{"id":15022,"date":"2014-05-26T11:48:41","date_gmt":"2014-05-26T15:48:41","guid":{"rendered":"http:\/\/angry.net\/blog2\/?p=15022"},"modified":"2014-05-26T11:48:41","modified_gmt":"2014-05-26T15:48:41","slug":"democrats-want-to-stop-companies-saving-money","status":"publish","type":"post","link":"https:\/\/angry.net\/blog2\/?p=15022","title":{"rendered":"Democrats want to stop companies saving money"},"content":{"rendered":"

That title is a bit misleading I\u2019m afraid. What is happening is the Progressive Liberal Fascist Democrats want to prevent companies from leaving the United States for countries with lower taxes.<\/p>\n

<\/p>\n

The bills are being put forward for a simple reason. The United States Government under Barack Obama and the PLFD\u2019s has become very anti-business. According to the Wall Street Journal<\/a>:<\/p>\n

\n

Lawmakers will unveil bills on Tuesday (May 27th) to keep major corporations from leaving the U.S. for tax purposes, but the legislation probably won\u2019t be enacted quickly enough to prevent more such exits, experts say.<\/i><\/p>\n<\/blockquote>\n

\"The<\/a><\/p>\n

Well of course it will. When it comes to understanding economics, your average PLFD tends to think Karl Marx was promoting Free Enterprise.<\/p>\n

\n

Congressional aides, lawyers and other advisers say talk of corporate exits \u2013 known as inversions \u2013 is growing, in the wake of several recent deals that have taken major U.S. firms offshore.<\/i><\/p>\n

\u201cI have heard from some representatives of Fortune 500 companies that their companies are exploring whether to do an inversion transaction,\u201d a Senate aide said last week. \u201cAlso, I\u2019ve heard that investment bankers are pitching companies to do inversion transactions.\u201d<\/i><\/p>\n

If anything, talk of legislation could be speeding up some firms\u2019 consideration of a move. That\u2019s because any bill passed by Congress in the near future likely would close the legal window for such deals, at least temporarily.<\/i><\/p>\n<\/blockquote>\n

\"The<\/a><\/p>\n

The stupid, it burns brightly within the ranks of the PLFD. Don\u2019t these clowns understand why corporations are fleeing? It\u2019s due to one simple reason. They don\u2019t like being treated like dirt and having their assets stolen by the Government.<\/p>\n

\n

The U.S. has been hit by a wave of corporate exits in the last few years, as businesses grow impatient with what they regard as antiquated U.S. corporate tax rules, and the slow pace of rewriting them in Congress.<\/i><\/p>\n<\/blockquote>\n

Antiquated is putting it mildly. Most of these laws came into effect under Franklin Delano Roosevelt\u2019s New Deal. Not all of course, his cousin Theodore Roosevelt really was the one to get the ball rolling, and with the ratification of the 16th<\/sup> Amendment ((Sixteenth Amendment to the United States Constitution<\/a>)), the Federal Government went to town on businesses. Of course, with the PLFD\u2019s, one bad idea should be succeeded by even more bad ideas.<\/p>\n

\n

Recently, Senate Finance Committee Chairman Ron Wyden (D., Ore.) announced that he will seek to place new restrictions on corporate exits as of May 8, 2014. Mr. Wyden has not drawn a lot of GOP support for his retroactive approach, however, suggesting that the window remains open.<\/i><\/p>\n<\/blockquote>\n

\"the<\/a><\/p>\n

The Republicans, with a few exceptions, understand just how destructive the policies of the PFLD\u2019s have been for the last century. Why would they want to help them finish off the American economy? Of course, the PLFD\u2019s are all in favor of this idea.<\/p>\n

\n

The legislation to be unveiled on Tuesday is expected to take several steps to minimize the ability of firms to exit. Those measures also are supported by President Barack Obama. The bill is being sponsored by the influential brothers, Sen. Carl Levin (D., Mich.) and Rep. Sander Levin (D., Mich.), who is the top Democrat on the House Ways and Means Committee. Despite all the Democratic support, prospects for quick action appear dim. But that could change if more companies head for the border.<\/i><\/p>\n<\/blockquote>\n

\"Barking<\/a><\/p>\n

Do you really think the Republicans will help? If this passes, I see the end of any corporations in the United States. No matter what these Marxist Moonbats manage to do, (Or get Il Douche to do by imperial fiat), it will fail miserably and result in a far worse economy then we have right now. Needless to say, I\u2019m no expert, but I suspect one possibility is the corporations simply dissolve and reform overseas. What will Obama and his scum do then? Outright nationalize them? Oh wait. They did that with Government Motors, and we\u2019ve seen how well that\u2019s worked out ((GM Recalls 2.42 Million Vehicles in Four U.S. Recalls<\/a>)). However, all isn\u2019t lost yet.<\/p>\n

\n

Many Republicans \u2013 and some Democrats \u2013 want to deal with the problem by passing a comprehensive tax rewrite making the U.S. a more attractive place to locate businesses. For that reason, Sen. Levin said he is proposing a two-year bill to restrict company exits, in order to accommodate those lawmakers and create a window for passing a broad tax overhaul.<\/i><\/p>\n<\/blockquote>\n

That still won\u2019t work Comrade. We all know just how valid your promises are. Just look at all the promises regarding Obamacare. You can keep your insurance if you like it, you can keep your doctor if you like him, healthcare will be cheaper. No one believes you. Fool me once, shame on you. Fool me twice, then I voted Democrat.<\/p>\n

\"Trust<\/a><\/p>\n

Thatisall<\/p>\n

~The Angry Webmaster~<\/b><\/i><\/p>\n

\"1\"2\"3\"4\"5 (1<\/strong> votes, average: 5.00<\/strong> out of 5)
<\/span><\/span>Loading...<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

That title is a bit misleading I\u2019m afraid. What is happening is the Progressive Liberal Fascist Democrats want to prevent companies from leaving the United States for countries with lower taxes. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[176,141,100,71,157,8,115,219],"tags":[11,52,12,90,8,24,34,64],"class_list":["post-15022","post","type-post","status-publish","format-standard","hentry","category-economy","category-jobs","category-moonbat","category-news-of-the-day","category-obamacare","category-politics","category-stupidity-crime","category-the-good-idea-fairy","tag-america","tag-constitution","tag-freedom","tag-moonbattery","tag-politics","tag-socialism","tag-stupidity","tag-taxes"],"views":1182,"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":25879,"url":"https:\/\/angry.net\/blog2\/?p=25879","url_meta":{"origin":15022,"position":0},"title":"The Democrats release their cunning Tax plans","author":"Angry Webmaster","date":"March 11, 2018","format":false,"excerpt":"Good day all. The mid-term silly season is upon us and the Progressive Liberal Democrats are working overtime to completely destroy their electoral chances in 2018. They have started releasing their plans if they take back the house and senate. Their first target? Hiking taxes of course. When President Trump\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2015\/07\/Typical-Democrat-Voter.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":25461,"url":"https:\/\/angry.net\/blog2\/?p=25461","url_meta":{"origin":15022,"position":1},"title":"Liberals, \u201cTax cuts harm the Rich!\u201d Huh?","author":"Angry Webmaster","date":"December 27, 2017","format":false,"excerpt":"Good day all, as his Christmas gift to America, President Trump signed the new tax bill into law. 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