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habshi Guest
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Posted: Sat Oct 11, 2008 5:34 am Post subject: Tata can buy General Motors and Ford for less than $10b ! |
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Amazing ! The share value of each has fallen below $2 , and
the total capitalisation is now less than $10b. Ambani alone is worth
twice that ! |
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Michael Coburn Guest
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Posted: Sun Oct 12, 2008 1:19 am Post subject: Re: Tata can buy General Motors and Ford for less than $10b |
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On Sat, 11 Oct 2008 00:34:26 +0000, habshi wrote:
[quote]Amazing ! The share value of each has fallen below $2 , and the total
capitalisation is now less than $10b. Ambani alone is worth twice that !
[/quote]
Ask yourself these questions:
If all the corporations are owned by shareholders in foreign lands, and
the "home office" (not the production facility) is located in Bimini,
then does the US government collect any income taxes?
The "income" is realized outside the USA and the tax base just went to
hell.
What are we going to do with this? How can we support imperialism in the
middle east and elsewhere with no tax income? If we have no bombs and
bazookas and such then how will John McBush have a war forever and ever
and ever and ever?
If we have the best Congress money can buy then what happens to the
American "republic". Is it a banana?
http://GreaterVoice.org/extend |
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harmony Guest
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Posted: Mon Oct 13, 2008 4:22 am Post subject: Re: Tata can buy General Motors and Ford for less than $10b |
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"Michael Coburn" <mikcob@verizon.net> wrote in message
news:gcr1p55cmp@news5.newsguy.com...
[quote]On Sat, 11 Oct 2008 00:34:26 +0000, habshi wrote:
Amazing ! The share value of each has fallen below $2 , and the total
capitalisation is now less than $10b. Ambani alone is worth twice that !
Ask yourself these questions:
If all the corporations are owned by shareholders in foreign lands, and
the "home office" (not the production facility) is located in Bimini,
then does the US government collect any income taxes?
[/quote]
payroll taxes are paid to irs and state govt.
[quote]The "income" is realized outside the USA and the tax base just went to
hell.
[/quote]
no income, no taxes. gm pays no income taxes anyway.
however, the income is taxed in usa, owed to irs, since the owners must have
a business tax number in usa to ba able to register as a corporation.
there is no change. should some of th eincome trasferred to home country,
the transferred wealth would be subject to the other country>s taxes if it
does not have a treaty with usa against double taxation.
[quote]
What are we going to do with this? How can we support imperialism in the
middle east and elsewhere with no tax income? If we have no bombs and
bazookas and such then how will John McBush have a war forever and ever
and ever and ever?
[/quote]
bush is in saudi pocket. it was a sickening sight to see bush walking saudi
king by holding his hand at his ranch.
bush calls mohamadism a peaceful religion.
[quote]
If we have the best Congress money can buy then what happens to the
American "republic". Is it a banana?
http://GreaterVoice.org/extend
[/quote]
no one in the history ever talked about the bottoms of american treasury
getting exposed, but incurious bush made it posssible. |
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