Search results

I just dealt with what was written in the teaser, "average worker," obviously that needs to be fleshed out; you make supposition about that. I don't disagree but if you want to write it so that it sticks, you can with related and beneficial ownership clauses, employee control language to...

There is no progress, its just backward stupid. It is not clear that it would effect no one; don't overlook unintended consequences. Clearly, this has nothing to do with 'Tony the Tiger' in Battle Creek; Portland can only impose a tax within its jurisdiction; that means on CEO's who run a...

The "middle class" is a post industrial revolution concept; there was no feudal middle class; the concept is a creation of capitalist production. If there is no capitalism, there will be no middle class, but more subtly, if there is no production in an economic society, there will be no middle...

The silly morons who propose this kind of stupid fiscal policy have no understanding that capital is mobile ... did the fact that production has been moving out the U.S. because of bad fiscal policy on the national basis totally evade their awareness? Does anyone know how many Portland...

Infrastructure spending, as commonly understood, should follow growth; it does not create growth in and of itself. New downtown sidewalks and lights do not create growth downtown even if better benches for the homeless; growth is what creates new sidewalks. The only spending, public or...

We are talking about the issue of Corporate Taxes and my opinion that the tax rate should be reduced to Zero at the corporate level and raised to the individual rates at the dividend distribution level; a detail of that proposal is that there must be some way to prevent abuse by not paying...

4.10.13.2 (03-16-2015) Accumulated Earnings Tax (IRC 531) The purpose of the accumulated earnings tax is to prevent a corporation from accumulating its earnings and profits beyond the reasonable needs of the business for the purpose of avoiding income taxes on its stockholders. Liability...

Like all IRS regulations it will interpreted by statute, clarifying regulation, published rulings, practice and court decisions. This regulation has been in effect for decades and there is a case history in how it has be applied and interpreted over time.

It is really not that murky; you pay tax on dividend or distribution from the Corp to the shareholder; it is deducted by the Corp from the dividend or distribution at the time it is paid. That is very simple and it follows the basic tax maxim of levying the tax when the money is paid. Where...

The study by Rosenthal and Austin is important and it reveals the faulty data that Treasury and the Fed have been using for years to promote dysfunctional policy. We have a double taxation system that has been avoided by shareholders moving to own shares in forms that are not taxable...so now...

Right.

Dallas you are obviously thoughtful but your post is all over the place. Lets stick with Corporate Tax in the context that it is the driver of the desperate act U.S. corps torturing themselves with "Inversions" in order to maintain their enterprise value and competitive standing in global...

As you point out, the double tax on Corporate income is another perverse feature of the U.S. Code. However, the best way to fix that is to reduce the Corporate Tax to Zero and raise the dividend to tax to regular individual income tax rates, while at the same time discouraging debt expense and...

So much crap. Inversions are the symptom of a stupid corporate tax code that provides an incentive for foreign investment and penalizes international corporation for investing in the U.S.; nothing could be more stupid. Inversion is in reaction to a Tax Policy that is screwing American workers...

It does not appear that the Nevada bank accounts evade or avoid tax on Trusts, appears to be an issue of confidentiality.

This is an issue of reporting for Trusts; not an issue of Corporations Tax.

Good for Iceland. Ireland has made progress as well; Greece has not.

A basic way to reduce Corporate tax is to load the Corporation up with debt, take capital out and increase debt service expense thereby reducing taxable operating income. This can play out in inversion where the debt in the foreign operation is transferred to the U.S. operation, increasing...