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(115,440 posts)

7. But they do have a loophole...

Wed Apr 26, 2017, 02:06 PM

Apr 2017

where they do get a taxbreak for moving their jobs overseas.

A better solution would be to just do away with the loophole, in my opinion.

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Corporations do not create jobs because they get a tax break. [View all] kentuck Apr 2017 OP

In fact they focus their energies on destroying American jobs unblock Apr 2017 #1

That is true. kentuck Apr 2017 #4

how does a tax cut burnbaby Apr 2017 #5

Tax cuts at the low end could create some demand. kentuck Apr 2017 #8

It rewards profitability by increasing after-tax income unblock Apr 2017 #10

no but they leave the country burnbaby Apr 2017 #2

No they don't Phoenix61 Apr 2017 #6

But they do have a loophole... kentuck Apr 2017 #7

They don't pay taxes on money made overseas Phoenix61 Apr 2017 #12

I wouldn't think so Phoenix61 Apr 2017 #22

oh boy burnbaby Apr 2017 #11

How often does that happen? kentuck Apr 2017 #15

HP got GW Bush tax breaks and subsidies after 9-11. Elwood P Dowd Apr 2017 #13

+1,000,000,000 HughBeaumont Apr 2017 #16

And the deficits exploded and the economy crashed. kentuck Apr 2017 #17

It's going to happen much faster under this insane bunch. Elwood P Dowd Apr 2017 #20

Because they can? Phoenix61 Apr 2017 #3

Exactly. The Velveteen Ocelot Apr 2017 #9

That cannot be said enough. kentuck Apr 2017 #18

Wages are 100% deductible, so ... dawg Apr 2017 #21