The tan suit police weigh in on Biden's first 100 days

No, Tommie-poo, you showed companies that moved their headquarters--not their operations. Remember, your big bleat was about JOBZ. The jobs these companies provided stayed here.

 

It's a lie that they can't bring home their overseas earnings. They just don't want to. They do indeed owe taxes on ALL their earnings, at the same rate, regardless of where they're earned.

 

But you know what, Tommie-poo? To you, belief is more important than facts. I'm not going to waste any more time exploding your idiotic RepubliQ beliefs.

Edited on Jun 3, 2021 8:04am
Originally posted by: Boilerman

Kevin is arguing against economics 101............with a straight face, mind you.


Boiler: High corporate taxation causes high unemployment.

Kevin: Show me one instance of that in the last fifty years.

Boiler: (silence)

Boiler: High corporate taxation makes companies move overseas.

Kevin: Show me one instance of a large company moving its operations overseas in response to high taxes.

Boiler: (silence)

 

Boiler's "Economics 101" is just the same usual RepubliQ lies, and he chickens out when called upon to defend them.

Once again, Kevin tells us that Economics 101 is a sham.

 

Before retirement, my brother worked for a billion dollar electronics company.  The division that he ran planned to build a low cost off shore location for their lower tech products, and my brother was charged with finding the best location.  He traveled to 8 countries investigating the best place to build a plant.  He told me of the many considerations, including tax ramifications that influenced his decision.  Had Mexico not had law which made exiting a business so punitive (paying employess for many years after the plant was closed).  China won and got 100 new employees and the low tax liabilities influenced this decisions.

 

If Kevin things is unusual, he's a nut.

Edited on Jun 3, 2021 8:33am

No, YOUR undertstanding of economics is a sham.

 

What you were bleating about was the (mythical) loss of jobs when those EEEEVIL Democrats raise taxes and trillions of companies immediately pack their bags and flee overseas. Your little story has nothing to do with that.

Edited on Jun 3, 2021 10:18am

Kevin is stupid enough to believe this businesses don't try to minimize costs.  That's why Kevin's wildly successful business is out of business 

Boilerbaby, stupid lies do nothing to support your idiot position. Every time I prove you wrong, you weasel away from answering the question and resort to lies and insults.

 

Feel free to reply with some more Boiler-shit; I'm done here. You may have the last word if it gets you off. I'm certain you won't be able to resist the temptation---you Trump-licking conservitard moron.

 

 

Edited on Jun 3, 2021 10:38am

Kevin, thousands of years of history proves economics 101.  Business moves away from high costs.  Every increase in costs cause business as a whole to change their model.

Boilerman, there is a record number of fortune 500 companies that pay 0% Federal Income tax.  

 

Is that the correct rate they should pay?    What in your opinion is the correct effective tax rate for corporations to pay the Federal Government?

Originally posted by: PJ Stroh

Boilerman, there is a record number of fortune 500 companies that pay 0% Federal Income tax.  

 

Is that the correct rate they should pay?    What in your opinion is the correct effective tax rate for corporations to pay the Federal Government?


Boiler won't answer that; he'll weasel. You point out that regardless of the nominal tax rate, a great many US corporations pay little or nothing. That's because the Trump tax giveaways included lots and lots of loopholes.

 

Trump's gifts starved the government of $1.9 trillion in revenue. Then the RepubliQ went back to their standard bleating about the deficit and all them DEMMURCATS' wasteful spending. Their hypocrisy is breathtaking.

Let me see if I understand Kevin correctly.  He is steering away from escalating costs in Vegas, yet he claims that business owners don't and won't steer away from increasing taxes.

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