Investors Could Get Stuck with the Bill for Corporate Tax ‘Inversions’

Discussion in 'Economics' started by dbphoenix, Aug 3, 2014.

  1. dbphoenix

    dbphoenix

    One way or another, inversions are clearly damaging. If they continue, they’ll shift the taxation burden more firmly than ever onto others, including onto the shoulders of small businesses — those bakeries, printing companies, hair salons and other local employers who don’t have the resources, the know-how or, bluntly put, the motivation to find creative ways to minimize or eliminate their tax liability. Small businesses have traditionally been stronger job creators than they are at present; leaving them to struggle under an additional burden would be a risky policy move.

    Then, too, there is the impact on individuals. Effective federal income tax rates in the United States are lower than they have been in decades; chances are that if inversions continue unchecked, there will be pressure to raise tax revenues elsewhere. more . . .
     
  2. wheaties

    wheaties

    A government is not much different than a car dealership or a burger joint or a grocery store. In all cases buyers seek best value for their money.
    In the case of inversions, corporations seek best value for their tax dollar. It amazes me to hear ignorant people like Barrak Husain speak of companies who move abroad as un-American or evasive. To the contrary, maximizing efficiency is the essence of being American.
    As for individuals bearing the brunt of inversions....... No they wont. Individuals are moving abroad in record numbers in order to maximize their return on their tax dollar (I've posted links in other posts on this site.). As Barrak continues to increase gov't subsidies for those who cannot or will not work, those who are footing the bill will move out or simply stop working and maximize their value by living off the government. This is the way the world works. It has always worked this way. It will continue to work this way. Forever. The desire of a person to maximize his personal benefit in return for his labor has nothing to do with politics. It is part of being human. Liberals lack some sort of gene and are thus unable to comprehend this most fundamental principal of human behavior. History is kind however and it will continue to teach them. Again and again and again and again and again.......
     
  3. wheaties

    wheaties