About bob2356


3 threads
Followed by 0
Following 0
Ignored by 2
Ignoring 0
Ignore bob2356
In United States
Registered Apr 12, 2008

bob2356's most recent comments:

  • On 16 Apr 2014 in Apples's offshore tax shelters, bob2356 said:

    clambo says

    Switzerland's rate is under 10% and they seem to do very well gouging their corporations less than Uncle Sam does

    The US tax rate can't be compared to other countries directly, the US doesn't use the international accounting rules and has much greater deductions. Taxes paid is the only valid measure.

    Yet for all that tax savings something like 30 corporations (all sized) from around the globe a year relocate to Switzerland to save on their taxes. There are 124 US corporations that have relocated to Switzerland total in the last 50 years. Switzerland's global competitive index is 5.60. The US is 5.59.

    In other words for the multi nationals the US tax rate is pretty much a boogey man.

  • On 16 Apr 2014 in Apples's offshore tax shelters, bob2356 said:

    Heraclitusstudent says

    This is the rule for individuals, not for corporations. They arrange to have profits 'recognized' in organizations in countries with low or no taxes. As a result they pay (almost) nothing, neither abroad nor in the US.

    Corporations pay US taxes when the profits come back on shore. If the money stays overseas it doesn't get taxed. It also doesn't get to be dividends for the shareholders, many of whom would be thrilled to get 65% of the apple's cash sitting overseas. Actually it would be more than 65% since there are a bunch of deductions that would be taken.

  • On 16 Apr 2014 in Tell me anything that you hate about Republicans the most., bob2356 said:

    APOCALYPSEFUCKisShostikovitch says

    If W Bush hadn't spent so much time being fucked in the ass by Victor Ashe and shouting MOMMEEEEEEE! he could have done something about the 13th and 19th Amendments. He was simply distracted from being the greatest president in history by an overzealous paramour.

    I think the damage to the fourth amendment more than makes up for his failure to trash any other amendments.

Home   Tips and Tricks   Questions or suggestions? Mail p@patrick.net   Thank you for your kind donations

Page took 125 milliseconds to create.