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Thread: G.E.s Strategies Let It Avoid Taxes Altogether

  1. #101
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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by Catawba View Post
    GE and other corporations have been getting tax breaks long before Obama became president.
    ok, but not down to zero taxes paid

    only ge, so far as we know, got on in its knees before CHARLIE

    and most importantly, jeffrey immelt was ONLY RECENTLY selected as jobs czar

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by apdst View Post
    So, are you claiming that GE isn't getting sudsidized for their green energy projects? Do you oppose subsidizing green energy projects?
    Do I support tax breaks for companies that promote an alternative to our war for oil program we've had going for 40 years since we passed peak oil in this country? You bet the last of your cheap oil I do!

    We didn't? So, tell us, if you please, how the economy went into the crapper before Reagan/Bush became presidents. Can't wait to hear this.
    Read up on the cost of the Vietnam war and the effect of the oil embargo. But even then, our national debt was manageable and the middle class had a higher standard of living than today. It has declined over the last 30 years of Reagonomics, what Bush the First referred to as Voodoo Economics!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by Catawba View Post
    Do I support tax breaks for companies that promote an alternative to our war for oil program we've had going for 40 years since we passed peak oil in this country? You bet the last of your cheap oil I do!



    Read up on the cost of the Vietnam war and the effect of the oil embargo. But even then, our national debt was manageable and the middle class had a higher standard of living than today. It has declined over the last 30 years of Reagonomics, what Bush the First referred to as Voodoo Economics!
    Well, you asked for it...you got it. What are you crying about?

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by apdst View Post
    Well, you asked for it...you got it. What are you crying about?
    I have no problems with targeted tax cuts that actually help our economy. What I am opposed to is continued across the board tax cuts for the wealthy whether they are creating jobs or not. That just increases the national debt for which you and I and the rest of the middle class are responsible for.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by SheWolf View Post
    I just graduated college and I work in tax right now. I don't have my cpa yet... This year I have to say, I feel like I am ripping off the IRS every single day. I helped a client/business owner get a 1,000 refund, and they would have owed over 1,000 dollars... I am still working on their return, and they are looking for more deductions and receipts so the refund amount will go up more. I think I can get it over 3,000 easily... and it's a lot of mileage deductions, small receipt items, and depreciation... anything that I can depreciate, small items, furniture, etc.

    It's legal, but it doesn't feel right...

    I think any decent CPA knows how to do that stuff... Again, I am just a first year tax accountant so I am not that experienced. The tax code is messed up and full of "loopholes."
    And those with cash will be able to work them holes all day and all night; like Kerry with his yacht.

    The tax code should be scrapped and simplified. Fair... Sales... Flat... and it should be so simple the tax form would be no bigger than a postcard. Of course you would lose your job. Are you ready for that? Just curious?

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by zimmer View Post
    And those with cash will be able to work them holes all day and all night; like Kerry with his yacht.

    The tax code should be scrapped and simplified. Fair... Sales... Flat... and it should be so simple the tax form would be no bigger than a postcard. Of course you would lose your job. Are you ready for that? Just curious?

    .
    No serious candidate is proposing a regressive flat ("Fair") tax, so it is a moot point.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    It's quite amazing, isn't it? While they attack teachers for making $50k and having good benefits, they'll graze over this like it didn't happen. It goes against what they have been indoctrinated with as they watch Fox News and listen to conservatives talk radio. Wouldn't you find it hard to believe as well if every day of your life you get it hammered home that liberals are all socialist idiots who want nothing more than to take your paycheck?

    I saw a clip when a lady said feeding a family on something like $200k a year was near the poverty line (as in raising taxes on them would cripple them) and then the very same lady said teachers were living a lavish life. These people are hard to reason with, obviously (I believe the easiest way to find those clips is on the Daily Show episode about the strikes in WI). Go figure she worked for Fox News.

    Either way, as I have said in the past, reclaiming taxes that are avoided by the rich, and making them pay back taxes, plus letting the Bush tax cuts lapse would account for a great portion of this deficit. They'd rather cut funding to every good program we have because they are crazy, but whatever. Personally, I like having clean water, I like having highways, and I like having an education system.
    Last edited by whysoserious; 03-29-11 at 03:19 AM.
    Ted Cruz is the dumbest person alive.

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by Catawba View Post
    No serious candidate is proposing a regressive flat ("Fair") tax, so it is a moot point.
    no more moot than the class war

    obama surrendered

    Obama signs tax deal into law - CNN

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by drz-400 View Post
    Actually I think you have it backwards here. The tax code is the opposite of pro business. These companies are obviously investing large amounts of money just to avoid taxes, that is not the way it should be. That is why all of these large companies are OFFSHORING their profits. They do not want to bring the profits to the US because then they will face one of the highest tax rates on corporate profits in the world.
    They spend a large amount of money to void an even larger amount of tax, or in this case their effort actually results in a net positive tax income to the company, so it's actually revenue generating. They "offshore" the profits because it saves them money, even if we lower the tax rate to 0%, if it still pays to "offshore" the profit, they will still do it. The problem is the holes in the tax code, the rate is merely an excuse.
    Quote Originally Posted by Free_Radical View Post

    And I wasn't making an appeal to authority, I was making an appeal to the philosophical body of work of the founders, the worth and content of which should be well-known to anyone with a cursory understanding of basic history and philosophy.

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    Re: G.E.s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by whysoserious View Post
    It's quite amazing, isn't it? While they attack teachers for making $50k and having good benefits, they'll graze over this like it didn't happen. It goes against what they have been indoctrinated with as they watch Fox News and listen to conservatives talk radio. Wouldn't you find it hard to believe as well if every day of your life you get it hammered home that liberals are all socialist idiots who want nothing more than to take your paycheck?

    It really is quite stunning, that a poster, any poster in here can open a three paragraph rant with the basic message that conservatives do little more than trumpet talk radio, and FOXNews pundits, while at the same time making his argument as if it driveled off the lips of Cris Matthews.


    I saw a clip when a lady said feeding a family on something like $200k a year was near the poverty line (as in raising taxes on them would cripple them) and then the very same lady said teachers were living a lavish life. These people are hard to reason with, obviously (I believe the easiest way to find those clips is on the Daily Show episode about the strikes in WI). Go figure she worked for Fox News.
    Oh no, another person that gets their news from a quasi satirical faux news comedy show. I suppose this doesn't play into your hatred for FOX does it?

    Media Matters, the George Soros-backed legion of liberal agit-prop shock troops based in the nation's capital, has declared war on Fox News, and in the process quite possibly stepped across the line of legality.

    David Brock, MM's founder, was quoted Saturday by Politico promising that his organization is mounting "guerrila warfare and sabotage" against Fox News, which he said "is not a news organization. It is the de facto leader of the GOP, and it is long past time that it is treated as such by the media, elected officials and the public.

    Is Media Matters breaking the law in its 'war' on Fox News? | Mark Tapscott | Beltway Confidential | Washington Examiner
    Yet instead of critical thinking, and you questioning anything that goes against what you find sophomorically funny on the Daily Show, and yet another talking point pap comment, you lap it up and accuse the other side of being sheep....You have learned Allensky well son.

    Either way, as I have said in the past, reclaiming taxes that are avoided by the rich, and making them pay back taxes, plus letting the Bush tax cuts lapse would account for a great portion of this deficit. They'd rather cut funding to every good program we have because they are crazy, but whatever. Personally, I like having clean water, I like having highways, and I like having an education system.

    "Reclaiming" Just who's money do you think you are talking about here?


    j-mac
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