• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

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

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

  • Yes

    Votes: 23 62.2%

  • No

    Votes: 8 21.6%

  • Other

    Votes: 6 16.2%
  • Total voters
    37
DVSentinel said:
Because the left thinks it should be able to steal as much as possible to give to their voting demographics in the form of "entitlements".
Click to expand...
I guess that I was writing the same thing that you had posted 2 minutes earlier which I did not see. But I guess it doesn't hurt to repeat a truth.
 
TheDemSocialist said:
20 big profitable US companies paid no taxes
Click to expand...

DA60 said:
Kudos to them for avoiding the silly and destructive corporate taxation.
Click to expand...

Clearly they've invested in wise and legitimate tax consulting, and compliant with the letter of the law, to arrive at this final result.

What's your beef? If you really feel it necessary to double or even triple tax multinational corporations just because the behemoth government needs to be fed, you are welcome to lobby and change the tax code to do so. Good luck with that.

GovernmentSpending-YouNeedToLearnToLiveWithLess_zpsd5ee0c41.jpg
 
eohrnberger said:
Clearly they've invested in wise and legitimate tax consulting, and compliant with the letter of the law, to arrive at this final result.

What's your beef? If you really feel it necessary to double or even triple tax multinational corporations just because the behemoth government needs to be fed, you are welcome to lobby and change the tax code to do so. Good luck with that.

GovernmentSpending-YouNeedToLearnToLiveWithLess_zpsd5ee0c41.jpg
Click to expand...

I assume you are talking about TheDemSocialist because I am against corporate/business taxation altogether as I think it does little but hurt the economy.
 
DA60 said:
I assume you are talking about TheDemSocialist because I am against corporate/business taxation altogether as I think it does little but hurt the economy.
Click to expand...

Yup. That'd be the case. Please see my post as in support of your position. :peace
 
Doppelgangirl said:
What's your opinion on social responsibility? If a company is making you money, but say, doing it off forced child labor for example... Would you move your investment? Or would you not factor that into the equation? I'm sincerely curious. :)
Click to expand...

I think that we muddy the waters when we try to combine too many competing objectives. My wife and I have never purchased a decent car when we tried to combine what I wanted with what she wanted-we ended up with a car neither liked.

A proper role of government is to ensure that a company follows some social responsibility and not all investors are simply interested in maximizing profit. Child labor is illegal. Some pollution and environmental degradation is illegal. A company that follows illegal procedures will (OK, hopefully) be punished and the return on investment will be hurt.

And there are investors who understand that they may get a reduced rate of return and a company may have a harder time generating investors but they still pride themselves on social responsibility and put their money where their mouth is. At least I have always done so and assume that many do as well. I will not invest in a company that I don't respect.
 
Glen Contrarian said:
What's sad is there seems to be those of a certain *cough*Tea-Party*cough* mindset that seem to think that it's patriotic to avoid paying taxes.
Click to expand...


If you don't do everything in your power to legally reduce your tax exposure, you are an idiot

Plain and simple

Companies do it

People do it

We have an entire industry built upon that premise

Would I change the tax codes, and make everything simpler if I had the power....sure

But as long as congress follows the tax lobby, and the irs is as ****ed up as it is, then it is my right and yours to pay as little as possible legally of course
 
Eric7216 said:
I think that we muddy the waters when we try to combine too many competing objectives. My wife and I have never purchased a decent car when we tried to combine what I wanted with what she wanted-we ended up with a car neither liked.
Click to expand...

*Sigh*... the many joys of marriage. I learned after a few years that often "compromise" (aren't we BOTH supposed to get a little each?) usually works out - in real life - to NEITHER getting squat, except a solution we wouldn't strangle each other over... Or bring up 3 Thanksgivings later... ;)

A proper role of government is to ensure that a company follows some social responsibility and not all investors are simply interested in maximizing profit. Child labor is illegal. Some pollution and environmental degradation is illegal. A company that follows illegal procedures will (OK, hopefully) be punished and the return on investment will be hurt.
Click to expand...

Unfortunately, what would be "illegal" in the US is often overlooked or worse -- legal-- in many of the countries these corporations move to. If the minimum wage in China is the equivalent of $3 US, that company is saving $5-$6 US per employee, per hour. Never mind the living conditions some are subjected to. I saw a documentary awhile back where these apartment complexes workers lived in installed nets in the courtyard. It was needed to prevent more suicide attempts by the workers. Often, these people take the work, no matter how crappy, because it's better than the alternative. We have the same situation in the US, IMHO. But the poverty those people experience is a world apart.


And there are investors who understand that they may get a reduced rate of return and a company may have a harder time generating investors but they still pride themselves on social responsibility and put their money where their mouth is. At least I have always done so and assume that many do as well. I will not invest in a company that I don't respect.
Click to expand...

I agree. I have an enormous amount of respect for those people/companies.

I have no respect for the ones that will go to any length to save a buck, consequences be damned. In fact, I hope there is a special place in hell carved out for those jerks. :rantoff:
 
I can't bring myself to care about people doing whatever they can to avoid paying taxes. It is in your best interest to avoid paying your taxes, so I'm not going to support punishing people for doing it. It's also just stupid to say "you can't do business here" to someone that avoided their taxes. All you end up doing is punishing consumers for a law that amounts to theft. It's really stupid, imho.
 
dogtowner said:
Should congress realize that predatory taxation is an excellent way to watch the private capital of the country go elsewhere ?
Click to expand...

