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Tuesday, May 5, 2009
1:37 PM TweetThis
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This news story has 9 comments:

  •  
    If a US citizen cannot list an address in the Caymans on their 1040 for "commercial considerations," then why the hell would a corporation be able to??

    So, I'm bailing out the organizations that don't even show up to pay their share?? Yet they are responsible for wrecking our democracy??

    Time for trust-busting. Business is WAAAAY too big.

    BREAK THEM UP AND MAKE THEM PAY RETROACTIVELY FOR THEFT!
    May 05 01:47 PM | Link | Reply
  •  
    Another cry to give the Administration authority to take over and destroy capitalism. This is not about "big business" and is all about government letting bad businesses get away with whatever by flaunting the laws. No one will follow the laws unless the laws are enforced. Why are you not demanding that existing laws be enforced by SEC, FDIC, Justice Department, Federal Reserve, and the Administration. Lets get the bad guys first and prove the Administration has the guts to do it before we consider just destroying all businesses. "All businesses" which by the way have made us the leader of the world.

    On May 05 01:47 PM Jackson Cash wrote:
    > If a US citizen cannot list an address in the Caymans on their 1040
    > for "commercial considerations," then why the hell would a corporation
    > be able to??
    >
    > So, I'm bailing out the organizations that don't even show up to
    > pay their share?? Yet they are responsible for wrecking our democracy??
    >
    >
    > Time for trust-busting. Business is WAAAAY too big.
    >
    > BREAK THEM UP AND MAKE THEM PAY RETROACTIVELY FOR THEFT!
    May 05 01:54 PM | Link | Reply
  •  
    The building looks so vacant. You would think, with that many companies people would be pressed up against the glass.
    May 05 01:56 PM | Link | Reply
  •  
    Seems like there is a simple answer to this. Give them a choice...

    Treat them as foreign corporations and start charging the tariffs they are avoiding. Or let them start paying the taxes they owe.
    May 05 02:15 PM | Link | Reply
  •  
    What current laws are these businesses breaking?

    That's right: none. Or at least none that will hold up to a court debate. The current laws are either too silent or too ambiguous to prosecute modern tax evasion strategies.

    And ambiguity is the key. For every person that claims these offenses fall under existing laws, there is at least one that claims they don't.

    So...we make new laws.

    On May 05 01:54 PM Neil459 wrote:
    > No one will follow the laws unless the laws are enforced. Why
    > are you not demanding that existing laws be enforced
    May 05 02:16 PM | Link | Reply
  •  
    The law was written to avoid double taxation-to give US corporations some competitive advantage over their peers overseas.

    As to tax evasion-it's a crime.
    May 05 02:40 PM | Link | Reply
  •  
    >If a US citizen cannot list an address in the Caymans on their 1040 for "commercial considerations," then why the hell would a corporation be able to??

    It's almost as if ordinary American citizens have less rights than corporations?

    Hmmm....
    May 05 02:57 PM | Link | Reply
  •  

    Madoff broke no laws. AIG broke no laws. Yeah right. Both fall under SEC regulation and the SEC did nothing except to go to parties in the Hamptons. Yes some tax evasion strategies may be questionable, but lets get the really bad guys first. Then fine tune the system. This administration is full of selective enforcement cops.

    On May 05 02:16 PM D_Virginia wrote:
    > What current laws are these businesses breaking?
    > And ambiguity is the key. For every person that claims these offenses
    > fall under existing laws, there is at least one that claims they
    > don't.
    >
    May 05 03:32 PM | Link | Reply
  •  
    When the tax system is run by a corrupt congress payed off by the companies located off shore what do you expect?
    Become the solution and throw congress out and start over with Tea Party Members.
    Check out the real time polling data at:
    Taxdayteapartypolls.com
    May 06 01:15 AM | Link | Reply
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