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Whenever Any Form of Government Becomes Destructive To These Ends,
It Is The Right of the People to Alter Or To Abolish It,
And To Institute New Government

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Tuesday, April 05, 2016

"We shouldn’t make it legal to engage in transactions just to avoid taxes”

B Obama, todaay
Gee, I wonder what GE which has an ENTIRE division whose job it is to minimize tax payment thinks?
Here is the full context:
“We shouldn’t make it legal to engage in transactions just to avoid taxes,” he added, praising instead “the basic principle of making sure everyone pays their fair share”.
Spoken just like someone who has never held a commercial job, instead taking every check from taxes paid.
Who determines what a fair share is?
If other nations tax less, and their fair share is lower, are you contemplating BLOCKING companies from moving there and enforcing lower competitiveness, as the NLRB tried with Boeing moving to South Carolina?
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posted by Epaminondas at permanent link#

2 Comments:

Blogger Pete Rowe said...

The fair share is minimizing tax liability within the bounds of the Internal Revenue Code. You can avoid all of this transactional tax minimization by enacting a flat tax system without deductions. I am sure that is not what Obama was advocating.

Tuesday, April 05, 2016 8:20:00 pm  
Anonymous Anonymous said...

Accountability for Barry's job, second to golfing...all that fundraising he's been doing for 7+ years...where does one find where and how all those funds have been 'retired'?

Tuesday, April 05, 2016 9:42:00 pm  

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