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A rip in the space-time continuum
In article ,
says... On Thu, 11 Aug 2011 07:55:44 -0400, BAR wrote: In article , says... On 8/10/2011 9:28 PM, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Abusive tax rate? You haven't been keeping up have you. Over fifteen hundred Corporations paid no tax. If a corporation is paying the 35% they better get a new tax accountant. When they do pay taxes, everything including the kitchen sink is deducted before taxes. Individuals usually pay a higher rate. This spiel is getting old. Surprised many still swallow it. If they make their money here, on Americans, they should pay their taxes here to support the Republic. If they paid their share everyone else could pay less, in theory. If I have $100 billion in China and I pay 15% tax in China I have $85 billion. Then when I repatriate that money I pay 35% on my $100 billion leaving me with $50 billion. Why would I ever want to lose half of my profits just to bring the money to the USA? If they want to sell products in this country, they should have to pay their fair share of taxes like everyone else. Should we in turn pay taxes to all of the countries that we export to? |
A rip in the space-time continuum
On 11/08/2011 6:35 AM, BeachBum wrote:
On 8/11/2011 1:45 AM, Canuck57 wrote: On 10/08/2011 8:27 PM, wrote: On Wed, 10 Aug 2011 21:28:17 -0400, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Too bad we don't penalize companies who ship jobs overseas or reform the tax code, so that companies who do business in the US pay US taxes. Taxing companies in foreign countries - they are just going to tell the USA to **** off. And why some have already moved. DC can tax them on imports, but Americans pay. Sort of like oil, tax oil you pay. As it should be. Did you know that DA Plume's native Iceland is actually one of our better trading partners. Their exports (fish) to us are less than our exports to them. But our trade balances with China, Mexico, Canada,Japan, and Germany need fixing. Maybe some more tariffs on them. And eliminate Nafta. NAFTA haters would like to cut their own throats. Fact is if you have to pay more for things, you will consume less. You can't protect your way to prosperity but you can raise costs and lower consumption. Be my guess, the people that hurt the worst with this bull**** are the same ones that propel it. For example, local office furniture shop needs steel, but has to buy inferior and more costly US steel has to charge more for furniture and offset it with lower wages or higher prices. In the process people buy less and less employment. In the end less prosperity for all. Take oil. Go ahead, tax them more. They will pass the costs right to you at the pump. -- Seems like paying your bills with real money is no longer the accepted behavior in USA. Perhaps that is the problem and not the the solution. |
A rip in the space-time continuum
On Thu, 11 Aug 2011 13:53:15 -0400, wrote:
On Wed, 10 Aug 2011 23:35:14 -0600, Canuck57 wrote: On 10/08/2011 7:28 PM, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Funny, I don't blame them. A iPad made in China and sold in China is supposed to pay DC income tax? Maybe China should impose a 5% currency loss taxes on US.... Hear yourself think? Look GE, putting $2B into China, moving its medial where the profits are. Makes sense. You backwards fleabeggars need to know the universe does not rotate around USA. Who knows, maybe Apple will pick up sticks and move to China. All USA has to offer is just more debt and debt-taxation. Which is really why jobs suck, not a good environment. Apple already does virtually all of it's manufacturing and assembly in China and they do most of the markup there so they do not look that profitable when they are sold here. The answer would be to tax these products coming into the country at the same rate China taxes our products going into their country. We give China unreasonable breaks and then wonder why they are winning the trade war. FACT: I bought a disk enclosure on Ebay that ended up coming from China. Total cost including shipping was $2.30 and came air mail USPS. I just mailed a pair of sunglasses to my daughter 150 miles away in West Palm, it cost $1.79 USPS. Both boxes weighted about the same (3.5-4 oz rate). Assuming the part was 30 cents, how can you ship something half way around the world for virtually the same price as it costs to ship across a skinny state? I sent a camera to China last year and the price was about the same as sending it to Australia (close to $80). If I got the same box from China it would be cheaper than sending it to Miami. Why is that? A few years back I flew to Amsterdam. The cost from Dulles to Amsterdam and return was half again as much as the cost of flying from Amsterdam to Dulles and return. Same airlines. |
A rip in the space-time continuum
On Thu, 11 Aug 2011 13:19:25 -0400, iBoat_Often wrote:
