Overseas corporate tax dodge targeted by U.S. Democrats

Comments (8)
gcf1965 wrote:

Instead of focusing on “curbing” the practice, look at why businesses are using this process. Stop taxing our companies out of competition to support your felonious spending habits!

May 20, 2014 1:03pm EDT  --  Report as abuse

Why does it not surprise me that teabaggers support corporate tax evasion, and make no attempts to hide it? So patriotic!

May 20, 2014 2:49pm EDT  --  Report as abuse
unionwv wrote:

The usual democrat response to a “problem”: Pass a law further restricting liberty.

May 20, 2014 2:51pm EDT  --  Report as abuse
Bighammerman wrote:

If the Democrats stopped spending our hard earned tax dollars on crap we would not be in a bind. Good examples are the ACA website fixes to the tune of billions and the billions Obama spend of alternative energy that all went defunct but the companies did make large campaign contributions to him. There are many, many more but voters don’t appear to care much until they get the bill and then it’s too late. Mr. Levin, you can kiss my butt!

May 20, 2014 5:27pm EDT  --  Report as abuse
4825 wrote:

The headline of this story portrays the liberal mindset on taxes. These companies are participating in a legal function and the headline calls them tax dodgers. The liberal democrats believe that any money made by others is their money to take through taxes because they think they know how to spend your money better than you do. They would tax your last breath if they could figure out how to take it. Vote every liberal democrat out of office every chance you get, I am.

May 20, 2014 9:37pm EDT  --  Report as abuse
carnivalchaos wrote:

Right, vote all the Democrats out so that the Republicans can freely allow unAmerican corporations to avoid paying their taxes. Let the American people pay for our armies that keep corporate shipping lanes open. Let the American people pay for the roads and bridges corporations use to ship their products. Let the American people pay for the power grid that powers corporate computers and machinery. Let the American people pay for the ports where corporations ship their goods. And then let the corporations avoid all of their responsibilities to this country. So, yeah, vote out the Democrats, and let the corporations take over and get away with paying no taxes. As if that’s not enough of a problem here in the US.

May 20, 2014 10:43pm EDT  --  Report as abuse
Bakhtin wrote:

Carnivalchaos… Republicans are basically freeloaders who want it all free of charge. They want to access healthcare without paying, and they want all the benefits of living in an advanced country without paying.

They talk the talk about being patriotic, but when it comes to a simple little thing like helping to pay the bills – on no, no no! Then they do a u-turn, give the USA the finger, and don’t want to do anything for their country.

Yet they expect the USA to do loads of stuff for them….

I despise freeliaders.

May 20, 2014 12:00am EDT  --  Report as abuse
QuietThinker wrote:

The inversion itself should be a taxable event. Treat the U.S. portion of the company as being sold and subject to U.S. tax on the capital gain. Of course, one would need real criminal penalties with real prison time for the fraud of false valuation. Naturally, taxes should immediately become due on all prior tax deferred items, such as sheltered foreign profits, at the time of the taxable event.

May 21, 2014 8:14am EDT  --  Report as abuse
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