There are some women here who can't get past the Liberal talking point that all big business is bad. They really know NOTHING about how businesses are run and how important they are to America. Probably couldn't name 5 businesses they would say are too big and why they think that of them. It's all a generality about so called big business that the left has imprinted in their mind already.
What I hear is they believe big business is out to take everything from everyone and prevent the poor from being rich I guess.
Big business actually has nothing to do with the way you live your life. They don't take your money and they don't prevent you from earning money. Only you can do that. The only reason they hate big business is that they feel cheated and are jealous that they do not have what they have. Think differently? Lets hear it.
The tactic used by some big businesses to move off shore (thus avoiding US corporate taxes which HELP our economy) and eliminating family supporting, American jobs in the process, does not seem overwhelming American minded IMHO. Has that prevented me from succeeding? NO- My husband and I are still gainfully employed, so no jealousy or a feeling of being cheated here. What do you find so altruistic about a Co living the US of A for gr$$n$er pastures and cheap foreign labor devoid of HC benefits? How do these COs help the American economy and American workers in general? Is your last name Walton?
Answer by Sisteract at 6:01 PM on Sep. 20, 2010
Answer by Sisteract at 6:06 PM on Sep. 20, 2010
U.S. tax rules let companies defer paying corporate rates as high as 35 percent on most types of foreign profits as long as that money remains invested overseas. The reason above is why they push off shore- add cheap foreign labor and zero Health and Welfare benefits and it's a no- brainer.
Not sure how the aforementioned helps the American economy or the average American worker-
Answer by Sisteract at 6:10 PM on Sep. 20, 2010
There is no form of taxation in the Cayman Islands relating to individuals, corporations or trusts.
Answer by Sisteract at 6:15 PM on Sep. 20, 2010
The tactic used by some big businesses to move off shore (thus avoiding US corporate taxes which HELP our economy)
Are you familar with the Laffer Curve? I encourage you to prove this statement WRONG? "In most countries, corporate rate cuts have coincided with rising tax revenues" Or have you ever read about the research from the Org for Economis Co-Operation and Development(OECD) and their extensive findings from 1980 to 2005. They found that increases to corporate tax rates in the OECD (looking at other nations including the US) above 26 percent tended to reduce government revenues.
Answer by grlygrlz2 at 6:16 PM on Sep. 20, 2010
Answer by Sisteract at 6:16 PM on Sep. 20, 2010
Answer by grlygrlz2 at 6:17 PM on Sep. 20, 2010
Answer by Sisteract at 6:19 PM on Sep. 20, 2010
Answer by LoriKeet at 8:00 PM on Sep. 20, 2010