If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Business Insider)   Republicans livid that left-wing corporations can also use tax loopholes   (businessinsider.com) divider line 177
    More: Obvious, use tax, Republican, protection racket, tax code, Politics of the United States, loopholes, tax havens, Tom Coburn  
•       •       •

4529 clicks; posted to Politics » on 02 May 2012 at 8:38 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



177 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread

First | « | 1 | 2 | 3 | 4 | » | Last | Show all
 
2012-05-02 10:09:14 AM

Philip Francis Queeg: EWreckedSean: Karac: EWreckedSean: Remember kids, let's go after big oil. I mean, Exxon has a 7.6% profit margin and produces energy. Apple has a 29.6% profit margin and produces cell phones and tablets. It's obvious who we need to go after here to solve our revenue problem.

Last I checked, apple never took a giant shiat on everyone else who relied on the gulf of mexico to make their living.

Last I checked Exxon didn't either. Of course Apple does take a giant shiat on their slave labor force. But they don't matter because their not white or American right?

Sounds like the Apple workers need a good, strong union, doesn't it?


An organization to advocate for the workers in disputes with management? What sort of communism is that?
 
2012-05-02 10:09:20 AM
Philip Francis Queeg

karnal: What's stopping Mr Buffett from writting the IRS an extra check come April? He can run his mouth all he wants but if he is paying too little taxes it is because of the "loopholes" his accountants are using.
They all can talk a mean game but their actions speak volumes.

Warren Buffett has a challenge to congressional Republicans who mocked him last year for criticizing the tax code.

The billionaire investor says he'll match them dollar-for-dollar for every contribution they make to pay down the national debt.


"And I'll even go three for one for McConnell," he said in an interview with Time magazine, referencing Senate Republican Leader Mitch McConnell.



He's betting on Republicans and politicans in general of being cheap and selfish and not having to match anything. He should take the lead....write the IRS a nice big check "Here America - just trying to help out." His 'match them dollar for dollar' ploy is just politics....if he believed in what he was saying he would just do it.
 
2012-05-02 10:11:57 AM

karnal: Philip Francis Queeg

karnal: What's stopping Mr Buffett from writting the IRS an extra check come April? He can run his mouth all he wants but if he is paying too little taxes it is because of the "loopholes" his accountants are using.
They all can talk a mean game but their actions speak volumes.

Warren Buffett has a challenge to congressional Republicans who mocked him last year for criticizing the tax code.

The billionaire investor says he'll match them dollar-for-dollar for every contribution they make to pay down the national debt.

"And I'll even go three for one for McConnell," he said in an interview with Time magazine, referencing Senate Republican Leader Mitch McConnell.


He's betting on Republicans and politicans in general of being cheap and selfish and not having to match anything. He should take the lead....write the IRS a nice big check "Here America - just trying to help out." His 'match them dollar for dollar' ploy is just politics....if he believed in what he was saying he would just do it.


If the Republicans cared about the deficit, they'd take him up on his offer. Shouldn't our elected leaders be taking the lead and showing that they are willing to personally sacrifice to bring down the deficit they complain about so much?
 
2012-05-02 10:14:58 AM

karnal: He's betting on Republicans and politicans in general of being cheap and selfish and not having to match anything. He should take the lead....write the IRS a nice big check "Here America - just trying to help out." His 'match them dollar for dollar' ploy is just politics....if he believed in what he was saying he would just do it.


People who take aim at Warren Buffet for not doing the equivalent of donating money to the government really don't understand the issue. They hammer this into the ground over and over about him, the truth is that no rational person would give more taxes to the government on principle, and even if Warren did himself it would make absolutely no dent in the debt. He is advocating tax reform because he thinks everyone should pay a higher tax rate. I happen to think he also knows that as the debt goes up currency exchange rates and risk to the value of the dollar goes up, and fiscal responsibility with the deficit will be better in the long term for everyone, including himself, not to mention government stability being important. He's a very smart guy and people should listen to his ideas, not criticize him for not additionally paying what he thinks is a fair share.
 
2012-05-02 10:16:51 AM
left-wing corporations

the fark?
 
2012-05-02 10:17:23 AM

EWreckedSean: CheatCommando: EWreckedSean: Remember kids, let's go after big oil. I mean, Exxon has a 7.6% profit margin and produces energy. Apple has a 29.6% profit margin and produces cell phones and tablets. It's obvious who we need to go after here to solve our revenue problem.

Let's remember that Apple produces a necessity while Exxon produces only luxury goods.

