Quote:
Originally Posted by Pleasurepays
the options are simple:
1) pay higher taxes, reduce profit, reduce operating capital and put yourself in a weaker financial and less competitive position and be forced to simply move certain aspects outside the USA anyway
or
2) pay less taxes, increase operating capital, improve growth and new investment in your company and strengthen your position in a competitive global marketplace
if you people truly believe there are no negative economic consequences to increasing taxes.. then why not tax them at 100%? if they refuse... then they're just "greedy" right?
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This loophole change isn't a tax increase. YOU and your Company isn't going to pay more taxes because of this. That would be a tax increase.
So #1 isn't a factor.. So how about #3
3#) Correct the loopholes, remove the money going offshore, take away tax breaks for doing that, give tax breaks for coming on shore, and then...... give tax cuts. But that can only be done, after the 'problems' are corrected.