Apple's calls for repatriation tax holiday gain no traction with White House
- Thread starter RockX
- Start date
No answers I see. Thanks for defending more tax breaks for the wealthy.
Again, asking questions does not amount to a defense.
Here you're saying that you could not possibly think of a way to only repatriate the money if it were spent towards job creation or research?
I think you are being disingenuous in your argument, and an incredibly weak argument it is as you have failed to address any of the questions I have asked and instead tried to answer questions with questions.
I'll list them again:
1. Would this change the reality of the very real disincentive that keeps the money from being invested in the US?
2. Does the money remaining where it is at change that picture at all?
3. How is it better in any way for the US to insist that the money stays where it is?
4. What do you think would be better for the US, a program that allows a tax "holiday" if the money is spent towards job creation, or a stubborn refusal to provide any incentive for them to invest the money in the US?
5. Do you believe that there is any incentive for them to bring the money back to the US, or that it might be good policy to have free (not paid for by government debt) jobs investment at this time?
6. Do you believe I would be against changing the tax laws to give incentive to keep the money here to begin with? That's a silly assumption, can you tell me where it is based?
If you answer some of these six questions rather than just keep repeating that I am defending something we might be able to hold a conversation. If not, you are simply creating a straw man based on assumption and foolishness.
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The Almighty
You do understand that if you maintain the status quo... you get... nothing?
The corporate tax is highly regressive taxation.
Again... using your own common sense... which of the four groups below do you think are going to get stuck with corporate taxes?
1) Executives of companies via reduced salaries/bene's
2) Shareholders of companies via reduced dividends/cap gains
3) Other employees of companies via reduced salaries/bene's
4) Consumers of the goods/services
Which do you think the executives are most likely to stick with the tax bill if given the choice?
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The Almighty
You mean like... reducing the corporate tax rate?
It's not just iTunes. Apple treats all their customers like they are fodder, overseas employees too. However, it isn't just Apple that might be given this incentive. I think we could direct repatriation to enhance stimulus and create jobs. We just have to get past the "personality" of the companies.
I know; I was just bitching about Apple. I think they're treatment of iTunes is horrible.
They make great technology, but I really don't like them as a company.
You do understand that the last time this happened I got nothing right? Why is this time going to be different?
This is the same bullshit as the GOP' only economic policy being to cut taxes, to increase jobs. Didn't work last time, will not work this time.
The problem that I see is your total incapacity to see any way to give incentive for the company to spend it on job creation or research. I think you should stick with this stance and make it part of the democrat platform for this election.
The "We Can't Figure Out How To Give Incentive For Jobs Creation Because Companies Are Bad" position will serve you well. Add to that the pipeline, the meager amount of jobs created for the amount spent and you have a real winning platform.
1.If they had a good reason to invest here, they would take the tax hit and invest, seeing as how they could then right off the investments, hence your premise is bullshit. This is about repatriating profits for disbursement.
2. Like I said , it is profits. If they were to sell their offshore assets to then invest here, it would be different, but that is not what's going on.
3.NO ONE IS INSISTING ANY SUCH THING. tHEY ARE MORE THAN WELCOME TO PAY THE TAXES DUE AND DO WHATEVER THEY PLEASE WITH THEIR MONEY.
4.Stupid question doesn't deserve to be answered.
5.Again, belittling question doesn't deserve answer.
6.Are you? No stupider than #s 4 and 5.
Now, I answered your questions, what of mine?
Now you are a liar.
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The Almighty
I friggin hate the crap they pull with Itunes. My ipod, my ltunes library, yet I can't log on and sync the two from any computer... and you have to buy other peoples software to sync the two if somehow the almighty Itunes decides that they aren't allowed to sync any more.
Absolute utter nonsense. Research and development as well as job creation can be done in the nations where the money already rests without tax hits. It is incentive for them to bring it here, as well as to keep it here, that would be wise.
Yet giving them no incentive to do any of this will fix this problem? How?
Which is exactly the point, this gives incentive for them to keep the money where it is and invest in other nations' economies rather than ours. Punitive tax might make you feel good, but it is stupid economic policy.
Right, it is the whole theme of the thread. If you think it is stupid, go away. Don't bother.
No, it is a serious question. According to you there is no possible way to give the right incentive to actually make this money work for us in any way shape or form. I absolutely disagree with you, and think that the Administration is throwing away a valuable opportunity.
You were the one that said I was, I simply am asking on what you based your assumption. And you didn't answer that question, you once again tried to answer with a stupid question.
Have you honestly forgotten the past years on this board and really don't know that I believe we should give incentive to companies to keep their operations in the US, or are you just disingenuous? There really isn't much way for me to see that any differently. Either you are stupidly trying to say that you think I believe that the US shouldn't try to keep jobs on our shores against all evidence, or you can't remember what I have said in the past.
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The Almighty
So because YOU got nothing we shouldn't do this. If we don't do anything... the money stays there and you get nothing. If we do something it might boost our economy. One of the two scenarios has a zero percent chance of helping the economy.... yet that is the one you want to go with?
It's practically criminal. I read a comment on one of the support boards that Apple's entire m.o. regarding iTunes is to treat everyone like they're just trying to steal songs.
I really can't stand it. I'm also too lazy to explore the alternatives, so bad on me for that, but it has forever changed by perception of Apple.
Yes. Because he can't see how it can help him, and has no idea how a government could provide incentive to use the money towards job creation. Plus, companies are bad, mmmkay?
On a related note, my Droid has no qualms synching with any computer or just taking one or two songs without deleting my whole library...
I suggest going with companies that don't treat you like a jerk.
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The Almighty
I am the same way... it is my own fault for not exploring...
The whole 'you be stealing' rhetoric is so friggin absurd. If I wanted to Apple, I can burn a CD and hand it to a friend. Itunes nonsense doesn't stop that. My entire library is held not only on itunes, but also backed up on my computer just in case Apple tries to steal my property by denying me access to music I purchased.
First, how could I forget what I wasn't here to witness? Note my join date.
Second, I never said, in any way shape or form, what you are accusing me of saying.
Third, what of the questions I asked? I answered yours, can you do the same?