Caterpillar has avoided paying $2.4 billion in U.S. taxes since 2000 by shifting prof

[guno]

And the cockroach parasite republicans applaud


Sen. Paul: Give Caterpillar Award for Tax Strategy - ABC News

 

[M14 Shooter]

Did they break the law?
No?
Then you're just whining.

 

[Mr. H.]

That's MISTER cockroach parasite republican to you, bub.

 

[Moonglow]

Tax avoision at it's best.....

 

[westwall]

And the cockroach parasite republicans applaud


Sen. Paul: Give Caterpillar Award for Tax Strategy - ABC News

Ummmmm, I notice you're ignoring GE and APPLE because they are Obama supporters. If you only attack one side you just expose yourself as a fraud. Fraud....

 

[The T]

More wealth envy whiney shit from Guano. Maybe he thinks his Gubmint check is in peril because Caterpillar is hoarding their own money.

 

[RandomVariable]

Did they break the law?
No?
Then you're just whining.

Of course they did not break the law. Who do you think wrote the law? It definitely was not the common man.

 

[RandomVariable]

More wealth envy whiney shit from Guano. Maybe he thinks his Gubmint check is in peril because Caterpillar is hoarding their own money.

Maybe they should go find their own country.

 

[boedicca]

And the cockroach parasite republicans applaud


Sen. Paul: Give Caterpillar Award for Tax Strategy - ABC News

Once again, Guano proves he's a moron.

Caterpillar is keeping international profits outside of the U.S. It's perfectly legal. If the U.S. didn't have an insane tax policy towards foreign earnings, then perhaps it would make sense for Caterpillar to repatriate some of that money.

But as our tax policy is highly punitive, it is in the interest of CAT's shareholders to hold the profits offshore. The CAT management have a fiduciary responsibility to their shareholders (many of whom are retired people living on pensions funded in part by CAT shares) to not overpay on taxes.

 

[RandomVariable]

Cat | Governmental / Defense | Caterpillar

They certainly do not mind taking taxpayers dollars.

 

[Two Thumbs]

And the cockroach parasite republicans applaud


Sen. Paul: Give Caterpillar Award for Tax Strategy - ABC News

That's weird since Il, a dem run state, bribed Cat to stay.

sounds to me like they like having them around instead of off shore

 

[The T]

Did they break the law?
No?
Then you're just whining.

Of course they did not break the law. Who do you think wrote the law? It definitely was not the common man.

Showing your GREED? It's theirs and NO YOU can't have one cent of it. DEAL with it.

 

[RandomVariable]

Did they break the law?
No?
Then you're just whining.

Actually they did:

Caterpillar skirted $2.4 billion in taxes, Senate report says - The Washington Post

...

The subcommittee staff found that from 2000 to 2012, Peoria, Ill.-based Caterpillar moved $8 billion it earned in the United States to Switzerland after negotiating an effective tax rate of 4 percent with the Swiss government. Caterpillar redirected the money it made selling replacement parts for its machines to Swiss affiliate CSARL, according to the report.

...

If a middle-class American tried this they would go to jail for years. That "corporations are people too" bs is exactly that. Cat will probably pay a measly fine and the senior management will get 7/8 figure bonuses. Christ M14, whose side are you on anyway?

 

[RandomVariable]

Did they break the law?
No?
Then you're just whining.

Of course they did not break the law. Who do you think wrote the law? It definitely was not the common man.

Showing your GREED? It's theirs and NO YOU can't have one cent of it. DEAL with it.

I hope your car breaks an axle next pothole it hits.

 

[The T]

Of course they did not break the law. Who do you think wrote the law? It definitely was not the common man.

Showing your GREED? It's theirs and NO YOU can't have one cent of it. DEAL with it.

I hope your car breaks an axle next pothole it hits.

BEST you can do? What's the matter? YOUR gubmint Check in peril too RandomFoible?

 

[westwall]

Cat | Governmental / Defense | Caterpillar

They certainly do not mind taking taxpayers dollars.

Point to a corporation that doesn't.

 

[auditor0007]

Did they break the law?
No?
Then you're just whining.

If companies can find ways to completely avoid paying taxes, then we need to change the tax code to stop this from happening. As for what should be taxed, profits from American operations should be taxed. Profits from operations outside of the US should not, as taxes should be paid on those profits in the countries where the profits were earned.

Lower the corporate tax rate to 15 to 20 percent, but cut out all the loopholes so that these companies actually have to pay the taxes.

 

[bripat9643]

And the cockroach parasite republicans applaud


Sen. Paul: Give Caterpillar Award for Tax Strategy - ABC News

Yes, I do applaud. Every dime that doesn't get purloined by our prehensile government is a victory for freedom.

 

[bripat9643]

More wealth envy whiney shit from Guano. Maybe he thinks his Gubmint check is in peril because Caterpillar is hoarding their own money.

Maybe they should go find their own country.

You would also whine about that if they did.

 

[RandomVariable]

Showing your GREED? It's theirs and NO YOU can't have one cent of it. DEAL with it.

I hope your car breaks an axle next pothole it hits.

BEST you can do? What's the matter? YOUR gubmint Check in peril too RandomFoible?

Ah come on T. You are defending Cat pulling $2.4B out of the U.S. economy and you are calling my posts weak?