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To: fogarty
Unreasonable taxes? Why are they avoiding paying any taxes here in the US? And they expect a tax rebate? Tax havens are an anathema to every citizen who pays taxes! They are passing the tax burden to investors and buyers. Scum in my book...
12 posted on 07/31/2002 8:11:56 PM PDT by Madame de Winter
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To: Madame de Winter
If taxes were not unreasonable they wouldn't be moving offshore! Until the government learns that taxes are TOO DAMN high, then we will continue to lose corporations offshore.

The colonies rebelled over less than a 4% tax rate on stamps. Don't you think that what we pay nowadays (over 40%) is a little unreasonable? If not, then you can take your socialist wasteland and keep it.

13 posted on 07/31/2002 8:14:30 PM PDT by fogarty
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To: Madame de Winter
Unreasonable taxes?

YES! I think so! I would be interested in knowing what you feel is a reasonable tax. 40%? 35%? what?

Why are they avoiding paying any taxes here in the US?

They aren't avoiding all taxes, they're minimizing what they pay in tax. Why in the world would a business pay 15 times as much for office supplies if it could get the same product for far less? It seems rather odd that you would not understand this.

And they expect a tax rebate?

No, they don't. The rebate was for individuals, not business. Further, the amount of that rebate was trivial to the businesses in this context.

Tax havens are an anathema to every citizen who pays taxes!

I would like to know why you think this.

If you had a choice of living on one side of a street that had $1500 monthly property tax bills or across the street with exact same amenities with a $100 tax bill, which would you choose? How is this any different that the situation in the article?

19 posted on 07/31/2002 8:28:38 PM PDT by Principled
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To: Madame de Winter

They are passing the tax burden to investors and buyers.

Duh?

The income tax that corporations pay is already passed on to buyers and investors in the prices that you pay for products and reductions in dividends.  It is also passed on to employees in the form of lower wages.  When companies nominally move offshore, they become more competitive with their foreign counterparts and are able to offer more competitive prices, higher dividends and better wages for the jobs that, it should be noted, stay here.

But, if the Democrats and Republicans in Congress have their way, those companies and more will be forced to move the bulk of their operations offshore, jobs and all.  Then, the tax burden will really go up, because there will be a lot more people out of work and off the tax rolls, that will have to be supported by those who still have jobs.

Congress can't even balance their own books.  They certainly have no business trying to tell successful companies how to run their business.  It's time that we replace about 3/4 of the pseudo-Republicans in Congress with real Republicans.

Note:  With one exception (Kay Bailey Hutchison), I have personally not voted for a single Republican incumbent (above county level) in GOP primaries, for more than 10 years.  Just for the record, I have no intention of voting for Kay Bailey Hutchison in future primaries.

 

24 posted on 07/31/2002 8:47:16 PM PDT by Action-America
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