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

  1. #51
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    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by ReverendHellh0und View Post
    So, lets pretend they bring all the money back? what happens? it gets confiscated to the coporate government we have and redistributed right back to them, and the politicians cronies.
    We do know that the last time a repatriation policy was enacted, it did not lead to increased expansion.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by ReverendHellh0und View Post
    That is "Effective" it was accounted for.
    Your list doesn't support your argument about how high our tax rates are on MNC's. The best nations were tax havens like the Cayman Islands, with no real industry to speak of and crappy economies. the next few were nations like Malaysia, which also have economies americans would revolt over if we had that here. The nations comparable to ours (ie developed western economies) had effective rates on MNC's that were, at most, only a few % points lower than ours.

    Obviously, those few % points have little to do with it and our economy is doing better than theirs, so maybe they should raise their rates.
    Last edited by sangha; 11-14-14 at 11:47 AM.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  3. #53
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    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by Perotista View Post
    Actually we have the second highest corporate tax rate in the world, only UAE has a higher one.

    Corporate tax rates table | KPMG | GLOBAL
    We also have the world's strongest economy
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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

    California used to have one of the best economies in the states....what happened?

    Why are companies moving out of that state and into friendlier tax states?

    Do you suppose that our tax policies as a nation are doing the same basic thing?

    Think on it......
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

  5. #55
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    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by imagep View Post
    Someone has to pay taxes. If we eliminated corporate taxes, we would have to increase individual income taxes, and the net effect on the economy would be just the same.
    Anyone awake on any single day of Economics 101 knows that is not true.

  6. #56
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    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by gdgyva View Post
    California used to have one of the best economies in the states....what happened?

    Why are companies moving out of that state and into friendlier tax states?

    Do you suppose that our tax policies as a nation are doing the same basic thing?

    Think on it......
    lack of water

  7. #57
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    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by sangha View Post
    We also have the world's strongest economy
    Hmm, perhaps. I think last weeks election results was based on what was perceived as a weak economy. I am not a financial guru, so I can't really tell you yes or no. I can google and find things, but for this election whether we have the worlds strongest economy or not, it is the perception of the voters that count.

    Is 40% too much, I do not know. But when looking at the norms it does seem high. that is the end of my expertise.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

  8. #58
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    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by Perotista View Post
    Hmm, perhaps. I think last weeks election results was based on what was perceived as a weak economy. I am not a financial guru, so I can't really tell you yes or no. I can google and find things, but for this election whether we have the worlds strongest economy or not, it is the perception of the voters that count.

    Is 40% too much, I do not know. But when looking at the norms it does seem high. that is the end of my expertise.
    The effective rate is about 24% and the other developed nations come in at around 20%-23% so ours are not out of line. Of course, if you want us to have an economy like the Bahamas or Bermuda, we could lower ours to theirs.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  9. #59
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    Re: U.S. Companies Now Stashing $2 Trillion Overseas

    Quote Originally Posted by TheDemSocialist View Post
    Very little, then, went to hiring and reinvestment.
    Once again, you so obviously don't understand what an investment is. The money isn't just sitting there in Smaug's cave.

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

    Quote Originally Posted by sangha View Post
    We also have the world's strongest economy
    Depends on what one means by "strongest". I would rather have an economy growing at 7% than 2%

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