What happens is the US works with other countries to create a situation where private capital is trapped where they want it. The US has figured that out long ago.
 
GBFAN said:
I invest my money with a company .... that company has a responsibility to MAXIMIZE my investment.

Any other questions?
Click to expand...

....yeah, what does that have to do with the fundamental question of this thread?
 
Eric7216 said:
Burger King will still be paying US taxes on income earned in the US. For some reason, our government seems to think that if you have your corporate headquarters in the US ALL income, whether earned in Canada, France, or China, is taxed in the US. Most other countries only tax a corporation on income earned in that country. Why should BK pay US corporate tax on all their income worldwide as well as Canadian corporate taxes on income earned in Canada?
Click to expand...

Because the US government has taken the position that you only get whatever income you have earned after they have taken their cut. In essence they have claimed ownership of all your income and then gifted you whatever they don't take for themselves. There is no reason to assume income earned here or there is any different in this regard.
 
Henrin said:
amounts to theft.
Click to expand...

This is one of the most insane arguments libertarians make.

Even the Mesopotamians figured out that taxes were necessary because they realized that civilization is a circular system.

Companies thrive on infrastructure and programs government for it's part runs and maintains, without government, businesses would fail and without businesses, government would fail.

It is not a one sided affair.
 
Did you ever notice that people that lack an argument always claim their opponents are traitors or unpatriotic? I have.
 
Glen Contrarian said:
What's sad is there seems to be those of a certain *cough*Tea-Party*cough* mindset that seem to think that it's patriotic to avoid paying taxes.
Click to expand...

Is the tea party mindset that nobody should pay taxes but the poor? Cause that's when right wingers get bent out of shape and complain about others not paying squat and getting benefits. When corporations and the wealthiest pay nothing, it's freedom.
 
NIMBY said:
Mark Levin calls this crony capitalism and calls out elitist republicans as well as libruls .
Click to expand...

The US is crony capitalistic. The market isn't really free. The politicians are bribed, funded, and paid for by lobbyist and corporations wanting favors, and the market is tipped in their favor.
 
Jetboogieman said:
This is one of the most insane arguments libertarians make.

Even the Mesopotamians figured out that taxes were necessary because they realized that civilization is a circular system.

Companies thrive on infrastructure and programs government for it's part runs and maintains, without government, businesses would fail and without businesses, government would fail.

It is not a one sided affair.
Click to expand...

Usually when a service is something people want they are willing to pay for it, but supporters of government taxation argue that taxes must be involuntary because otherwise no one would pay them. This would logically mean the service is not something people desire and therefore has no value, but according to these same people government services are valuable and things the people can't live without.
 
Absolutely not. If you won't play by the rules of this country, you don't get the benefits of being here. It's not different than imprisoning or exiling a criminal. You follow US rules and pay US taxes, or you go out the door. These companies are biting the hand that fed them and made them successful. They should show some loyalty to this county and to its people. If they can't do that, then they can say goodbye to our business.
 
SheWolf said:
Is the tea party mindset that nobody should pay taxes but the poor? Cause that's when right wingers get bent out of shape and complain about others not paying squat and getting benefits. When corporations and the wealthiest pay nothing, it's freedom.
Click to expand...

One is a matter of people doing what is in their best interest while the other is the government treating people differently.
 
It's a matter of you treating people differently. Both get handouts and welfare, the only thing different is one is wealthy and the other is not...

Henrin said:
One is a matter of people doing what is in their best interest while the other is the government treating people differently.
Click to expand...
 
SheWolf said:
It's a matter of you treating people differently. Both get handouts and welfare, the only thing different is one is wealthy and the other is not...
Click to expand...

All welfare is corporate welfare. The difference is only in how that welfare is delivered. Welfare sold as welfare for the poor provides businesses with market activity which increases their profits, while corporate welfare gives them the aid directly. Why do you think rich liberals support welfare for the poor? Do you really think it has anything to do with the poor or is it more likely they realize that the system is actually meant to help them?
 
Paschendale said:
Absolutely not. If you won't play by the rules of this country, you don't get the benefits of being here. It's not different than imprisoning or exiling a criminal. You follow US rules and pay US taxes, or you go out the door. These companies are biting the hand that fed them and made them successful. They should show some loyalty to this county and to its people. If they can't do that, then they can say goodbye to our business.
Click to expand...

So avoiding taxes on repatriated funds earned and taxed in other countries while still paying taxes to the US on income earned in the US is biting the hand that feeds them?

Does the Geneva Convention address that level of tortured logic?
 
It's hard to blame someone for wanting to pay as little tax as possible. The problem, as far as I am concerned is that we send US jobs overseas.
 
Grand Mal said:
Retail doesn't create jobs. If Burger King disappeared tomorrow no money or jobs would be lost.
Stupid to think otherwise.
Click to expand...

The last time I went to Burger King I could swear I saw people working there.
 
Μολὼν λαβέ;1063695142 said:
The last time I went to Burger King I could swear I saw people working there.
Click to expand...

Greetings, Mo. :2wave:

:agree: It looked to me that they were working pretty hard too - almost like one of those old-time Charlie Chaplin movies - ....amazing how our eyes can fool us sometimes, isn't it?
 
You must log in or register to reply here.
Back
Top Bottom