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bigapple1963

(111 posts)

8. what's the difference

Reply to Purveyor (Original post)

Tue Feb 5, 2013, 01:30 PM

Feb 2013

between offshore tax avoidance schemes and say mortgage interest deductions (for personal income tax)?

Both are perfectly legal and both reduce the amount of taxes paid.

If anything, a company has a fiduciary duty to its shareholders to reduce the amount of taxes paid.

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Study Says States Lose Billions in Offshore Tax Avoidance [View all] Purveyor Feb 2013 OP

But it sure helps MynameisBlarney Feb 2013 #1

Because the most important thing in the world is to make rich people richer. nt valerief Feb 2013 #2

Indeed. MynameisBlarney Feb 2013 #3

The whole world must want it, because people will die for it. Not for their own benefit valerief Feb 2013 #4

You know you've succeeded when MynameisBlarney Feb 2013 #5

Ah, but you see. Romney was going to bring all that money home. Blanks Feb 2013 #6

so many states base their taxes on federal income reports. mopinko Feb 2013 #7

what's the difference bigapple1963 Feb 2013 #8

Yes, because life exists on this planet only for shareholders. nt valerief Feb 2013 #9

do you bigapple1963 Feb 2013 #10

How does offshore tax avoidance help the economy? athena Feb 2013 #13

In fact, it's even worse. It's like stealing. athena Feb 2013 #16

actually bigapple1963 Feb 2013 #17

Ayn Rand is dead and Ron Paul has left the building maybe going to another, with bars. busterbrown Feb 2013 #19

Don't try to change your argument. athena Feb 2013 #21

my argument bigapple1963 Feb 2013 #22

Offshoring is not actually legal. athena Feb 2013 #25

some tax strategies bigapple1963 Feb 2013 #27

also bigapple1963 Feb 2013 #23

I didn't misunderstand what you asked. athena Feb 2013 #24

what bigapple1963 Feb 2013 #26

Because something is legal does not make it right marions ghost Feb 2013 #28

Tax loopholes for a Corporation sounds a whole lot worse than a tax loophole for a Corporation does. busterbrown Feb 2013 #20

Eric Cantor? Is that you? AllyCat Feb 2013 #14

One trickles down. The other doesn’t.... busterbrown Feb 2013 #18

That was one of the problems with the Greek economy Turbineguy Feb 2013 #11

We needed a study to show this? AllyCat Feb 2013 #12

dear congressman Doggett, please quit whining and get "the will" ok? nt msongs Feb 2013 #15