It must be expensive to have to see a proctologist every time you floss.

So you're argument is that we should tax necessities more than luxuries? Got it.


1. shiat grammar: check.
2. Complete misunderstanding: check

I If you had an original thought once, it probably died of abject loneliness. It's either that, or that thinking causes you severe pain. I can't figure out which.
 
2012-05-02 10:18:19 AM

karnal: bgilmore5

bulldg4life: I heard Warren Buffett pays stupidly low taxes, too. How many rich libs does it take for them to get pissed at that?

Ummm...hmmmm...Where do I start? Just in case you are not trolling. Ever heard of the Buffett rule? That has been proposed because even Warren Buffett thinks his taxes are too low.In all fairness, Coburn is consistent. You won't find too many instances of him flip-flopping.


What's stopping Mr Buffett from writting the IRS an extra check come April? He can run his mouth all he wants but if he is paying too little taxes it is because of the "loopholes" his accountants are using.
They all can talk a mean game but their actions speak volumes.


Read Stephen King's essay on the subject, then shut the fark up.
 
2012-05-02 10:18:22 AM

bdub77: You'd think a bunch of so-called communists would have strong opinions about fair wages and equal pay. Until you realize that China is just as corrupt and capitalistic as the US.


msnbcmedia4.msn.com
Even their dissidents are blind. Secret diplomatic apology to follow soon.
 
2012-05-02 10:18:31 AM

Tarl3k: I believe we are seeing a new species of bullshiat: The "Strawmanus Rex". This is a HUGE strawman. NOBODY is saying that companies like Apple shouldn't be paying a higher tax rate and be prevented from exploiting tax loopholes. However, people like this idiot defend "their side" by pointing out "Hey, look over there, go attack that company, they are just as bad!!!! AND they are NOT an oil company, so they MUST be a left 'left wing' corporation, get 'em!!!!!!" The classic strawman, just taken to a ridiculous extreme by making shiat up...


what the fark are you talking about? The headline? You must be new to fark.
 
2012-05-02 10:19:04 AM
Philip Francis Queeg


karnal: Philip Francis Queeg

karnal: What's stopping Mr Buffett from writting the IRS an extra check come April? He can run his mouth all he wants but if he is paying too little taxes it is because of the "loopholes" his accountants are using.
They all can talk a mean game but their actions speak volumes.

Warren Buffett has a challenge to congressional Republicans who mocked him last year for criticizing the tax code.

The billionaire investor says he'll match them dollar-for-dollar for every contribution they make to pay down the national debt.

"And I'll even go three for one for McConnell," he said in an interview with Time magazine, referencing Senate Republican Leader Mitch McConnell.


He's betting on Republicans and politicans in general of being cheap and selfish and not having to match anything. He should take the lead....write the IRS a nice big check "Here America - just trying to help out." His 'match them dollar for dollar' ploy is just politics....if he believed in what he was saying he would just do it.

If the Republicans cared about the deficit, they'd take him up on his offer. Shouldn't our elected leaders be taking the lead and showing that they are willing to personally sacrifice to bring down the deficit they complain about so much?


I agree with you - but he shouldn't let selfish Republicans stop him from doing what is right, should he? What a cop out that would be.
 
2012-05-02 10:19:32 AM

karnal: if he believed in what he was saying he would just do it.


He says there should be a higher tax rate for higher earners not that super rich people should donate to the government.
 
2012-05-02 10:20:33 AM

CheatCommando: EWreckedSean: CheatCommando: EWreckedSean: Remember kids, let's go after big oil. I mean, Exxon has a 7.6% profit margin and produces energy. Apple has a 29.6% profit margin and produces cell phones and tablets. It's obvious who we need to go after here to solve our revenue problem.

Let's remember that Apple produces a necessity while Exxon produces only luxury goods.

It must be expensive to have to see a proctologist every time you floss.

So you're argument is that we should tax necessities more than luxuries? Got it.

1. shiat grammar: check.
2. Complete misunderstanding: check

I If you had an original thought once, it probably died of abject loneliness. It's either that, or that thinking causes you severe pain. I can't figure out which.


You can always tell when somebody has lost an argument when they have to resort to ad hominems and grammar comments instead of addressing the issue being discussed.
 
2012-05-02 10:28:04 AM

EWreckedSean: You can always tell when somebody has lost an argument when they have to resort to ad hominems and grammar comments instead of addressing the issue being discussed.


sphotos.xx.fbcdn.net
 
2012-05-02 10:30:01 AM

EWreckedSean: CheatCommando: EWreckedSean: CheatCommando: EWreckedSean: Remember kids, let's go after big oil. I mean, Exxon has a 7.6% profit margin and produces energy. Apple has a 29.6% profit margin and produces cell phones and tablets. It's obvious who we need to go after here to solve our revenue problem.

Let's remember that Apple produces a necessity while Exxon produces only luxury goods.

It must be expensive to have to see a proctologist every time you floss.

So you're argument is that we should tax necessities more than luxuries? Got it.

1. shiat grammar: check.
2. Complete misunderstanding: check

I If you had an original thought once, it probably died of abject loneliness. It's either that, or that thinking causes you severe pain. I can't figure out which.

You can always tell when somebody has lost an argument when they have to resort to ad hominems and grammar comments instead of addressing the issue being discussed.


When you act like a moron in a discussion and somebody calls you a moron in the discussion its relevant to the discussion and not an ad hominem attack.
 
2012-05-02 10:31:48 AM

EWreckedSean: You can always tell...


You mean like bringing up oil companies?
 
2012-05-02 10:34:23 AM
Wait, I thought the right wing believed we're taxing our poor corporate overlords into bankruptcy. Is that not the case?

So low tax rates are a problem when a perceived left leaning corporation pays, but not for instance when an oil company pays a low rate. And calls to raise the corporate rate are socialism.

/Apple, Google are not leftist
//anyone who thinks MS is anything other than a corporate predator doesn't know MS' history
 
2012-05-02 10:35:51 AM
my.is

Crying about 'ad hominem' attacks after you call someone a 'twat' is special.
 
2012-05-02 10:38:21 AM

Dahnkster: [my.is image 315x466]

Crying about 'ad hominem' attacks after you call someone a 'twat' is special.


I see irony is lost on you as well, shockingly...
 
2012-05-02 10:39:06 AM
So clarify this for me...is Republican policy now?

Kill them all
or
Starve them until they die

direct or indirect?

/taking care of liberals, independents or anyone not Right enough is such a pain...
 
2012-05-02 10:41:05 AM

MyRandomName: Yakk: Exxon's 2010 US taxes:

U.S. federal: -$156 million
U.S. state and local: $110 million

Total US taxes -$46 million

Please learn what forwarding tax losses means and why using the 2010 year is utterly retarded. Using single year taxes for any company is retarded as their tax statements can include notes from multiple years.


Please learn to pay attention to the thread, this was to demonstrate the selective outrage of a politician who is a shill for a particular industry.
 
2012-05-02 10:41:15 AM

jules_siegel: Apple is left wing?

 
2012-05-02 10:43:47 AM

bdub77: karnal: He's betting on Republicans and politicans in general of being cheap and selfish and not having to match anything. He should take the lead....write the IRS a nice big check "Here America - just trying to help out." His 'match them dollar for dollar' ploy is just politics....if he believed in what he was saying he would just do it.

People who take aim at Warren Buffet for not doing the equivalent of donating money to the government really don't understand the issue. They hammer this into the ground over and over about him, the truth is that no rational person would give more taxes to the government on principle, and even if Warren did himself it would make absolutely no dent in the debt. He is advocating tax reform because he thinks everyone should pay a higher tax rate. I happen to think he also knows that as the debt goes up currency exchange rates and risk to the value of the dollar goes up, and fiscal responsibility with the deficit will be better in the long term for everyone, including himself, not to mention government stability being important. He's a very smart guy and people should listen to his ideas, not criticize him for not additionally paying what he thinks is a fair share.


slight correction - WB thinks that people in his class should see higher taxes. Not everyone. He has mentioned that he thinks further tax cuts for lesser income levels is a good thing.
 
2012-05-02 10:44:05 AM
This thread is dildos.
 
2012-05-02 10:45:35 AM

EWreckedSean: see irony is lost on you as well, shockingly...


The term you are looking for is 'moronic' not 'ironic'. You were all over the place and had your ass handed to you...shockingly
 
2012-05-02 10:50:31 AM

bdub77: I think we should make corporate taxes insanely low or nonexisten


I am for this provided that in return for this special tax consideration, these individuals in the eyes of the law voluntarily cede their supposed First Amendment rights as well.

Otherwise, tax corporate income exactly the same as you tax any other person making that income.
 
2012-05-02 10:50:34 AM

thurstonxhowell: This thread is dildos.


Dildos all the way down.

As a complete aside I would just like to thank whoever is responsible for getting rid of the Mitt Romney "1 invisible dick" pic and replacing it with Sophia Vergara's "visible decolletage" pic.

