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

  1. #171
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    Re: G.E.’s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by upsideguy View Post
    Actually your first point is not true... the substantial reason the big business does not pay taxes is they Internationalize their tax posture, literally off-shoring profits through very elaborate cost and revenue allocation schemes created to show little to no US domestic income. These schemes are designed by their large cadre of tax lawyers and accountants and outside consultants. Small businesses are often not global, had have less tax planning resource with which to work. Total tax revenue paid by corporations has been dropping dramatically over the past 30 years, and the corporate tax burden that remains is largely paid by small and mid-sized domestic corporations.

    So yes, we need to start making those that never pay taxes kick in and ante up, as income based taxes are paid by every individual in one form or another, but not by the largest multi-national corporations, we need a corporate minimum tax....
    How do you propose that work?

  2. #172
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    Re: G.E.’s Strategies Let It Avoid Taxes Altogether

    [QUOTE=apdst;1059381829]
    Government funded bull**** projects are going to fix the economy?
    Without affordable energy options, a well educated future generation, a decrease in our national debt, and a healthy environment, the economy can only get worse over the long-term.


    Stop wasting money on bull****. Ending the Child Tax Credit would be a great start.
    I agree we need to stop wasting money but making things harder on the poor is not going to solve our problems. We have to look at where the big wastes are, the biggest our unending war to keep the oil flowing from the Middle East, and the tax cuts to the top tax class.
    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

  3. #173
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    Re: G.E.’s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by Catawba View Post

    Without affordable energy options, a well educated future generation, a decrease in our national debt, and a healthy environment, the economy can only get worse over the long-term.
    Better stick with petroleum and open up domestic drilling. Green energy costs too much and to inefficient.




    I agree we need to stop wasting money but making things harder on the poor is not going to solve our problems. We have to look at where the big wastes are, the biggest our unending war to keep the oil flowing from the Middle East, and the tax cuts to the top tax class.
    We can start using our own resources and stop importing so much foriegn oil. Spening more money anabling poor people to remain poor isn't the answer. As long as people don't have to go to work to get a paycheck, then guess what they're going to do. I think people like yourself should donate more of your money to the poor and stop killing my paycheck to do so.

  4. #174
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    Re: G.E.’s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by The Prof View Post
    why would you presume that folks care what you do or don't embrace

    the ruling class, presumably, includes president obama

    he CAVED

    mature americans care about that

    party on, pugilist
    You cared enough to respond to it?

    Yes, I would consider that Obama is ruling class.

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

    Quote Originally Posted by William Rea View Post
    I would consider that Obama is ruling class.
    would you?

    how interesting

    and what would you consider 2 + 2 to be

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

    Quote Originally Posted by Catawba View Post
    We have to look at where the big wastes are, the biggest our unending war to keep the oil flowing from the Middle East, and the tax cuts to the top tax class.
    Obama's Libya War Challenge - Yahoo! News

    Obama Calls Tax Cuts the 'Right Thing to Do'

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

    Quote Originally Posted by Your Star View Post
    GE isn't the only company that does this, and it's just not acceptable.
    well, that's what happens when you let politicians start monkeying around with the tax code for "the public good".


    anyone who doesn't like this is free to join me in advocating the solution - a flat tax.

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

    Quote Originally Posted by upsideguy View Post
    Actually your first point is not true... the substantial reason the big business does not pay taxes is they Internationalize their tax posture, literally off-shoring profits through very elaborate cost and revenue allocation schemes created to show little to no US domestic income. These schemes are designed by their large cadre of tax lawyers and accountants and outside consultants. Small businesses are often not global, had have less tax planning resource with which to work. Total tax revenue paid by corporations has been dropping dramatically over the past 30 years, and the corporate tax burden that remains is largely paid by small and mid-sized domestic corporations.

    So yes, we need to start making those that never pay taxes kick in and ante up, as income based taxes are paid by every individual in one form or another, but not by the largest multi-national corporations, we need a corporate minimum tax....
    Or... We could eliminate waste, and "busy" spending. Creating more tax wealth will only mean more spending. It's the spending part that is killing the US, not the lack of funds. No administration, or congress in the last 50 years has returned a true surplus to the US coffers. The system is broke, and the US government and politicians of all variety are too corruptable. All economic systems, and policy ever devised has failed to quantify the most important variable... "The Human" aspects.. Socialism, communism, capitalism, all would work theoretically - the problem however is us. The guy that figures out how to eliminate corruption will be a true savour..


    Tim-
    “When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” - P. J. O’Rourke
    “Socialism is great until you run out of someone elses money” Margaret Thatcher

  9. #179
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    Re: G.E.’s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by upsideguy View Post
    Actually your first point is not true... the substantial reason the big business does not pay taxes is they Internationalize their tax posture, literally off-shoring profits through very elaborate cost and revenue allocation schemes created to show little to no US domestic income. These schemes are designed by their large cadre of tax lawyers and accountants and outside consultants. Small businesses are often not global, had have less tax planning resource with which to work. Total tax revenue paid by corporations has been dropping dramatically over the past 30 years, and the corporate tax burden that remains is largely paid by small and mid-sized domestic corporations.

    So yes, we need to start making those that never pay taxes kick in and ante up, as income based taxes are paid by every individual in one form or another, but not by the largest multi-national corporations, we need a corporate minimum tax....
    You would be hard pressed to get the profits made overseas taxed in the U.S. The offshore business is incorporated in that foreign land. So there is no basis to tax it in the U.S. If the government presses this issue, you may find that many multi-nationals will simply move their entire headquarters overseas, thus taking more jobs out of the U.S. economy.

  10. #180
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    Re: G.E.’s Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by Catawba View Post
    That was the rich getting richer and the poor getting poorer, while the national debt grows. The trickle down went up and didn't create additional revenue to pay for themselves much less do anything to reduce our debt.

    27 Signs That The Standard Of Living For America’s Middle Class Is Dropping Like A Rock


    uhm that kook site seems to talk about the 2000's not reagans 80's into the 90's....
    Let evil swiftly befall those who have wrongly condemned us

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