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Actually Ireland's rock bottom low corporate rates were cited as a major contributor to their collapse, by the very EU/IMF that bailed them out.
Battered Ireland Clings to Its Low Taxes - Businessweek
Bailout
You keep not getting your facts right.
Its a nonsensical tax anyways. Why do we need to collect corporate taxes? We already can tax the people in the corporation at the income level. Its stupid.
Its a nonsensical tax anyways. Why do we need to collect corporate taxes? We already can tax the people in the corporation at the income level. Its stupid.
Yep, that's what we need to do to make tax avoidance impossible. Then the corps may as well stay in the US. They won't benefit from spin offs and foreign divisions.
Again, you're missign the point. Corps that can leave have left. Corps that have spun off into tax havens have. They always optimize their tax avoidance. So we're punishing them, and that benefits the corps that haven't left.
This is a non-answer. First off, government cannot be treated as market force because government is not business....it's government. But this is simple, yes? How do you make people not feel like a victim for paying for the things we all use and the technology we enjoy?
If you ain't revolting, you're submitting.
Why does any individual have to pay both income and property tax?
Why does any individual have to pay both income and property tax?
Yeah cause who the **** needs those evil corporations located in the US employing people, let em move their headquarters!
:roll:
Forget shooting yourself in the foot this idea is shooting yourself in the nuts.
Again, I never asked them to provide any services outside of police and courts. I never asked that they do anything towards the internet, electricity, water, welfare, roads, etc. That is all their busy work that I would like it very much if the private sector picked it up completely. As for taxes, I support tariffs, but beyond that I really don't support anything they are doing now.
I'm not submitting if I'm hiding my money.
The better question is how many different forms of taxes do they need?
Excellent excuse to allow criminal behavior without consequences.
And a sales tax and a tax on alcohol, and a tax on gasoline etc.
The answer is because government is a beast and its appetite for wealth to spend and redistribute is insatiable.
what it wants cannot be collected in just one way because the distortative impact in those markerts would be too large. Replace all taxes with an 80% income tax and you have much less work and much more off the books work. You replace everything with a 50% sales tax and you have a massive underground economy and a system without enough domestic consumption. You throw a 60% tax on corporations you have far less investment. And so on.
But at some point, the real question is do we really need to take that dollar away from the pension fund or the sales clerk to give it to that old person or the doctor caring for that sick person or the large farming conglomorate (who pretend their subsidies accrue to "small farmers" when lobbying). Because unlike free markets, where resources are relatively efficiently used, the waste in public spending, the unjust and unnecessary welath transfers that are routine, are absolutely massive.
And we all pay for that.
It's the contract. You either work within the confines of it, or you revolt against it. Contract. You have unlimited right to it, which means you bear responsibility of it.
Nope, then you're just a criminal sponging off the work of others. I doubt you give up access to all the aggregate technologies and advantages we have because we did have a funded government which could support these things unsupportable by private entity. Hell even the internet was spawned from tax dollars. Cell phones? Yes. Medical tech? Yes. Useless tech? Yes. I will allow you to not pay as many taxes as you want, so long as you reap no benefit of government funding in those areas. You actually willing to put your money where your mouth is?
What in the hell are you talking about? What contract? I don't remember social contract involving theft. In fact, I remember protecting against it. Since what you're talking about has nothing to do with that contract I really have no idea what you are referring.
Don't dare tell me that the Internet is a creation of the state. They provided the market with something that didn't even boot and the market in turn had to fix their broken **** to make it work. In any event, I don't care what the government came up and to be frank I don't care if who came up with it. The Internet is unmanageable in its current state due to how illogical the infrastructure is which to a large part was put in place by the government without a care in the world how you manage something so illogical. Of course, the market could very well make that same mistake, but I highly doubt it create the cluster**** the government made.
I don't need to give up anything just because the government did something and now I have it. That is retarded and logically speaking I would have to give my apple phone or anything the private sector did if I decided tomorrow that I hated whoever made it one day. It is my property and I paid for it, so why in the hell would I give it up?
I will avoid whatever taxes I can and I have no plans to give up anything in the process.
Crimes are committed by people, not the ideas they come up with. There I no reason a person could not be punished for a crime committed as a member of a corporation.
We agree but do you see how instead the Corporation paid the fine and the individuals that were facilitating drug crimes were not punished at all.
Don't think I agree and I am by no means a leftist on economic issues. The problem you have is the same problem we had in Canada a while ago with income funds. They essentially were companies with no taxes, but the income flowed through the the owners of units to pay tax on directly.
Works decently well if the ownership of these funds are not in tax deferring vehicles (like IRAs) and they are ALL owned by domestic residents, but as soon as foreign owners pick up big peices of these interests you have massive outflows of earnings that are never taxed win the country where they are earned.
What you can do, though, is tax dividends at less than full income, such that corporate taxes plus dividend taxes translate into approximately what the individual would have paid had the income been earned as partnership income or from wages. Part paid by the firm, part paid by the individual. Some tax determent possible, some reduction in overall govenrment intake, but overall seems to work pretty well. But the corporate rate is too high in the US, while this ridiculous extra-territorial extension of the tax system to patriated forteign earnings is a massive deterrent to inflows of capital earned abroad.
The Constitution. It's the contract between We the People and the government. We may resend it at any time, but not just by bitching on the internet. You'll have to do something.
Ahhh, it makes sense now. You're one of the people who wants free ****.
Why does any individual have to pay both income and property tax?
Crimes are committed by people, not the ideas they come up with. There I no reason a person could not be punished for a crime committed as a member of a corporation.
You're right. They probably should just pay property tax.
Yeah cause who the **** needs those evil corporations located in the US employing people, let em move their headquarters!
:roll:
Forget shooting yourself in the foot this idea is shooting yourself in the nuts.
Psssst: exactly -- who needs them if they don't pay taxes and the hire cheap labor overseas. You're catching on.
Why I should I honor something they refuse to honor? What do you take me for? I'm not a puppet?
All I want is a system that works voluntarily on some level.
You're right. They probably should just pay property tax.
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