NPR: “Offshore Tax Havens”

[Vod-Vil]

The Democratic party runs California.If they really believe that Banks,Wall Street and Corporations don’t pay their fair share,WHY AREN’T THEY TRYING TO RAISE TAXES ON THE RICH?

Instead of going after tax loopholes for the bankers,they’re pushing for 5 more years of SALES TAX AND CAR TAX increases,which directly impact the working man.

[Allan from Fallbrook]

[quote=gandalf]Why?

Because paramount listens to right-wing talk radio and those people think what they’re told to think, the latest distribution of GOP talking points.

Meanwhile, back in the real-world, TRILLIONS of dollars in wealth has been redistributed from Americans to mega-corporations and Wall Street. Much of it obtained through deregulation, market manipulation and fraud.

To add insult to injury, THESE COMPANIES DON’T PAY THEIR TAXES.

Where is the outrage?

How about going off on Goldman? Chase? AIG? Bank of America?

We never really hear much about the financial crash from the Tea Party crowd, astro-turf GOP stage props, parading around in their pee and shit-stained depends, ranting about unions, taxes and socialism.

Brain-dead GOP zombie fuck-bots are the worst Americans EVER.[/quote]

Gandalf: Why not both? Why can’t one be justifiably outraged at Goldman, AIG, and all of those trillions in unpaid taxes, AND outraged at public sector unions as well?

While your point about the good things that goverment brings is well taken and correct, that doesn’t have shit to do with public sector unions at all. I can be extremely pissed about the nature of public sector union “negotiations”, and not direct one iota of that anger at the public sector employees at all.

Because, if we’re really being honest with each other, its ALL about vote-buying and influence peddling and putting OUR guy in office. The GOP buys influence with Big Oil, Big Biz, Big Money and Big Pharma and the Dems buy votes with public sector unions, trial lawyers and city “machines” (like Chicago, NYC, Boston, etc, which dispense and disburse largesse, thus ensuring continued support from the voting base).

To automatically castigate anyone who disagrees with your premise about Wall Street and has the temerity to point out the fact that there are huge and continuing budget deficits throughout the states, along with billions in unfunded liabilities tied to pension and benefit programs, is as mindless as those you criticize.

Are the public sector unions responsible for ALL of the woes? Absolutely not. But they played their part. Its like those that say, “unions destroyed Detroit”. True? No. Partially true? Yep. The unions, along with inept and short-sighted management and venal and corrupt politicians, destroyed Detroit.

To simply say, “Gee, look at all the wonderful things government does” is simplistic, and it misses the larger picture and obscures many of the facts. Shit is never as simple as the talking points make it, so why use them to support your argument?

This site is supposed to be about the facts and having a reasoned and reasonable discussion. Which also means leave the ad hominem and name-calling at the door. I’ve been here long enough to know you’re better than that, and smarter than that.

[Allan from Fallbrook]

[quote=gandalf]Why?

Because paramount listens to right-wing talk radio and those people think what they’re told to think, the latest distribution of GOP talking points.

Meanwhile, back in the real-world, TRILLIONS of dollars in wealth has been redistributed from Americans to mega-corporations and Wall Street. Much of it obtained through deregulation, market manipulation and fraud.

To add insult to injury, THESE COMPANIES DON’T PAY THEIR TAXES.

Where is the outrage?

How about going off on Goldman? Chase? AIG? Bank of America?

We never really hear much about the financial crash from the Tea Party crowd, astro-turf GOP stage props, parading around in their pee and shit-stained depends, ranting about unions, taxes and socialism.

Brain-dead GOP zombie fuck-bots are the worst Americans EVER.[/quote]

Gandalf: Why not both? Why can’t one be justifiably outraged at Goldman, AIG, and all of those trillions in unpaid taxes, AND outraged at public sector unions as well?

While your point about the good things that goverment brings is well taken and correct, that doesn’t have shit to do with public sector unions at all. I can be extremely pissed about the nature of public sector union “negotiations”, and not direct one iota of that anger at the public sector employees at all.

