Occupy Wall Street - Success

[Shiftin]

I'm trying to speak in general terms. If you don't like companies getting incentives for "going green" because it's not economically practical without incentives, that's fine. Personally, I don't either. You don't like the way our tax treaties work? That's cool too. I can dig it. Let's talk about those things like human beings.

How about we talk about a national VAT like every other modern country in the world has at this point? That way, you can greatly reduce the individual and corporate tax rates which are so easily manipulated and have the tax revenues be derived at the point of consumption of a good or service.

No? rather talk about GE and it's specific case that is fun to quote over and over?
You can tax GE 100% of it's worldwide earnings and it wouldn't matter at all in the grand scheme of the budget. Think beyond zero level talking points.

[pickled_heretic]

Originally Posted by Shiftin [You must be logged in to view images. Log in or Register.]

No? rather talk about GE and it's specific case that is fun to quote over and over?
You can tax GE 100% of it's worldwide earnings and it wouldn't matter at all in the grand scheme of the budget. Think beyond zero level talking points.

you think GE is the only firm that is getting away with this? you are wrong... we only know some cases like GE, SC Johnson etc. because they are have corporate offices in states states where their financial information must be made public. legislated tax evasion takes place in virtually every corporation, whether the corporation literally funds the legislative effort itself or simply hires tax lawyers to exploit laws that are already on the books.

you can't trust the legislative process to fix any of this because the legislative process in many cases is what started it. who can you trust? the corporations? when can you ever trust a person to pay more taxes than they are required? our elected officials? nonsense, in many cases they were elected principally via large donations from corporate entities.

there's no purpose to think beyond "zero level talking points" because if the system is flawed on a fundamental level it doesn't matter how much shit you stack on a shitty foundation.