In article , says... On Thu, 11 Aug 2011 07:55:44 -0400, BAR wrote: In article , says... On 8/10/2011 9:28 PM, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Abusive tax rate? You haven't been keeping up have you. Over fifteen hundred Corporations paid no tax. If a corporation is paying the 35% they better get a new tax accountant. When they do pay taxes, everything including the kitchen sink is deducted before taxes. Individuals usually pay a higher rate. This spiel is getting old. Surprised many still swallow it. If they make their money here, on Americans, they should pay their taxes here to support the Republic. If they paid their share everyone else could pay less, in theory. If I have $100 billion in China and I pay 15% tax in China I have $85 billion. Then when I repatriate that money I pay 35% on my $100 billion leaving me with $50 billion. Why would I ever want to lose half of my profits just to bring the money to the USA? If they want to sell products in this country, they should have to pay their fair share of taxes like everyone else. Should we in turn pay taxes to all of the countries that we export to? Never said "export to." They have a going concern and are headquartered here. They should pay taxes here. |
A rip in the space-time continuum
On Thu, 11 Aug 2011 13:40:24 -0400, wrote:
On Wed, 10 Aug 2011 19:27:43 -0700, wrote: On Wed, 10 Aug 2011 21:28:17 -0400, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Too bad we don't penalize companies who ship jobs overseas or reform the tax code, so that companies who do business in the US pay US taxes. One wise statement in a row, keep up the good work ;-) Is this a right wing agenda item or a pro-American business agenda item? :) |
A rip in the space-time continuum
On Thu, 11 Aug 2011 13:53:15 -0400, wrote:
On Wed, 10 Aug 2011 23:35:14 -0600, Canuck57 wrote: On 10/08/2011 7:28 PM, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Funny, I don't blame them. A iPad made in China and sold in China is supposed to pay DC income tax? Maybe China should impose a 5% currency loss taxes on US.... Hear yourself think? Look GE, putting $2B into China, moving its medial where the profits are. Makes sense. You backwards fleabeggars need to know the universe does not rotate around USA. Who knows, maybe Apple will pick up sticks and move to China. All USA has to offer is just more debt and debt-taxation. Which is really why jobs suck, not a good environment. Apple already does virtually all of it's manufacturing and assembly in China and they do most of the markup there so they do not look that profitable when they are sold here. The answer would be to tax these products coming into the country at the same rate China taxes our products going into their country. We give China unreasonable breaks and then wonder why they are winning the trade war. FACT: I bought a disk enclosure on Ebay that ended up coming from China. Total cost including shipping was $2.30 and came air mail USPS. I just mailed a pair of sunglasses to my daughter 150 miles away in West Palm, it cost $1.79 USPS. Both boxes weighted about the same (3.5-4 oz rate). Assuming the part was 30 cents, how can you ship something half way around the world for virtually the same price as it costs to ship across a skinny state? I sent a camera to China last year and the price was about the same as sending it to Australia (close to $80). If I got the same box from China it would be cheaper than sending it to Miami. Why is that? I suspect they are building the cost of shipping into the price that is paid for the item. I pay about $14 (depending) to ship a skirt to Australia. I pay less than $5 to ship the skirt anywhere in the US. |
A rip in the space-time continuum
In article ,
says... On Thu, 11 Aug 2011 13:19:25 -0400, iBoat_Often wrote: In article , says... On Thu, 11 Aug 2011 07:55:44 -0400, BAR wrote: In article , says... On 8/10/2011 9:28 PM, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Abusive tax rate? You haven't been keeping up have you. Over fifteen hundred Corporations paid no tax. If a corporation is paying the 35% they better get a new tax accountant. When they do pay taxes, everything including the kitchen sink is deducted before taxes. Individuals usually pay a higher rate. This spiel is getting old. Surprised many still swallow it. If they make their money here, on Americans, they should pay their taxes here to support the Republic. If they paid their share everyone else could pay less, in theory. If I have $100 billion in China and I pay 15% tax in China I have $85 billion. Then when I repatriate that money I pay 35% on my $100 billion leaving me with $50 billion. Why would I ever want to lose half of my profits just to bring the money to the USA? If they want to sell products in this country, they should have to pay their fair share of taxes like everyone else. Should we in turn pay taxes to all of the countries that we export to? Never said "export to." They have a going concern and are headquartered here. They should pay taxes here. Um, do you not think that in order to sell products in this country that a foreign entity would have to export those products here??? |
