News for hackers. Stuff that matters.
Re:GE will move headquarters to Boston by Someone1234 on Wednesday January 13, 2016 @05:29PM (#10898125)
> if you're unhappy with that amount, change the laws.

That's what they tried to do so GE left the state...

> It's not somehow patriotic to pay more in taxes than you legally owe.

But they go one step further, they actually dodge taxes they're meant to legally owe using loopholes.

If GE paid the same proportional taxes as a locally owned sandwich shop I'd be happy.

Re:GE will move headquarters to Boston by Alupis on Wednesday January 13, 2016 @05:39PM (#10898192)
> That's what they tried to do so GE left the state

This is what happens when states and nations have ridiculous tax laws and rates. People and corporations leave. If anything, we should be advocating CT fix their corporate tax laws, because it's costing them tax revenue.

> dodge taxes they're meant to legally owe using loopholes

That's the law you are describing. These so-called "loopholes" are parts of the tax code specifically inserted to allow people (and corporations) the ability to reduce their annual tax liability. Nobody (and no corporation) does any wrong by using the law to their advantage.

Change the law (remove the loopholes) if it's upsetting. Otherwise, they're doing things the right way.