View Poll Results: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

Voters
42. You may not vote on this poll
  • Yes

    26 61.90%
  • No

    10 23.81%
  • Other

    6 14.29%
Page 2 of 9 FirstFirst 1234 ... LastLast
Results 11 to 20 of 89

Thread: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

  1. #11
    Sage


    Join Date
    Feb 2013
    Location
    IL
    Last Seen
    Today @ 06:44 AM
    Gender
    Lean
    Moderate
    Posts
    36,762

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Mark Levin calls this crony capitalism and calls out elitist republicans as well as libruls .
    Quote Originally Posted by GBFAN View Post
    I invest my money with a company .... that company has a responsibility to MAXIMIZE my investment.

    Any other questions?
    Physics is Phun

  2. #12
    Educator newpublius's Avatar
    Join Date
    Feb 2014
    Location
    Riverdale, NJ
    Last Seen
    10-03-17 @ 08:08 PM
    Gender
    Lean
    Conservative
    Posts
    714

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    If I owned a standalone business in Delaware and a standalone business in a Florida which in turn was owned by a NJ business, it wouldn't be long before it'd occur to me that the Florida business should own the DE and NJ business rather than the NJ business owning the FL and DE business. The NJ business is itself subject to taxation on whatever business it does in NJ and will remain so, just like Burger King who will also remain subject to taxation based on profits earned in the US. This isn't about transfer pricing which is already illegal, it's about taxing foreign earned profits in subsidiaries. Not to mention, the tax is easily avoidable simply by not repatriating the funds.

  3. #13
    Si vis pacem, para bellum
    Μολὼν λαβέ's Avatar
    Join Date
    May 2011
    Last Seen
    09-29-17 @ 11:22 PM
    Lean
    Conservative
    Posts
    6,914

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Politicians squander tax revenues, bottom line. Not only that, but they avoid paying as much as they can in taxes themselves. If you want to pay more taxes, then go for it.
    Quote Originally Posted by Redress View Post
    Generalizations are stupid.
    Quote Originally Posted by Joe Steel View Post
    The Second Amendment has nothing to do with guns.

  4. #14
    American
    cpgrad08's Avatar
    Join Date
    Jan 2011
    Location
    Lakewood,WA
    Last Seen
    10-18-17 @ 07:14 PM
    Gender
    Lean
    Libertarian
    Posts
    5,388
    Blog Entries
    10

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Quote Originally Posted by TheDemSocialist View Post
    There is a big controversy lately with Burger King seeming to avoid taxes in the US lately. Our "official corporate tax rate" is 35% however BK paid around 26-27%. In the US the effective corporate tax rate was however 12.6% in the US. My question is: "Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?"
    Yes, they should be allowed to do business in the USA unless you want the thousands of jobs they provide to go away.

  5. #15
    Gradualist

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

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Quote Originally Posted by GBFAN View Post
    I invest my money with a company .... that company has a responsibility to MAXIMIZE my investment.

    Any other questions?
    I was providing sources to back up the OP.
    However I fundamentally disagree with that opinion. That is why I am against "free trade" and "neoliberalism"


  6. #16
    Guru
    Hari Seldon's Avatar
    Join Date
    Jul 2014
    Location
    New York
    Last Seen
    Today @ 05:06 PM
    Gender
    Lean
    Liberal
    Posts
    3,572

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Yea, define "maximize".
    Never let your sense of morals get in the way of doing what's right.
    Isaac Asimov

  7. #17
    Educator
    Join Date
    Oct 2013
    Location
    Colorado Springs, CO
    Last Seen
    10-23-14 @ 02:55 PM
    Gender
    Lean
    Conservative
    Posts
    945

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Quote Originally Posted by Hari Seldon View Post
    Yea, define "maximize".
    Dictionary.com | Find the Meanings and Definitions of Words at Dictionary.com


    maximize [mak-suh-mahyz]

    verb (used with object), maximized, maximizing.

    1. to increase to the greatest possible amount or degree:

    Next question?

  8. #18
    Guru
    Hari Seldon's Avatar
    Join Date
    Jul 2014
    Location
    New York
    Last Seen
    Today @ 05:06 PM
    Gender
    Lean
    Liberal
    Posts
    3,572

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Avoidance is legal and you can't blame entities for trying to minimize their bill. Evasion is illegal and should be punished. The rich love those swiss banks. You could lower the rate but eliminate all the loop holes and actually create more revenue. But it would never pass as too many politicians benefit from a variety of these loopholes. Beside the Repugs in congress are incapable of doing anything other than voting to repeal the ACA or filibustering.
    Never let your sense of morals get in the way of doing what's right.
    Isaac Asimov

  9. #19
    Guru
    Hari Seldon's Avatar
    Join Date
    Jul 2014
    Location
    New York
    Last Seen
    Today @ 05:06 PM
    Gender
    Lean
    Liberal
    Posts
    3,572

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Quote Originally Posted by GBFAN View Post
    Dictionary.com | Find the Meanings and Definitions of Words at Dictionary.com


    maximize [mak-suh-mahyz]

    verb (used with object), maximized, maximizing.

    1. to increase to the greatest possible amount or degree:

    Next question?
    Based on that answer a company should do everything to maximize your investment (stock price & dividends). Many corporations choose to invest in additional R&D or expand operations at the expense of current profits. Others choose to maximize current stock price at the expense of future profits. The trick is to find a happy medium. Moving operations over seas might seem like a good idea until you have to deal with fraud and an emerging middle class causing labor costs to rise significantly. Point being "maximize" is subjective concerning corporations. Look at Bezos, he dumps almost all his profits into future operations at Amazon or the trillion or so major corporations have sitting in cash and NOT sending out dividends to their investors.
    Never let your sense of morals get in the way of doing what's right.
    Isaac Asimov

  10. #20
    Educator
    Join Date
    Oct 2013
    Location
    Colorado Springs, CO
    Last Seen
    10-23-14 @ 02:55 PM
    Gender
    Lean
    Conservative
    Posts
    945

    Re: Should Companies That Avoid Taxes in USA Be Allowed to do Business in the USA?

    Quote Originally Posted by Hari Seldon View Post
    Based on that answer a company should do everything to maximize your investment (stock price & dividends). Many corporations choose to invest in additional R&D or expand operations at the expense of current profits. Others choose to maximize current stock price at the expense of future profits. The trick is to find a happy medium. Moving operations over seas might seem like a good idea until you have to deal with fraud and an emerging middle class causing labor costs to rise significantly. Point being "maximize" is subjective concerning corporations. Look at Bezos, he dumps almost all his profits into future operations at Amazon or the trillion or so major corporations have sitting in cash and NOT sending out dividends to their investors.
    It is pretty simplistic to assume that I meant that all I care about is current profits. In fact, not only is it simplistic, but it's dead wrong. Long term value outweighs short-term gain every time.

    But, then again, that wasn't the question posed by this thread, was it?

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
  •