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2013-05-10 Economy
Eluding the tax man
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Posted by tipper 2013-05-10 09:40|| || Front Page|| [2 views ]  Top

#1 The bulk of the cash stashed offshore by big corporations is from earnings offshore; they choose to not bring it in to the US, pay taxes on it, then send it back offshore to spend. Companies pay US taxes on US earnings (expect when they engage in some devious and probably illegal accounting tricks to shift costs from offshore to the US to offset US earnings.)
Posted by Glenmore 2013-05-10 09:58||   2013-05-10 09:58|| Front Page Top

#2 You know, Maybe the state should charge for what it does rather than extort from things it doesn't.
Posted by Bright Pebbles 2013-05-10 10:30||   2013-05-10 10:30|| Front Page Top

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