Heres something someone else posted on another forum i go on.
"This is a laughable debate.
Look, we all agree that the tax burden in the US is WAAYYYYY to high, and needs to be addressed. And yes, if we cut spending that would help immensely. But lets look at it in the confines of TODAY. As long as individual americans pay their fair share of taxes, so should Corporate America.
To say that closing "loopholes" is unfair to global competition is ridiculous. Right now the US has one of the lowest corporate Effective Tax rates in the world. And Corporate america has found ways to change the tax code in its favor, and in those instances where they couldn't change it, they found ways around it.
What corporate america has wanted for years, and has slowly gotten was an unfair advantage in the largest market in the world (the United States), while finding ways to get around, if not get completely out of any liability or costs for access to that marketplace. They want access to the american marketplace so they "base" their headquarters here for the advantages it gives them in importing their own products from their foreign based manufacturing (tariff free), yet they want the ability to base the operations off shore for the labor cost and tax advantages that it gives them.
They currently have their cake and are eating it to. What most fail to realize is that part of the cost of admission and access to the American marketplace is the employment of American workers. If you don't want to employ American workers, then you pay a tariff for access to the American marketplace. But over the course of the last 30-50 years, american corporations have found ways around the tariffs and around the taxes, and they arent even employing american workers for the most part. And somehow they have convinced some on the right that without these advantages they will fail. What we need to realize is first off thats bull*****, and secondly that even if individual companies fail, the industry does not. This is more about the protection of the who, not the what. The beauty of capitalism is that where one fails, their are 2 to take their place.
America corporation are the masters of PR
. They use "global marketplace" when it fits their need/argument, and they use "american" when its fits the need/argument. And what we all need to realize is that without an american worker their is no american marketplace. Americans are shouldering more and more of the tax burdon for corporate america every day. Just look at what your local and state gubments are giving these companies so that they will "employ" people in your area. Hell in my city, the largest employer in the state pays NOTHING in local and state taxes so that they will stay here. But the downside is that they are one of the largest recipients of resources from the state and city. So who pays for that ? Well its me and you.
I hear it all the time when people complain about america...if you dont like it leave", well corporate america...are you listening ?"