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That hardly is an excuse for US corporations to avoid tax obligations. Rather it shows the two standards of treatment of the US towards real people and corporat
by tanderson92 11y ago
That hardly is an excuse for US corporations to avoid tax obligations. Rather it shows the two standards of treatment of the US towards real people and corporation "people".
- mahyarm 11y agoThink of multinational corporations as multinational families, each one with their own singular citizenship. It makes no sense to tax the family members of other countries until they send money to the family member in your country. If the other family members decided it was a bad idea to send you money to your country because it will be taxed to death, can you blame them?
- tanderson92 11y ago>Think of multinational corporations as multinational families, each one with their own singular citizenship. Why should I? Of course this is not actually what they are, or at least what they claim to be. That is, since money is fungible in a global economy they can in effect use untaxed funds to influence U.S. political campaigns while they claim they are a single person deserving of the same rights afforded by the constitution. U.S. persons cannot do that. This is what I mean by the double standard.
- mahyarm 11y agoWhat you describe is something any rich lower-taxed non-american can do to the usa effectively. That is a thing of money, not of corporations.
- tanderson92 11y ago> rich lower-taxed non-american Right, but of course being as many of the companies in question here were founded in the U.S. and made use of U.S. infrastructure to build their business, and are headquartered in the U.S., and rely on the U.S. labor force for a large part of their enterprise, it isn't accurate to call them non-american.