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So, companies acting completely legally by seeking to minimize their tax burden, which serves to further maximize the money available for their owners, get pena

by thrill 7y ago

So, companies acting completely legally by seeking to minimize their tax burden, which serves to further maximize the money available for their owners, get penalized. Likewise, companies acting completely ethically, by returning much of their profit to their shareholders via dividends instead of hoarding it themselves get penalized. And this gets celebrated?

BeetleB 7y ago
I think you'll find a lot of people do not agree with your definition of "penalized". Not giving something to someone who was never entitled to it is not penalizing. > So, companies acting completely legally by seeking to minimize their tax burden, which serves to further maximize the money available for their owners, get penalized It's fairly simple. If you don't want to pay the government, the government doesn't want to pay you. Just as you are acting legally in tax avoidance, they are acting legally in not bailing you out. > Likewise, companies acting completely ethically, by returning much of their profit to their shareholders via dividends instead of hoarding it themselves get penalized. This did strike me as strange, but there are several interpretations. As an example, if you're doing well enough to be paying dividends, you don't need to be bailed out.
- thrill 7y ago
  IF someone is offered an advantage not offered to me then I have been penalized.
  - gbear605 7y ago
    The rules: 1. You can incorporate in a tax-advantaged state ("tax haven") and not get benefits ("bail outs") 2. You can incorporate in a non-tax-advantaged state (eg. Denkmark) and get benefits ("bail outs") Your company has chosen option 1 but you are claiming that your company is being penalized because you can't get the benefits of both options.
  - akamaozu 7y ago
    Do you feel penalized every time you can't park in a convenient parking spot because it's reserved for people with mobility issues?
  - BeetleB 7y ago
    Responding to "you'll find a lot of people do not agree with your definition of penalized" with your preferred definition of the word doesn't exactly further the conversation.
- kortilla 7y ago
  All companies are being penalized by nearly every government. Penalizing all companies and then only bailing out some is picking winners and losers.
  - BeetleB 7y ago
    > Penalizing all companies and then only bailing out some is picking winners and losers. Without going into the semantics of the word, I will point out that yes, that is the role of the government. They provide incentives for certain behaviors, and lack of incentives (or even disincentives) for others.

by thrill 7y ago

BeetleB 7y ago

I think you'll find a lot of people do not agree with your definition of "penalized". Not giving something to someone who was never entitled to it is not penalizing. > So, companies acting completely legally by seeking to minimize their tax burden, which serves to further maximize the money available for their owners, get penalized It's fairly simple. If you don't want to pay the government, the government doesn't want to pay you. Just as you are acting legally in tax avoidance, they are acting legally in not bailing you out. > Likewise, companies acting completely ethically, by returning much of their profit to their shareholders via dividends instead of hoarding it themselves get penalized. This did strike me as strange, but there are several interpretations. As an example, if you're doing well enough to be paying dividends, you don't need to be bailed out.

thrill 7y ago
IF someone is offered an advantage not offered to me then I have been penalized.
- gbear605 7y ago
  The rules: 1. You can incorporate in a tax-advantaged state ("tax haven") and not get benefits ("bail outs") 2. You can incorporate in a non-tax-advantaged state (eg. Denkmark) and get benefits ("bail outs") Your company has chosen option 1 but you are claiming that your company is being penalized because you can't get the benefits of both options.
- akamaozu 7y ago
  Do you feel penalized every time you can't park in a convenient parking spot because it's reserved for people with mobility issues?
- BeetleB 7y ago
  Responding to "you'll find a lot of people do not agree with your definition of penalized" with your preferred definition of the word doesn't exactly further the conversation.
kortilla 7y ago
All companies are being penalized by nearly every government. Penalizing all companies and then only bailing out some is picking winners and losers.
- BeetleB 7y ago
  > Penalizing all companies and then only bailing out some is picking winners and losers. Without going into the semantics of the word, I will point out that yes, that is the role of the government. They provide incentives for certain behaviors, and lack of incentives (or even disincentives) for others.