Replies

They are passing the tax burden to investors and buyers.

Duh?

The income tax that corporations pay is already passed on to buyers and investors in the prices that you pay for products and reductions in dividends. It is also passed on to employees in the form of lower wages. When companies nominally move offshore, they become more competitive with their foreign counterparts and are able to offer more competitive prices, higher dividends and better wages for the jobs that, it should be noted, stay here.

But, if the Democrats and Republicans in Congress have their way, those companies and more will be forced to move the bulk of their operations offshore, jobs and all. Then, the tax burden will really go up, because there will be a lot more people out of work and off the tax rolls, that will have to be supported by those who still have jobs.

Congress can't even balance their own books. They certainly have no business trying to tell successful companies how to run their business. It's time that we replace about 3/4 of the pseudo-Republicans in Congress with real Republicans.

Note: With one exception (Kay Bailey Hutchison), I have personally not voted for a single Republican incumbent (above county level) in GOP primaries, for more than 10 years. Just for the record, I have no intention of voting for Kay Bailey Hutchison in future primaries.

Pardon me A-A that is lamest excuse I ever heard!

If an American Company moves off-shore to be more competitive as an US compampny defies logic. The fact they do it to avoid tax US taxes is almost treasonous.

As investor you will pay some Capital gains tax. As worker in those companies you pay an income tax. That all goes in to the coffers to pay for what we demand as tax payers.

Honestly that could be guns or butter, you decide!

So if we pay at the counter or we pay at at April 15th that's ok with you?

My own personal exerience is at the last investment bank where I worked before the lay off. I had a 2 millions infrastructure that project that got canceled. Subsequently they laid of several hundred people: co-workers. Well I made the second round with a few more co-workers. Guess what? The CEO is in a law suit for getting 18 million more than the parent company thought he should get. Well that could of kept a few of us at work.

I hope he gets the shit taxed out him right now!!!!!