[Lurker]

So begins the feeding frenzy of the looters.

Watch for many of the targeted companies to move out of the US entirely soon.

[elpadre]

The US is either the most restricted and taxed country for a business to operate, or second worst in the world. Either way, it is a wonder as many stay as do.

[combat_boots]

No! Really?

Remember Accenture’s loss of ‘goodwill’ when it moved its HQ to Bermuda?

http://goliath.ecnext.com/coms2/gi_0199-530441/Bermuda-HQ-costs-Accenture-goodwill.html

[combat_boots]

Pure Trust info:

http://www.yourpto.com/about.php

[Quickgun]

you are exactly right. I do contract work for two of the largest oilfield service companies in the world. Both have moved thier main offices from Houston to foreign countries. Rumor has it that they may severly cut thier US operations, especially those onshore. Some say it's mostly because of the recent drop in oil prices, but they have been through drops many times. I tend to think taxes, litigation.

[ronnie raygun]

Surprise! so do most of our criminal politicials but this is ok, right? they fail to pay taxes but this was an oversite, we all know Frank, Dodd and a host of sickening despicable rats caused the melt down but no one says a word,they now call global warming, global climate change because they can’t explain the deep freeze we’re in and we eat this also, they bail out everyone with our tax dollars with no accountability and ask for more and we sit and say nothing, most lemming Americans are in a celebritory mode for the empty suits inaugeration and the begining of the saviors resue of the world and its problems and some of us say well he may not be that bad. Today the RNC sent me my official membership card and also asked for a donation and I did what we all should do, I dumped it in the trash and e mailed them to say” when you grow some balls and decide to represent us instead of your self interests or your rat friends you now have, then I will support you”.

[eaglestar]

This was my expectation going into this election. I expected for many corporations, businesses and the affluent people to move outa here if Obama won the election. I never took tax havens into account but now that they are targeting them the exodus should accelerate much faster leaving Obama and the Democrats with not much to spend.

[Paige]

Why don’t they look into the Left wing Elitist’s tax havens? The Left does not care about the high taxes because they’ve had their money in tax havens from the beginning.

The Kennedy’s are yet another example of using tax havens but sticking to the working America People.

[Kellis91789]

Why would the government believe it can be more efficient at tracing money than actual productive businesses are at moving it around ? It’s not like government workers are the sharpest pencils in the box.

They should have simply dropped all attempts to collect income and payroll taxes from corporations and simply substituted a 7% NRST. It would raise as much or more money and ecourage HQs to be located here rather than offshore. And unlike the 23% FairTax scam, the rate would be low enough to not offer much incentive to cheat.