Because, if we’re really being honest with each other, its ALL about vote-buying and influence peddling and putting OUR guy in office. The GOP buys influence with Big Oil, Big Biz, Big Money and Big Pharma and the Dems buy votes with public sector unions, trial lawyers and city “machines” (like Chicago, NYC, Boston, etc, which dispense and disburse largesse, thus ensuring continued support from the voting base).

To automatically castigate anyone who disagrees with your premise about Wall Street and has the temerity to point out the fact that there are huge and continuing budget deficits throughout the states, along with billions in unfunded liabilities tied to pension and benefit programs, is as mindless as those you criticize.

Are the public sector unions responsible for ALL of the woes? Absolutely not. But they played their part. Its like those that say, “unions destroyed Detroit”. True? No. Partially true? Yep. The unions, along with inept and short-sighted management and venal and corrupt politicians, destroyed Detroit.

To simply say, “Gee, look at all the wonderful things government does” is simplistic, and it misses the larger picture and obscures many of the facts. Shit is never as simple as the talking points make it, so why use them to support your argument?

This site is supposed to be about the facts and having a reasoned and reasonable discussion. Which also means leave the ad hominem and name-calling at the door. I’ve been here long enough to know you’re better than that, and smarter than that.

[Allan from Fallbrook]

[quote=gandalf]Why?

Because paramount listens to right-wing talk radio and those people think what they’re told to think, the latest distribution of GOP talking points.

Meanwhile, back in the real-world, TRILLIONS of dollars in wealth has been redistributed from Americans to mega-corporations and Wall Street. Much of it obtained through deregulation, market manipulation and fraud.

To add insult to injury, THESE COMPANIES DON’T PAY THEIR TAXES.

Where is the outrage?

How about going off on Goldman? Chase? AIG? Bank of America?

We never really hear much about the financial crash from the Tea Party crowd, astro-turf GOP stage props, parading around in their pee and shit-stained depends, ranting about unions, taxes and socialism.

Brain-dead GOP zombie fuck-bots are the worst Americans EVER.[/quote]

Gandalf: Why not both? Why can’t one be justifiably outraged at Goldman, AIG, and all of those trillions in unpaid taxes, AND outraged at public sector unions as well?

While your point about the good things that goverment brings is well taken and correct, that doesn’t have shit to do with public sector unions at all. I can be extremely pissed about the nature of public sector union “negotiations”, and not direct one iota of that anger at the public sector employees at all.

Because, if we’re really being honest with each other, its ALL about vote-buying and influence peddling and putting OUR guy in office. The GOP buys influence with Big Oil, Big Biz, Big Money and Big Pharma and the Dems buy votes with public sector unions, trial lawyers and city “machines” (like Chicago, NYC, Boston, etc, which dispense and disburse largesse, thus ensuring continued support from the voting base).

To automatically castigate anyone who disagrees with your premise about Wall Street and has the temerity to point out the fact that there are huge and continuing budget deficits throughout the states, along with billions in unfunded liabilities tied to pension and benefit programs, is as mindless as those you criticize.

Are the public sector unions responsible for ALL of the woes? Absolutely not. But they played their part. Its like those that say, “unions destroyed Detroit”. True? No. Partially true? Yep. The unions, along with inept and short-sighted management and venal and corrupt politicians, destroyed Detroit.

To simply say, “Gee, look at all the wonderful things government does” is simplistic, and it misses the larger picture and obscures many of the facts. Shit is never as simple as the talking points make it, so why use them to support your argument?

This site is supposed to be about the facts and having a reasoned and reasonable discussion. Which also means leave the ad hominem and name-calling at the door. I’ve been here long enough to know you’re better than that, and smarter than that.

[Allan from Fallbrook]

[quote=gandalf]Why?

Because paramount listens to right-wing talk radio and those people think what they’re told to think, the latest distribution of GOP talking points.

