Quote from: gandb77 on August 06, 2014, 04:42:48 AM
By the way, who makes up the tax deficit  that the businesses avoid?

Again you evidence that basic misunderstanding. It's the BUSINESSES money, not the governments. You act as if these businesses are making off with something that belongs to someone else. The first thing to consider if you're overspending (deficit) is whether all those expenses are necessary. Try walking into your boss and telling him/her you need a raise because you're having trouble making your Bentley payments.

Quote from: supsalemgr on August 06, 2014, 06:05:11 AM
Do you really believe corporations absorb those additional losses? No, it is a cost of business that is passed onto the consumer. Quite frankly, I would rather leave the funds with a private corporation than turn it over to a bunch of bureaucrats who are guaranteed to waste it.

Libs never seem to understand business, in the sense, it always pursues profit, will always charge what the mkt will bare.
Then govt comes along and interferes with the business model by increased pressure to raise more revenue via forced tax increase.

Business is left with a few options, capitulate and risk losing your customer, or higher lobbyists and get in bed with govt, which most business can't afford, or..the final option, close or move.

They fail to understand, business is not the enemy, govt is, it's an obstructive cancer.

Quote from: gandb77 on July 30, 2014, 04:29:05 PM
Elizabeth Warren recently gave a speech before congress castigating american companies for establishing their headquarters overseas to avoid U. S. taxes.  She was proposing support for a bill outlawing this practice called Inversion .
What is the position of this forums participants toward this practice and the bill Warren supports?

First of all, and I've stated this before, Elizabeth Warren is a dangerous progressive liberal.  What business does our government have to tell any corporation or business where they can and cannot move to?  Instead of proposing a bill to outlaw inversion, strangling businesses with higher taxes and Obamacare mandates they should be supporting a bill to give tax incentives to corporations and businesses to keep them here in the U.S.  What she is proposing is nothing more than government being able to "dictate" to companies how they do business.  Government should not be in the business to CONTROL business. Contrary to liberal warped thinking, you cannot create jobs and increase business by raising taxes on those same businesses.   IF it is not economical for a company to continue to do business in the U.S. then it is only logical that they move the business or create a tax domicile overseas.  It is logical and makes economic sense to lower corporate business taxes to keep business here.  By doing so, it would allow companies to profit and expand and CREATE JOBS ... something this administration has failed miserably at. Liberals feel that they should rob from the rich corporations and give to the poor.  This in essence is nothing more than a way to redistribute wealth.

Let me see, George H. Bush drafted NAFTA which was signed into law by Clinton to encourage "free trade"; as a result millions of jobs have been lost and hundreds of companies have moved overseas.  Now, they want to prevent companies from going overseas.   Am I missing something here??

While you "conservatives" believe in the things you espouse, you are mistaken in the belief that business exist to create jobs.  Businesses are as greedy as anyone else and will do those things that benefit themselves.
Nafta and Gatt  are not good programs as they allowed business to move manufacturing overseas while still having the benefit of the american markets, laws, and regulations.  Now Inversion further allows them to avoid taxes and still have the benefit of american markets, laws, and regulations.
It would seem that this hollowing out of america will eventually result in an america much like the third world south american countries.
Further illegal immigrations will further ensure this.

Quote from: gandb77 on August 09, 2014, 05:21:21 AM
While you "conservatives" believe in the things you espouse, you are mistaken in the belief that business exist to create jobs.  Businesses are as greedy as anyone else and will do those things that benefit themselves.

Dude, do you even read?

Quote from: Solar on August 09, 2014, 05:21:21 AMLibs never seem to understand business, in the sense, it always pursues profit

Quote from: Mountainshield on August 09, 2014, 05:46:04 AM
Dude, do you even read?

NICE. No answer, Just another attempt at belittlement.

Quote from: gandb77 on August 09, 2014, 05:52:20 AM
NICE. No answer, Just another attempt at belittlement.

-_-

Quote from: gandb77 on August 09, 2014, 05:21:21 AM
While you "conservatives" believe in the things you espouse, you are mistaken in the belief that business exist to create jobs.  Businesses are as greedy as anyone else and will do those things that benefit themselves.
Nafta and Gatt  are not good programs as they allowed business to move manufacturing overseas while still having the benefit of the american markets, laws, and regulations.  Now Inversion further allows them to avoid taxes and still have the benefit of american markets, laws, and regulations.
It would seem that this hollowing out of america will eventually result in an america much like the third world south american countries.
Further illegal immigrations will further ensure this.

And tell us. Who gave us NAFTA?

But don't confuse all business with corporations like GE, who no longer hold allegiance to any nation.
Just because a business incorporates, doesn't mean it's a soulless entity. Incorporating is a way of protecting the soul of the business from the greedy interests of govt and other corporate entities.
Eg. Chick A Fila.

If the left would help us do tort reform, incorporating wouldn't be as necessary, people wouldn't fear being sued for everything they have.

