Regime says when corporations move it costs Treasury billions - unions say it is unpatriotic

Discussion in 'Too Hot for Swamp Gas' started by g8orbill, Jul 17, 2014.

  1. g8orbill
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    g8orbill Gators VIP Member

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    http://dailysignal.com/2014/07/17/m...utm_content=DD140717&utm_campaign=dailydigest


    The Obama administration announced new rules this week that will effectively punish American companies who move facilities and jobs overseas to save on taxes. Labor union backed groups have denounced American businesses that move offshore to avoid the 35 percent corporate tax as “unpatriotic.” The White House claims such moves cost the Treasury billions of dollars.



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  2. gatornana
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    gatornana Administrator

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    You should change the topic title. The "regime" didn't say that.

    From your first post:

  3. 108
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    108 Premium Member

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    from what i've read, up to about 3 decades ago, businesses did quite often make business decisions with patriotism/nationalism in mind...
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  4. dadx4
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    dadx4 Well-Known Member

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    F them, they are leaving because of the corporate tax rate.
  5. MichiGator2002
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    MichiGator2002 VIP Member

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    Economic patriotism is a very Orwellian euphemism for "stay and obey".

    Business is going to go where it is welcome. The adults in the room would advise being the place where it is welcome. The Turlington Plaza 4 Life crowd running our government instead figure, no, punish them so they don't do what is natural.
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  6. harwil
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    harwil Premium Member

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    That's because the tax was comparable.Now it's out of whack.
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  7. OklahomaGator
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    OklahomaGator Jedi Moderator VIP Member

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    I said it on another thread and I will say it here. Eliminate the corporate tax altogether and tax dividend income just like regular income.
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  8. fredsanford
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    fredsanford VIP Member

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    There is very little difference in the amount of destruction of American life as we know it between corporations moving overseas and terrorists.

    Actually, the corporations are worse.
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  9. 108
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    i don't know what our comparable tax rates were, but I doubt that was the only reasoning

    there was a pride in American made
  10. CaptUSMCNole
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    CaptUSMCNole Active Member

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    Treasury Sec. Jack Lew has described telling business to say in the US despite lower taxes abroad as Economic Patriotism in the past.
  11. philobeddoe
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    philobeddoe Well-Known Member

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    Wait ... what about a woman's ..... er, a corporation's right to choose?????
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  12. gatornana
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    gatornana Administrator

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    In the past but not in this linky.
  13. Gatormb
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    Gatormb Well-Known Member

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    Nice reach Fred but comparing 53,000,000 dead babies to terrorism would be a closer analogy as both include death.
  14. MichiGator2002
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    What inane nonsense. You, Shab? Your ideology? More damage than the corporations and terrorist combined, at the rate you are going.
  15. 108
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    there will be corporations moving their headquarters abroad, even if we bring statutory rates next to zero....i wonder if conservatives will still be cheering them on, just to spite?

    btw, corporations pay 1/3 of that statutory tax rate, at 13%
  16. philobeddoe
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    philobeddoe Well-Known Member

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    Think these leftists understand its a bunch of big corporations that process their welfare ACH payments and EBT refills?
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  17. thedude60
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    thedude60 Active Member

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    Any company that leaves this country as their home port gets their "ships" seized. Time we stood up to the ingrate robber barons who have ruined our nation. Take a job overseas, your tax rate rises , take a factory, government gets the profits, move a call center to Mumbai, cut the communication network. Time to play Patrick Buchanan style economics with these traitors... Time we stop blaming American unions, workers, etc. and put it where it falls. Evil American bottom line first bast*&*s who make obscene money on American misery.
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  18. fredsanford
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  19. MichiGator2002
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    Nice to hear the perspective of fascist totalitarianism. See how totally a teachable moment is wasted on the left? Glad we are talking about businesses, at least, and not a bad date, because I don't think it would translate as well.
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  20. thedude60
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    We are talking about the destruction of America by unabashed ignorance by the majority who THINK for some reason one can attain a seat at the table and be a big boy. The joke is on them.

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