Meanwhile, back in the real-world, TRILLIONS of dollars in wealth has been redistributed from Americans to mega-corporations and Wall Street. Much of it obtained through deregulation, market manipulation and fraud.

To add insult to injury, THESE COMPANIES DON’T PAY THEIR TAXES.

Where is the outrage?

How about going off on Goldman? Chase? AIG? Bank of America?

We never really hear much about the financial crash from the Tea Party crowd, astro-turf GOP stage props, parading around in their pee and shit-stained depends, ranting about unions, taxes and socialism.

Brain-dead GOP zombie fuck-bots are the worst Americans EVER.[/quote]

Gandalf: Why not both? Why can’t one be justifiably outraged at Goldman, AIG, and all of those trillions in unpaid taxes, AND outraged at public sector unions as well?

While your point about the good things that goverment brings is well taken and correct, that doesn’t have shit to do with public sector unions at all. I can be extremely pissed about the nature of public sector union “negotiations”, and not direct one iota of that anger at the public sector employees at all.

Because, if we’re really being honest with each other, its ALL about vote-buying and influence peddling and putting OUR guy in office. The GOP buys influence with Big Oil, Big Biz, Big Money and Big Pharma and the Dems buy votes with public sector unions, trial lawyers and city “machines” (like Chicago, NYC, Boston, etc, which dispense and disburse largesse, thus ensuring continued support from the voting base).

To automatically castigate anyone who disagrees with your premise about Wall Street and has the temerity to point out the fact that there are huge and continuing budget deficits throughout the states, along with billions in unfunded liabilities tied to pension and benefit programs, is as mindless as those you criticize.

Are the public sector unions responsible for ALL of the woes? Absolutely not. But they played their part. Its like those that say, “unions destroyed Detroit”. True? No. Partially true? Yep. The unions, along with inept and short-sighted management and venal and corrupt politicians, destroyed Detroit.

To simply say, “Gee, look at all the wonderful things government does” is simplistic, and it misses the larger picture and obscures many of the facts. Shit is never as simple as the talking points make it, so why use them to support your argument?

This site is supposed to be about the facts and having a reasoned and reasonable discussion. Which also means leave the ad hominem and name-calling at the door. I’ve been here long enough to know you’re better than that, and smarter than that.

[Allan from Fallbrook]

[quote=gandalf]Why?

Because paramount listens to right-wing talk radio and those people think what they’re told to think, the latest distribution of GOP talking points.

Meanwhile, back in the real-world, TRILLIONS of dollars in wealth has been redistributed from Americans to mega-corporations and Wall Street. Much of it obtained through deregulation, market manipulation and fraud.

To add insult to injury, THESE COMPANIES DON’T PAY THEIR TAXES.

Where is the outrage?

How about going off on Goldman? Chase? AIG? Bank of America?

We never really hear much about the financial crash from the Tea Party crowd, astro-turf GOP stage props, parading around in their pee and shit-stained depends, ranting about unions, taxes and socialism.

Brain-dead GOP zombie fuck-bots are the worst Americans EVER.[/quote]

Gandalf: Why not both? Why can’t one be justifiably outraged at Goldman, AIG, and all of those trillions in unpaid taxes, AND outraged at public sector unions as well?

While your point about the good things that goverment brings is well taken and correct, that doesn’t have shit to do with public sector unions at all. I can be extremely pissed about the nature of public sector union “negotiations”, and not direct one iota of that anger at the public sector employees at all.

Because, if we’re really being honest with each other, its ALL about vote-buying and influence peddling and putting OUR guy in office. The GOP buys influence with Big Oil, Big Biz, Big Money and Big Pharma and the Dems buy votes with public sector unions, trial lawyers and city “machines” (like Chicago, NYC, Boston, etc, which dispense and disburse largesse, thus ensuring continued support from the voting base).

To automatically castigate anyone who disagrees with your premise about Wall Street and has the temerity to point out the fact that there are huge and continuing budget deficits throughout the states, along with billions in unfunded liabilities tied to pension and benefit programs, is as mindless as those you criticize.

