Taichiliberal
Shaken, not stirred!
Quote Originally Posted by Taichiliberal View Post
If it weren't so pathetic, it would be fascinating to examine how you IGNORE FACTS in the real world in favor of your own personal revisionist take.
No one said they didn't pay local taxes, I'm talking about the PROFIT the HOME CENTRAL company derives from their foreign branch!
Here stupid, learn something:
Apple’s Move Keeps Profit Out of Reach of Taxes
http://www.nytimes.com/2013/05/03/bu...pagewanted=all
More U.S. Profits Parked Abroad, Saving on Taxes
http://online.wsj.com/news/articles/...48131432634740
Oh, and I stand corrected on one point:
Revenue and profit are often used synonymously, but they mean quite different things in a general business sense and from an accounting perspective. Revenue, or sales, is the money brought into the company through sales of products and services. Profit is actual earnings after you subtract expenses from revenue.
http://yourbusiness.azcentral.com/re...ofit-1647.html
But my original post stands valid.
Again, you're a clueless leftist twit that doesn't know the difference between revenue and profit and can't comprehend the sources you quote.
Any debate about excess Corporate profits is based on ignorance in that corporations do not "pay" taxes. ALL tax costs are passed on to their "customers"; you and me.
The reality is that forcing corporations to pay MORE in taxes is actually a tax increase for EVERYONE. It would be better policy to not require corporations to pay ANY taxes at all. This would increase investment, which would create jobs, which would create MORE taxpayers resulting in MORE revenue.
Then all gains by shareholders and dividends distributed could be taxed at the taxpayers personal rate eliminating double taxation and lowering the costs of goods and services.
But alas, I am debating a clueless dunce stuck on Leftist talking points.
This ignorance based issue with corporate taxation is about as moronic as the income inequality canard. When has income ever been equal in the history of the world? NEVER!
As you can see folks, this idiot just IGNORES anything I post in favor of repeating his own version of reality...which as the chronology of the posts shows, is painfully ignorant of some hard facts. Hell, he even misses the boat on my admission of incorrect definitions regarding revenue and profit....although his own rhetoric acts as if one can exist without the other.

All TD can do is just parrot his proud willful ignorance and revisionism.....facts and logic be damned. Sad.