Quote:
Originally Posted by TheSquealer
We aren't talking about foreign corporations, operating in foreign tax jurisdictions are we? In addition to everything else you "forgot" with respect to my time with you, did you also forget that I set up a Czech company while I was there? Eva gave me the lawyer to call from your own studio with you standing there.
On a side note...
My goal as a human being is to make stupidity painful. That's what I plan to leave behind. Right now, your stupidity is just painful for everyone that's exposed to it. I feel like there is a real chance to discourage people like you from talking by making your own stupidity painful only for you.
I think that if I can pull that off, i'll be celebrated and remembered for centuries.
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No we are talking about American entrepreneurs exporting jobs. Whether you had a foreign corporation, operating in the foreign tax jurisdiction, if you're an American entrepreneur it illustrates how easily they will ship jobs and money out of the US. What ever the tax situation.
Yes I forgot who you were and why you came to see me. That's the impression you made on me.
So your new business, where is it based. Is it a foreign corporation, operating in the foreign tax jurisdiction?
And answer the other questions or you'll look stupid dodging them.
Here's the problem. Look at the last 12 years.
Taxes fell and the debt got bigger, under who?
And as you can see tax revenues have fallen slightly and spending has escalated. And I will say it again.
Without very careful planning, just cutting taxes in the hope that American entrepreneurs will create wealth is risky. Because it will mean consumers spending less in the US.
American entrepreneurs can't sell squat if people don't have jobs. If the US cuts taxes it means people lose jobs or the US goes further into debt. On the gamble American entrepreneurs will make up for the missing revenue.
So what comes first?