Fw: [MoLiCo] Fw: A New Heresy: Abolish Corporate Income Taxes
I agree with you, Fred. Linda Herd - Forwarded Message From: Linda Herd linda.h...@sbcglobal.net To: missouri liberty coalition missourilibertycoalition@googlegroups.com Sent: Thu, May 26, 2011 9:49:36 PM Subject: Fw: [MoLiCo] Fw: A New Heresy: Abolish Corporate Income Taxes Does everyone agree with this? I am skeptical but am not going to argue. But, do you all agree with this with just a yes or no? Linda - Forwarded Message From: Eric Vought evou...@gmail.com To: missourilibertycoalition@googlegroups.com Sent: Wed, May 18, 2011 2:04:08 PM Subject: Re: [MoLiCo] Fw: A New Heresy: Abolish Corporate Income Taxes On May 18, 2011, at 12:19 PM, Fred B. Ellison wrote: Abolishing corporate income taxes is in your self-interest. These taxes are unproductive as revenue-generators, but what they really do is make politicians more powerful, at your expense. I am on the fence on this, but it does have a certain sense to it. Most large, successful corps avoid income tax by funneling profits to countries like Ireland with 0% corporate tax and funneling expenses to countries like US with a high rate. Companies with record-and-increasing earnings post a loss in the US. There is no real way to stop that kind of manipulation of bookkeeping in an income-based tax structure. The same goes for payment of local workers. Over time, a move to something like a national sales tax structure would make that process easier. It is much harder to creatively move purchase of resources across jurisdictions, especially if matched by an excise tax. But we have to dismantle the existing tax structure, get spending under control, and eliminate much of the culture of exemptions and favoritism before I would support a new tax of any kind. Sincerely, Eric Vought evou...@pobox.com We will pay the price, but we will not count the cost. --- Rush, Roll the Bones --This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever. -- This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever. -- This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever.
Fw: [MoLiCo] Fw: A New Heresy: Abolish Corporate Income Taxes
Does everyone agree with this? I am skeptical but am not going to argue. But, do you all agree with this with just a yes or no? Linda - Forwarded Message From: Eric Vought evou...@gmail.com To: missourilibertycoalition@googlegroups.com Sent: Wed, May 18, 2011 2:04:08 PM Subject: Re: [MoLiCo] Fw: A New Heresy: Abolish Corporate Income Taxes On May 18, 2011, at 12:19 PM, Fred B. Ellison wrote: Abolishing corporate income taxes is in your self-interest. These taxes are unproductive as revenue-generators, but what they really do is make politicians more powerful, at your expense. I am on the fence on this, but it does have a certain sense to it. Most large, successful corps avoid income tax by funneling profits to countries like Ireland with 0% corporate tax and funneling expenses to countries like US with a high rate. Companies with record-and-increasing earnings post a loss in the US. There is no real way to stop that kind of manipulation of bookkeeping in an income-based tax structure. The same goes for payment of local workers. Over time, a move to something like a national sales tax structure would make that process easier. It is much harder to creatively move purchase of resources across jurisdictions, especially if matched by an excise tax. But we have to dismantle the existing tax structure, get spending under control, and eliminate much of the culture of exemptions and favoritism before I would support a new tax of any kind. Sincerely, Eric Vought evou...@pobox.com We will pay the price, but we will not count the cost. --- Rush, Roll the Bones --This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever. -- This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever.
Re: Fw: [MoLiCo] Fw: A New Heresy: Abolish Corporate Income Taxes
Since ALL taxes are paid for by the end consumers this can only benefit those of us who consume. i say YES..!! On Thu, May 26, 2011 at 9:49 PM, Linda Herd linda.h...@sbcglobal.netwrote: Does everyone agree with this? I am skeptical but am not going to argue. But, do you all agree with this with just a yes or no? Linda - Forwarded Message From: Eric Vought evou...@gmail.com To: missourilibertycoalition@googlegroups.com Sent: Wed, May 18, 2011 2:04:08 PM Subject: Re: [MoLiCo] Fw: A New Heresy: Abolish Corporate Income Taxes On May 18, 2011, at 12:19 PM, Fred B. Ellison wrote: Abolishing corporate income taxes is in your self-interest. These taxes are unproductive as revenue-generators, but what they really do is make politicians more powerful, at your expense. I am on the fence on this, but it does have a certain sense to it. Most large, successful corps avoid income tax by funneling profits to countries like Ireland with 0% corporate tax and funneling expenses to countries like US with a high rate. Companies with record-and-increasing earnings post a loss in the US. There is no real way to stop that kind of manipulation of bookkeeping in an income-based tax structure. The same goes for payment of local workers. Over time, a move to something like a national sales tax structure would make that process easier. It is much harder to creatively move purchase of resources across jurisdictions, especially if matched by an excise tax. But we have to dismantle the existing tax structure, get spending under control, and eliminate much of the culture of exemptions and favoritism before I would support a new tax of any kind. Sincerely, Eric Vought evou...@pobox.com We will pay the price, but we will not count the cost. --- Rush, Roll the Bones --This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever. -- This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever. -- no cause is lost if there is but one fool to fight for it ~Will Turner~ ~Pirate's of the Caribbean @ World's End~ None are more hopelessly enslaved than those who falsely believe they are free. ~Goethe www.moliberty.org http://417-political-pundit.blogspot.com The power to tax involves the power to destroy. ~Justice John Marshall~ Just because you do not take an interest in politics doesn't mean politics won't take an interest in you! -Pericles (430 B.C.) A legislative act contrary to the Constitution is not law. ~Justice John Marshall~ -- This is a Free Speech forum. The owner of this list assumes no responsibility for the intellectual or emotional maturity of its members. If you do not like what is being said here, filter it to trash, ignore it or leave. If you leave, learn how to do this for yourself. If you do not, you will be here forever.