If you're going to attempt discussion on a any given topic, I suggest you at least make a grade school attempt at understanding it's basic premise and why it even has a need in existing.
Even the smallest business has to, unfortunately incorporate, in order to protect the owner from govt and a litigious public.

Quote from: gandb77 on August 09, 2014, 05:52:20 AM
NICE. No answer, Just another attempt at belittlement.

Mountainshield did answer you, but you did not comprehend it. The purpose of business is tp make a profit. One of the benefits of profit is it allows those businesses to hire people to enable growth and additional profit.

Quote from: supsalemgr on August 09, 2014, 08:04:23 AM
Mountainshield did answer you, but you did not comprehend it. The purpose of business is tp make a profit. One of the benefits of profit is it allows those businesses to hire people to enable growth and additional profit.

You'll have to excuse gandb77, like many leftists , he seems to believe that businesses are charities.

Quote from: supsalemgr on July 30, 2014, 05:20:25 PM
Who would expect anything less from an avowed leftist. American companies do not exist for the sole purpose of supplying the US Treasury with funds. Their goal is to produce a profit for their shareholders and by doing so offer opportunities for those employees who contribute to the success of the company. If leftists make success more difficult these companies use their expertise to overcome the barriers constructed by the leftists. This concept is foreign to libs.

Hold up here folks, sorry to rain on the hate E. Warren stupid liberal parade. But if they are as a legal entity going to also benefit from government services, shouldn't they also like every other citizen who benefits from government help to pay for said services? While yes it is true they are doing nothing illegal or outside the law. This does not necessarily mean the law shouldn't or cannot be changed. The problem, at it's root in my own opinion is the Sixteenth. Repeal that and this, along with many other "issues" go away, poof, overnight.

Quote from: daidalos on August 09, 2014, 08:17:53 AM
Hold up here folks, sorry to rain on the hate E. Warren stupid liberal parade. But if they are as a legal entity going to also benefit from government services, shouldn't they also like every other citizen who benefits from government help to pay for said services? While yes it is true they are doing nothing illegal or outside the law. This does not necessarily mean the law shouldn't or cannot be changed. The problem, at it's root in my own opinion is the Sixteenth. Repeal that and this, along with many other "issues" go away, poof, overnight.

these businesses are not evading taxes, which is illegal; but avoiding taxes which is quite legal. Nothing in the tax code requires that you pay as much tax as possible. Even individual taxpayers take advantage of the tax law.

Quote from: gandb77 on August 09, 2014, 05:21:21 AM
While you "conservatives" believe in the things you espouse, you are mistaken in the belief that business exist to create jobs.  Businesses are as greedy as anyone else and will do those things that benefit themselves.
Nafta and Gatt  are not good programs as they allowed business to move manufacturing overseas while still having the benefit of the american markets, laws, and regulations.  Now Inversion further allows them to avoid taxes and still have the benefit of american markets, laws, and regulations.
It would seem that this hollowing out of america will eventually result in an america much like the third world south american countries.
Further illegal immigrations will further ensure this.

??? Yes, corporations are greedy as is human nature.  Businesses exist to make money; however, the more jobs you are able to create the more you can expend your company and the bigger the profit you make.

You are absolutely correct NAFTA is NOT a good program and that program was promoted by BOTH parties. Regardless of what liberal mentality you are using you CANNOT raise taxes and expect businesses to stay.  IF your property taxes were to become unaffordable what would you do?  Stay where you are and declare bankruptcy and foreclose on your home or move to a state/city where taxes are more affordable?  Should we pass a bill that will NOT allow you to move and force you to stay and pay taxes till you lose your home?  This idea to stop inversion is no more than yet another effort at redistribution of wealth.

Liberal absurdity at it's best!

Why waste time with trying to pass a bill to correct the flaws and consequences of NAFTA when obviously it would be more logical to give tax incentives to corporations to continue doing business here and create jobs?

Oh, wait, that would actually BENEFIT America.  That is not what progressive liberalism wants and Elizabeth Warren with her millions is not out to help Americans.

This is not about the definition of Incorporation or it,s value.
This is not about raising taxes or the fairness of current tax laws.
This is not about how the government spends our money.
This is  simply about corporations avoiding paying taxes (legally or illegally)
and putting the resultant tax burden on individual taxpayers.

Are we sure that some on this forum are not actually shills for business?

Quote from: gandb77 on August 10, 2014, 04:05:12 AM
This is not about the definition of Incorporation or it,s value.
This is not about raising taxes or the fairness of current tax laws.
This is not about how the government spends our money.
This is  simply about corporations avoiding paying taxes (legally or illegally)
and putting the resultant tax burden on individual taxpayers.

Are we sure that some on this forum are not actually shills for business?

Maybe if I type this r-e-a-l-l-y s-l-o-w-l-y, you'll get it. Corporations don't pay taxes. Individual taxpayers pay taxes. Corporations COLLECT taxes by charging more than they otherwise would for goods and services, and pass the extra money on to the government as so-called "corporate income tax."

THE ENTIRE BURDEN IS ALWAYS ON INDIVIDUAL TAXPAYERS.