The Obama Admin Takes Action Against Corporate Tax Inversions

September 23rd, 2014 at 1:02 am

And I say: good for them! Over at PostEverything.

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2 comments in reply to "The Obama Admin Takes Action Against Corporate Tax Inversions"

  1. Peter K. says:

    Hope your dialogue/debate with Jacob Funk Kirkegaard et al, goes well! Hopefully Hunt has your side but I don’t know her positions. I’m guessing Furmanesque.

  2. Jim says:

    I say good for them too… but to the “tax avoiders” as you call them. America was once built on the idea of personal freedom (which would include the freedom to leave). Nowadays, I don’t think people even know what freedom is. It isn’t just that we aren’t ruled by a foreign government. It also means that we shouldn’t steadily become more oppressed by our own.

    The government should simply set regulations to ensure fair competition but stay out of the way otherwise. That gives the people the most opportunity to succeed whether starting their own businesses or looking for full time work. I know it seems like a novel idea these days to let people work hard for their right to dictate their own lives rather than sending all of their money to Washington and letting the government dictate their lives for them, but that idea has historically had a good track record.

    Today, the government continues to intrude upon everyone’s lives with higher taxes, including punitive taxes disguised as political virtue (think cigarettes and sugary drinks), wasteful spending, and free market interference. This is the behavior we want to sink more of our money into? No thanks. The less people funding this beast our government has become the better. The question should not be, why are corporations paying less taxes? It should be, why are we, the citizens, paying more?

    Money is both power and freedom. The less money in the people’s pockets the less power and freedom they have to decide how to live their own lives. If you want to be told how to live your life, Mr. Bernstein, then send any excess profit you make each year to the IRS. They’ll be happy to take it. Oh and profit isn’t such a dirty word when it’s used to describe your personal net income now is it? Meanwhile, I’ll hold onto my money the best I can in an effort to choose my own path, and I’d do much better without big brother’s help.