- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Make tax code friendlier to stop business inversion? Surely you jest
Posted on 9/8/14 at 11:16 am
Posted on 9/8/14 at 11:16 am
No link because it came across CBS News radio a few minutes ago. The Dept of Treasury's answer to slowing down the rate of US companies moving over sees is to impose new penalties in a punitive manner. Spokesman for DoT stated in the blurb they can act while 'waiting for Congress.'
Never a thought as to why these companies are leaving and how to make the US a more business friendly environment, apparently.
All money belongs to government.
Never a thought as to why these companies are leaving and how to make the US a more business friendly environment, apparently.
All money belongs to government.
4
Posted on 9/8/14 at 11:18 am to weagle99
Haven't you heard? Competitive tax structures are unpatriotic.
Posted on 9/8/14 at 11:22 am to BigJim
Buncha damn extremists..........
Posted on 9/8/14 at 11:23 am to weagle99
quote:
The Dept of Treasury's answer to slowing down the rate of US companies moving over sees is to impose new penalties in a punitive manner. Spokesman for DoT stated in the blurb they can act while 'waiting for Congress.'
Proof that the administration has a truly piss-poor grasp on how the market works.
Posted on 9/8/14 at 11:30 am to Bard
quote:
Proof that the administration has a truly piss-poor grasp on how the market works.
While I agree with this statement, what other administration tried to fix the corporate tax structure?
Posted on 9/8/14 at 11:37 am to Wtodd
Raise stamp prices
Posted on 9/8/14 at 11:40 am to fontell
Fitty cent!!!!
Posted on 9/8/14 at 11:43 am to Wtodd
quote:
While I agree with this statement, what other administration tried to fix the corporate tax structure?
Reagan did in 1986. Raised corporate taxes and decreased the tax base.
People complain about the "49%" who don't pay any federal taxes, but that is mostly due to the GOP who were the ones who wanted it that way in the first place.
Also, the GOP was able to successfully shift income to the top 1% rather dramatically in just one year. Their 1986 reform package did a lot to get us to where we are now in that regard when it shifted 5.1% of all U.S. income to the top 1%.
This post was edited on 9/8/14 at 11:46 am
Posted on 9/8/14 at 11:45 am to Tiger n Miami AU83
quote:
Reagan did in 1986. Raised corporate taxes and decreased the tax base.
That was actually my point. Reagan also raised the top individual income tax rate too.
Posted on 9/8/14 at 11:46 am to Wtodd
Yeah, GOP backers often do not know what they are talking about with their own party and taxes. Especially when talking about the 49% that don't pay anything. Probably wouldn't be that way if the GOP had not dropped the lower tax brackets in the first place.
This post was edited on 9/8/14 at 11:48 am
Posted on 9/8/14 at 11:52 am to Tiger n Miami AU83
I'm a Conservative but shudder when people talk like Reagan is the be-all, end-all Conservative.
Posted on 9/8/14 at 11:53 am to Tiger n Miami AU83
quote:
Reagan did in 1986. Raised corporate taxes and decreased the tax base.
Either ignorant or disingenuous. Which is it?
Posted on 9/8/14 at 11:58 am to Tiger n Miami AU83
quote:False.
Reagan did in 1986. Raised corporate taxes and decreased the tax base.
quote:True. Bush gave a HUGE tax cut to the lower and middle class. Oddly, it's always framed as tax cuts for "the rich". Its an outright lie.
People complain about the "49%" who don't pay any federal taxes, but that is mostly due to the GOP
quote:
Also, the GOP was able to successfully shift income to the top 1% rather dramatically in just one year. Their 1986 reform package did a lot to get us to where we are now in that regard when it shifted 5.1% of all U.S. income to the top 1%.
No.This post was edited on 9/8/14 at 11:59 am
Posted on 9/8/14 at 12:00 pm to Taxing Authority
quote:
quote:Also, the GOP was able to successfully shift income to the top 1% rather dramatically in just one year. Their 1986 reform package did a lot to get us to where we are now in that regard when it shifted 5.1% of all U.S. income to the top 1%. No.
Not just one year, but most of it was in one year after the 1986 reform.
quote:
True. Bush gave a HUGE tax cut to the lower and middle class.
Yep. 2001. Want to complain about the 49%, blame Bush.
This post was edited on 9/8/14 at 12:02 pm
Posted on 9/8/14 at 12:01 pm to Tiger n Miami AU83
quote:
Not just one year, but most of it was in one year after the 1986 reform.
Dude... you might want to learn something about how AGI was determined in those years.This post was edited on 9/8/14 at 12:03 pm
Posted on 9/8/14 at 12:03 pm to Taxing Authority
You going to disagree with me saying US income was shifted 5.1% under Reagan to the top 1%?
Is that what those little pictures mean?
Is that what those little pictures mean?
This post was edited on 9/8/14 at 12:04 pm
Posted on 9/8/14 at 12:04 pm to Tiger n Miami AU83
quote:I do. But to be fair, I don't hear many democrats calling for tax increase for the poor and middle class.
Yep. 2001. Want to complain about the 49%, blame Bush.
Posted on 9/8/14 at 12:04 pm to Taxing Authority
quote:
I do. But to be fair, I don't hear many democrats calling for tax increase for the poor and middle class.
Don't know if you consider me a Dem or not but, present and complaining.
Posted on 9/8/14 at 12:07 pm to Tiger n Miami AU83
quote:I try not to presume what others believe, unless, they say so. Not that it matters. It's not R-D anymore. It's government v. citizens. This is a great example, tho.
Don't know if you consider me a Dem or not
quote:What office do you hold?
but, present and complaining.
Our tax code is the ultimate example of tyranny of the majority. No one pays a "fair share". The majority pays too little. And a slim majority pays almost the entire bill. It's sad really.
This post was edited on 9/8/14 at 12:09 pm
Posted on 9/8/14 at 12:09 pm to Taxing Authority
quote:
. Not that it matters. It's not R-D anymore. It's government v. citizens.
thank god others see it too....
Page 1 of 2
Back to top
Follow TigerDroppings for LSU Football News