Page 2 of 9 FirstFirst 1234 ... LastLast
Results 11 to 20 of 86

Thread: U.S. Companies Now Stashing $2 Trillion Overseas

  1. #11
    Gradualist

    Join Date
    Apr 2011
    Last Seen
    09-25-17 @ 12:48 PM
    Lean
    Socialist
    Posts
    34,949
    Blog Entries
    6

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by clownboy View Post
    Hah! Really, you don't seem to understand that dividend and share buybacks are payments on investments. These investors are large and small, American and not. Salaries and retirements are paid from the proceeds. That 3.3 billion you mention is as a direct result of globalization.
    Very little, then, went to hiring and reinvestment.


  2. #12
    Gradualist

    Join Date
    Apr 2011
    Last Seen
    09-25-17 @ 12:48 PM
    Lean
    Socialist
    Posts
    34,949
    Blog Entries
    6

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by ReverendHellh0und View Post
    That is "Effective" it was accounted for.
    12.6%... GAO: U.S. corporations pay average effective tax rate of 12.6% - Jul. 1, 2013


  3. #13
    ANTI**ANTIFA
    ReverendHellh0und's Avatar
    Join Date
    Sep 2007
    Location
    Temple of Solomon
    Last Seen
    Yesterday @ 06:22 PM
    Gender
    Lean
    Libertarian
    Posts
    75,740

    Re: U.S. Companies Now Stashing $2 Trillion Overseas



    well when you manipulate the data and exclude the vast majority of corporations.......


    "Large, profitable U.S. corporations paid an average effective federal tax rate of 12.6% in 2010, "


    note the word "large".


    You can see that by just selecting "large", you get only a very small sample of corporate effective tax rates:

    http://www.census.gov/econ/smallbus.html
    Let evil swiftly befall those who have wrongly condemned us

  4. #14
    Gradualist

    Join Date
    Apr 2011
    Last Seen
    09-25-17 @ 12:48 PM
    Lean
    Socialist
    Posts
    34,949
    Blog Entries
    6

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by ReverendHellh0und View Post
    well when you manipulate the data and exclude the vast majority of corporations.......


    "Large, profitable U.S. corporations paid an average effective federal tax rate of 12.6% in 2010, "


    note the word "large".
    I'm sure that small corporations are cutting 20,000 jobs and hoarding millions offshores


  5. #15
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    Yesterday @ 06:18 PM
    Gender
    Lean
    Independent
    Posts
    23,584

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by ReverendHellh0und View Post
    well when you manipulate the data and exclude the vast majority of corporations.......


    "Large, profitable U.S. corporations paid an average effective federal tax rate of 12.6% in 2010, "


    note the word "large".


    You can see that by just selecting "large", you get only a very small sample of corporate effective tax rates:

    Statistics about Business Size (including Small Business) from the U.S. Census Bureau
    Most companies pay nothing in corporate income taxes, so I don't really know that adding in all corporations would really effect that percentage much, if anything, it would be lower.

    Only C-corps pay corporate income tax, but they get other advantages in exchange. It's a trade off, and one that they voluntarily made.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  6. #16
    ANTI**ANTIFA
    ReverendHellh0und's Avatar
    Join Date
    Sep 2007
    Location
    Temple of Solomon
    Last Seen
    Yesterday @ 06:22 PM
    Gender
    Lean
    Libertarian
    Posts
    75,740

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by TheDemSocialist View Post
    I'm sure that small corporations are cutting 20,000 jobs and hoarding millions offshores

    I have about 100 employees.... I won't tell you where I "hoard" the fruits of my enterprise.


    the question was corporate effective tax rate, you have to take all of it, not just the parts that help you.
    Let evil swiftly befall those who have wrongly condemned us

  7. #17
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Yesterday @ 10:49 AM
    Gender
    Lean
    Conservative
    Posts
    76,323

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Republicans as well as President Obama have called for a lower statutory corporate rate along with the closing of loopholes. The prospects for such reform appear remote for now, given the fractious nature of the current Congress.
    Don't worry, the new Congress may just fix that.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  8. #18
    ANTI**ANTIFA
    ReverendHellh0und's Avatar
    Join Date
    Sep 2007
    Location
    Temple of Solomon
    Last Seen
    Yesterday @ 06:22 PM
    Gender
    Lean
    Libertarian
    Posts
    75,740

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by imagep View Post
    Most companies pay nothing in corporate income taxes, so I don't really know that adding in all corporations would really effect that percentage much, if anything, it would be lower.

    Only C-corps pay corporate income tax, but they get other advantages in exchange. It's a trade off, and one that they voluntarily made.


    It would make my forbes link the more accurate of the claims.
    Let evil swiftly befall those who have wrongly condemned us

  9. #19
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    Yesterday @ 06:18 PM
    Gender
    Lean
    Independent
    Posts
    23,584

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by American View Post
    Don't worry, the new Congress may just fix that.
    I hope you are correct. I am all for simplifying our tax code, getting rid of special tax deals, and lowering the rates.

    Of course that might not make much difference to our macro-economy, it will help some businesses, and harm others, more or less balancing out.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  10. #20
    Gradualist

    Join Date
    Apr 2011
    Last Seen
    09-25-17 @ 12:48 PM
    Lean
    Socialist
    Posts
    34,949
    Blog Entries
    6

    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by ReverendHellh0und View Post



    the question was corporate effective tax rate, you have to take all of it, not just the parts that help you.
    The point being the effective tax rate is incredibly lower than the actual legal tax rate.


Page 2 of 9 FirstFirst 1234 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •