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#1
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GE pays no income tax
Robert Green wrote:
Are you saying that if the US Congress put their mind to it they *couldn't* close the loopholes that allow companies to move offshore so easily? Not that they ever would, but in light of their threats to claw back the obscene AIG bonuses, it seems that they might indeed have the power to pass laws saying "You can leave, but it's going to cost you dearly." I'd have no heartache with making American companies that built their fortune here leave a lot of it at the door when they leave. I would feel better about than then dissolving bargaining agreements and union busting. Teachers aren't playing off-shore keep-away with the IRS but they're the ones paying for companies that do. As you may know, Caterpillar sent a letter to the governor of Illinois citing the recent 66% increase in the state's corporate income tax as a BIG incentive to move 23,000 manufacturing jobs to a different state. The governors Indiana, Ohio, Texas, and several other states immediately sent letters to the CEO of Caterpillar saying "We'd be honored to host your company right here." Moving one's operation from Illinois to Kansas is conceptually not much different from moving from the U.S. to the Lesser Antilles. |
#2
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GE pays no income tax
In article ,
"HeyBub" wrote: As you may know, Caterpillar sent a letter to the governor of Illinois citing the recent 66% increase in the state's corporate income tax as a BIG incentive to move 23,000 manufacturing jobs to a different state. The governors Indiana, Ohio, Texas, and several other states immediately sent letters to the CEO of Caterpillar saying "We'd be honored to host your company right here." Moving one's operation from Illinois to Kansas is conceptually not much different from moving from the U.S. to the Lesser Antilles. Actually easier. I-65 is much easier to transverse than the Caribbean Sea (grin). -- "Even I realized that money was to politicians what the ecalyptus tree is to koala bears: food, water, shelter and something to crap on." ---PJ O'Rourke |
#3
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GE pays no income tax
On Wed, 30 Mar 2011 09:52:13 -0400, Kurt Ullman wrote:
In article , "HeyBub" wrote: As you may know, Caterpillar sent a letter to the governor of Illinois citing the recent 66% increase in the state's corporate income tax as a BIG incentive to move 23,000 manufacturing jobs to a different state. The governors Indiana, Ohio, Texas, and several other states immediately sent letters to the CEO of Caterpillar saying "We'd be honored to host your company right here." Moving one's operation from Illinois to Kansas is conceptually not much different from moving from the U.S. to the Lesser Antilles. Actually easier. I-65 is much easier to transverse than the Caribbean Sea (grin). Except that Peoria is on I-74 and neither go anywhere near Kansas. ;-) |
#4
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GE pays no income tax
In article ,
" wrote: On Wed, 30 Mar 2011 09:52:13 -0400, Kurt Ullman wrote: In article , "HeyBub" wrote: As you may know, Caterpillar sent a letter to the governor of Illinois citing the recent 66% increase in the state's corporate income tax as a BIG incentive to move 23,000 manufacturing jobs to a different state. The governors Indiana, Ohio, Texas, and several other states immediately sent letters to the CEO of Caterpillar saying "We'd be honored to host your company right here." Moving one's operation from Illinois to Kansas is conceptually not much different from moving from the U.S. to the Lesser Antilles. Actually easier. I-65 is much easier to transverse than the Caribbean Sea (grin). Except that Peoria is on I-74 and neither go anywhere near Kansas. ;-) Still easier. Peoria is only around a 4 hour drive to Indy. Boring drive, Lord knows I made it often enough before the riverboats opened in Indiana (g). -- "Even I realized that money was to politicians what the ecalyptus tree is to koala bears: food, water, shelter and something to crap on." ---PJ O'Rourke |
#5
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GE pays no income tax
On Sat, 02 Apr 2011 08:58:28 -0400, Kurt Ullman wrote:
In article , " wrote: On Wed, 30 Mar 2011 09:52:13 -0400, Kurt Ullman wrote: In article , "HeyBub" wrote: As you may know, Caterpillar sent a letter to the governor of Illinois citing the recent 66% increase in the state's corporate income tax as a BIG incentive to move 23,000 manufacturing jobs to a different state. The governors Indiana, Ohio, Texas, and several other states immediately sent letters to the CEO of Caterpillar saying "We'd be honored to host your company right here." Moving one's operation from Illinois to Kansas is conceptually not much different from moving from the U.S. to the Lesser Antilles. Actually easier. I-65 is much easier to transverse than the Caribbean Sea (grin). Except that Peoria is on I-74 and neither go anywhere near Kansas. ;-) Still easier. Peoria is only around a 4 hour drive to Indy. Boring drive, Lord knows I made it often enough before the riverboats opened in Indiana (g). I know. I lived half-way between, until I graduated college. ;-) |
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