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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 11:23 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 12:14 pm to weagle99
weagie-
So you're suggesting the solution to preventing inversion is to make it easier to invert?
So you're suggesting the solution to preventing inversion is to make it easier to invert?
Posted on 9/8/14 at 3:08 pm to weagle99
quote:
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.
Seems the government solution to any problem is creating a negative consequence versus a positive incentive.
Instead of telling business why they shouldn't go over seas, encourage them to stay by offering incentives.
Problem is, business have been demonized for so long, no one views them as a positive anymore. Instead of being associated with growth, jobs, etc... they have become synonymous with evilness, greed and negativity.
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