tax rates, but that is the driving force to why these corporate inversions happen. It sucks, but the only way this gets fixed is through Congress. Obama's pen and phone aint gonna do shit this time.

Question: how do market forces align corporate self interest with Americas interests?

Think about it yourself. I'm not going to always be here for you.

[Baldy]

Chizz, we have among the highest corporate tax rates in the world. You can find a fact-check analysis on politifact.

Sure you've got the loop holes but how many can use them and hiw often?

Or do you think Burger King threatened to move to Canada because they didn't like the weather?

OMG..!!!
What's America going to do without Burger King Corporate Offices

OMG..!!!

2011?

Why did you build this straw man with 2011 data?

[Baldy]

God I hope not, you and klam have exploded enough estrogen on this thread as it is. All we need now is corndawg and the three of you could have a Tupperware party.

Overseas tax shelters aren't always bad for America, but they certainly aren't good, either. I hope corporations act according to their own self interest, but their interests and America's interest should be more aligned than they are. Capital, like water and electricity is going to flow on the path of least resistance. That path now seems to be flowing in overseas tax shelters. The Holy Grail isn't just low tax rates, but that is the driving force to why these corporate inversions happen. It sucks, but the only way this gets fixed is through Congress. Obama's pen and phone aint gonna do shit this time.

Things have a way of working themselves out...
15 years ago it was CHINA..!!! CHINA..!!!
we're all going to be unemployed

Now it's lower taxes for Corporations they're dying
and running away



What's Fox News going to tell you to girls to cry about next..?

*two

China is poised the be the #1 economy in the world, so there's that.

[kalm]

Question: how do market forces align corporate self interest with Americas interests?

Think about it yourself. I'm not going to always be here for you.

It's a sincere question and I'm guessing there's an answer somewhere. I'd honestly like to hear it.

Don't be lazy in your neo-liberalism Baldy.

[kalm]

Chizz, we have among the highest corporate tax rates in the world. You can find a fact-check analysis on politifact.

Sure you've got the loop holes but how many can use them and hiw often?

Or do you think Burger King threatened to move to Canada because they didn't like the weather?

OMG..!!!
What's America going to do without Burger King Corporate Offices

At some point, you'd think conks would realize the full statutory rate meme doesn't fly yet they keep whipping it out like it has meaning.

[Baldy]

At some point, you'd think conks would realize the full statutory rate meme doesn't fly yet they keep whipping it out like it has meaning.

Responses like his is why I'm telling you that you need to do your own work.

You've been taught by now (on more than one occasion) that the corporate income tax rate is only a portion of the problem.

[kalm]

At some point, you'd think conks would realize the full statutory rate meme doesn't fly yet they keep whipping it out like it has meaning.

Responses like his is why I'm telling you that you need to do your own work.

You've been taught by now (on more than one occasion) that the corporate income tax rate is only a portion of the problem.

Huh?

[Chizzang]

Things have a way of working themselves out...
15 years ago it was CHINA..!!! CHINA..!!!
we're all going to be unemployed

Now it's lower taxes for Corporations they're dying
and running away



What's Fox News going to tell you to girls to cry about next..?

*two

China is poised the be the #1 economy in the world, so there's that.

Why shouldn't the largest country in the world have the largest economy in the world..?
and like taxes - just because it hurts your feelings isn't really a good answer

[Grizalltheway]

*two

China is poised the be the #1 economy in the world, so there's that.

Why shouldn't the largest country in the world have the largest economy in the world..?
and like taxes - just because it hurts your feelings isn't really a good answer

No shit. And their GDP per capita is still south of $8,000.

[kalm]

Think about it yourself. I'm not going to always be here for you.

It's a sincere question and I'm guessing there's an answer somewhere. I'd honestly like to hear it.

Don't be lazy in your neo-liberalism Baldy.

Still curious for an answer here.

[CAA Flagship]

It's a sincere question and I'm guessing there's an answer somewhere. I'd honestly like to hear it.

Don't be lazy in your neo-liberalism Baldy.

Still bi-curious for an answer here.

FIFY

[Baldy]

Responses like his is why I'm telling you that you need to do your own work.

You've been taught by now (on more than one occasion) that the corporate income tax rate is only a portion of the problem.

Huh?

