Burgur King can cut its tax rates in half by moving its Hq to Canada.

[sirs]

The GOAL of a company is and has always been to make more money.

And the way you do that is to make your product better and less expensive than "the other guy".  The better you run your organization, and pay/treat your employees, the better your product will be, which means more profit, more expanision, and MORE EMPLOYEES TO HIRE

The "spiral" down is to continue to make it harder for companies to make a profit, to punish them for their success, and to try and legislate them from following supply and demand.  You then get precisely what's happening in CA, where the ATM's, (aka businesses and the middle/upper class)
 are moving out in droves, being replaced by low skilled, Government dependent, illegal immigrants

Isn't it be ironic how the left deplores the idea of a wall, keeping illegal immigrants from coming in, but supports the idea of a wall to keep busineses from getting out.  What a perfect window as to just why the country is going down in both economic & cultural flames

[Xavier_Onassis]

The most significant resource that this country has is its people. If a business chooses to use these people to make a profit and to benefit from the laws that protect companies, it should PAY for the privilege. There is NOT ONE REASON why Burger King or any other company should be given a tax break for relocating its headquarters e;se where, since it is still benefiting from both American customers and American laws.

[Xavier_Onassis]

No one is being punished for success. What is the alternative: tax companies more of they make LESS this year than last year?

Income taxes are based on income. The more income you make, the more you benefit from doing business here.

My savings are 100% invested in stocks and bonds, mostly in the US. I invest in corporations far more than you do. I expect companies top pay their goddamn taxes and to stop trying to run away to Ireland or  the Caymans or wherever.

[sirs]

When a company makes $X, and is taxed one way, then make $XX and taxed even more, that's being punished.  When regulations, upon more regulations, upon more regulations are being imposed, especially at the behest of special interest groups, the effect is to punish businesses to act and perform a a certain way that others deem more appropriate.  The effect is the same, removing incentives, and squelching any chance to grow business & the economy

A company or business should not be punished with higher taxes, just because they operate within the U.S.  That's the definition of both unfair, and ironically also greedy.

Regardless of what you do or don't invest in, you have no fricken clue what my investments are in, or how diversified they are.  And no one is claiming businesses should not pay taxes, the issue is the continued raising them directly, or indirectly with more mandates (i.e. Obamination Care & Enviromental Regulations), and expecting them to just ...pay more....because they can??  Is that the arguement you're trying to make??        You may have investments, but you have no fricken clue how businesses function, especially within a supply & demand state of capitalism.  Your approach literally guts their incentives and ability to improve and hire more, all in the name of "they just make too much $$$, and by god, they shouldn't" 

Profit is what drives both success and greater employment.  It drives expansion and improvement.  It doesn't all go into the pockets of the CEO & Board of Directors, contrary to leftist classwarfare tripe

[Plane]

   It is a perfectly even playing field.

     All of these companies can place their headquarters anywhere they please.

     So why would any company choose to place its headquarters where it draws enough tax penalty to cause disadvantage?

     Companies that do not benefit their owners do exist , but who buys into this?


      Do companies choose to give up  10% of profit that they have the choice to keep strictly for the sake of pride?

      I think some do, they are only human after all.

[Xavier_Onassis]

If American citizens can be asked to DIE for their country, then why can't American companies just pay their damn taxes like everyone else?
This phoney headquarters moving needs to have a law passed against it.

[Plane]

  Think what this law would have to do.

  Only businesses headquartered in the US and paying US taxes could be allowed to do business here.

    Wouldn't it be better to simply make our taxes more competitive?

     Last I heard , ours are the worst.

     If you were a tenant in an apartment that was not the best in town , but the rent was the highest in town , you wouldn't think about moving?

[sirs]

If American citizens can be asked to DIE for their country, then why can't American companies just pay their damn taxes like everyone else?
This phoney headquarters moving needs to have a law passed against it.

And one more time...no one is saying that businesses don't or shouldn't pay taxes.  Every company, in nearly every country pays taxes.  So they are paying their damn taxes.  The issue is raising their taxes and regulatory burdens, which in turn disincentivize companies to do anything except pack up and leave to regions where they can better produce product, expand, hire more employees, and still maintain a profit that the shareholders appreciate 

BTW, what's phony about it?

[Plane]

  The punishment for killing a company is that everyone that was harvesting the product or the profit has to make do with less.

    Why not make the tax rate 200%?

     Would that be terrific for the government and everyone that would receive this money?

   It may sound stupid to say tax at 200% but taxes just 1% higher than the company can survive paying is the same problem.

     If there is a Dutch company producing a product for us , we might choose the American equivalent product, after all, it is paying that difference in price to our government.

     So people who refuse to buy entirely American are unpatriotic for not sharing the burden of this tax.

[Xavier_Onassis]

That is a slippery slope argument.
Burger King is paying taxes,and not at the top rate, and making money. They do not need any damn tax breaks.

[Plane]

   It is actually a very slippery slope,

No developed nation has a higher tax rate on corporations than the US.

Suppose you owned the nicest apartment building in town, perhaps you are justified to charge the highest rent in town, but at some level you will start having vacancy, if you can put up with some vacancy and you keep raising the rent you will eventually find a level of rent at which the vacancy is too much for you to make any profit.

Are we really twice as nice to our corporations as Canada?


I heard today that if the corporate tax rate was reduced to 0% the Federal tax receipts would loose 10% immediately.

Of course if we keep our tax rates the highest in the world for a long time we will loose that same 10% eventually , and loose many jobs along with.

The USA at one time had a world leading merchant marine, now only those ships that are contracted with the government and must register with the US are American registry, the ownership of these ships is pretty much the same international bunch of stockholders it would be anyway, but the US looses the fees and the control.

I wish we could learn from experience we have already had, instead of learning everything the hard way over again and again. 

[sirs]

Well summized, Plane   

[Xavier_Onassis]

The US has high tax rates on the books, but oodles and oodles of deductions and reductions, and many companies pay less in the US than they would in Europe, where they do not enjoy the same deductions and reductions.

[sirs]

So...finally on board with most conservatives in doing away with all the tax loopholes & deductions, that simply feed lobbyiests & special interests, and just going to a flat tax? 

[Plane]

  If no one is paying , why have them on the books?

    If we built aircraft the way we run government , aircraft would be built from anvils.