A rip in the space-time continuum
On 11/08/2011 11:53 AM, wrote:
On Wed, 10 Aug 2011 23:35:14 -0600, wrote: On 10/08/2011 7:28 PM, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Funny, I don't blame them. A iPad made in China and sold in China is supposed to pay DC income tax? Maybe China should impose a 5% currency loss taxes on US.... Hear yourself think? Look GE, putting $2B into China, moving its medial where the profits are. Makes sense. You backwards fleabeggars need to know the universe does not rotate around USA. Who knows, maybe Apple will pick up sticks and move to China. All USA has to offer is just more debt and debt-taxation. Which is really why jobs suck, not a good environment. Apple already does virtually all of it's manufacturing and assembly in China and they do most of the markup there so they do not look that profitable when they are sold here. The answer would be to tax these products coming into the country at the same rate China taxes our products going into their country. Yep. And Americans pay the taxes. In a way you just made a case not to tax companies but to tax consumption. The same argument many a VAT or sales taxes types profess. No reason for an Apple product made in China sold in China should pay US taxes. We give China unreasonable breaks and then wonder why they are winning the trade war. Not entirely accurate. US culture is now lazy, lethargic, mentally lazy entitlement types and falling behind. People don't want work, they want welfare. Mind you there are those working hard and cleaning up. Operative word, work. FACT: I bought a disk enclosure on Ebay that ended up coming from China. Total cost including shipping was $2.30 and came air mail USPS. I just mailed a pair of sunglasses to my daughter 150 miles away in West Palm, it cost $1.79 USPS. Both boxes weighted about the same (3.5-4 oz rate). Assuming the part was 30 cents, how can you ship something half way around the world for virtually the same price as it costs to ship across a skinny state? US costs and wages are too high. Outside of US, everything is cheaper, capital costs, wages, taxes, utilities, materials.... Taxation for example is a multiplier of over valuation. $200/hr to clean teeth, government gets 1/2, doubles the cost of life. Necessitating inflated wages. I sent a camera to China last year and the price was about the same as sending it to Australia (close to $80). If I got the same box from China it would be cheaper than sending it to Miami. Why is that? -- Seems like paying your bills with real money is no longer the accepted behavior in USA. Perhaps that is the problem and not the the solution. |
A rip in the space-time continuum
On Thu, 11 Aug 2011 15:33:28 -0400, iBoat_Often wrote:
In article , says... On Thu, 11 Aug 2011 13:19:25 -0400, iBoat_Often wrote: In article , says... On Thu, 11 Aug 2011 07:55:44 -0400, BAR wrote: In article , says... On 8/10/2011 9:28 PM, wrote: On Wed, 10 Aug 2011 18:18:04 -0700, wrote: http://www.rttnews.com/Content/Break...=B1&Id=1689508 Too bad Apple is keeping most of their cash in China (a fact) Maybe if we didn't have such an abusive corporate tax rate they would repatriate some of that money and perhaps, make something here. Abusive tax rate? You haven't been keeping up have you. Over fifteen hundred Corporations paid no tax. If a corporation is paying the 35% they better get a new tax accountant. When they do pay taxes, everything including the kitchen sink is deducted before taxes. Individuals usually pay a higher rate. This spiel is getting old. Surprised many still swallow it. If they make their money here, on Americans, they should pay their taxes here to support the Republic. If they paid their share everyone else could pay less, in theory. If I have $100 billion in China and I pay 15% tax in China I have $85 billion. Then when I repatriate that money I pay 35% on my $100 billion leaving me with $50 billion. Why would I ever want to lose half of my profits just to bring the money to the USA? If they want to sell products in this country, they should have to pay their fair share of taxes like everyone else. Should we in turn pay taxes to all of the countries that we export to? Never said "export to." They have a going concern and are headquartered here. They should pay taxes here. Um, do you not think that in order to sell products in this country that a foreign entity would have to export those products here??? I do, however, Apple is not a "foreign entity" last I checked. I believe they're headquarters is in Cupertino, unless they've made Delaware their official address. |
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