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Offline mystery-ak

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« on: July 24, 2014, 07:18:10 PM »

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Online massadvj

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« Reply #1 on: July 24, 2014, 07:30:51 PM »
Given the nature and history of this country, which was founded on a tax revolt, aren't the patriots the ones who do everything in their power to AVOID the onerous taxes imposed upon them by a tyrannical despot? 
"She only coughs when she lies."

Offline Carling

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« Reply #2 on: July 24, 2014, 08:08:13 PM »
« Last Edit: July 24, 2014, 08:10:01 PM by Carling »
Trump has created a cult and looks more and more like Hitler every day.
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Offline Bigun

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« Reply #3 on: July 24, 2014, 08:33:31 PM »
Corporations are moving out of the U.S. because it has THE highest corporate income tax rate in the world and now this POS wants to prevent them from leaving!

Offline speekinout

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« Reply #4 on: July 24, 2014, 09:42:26 PM »
Disgusting. Why don't we just outlaw private corporations and make everyone work for the gov't? That's true communism, and we wouldn't have to fuss around with discussing outdated concepts like freedom and the Constitution anymore.

Offline Oceander

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« Reply #5 on: July 24, 2014, 10:33:38 PM »
What a piece of sh*t.

Offline flowers

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« Reply #6 on: July 25, 2014, 02:39:14 PM »
 this must be on his list of things to do before he leaves office I bet.


Online truth_seeker

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« Reply #7 on: July 25, 2014, 02:53:44 PM »
Corporations across the globe have been using tax advantaged jurisdictions for decades.

The Caribbean, the Channel Islands are just a couple examples. The US came relatively late to the game, but come it did.

Taxes can be deferred (not eliminated) if the profit comes from an offshore source, AND if the profit is reinvested offshore.

Build a plant in South Africa, hold some of the profit in a South African company entity, don't send it to the US (repatriation). In this example, the  profit is NOT taxed until it is remitted to the parent, as a dividend of profit.

Similarly, if South Africa had a high tax rate, a different approach would be used; e.g. an entity in a low/no tax jurisdiction, like Bermuda, Jersey (English Channel Islands), etc.

This method is stretched further thusly--the offshore entity does NOT remit a profit dividend to the US parent which would trigger a taxable event, but instead loans the money to the US parent, which does not of itself trigger a taxable event.

When you see a US which owns foreign real estate, it is often from using these tax opportunities. If the previously discussed profits get invested, they remain deferred. So build a regional headquarters overseas.

The issue under discussion by Obama is taking away this ability to defer, not avoid, taxation on foreign source profits. And secondly it involves discussion of reducing the US corporate tax rates.
"God must love the common man, he made so many of them.�  Abe Lincoln

Offline PzLdr

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« Reply #8 on: July 26, 2014, 12:22:25 AM »
The ass clown who wouldn't honor the Flag or the National Anthem talking about Patriotism. That's a bit rich!
Hillary's Self-announced Qualifications: She Stood Up To Putin...She Sits to Pee

Offline Bigun

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« Reply #9 on: July 26, 2014, 02:15:14 PM »
The ass clown who wouldn't honor the Flag or the National Anthem talking about Patriotism. That's a bit rich!

Yeah! Just a bit!  :patriot:

Offline rangerrebew

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« Reply #10 on: July 26, 2014, 04:21:22 PM »
"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
George Washington

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
Benjamin Franklin

Offline Chieftain

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« Reply #11 on: July 26, 2014, 07:52:30 PM »
This is yet another Obama strawman that he has made to take potshots at, and further demonize Republicans, nothing more.

Obama is throwing everything he can at the wall in the diminishing hope something will stick to something besides him.

 :smokin:

Offline rangerrebew

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« Reply #12 on: July 27, 2014, 09:39:33 AM »
What a piece of sh*t.

You shouldn't be so demeaning of sh*t. :silly:
"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
George Washington

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
Benjamin Franklin

Online andy58-in-nh

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« Reply #13 on: July 27, 2014, 09:55:46 AM »
Corporations are moving out of the U.S. because it has THE highest corporate income tax rate in the world and now this POS wants to prevent them from leaving!
Directive 10-289 is almost here.
We are entering revolutionary times. The law is no longer equally applied. The media are the ministry of truth. The Democratic party is a revolutionary force. And it is all getting scary. -VDH


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