Are the public sector unions responsible for ALL of the woes? Absolutely not. But they played their part. Its like those that say, “unions destroyed Detroit”. True? No. Partially true? Yep. The unions, along with inept and short-sighted management and venal and corrupt politicians, destroyed Detroit.

To simply say, “Gee, look at all the wonderful things government does” is simplistic, and it misses the larger picture and obscures many of the facts. Shit is never as simple as the talking points make it, so why use them to support your argument?

This site is supposed to be about the facts and having a reasoned and reasonable discussion. Which also means leave the ad hominem and name-calling at the door. I’ve been here long enough to know you’re better than that, and smarter than that.

[gandalf]

I think you’re on the right track about taxes vod-vil, but I’m not sure I understand your comments. Arnold was elected governor as a republican. Brown is slashing state budgets, and is proving to be a fiscally conservative democrat. Democrats actually don’t “run California”, and anything budget, fiscal or tax-related requires a 2/3 super-majority in state government, which doesn’t happen because of the partisanship. As for Wall Street, the state has no jurisdiction over NYC investment bank securities transactions or the offshore tax havens they use to dodge taxes.

California government — OUR state, OUR government — is going to referendum over tax *extensions*, in large part because tax receipts at the state level have decreased dramatically because of the recession. Much of the tax money goes towards paying for things that are very reasonable, like operating public schools or keeping firemen and policemen on the job.

Where I think you might have a point — tax policy here in California, Prop 13 included, is dysfunctional. It has led to a situation where the state is overly dependent on sales tax and capital gains sources, and as a result the swings in tax receipts (up in a good economy, down in a bad economy) are overly cyclical, not stable, not counter-cyclical, which makes it difficult to fund state operations, particularly in down times, and to make matters worse, the state’s finances end up just exacerbating the severity of the recession.

That’s the economics. Politicians could do the right thing and reform the state tax code, but the environment is hyper-partisan right now. Get educated. Learn about the issues. Think for yourself. Don’t parrot party talking points. These tax policy issues matter in very real-world ways.

[gandalf]

I think you’re on the right track about taxes vod-vil, but I’m not sure I understand your comments. Arnold was elected governor as a republican. Brown is slashing state budgets, and is proving to be a fiscally conservative democrat. Democrats actually don’t “run California”, and anything budget, fiscal or tax-related requires a 2/3 super-majority in state government, which doesn’t happen because of the partisanship. As for Wall Street, the state has no jurisdiction over NYC investment bank securities transactions or the offshore tax havens they use to dodge taxes.

California government — OUR state, OUR government — is going to referendum over tax *extensions*, in large part because tax receipts at the state level have decreased dramatically because of the recession. Much of the tax money goes towards paying for things that are very reasonable, like operating public schools or keeping firemen and policemen on the job.

Where I think you might have a point — tax policy here in California, Prop 13 included, is dysfunctional. It has led to a situation where the state is overly dependent on sales tax and capital gains sources, and as a result the swings in tax receipts (up in a good economy, down in a bad economy) are overly cyclical, not stable, not counter-cyclical, which makes it difficult to fund state operations, particularly in down times, and to make matters worse, the state’s finances end up just exacerbating the severity of the recession.

That’s the economics. Politicians could do the right thing and reform the state tax code, but the environment is hyper-partisan right now. Get educated. Learn about the issues. Think for yourself. Don’t parrot party talking points. These tax policy issues matter in very real-world ways.

[gandalf]

I think you’re on the right track about taxes vod-vil, but I’m not sure I understand your comments. Arnold was elected governor as a republican. Brown is slashing state budgets, and is proving to be a fiscally conservative democrat. Democrats actually don’t “run California”, and anything budget, fiscal or tax-related requires a 2/3 super-majority in state government, which doesn’t happen because of the partisanship. As for Wall Street, the state has no jurisdiction over NYC investment bank securities transactions or the offshore tax havens they use to dodge taxes.

