Did you read what Boortz wrote? Accenture doesn't avoid a penny of taxes for doing business in America. What they avoid is paying taxes to the U.S. government (that overseas companies don't have to pay) above and beyond what a foreign government imposes for doing business in that foreign country.
Why are the free traitors so determined to injure domestic U.S. companies that make jobs for U.S. citizens and pay U.S. taxes?
You don't get it! The injury is imposed by a Congress (and ignorant public support like yours!) that insists on taxing the business any corporation based in America conducts OVERSEAS. Overseas companies don't have to pay taxes to the U.S. government for business they do OVERSEAS. Any overseas company pays taxes for business it conducts IN America, just as an American company does. The difference, that is negatively impacting the competitiveness of our companies, is that when they conduct business OVERSEAS we have to pay additional taxes to our government that overseas companies don't. This means we lose business (as this tax burden not borne by foreign companies drives up the price of American goods and services), and jobs, because of the greediness of the U.S. Congress and it's indifference to the additional burdens it places on our companies WHEN THEY DO BUSINESS OVERSEAS.
Perhaps they just don't like America. Very well - let them do business elsewhere
Good God, would you actually read what Boortz wrote. Your ignorance is appalling and it's costing your neighbors their jobs!
10 - Got a great idea, gunslinger.
How about, as they are a Bermuda corporation, we let the Bermuda Army, Navy, Airforce and Marines protect their interests overseas.
And also, they could pay the US government, from Bermuda, for operating their business here in the US, and we could tax any profits on the Bermuda operation from the US too, with a speial export profits tax.
Now, they could make separate deals, with Germany, France, Iraq, Indonesia, Philippines, and all of those 68 countries, to protect them, around the world. And the Bermuda commercial attaches around the world could support all their business operations, in all those countries too.
I understand Bermuda has an extensive, world wide military operation, that even goes out 12 miles, in some coast guard cutters.
Love it - then we could do this with all American companies working overseas, and pull all of our military from all over the world, back to our shores, and all those Liberian flag vessels - the Liberians could protect.
Yes. Love your idea. It would save many billions of dollars and probably save many lives of our military personnel too.
Great - love it !!!
So you’re saying that a company that decides to incorporate in Bermuda in order to avoid paying their fair share of taxes according to American law, should have the same benefits as American companies that pay their fair share. If they don’t like the law they can campaign to get the law changed, just like I plan to campaign against giving my tax money to a non-American company. Instead they decided they would rather not be an American company.
Lockheed and the other competitors on this contract have to pay their fair share of taxes, but you and Boortz, seem to think they are foolish for being an American company and paying American taxes when all they have to do is incorporate in Bermuda.
I don't like paying income taxes, but I will pay my fair share in order to be an American. Some actors and actresses have become citizens of other countries to avoid paying their fair share. Shame on them and shame on companies that decide to go this route. If I don't like the taxes I pay, I can fight to get them lowered or vote people in that plan on lowering my taxes.