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Comment: Re:relevant article (Score 1) 263

by sumdumass (#47924901) Attached to: New Global Plan Would Crack Down On Corporate Tax Avoidance

I'm saying there is nothing wrong with WSJs track record soley because they are connected to fox news whos track record is largely only tarnished because you disagree with their politics and little more when compared to other sources.

If the story is untrue, point it out. If you ignord it all because of some association with another news source, you are a moron.

Comment: Re:Most taxes are legalized theft (Score 1) 263

by roman_mir (#47923605) Attached to: New Global Plan Would Crack Down On Corporate Tax Avoidance

I know what you do NOT do, you do NOT put a gun to OTHER people's had to steal their money from them to 'help' anybody whatsoever under any circumstances. No amount of misery can be justified to destroy individual freedom.

If a person is irresponsible and has children, too bad for those children, however that's what other family members are for. Beyond that there are private organisations that try to help children. Governments cause massive pain for children by destroying the economy that they and their parents live in.

Comment: Re:People have AMT (Score 1) 263

by sumdumass (#47922391) Attached to: New Global Plan Would Crack Down On Corporate Tax Avoidance

The problem here is the most of the money is either made or spent off shore from the incorporated nation. These corporations have created subsidiary corporations within other jurisdictions and sell to them at costs of a loss and the subsidiary ends up making the money in the jurisdiction that has low taxes.

And Alternative minimum tax would not be able to get around that because each incorporation is recognized legally as a separate corporation/company even when they are entirely owned by one of them.

Where the confusion happens is in the SEC (and equivalent) filings in which the owned subsidiaries get counted as an asset so it's activities are reported along with the parent corporation's activities. However, it doesn't reflect the obligations in differing nations or jurisdictions. Imagine it like this, you own an apartment building in the US and another in France. You form a corporation in France and place the apartment building there so make accounting and legal compliance easier. You pay property taxes on the properties only in the countries in which they actually are. Well, as long as you do not bring your rental income back to the US, you pay taxes on it only in France and it wouldn't even be counted on your US tax forms. But if I sued you because you got drunk and ran over my cat and you lost everything, those apartments in France would count as one of your assets.

Keep in mind, it's a bit more complicated then that, but that should give the gist of it.

Comment: Re:Most taxes are legalized theft (Score 1) 263

by sumdumass (#47922177) Attached to: New Global Plan Would Crack Down On Corporate Tax Avoidance

Once in a while it is time to go pedantic.
Words have meanings. We can string words together without regard to their meanings, and create an aphorism that sounds good, but it leads to logical incorrectness and a misunderstanding of how things work. It would be better if you were just gibbering.

Theft
In common usage, theft is the taking of another person's property without that person's permission or consent with the intent to deprive the rightful owner of it.

Tax
A tax (from the Latin taxo; "rate") is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay, or evasion of or resistance to collection, is punishable by law.

Donation
A donation is a gift given by physical or legal persons,

Taxation is not theft. The two words describe different circumstances and processes. The outcome may be the same (your stuff is gone), but they are two different words with different meanings.

It would seem to me that if you do not want to pay your taxes but do so under threat of law, it would be theft. If you do want to pay your taxes voluntarily, it would be a donation. Of course this is using common understanding of definitions.

Comment: Re:Most taxes are legalized theft (Score 0) 263

by udachny (#47922089) Attached to: New Global Plan Would Crack Down On Corporate Tax Avoidance

A child is going to have parents and if a child has no parents then there are relatives, friends and finally private charities that can take care of orphans.

The only 'veritable idiot' here is you, somebody who still does not understand what reality is.

Most certainly nobody at all under any circumstances, regardless of what is happening in the least should ever be compelled under the barrel of a gun to pay for anybody's life, including lives of any number of children.

A child is a responsibility of his or her parents and if they cannot deal with it, other people step in, but nobody should be forced to.

Comment: Re:Most taxes are legalized theft (Score 1) 263

by sumdumass (#47921985) Attached to: New Global Plan Would Crack Down On Corporate Tax Avoidance

The first Budget in Obama's term put the war spending on budget.

They were off budget during Bush's terms but one of the first acts Obama did with a democrat congress was to put them on budget.

http://www.nytimes.com/2009/02...

Now, people may think "good, we need to account for that money anyways" but the fact is they were always accounted for in the end. The problem with this is the rules of congress say you have to pay for new spending. With the wars off budget, when congress decided to do something new or increase something, they had to either decrease somewhere else, raise taxes, or assume an influx of revenue with a realistic chance of it happening. Now, when the wars wind down, congress can simply spend the money as new spending without having to at minimum look for it.

Note, I saw some articles saying that we are still using some supplemental appropriates (off budget) for spending on the wars. I am led to believe this is minor compared to the on budget spending for it.

Comment: Re:Most taxes are legalized theft (Score 0) 263

by roman_mir (#47921671) Attached to: New Global Plan Would Crack Down On Corporate Tax Avoidance

You people who believe you'd run a functioning society without taxes and the things it pays for are completely deluded.

- government has no place in anything that private individuals need and provide for themselves and others absent government.

Energy, clothing, food, shelter, education, transportation, roads, schools, investments, entertainment, mail, anything at all that people need, individuals need, individuals, people create and once they create it, if others like it, they can also buy these solutions from the individuals that created it. That is what businesses are: individuals solving individual problems that become solutions for the entire societies.

Your complete lack of understanding of these simple realities of life and your dogmatic belief in something 'grander' than you are, are blinding you and obviously somebody so blinded cannot see the forest for the trees. "Libertarian" is just a moniker. The point is individual freedom.

Free people create stuff based on their own creativity.

Slaves only work hard enough not to get beat up too much (just enough not to be taxed too much).

Looks to me you prefer a 'society' of scared, ignorant children rather than a society of grown up people actually thinking for themselves and building stuff they need and trading with other grown ups for stuff they built.

Machines certainly can solve problems, store information, correlate, and play games -- but not with pleasure. -- Leo Rosten

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