On 11/3/2011 6:50 AM, X ` Man wrote:
(CBS News)

Advocates for reducing U.S. corporate tax rates argue that lower
corporate rates charged in other countries impede American
competitiveness. Yet a new study finds that many of the nation's top
companies are already paying less in U.S. taxes on their pretax profits
than they do overseas.

In a study comprising more than half of the Fortune 500 list of the
largest U.S. corporations, a quarter of those examined paid little or
nothing in federal income taxes during the 2008-2010 period, despite
registering profits in all three years.


I wonder why corporations leave the US tax haven and move to far off
places? Harry knows the answer but he won't admit it.
--
1-20-13 The end of an error

On 03/11/2011 6:42 AM, Drifter wrote:
On 11/3/2011 6:50 AM, X ` Man wrote:
(CBS News)

Advocates for reducing U.S. corporate tax rates argue that lower
corporate rates charged in other countries impede American
competitiveness. Yet a new study finds that many of the nation's top
companies are already paying less in U.S. taxes on their pretax profits
than they do overseas.

In a study comprising more than half of the Fortune 500 list of the
largest U.S. corporations, a quarter of those examined paid little or
nothing in federal income taxes during the 2008-2010 period, despite
registering profits in all three years.


I wonder why corporations leave the US tax haven and move to far off
places? Harry knows the answer but he won't admit it.

Yep, fleabaggers need to understand that there is no reason a US corp
should be paying double taxes to DC. Say a product is made in China,
sold in China then Chinese profit taxes paid. Then greedy fleabaggers
think DC should double tax the US corp for non-domestic profits.

So to solve the problem they just move the head office offshore and only
account for US taxes on US operations, which is fair. Means less
revenue for DC and the fat taxable exec salaries and economic activity
of a head office is no longer in the USA. Screwing themselves with
their own greed.

But no one ever accused a fleabagger of using their brains for anything
other than envy, lust and greed of others. Sinful bunch really, putting
all that debt on our grand kids like they are debt-corruption-tax slaves.
--
The reason government can't fix the economic problems is government is
the problem.

On Thu, 03 Nov 2011 08:42:39 -0400, Drifter wrote:

I wonder why corporations leave the US tax haven and move to far off
places? Harry knows the answer but he won't admit it.

======

It's not that simple. A lot of Fortune 500 companies are
multi-nationals meaning that they do business internationally and
generate profits in different countries/currencies. If they
repatriate that money back to the US they get hit with double
taxation, first where they earned it, and again here when they bring
it back. A lot of them would like to bring profits back but not at
the cost of double taxation.

On 11/3/11 1:32 PM, Wayne.B wrote:
On Thu, 03 Nov 2011 08:42:39 -0400, wrote:

I wonder why corporations leave the US tax haven and move to far off
places? Harry knows the answer but he won't admit it.

======

It's not that simple. A lot of Fortune 500 companies are
multi-nationals meaning that they do business internationally and
generate profits in different countries/currencies. If they
repatriate that money back to the US they get hit with double
taxation, first where they earned it, and again here when they bring
it back. A lot of them would like to bring profits back but not at
the cost of double taxation.


Beardsley's corporate apologetica continues.

On 11/3/2011 1:53 PM, X ` Man wrote:
On 11/3/11 1:32 PM, Wayne.B wrote:
On Thu, 03 Nov 2011 08:42:39 -0400, wrote:

I wonder why corporations leave the US tax haven and move to far off
places? Harry knows the answer but he won't admit it.

======

It's not that simple. A lot of Fortune 500 companies are
multi-nationals meaning that they do business internationally and
generate profits in different countries/currencies. If they
repatriate that money back to the US they get hit with double
taxation, first where they earned it, and again here when they bring
it back. A lot of them would like to bring profits back but not at
the cost of double taxation.


Beardsley's corporate apologetica continues.

Wayne made an intelligent assumption and you made a fool of yourself,
AGAIN. Way to go WAFA.

--
1-20-13 The end of an error

On Thu, 03 Nov 2011 14:53:59 -0400, Drifter wrote:

It's not that simple. A lot of Fortune 500 companies are
multi-nationals meaning that they do business internationally and
generate profits in different countries/currencies. If they
repatriate that money back to the US they get hit with double
taxation, first where they earned it, and again here when they bring
it back. A lot of them would like to bring profits back but not at
the cost of double taxation.


Beardsley's corporate apologetica continues.

Wayne made an intelligent assumption and you made a fool of yourself,
AGAIN. Way to go WAFA.

=========

Proving once again that you can't educate those who already know
everything, or those who don't know what they don't know. :-)

On 11/3/11 4:07 PM, Wayne.B wrote:
On Thu, 03 Nov 2011 14:53:59 -0400, wrote:

It's not that simple. A lot of Fortune 500 companies are
multi-nationals meaning that they do business internationally and
generate profits in different countries/currencies. If they
repatriate that money back to the US they get hit with double
taxation, first where they earned it, and again here when they bring
it back. A lot of them would like to bring profits back but not at
the cost of double taxation.


