In this undated video, Elizabeth Warren asks government regulators when they last prosecuted a big bank for violating the law. They answer by saying that they settle with the banks who pay some penalty. I recommend that you view this to the end for her zinger comparison to other situations.
Showing posts with label individual. Show all posts
Showing posts with label individual. Show all posts
Wednesday, February 20, 2013
Tuesday, March 29, 2011
Corporations receive more benefits than people
I attempted to make a comment on Yahoo Finance in response to "Why the U.S. Tax Code Puts American Companies at a Massive Disadvantage", Rebecca Stropoli, Daily Ticker, 2011-03-28.
This happened to me before because I included a link in my comment, but this time I could find nothing that violated Yahoo's rules.
My comment was:
If Congress is going to support U.S. companies not paying U.S. taxes on earnings outside the U.S., why not support U.S. citizens not paying taxes on earnings outside the U.S.?
It is a bit onerous for an individual to fill out two tax forms: one for the country one is working in, and one for the U.S., a country one might not visit for a couple of years.
This happened to me before because I included a link in my comment, but this time I could find nothing that violated Yahoo's rules.
My comment was:
If Congress is going to support U.S. companies not paying U.S. taxes on earnings outside the U.S., why not support U.S. citizens not paying taxes on earnings outside the U.S.?
It is a bit onerous for an individual to fill out two tax forms: one for the country one is working in, and one for the U.S., a country one might not visit for a couple of years.
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