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Where The Tax Cheats A Top 5 Metro Areas
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Hank©[_2_]
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First recorded activity by BoatBanter: Mar 2013
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Where The Tax Cheats A Top 5 Metro Areas
On 4/17/2013 7:32 AM, BAR wrote:
In article ,
says...
On Tue, 16 Apr 2013 23:09:05 -0400, Wayne B
wrote:
http://abcnews.go.com/Business/cities-tax-cheats/story?id=18958747&google_editors_picks=true#.UW4Mb ErlXQo
Interestingly enough sole proprietors in and around the Washington, DC
area were high on the list, as were members of trade associations or
labor unions.
The biggest tax cheats are the huge corporations that funnel their
profits overseas.
Corporations are not pulling their profits from overseas operation into the USA because of
double taxation, by the country where the profits were made and where the profits pulled into
the USA. No sane businessman would agree to having their $100 profit taxed at a local rate of
25% and then have that same $100 profit taxed at 35% resulting in converting their $100
profit into a $40 profit.
Do you mean that corporations like CZ guns are not paying any taxes on
the profits from their USA operations?
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Where The Tax Cheats A Top 5 Metro Areas