While I'm proud that our country has strived to protect worker's rights
with Unions, OSHA, Worker's Comp, and minimum wage, the reality is that
small employers like my business are faced with an ever rising hurdle to
actually "create jobs". It IS much easier to buy a gadget, tool, etc.,
or sub out the work, than hire someone. My perfect world would allow
us to hire competent folks, keep them safe, happy, offer them a true
living wage with benefits, and still have enough left to pay the bills....
Opps, Its Sunday, I'm day dreaming......
R.Ray Walters
CTO, Solarray, Inc
Nabcep Certified PV Installer,
Licensed Master Electrician
Solar Design Engineer
303 505-8760
On 9/7/2014 12:55 PM, [email protected] wrote:
You are absolutely correct on the root of the problem. Punitive
taxation on anyone who dares to make a profit results in lost jobs and
relocation offshore. The fools who as of late have been pushing for
$15/hr for flipping burgers will be rewarded with their jobs being
replaced with automated restaurants.
-------- Original Message --------
Subject: Re: [RE-wrenches] Magnum Energy sold to tax dodger
From: "RE Ellison" <[email protected] <mailto:[email protected]>>
Date: Sun, September 07, 2014 11:08 am
To: "'RE-wrenches'" <[email protected]
<mailto:[email protected]>>
Even stranger is that is not who they told me was buying them out,
it was another inverter manufacturer.
Big in the RV / Coach market. Seems like it was Dimensions or
something like that. Unless they were just flipped?
Every company with stockholders will become "tax dodgers", at
least till we get the crippling taxes lowered to a reasonable rate.
Even Burger King is moving, and it will continue till none are left.
Bob Ellison
*From:*RE-wrenches
[mailto:[email protected]] *On Behalf Of
*frenergy
*Sent:* Sunday, September 07, 2014 10:46 AM
*To:* RE-wrenches
*Subject:* Re: [RE-wrenches] Magnum Energy sold to tax dodger
Bill,
Interesting because at InterSolar in SF this June, they were still
bragging about being made in the USA. I guess you'd want to right
up until: "Another one bites the dust" (there's a song isn't
there?) It's getting terribly lonely out there for a US made
offgrid inverter.
Bill
Feather River Solar Electric
----- Original Message -----
*From:*Bill Hennessy <mailto:[email protected]>
*To:*RE-wrenches <mailto:[email protected]>
*Sent:*Sunday, September 07, 2014 6:47 AM
*Subject:*[RE-wrenches] Magnum Energy sold to tax dodger
hey wrenches, I suppose it's old news to you West Coasters,
but saw yesterday that Magnum inverters has been sold for $60
million to a Mitt Romney conglomerate that shifted to the
Netherlands to avoid paying US taxes. The new owner, Sensata,
touts its "integrity" and comes with a rep of moving jobs to
China.
SEC Info - Sensata Technologies Holding N.V. - 10-Q - For
6/30/14 - R22 <http://www.secinfo.com/d1d2W1.n1v.14.htm#1stPage>
SEC Info - Sensata Technologies Holding N.V. - 10-Q - For
6/30/14 - R22 <http://www.secinfo.com/d1d2W1.n1v.14.htm#1stPage>
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB -Name Accounting Standards Codification -Topic
805 -SubTopic 10 -Section 50 -Paragraph 1
View on *www.secinfo.com*
<http://www.secinfo.com/d1d2W1.n1v.14.htm#1stPage>
Preview by Yahoo
http://finance.yahoo.com/news/tax-dodge-used-bain-escapes-040100235.html
image
<http://finance.yahoo.com/news/tax-dodge-used-bain-escapes-040100235.html>
Tax Dodge Used by Bain Shifts U.S. Firms Abroad Without ...
<http://finance.yahoo.com/news/tax-dodge-used-bain-escapes-040100235.html>
While its top executives are still based in Attleboro,
Massachusetts, it's now known as Sensata Technologies Holding
NV (ST) of the Netherlands. Treasury Department...
View on *finance.yahoo.com*
<http://finance.yahoo.com/news/tax-dodge-used-bain-escapes-040100235.html>
Preview by Yahoo
Bill Hennessy
Berks Solar, LLC
371 Centennial Rd
Mertztown, PA 19539
o 610 682 4300
c 484 560 4666
NABCEP certified installer
PA contractor #44411
www.berkssolar.com <http://www.berkssolar.com>
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