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CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs

 
mrmuffins69
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11/20/2012 12:41 AM

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CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
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]

Last Edited by mrmuffins69 on 11/20/2012 01:02 AM
mrmuffins69 (OP)
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11/20/2012 12:46 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
bump this thread so people can see, this shit is unbelievable
mrmuffins69 (OP)
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11/20/2012 12:48 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
The Fix the Debt campaign has raised $60 million and recruited more than 80 CEOs of America's most powerful corporations to lobby for a debt deal that would reduce corporate taxes and shift costs onto the poor and elderly.
mrmuffins69 (OP)
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11/20/2012 12:54 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
here is the kicker, President Obama sat down with a group of CEOs on Wednesday (Nov. 14) to talk over the solutions for avoiding the so-called "fiscal cliff." Fix the Debt campaign CEOs have said they would trade in their upper-income Bush tax cuts for a territorial system. But this shouldn't be surprising because "if their companies save billions in tax dollars, corporate profits will soar – and CEO pay will skyrocket too," more than offsetting the increase in their personal income taxes.
mrmuffins69 (OP)
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11/20/2012 01:13 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
[link to www.fixthedebt.org]

look who is backing it

verizon, GE, boeing paid ZERO dollars in taxes

[link to prospect.org]
Anonymous Coward
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11/20/2012 01:23 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
bump
Anonymous Coward
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11/20/2012 01:30 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
The Fix the Debt campaign has raised $60 million and recruited more than 80 CEOs of America's most powerful corporations to lobby for a debt deal that would reduce corporate taxes and shift costs onto the poor and elderly.
 Quoting: mrmuffins69


Indeed!

And did you know that currently $20 Billion MORE is spent in direct subsidies and tax breaks to U.S. Corporations then is spent on aid to families, food, house, financial aid, and all direct public assistance (not including Medicare and Social Security).

These CEOs, these corporations are the leaches of our society!!!
Anonymous Coward
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11/20/2012 01:41 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
"People who dismiss the unemployed and dependent as “parasites” fail to understand economics and parasitism. A successful parasite is one that is not recognized by it’s host, one that can make it’s host work for it without appearing as a burden. Such is the ruling class in a capitalist society." - Jason Read
Anonymous Coward
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11/20/2012 01:44 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
What did you think would happen.. Have you learned nothing? Rich can take thier money and leave. We need them.. they dont need us. I dont care how much the rich make as long as I make a good living.
mrmuffins69 (OP)
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11/20/2012 01:45 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
What did you think would happen.. Have you learned nothing? Rich can take thier money and leave. We need them.. they dont need us. I dont care how much the rich make as long as I make a good living.
 Quoting: Anonymous Coward 2549094


you got some white stuff around your mouth
Anonymous Coward
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11/20/2012 01:47 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
The Fix the Debt campaign has raised $60 million and recruited more than 80 CEOs of America's most powerful corporations to lobby for a debt deal that would reduce corporate taxes and shift costs onto the poor and elderly.
 Quoting: mrmuffins69


Indeed!

And did you know that currently $20 Billion MORE is spent in direct subsidies and tax breaks to U.S. Corporations then is spent on aid to families, food, house, financial aid, and all direct public assistance (not including Medicare and Social Security).

These CEOs, these corporations are the leaches of our society!!!
 Quoting: Anonymous Coward 3910757


WITHOUT THOSE LEACHES... YOU AND YOUR WHOLE FAMILY WOULD STARVE TO DEATH OR DIE FROM THE ELEMENTS. Take a look at history before the industrial revolution.. We have it so much better than they did BECAUSE of the people that you considder leaches.
Anonymous Coward
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11/20/2012 01:53 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
What did you think would happen.. Have you learned nothing? Rich can take thier money and leave. We need them.. they dont need us. I dont care how much the rich make as long as I make a good living.
 Quoting: Anonymous Coward 2549094


you got some white stuff around your mouth
 Quoting: mrmuffins69


clappa
Anonymous Coward
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11/20/2012 01:54 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
The Fix the Debt campaign has raised $60 million and recruited more than 80 CEOs of America's most powerful corporations to lobby for a debt deal that would reduce corporate taxes and shift costs onto the poor and elderly.
 Quoting: mrmuffins69


Indeed!

