So instead of lowering the onerous burdens on business, we’ll just cut off one of the escape routes.
We are building our own Berlin wall.
Obama would rather see them shut down than move out.
Why pay hundreds of millions of dollars to a government that doesn’t appreciate you and pisses the money away?
So lemme get this straight ... 0bama wants to CUT corporate taxes? I can scarcely believe it.
When you have to build walls - physical or legal - to keep people in, you are running a totalitarian state. Period.
So the way around this would be to sell out to a larger foreign company which would take a controlling interest in the merger. Watch out for the “unintended” consequences. The change could actually increase the sale of US companies to foreign buyers.
These marxists are dying to seize the assets of businesses. This is why they are doing this, and why they are “fining” big businesses obscene amounts.
The goal of communism is to put all the means of production in the hands of the government.
Just how pray tell?
This all ends with barbed wire and walls.
Just when you start to think that Democrats can’t possibly be any more hypocritical than they already are, here comes ‘’Cayman Islands Jack’’ — Treasury Secretary Jack Lew — to urge American businessmen to be more patriotic by keeping their investments in this country.
During Mr. Lew’s Senate hearings on his way to becoming U.S. Secretary of the Treasury, it was revealed — and not denied by Mr. Lew himself — that he not only had invested in a Cayman Islands tax shelter so that he wouldn’t have to patriotically pay taxes like the rest of us, he also oversaw tax-shelter investments as an employee of Citigroup where he advised many clients to be UNpatriotic by also using off-shore tax havens to evade the IRS.
So now, thanks to the Senate Democrats who so enthusiastically led the approval of Mr. Lew’s nomination, we now have a Treasury Secretary with zero moral authority to prevail on American businessmen to keep from moving their investments to countries where taxes are less onerous, partly because their finance ministers are not as corrupt as Mr. Lew and his Democratic enablers in Congress.
Obama’s already destroyed a third of US publicly listed companies. There are still some left he can steal from.
Saw this...
Jack Lew: Decision on executive action on taxes ‘in the very near future’
http://washingtonexaminer.com/jack-lew-decision-on-executive-action-on-taxes-in-the-very-near-future/article/2552991