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Re:Obama presses to end corporate trick for evading taxes by delecti on Friday July 25, 2014 @03:48PM (#8087247)
I think he is incorrect in his assertion that companies should choose to pay more taxes than legally required, but I think he is right to say it, because it'll build political support for changes to laws which (in my opinion) need to be made.
Re:Obama presses to end corporate trick for evading taxes by Alupis on Friday July 25, 2014 @04:03PM (#8087330)
In the US, we encourage everyone to "go out and live the American dream". Open a business. Be successful!

But as soon as you become successful, we will punish you via a huge tax burden among other things.

We explicitly advocate success, yet implicitly advocate punishment of success.

It's not hard to imageine why so many companies often see relocation as a way to relieve their tax burden. It's nothing a normal citizen doesn't do.

Instead of focusing on punishing companies (who will eventually just up and leave altogether), we need to fix the core problem that is encouraging the behavior -- ie. the tax code.

Re:Obama presses to end corporate trick for evading taxes by mattmanser on Friday July 25, 2014 @04:07PM (#8087348)
How is it punish?

You only pay on profit and it's clear up front when you start.

You can agree or disagree on it's efficacy on growing overall prosperity but to call it 'punishment' is strange.

Re:Obama presses to end corporate trick for evading taxes by Alupis on Friday July 25, 2014 @04:11PM (#8087375)
I chose the word "punishment" because corporate taxes (and taxes of top tier earners) are dramatically higher than "everyday joe's".[1]

An argument can be made that they earn more/have more profit, and therefore can afford more in taxes -- yet that is the very punishment I'm referring to. "You are more successful than I, therefore you owe a higher percentage of your income".

[1] http://en.wikipedia.org/wiki/Income_tax_in_the_United_States...

Re:Obama presses to end corporate trick for evading taxes by Raphael on Friday July 25, 2014 @05:33PM (#8087768)
But it's extra money. If you don't want to pay corporate taxes, spend the money on expanding the business, wages, or dividends.
Re:Obama presses to end corporate trick for evading taxes by Alupis on Friday July 25, 2014 @05:46PM (#8087819)
> But it's extra money.

What? Who are you to decide how a company or individual spends their money?

Your tone implies you feel that just because some company or individual has more money than they can spend, means they should pay more in taxes?

Re:Obama presses to end corporate trick for evading taxes by mattmanser on Saturday July 26, 2014 @06:03AM (#8089346)
Again, that's whether you support regressive or progressive tax systems and their efficacy. What is fair? But it's not punishment.
Re:Obama presses to end corporate trick for evading taxes by Alupis on Sunday July 27, 2014 @12:09AM (#8091935)
What is fair? I personally think a flat tax is the fairest. Some countries have already implemented this, such as the flat 13% tax rate in Russia which has been a success so far.

Why do we charge people more just because they earned more? If you are a citizen, you should owe the same flat amount (percentage-wise).