And did you know that currently $20 Billion MORE is spent in direct subsidies and tax breaks to U.S. Corporations then is spent on aid to families, food, house, financial aid, and all direct public assistance (not including Medicare and Social Security).

These CEOs, these corporations are the leaches of our society!!!
 Quoting: Anonymous Coward 3910757


WITHOUT THOSE LEACHES... YOU AND YOUR WHOLE FAMILY WOULD STARVE TO DEATH OR DIE FROM THE ELEMENTS. Take a look at history before the industrial revolution.. We have it so much better than they did BECAUSE of the people that you considder leaches.
 Quoting: Anonymous Coward 2549094


Get off your knees you Koch Sucker!

I say be gone with them all!

We do NOT need these LEACHES! WE never neeed them. It's time for them to FUCK OFF!
mrmuffins69 (OP)
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11/20/2012 02:02 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
we need them? yes we do need them...
- to pay taxes
-to stop bribing incompetent officials in order to further their agenda i mean lobbying washington to meet the companies needs
i could go all day but im tired its 2am im sure others will add to the list
Anonymous Coward
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11/20/2012 02:07 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
we need them? yes we do need them...
- to pay taxes
-to stop bribing incompetent officials in order to further their agenda i mean lobbying washington to meet the companies needs
i could go all day but im tired its 2am im sure others will add to the list
 Quoting: mrmuffins69


clappa

-stop polluting our earth
-stop trying to buy their way out of being held accountable
-stop the bullshit that "Global Warming is a Lie" to get ignorant people to fight the fight so again they are not held accountable
-etc.
mrmuffins69 (OP)
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11/20/2012 02:17 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
we need them? yes we do need them...
- to pay taxes
-to stop bribing incompetent officials in order to further their agenda i mean lobbying washington to meet the companies needs
i could go all day but im tired its 2am im sure others will add to the list
 Quoting: mrmuffins69


clappa

-stop polluting our earth
-stop trying to buy their way out of being held accountable
-stop the bullshit that "Global Warming is a Lie" to get ignorant people to fight the fight so again they are not held accountable
-etc.
 Quoting: Anonymous Coward 3910757


-endless wars
-poisoning of food supply (GMOs), water (waste from factories, air(radiation from nuke tests, nuclear plant disasters) ever wonder why cancer rates jumped around the 40s n 50s?
-putting profit over human life...more like all life
-elimination of competition (mainly small business) through unfair business practices

Last Edited by mrmuffins69 on 11/20/2012 02:18 AM
Anonymous Coward
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11/20/2012 02:21 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
we need them? yes we do need them...
- to pay taxes
-to stop bribing incompetent officials in order to further their agenda i mean lobbying washington to meet the companies needs
i could go all day but im tired its 2am im sure others will add to the list
 Quoting: mrmuffins69


clappa

-stop polluting our earth
-stop trying to buy their way out of being held accountable
-stop the bullshit that "Global Warming is a Lie" to get ignorant people to fight the fight so again they are not held accountable
-etc.
 Quoting: Anonymous Coward 3910757


-endless wars
-poisoning of food supply (GMOs), water (waste from factories, air(radiation from nuke tests, nuclear plant disasters) ever wonder why cancer rates jumped around the 40s n 50s?
-putting profit over human life...more like all life
-elimination of competition (mainly small business) through unfair business practices
 Quoting: mrmuffins69



clappa
mrmuffins69 (OP)
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11/20/2012 02:26 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
to the shill who gave me red karma, bush tax cuts n lawyers helped the elites out of paying high income taxes and like i said before top companies do not pay a dime in taxes, small businesses and middle class are the ones left with the check. before you say they donate to charities look closely at these charities, follow the money and see where most of the cash really goes.
Anonymous Coward
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11/20/2012 03:10 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
we need to clean house. death to all corrupt bastards.

nuke the banks and topple all monopolistic corporations and exterminate the fake media.
Anonymous Coward
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11/20/2012 03:42 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
"People who dismiss the unemployed and dependent as “parasites” fail to understand economics and parasitism. A successful parasite is one that is not recognized by it’s host, one that can make it’s host work for it without appearing as a burden. Such is the ruling class in a capitalist society." - Jason Read
 Quoting: Anonymous Coward 3910757


Sooner or later though parasites make you sick.
SevenThunders

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11/20/2012 03:42 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
I have bad news for those caught up in the politics of envy and Marxist class warfare. There is a proven strong negative correlation between high marginal tax rates and government income.

