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Oh come on 12clicks... you have to at least point how how I'm incorrect.. Just saying it, doesn't mean I am.
I have no idea what Obama said about this, so I'm not going off what he said.
When the person gets paid, it's taxed.. Nobody is arguing that. But we all know Owners don't have to be paid, thus not taxed - and when it's offshore, hidden away...
Lets look at our own Industry. This setup that they are blocking is what allowed the massive amount of U.S. based programs to move off shore, not pay money on assets that moved, moved the money, setup a tiny taxed corp to pay U.S. working staff, setup no offshore staff/office (subsidiary branches of the company with no staff in the location) and then setup offshore merchant accounts..
And through being anon, hidden away, and protected... they screwed our Surfers to death... Made millions more, paid even less tax, then hired a bunch of 3rd world people, fired all the Americans.. and the owner(s) still lives here - some with a smaller staff and none with offshore staff IN an actual office offshore.
I'm a U.S./Canadian Business owner with International partners.. So I try to say read up a little bit but will take any insider info you have. Politics aside...
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