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pinko

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Everything posted by pinko

  1. It could also be used for its forensic value and as a potential exhibit in a trial.
  2. Are you suggesting that you want a repeat of the depression era?
  3. I think the threshhold proposed was at the million dollar level.
  4. I think he is fighting off a home invader.
  5. Here is an article on the "Dutch Sandwich" which illustrates some of the methods used by Corporations. http://taxprof.typepad.com/taxprof_blog/2010/10/google-reduced.html Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda. Google’s income shifting -- involving strategies known to lawyers as the “Double Irish” and the “Dutch Sandwich” -- helped reduce its overseas tax rate to 2.4%, the lowest of the top five U.S. technology companies by market capitalization, according to regulatory filings in six countries. “It’s remarkable that Google’s effective rate is that low,” said Martin A. Sullivan, a tax economist who formerly worked for the U.S. Treasury Department. “We know this company operates throughout the world mostly in high-tax countries where the average corporate rate is well over 20%.” The U.S. corporate income-tax rate is 35%. In the U.K., Google’s second-biggest market by revenue, it’s 28%. Google, the owner of the world’s most popular search engine, uses a strategy that has gained favor among such companies as Facebook Inc. and Microsoft Corp. The method takes advantage of Irish tax law to legally shuttle profits into and out of subsidiaries there, largely escaping the country’s 12.5% income tax. The earnings wind up in island havens that levy no corporate income taxes at all. Companies that use the Double Irish arrangement avoid taxes at home and abroad.
  6. Here is a link to an article that may be helpful to you http://www.nytimes.com/2011/06/20/business/20tax.html?pagewanted=1&_r=1 There are many others on the topic.
  7. US Corporations alone were believed to hold a trillion dollars worth of untaxed foreign profits offshore in 2009.
  8. I believe The Washington Post had an article in the online version today.
  9. I expect you to be honest when you describe my position. The method you are using is clearly dishonest.
  10. Then I take it you would agree with the Charles Schumer's proposal to plug tax loopholes.
  11. Tax avoidance is a subsidy. You are now speaking out of both sides of your mouth.
  12. You have taken my quote out of context and your statement is an acknowledgement of that.
  13. Don't be silly. I don't know who you are and what your circumstances are. I don't really care what you do to protect yourself. I don't own a gun and certainly don't live in fear of a home invasion.
  14. So you support corporations avoiding taxes. That seems to suggest you aren't serious about the systemic fiscal issue the USA currently faces.
  15. Your opinion. I am not bound by it though. Far by it for me to tell you how to protect yourself.
  16. You are being silly. Cars are normally used as weapons. Cars are also registered as should guns.
  17. How about plugging tax loopholes and allowing the Bush Tax cuts for the rich to expire?
  18. Of course people rob banks with cars including their own.
  19. How about defining this real reform you describe with details.
  20. Not so. A number of recent incident involve innocent bystanders as you should know if you actually live in the region.
  21. How would you know whether these were all illegal guns? That is pure speculation on your part.
  22. I used to camp in my younger days in areas frequented by bears and didn't have a firearm. I think a gun is a phallic symbol for many of you. The fact of the matter is you don't need guns.
  23. My point being the prevalence of gang violence in the greater Vancouver region. If you live there you should be aware of the widespread violence in the region.
  24. My son lives in the greator Vancouver area so I am familiar with what you are speaking about. What about those Bacon brothers!!!!
  25. The Chinese hold a fair amount of American debt.
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