Search results

Clearly the amount of corporations that don't pay tax is distorted in the aggregate for all the reasons well stated here in this thread. One point not made, is that the aggregation conflates domestic Sub-S corps, One person service corps, with International Public Corporations. What they...

No, they don't do that; it is illegal to do that. Expenses relate to taxable income. When Corporations file their U.S. Tax return they use tax accounting principals, following U.S. tax law and IRS regulations to produce an adjusted gross income (AGI) for the purpose of paying U.S. tax. That...

Thank God!

My ad hominem objection to your commentary is appropriate. Your express posting speaks for itself. If you attached your opinion, I missed it. I don't know if you agree with Hiltzik or not; I don't know your opinion on the issue of 'Inversions.' I don't know your opinion on the corporate tax...

You won't stop the ad hominem. You have nothing of substance to say. You detract from this site.

It is too bad you cannot resist the ad hominem, it is not necessary, especially when you say you agree with the main point; it detracts from your credibility. Pfizer, or any international company, structuring to lower their tax expense legally, is not justified only by the often cited 'duty to...

Well, it is too bad that scientists and NDA jockey's have to worry about capital structure and tax issues. I don't think it right that they should. I think taxes should make sense from the point of view of raising necessary funds to pay for necessary government services with maximum efficiency...

So sad to see a rude ad hominem attack again for no purpose. Silly me, I thought there might be a point, maybe even an agreement. I am sorry if I gave you the idea that you needed my permission in any way. I thought you might be trying to say something, a comment, something to consider. I...

Two articles from a progressive tax lobby and two from the times. So what? Is it news that Pfizer has an incentive to do an inversion and keep foreign taxed earnings off shore? They are actively scrutinized by the IRS and it does not appear they are breaking any law. Is it news that Ireland...

OK, so what is your point?

That is an interesting chart but your blanket treatment of the all the GOP tax plans as simple flat tax is not accurate. Ron Paul proposes a form of value added tax as does Ted Cruz. Your chart does not include payroll taxes. In Cruz's case he removes the employee social security tax...

You say "Rognilie's conclusion re the housing component of capital is incorrect." Specifically, what exactly is incorrect about the housing component and Rognilies's conclusion?

We have been criticized from moving far away from corporate tax here, but this thread was dormant for years before I revived it this past week, and your comments are interesting to me, so its OK with me if we follow where intelligent interaction leads. You admit that raising rates doesn't...

We have been criticized from moving far away from corporate tax here, but this thread was dormant for years before I revived it this past week, and your comments are interesting to me, so its OK with me if we follow where intelligent interaction leads. You admit that raising rates doesn't...

Ad hominem means you talk about the person not the substance of the idea. I am guilty of this too, but I think it destroys threads and is not satisfying, using pejoratives, like 'imbecile' to describe a poster is probably best avoided no matter how tempting. Fhl you are right on the nose about...

You bud into a thread you say is boring and your comment has no substance; the bottom line of you criticism is that Piketty is French. That is a pointedly bigoted and profanely stupid point to offer in discussion. You may know that William B. Say was French, Bastiat was French, John Locke was...

I gave you the citation in my post; just google the title of the article and it will find it.

It is very important and very telling that Piketty misstates the case of capital by conflating housing investment with investment in real assets. Piketty is not alone in his conceit; Rogoff and Rhinehart create an epic conceit in their book, pointedly less to the left than Picketty and Saez...

You are right; there is more going on with wages than productivity alone; labor supply, technology, cost of capital compared to cost of labor all matter. I have read Piketty and I find his analysis glib, fashionable and false, and his statistics faulty. He merges business income with wages...