Upgrades are good.
 
2012-05-02 10:54:01 AM

Debeo Summa Credo: Lord_Baull: Not going to click the link, but it's probably safe to bet the essence of the article is:
Both sides are bad, so vote Republican.

No, not even close.


Wooly Bully: Lord_Baull: Not going to click the link, but it's probably safe to bet the essence of the article is:
Both sides are bad, so vote Republican.

That was a good guess, but no, it was actually a decent piece.

Apple, Google, Microsoft and many others have been playing this game for a long time. Good to see that people are starting to pay attention.




Good, I guess it's safe to RTFA without damaging brain cells.
 
2012-05-02 11:05:50 AM

quatchi: As much as I hate to agree with Tom Coburn he's right about corporations like Apple using their foreign subsidiaries to dump profits into in order to pay less in taxes.

The fact that they pioneered some of the tax dodging schemes and are now encouraging other American based multi-national corporations to do the same thing does make them a fair target.

Somehow I find it hard to believe that anyone on the GOP is ever gonna actually do anything about it but the discussion is certainly useful and timely.


And here is the difference between liberals and conservatives.
Liberals will admit when their side does something bad. (I'm a liberal who hates apple with a passion)
Conservatives would jump off bridges if the President came out and said Don't jump off Bridges.
 
2012-05-02 11:06:18 AM

ultraholland: "Apple" is to "left wing" as "Saturn V rocket" is to "a house"


3.bp.blogspot.com

And by the way, could those of you suggesting that Warren Buffet should donate to the federal government please explain to me what the fark that has to do with a discussion about optimal tax rates?
 
2012-05-02 11:08:14 AM

Dahnkster: EWreckedSean: see irony is lost on you as well, shockingly...

The term you are looking for is 'moronic' not 'ironic'. You were all over the place and had your ass handed to you...shockingly


No I used the right term But you not getting it isn't shocking. At all.
 
2012-05-02 11:14:20 AM

EWreckedSean: No I used the right term But you not getting it isn't shocking. At all.


All over the place.
 
2012-05-02 11:17:51 AM
Is this the thread where I profess my love for Sofia Vergara's rack?
 
2012-05-02 11:18:00 AM

bulldg4life: I heard Warren Buffett pays stupidly low taxes, too. How many rich libs does it take for them to get pissed at that?


So you are saying the Koch brothers are asking to have their taxes increased like he is? Oh wait, they aren't.

There is a little thing called hypocrisy.
 
2012-05-02 11:21:16 AM

mainstreet62: Is this the thread where I profess my love for Sofia Vergara's rack?


i2.listal.com

si

/she's a natural blond
//often dyes it brown to appear more like a prototypical latina for roles
///true story
 
2012-05-02 11:22:52 AM

Happy Hours: Lord_Baull: Not going to click the link, but it's probably safe to bet the essence of the article is:
Both sides are bad, so vote Republican.

Well, it was Tom Coburn who said he blames both parties (for not talking about the real problems) on Charlie Rose, but that's pretty far from what the actual article said.

Does it make you feel good to remain willfully ignorant by not clicking articles that you assume you won't agree with?




Willfully ignorant of derp, sure. I feel very, very good that I remain willfully ignorant of right-wing talking points. I did, however, read the article after it was posted my initial assertions were incorrect, so you get a big pat on the head, Sparky.
 
2012-05-02 11:25:18 AM

Angry Drunk Bureaucrat: proteus_b: how is apple a "left wing" corporation?

You've not seen their iAbort app for the iphone?


Brilliant!!
 
2012-05-02 11:26:48 AM
This is the same Tom Coburn who knew about David Vitter's whore hobby and John Ensign's staff schtupping, but wouldn't report it, claiming he acted as their "spiritual advisor" among their cult of pay-for-play evangelicals, right?

Yeah, screw him with a rusty railroad spike until his intestines spill out of his cornhole.
 
2012-05-02 11:27:23 AM

EyeballKid: This is the same Tom Coburn who knew about David Vitter's whore hobby and John Ensign's staff schtupping, but wouldn't report it, claiming he acted as their "spiritual advisor" among their cult of pay-for-play evangelicals, right?

Yeah, screw him with a rusty railroad spike until his intestines spill out of his cornhole.


so... you don't think Apple should pay more taxes?
 
2012-05-02 11:29:00 AM
cache.gawkerassets.com

Only a left-wing device would have a vibrating pleasure app. Dildos indeed.
 
