TAX FRAUD

[PostmodernProphet]

it's a shame that the IRS didn't decide that sequestration would impact the payment of Child Tax Credits for people declaring non-related dependents who don't reside in the US.....

 

[Baron Von Esslingen]

it's a shame that the IRS didn't decide that sequestration would impact the payment of Child Tax Credits for people declaring non-related dependents who don't reside in the US.....

Isn't it a shame that the IRS didn't decide that sequestration would impact the tax shelters of millionaires and billionaires who evade taxation by hiding all their money in the Caymans or Switzerland or some other country and then go after them for tax evasion when they magically have more money than they declared on their income tax forms?

Now THAT would be something to behold.... oops. There's no money for nailing rich people in the IRS budget that a Republican House Leadership decided upon. Surprise!

 

[signalmankenneth]

Tax Fraud Indeed?!!

 

[Steelplate]

But that's OK...because they're rich, powerful, and have the Conned-servatives convinced that they do no wrong and don't owe anything back to the country that gave them the Freedom to gain such wealth.... or the everyday people who buy their goods and work in the stores that sell their shit for wages inadequate to live in this country without collecting food stamps.

 

[PostmodernProphet]

Isn't it a shame that the IRS didn't decide that sequestration would impact the tax shelters of millionaires and billionaires who evade taxation by hiding all their money in the Caymans or Switzerland or some other country and then go after them for tax evasion when they magically have more money than they declared on their income tax forms?

Now THAT would be something to behold.... oops. There's no money for nailing rich people in the IRS budget that a Republican House Leadership decided upon. Surprise!

lol dude....if you don't bring money into the US it isn't taxable in the US.......that isn't tax evasion....that's common sense.....

 

[Baron Von Esslingen]

lol dude....if you don't bring money into the US it isn't taxable in the US.......that isn't tax evasion....that's common sense.....

Dude, if you are an American company and you park your money overseas to evade taxes you should never be allowed to bring it back to the USA without paying taxes on it. Eventually, you will wind up taking your company's HQ to somewhere else and when you do you become a foreign company and to do business here you'll pay a higher tax rate. So either way, you'll pay for the infrastructure that allows you to be so wealthy and to make so much money because infrastructure doesn't grow on trees the way that Reagan thought it did. There's your common sense: paying your way and not pawning it off on someone else.

 

[Anti-Party]

sorry, Brainfart.....we haven't had a fucking budget for five years thanks to the nation's liberals......you're barking up the wrong tree......

Name the last Liberal President to pass a budget then name the last Conservative President to pass a budget. After that, focus on excuses.

 

[Anti-Party]

Obama tried to pass the "Anti-Outsourcing Bill of 2010" but like everything the Right voted it down. This bill would have closed loopholes on foreign labor and even local labor that can be treated as foreign labor.

It reminds me of the new ad out that says, "Obama couldn't regulate guns, what a loser" (basically) I'm not an Obama fan but my hatred for ignorance exceeds my hatred for him.

 

[USFREEDOM911]

Dude, if you are an American company and you park your money overseas to evade taxes you should never be allowed to bring it back to the USA without paying taxes on it. Eventually, you will wind up taking your company's HQ to somewhere else and when you do you become a foreign company and to do business here you'll pay a higher tax rate. So either way, you'll pay for the infrastructure that allows you to be so wealthy and to make so much money because infrastructure doesn't grow on trees the way that Reagan thought it did. There's your common sense: paying your way and not pawning it off on someone else.

And what if you're an American Company that made the money, that seems to be the basis for this argument, in another country.
Are you then REQUIRED to bring that money back to the US; because in that case, we need to stop all the money being sent to Mexico by the illegals.

 

[PostmodernProphet]

Dude, if you are an American company and you park your money overseas to evade taxes you should never be allowed to bring it back to the USA without paying taxes on it.

lol dude, you aren't.......bringing it into the country is what triggers US taxation....if you earn money somewhere else you pay taxes somewhere else, not in the US....even if a corporation earns money somewhere else and a dividend is paid to a US shareholder IN the US it is taxable in the US......

corporation A (Mexican), owned by corporation B (US) makes a billion dollars profit.....it pays taxes in Mexico......if it pays no dividends to corporation B, no US taxes are due.......if it uses the billion dollars to build a new plant in Mexico and hire Mexican workers no taxes are ever paid to the US.......

this is why we should allow the money to come back to the US tax free.....otherwise it will only ever be used to build factories and hire employees in Mexico instead of the US....