Anyone want to know how many $Billions Corps are Holding Offshore

[FreakinDJ]

In Tax Deferred / Tax Haven Countries

A Whole Fucking Bunch

Corporations Need a Few Good Republicans

[lonestarnot]

1. DIRTY FUCKING DIRTBAG FUCKWADS!

[FreakinDJ]

3. and RATpubliCON cried "Obama your killing the Job Creators"

[lonestarnot]

17. Bastards!

[indurancevile]

2. if obama got that done i would change my opinion of him.

[FreakinDJ]

4. did you write your Congress Critter when he tried ???

change begins with YOU

Write Call Email today if you want change

[indurancevile]

5. what? you mean yesterday? uh, no, since today (tuesday) is the first i heard of it.

i guess the whole thing is going to fail now, huh?

since it's my responsibility to keep corps from offshoring profits.

jeeeeeeez.

[FreakinDJ]

6. No - I mean back in 2009 when Obama was pushing legislation

to close these loopholes

Since you seem feel it appropriate to criticize him for NOT enacting this legislation yet lack any knowledge of when it was proposed to the House and Senate

[indurancevile]

7. i didn't criticize him for anything. i said if he was able to repatriate offshored profits i'd

change my opinion of him.

and i know of no effort to do that "back in 2009".

[FreakinDJ]

10. New York Times article - Obama Calls for Curbs on Offshore Tax Havens

WASHINGTON — President Obama on Monday called for curbing offshore tax havens and corporate tax breaks to collect billions of dollars more from multinational companies and wealthy individuals.

http://www.nytimes.com/2009/05/05/business/05tax.html

click the image in the left column and the graphic I posted comes up

better yet - do some reading in the "Economy" forum of DU

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x88850

not trying to be cynical but I follow this stuff pretty closely

[indurancevile]

13. more power to him. but please don't tell me it's not getting done because I personally haven't

called my representative.

if i didn't know about it, it's a good bet 95% of the country didn't know about it. and in my opinion, that's a failure of the party & its leadership.

[FreakinDJ]

14. On that I would have to agree

Not 1 Democratic Senator or Representative stood beside him as he argued in the press defending the measures.

And at the time DEMs controlled both the House and Senate

[indurancevile]

15. thanks for agreeing, & that scenario (no dems w/ him) sure demonstrates the problem. if they wanted

pressure, the entire party should have been pushing, & they should have been commenting on it daily.

the difference between the publicity on that initiative & this debt crap is illustrative.

[RB TexLa]

8. A company can hold it's money anywhere it pleases.

WTF? Should every company in the world have to bring it's money to North America?

[FreakinDJ]

16. There are reasons for Holding Money in Tax Haven Countries

And those reasons have cost 3 Million Americans their job

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x88850

[lonestarnot]

18. When they make the riches off the backs of America, god damn right they should be responsible to

America! If it wasn't for America, they wouldn't have that fucking dough to shove off-shore.

[customerserviceguy]

9. And that's Mitt Romney's plan to save the economy

He'll lower the tax rates to something below 5% for repatriated money, and it could indeed have an impact on the economy.

[FreakinDJ]

11. Sure - it'll start a Global Trade War

Today's Lower Corporate Tax Rates are the Hoover 1930s Tariff Wars in reverse

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x88802

[customerserviceguy]

12. I didn't say it would be perfect, just that it's his plan

Besides if Mittens gets the nomination, I'll officially stop worrying. The fundies would rather sit on their hands (or vote third party) than to have a Mormon as President. In fact, they will absolutely prevent him from getting the nomination.

[One Voice]

19. Beyond disgusting!

Greedy snakes and traitors.