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U.S. Corporations Hide More than $ 1 Trillion!

TheDemSocialist

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Thom Hartmann comments on a piece by Rob Davies in the Guardian in which he reports U.S. corporations have $ 1.4 Trillion hidden in tax havens.


<span style="color: rgb(51, 51, 51); font-family: Roboto, arial, sans-serif; line-height: 17px;">

US corporations hide more than $1 trillion dollars in tax havens. This is more than some countries GDP's! Essentially we are subsidizing corporations. This is ****ing ridiculous. The oligarchy is winning!
 

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[/FONT][/COLOR]<span style="color: rgb(51, 51, 51); font-family: Roboto, arial, sans-serif; line-height: 17px;">

US corporations hide more than $1 trillion dollars in tax havens. This is more than some countries GDP's! Essentially we are subsidizing corporations. This is ****ing ridiculous. The oligarchy is winning!


Do you want some big corporation coming in with their tax free capital and putting all your mom and pop stores out of business?

Tell Mrs. Clinton that you want her to take on offshore accounts.
 

TheDemSocialist

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Do you want some big corporation coming in with their tax free capital and putting all your mom and pop stores out of business?

Tell Mrs. Clinton that you want her to take on offshore accounts.

What?
 

TobyOne

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If you lowered the corp tax rate that money would come back. Actually, corporations shouldn't be taxed. They aren't people as you leftys keep reminding people. When you tax a corporation you're really taxing people. Studies aren't conclusive but many show that the burden of corporate taxation falls on the workers they employ. It won't be until the left stops anthropomorphizing that a serious discussion about taxation and its burden can be had.
 

Henrin

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The government shouldn't be taxing corporations in the first place.
 

TheDemSocialist

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What do you mean what?

Tell Hillary Clinton to take on offshore accounts.

She pays taxes on her millions, why should she want anyone to get away with (tax) free money?

Im sure she uses offshore accounts...
 

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No, they really shouldn't. The government should only be taxing people.

Government shouldn't be taxing people either.

The Government should evenly tax everything that benefits from it's Governance and some things it taxes less because it wants to encourage and some things more to discourage.
 

Henrin

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Government shouldn't be taxing people either.

The Government should evenly tax everything that benefits from it's Governance and some things it taxes less because it wants to encourage and some things more to discourage.

That's a lot of taxes.
 

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Of-course theyre " hiding " their assets ( property )

We have a bunch of leftist in this Nation who think they're entitled to the profits of other peoples labor and succes.

Elect Sanders or HRC and it will only get worse.
 

TobyOne

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How the government taxes isn't the issue. Its a simple fact that 100% of the tax burden falls on people. Not corporations or other entities. You can tax activities or consumption but ultimately people bear the burden. This is what needs to be understood in the "corporations bad, people good" grunts of the left.


No, they really shouldn't. The government should only be taxing people.

Government shouldn't be taxing people either.

The Government should evenly tax everything that benefits from it's Governance and some things it taxes less because it wants to encourage and some things more to discourage.
 

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That's a lot of taxes.

Government should be independently wealthy but it is not.

It's a long way to there and before we get there we're going to have to pay.

You borrow you have to pay.
 

Carjosse

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Government should be independently wealthy but it is not.

It's a long way to there and before we get there we're going to have to pay.

You borrow you have to pay.

How can the government be independently wealthy?
 

Carjosse

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By spending less than it took in it could have savings and make investments.

Where do you think it gets the money in the first place and it does invest, it invests in society. A government is not a business.
 

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[/FONT][/COLOR]<span style="color: rgb(51, 51, 51); font-family: Roboto, arial, sans-serif; line-height: 17px;">

US corporations hide more than $1 trillion dollars in tax havens. This is more than some countries GDP's! Essentially we are subsidizing corporations. This is ****ing ridiculous. The oligarchy is winning!


There just sucking the wealth out of the country. As our cities fall apart, some of these corporations get tax refunds. Once the **** house goes up in flames they will just move to another country.

World wide, some say the the rich are hiding 8 to 24 Trillion dollars
 

TobyOne

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Well lets go find them and git our money! Viva la revolucion, Comrade!


There just sucking the wealth out of the country. As our cities fall apart, some of these corporations get tax refunds. Once the **** house goes up in flames they will just move to another country.

World wide, some say the the rich are hiding 8 to 24 Trillion dollars
 

kjwins

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Where do you think it gets the money in the first place and it does invest, it invests in society. A government is not a business.

It gets the money in the first place by taking it from the people. The gov has been run like a business.. a very poorly run business.. for a long time.
 

Fletch

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Of-course theyre " hiding " their assets ( property )

We have a bunch of leftist in this Nation who think they're entitled to the profits of other peoples labor and succes.

Elect Sanders or HRC and it will only get worse.
Exactly. And of course socialist parasites are outraged by this. They cant survive without confiscating the wealth of others so they shriek in horror when their victims try to escape their thieving clutches
 
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