[Baldy]

*two

China is poised the be the #1 economy in the world, so there's that.

Why shouldn't the largest country in the world have the largest economy in the world..?
and like taxes - just because it hurts your feelings isn't really a good answer

Yeah, I agree. A higher standard of living is soooo overrated.

[Baldy]

It's a sincere question and I'm guessing there's an answer somewhere. I'd honestly like to hear it.

Don't be lazy in your neo-liberalism Baldy.

Still curious for an answer here.

Lemme help you get started...

http://www.google.com

[kalm]

Still curious for an answer here.

Lemme help you get started...

http://www.google.com

It's ok that you don't have an answer. It's a tough one.

[Chizzang]

Lemme help you get started...

http://www.google.com

It's ok that you don't have an answer. It's a tough one.

I'm actually surprised how adamant Baldy is
yet he's got nothing (as best I can figure) to be adamant about
other than some vagaries & buzz phrases...

When asked to "get specific" he comes up with .002 percent of Apple is employed in Ireland
and China has a HUGE economy...



after finally admitting that taxes wasn't exactly the problem
Gee thanks for sharing you concerns Baldy
I'm waiting for him to admit chief executives get paid a lot less in Europe
which is another HUGE reason corporations move their Headquarters



It ain't just "TAXES"

[kalm]

It's ok that you don't have an answer. It's a tough one.

I'm actually surprised how adamant Baldy is
yet he's got nothing (as best I can figure) to be adamant about
other than some vagaries & buzz phrases...

When asked to "get specific" he comes up with .002 percent of Apple is employed in Ireland
and China has a HUGE economy...



after finally admitting that taxes wasn't exactly the problem
Gee thanks for sharing you concerns Baldy
I'm waiting for him to admit chief executives get paid a lot less in Europe
which is another HUGE reason corporations move their Headquarters



It ain't just "TAXES"

He might also point (he has before and perhaps rightfully so here) the enormous cost of regulatory filings and code compliance on American businesses. Although I don't know how it stacks up to other countries.

I'm guessing it's much cheaper in Sierra Leone. Maybe Ireland too.

[Pwns]

Why hasn't anyone told those companies in that graph paying 30+ percent in taxes about all the loopholes and deductions they can get from the tax code?

[JohnStOnge]

And you need to better understand the references to early 20th century fascism (also with qualifiers). The author is accurate here.

No he isn't. Capitalism was not "at the heart of polity" in the 20th century fascist systems he referenced. The dictators were.

[BDKJMU]

Responses like his is why I'm telling you that you need to do your own work.

You've been taught by now (on more than one occasion) that the corporate income tax rate is only a portion of the problem.

Huh?

Compliance costs. It would be a lot cheaper for a company to have to pay a flat rate of X with 0 deductions/loopholes than have to spend a lot of $$ to get down to an effective rate of X..Also they wouldn't have to alter the way they do business.

[Chizzang]

Why hasn't anyone told those companies in that graph paying 30+ percent in taxes about all the loopholes and deductions they can get from the tax code?

They have - which is why the Red Herring is moot...
EVERY SINGLE large public company in the UNITED STATES
would move their corporate Headquarters if it was a good financial decision



Truth is it doesn't usually make financial sense - only sometimes

[AZGrizFan]

Why hasn't anyone told those companies in that graph paying 30+ percent in taxes about all the loopholes and deductions they can get from the tax code?

They have - which is why the Red Herring is moot...
EVERY SINGLE large public company in the UNITED STATES
would move their corporate Headquarters if it was a good financial decision



Truth is it doesn't usually make financial sense - only sometimes

Do large public companies pay a different tax structure than large private companies?

[Chizzang]

They have - which is why the Red Herring is moot...
EVERY SINGLE large public company in the UNITED STATES
would move their corporate Headquarters if it was a good financial decision



Truth is it doesn't usually make financial sense - only sometimes

Do large public companies pay a different tax structure than large private companies?

Well technically and in accordance with ((GAAP)) Yes...
But then again no (more on that later)

The difference is:
Public companies MUST (required by law) disclose quarterly financial performance
To Mom and Dad (otherwise known as) The Securities and Exchange Commission
and their Shareholders (The Kids)

Since the primary goal of a public company is to increase profits for its shareholders...
By any means necessary - All avenues of profit grabbing are typically explored