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CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
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[quote:Anonymous Coward 1638035:MV8yMDU3NTIyXzM0NjAyMDg3XzUwM0Y3OEVC] everyone should pay a flat percentage regardless of wealth. if you have nothing you pay nothing. if you have everything you pay for everything. this system we live in has burdened the poor and middle class with an unfair proportion of the tax burden. I as a tax payer have been stuck with the bill to bail out a bunch of corporations like AIG. do I see any profit from that? no. the elite keep all the profits and put all the losses on us. That is why they will be drug out into the street and torn to pieces by furious legions of homeless starving desperate people in the months to come. [/quote]
if company was incoporated in usa then they wont have to pay taxes on profits generated from overseas, in my opinion it doesnt even matter anymore do half of them even pay the required tax rate? some of the big companies dont even pay any taxes. they call it Fix the Debt.
link to www.ombwatch.org
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