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Member (Idle past 93 days) Posts: 10333 From: London England Joined: |
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Author | Topic: Corporate Tax Evasion | |||||||||||||||||||||||||||||||||||||||||||
ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined:
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foreveryoung writes:
They did once. They started the USA.
If all the uppity liberal brits leave the island....
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NoNukes Inactive Member
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Let folks like DrAdequate, vimsey, larni, straggler and all the other uppity, know it all brits leave britain and help your bretheren over here in the states I'm pretty sure Dr. A is already here.Under a government which imprisons any unjustly, the true place for a just man is also in prison. Thoreau: Civil Disobedience (1846) The apathy of the people is enough to make every statue leap from its pedestal and hasten the resurrection of the dead. William Lloyd Garrison. If there is no struggle, there is no progress. Those who profess to favor freedom, and deprecate agitation, are men who want crops without plowing up the ground, they want rain without thunder and lightning. Frederick Douglass
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cavediver Member (Idle past 3670 days) Posts: 4129 From: UK Joined:
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Corporate tax evasion has become quite a big issue in the UK. Yep, it has. And I think your article gets right to the heart of the matter here:
Last, and most important, it is obvious that this happens with the active connivance of governments in the Netherlands, Switzerland, Luxembourg, Ireland and Bermuda, at least. Governments (including, maybe, ours) are aligning the interests of states with the interests of corporations to ensure tax is not paid by companies. There are so many ways to come up with a figure of your total profit before tax that the amount of tax owed, certainly for any specific year, is a very loose figure. If there is no "right" figure, then there can't really be any "wrong" figure. And hence the inevitable temptation to reduce that figure as much as possible, without any real moral embarrassment. If you are a multinational, and one country presents you with a much lower tax bill than another, then it seems simple common sense to arrange your company such that you take advantage of those lower tax regions. You are still paying tax, sometimes perhaps not much less than you would if you paid it all in say the UK, but you are still paying a bit less. The issue is that country X sees that tax revenue and not the UK. Obvious solution? One World Government. Simples
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foreveryoung Member (Idle past 610 days) Posts: 921 Joined: |
That's is a shameful dam lie and you know it. That kind of bigotry on your part is why the tea party people absolutely despise people like you no matter what your skin color is.
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foreveryoung Member (Idle past 610 days) Posts: 921 Joined: |
Yes, but who in their right minds want to emigrate to britain when it is full of Dr Adequate types and ruled by the same? Get rid of those A-wipes and their rulers and we will emigrate like gang busters.
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foreveryoung Member (Idle past 610 days) Posts: 921 Joined: |
Straggler writes: So the law is at fault here. Gosh are you suggesting that markets alone won't always result in the best outcome and that appropriate regulation is therefore required? You totally missed it didn't you? That isn't what I am suggesting at all.
Straggler writes: "Simplify" in what way and how will "simplifying" in this manner help the situation? If you simplify the tax code, there are no loopholes that will let you "evade" taxes. BTW, they aren't evading anything. That is why the term is in quotes.
Straggler writes: Which "utopian ideas" would those be? The "utopian idea" that what is good for giant corporations siphoning money out of the economy may not be what is best for the local economy in question? Just take a look at a good dose of the proposed legislation and that that has been put into law in the last 50 years. The utopia that those laws were intended to create is what I am talking about.
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foreveryoung Member (Idle past 610 days) Posts: 921 Joined: |
And on that note, I'm out of here for a few days. I've had just about all I can stand of uppity liberals. You people don't have the slightest cue about humility and think you are better than everyone else who doesn't think like you do as far as the liberal party line goes. You people have such a distorted view of reality, it's very hard to have any common ground whatsoever. If there was a way for you to live on another planet, I wish you and obama and pelosi and reed and all the other leftist leaders around the world would go there.
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Theodoric Member Posts: 9197 From: Northwest, WI, USA Joined: Member Rating: 3.2
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That's is a shameful dam lie and you know it.
