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7962

(11,841 posts)

19. Well, I cant put my 401 anywhere but where my company SAYS I can

Reply to mbperrin (Reply #18)

Mon Sep 2, 2013, 02:41 PM

Sep 2013

So unfortunately I'm stuck there. And my comment is hardly a "straw man", its easy to find stories on some who want to take away the exempt status or hit 401s with a "one time" tax.
China is a terrible comparison. They do whatever they want with no consideration to people. Want a road through that town? Too bad folks, move or we'll move you. Environmental concerns? ha!
I'm tired of all the convoluted tax ideas. People and corps will ALWAYS figure out a way around a tax. I support a consumption tax. You cant avoid a tax at the point of purchase. Then we'd get a lot of revenue from the wall st goofs when they buy their ferraris. Not enough people pull the wagon.

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Highlight:

An Easy Way to Squeeze a Lot of Taxes from Corporations That Try to Hide Their Profits Offshore [View all] xchrom Sep 2013 OP

K&R Scuba Sep 2013 #1

Of course the congresscritters' corporate owners would never let them pass this. hobbit709 Sep 2013 #2

Too Far Royal777 Sep 2013 #20

Or they could use the money for unending war and to spy on citizens. dkf Sep 2013 #3

or on tax cuts for working families eShirl Sep 2013 #4

we badly need corporate tax reform in this country Celebration Sep 2013 #5

And two years later the owners buy MORE tax breaks from Congress......... socialist_n_TN Sep 2013 #15

How would you stop... FreeJoe Sep 2013 #6

That is an easy one. Half-Century Man Sep 2013 #10

It's not nearly that easy. FreeJoe Sep 2013 #16

Yes they could. But they won't. radiclib Sep 2013 #7

it's not that easy alc Sep 2013 #8

Easiest thing would be to prohibit the corporation as a business organization. mbperrin Sep 2013 #12

Yeah, that'll work ...... oldhippie Sep 2013 #17

Yes. Let business owners operate as partners in the same manner as Lloyd's of London. AnotherMcIntosh Sep 2013 #21

Yes, in their pre-1994 mode, where "Names" faced unlimited personal liability for their decisions. mbperrin Sep 2013 #23

Until we push (hard) and achieve campaign finance reform and publicly funded elections, Dustlawyer Sep 2013 #9

Where's the "idea"? The article just says to tax money held offshore 7962 Sep 2013 #11

How would you figure we have the highest corporate tax in the world? mbperrin Sep 2013 #13

If the government owns half the company, you cant compare the two. 7962 Sep 2013 #14

Well, you're on the verge of understanding something. mbperrin Sep 2013 #18

Well, I cant put my 401 anywhere but where my company SAYS I can 7962 Sep 2013 #19

Consumption tax is the worst ever. mbperrin Sep 2013 #22

Havent TOTALLY abandoned the 401! 7962 Sep 2013 #24

Good. mbperrin Sep 2013 #25

But isn't Congress being paid by the very wealthy to NOT do this? nt valerief Sep 2013 #26