President Biden To End Tax Havens For The Mega Rich

[Billiejeens]

If countries quit wasting so much on war that would help a lot also.

Do they burn that money?

 

[Billiejeens]

Yeah, there are a lot of one-percenters and corporations who pay no federal taxes, and it certainly does put a burden on the rest of us.

You stupid, fraud boy.

 

[Billiejeens]

They didn't compare their income tax paid to their actual income?



ProPublica lied.

That's SOP.

 

[pknopp]

Do they burn that money?

Pretty much.

 

[Billiejeens]

Pretty much.

They don't
The money gets circulated.
Which is what money does.

 

[Unkotare]

They don't
The money gets circulated.
Which is what money does.

It eventually gets shredded.

 

[Billiejeens]

It eventually gets shredded.

The same shredder apparatus that non-war money goes into, yes?

 

[pknopp]

They don't
The money gets circulated.
Which is what money does.

Death and destruction to keep the economies churning.

 

[skews13]

wrong. just fking wrong, you got nothing. We were all mostly against the Iraq war under bush 2.

Afghanistan as well. Trump was working on getting our troops home! creepy failed it.

creepy is fighting russia through a contractor ukraine. there's that, so basically you shot yourself on that one.

For gaza, Hamas must release all hostages or fk off.

So explain exactly how Biden was supposed to go back in time and interupt Trump bringing home troops from Afghanistan?

This should be good

 

[jc456]

So explain exactly how Biden was supposed to go back in time and interupt Trump bringing home troops from Afghanistan?

This should be good

well trump wasn't president when creepy brought the last troops home?

 

[Soupnazi630]

When some people get to avoid taxes, the burden is heavier on the rest of us. And it’s not easy to fight tax havens, since most are abroad and the mega-rich are always finding new ways to hide their money.

The world’s most powerful nations agreed on Friday to a sweeping overhaul of international tax rules, with officials backing a 15 percent global minimum tax and other changes aimed at cracking down on tax havens that have drained countries of much-needed revenue.

Many of our international partners, including many of the world’s largest economies, have implemented or will soon implement this transformational agreement. The President’s Budget proposes to do the same by reforming the international tax system to reduce the incentives to book profits in low-tax jurisdictions, stopping corporate inversions to tax havens, and raising the tax rate on U.S. multinationals’ foreign earnings from 10.5 percent to 21 percent. These reforms would ensure that profitable multinational corporations, including Big Pharma, pay their fair share.

President Biden Is Out to End Tax Havens for the Mega-Rich: Boosting Biden Day 106

So what are tax havens, anyway? The EU tells us: “Tax havens”�provide taxpayers, both�[corporations] and natural persons, with opportunities for tax avoidance, while their secrecy and opacity ...

www.dailykos.com

Thanks President Biden. These scofflaws have entirely to much money to spend on political campaigns. Lets relieve them of that extra money to pay back to the societies they robbed it from. Then pass laws putting the golden parachute crowd in prison, when they try to hide the money. You can deal with these billionaires. Just let them eat the fine cuisine of a federal prison for several years.

the tax burden is not made heavier by others paying less. it is made heavy by government demanding money it does not need from people.

No one steals from society by not paying taxes. Money is not some pie that we all share in. They earn that wealth and have a right to it. It is not something taken from others.

Fair share is strictly subective meaning it is just as fair to pay ZERO.

Also the working class and lower income classes evade and dodge taxes as much or more than the wealthy they simply do it in different ways. What those mega rich are doing is no different than what the restof us are doing.


Rather than worrying about the details of who is evading taxes and how the entire nation should get a massive cut. to sart with all taxes should be cut to match every dime given to foreign nations.

 

[Roudy]

Yeah like he signed all those catastrophic executive executive orders when he took office.

 

[jc456]

the tax burden is not made heavier by others paying less. it is made heavy by government demanding money it does not need from people.

No one steals from society by not paying taxes. Money is not some pie that we all share in. They earn that wealth and have a right to it. It is not something taken from others.

Fair share is strictly subective meaning it is just as fair to pay ZERO.

Also the working class and lower income classes evade and dodge taxes as much or more than the wealthy they simply do it in different ways. What those mega rich are doing is no different than what the restof us are doing.


Rather than worrying about the details of who is evading taxes and how the entire nation should get a massive cut. to sart with all taxes should be cut to match every dime given to foreign nations.

Maybe stop printing money

 

[Orangecat]

A thief will find a way.

Yeah. Like claiming their 11,000 square foot apartment is 30,000 square feet.

How would that qualify as theft?

 

[BackAgain]

When some people get to avoid taxes, the burden is heavier on the rest of us. And it’s not easy to fight tax havens, since most are abroad and the mega-rich are always finding new ways to hide their money.

The world’s most powerful nations agreed on Friday to a sweeping overhaul of international tax rules, with officials backing a 15 percent global minimum tax and other changes aimed at cracking down on tax havens that have drained countries of much-needed revenue.

Many of our international partners, including many of the world’s largest economies, have implemented or will soon implement this transformational agreement. The President’s Budget proposes to do the same by reforming the international tax system to reduce the incentives to book profits in low-tax jurisdictions, stopping corporate inversions to tax havens, and raising the tax rate on U.S. multinationals’ foreign earnings from 10.5 percent to 21 percent. These reforms would ensure that profitable multinational corporations, including Big Pharma, pay their fair share.

President Biden Is Out to End Tax Havens for the Mega-Rich: Boosting Biden Day 106

So what are tax havens, anyway? The EU tells us: “Tax havens”�provide taxpayers, both�[corporations] and natural persons, with opportunities for tax avoidance, while their secrecy and opacity ...

www.dailykos.com

Thanks President Biden. These scofflaws have entirely to much money to spend on political campaigns. Lets relieve them of that extra money to pay back to the societies they robbed it from. Then pass laws putting the golden parachute crowd in prison, when they try to hide the money. You can deal with these billionaires. Just let them eat the fine cuisine of a federal prison for several years.

Zzz. How the fuck is Potato going to “end” any alleged tax “havens?”

 

[jc456]

Zzz. How the fuck is Potato going to “end” any alleged tax “havens?”

you know how the demofks scream daily about trump thinking he's god? Well they think that creepy xiden actually is!!! Projecting is their number one existence!