Beardsley's corporate apologetica continues.

Wayne made an intelligent assumption and you made a fool of yourself,
AGAIN. Way to go WAFA.

=========

Proving once again that you can't educate those who already know
everything, or those who don't know what they don't know. :-)


The only thing that you've proven in all your corporationist posts,
Beardsley, is that no matter what excesses corporations commit, you'll
favor them.

On Thu, 03 Nov 2011 16:10:04 -0400, X ` Man
wrote:

On 11/3/11 4:07 PM, Wayne.B wrote:
On Thu, 03 Nov 2011 14:53:59 -0400, wrote:

It's not that simple. A lot of Fortune 500 companies are
multi-nationals meaning that they do business internationally and
generate profits in different countries/currencies. If they
repatriate that money back to the US they get hit with double
taxation, first where they earned it, and again here when they bring
it back. A lot of them would like to bring profits back but not at
the cost of double taxation.


Beardsley's corporate apologetica continues.

Wayne made an intelligent assumption and you made a fool of yourself,
AGAIN. Way to go WAFA.

=========

Proving once again that you can't educate those who already know
everything, or those who don't know what they don't know. :-)


The only thing that you've proven in all your corporationist posts,
Beardsley, is that no matter what excesses corporations commit, you'll
favor them.

========

Usually when I run into someone with attitudes similar to yours it
turns out that they were never able to get, or hold, a job with a
corporation. Frequently the reason is related to personality, skills
(lack thereof) or work ethic. I'd guess that in your case it's a
personality issue. Hopefully Ms. Greer will be willing to keep you on
a while longer as CEO job at Harry Krause & Associates. That would be
the pits getting fired from your own company.

On 11/5/2011 12:19 PM, wrote:
On Thu, 03 Nov 2011 14:53:59 -0400, wrote:

On 11/3/2011 1:53 PM, X ` Man wrote:
On 11/3/11 1:32 PM, Wayne.B wrote:
On Thu, 03 Nov 2011 08:42:39 -0400, wrote:

I wonder why corporations leave the US tax haven and move to far off
places? Harry knows the answer but he won't admit it.

======

It's not that simple. A lot of Fortune 500 companies are
multi-nationals meaning that they do business internationally and
generate profits in different countries/currencies. If they
repatriate that money back to the US they get hit with double
taxation, first where they earned it, and again here when they bring
it back. A lot of them would like to bring profits back but not at
the cost of double taxation.


Beardsley's corporate apologetica continues.

Wayne made an intelligent assumption and you made a fool of yourself,
AGAIN. Way to go WAFA.

And we should adopt that ASSUMPTION as fact? Why?

I don't know. Should you? You tell me.

--
1-20-13 The end of an error

On Sat, 05 Nov 2011 21:24:10 -0400, wrote:

On Sat, 05 Nov 2011 13:29:15 -0400, Drifter wrote:

On 11/5/2011 12:19 PM, wrote:
On Thu, 03 Nov 2011 14:53:59 -0400, wrote:

On 11/3/2011 1:53 PM, X ` Man wrote:
On 11/3/11 1:32 PM, Wayne.B wrote:
On Thu, 03 Nov 2011 08:42:39 -0400, wrote:

I wonder why corporations leave the US tax haven and move to far off
places? Harry knows the answer but he won't admit it.

======

It's not that simple. A lot of Fortune 500 companies are
multi-nationals meaning that they do business internationally and
generate profits in different countries/currencies. If they
repatriate that money back to the US they get hit with double
taxation, first where they earned it, and again here when they bring
it back. A lot of them would like to bring profits back but not at
the cost of double taxation.


Beardsley's corporate apologetica continues.

Wayne made an intelligent assumption and you made a fool of yourself,
AGAIN. Way to go WAFA.

And we should adopt that ASSUMPTION as fact? Why?

I don't know. Should you? You tell me.

OK, I'll play. I'd never make an argument based on the "intelligent
assumption" of another person. Intelligent is subjective and
assumption is, well: arrogance; presumption, presumptuousness,
effrontery, forwardness, gall.

But, go ahead, stick it out there with subjective effrontery and see
if you don't get it sliced off....

=========

Not sure exactly what your point is but you don't have to take my word
for it:

http://www.cbpp.org/cms/index.cfm?fa=view&id=3441

http://www.thefiscaltimes.com/Columns/2011/11/04/Can-Corporate-Tax-Reform-Really-Be-Revenue-Neutral.aspx#page1

http://www.ctj.org/taxjusticedigest/archive/2011/06/chuck_schumers_amazing_double-.php

http://www.fiscalaccountability.org/index.php?content=cog09-15#