To: xuberalles
Actually what it means that, while BK will have to 35% on revenues in the US, it will not have to pay taxes to the Federal government on earnings overseas, that were already taxed!
It is a good move.
Want to bring them back? Enact the Fair Tax and watch business flock back the US.
2 posted on
08/28/2014 1:16:07 PM PDT by
Little Ray
(How did I end up in this hand-basket, and why is it getting sI ao hot?)
To: xuberalles
Even semi-socialist Sweden’s corporate tax rates are aprox. half of USA. Russia has a flat income tax. China has no tax on capital gains. We are the new socialist country.
3 posted on
08/28/2014 1:17:08 PM PDT by
entropy12
(Obummer = worst & laziest president ever, any RINO would be better than this POS.)
To: xuberalles
5 posted on
08/28/2014 1:23:53 PM PDT by
upchuck
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care.)
To: xuberalles
Next we will hear it is unpatriotic of Rush to flee New York’s taxes...
8 posted on
08/28/2014 1:34:10 PM PDT by
a fool in paradise
(ISIS has started up a slave trade in Iraq. Mission accomplshed, Barack, Mission accomplished.)
To: xuberalles
Have it your way, eh.
An utterly sensible move. The best way to stop it will never be considered: lower the corporate tax rate.
13 posted on
08/28/2014 2:32:25 PM PDT by
TBP
(Obama lies, Granny dies.)
To: xuberalles
14 posted on
08/28/2014 2:42:46 PM PDT by
bgill
To: xuberalles
Pay attention, socialists: you’re running out of other people’s money.
To: xuberalles
Excellent vanity, one of the best I’ve ever read.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson