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| 30. |
Re: Digital Chart Initiative Losing Steam |
Apr 21, 2011, 16:43 |
Tumbler |
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It's an incorrect statistic that tends to be based on an incorrect understanding of tax code and a failure to look at corporate 10Ks, but I'll play along. You know what doesn't create new jobs? Cutting taxes on the rich, as they're here and not going anywhere. You know what preserves jobs? Cutting taxes on corporations, as a significant amount went overseas to avoid our taxes. Taxing corporations heavily is stupid, in old days it caused them to move over state lines. In modern, more global times it causes them to cross international borders. I wasn't trying to use the comment as a football and kick it around. It's a simple fact that seems like a good reason to be involved in how the tax system works. It doesn't take long to explain why this statistic doesn't necessarily mean what people think it means but they'd understand that if they could go look at why a company paid not taxes. Not unlike how people may not understand that some Americans pay no federal income taxes. It's not that they are not paying taxes, far from it, in order to offset your federal tax burden that means you are paying a @#$%@#% load of local taxes that exempt that income from federal.
Let the revenues flow through the companies mostly unhindered and instead tax them as the go down to the individual. A lot of revenue tends to disappear suspiciously during the process and things are shifted overseas to avoid taxes. Why would you pay yourself 50 million here and let it get taxed at 50% or more (assuming it's a "bonus") when you can spend that money on buying something at another company you own (overseas) and just "overpay" for that item by approx $50 million. Coffee cup from the Cayman Islands, $50,000,002.50. Then pay yourself from that company to a tax friendly bank. You'll lose some money in the process but ultimately make far more than paying taxes here. (And yes I realize it's not this easy)
I think you are discounting how easily keeping this process private will allow people to avoid taxes that should be paid here. If tax returns were public you'd have way more people looking over the expenses like this and hopefully detect this kind of thing. |
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VGfive.com - Game Trading site (Steam codes too!) Kickstarter "Game Developer"! |
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Date |
Subject |
Author |
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1. |
Apr 21, 10:37 |
Re: Digital Chart Initiative Losing Steam |
Zptr |
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2. |
Apr 21, 10:42 |
Re: Digital Chart Initiative Losing Steam |
StingingVelvet |
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3. |
Apr 21, 10:49 |
Re: Digital Chart Initiative Losing Steam |
Verno |
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4. |
Apr 21, 10:51 |
Re: Digital Chart Initiative Losing Steam |
mch |
| |
5. |
Apr 21, 11:24 |
Re: Digital Chart Initiative Losing Steam |
bhcompy |
| |
6. |
Apr 21, 11:32 |
Re: Digital Chart Initiative Losing Steam |
Quicksilver |
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7. |
Apr 21, 11:37 |
Re: Digital Chart Initiative Losing Steam |
Verno |
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8. |
Apr 21, 11:54 |
Re: Digital Chart Initiative Losing Steam |
Prez |
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9. |
Apr 21, 12:20 |
Re: Digital Chart Initiative Losing Steam |
Jerykk |
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10. |
Apr 21, 12:41 |
Re: Digital Chart Initiative Losing Steam |
FloorPie |
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11. |
Apr 21, 12:42 |
Re: Digital Chart Initiative Losing Steam |
Dev |
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12. |
Apr 21, 13:07 |
Re: Digital Chart Initiative Losing Steam |
Bhruic |
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13. |
Apr 21, 13:26 |
Re: Digital Chart Initiative Losing Steam |
Ray Marden |
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14. |
Apr 21, 13:31 |
Re: Digital Chart Initiative Losing Steam |
Tumbler |
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18. |
Apr 21, 14:25 |
Re: Digital Chart Initiative Losing Steam |
necrosis |
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19. |
Apr 21, 15:03 |
Re: Digital Chart Initiative Losing Steam |
Tumbler |
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15. |
Apr 21, 13:43 |
Re: Digital Chart Initiative Losing Steam |
Verno |
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17. |
Apr 21, 14:02 |
Re: Digital Chart Initiative Losing Steam |
Tumbler |
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28. |
Apr 21, 16:16 |
Re: Digital Chart Initiative Losing Steam |
Krovven |
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41. |
Apr 21, 18:10 |
Re: Digital Chart Initiative Losing Steam |
DG |
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42. |
Apr 21, 19:46 |
Re: Digital Chart Initiative Losing Steam |
Dev |
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44. |
Apr 21, 20:06 |
Re: Digital Chart Initiative Losing Steam |
Sepharo |
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45. |
Apr 21, 20:26 |
Re: Digital Chart Initiative Losing Steam |
Dev |
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16. |
Apr 21, 13:58 |
Re: Digital Chart Initiative Losing Steam |
saluk |
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20. |
Apr 21, 15:06 |
Re: Digital Chart Initiative Losing Steam |
Verno |
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22. |
Apr 21, 15:25 |
Re: Digital Chart Initiative Losing Steam |
Beamer |
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21. |
Apr 21, 15:14 |
Re: Digital Chart Initiative Losing Steam |
Verno |
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25. |
Apr 21, 15:54 |
Re: Digital Chart Initiative Losing Steam |
kanniballl |
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23. |
Apr 21, 15:26 |
Re: Digital Chart Initiative Losing Steam |
Verno |
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24. |
Apr 21, 15:36 |
Re: Digital Chart Initiative Losing Steam |
Beamer |
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26. |
Apr 21, 16:05 |
Re: Digital Chart Initiative Losing Steam |
Tumbler |
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27. |
Apr 21, 16:14 |
Re: Digital Chart Initiative Losing Steam |
Beamer |
| >> |
30. |
Apr 21, 16:43 |
Re: Digital Chart Initiative Losing Steam |
Tumbler |
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32. |
Apr 21, 16:51 |
Re: Digital Chart Initiative Losing Steam |
Krovven |
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36. |
Apr 21, 17:00 |
Re: Digital Chart Initiative Losing Steam |
Tumbler |
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40. |
Apr 21, 17:52 |
Re: Digital Chart Initiative Losing Steam |
Krovven |
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29. |
Apr 21, 16:16 |
Re: Digital Chart Initiative Losing Steam |
Verno |
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31. |
Apr 21, 16:51 |
Re: Digital Chart Initiative Losing Steam |
ASeven |
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33. |
Apr 21, 16:54 |
Re: Digital Chart Initiative Losing Steam |
Krovven |
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34. |
Apr 21, 16:56 |
Re: Digital Chart Initiative Losing Steam |
ASeven |
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38. |
Apr 21, 17:31 |
Re: Digital Chart Initiative Losing Steam |
Krovven |
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35. |
Apr 21, 16:57 |
Re: Digital Chart Initiative Losing Steam |
Krovven |
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37. |
Apr 21, 17:02 |
Re: Digital Chart Initiative Losing Steam |
ASeven |
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39. |
Apr 21, 17:51 |
Re: Digital Chart Initiative Losing Steam |
ASJD |
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43. |
Apr 21, 19:58 |
Re: Digital Chart Initiative Losing Steam |
Dades |
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48. |
Apr 22, 10:21 |
Re: Digital Chart Initiative Losing Steam |
DG |
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49. |
Apr 22, 11:36 |
Re: Digital Chart Initiative Losing Steam |
Dades |
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46. |
Apr 22, 00:17 |
Re: Digital Chart Initiative Losing Steam |
Veterator |
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47. |
Apr 22, 07:21 |
Re: Digital Chart Initiative Losing Steam |
Dev |
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