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#1
08-26-2011, 12:29 PM
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The only way to keep these corporations in America or to bring them back is to significantly lower corporate tax rates. But that is against everything liberals stand for.
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#2
08-26-2011, 12:40 PM
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http://www.examiner.com/finance-exam...oving-overseas
US corporate tax rates the primary cause for companies moving overseas The US corporate tax rate has become a new cause for companies to move overseas to avoid what is the largest tax burden in the industrialized world. At 35%, the US tax rate on companies and businesses is nearly triple the rates in some places, and well above the tax requirements of countries such as Ireland and Switzerland. In an expose on March 27th by CBS's 60 Minutes, hundreds of companies, and over $1.1 trillion dollars, are now being kept overseas providing nothing to the US economy due to stringent tax laws and regulations which make it difficult to invest, create new jobs, and find profitability if incorporated in America. Cisco alone has moved eight different companies to Ireland, where the tax rate is at 12.5%. On top of this, google, Facebook, and several other technical firms employ over 100,000 workers in Ireland, which they might otherwise employ in the US if the tax code was changed or adjusted. While many companies moved to China, India, and other places around the world for cheaper labor, one of the main reasons for the move offshore was the draconian tax rates the US government imposes on businesses headquartered domestically. In an poll taken in January on the Fair Tax, over 500 companies said they would instantly move back to the United States if this tax structure were implemented in the economy.
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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln
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#3
08-26-2011, 02:15 PM
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Poor, poor huge corporations! My heart bleeds for them ....
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#4
08-26-2011, 02:24 PM
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don't run out of ammo.
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#5
08-26-2011, 02:29 PM
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Riot, do you smoke Meth?
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#7
08-26-2011, 02:48 PM
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What has been the rate of inflation for the past five years?
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#8
08-26-2011, 02:51 PM
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It is just basic math, which is a handicap of our government. That is the reason for the most complex tax code imaginable. Glad your rates are down though, you must have many loopholes available.
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don't run out of ammo.
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#9
08-26-2011, 02:54 PM
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#10
08-26-2011, 02:59 PM
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An excellent accountant is a fantastic way to get out of "paying your share" or "contributing to the greater good." Good for you, you selfish business owning evil LLC or S Corp.
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don't run out of ammo.
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#11
08-26-2011, 03:51 PM
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#13
08-26-2011, 04:06 PM
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Think about it kids are young so they can work more hours, dont get serious ilnesses like adults do and are a long way from pensions! Yes major corporations are all looking to repeal child labor laws.
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#14
08-26-2011, 04:13 PM
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Tell me, what do you think about the Republican state rep child labor law change proposal in Missouri prohibiting employment of children under 13, and also that children less than 13 can work in mines, work with hazardous equipment, etc? Or the GOP rep in Georgia, that wants children to be allowed to work increased hours, and until 11pm? Or the two bills in House Committee, GOP-sponsored?
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#15
08-26-2011, 04:00 PM
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Geesh, do you guys pay no attention at all?  Is it really easier to pretend that because you don't see the elephant, no creature such as an elephant could possibly exist?
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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