Can we take a moment to consider the rationality of a corporation trying to reduce its tax burden like any deduction-grabbing American?Exactly. We're all in the same boat, tax burden-wise. I always assign half of my income to my shell subsidiaries in Puerto Rico and Bermuda that have no employees, thus collecting U.S. tax credits against my imaginary overseas liability while not being subject to federal taxation on my earnings here at home. Then I apply to my own subsidiaries for short term, back and forth, no interest, intra-me loans that provide me with my own continuous cash flow without triggering tax consequences. Any taxpayer with half a brain routinely does this. It's basic kitchen table budgeting. How can we fault our fellow people - corporations - for merely emulating our example?P.S. Let's reduce the debt by defunding NPR. Thank you.
Wow, so that's cool. If you were heading up a corporation, you wouldn't conform to the tax laws, you'd voluntarily make your company pay more taxes than it was required to. You're a moral example for us all, Deb.
The tax laws are the problem. And corporations are not "any deduction-grabbing American." These two things are not unrelated, unless you'd care to share some examples of the tax code you've written and sponsored to apply to yourself. Worry less about throwing punches at imaginary moral teachings, and more about getting the point.
The tax laws are the problem.Amen Brother!
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