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gatt wrote:
"Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... Larry Dighera wrote: I'm not fixated on Halliburton. I've just used Halliburton's fleeing to an Arab country to escape paying US income taxes as an example of how _unrestrained_ competition causes both buyers and sellers to become victims. The fact that a company large or small would leave the US to reduce the amount of taxes they have to pay ought to show you that taxes are too high in this country. Unless the purchasers of the company aren't domestic in the first place. Purchasers of what? The company's stock? Their product or service? |
#2
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![]() "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... The fact that a company large or small would leave the US to reduce the amount of taxes they have to pay ought to show you that taxes are too high in this country. Unless the purchasers of the company aren't domestic in the first place. Purchasers of what? The company's stock? The company. IE, I'm a corporation in Asia or Europe, I'm acquiring your company (say, Chrysler), I'm moving it outside of the US. Not because the taxes are too high, but because I can. -c |
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gatt wrote:
"Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... The fact that a company large or small would leave the US to reduce the amount of taxes they have to pay ought to show you that taxes are too high in this country. Unless the purchasers of the company aren't domestic in the first place. Purchasers of what? The company's stock? The company. IE, I'm a corporation in Asia or Europe, I'm acquiring your company (say, Chrysler), I'm moving it outside of the US. Not because the taxes are too high, but because I can. Do you have some information that the reason for the move is that Halliburton is being purchased? I haven't heard that? All I've heard is they are moving there because that is where the business is thought the general feeling is they are doing it for the tax advantages. I think it is probably a little of both. |
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