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Thread: GOP blocks bill that would curb tax breaks for firms moving operations overseas

  1. #11
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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by jamesrage View Post
    What kind of amendments?Amendments to neuter the bill with loop holes?
    I don't know. When I went to look at the bill tracker my eyes started to bleed trying to track everything down.
    I have CDO, it's like OCD but the letters are in alphabetical order like they should be.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by Winchester View Post
    Do you understand what a business deduction is?
    Absolutely, I have owned a business in the past and have used the deductions myself. I fully understand the benefits these deductions have for the business themselves but I was looking for the advantages/disadvantages these deductions have on our economy as a whole. What is the point to them from the larger picture?

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by mpg View Post
    Sides haves facts. Maybe there is no other side of the story. Did you click on the link? It didn't contain the entire text of the bill.
    I wasn't really talking about the content of your link. I was talking about your interpretation of it. Why do you think there's anything other than the actual realities that encompasses all the facts? Any interpretation that doesn't conform to all the facts is simply wrong.

    Quote Originally Posted by clownboy View Post
    Wow, that ignores the reality that reporters and editors are human and have bias. The other side are the facts, the truths that have been ignored to tell the story in such a way that it fits the reporter's/editorialist's point of view.

    In this case, a good starting question to ask is, "what else did the bill do?". Google the definition of poison pill as regards to legislation. It's an old tactic, you see it all the time, especially around election season.
    I'm not even really talking about the bill. I'm talking about the bizarre idea that there really are two sides to every story. There aren't. There's only reality.
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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by Paschendale View Post
    I'm not even really talking about the bill. I'm talking about the bizarre idea that there really are two sides to every story. There aren't. There's only reality.
    Yeah, but that ignores that there is a story teller involved.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    This is quite traitorous of Republicans. There shouldn't be tax breaks for shipping jobs overseas to begin with, but to actually defend and protect them?
    Trump Attacked A Syrian Airfield. Trump will be a one-term president.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by Baralis View Post
    Absolutely, I have owned a business in the past and have used the deductions myself. I fully understand the benefits these deductions have for the business themselves but I was looking for the advantages/disadvantages these deductions have on our economy as a whole. What is the point to them from the larger picture?
    The point of them is to determine a bushiness net income (or loss). I guess if you don't want to tax business then I guess they aren't important for tax purposes anymore. Keep in mind the net income for most business if not directly reported on the owners tax return is reported via a pass-through entity so if you're going to just tax individuals one is still going to need to take business deductions into consideration.

    You can't possibly mean tax them on their gross receipts can you?

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by clownboy View Post
    Wow, that ignores the reality that reporters and editors are human and have bias. The other side are the facts, the truths that have been ignored to tell the story in such a way that it fits the reporter's/editorialist's point of view.

    In this case, a good starting question to ask is, "what else did the bill do?". Google the definition of poison pill as regards to legislation. It's an old tactic, you see it all the time, especially around election season.
    I guess the question is then, what are the poison pills? That was what I wondered when I first heard this story. It's either that, or nobody wants to go back to the TP in their district and say they voted on anything even remotely favored by Democrats.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by reinoe View Post
    This is quite traitorous of Republicans. There shouldn't be tax breaks for shipping jobs overseas to begin with, but to actually defend and protect them?
    On the surface, it appears so. Shipping jobs overseas doesn't help anybody in any districts.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by rocket88 View Post
    It's either that, or nobody wants to go back to the TP in their district and say they voted on anything even remotely favored by Democrats.
    That's probably the case at this point.
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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by mpg View Post
    Sides haves facts. Maybe there is no other side of the story. Did you click on the link? It didn't contain the entire text of the bill.
    That is why most bills are voted against by either side. It isn't the common sense part of the bill that makes Senators vote against it, it's usually the add-on BS to a bill that garners the nay votes.

    And yes, there are facts on both sides of any issue. As for this one, I haven't heard anything, so I don't know.
    Everything in your life is a reflection of a choice you have made. If you want a different result, don't blame someone else, or expect others to make a change, you should stop complaining and make a different choice. Remember, the circumstances of your birth don't determine the outcome of your life.

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