DesideriScuri
Posts: 12225
Joined: 1/18/2012 Status: offline
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quote:
ORIGINAL: kalikshama quote:
It's the ones who don't "truly need" that I take offense to. Erieangel asked me to define, more or less, what I meant by "the truly needy" in my signature. So, I did. I gave a couple examples of those who are not "truly needy" and are getting the benefits others truly need. But what is the percentage of cheats? If they are as rare as voter fraud, let's focus on what really impacts economies - Really?!? So, forget about people gaming the welfare system? Doesn't that just mean less for those who truly need it? And, where did that off-shore money come from? Was it profits made outside the US? Why isn't it in the US? For what reason is it being kept out of the country? And, here is a potential lesson in economics.... quote:
A Sunshine State residence may offer a more favorable tax environment for the investor, who counts Sears, Kmart, AutoZone and Auto Nation among his holdings. Now, there's no guarantee that Lampert moved from CT to FLA (thus the potential lesson), but there is a definite tax advantage there. Can you even fathom a company moving their operations out of the US because of tax structures? GE didn't turn a profit on US operations, but did on their foreign operations. They paid taxes on those profits to the countries in which the profits were made. If they had to shield their foreign profits from the US IRS, can you fathom them moving their HQ out? I can. I'm not even sure it would be all that difficult, either. They could keep their current Corporate HQ and transform it into their US Operations HQ, with their Corporate HQ moving to a country with a more favorable tax situation. Then what would you do? Complain about what? That they left? That would be like you kicking someone in the balls when they come see you and then get pissed when they stop coming to see you. It happens. It will continue to happen. I'm not happy with out-sourcing, but I'm open to the true reasons behind the moves. For people who can't see past the one "little" change to notice how those ripples grow as they go out, taxes are one of those initial "little" changes. Laws will be passed to prevent out-sourcing, and then, the companies will just move out if it's financially smarter and feasible. You wanna talk about subsidies for companies that out-source? Ever heard of GM or Chrysler? GE Financial got stimulus money, too. And, what happened? They spent it over seas. Federally subsidized wind mill farms installed Chinese wind mills. Xunlight spent $2M of their $34.5M Federal tax credit to open a plant in China, that doubled their employee count. At what point do you see government no longer as the great savior of all, and for the dirty organization it truly is (and has been for over a century)?
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What I support: - A Conservative interpretation of the US Constitution
- Personal Responsibility
- Help for the truly needy
- Limited Government
- Consumption Tax (non-profit charities and food exempt)
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