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GAO Report: Internal Taxation
1 posted on 01/16/2009 5:06:56 PM PST by BGHater
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To: BGHater
So begins the feeding frenzy of the looters.

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

2 posted on 01/16/2009 5:08:00 PM PST by Lurker ("America is at that awkward stage. " Claire Wolfe, call your office.)
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To: BGHater

Then they’ll just move the whole company offshore, instead of merely moving subsidiaries. Then O and Co. can make it against the law for foreign businesses to come do business in the U.S., and we’ll have solved this pesky business problem once and for all!


3 posted on 01/16/2009 5:10:50 PM PST by squidly
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To: BGHater

Hmmmm....they must have Wrangell as an advisor....


4 posted on 01/16/2009 5:10:55 PM PST by goodnesswins (Tell the truth - GOEBBELIZATION (propaganda) is what many voters suffer from.....)
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To: BGHater

I wonder why they do that...


5 posted on 01/16/2009 5:14:54 PM PST by wastedyears (In Canada, Santa says "Ho Ho, eh?")
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To: BGHater
Ted Kennedy does not pay much federal tax. The family estate is registered off shore to avoid taxes. I suspect that he is one of the lawmakers that made the law.
7 posted on 01/16/2009 5:18:37 PM PST by mountainlion (concerned conservative.)
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To: BGHater

To a smart person, this might indicate that US corporate taxes are “too high”, and they might react by looking at ways in which the tax burden could be reduced in order to make America more globally competitive. But we’re talking about Democrats here, and not about smart people. ‘nuff said...


9 posted on 01/16/2009 5:25:26 PM PST by The Electrician ("Government is the only enterprise in the world which expands in size when its failures increase.")
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To: BGHater

Good for them.


11 posted on 01/16/2009 5:30:33 PM PST by Carley (Remember when we had a real President)
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To: BGHater
"The practice is legal, but Dorgan and Levin are hoping to gain the support of President-elect Barack Obama for legislation that would outlaw it."

Does anyone think PEBO and his incoming crew are going to let a little thing like "legality" stand in their way?

Juan McCain will be the judas goat and get the needed support to get around those bothersome 'legalities.'
13 posted on 01/16/2009 5:36:52 PM PST by Tainan (Where's my FOF Indicator?)
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To: BGHater

If the corporations didn’t want their illegal offshore money exposed, they shouldn’t have taken taxpayer cash.


22 posted on 01/16/2009 7:02:26 PM PST by mysterio
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To: BGHater

And soon they will have off shore corporate headquarters as well. Why stay and get roasted by “THE socialist ONE”?


24 posted on 01/17/2009 4:54:12 AM PST by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: BGHater
Its perfectly legal for US citizens to bank and invest offshore. The proceeds though must still be reported to the IRS for income tax obligation.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

37 posted on 03/28/2009 5:47:45 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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