Thread: Corporations using tax havens

I keep hearing from the stock pushers on business channels and various talk radio hosts who shill for free markets and free trade that the reason our jobs are lost and outsourcing occurs is that our corporate tax rate is too high.

All media, including Fox, seems to ignore the impact of tax havens. Our local news did do a story on GA corporations setting up tax havens in the Grand Cayman Islands. The GAO report is a real eye opener. Anyone wondering how corporate executives can be paid so much - here's your sign!

http://www.wsbtv.com/news/22594169/detail.html

http://www.gao.gov/new.items/d09157.pdf

The GAO report is on all US corporations.

Originally Posted by GaPatriot

I keep hearing from the stock pushers on business channels and various talk radio hosts who shill for free markets and free trade that the reason our jobs are lost and outsourcing occurs is that our corporate tax rate is too high.

All media, including Fox, seems to ignore the impact of tax havens. Our local news did do a story on GA corporations setting up tax havens in the Grand Cayman Islands. The GAO report is a real eye opener. Anyone wondering how corporate executives can be paid so much - here's your sign!

http://www.wsbtv.com/news/22594169/detail.html

http://www.gao.gov/new.items/d09157.pdf



The GAO report is on all US corporations.

By the Corporations, For the Corporations,.


Kathyet

CORPORATE STATES OF AMERICA!