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Bogus Defenses of Tax-Dodging Corporate Inversions


Business  (tags: U, S. corporations, tax-dodging, corporate tax evasion, corporate inversons )

Judy
- 1091 days ago - nakedcapitalism.com
Top CEO's reiterate the claim that the U.S. tax system "traps" U.S. corporate profits overseas and thereby block domestic investment of these funds. Companies really keep the earnings offshore because they don't want to pay the U.S. income taxes they owe.



   

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Comments

Darren Woolsey (218)
Saturday May 21, 2016, 11:42 pm
Oh, what a tangled web the Corporate Capitalist players weave, when they practice to deceive and obfuscate.

Shared over social media to spread awareness.
 

JL A (281)
Sunday May 22, 2016, 8:01 am
Thanks for providing us the facts to debunk the myths to push for appropriate actions to fix this tax avoidance approach Judy
 

Animae C (508)
Sunday May 22, 2016, 8:22 am
Thanx Judy
 

Roger G (148)
Sunday May 22, 2016, 1:26 pm
noted, thanks
 

Lois Jordan (63)
Sunday May 22, 2016, 2:19 pm
Noted. Thanks, Judy.

Several months ago I read that Pres. Obama has the power to do something about these inversions, but hasn't done it. Still. The entire system is corrupt. Congress votes for these loopholes and tax breaks because they are beholden to Big Donors. It is going to be difficult, if not impossible to change this system until we have publicly financed elections and get Big Money OUT of politics.
 

Cela V (0)
Sunday May 22, 2016, 6:24 pm
tyfs
 

Colleen L (3)
Sunday May 22, 2016, 9:36 pm
Darren said it all. Thanks Judy
 

Roro l (0)
Tuesday May 24, 2016, 12:32 pm
Thank you!
 
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