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Economics Discuss US firm plans move to Dublin as Obama curbs tax havens at the Political Forums; Originally Posted by saltwn “Render unto Caesar the things which are Caesar’s, and unto God the things that are God’s” ...

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Old 05-30-2009, 01:45 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

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Originally Posted by saltwn View Post
“Render unto Caesar the things which are Caesar’s, and unto God the things that are God’s” Matthew 22:21
God only asks for 10% does Caesar deserve more than God?
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Old 05-30-2009, 02:21 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

Maybe a google search can put more light on this debate.

Snapshot of Accenture Ltd. (ACN)
OPEN$30.39 PREVIOUS CLOSE$30.00
DAY HIGH$30.39 DAY LOW$29.46
52 WEEK HIGH09/19/08 - $43.04 52 WEEK LOW10/10/08 - $24.76
MARKET CAP18.4B AVERAGE VOLUME 3 mo3.6M
DILUTED EPS TTM$2.78 SHARES OUTSTANDING613.2M
EX-DATE10/8/08 P/E TTM10.8x
DIVIDEND$0.50 DIVIDEND YIELD1.67%
K = Thousands M = Millions B = Billions
BUSINESS EXCHANGE RELATED TOPIC
Accenture

MAP HERE............

1 Day 5 Day 6 Month 1 Year 5 Year

PAGE 1 of 586,000.....................
Accenture Ltd. (ACN): Stock Quote & Company Profile - BusinessWeek
GOOGLE SEARCH: Accenture Ltd. - Google Search
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Old 05-30-2009, 02:29 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

Topeka had the Pay less shoe branch warehouse announce yesterday it was pulling out to go overseas. Russia and several other places were mentioned. So I concluded it was leaving for better deals and less pay to employees, any wheres it could get them. (I can't recall the parent company which made the announcement)
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Old 05-30-2009, 04:35 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

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Topeka had the Pay less shoe branch warehouse announce yesterday it was pulling out to go overseas. Russia and several other places were mentioned. So I concluded it was leaving for better deals and less pay to employees, any wheres it could get them. (I can't recall the parent company which made the announcement)
Here is the thing. We are in a global market. I sell a product that I made here. I was competing against the Japanewse that had similar costs. Then they moved their operations to China to take advantage of the cheap labor costs. I couldn't afford to compete with them. So I partnered with a Chinese manufacturer myself. Then I was back in business.
But here is the difference. I would have been happy with less profits and stay here. But my choice was no business or doing business in China. I chose to stay in business. Its the way it is now. What can you do about it?
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Old 05-30-2009, 04:58 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

Let them move to Dublin,they can leave behind their employees and we can confiscate all of their assets and bar future trade with them.These companies believe they owe us nothing....the feeling is mutual...bye bye...
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Old 05-30-2009, 07:01 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

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Topeka had the Pay less shoe branch warehouse announce yesterday it was pulling out to go overseas. Russia and several other places were mentioned. So I concluded it was leaving for better deals and less pay to employees, any wheres it could get them. (I can't recall the parent company which made the announcement)
They didn't make shoes in America any way, hopefully this will open the door for some loical craftsmen. Good riddance.
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Old 05-30-2009, 10:23 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

You guys are missing the point, Mikeyy I know your postition of "just raise taxes because goverment wont stop spending". Businesses are charged to do one thing, make a profit....

Spence what does your business owe and to whom? What if you wanted to move to Kentwood? Say GR raised you taxes and all you had to do was move ten blocks to keep the same tax rate. Lets say your business was already on the margin and a raise of 5% put you in the red?

Another good question is, "who pays the taxes anyway?". Say we are successful in imposing taxes on US companies abroad, who in the end pays those taxes? Is it an inattimate company or the people that make up that company through lost revenue?
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Old 05-30-2009, 10:52 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

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You guys are missing the point, Mikeyy I know your postition of "just raise taxes because goverment wont stop spending". Businesses are charged to do one thing, make a profit....

Spence what does your business owe and to whom? What if you wanted to move to Kentwood? Say GR raised you taxes and all you had to do was move ten blocks to keep the same tax rate. Lets say your business was already on the margin and a raise of 5% put you in the red?

Another good question is, "who pays the taxes anyway?". Say we are successful in imposing taxes on US companies abroad, who in the end pays those taxes? Is it an inattimate company or the people that make up that company through lost revenue?
Listen...I don't care if they move to Dublin as long as they pay any and all back taxes.However...we are not "required" to import their goods.It's none of your business what my business owes,I pay very little tax thanks to depreciation...

The dirty little secret is that the "consumer" pays most of the business tax.Another secret is that America itself is a business but people are starting to catch on.Attempts were made to outsource even our security,our sovereignty was sold long ago,I find that a little disturbing...

I don't believe in protectionism,but I do believe that the rules should demand fairness when it comes to trade.American labor must compete against companies that other nations subsidize.If we just sit back and allow that to continue.. the middle class will become a memory or it's membership will be greatly reduced.These are the things revolutions are made of...
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Old 05-30-2009, 10:53 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

Actually what I have said is that the rights starve the beast strategy has never worked. Hey I am not happy with the Dems either in this. Obama is the only one talking about cutting government spending. The right hasn't cut crap. In fact where did medicare part D come from? The left hasn't been any better. What do you want to do? Allow tax havens or solve the problem? Believe me, I have been in business most of my adult life. I understand making a profit. I don't think I need the trials and tribulations of international business explained to me. Really. But why go after Obama for putting an end to tax havens?
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Originally Posted by Rush L View Post
You guys are missing the point, Mikeyy I know your postition of "just raise taxes because goverment wont stop spending". Businesses are charged to do one thing, make a profit....

Spence what does your business owe and to whom? What if you wanted to move to Kentwood? Say GR raised you taxes and all you had to do was move ten blocks to keep the same tax rate. Lets say your business was already on the margin and a raise of 5% put you in the red?

Another good question is, "who pays the taxes anyway?". Say we are successful in imposing taxes on US companies abroad, who in the end pays those taxes? Is it an inattimate company or the people that make up that company through lost revenue?
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Old 05-30-2009, 11:27 PM
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Default Re: US firm plans move to Dublin as Obama curbs tax havens

If you are an American and you start a businesss here, even if you sell globaly, WHY shouldn't you have to pay taxes here in America?
That sounds like you want to have special privaleges.
And it sounds criminal.
I used to sell craft items. Should I get incorporated in Bermuda or Ireland to cheat on my American taxes?
No. I would not do that. And I'm sure most of you wouldn't either.
So why let these guys get away with cheating on their taxes?
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