2012-05-02 11:30:32 AM

skullkrusher: EyeballKid: This is the same Tom Coburn who knew about David Vitter's whore hobby and John Ensign's staff schtupping, but wouldn't report it, claiming he acted as their "spiritual advisor" among their cult of pay-for-play evangelicals, right?

Yeah, screw him with a rusty railroad spike until his intestines spill out of his cornhole.

so... you don't think Apple should pay more taxes?


They should pay their fair share, just like all corporations should. But I won't listen to a word that Tom Coburn says unless he's talking as a result of being subpoenaed. He willfully withheld information of his buddies' wrongdoings. He's a disingenuous criminal POS, and the people who vote for him should feel ashamed.
 
2012-05-02 11:30:48 AM
Apple is a "left-wing" company ?
 
2012-05-02 11:33:38 AM

mainstreet62: Is this the thread where I profess my love for Sofia Vergara's rack?



Any thread is appropriate.
 
2012-05-02 11:34:00 AM

Somacandra: Apple is a "left-wing" company ?


Well, yeah. They're a tech firm, and young people buy their products. That makes them "left wing", right?
 
2012-05-02 11:35:47 AM

HeartBurnKid: Somacandra: Apple is a "left-wing" company ?

Well, yeah. They're a tech firm, and young people buy their products. That makes them "left wing", right?


Or, more likely in this case, they don't give enough to Sen. Tom Coburn's re-election campaign.
 
2012-05-02 11:40:55 AM

Somacandra: Apple is a "left-wing" company ?


Well, it ain't a right wing company, you can't get their shiat at Walmart.
 
2012-05-02 11:42:52 AM

mainstreet62: Somacandra: Apple is a "left-wing" company ?

Well, it ain't a right wing company, you can't get their shiat at Walmart.


Actually, you can, but that's the bottle of fine wine Walmart shoppers simply can't afford.
 
2012-05-02 11:47:47 AM

mainstreet62: Well, it ain't a right wing company, you can't get their shiat at Walmart.


Unless you have money. Then you can totally get their shiat at Walmart.
 
2012-05-02 11:50:33 AM

EWreckedSean: WhoIsNotInMyKitchen: I pretty much think the GOP is one of the most evil organizations on the planet, but some of what Imhoe said actually made sense... partially. The tax / regulatory structure in the US is screwy and needs reform. The ability for Apple and these other global firms to hide their profits and cash offshore is simply because the current tax system LETS them. It needs a complete restructure that undobtedly includes lowering the nominal tax rate and eliminating loopholes/credits/etc...

But beyond that it also needs to have policies that will help the country and workers, not just bottom line profits for executives. Things like installing big tax disincentives for offshoring, increasing import tariffs, etc... This whole "Job killing regulation / freer trade is good for everybody" mantra has clearly been proven false.

The BS of IBM basically moving to offshore everyone except sales and management is EXACTLY what government and tax policy is meant to address. When you put it a system that encourages a global "race to the bottom", you are just institutionalizing an economy of grand masters and an army of serfs. This type of structure is why Rich Saudis all think they are awesome business people... they aren't, they just have corrupt business deals implemented by armies of literal slaves from Pakistan, indonesia, the phillipines, etc... Unfortunately, the Saudi Model is exactly what the GOP has been following for the last 30 years as well.

Its all so farked up and institutionalized at this point in both parties that I honestly don't see any serious reform happening until the whole house of cards collapses. It really makes me sad for my kids.

Doesn't the globe already do that on it's own? If you can manufacture a widget for $1 in China and $25 in the US. if you set up a tax code that forces manufacturing back to the US prices, how do companies then compete globally against foreign companies with no such burden?


Trade barriers and tariffs. Complete unrestricted trade will inevitably take you to the lowest common denominator for everyone but the people at the top.
 
2012-05-02 11:55:21 AM
I've said it before and I'll say it again: Republicans are the real life version of a wrestling heel, especially when Democrats/anyone on the left plays the game with the rules *they* set.

No small wonder why they hated Clinton for years and they hate Obama now for the Bin Laden ad.
 
2012-05-02 11:57:31 AM

skullkrusher: mainstreet62: Is this the thread where I profess my love for Sofia Vergara's rack?

[i2.listal.com image 480x429]

si

/she's a natural blond
//often dyes it brown to appear more like a prototypical latina for roles
///true story


Seriously, she should stay blonde. QUIERO~!
 
Displayed 50 of 177 comments

First | « | 1 | 2 | 3 | 4 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »






Report