What part of his post were you referring to as a lie?
That kind of bigotry on your part is why the tea party people absolutely despise people like you no matter what your skin color is.
What is the bigotry you displayed that causes you to despise him? You are defeating your own argument with posts like this? ReadyWait for it... ABEKnew it wouldn't take him long to jeer this. I see he is jeering every post on the thread. What a loser. Edited by Theodoric, : No reason given.Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness.
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Theodoric Member Posts: 9197 From: Northwest, WI, USA Joined: Member Rating: 3.2
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You people don't have the slightest cue about humility and think you are better than everyone else who doesn't think like you do Lets just let that comment stand on its own. All, I can say is wow. Are there people that are really that so unself-aware?Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness.
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Panda Member (Idle past 3740 days) Posts: 2688 From: UK Joined:
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FEY writes:
Let's hope that those 'A-wipes' stay in the UK then. Get rid of those A-wipes and their rulers and we will emigrate like gang busters."There is no great invention, from fire to flying, which has not been hailed as an insult to some god." J. B. S. Haldane
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Modulous Member Posts: 7801 From: Manchester, UK Joined:
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Yes, but who in their right minds want to emigrate to britain when it is full of Dr Adequate types and ruled by the same? I believe there are about 7 million of them as of 2010. And if our 'tea party' types are to be believed, its a number that's growing wildly out of control. I know facts won't get in the way of your current Hate Week, but I thought there's a chance you might like to know.
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Coragyps Member (Idle past 762 days) Posts: 5553 From: Snyder, Texas, USA Joined:
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Uppity yours, too, FEY!
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Larni Member Posts: 4000 From: Liverpool Joined: |
Strictly speaking it is tax avoidance.
Tax evasion is illegal.The above ontological example models the zero premise to BB theory. It does so by applying the relative uniformity assumption that the alleged zero event eventually ontologically progressed from the compressed alleged sub-microscopic chaos to bloom/expand into all of the present observable order, more than it models the Biblical record evidence for the existence of Jehovah, the maximal Biblical god designer. -Attributed to Buzsaw Message 53 The explain to them any scientific investigation that explains the existence of things qualifies as science and as an explanation-Attributed to Dawn Bertot Message 286 Does a query (thats a question Stile) that uses this physical reality, to look for an answer to its existence and properties become theoretical, considering its deductive conclusions are based against objective verifiable realities.-Attributed to Dawn Bertot Message 134
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Larni Member Posts: 4000 From: Liverpool Joined:
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think you are better than everyone else who doesn't think like you do We think that because we are better. The above ontological example models the zero premise to BB theory. It does so by applying the relative uniformity assumption that the alleged zero event eventually ontologically progressed from the compressed alleged sub-microscopic chaos to bloom/expand into all of the present observable order, more than it models the Biblical record evidence for the existence of Jehovah, the maximal Biblical god designer. -Attributed to Buzsaw Message 53 The explain to them any scientific investigation that explains the existence of things qualifies as science and as an explanation-Attributed to Dawn Bertot Message 286 Does a query (thats a question Stile) that uses this physical reality, to look for an answer to its existence and properties become theoretical, considering its deductive conclusions are based against objective verifiable realities.-Attributed to Dawn Bertot Message 134
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Taq Member Posts: 10077 Joined: Member Rating: 5.1
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Should we tread carefully and treat these multinational companies with special privileges because we desperately need the jobs and economic activity these hugely beneficial multinationals generate? What jobs are they creating by running up the bank accounts of investors? Corporations in the US (and possibly the UK) are sitting on tons of cash right now, but they aren't hiring. If the money is taken as tax, then where does that money go? Back into the economy either through hiring federal employees or work projects. Even sending that money back out as welfare is more helpful to the economy than having that money stagnate in a bank account. At least that is what my limited economic knowledge leads me to suspect.
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