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To: 1rudeboy

Oh good, you are going to try intellectual honesty for a change.

So do tell, what matters if SKorea puts VAT taxes on US goods when they simply sidestep the US taxes you were mentioning in the first place?


115 posted on 10/28/2011 8:33:48 AM PDT by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: padre35
Silly me, I thought we were talking about free trade. Who knew that protectionists want to reform our corporate tax code first? Oh, wait . . . they only bring it up when their backs are to the wall.

"We need to raise taxes on our corporations! Wait, our corporations try to avoid paying taxes! That's not fair, we need to raise them ever more! But wait, foreign corporations try to avoid paying taxes! Raise theirs even more also!"

118 posted on 10/28/2011 8:38:09 AM PDT by 1rudeboy
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To: padre35; 1rudeboy
The following article is based on one of several studies about corporates taxes in the US and tax havens:

"The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005"
136 posted on 10/29/2011 10:21:08 AM PDT by algernonpj (He who pays the piper . . .)
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