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. rivergator
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    rivergator Well-Known Member

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    you were pretty much confused and wrong throughout the epa thread
  2. gatorjd95
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    gatorjd95 Active Member

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    Money, like water, flows through the path of least resistance. If a country imposes punitive/comparative taxes, over-regulates, and generally makes doing business a massive headache, there should be no surprise that the business will seek another venue to operate. It has absolutely nothing to do with "patriotism." One could more accurately argue that imposing the confiscatory taxes and regulations is unpatriotic because it is driving the corporations that generate work/jobs/revenue out of the USA, thus reducing opportunities for the American workers.
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  3. MichiGator2002
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    MichiGator2002 VIP Member

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    Every answer you'll get contrary to this reality boils down to "stay and obey".
  4. gatorjd95
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    gatorjd95 Active Member

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    Unfortunately, we see the "stay and obey" mentality even within our own borders. Look at the huge mess Boeing had to go through to open a plant in an "at will" state. The NLRB acted like the union puppet it has become. Look also to the rust-belt states where industry is dying only to re-open overseas or in Southern states. Again, the business is going to go where it can avoid confiscatory measures in order to remain competitive. That is the natural state of business/economics, and unfortunately for the rust-belt states, they never learned the basics.
  5. BastogneGator
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    BastogneGator Well-Known Member

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    No, you were deflecting. Did I hurt your team mates feelings? Seems like a late personal jab
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  6. philobeddoe
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    philobeddoe Well-Known Member

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    I wonder how many of those shouting "stay and obey" are actually engaged in the profession and practice of commercial activities .... have built a business ..... have put their own capital, as well as that invested by others, at risk? I wonder how many have any experience dealing with the ridiculous burden and cost arising from government regulation of and interference in the private sector? I suspect not many, if any at all. Likely all are "sideliners" just wanting to "skim, scheme, and confiscate" even more from successful, productive endeavors and people.
  7. ga8orman1
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    ga8orman1 Premium Member

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    These poor corporations are just refugees trying to flee the dangers of the Obama regime. For some it's life or death. I thought liberals were all for defending the plight of those in need.
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  8. gatorpa
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    gatorpa Well-Known Member

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    And failed liberal polices are worse than both.
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  9. fredsanford
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    fredsanford VIP Member

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    There aren't many failed liberal policies. There sure are tons of conservative ones.

    They're coming home to roost now in the Middle East.
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  10. wcj786
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    wcj786 VIP Member

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    I don't think you realize how many small businesses would end up going bankrupt if you eliminated the "tax break" enjoyed by S-corps and "other pass-through entities". I know my business would end up folding, as I have an LLC. If I had to pay taxes at both the corporate level and the personal level through my business, I would no longer be able to stay in business.

    I invest in single family residences, fix them up and rent them out. My business is small, but provides enough for a person to live on. If I ended up being taxed at both levels though, it would no longer be enough for a person to live on.

    (Full Disclosure: I also work overseas for a defense contractor, so am not currently having to live off of the money brought in by the business. I am able to build that money up, with what I make from the overseas job and purchase more SFR's. It would still devastate my business if I had to pay taxes at both levels, though.)
  11. BastogneGator
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    BastogneGator Well-Known Member

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    If only this argument was actually germane to the issue of corporate taxes. Nice strawman
  12. philobeddoe
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    philobeddoe Well-Known Member

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    As a sub-S and LLC investor I understand what you say. My point ..... USC Title 26 is inequitable as regards C-corp taxation vis-a-vis the tax treatment of other domestic entities and in absolute terms when compared to the corp tax environment in other nations. US tax law really needs to be revised - simplified and modernized.
  13. ncbullgator
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    ncbullgator Well-Known Member

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    Funny and hypocritical how the progressives want to accuse others of being unpatriotic, but whose ideology is to deny conservatives and others who disagree with their left wing extremism their free speech rights.

    Now who is really unpatriotic?
  14. gatorpa
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    gatorpa Well-Known Member

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    Yeah dude, Barry's policy in the middle east is working out sooo well....Ha Ha

    Not even sure what is policy is actually, I don't think he does either.
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  15. 108
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    I say, if they want to move their head quarters overseas, their execs should all have to pay the individual tax rates of the countries they move to...

    I mean, you guys don't think they have lower corporate tax rates for nothing do you?
  16. wygator
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    wygator Well-Known Member

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    Funny, Obama is in favor of open borders for immigrants, but not for corporations!!!
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  17. g8orbill
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    g8orbill Gators VIP Member

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    obama wants to keep corporations from leaving our country but have no problem allowing thousands of illegals come across our borders
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  18. cjgator76
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    cjgator76 Well-Known Member

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    Nice.
  19. philnotfil
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    philnotfil Well-Known Member

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    So conflicted about this one. The companies are clearly signalling that money is more important to them than America is. Passing laws to prevent them from leaving, well, as soon as I type the words I cringe. That isn't the right answer. I'm not sure what is.

    I'm definitely sure that what is good for business is not what is good for America.
  20. OklahomaGator
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    It's really simple, find out why they are leaving and make some changes.

    Too high taxes? Lower corporate tax rate
    Too low taxes? Raise corporate tax rate

    Too many regulations and rules? Reduce or eliminate many of them
    Too few rules and regulations? Add more

    Too many lawsuits? Tort reform
    Too few lawsuits? Train more lawyers

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