Why does Hilary think an exit tax will work?

[Boss]

"We're going to slap an exit tax on corporations moving their headquarters overseas!"

*mindless socialist cheers*

Now, she is supposed to be a smart woman from what we've been told. How the hell does she think this is ever going to work in a free society like the United States? First of all, she's not going to be the Dictator. Any tax legislation has to be originated and passed by the House of Representatives. Best case scenario, Democrats might be able to take control of the Senate but the House will likely remain Republican. So how is she going to get the needed super-majority required for a new tax? That's just the FIRST hurdle but it's a pretty big one if you ask me.

So let's say the Congress loses it's ever-loving mind and passes such a tax... How does she plan to enforce it? She has no authority or jurisdiction in other countries. What an American business does elsewhere is between them and the host government, not Hillary Clinton. Is she planning to build a wall to keep people from leaving the US? What about all the corporations who are already located overseas? They've already exited so you can't retroactively apply a tax to them, it's unconstitutional. That only leaves a small handful of companies who haven't yet exited and I assure you, they can certainly find loopholes to avoid her silly idea.

You can't tax people for leaving. It's just a patently ridiculous idea that has no chance of success, even IF it can get passed by Congress... which it won't. This illustrates how out of touch this woman is with economics and the problems we have with economic growth.... it shouldn't be a surprise, this entire liberal administration is clueless when it comes to the economy.

The better alternative would be to offer incentives to repatriate overseas corporate wealth. Eliminate corporate taxes or reduce them to something competitive with the rest of the free world. Encourage corporations to remain here in the US and create jobs here. Stop attacking them and trying to impose your fascist will on them, that's only going to drive them away more.

This woman is not competent to lead and this is a prime example.

 

[NYcarbineer]

You prefer Trump's 35% tariff on imports?

 

[Toro]

There's already an exit tax on people.

If you give up your citizenship or green card if you've been in the country for something like 8 years, the US government takes a portion of your assets.

A better policy would be to slash the corporate income tax to 15% and eliminate all the offshore tax shelters and many deductions such as accelerated depreciation.

 

[Kondor3]

You prefer Trump's 35% tariff on imports?

An exit tax is a one-time shot... once you take the hit, you're free and clear to operate in the US... a modest front-end load.

A tariff is an ongoing and painful thing... makes it vastly more difficult to operate in the US... until you bring your jobs back on-shore.

As always, the Devil is in the details, but it sure-as-hell looks better on paper, at first glance, doesn't it?

 

[Boss]

You prefer Trump's 35% tariff on imports?

No, I actually think that's a bad idea as well. We already have about 12,000 tariffs on the books. He's not saying specifically what the tariffs will apply to but the bottom line is, the American consumer will pay the tariff in the price. You might get some businesses to come back home but mostly you'll just get increased prices.

Again, the best solution to the outsource problem is to make it more attractive not to outsource. If a CEO looks at it and says, hey we can make more profit here in the US, that's where he will do business. Cut the corporate tax rates, declare a tax moratorium on repatriated wealth abroad for 5 years if it's brought back to create new US jobs. Tell me why that wouldn't work?

 

[JakeStarkey]

Tax at 20% with no subsidies or exemptions: nothing.

If companies operate in America, they pay an off shore tax of 20% on all their earnings outside of America.

Do business in America is a privilege not a right..

 

[2aguy]

"We're going to slap an exit tax on corporations moving their headquarters overseas!"

*mindless socialist cheers*

Now, she is supposed to be a smart woman from what we've been told. How the hell does she think this is ever going to work in a free society like the United States? First of all, she's not going to be the Dictator. Any tax legislation has to be originated and passed by the House of Representatives. Best case scenario, Democrats might be able to take control of the Senate but the House will likely remain Republican. So how is she going to get the needed super-majority required for a new tax? That's just the FIRST hurdle but it's a pretty big one if you ask me.

So let's say the Congress loses it's ever-loving mind and passes such a tax... How does she plan to enforce it? She has no authority or jurisdiction in other countries. What an American business does elsewhere is between them and the host government, not Hillary Clinton. Is she planning to build a wall to keep people from leaving the US? What about all the corporations who are already located overseas? They've already exited so you can't retroactively apply a tax to them, it's unconstitutional. That only leaves a small handful of companies who haven't yet exited and I assure you, they can certainly find loopholes to avoid her silly idea.

You can't tax people for leaving. It's just a patently ridiculous idea that has no chance of success, even IF it can get passed by Congress... which it won't. This illustrates how out of touch this woman is with economics and the problems we have with economic growth.... it shouldn't be a surprise, this entire liberal administration is clueless when it comes to the economy.

The better alternative would be to offer incentives to repatriate overseas corporate wealth. Eliminate corporate taxes or reduce them to something competitive with the rest of the free world. Encourage corporations to remain here in the US and create jobs here. Stop attacking them and trying to impose your fascist will on them, that's only going to drive them away more.

This woman is not competent to lead and this is a prime example.

Allow me to translate what she really said....

We are going to erect a fence with barbed wire, mines and machine guns to keep people from leaving the country...this paradise I will create....and when they are caught trying to leave they will be placed in camps...where they can learn the true majesty of my reign.......

