tag:blogger.com,1999:blog-4900303239154048192.post2542152811498679543..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: GE Capital and Repatriation TaxesUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4900303239154048192.post-28327514338038591562015-04-16T14:12:34.902-04:002015-04-16T14:12:34.902-04:00oh, i see--i considered that possibility. perhaps ...oh, i see--i considered that possibility. perhaps now would be a good time to buy and enslave alot of people overseas, so when they change the law on slavery i can bring them here to do some chores and other stuff (eg be an escort like sallie hemmings was for jefferson in france etc.) maybe we should close the borders and not permit repatriation (some clubs i have gone to dont allow 'ins and outs' because they pat you down one time and dont want you to go out and bring in something you hid in a trash can), or we could say 'welcome home' (old song by hugh masekela--s africa) patriot dollars or bitcoinsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-43970100931416451372015-04-16T12:03:40.411-04:002015-04-16T12:03:40.411-04:00Media - my bet is that these multinationals are ho...Media - my bet is that these multinationals are hoping that their Republican friends in Congress will one day get rid of the repatriation tax. We had that holiday in 2004. And even Obama is willing to lower the tax rate to 19%.ProGrowthLiberalhttps://www.blogger.com/profile/17138489390594441753noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-69862835273947436832015-04-16T05:22:41.364-04:002015-04-16T05:22:41.364-04:00I actually don't know what the reason is for c...I actually don't know what the reason is for corporations parking their money overseas. Could you explain the logic? (I can come up with some reasons---simply to defer taxation, to spend it consumption or investment abroad without ever bring it back or having it taxed etc.)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-66644912919765528272015-04-14T19:26:02.160-04:002015-04-14T19:26:02.160-04:00If I earn income overseas, I owe IRS taxes on it i...If I earn income overseas, I owe IRS taxes on it immediately -- not when I return to the US, not when there's a special tax holiday, i have to file quarter withholding like self-employed people and then a 1040 at the end of the year just as if I lived in the United States. Why do I as an individual have to do this on earnings that will never see US soil, while GE gets to wait until they repatriate the earnings? Oh wait, that's right, they've given bribes err "campaign contributions" (same freakin' thing) to politicians. Alrighty, then!BadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.com