Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Current Events (https://www.askmehelpdesk.com/forumdisplay.php?f=486)
-   -   Warren Buffet is unpatriotic (https://www.askmehelpdesk.com/showthread.php?t=800230)

  • Aug 28, 2014, 07:18 PM
    talaniman
    They don't evade taxes here Earl, they have loopholes to mitigate their tax liability. Its legal because they lobbied the congress for them. Does it make sense to you to holler about something they don't pay? Of course NOT! Plus they get corporate welfare, and wage subsidies for their workers.
  • Aug 28, 2014, 11:58 PM
    paraclete
    The idea that US companies pay more tax is furrfy, which in local parlance is a water tank with holes in it. You have to take the tax system as a whole not just the nominal rate. The effective rate of tax in the US is lower this is why other countries have lowered their tax rates, so they can compete. And attract investment. There are a whole lot of subsidies in the US that other countries don't have so don't think there is a level playing field because there isn't
  • Aug 29, 2014, 06:43 AM
    tomder55
    Quote:

    If the U.S. doesn't want corporations to evade taxes, why don't they just lower the corporate tax rate? Canada, Switzerland and Ireland have much lower rates. It would attract a lot more business and maybe there would be less tax dodging.
    exactly !
  • Aug 29, 2014, 06:48 AM
    NeedKarma
    But sadly no one in power will do it.
  • Aug 29, 2014, 07:37 AM
    tomder55
    Australia’s corporate tax rate is currently 30%, which is higher than the average rate of developed countries, but lower than the U.S. Where economies are growing like Singapore (17-19%), Taiwan (17%) ,rates are substantially lower. Japan's rate is 35%, but Prime Minister Shinzo Abe is finding the support necessary to gradually lower the country’s corporate tax down to 30% and eventually as low as 25%. Face it high corporate tax rates are a thing of the past . Governments will just have to find other hosts to leach off of .
  • Aug 29, 2014, 07:42 AM
    talaniman
    Why don't you just come out in full support of the ohligatchs Tom, and do away with the sham of elections, and democracy.
  • Aug 29, 2014, 07:57 AM
    tomder55
    My solution forces all corporations to pay their fair share . You are the one who supports complex tax codes with uncompetitive rates that the "oligarchs" can manipulate to their advantage.
  • Aug 29, 2014, 03:49 PM
    paraclete
    Tom wants the rule of the oligarchs those job creators and robber barons this is why he wants to play into their hands by having flat rate taxes and no rules

  • All times are GMT -7. The time now is 07:36 AM.