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originally posted by: StoutBroux
Tell me again now, how great even more squeezing of the large corporations will be for our economy.
originally posted by: neo96
a reply to: buster2010
It appears what some people can't seem to grasp.
A millionaire, A billionaire pays MORE in taxes than everyone else.
Especially when half this country ISN'T paying ANYTHING what so ever.
originally posted by: StoutBroux
a reply to: neo96
The people supporting Bernie Sanders, mostly millennials and low income, can't seem to read past the word "FREE" and they're diving in head first. When they bang their heads on the bottom hitting sharp objects, they'll TRY and pop their peon socialist brains above the debt line but it will be in vain. They're stuck on the bottom with dead weight of debt and even if they never personally benefit from the programs. In fact, if Bernie wins, the people who earn a little bit extra or more will be the supporters of all the free programs.
originally posted by: mOjOm
originally posted by: StoutBroux
Tell me again now, how great even more squeezing of the large corporations will be for our economy.
You're right. Those poor multi billion dollar businesses. How are they supposed to operate under such conditions. I mean they're only billionaires for gods sake, the peasants!!
Maybe if we had zero corporate taxes like these other places they'll find us worthy again. But they already have that elsewhere so we better sweeten the deal. How about we also work for them for free too?? Maybe let the CEO's choose from the workers daughters which ones they'd like as sexual slaves too?? Then to top it off we'll start paying them on top of us working for free. Do you think they'll grace us by letting us work for them then??? We could also bow and praise them as well if that would help. Anything, just as long as they are happy. Because it must be rough being in their shoes and having to pay taxes and all.
originally posted by: StoutBroux
a reply to: buster2010
Here is a list of just SOME of the companies that left the USA in order to escape the US 35% taxes:
(The list is much larger but not all, I am only showing in the last 15 years)
2000 Applied Power Engineering Bermuda Now called Actuant $494 million
2000 Everest Reinsurance Insurance Bermuda $5.6 billion
2000 Seagate Technology Data Storage Cayman Islands $14.4 billion
2000 R&B Falcon Drilling Cayman Islands Acq by Transocean in '00
2001 Global Santa Fe Corp. Offshore Drilling Cayman Islands Acq by Transocean in '07
2001 Foster Wheeler Engineering Bermuda $559 million
2001 Accenture Consulting Bermuda $28.6 billion (FY 2013)
2001 Global Marine Engineering Cayman Islands Acq by Bridgehouse Capital in '04
2002 Noble Corp. Offshore Drilling Cayman Islands $4.2 billion
2002 Cooper Industries Electrical Products Bermuda Acq by Eaton in '12
2002 Nabor Industries Oil and Gas Bermuda $1.6 billion
2002 Weatherford International Oil and Gas Bermuda $15.2 billion
2002 Ingersoll-Rand Industrial Manufacturer Bermuda $12.3 billion
2002 PricewaterhouseCoopers Consulting Consulting Bermuda N/A
2002 Herbalife International Nutrition Cayman Islands $4.8 billion (sales)
2005 Luna Gold Corp Mining Canada $85.3 million
2007 Lincoln Gold Group Mining N/A
2007 Western Goldfields Mining N/A Acq by New Gold in '09
2007 Star Maritime Acquisition Grp Shipping N/A Now Star Bulk $69 million
2007 Argonaut Group Insurance Bermuda $1.4 billion
2007 Fluid Media Networks Music Distribution
2008 Tyco Electronics Industrial Manufacturer Switzerland Now TE Connectivity $3.4 billion (FY '13)
2008 Foster Wheeler Engineering Bermuda $3.3 billion
2008 Covidien Healthcare Ireland $10.2 billion
2008 Patch International Inc Oil and Gas Canada
2008 Arcade Acquisition Group Financial
2008 Energy Infrastructure Acquisition Group Energy
2008 Ascend Acquisition Group Electronics N/A Acq by Kitara Media in '13
2008 ENSCO International Oil and Gas United Kingdom $4.9 billion