That is when governments raise taxes on the highest income folks our revenues actually go down. This probably in part because the rich know how to avoid taxes and are quite willing to pull their funds out of high tax countries.

[link to www.forbes.com]

[link to blogs-images.forbes.com]

I make no judgment about the character or worthiness of the rich to receive their wealth. In fact one quote I've heard is, "you can tell what God thinks about the rich by looking at who He has entrusted wealth to.".

Nevertheless, the cognitive dissonance any statist must face is the fact that in order to increase government coffers, so that you can squander taxes on government programs, requires the unpleasant policy of letting the rich 'keep' their money.

One way to think of it, is to ask yourself, what is a tax rate that you are willing to pay without giving much of a second thought to how you do your business? A good example of this is a bridge toll. If that toll was $100, would you find another route? You probably would and the rich do the same with where their wealth is deposited.

If the toll is only 50 cents you wouldn't think twice about crossing the bridge, and in fact the bridge collects more money in that scenario.

Last Edited by SevenThunders on 11/20/2012 03:45 AM
Anonymous Coward
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11/20/2012 03:51 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
"People who dismiss the unemployed and dependent as “parasites” fail to understand economics and parasitism. A successful parasite is one that is not recognized by it’s host, one that can make it’s host work for it without appearing as a burden. Such is the ruling class in a capitalist society." - Jason Read
 Quoting: Anonymous Coward 3910757


Sooner or later though parasites make you sick.
 Quoting: Anonymous Coward 25664589


Destroying their host from the inside out.
Anonymous Coward
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11/20/2012 04:07 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
to the shill who gave me red karma, bush tax cuts n lawyers helped the elites out of paying high income taxes and like i said before top companies do not pay a dime in taxes, small businesses and middle class are the ones left with the check. before you say they donate to charities look closely at these charities, follow the money and see where most of the cash really goes.
 Quoting: mrmuffins69


Wether you like it or not, this has been the status quo throughout history. The rules of wealth creation will change as the systems do aka 'socialism' or 'communism' but it never stops. Different levels of 'bribery' now more formally called 'lobbying' is simply enacted. In other words - these rich CEO's are able to survive in this current system - while you are not.

Any system that tried to deviate from the Pareto Principle has been met with failure, poverty, defeat, and misery. The most damaging thing that could happen is these CEO have to pay their taxes and as a result pull out of the United States Entirely.

The real issue you should be fighting for is LESS government services and LESS taxes. Fight for your freedom to live as the CEO's do, then go out there and compete.

Don't attack the CEO's because their better at this than you are.
Anonymous Coward
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11/20/2012 04:24 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
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.
Anonymous Coward
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11/20/2012 04:31 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
Most big american companies dont pay any tax for the profit they make over here.
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11/20/2012 04:41 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
the answer:

Thread: SAY NO TO PAYING TAXES ON ITEMS MADE IN CHINA
Anonymous Coward
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11/20/2012 05:36 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
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]
 Quoting: mrmuffins69


That's PURE BULLSHIT PROPAGANDA. naughty

They still have to pay the taxes from the country where the profits were generated....and many UK countries have STEEP taxes.
Anonymous Coward
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11/20/2012 06:03 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
It will be hilarious when america defaults and all those assets are confiscated as collateral by local parasites.
Shogu666

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11/20/2012 06:04 AM
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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
What did you think would happen.. Have you learned nothing? Rich can take thier money and leave. We need them.. they dont need us. I dont care how much the rich make as long as I make a good living.
 Quoting: Anonymous Coward 2549094


you got some white stuff around your mouth
 Quoting: mrmuffins69


It is probably fluoride-less toothpaste.
samanthasunflower

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11/20/2012 06:07 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
I'm never in favor of double taxation. If they make money in Framce, they have to pay France taxes on it. Then when the money's shipped back to the US, they have to pay taxes on it again.

Most countries don't do this to companies, which is why many companies are leaving the US. They are taking their headquarters and all the jobs and spending that goes with it, and moving to places that don't demand double taxation.

Your desire to punish companies is harming America.
Mr. Predictor
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11/20/2012 06:31 AM

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Re: CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
Wake up sheeple, business tax is a value added sales tax that is passed on to the consumer
6473madburger

"The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries." - Winston Churchill

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