 

[JakeStarkey]

"We're going to slap an exit tax on corporations moving their headquarters overseas!"

*mindless socialist cheers*

Now, she is supposed to be a smart woman from what we've been told. How the hell does she think this is ever going to work in a free society like the United States? First of all, she's not going to be the Dictator. Any tax legislation has to be originated and passed by the House of Representatives. Best case scenario, Democrats might be able to take control of the Senate but the House will likely remain Republican. So how is she going to get the needed super-majority required for a new tax? That's just the FIRST hurdle but it's a pretty big one if you ask me.

So let's say the Congress loses it's ever-loving mind and passes such a tax... How does she plan to enforce it? She has no authority or jurisdiction in other countries. What an American business does elsewhere is between them and the host government, not Hillary Clinton. Is she planning to build a wall to keep people from leaving the US? What about all the corporations who are already located overseas? They've already exited so you can't retroactively apply a tax to them, it's unconstitutional. That only leaves a small handful of companies who haven't yet exited and I assure you, they can certainly find loopholes to avoid her silly idea.

You can't tax people for leaving. It's just a patently ridiculous idea that has no chance of success, even IF it can get passed by Congress... which it won't. This illustrates how out of touch this woman is with economics and the problems we have with economic growth.... it shouldn't be a surprise, this entire liberal administration is clueless when it comes to the economy.

The better alternative would be to offer incentives to repatriate overseas corporate wealth. Eliminate corporate taxes or reduce them to something competitive with the rest of the free world. Encourage corporations to remain here in the US and create jobs here. Stop attacking them and trying to impose your fascist will on them, that's only going to drive them away more.

This woman is not competent to lead and this is a prime example.

Allow me to translate what she really said....

We are going to erect a fence with barbed wire, mines and machine guns to keep people from leaving the country...this paradise I will create....and when they are caught trying to leave they will be placed in camps...where they can learn the true majesty of my reign.......

You will love Purge Night: Election Year.

 

[2aguy]

"We're going to slap an exit tax on corporations moving their headquarters overseas!"

*mindless socialist cheers*

Now, she is supposed to be a smart woman from what we've been told. How the hell does she think this is ever going to work in a free society like the United States? First of all, she's not going to be the Dictator. Any tax legislation has to be originated and passed by the House of Representatives. Best case scenario, Democrats might be able to take control of the Senate but the House will likely remain Republican. So how is she going to get the needed super-majority required for a new tax? That's just the FIRST hurdle but it's a pretty big one if you ask me.

So let's say the Congress loses it's ever-loving mind and passes such a tax... How does she plan to enforce it? She has no authority or jurisdiction in other countries. What an American business does elsewhere is between them and the host government, not Hillary Clinton. Is she planning to build a wall to keep people from leaving the US? What about all the corporations who are already located overseas? They've already exited so you can't retroactively apply a tax to them, it's unconstitutional. That only leaves a small handful of companies who haven't yet exited and I assure you, they can certainly find loopholes to avoid her silly idea.

You can't tax people for leaving. It's just a patently ridiculous idea that has no chance of success, even IF it can get passed by Congress... which it won't. This illustrates how out of touch this woman is with economics and the problems we have with economic growth.... it shouldn't be a surprise, this entire liberal administration is clueless when it comes to the economy.

The better alternative would be to offer incentives to repatriate overseas corporate wealth. Eliminate corporate taxes or reduce them to something competitive with the rest of the free world. Encourage corporations to remain here in the US and create jobs here. Stop attacking them and trying to impose your fascist will on them, that's only going to drive them away more.

This woman is not competent to lead and this is a prime example.

Allow me to translate what she really said....

We are going to erect a fence with barbed wire, mines and machine guns to keep people from leaving the country...this paradise I will create....and when they are caught trying to leave they will be placed in camps...where they can learn the true majesty of my reign.......

You will love Purge Night: Election Year.

Yeah......I have seen the first two......tell me...are they trying to say conservatives would be the ones supporting the Purge? Because......it is obviously a left wing concept.......

 

[JakeStarkey]

Yeah......I have seen the first two......tell me...are they trying to say conservatives would be the ones supporting the Purge? Because......it is obviously a left wing concept.......

See, you are a low effort thinker. It is a ScapeGoat concept cast into hard right, nativists, religious terms.

 

[2aguy]

Yeah......I have seen the first two......tell me...are they trying to say conservatives would be the ones supporting the Purge? Because......it is obviously a left wing concept.......

See, you are a low effort thinker. It is a ScapeGoat concept cast into hard right, nativists, religious terms.

No.....they know that conservatives believe in the Founding Fathers and the country they set up......

But...

Conservatives are happy with the original founders...the left hates the original founders..so would want New Founding Fathers....

Conservatives believe in protecting life, all life, even life in the womb...the left believes in killing babies in the womb and assisted suicide...so the death worshiping left readily fits the Purge concept

Conservatives believe in the rule of law...the left would love to have 12 hours to rape, rob and murder..without consequences....

Conservatives are not racists..... the left see minorities as expendable votes....and think of them as less than people, who need the left to get them through life, so the focus on targeting blacks and other minorities in the Purge fits in perfectly with democrat/lefty beliefs....