EU investigates tax rulings on Apple, Starbucks, Fiat

Comments (5)
TomMariner wrote:

First, the facts — lower corporate taxes attract business headquarters and workers and the nation deciding not to punish companies actually collect MORE tax from the increased payrolls.

Second the reality — the US presently has a government that stays in power by throwing business under the bus — and the sucker voters buy it!

So the US now has a war on Europe — the brutal strong-arming has the simple message “stop attracting our companies!”. And the wimpy governments in the EU don’t give the correct response — “Stop taxing and regulating your businesses out of business and they won’t move here!”

Jun 11, 2014 6:40am EDT  --  Report as abuse
blanddragon wrote:

TomMariner. US companies already have the lowest tax rates of any single entity. Your perception is flawed and not supported by the facts. Rates are not what the actually pay.
If ‘high’ corporate taxes in the USA are such a burden:

1.) Why are USA corporate profits at all-time record highs??

2.) Why are corporate cash balances in the USA likewise at record highs??

3.) Why has the stock market reach record highs a few months ago?

I expect that shilling out like you do has a reason.

Jun 11, 2014 7:36am EDT  --  Report as abuse
jdl51 wrote:

“First, the facts — lower corporate taxes attract business headquarters and workers and the nation deciding not to punish companies actually collect MORE tax from the increased payrolls.”

Yeah, right. How many jobs has Apple brought to Ireland or Luxembourg that have generated billions in taxes for those two countries?

Jun 11, 2014 9:37am EDT  --  Report as abuse
jrj906202 wrote:

Whatever these companies do,to keep their earnings out of the hands of the welfare states,is good.Hopefully they continue to do that.

Jun 11, 2014 10:46am EDT  --  Report as abuse
chuck2 wrote:

Perhaps since the companies pay no or little taxes anywhere of any significance, when they are hit with being ripped off by copy right or other proprietary, economic or other issues/infringements the countries they “Legally” do not have to pay taxes, to include USA, simply set out of the situation and let the companies, fat with cash, but their way out. This would also include any conflicts requiring use of forces. Seems only fair and could be set up as “Legal”, as are their taxes.

Jun 11, 2014 12:30pm EDT  --  Report as abuse
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