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Caterpillar avoided $2.4B in taxes, charges Sen. Levin
The Hill ^
| March 31, 2014
| Peter Schroeder
Posted on 03/31/2014 4:18:22 PM PDT by jazusamo
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To: DManA
There is nothing illegal or immoral about avoiding taxes. In fact it is managements duty to their owners.You nailed it...From us lowly peons right up to the largest corporations.
21
posted on
03/31/2014 4:36:10 PM PDT
by
jazusamo
([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
To: jazusamo
I’m sure Levin doesn’t take advantage of tax laws to minimize his own tax liabuility.
22
posted on
03/31/2014 4:36:27 PM PDT
by
umgud
To: Balding_Eagle
Yep, and Levin’s really ticked because that’s not hard to do. lol
23
posted on
03/31/2014 4:39:26 PM PDT
by
jazusamo
([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
To: jazusamo
It is the responsibility of every CEO/CFO in America to manage tax liability. If they do a poor job, they are exposed to shareholder liability and worse.
Levin is an idiot.
24
posted on
03/31/2014 4:39:53 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: Oldeconomybuyer
No, Levin is not an idiot.
Levin is a warrior, a class war warrior. His intent is to enrage his old union base, most blacks and all on welfare to hate corporations and vote democrat
His weapons are words
25
posted on
03/31/2014 4:45:36 PM PDT
by
bert
((K.E. N.P. N.C. +12 ..... History is a process, not an event)
To: jazusamo
Caterpillar also avoided bankruptcy. Shouldn’t that be the real point!
26
posted on
03/31/2014 4:46:27 PM PDT
by
DaveyB
("When injustice becomes the law; rebellion becomes duty." - Thomas Jefferson)
To: jazusamo
How dare CAT not allow the government to piss away every damn last dime of their tax payments.
27
posted on
03/31/2014 4:47:21 PM PDT
by
headstamp 2
(What would Scooby do?)
To: jazusamo
2.4 Billion? That would pay for about 20 Chicago teachers pensions.
To: Oldeconomybuyer
They have a fiduciary responsibility to do that.
To: jazusamo
If it was legal then GOOD FOR CAT!
30
posted on
03/31/2014 5:16:22 PM PDT
by
Castigar
To: jazusamo
What Sen Levin really means is:
Look here, we passed these complicated laws for ourselves and our close friends, how dare you use the same law to shelter your income. I know just because us folks in the Ruling Class have been doing it forever(see Kennedy Trust) doesn’t mean it was meant for everyone, and we Don’t Like it.
31
posted on
03/31/2014 5:24:53 PM PDT
by
eyeamok
To: jazusamo
What the heck has the federal government done to make Caterpillar successful???
They did nothing illegal, just smart, in avoiding the ridiculous taxes levied by the Socialists in D. C. and IL.
To: jazusamo
and how many tax accountants does that scumbag Levin employ to lower HIS tax burden??? feh...
33
posted on
03/31/2014 5:30:54 PM PDT
by
Chode
(Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
To: umgud
Im sure Levin doesnt take advantage of tax laws to minimize his own tax liabuility.I am sure of that too but let's see a full IRS anal probe of Levin's dealings anyway ... for transparency.
34
posted on
03/31/2014 5:35:09 PM PDT
by
TigersEye
(Stupid is a Progressive disease.)
To: jazusamo
Obama trying to get even for Obama's lie about Caterpillar and jobs?
Those bastard Libs should never be given a Job since they hate Capitalism to much.
I recommend All companies fire every Lib on their payroll. Pronto.
35
posted on
03/31/2014 5:37:48 PM PDT
by
MaxMax
(Pay Attention and you'll be pissed off too! FIRE BOEHNER, NOW!)
To: jazusamo
With no thanks to levin, expect caterpillar to close up shop in the US in the near future. The industrial decline in the US, and loss of heavy manufacturing here in the US is the last nail in the coffin for a company like caterpillar. The US is in its post industrial decline, being replaced by the downward spiral service and financial industries. When you get to the point where your country only trades haircuts and hamburgers for worthless paper, you’re basically screwed. Enjoy the ride down.
36
posted on
03/31/2014 5:49:54 PM PDT
by
factoryrat
(We are the producers, the creators. Grow it, mine it, build it.)
To: jazusamo
Anytime a company can avoid paying more taxes to an over bloated POS government like ours is a good thing.
Rue the day!
37
posted on
03/31/2014 6:05:11 PM PDT
by
unixfox
(Abolish Slavery, Repeal the 16th Amendment)
To: jazusamo
Go Caterpillar, starve the freakin beast!!
To: jazusamo
I am amazed at the magnitude of Carl Levin’s greed.
39
posted on
03/31/2014 6:12:16 PM PDT
by
Hoodat
(Democrats - Opposing Equal Protection since 1828)
To: CrazyIvan
They destroyed it here in York, PA, and over 1,100 jobs were lost in 1998, thanks to the scum UAW 17-mo strike. Not much remains, and that might be going away this year.
40
posted on
03/31/2014 6:18:35 PM PDT
by
Carriage Hill
(Peace is that brief glorious moment in history, when everybody stands around reloading.)
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