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Thread: Study finds Corporate America avoided $60B in taxes (2010)

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    Quote Originally Posted by j-mac View Post
    Who do you think has better answers for what business does in decision making? The business itself? Or government?

    j-mac
    That's not as simple as it sounds. In some cases business can be driven by short-term profits and lose sight of the big picture. See financial meltdown.

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    Quote Originally Posted by j-mac View Post
    Who do you think has better answers for what business does in decision making? The business itself? Or government?

    j-mac
    Depends. It isn't an either or. Both have been known to make both poor and good decisions. I would say looking at the nation as a whole, government probably does that better. Looking at their own situation regardless of the nation, likely the business does that better. However, neither is 100% sure.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    Quote Originally Posted by American View Post
    No you learn something about pretecting the Constitution, and I don't care if you come back. There is nothing precious about the GOP, except they are one of the two parties....and the only one willing to entertain policies I believe in. But yeah, leftist, socialist...whatever generally want us to be like Europe and move away from American founding principles. The people that started this country, came here to get away from all that. Europeans were against individual liberties at that time, and to some extent still are. We don't need that or them.
    I don't defend the Tea Party's interpretation of the Constitution, because to listen to them you'd think there were only 2 Amendments (the 2nd and 10th). If that equates in your mind to "I spit on the Constitution," then I don't know what to tell you, because you clearly have no idea what you're talking about.


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    Too bad we have to observe human rights.

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    Quote Originally Posted by Boo Radley View Post
    Always? No, I don't think there are such absolutes. I'd no more say always as I would say never. Only that business too often thinks short term, and can deceive themselves as much as an individual can. Business, the market, may not doing something until they have to, are forced to, whic is largely ineffective and not very insightful.

    The market isn't magic, and has problems of it's own. That is in part why there are few purely market driven systems in the world today.
    no one says the market is magic. simply that it is better when it comes to tradable services and goods.

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    Quote Originally Posted by Boo Radley View Post
    I would say looking at the nation as a whole, government probably does that better.
    now, how can that possibly be the case when the HEAD of the govt is so stupid?

    Obama: "No Such Thing as Shovel-Ready Projects" - Political Hotsheet - CBS News

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    Quote Originally Posted by The Prof View Post
    now, how can that possibly be the case when the HEAD of the govt is so stupid?

    Obama: "No Such Thing as Shovel-Ready Projects" - Political Hotsheet - CBS News
    Oh oh! I am going to have to disagree with the Prof here. I don't think that the President is stupid. In fact, I think he is highly intelligent. His failure is that he came to his office unprepared for the responsibilities that it takes. He did not have the needed experience and his OJT is not working well.

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    Quote Originally Posted by LesGovt View Post
    His failure is that he came to his office unprepared for the responsibilities that it takes.
    that was a very stupid thing to do

    especially in times like these

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    Quote Originally Posted by LesGovt View Post
    Oh oh! I am going to have to disagree with the Prof here. I don't think that the President is stupid. In fact, I think he is highly intelligent. His failure is that he came to his office unprepared for the responsibilities that it takes. He did not have the needed experience and his OJT is not working well.
    His problem is that he came into office at the height of the worst recession since WWII. Anyone who was in his position was going to get hammered.

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    Re: Study finds Corporate America avoided $60B in taxes (2010)

    FairTax to the rescue.

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    Re: Study finds Corporate America avoided $60B in taxes (2010)


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