2009 Tim Hortons Inc Restaurant Chain Canada $3.2 billion
2009 Hungarian Telephone & Cable Corp. Telecommunications Denmark $219 million
2009 Alpha Security Group Security N/A
2009 Alyst Acquisition Group Financial N/A Acq by China Networks Media in '09
2009 2020 ChinaCap Acquirco Financial N/A Acq by Exceed Co. in '09
2009 Ideation Acquisition Grp Private Equity N/A Acq by SearchMedia in '09
2009 InterAmerican Acquisition Grp Business Management N/A Acq by Sing Kung Ltd in '09
2009 Vantage Energy Services Offshore Drilling Cayman Islands $732 million
2009 Plastinum Polymer Tech Corp. Industrial Manufacturer
2010 Valient Biovail Pharmaceuticals Canada $5.7 billion
2010 Pride International Offshore Drilling United Kindom Acq by Ensco in '11
2010 Global Indemnity Insurance Ireland $319 billion
2011 Alkermes, Inc. Biopharmaceutical Ireland $575 million
2011 TE Connectivity Industrial Manufacturer Switzerland $13.3 billion
2011 Pentair Water Filtration Switzerland $7.5 billion
2012 Rowan Companies Oil Well Drilling United Kindom $1.5 billion
2012 AON Insurance United Kindom $11.8 billion
2012 Tronox Inc Chemical Australia $1.9 billion
2012 Jazz Pharmaceuticals / Azur Pharma Pharmaceuticals Ireland $872 million
2012 D.E. Master Blenders Coffee Netherlands $3.5 billion
2012 Stratasys Printer Manufacturer Israel $486.7 million
2012 Eaton/Cooper Power Management Ireland $22 billion
2012 Endo Health Solutions Pharmaceuticals Ireland $2.6 billion
2013 Liberty Global PLC Cable Company United Kindom $17.3 billion
2013 Actavis / Warner Chilcott Pharmaceuticals Ireland $8.7 billion
2013 Perrigo/Elan Pharmaceuticals Ireland $3.5 billion (FY 2013)
2013 Cadence Pharmaceuticals Pharmaceuticals Ireland $110 million
2014 Mallinckrodt Pharmaceuticals Pharmaceuticals Ireland $2.2 billion
2014 Chiquita Brands Produce Ireland $3 billion
2014 Medtronic Pharmaceuticals Ireland $16.5 billion
SOURCE: Source: Ways and Means Committee Democrats. GRAPHIC: Danielle Douglas - The Washington Post. Published Aug. 6, 2014.
The year they left, the company, where they relocated and their worth.
Tell me again now, how great even more squeezing of the large corporations will be for our economy.
originally posted by: ANNED
I like bernie's free collage idea. when the students get there degrees and start making over $200,000 a year they will find the collage degree was not free and they will have a hidden student loan as a high income tax payer.
remember TNSTAAFL
en.wikipedia.org...'t_no_such_thing_as_a_free_lunch
originally posted by: EmmanuelGoldstein
originally posted by: StoutBroux
a reply to: neo96
The people supporting Bernie Sanders, mostly millennials and low income, can't seem to read past the word "FREE" and they're diving in head first. When they bang their heads on the bottom hitting sharp objects, they'll TRY and pop their peon socialist brains above the debt line but it will be in vain. They're stuck on the bottom with dead weight of debt and even if they never personally benefit from the programs. In fact, if Bernie wins, the people who earn a little bit extra or more will be the supporters of all the free programs.
Exactly, duh. How does this not sound fair to you?
I've spent the 90's and 00's being "rich" and living in two high tax cities, LA and NYC. I paid tons more money in federal, state and city taxes than my friends and family that lived elsewhere in America. Guess what? At the end of the day, I barely noticed. You know why? Because I had everything that I wanted and needed.
By choice I put myself into a self declared exile from society (I'm an artist, long story) and now for the past two years I live in the back woods of Appalachia. I no long make the money but I am a million times happier with my life. Anyways, I see first hand how f'ed up our system is.
One day, when I decide to make money again, I will gladly pay an increase in taxes to support the common good of all Americans.