Comments on: What Is Tax Deferral?

By: zevgreen

zevgreen — Tue, 01 Nov 2011 05:51:47 +0000

This is voo-doo economics. Almost no corporation pays 35% tax. About two-thirds of U. S. companies and foreign firms doing business in this country paid no federal income taxes from 1998 to 2005, according to a study by the GAO. The report also said that about 1/4 of large corporations – ones that had more than $250 million in assets or $50 million in gross receipts – paid NO taxes.

Fair trade tariffs PROTECT U. S. workers. Tariffs would make a level playing field, not prevent it.

By: thatbointhathouse

thatbointhathouse — Tue, 01 Nov 2011 05:20:39 +0000

In 1908 a lady named sally cusa was in the woods looking for a dog until a ghost killed her so if your reading this u will find a bloody body hanging there haunting you and will kill you and your family and if you want it to stop just send this to 6 videos in 30 min or this will happen good luck

By: ganzma

ganzma — Tue, 01 Nov 2011 04:21:46 +0000

Finally, someone talking sense about taxes. Obama’s spin is wrong and dangerous for America. Most countries only tax income earned in their country. The US is one of two major countries that does not. We have the second highest corporate tax rate in the world. With respect to having 18,000 companies registered with one address in Bermuda. why is it ok to have 300,000 companies registered with one address in Delaware and no operations there. The better US companies do the better it is for US jobs.

By: CaliforniaArchitect

CaliforniaArchitect — Tue, 01 Nov 2011 04:14:45 +0000

Obama’s plan to raise taxes on U. S. corporations doing business overseas is a RISKY SCHEME. Remember that phrase from a few years ago? In this economic depression, raising taxes won’t do anything other than to reduce profits for everyone in the U. S.

By: artbrick

artbrick — Tue, 01 Nov 2011 03:33:18 +0000

What if the US government lowered the corporate rate to 20%? Do you think corporations might come back to the US? How many dudes in America will benefit if corporations had tax incentives to be in the US (not leave it)?

By: rizvisa1

rizvisa1 — Tue, 01 Nov 2011 03:24:43 +0000

only dudes that get any benefit are the CEO and top management. Look at the gap between salary and rate of growth in the difference. The corp tax rate is not the only issue. Like it or not, CEO make more if company make more. So it is cheaper to hire a guy in India or China to do here. So I am not inclined to believe that corp tax rate reduction will have a great and sustain impact.

By: yourboycal

yourboycal — Tue, 01 Nov 2011 02:47:18 +0000

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By: ForceSmart

ForceSmart — Tue, 01 Nov 2011 02:28:38 +0000

Damn! This is exactly right, and I can’t see how Democrats and liberals can’t get this.

By: lazytimewaster

lazytimewaster — Tue, 01 Nov 2011 01:46:26 +0000

isn’t the whole point so that US companies don’t go to China in the first place??!! The extra %10 tax looks good to me. Then we can employ more Americans, and at a decent wage, instead of taking advantage of Chinese Sweatshops. I’m all for the tax.

By: bluefootedpig

bluefootedpig — Tue, 01 Nov 2011 01:17:44 +0000

so you dont understand basic economics. Companies that dont grow can’t hire as much, also, why work in america when you can work in china for less. Basically leave america. The biggest “american company” is boeing, and it only has 35% of its business in the US. So tell me, if the biggest company only does 35% of its business in america, and we tax them more, you think they will continue?