Zebo
Elite Member
Originally posted by: AmusedOne
Originally posted by: Carbonyl
AmusedOne wrote :
"I'll explain this VERY slowly, Bang. Corporations do not pay taxes. They simply pass the cost on to consumers. It is a consumer tax, nothing more, nothing less. Taxing corporations more will simply make US companies less competitive, put American workers out of work, lower the standard of living and kill the economy. What the fsck do they teach you in school, Bang? What school is it you're going to? I want to make sure my kids go no where near that place."
Of course large corps don't pay taxes and dispite the breaks and direct grants continue to move jobs overseas like At&t did with it's operators pool to India. See this page Text on how you as a small business man can't take advantage of these sweet ass deals the large mutinationals are getting. Pretty slick how you can have 1/3 of your revenue come from US sales and declare almost 100% R&D as a US expense thus wipping out your US tax liabilty. See the IBM example.
AO you really think if Austin builds a facility with all the tax breaks for Dell etc it won't cost more than they'll recieve in income from the jobs created there? Cheack out this artile in TIMEText which tells the story of how these "deals" are always loosers for the local economy and have actually put many locals in the red.
As for the UN I could care less what they think or do It takes The UNITED STATES to actually enforce anything globally and if it's not in our intrest we usually don't.
Don't believe everything you read. My business has recieved some very sweet tax breaks for various reasons, the largest being for locating in economically depressed areas.
And you've got to be kidding me if you actually think tax breaks to entice businesses to local areas are a bad thing. I guess Atlanta and some parts of MS are doing so well because they're great places to live?
Give me a break, Carb, we've been through this before.
Link? I provided links on how LARGE corps with billions in revenue avoided taxes altogether. I know your "economically depressed area tax credit" is so small plus your actually employing people over here and those employees are paying taxes here.
Check out the $29million dollar jobs created in LA
Text Not good and not cool. Yes these deals are loosers and will contiune to be unless we get rid of the corporte handouts and large business corruption in our government.