California government — OUR state, OUR government — is going to referendum over tax *extensions*, in large part because tax receipts at the state level have decreased dramatically because of the recession. Much of the tax money goes towards paying for things that are very reasonable, like operating public schools or keeping firemen and policemen on the job.

Where I think you might have a point — tax policy here in California, Prop 13 included, is dysfunctional. It has led to a situation where the state is overly dependent on sales tax and capital gains sources, and as a result the swings in tax receipts (up in a good economy, down in a bad economy) are overly cyclical, not stable, not counter-cyclical, which makes it difficult to fund state operations, particularly in down times, and to make matters worse, the state’s finances end up just exacerbating the severity of the recession.

That’s the economics. Politicians could do the right thing and reform the state tax code, but the environment is hyper-partisan right now. Get educated. Learn about the issues. Think for yourself. Don’t parrot party talking points. These tax policy issues matter in very real-world ways.

[gandalf]

I think you’re on the right track about taxes vod-vil, but I’m not sure I understand your comments. Arnold was elected governor as a republican. Brown is slashing state budgets, and is proving to be a fiscally conservative democrat. Democrats actually don’t “run California”, and anything budget, fiscal or tax-related requires a 2/3 super-majority in state government, which doesn’t happen because of the partisanship. As for Wall Street, the state has no jurisdiction over NYC investment bank securities transactions or the offshore tax havens they use to dodge taxes.

California government — OUR state, OUR government — is going to referendum over tax *extensions*, in large part because tax receipts at the state level have decreased dramatically because of the recession. Much of the tax money goes towards paying for things that are very reasonable, like operating public schools or keeping firemen and policemen on the job.

Where I think you might have a point — tax policy here in California, Prop 13 included, is dysfunctional. It has led to a situation where the state is overly dependent on sales tax and capital gains sources, and as a result the swings in tax receipts (up in a good economy, down in a bad economy) are overly cyclical, not stable, not counter-cyclical, which makes it difficult to fund state operations, particularly in down times, and to make matters worse, the state’s finances end up just exacerbating the severity of the recession.

That’s the economics. Politicians could do the right thing and reform the state tax code, but the environment is hyper-partisan right now. Get educated. Learn about the issues. Think for yourself. Don’t parrot party talking points. These tax policy issues matter in very real-world ways.

[gandalf]

I think you’re on the right track about taxes vod-vil, but I’m not sure I understand your comments. Arnold was elected governor as a republican. Brown is slashing state budgets, and is proving to be a fiscally conservative democrat. Democrats actually don’t “run California”, and anything budget, fiscal or tax-related requires a 2/3 super-majority in state government, which doesn’t happen because of the partisanship. As for Wall Street, the state has no jurisdiction over NYC investment bank securities transactions or the offshore tax havens they use to dodge taxes.

California government — OUR state, OUR government — is going to referendum over tax *extensions*, in large part because tax receipts at the state level have decreased dramatically because of the recession. Much of the tax money goes towards paying for things that are very reasonable, like operating public schools or keeping firemen and policemen on the job.

Where I think you might have a point — tax policy here in California, Prop 13 included, is dysfunctional. It has led to a situation where the state is overly dependent on sales tax and capital gains sources, and as a result the swings in tax receipts (up in a good economy, down in a bad economy) are overly cyclical, not stable, not counter-cyclical, which makes it difficult to fund state operations, particularly in down times, and to make matters worse, the state’s finances end up just exacerbating the severity of the recession.

That’s the economics. Politicians could do the right thing and reform the state tax code, but the environment is hyper-partisan right now. Get educated. Learn about the issues. Think for yourself. Don’t parrot party talking points. These tax policy issues matter in very real-world ways.

[gandalf]

I rather liked “Brain-dead GOP zombie fuck-bots”…

But anyway, the Chinaman is not the issue here.

You are correct, and I agree, the union criticism is accurate, there is widespread corruption, not paying into pensions, etc. It does need to get fixed, and now is rather a good time to fix it. We should all have a debate. A good one with facts. I’m actually okay with a balanced discussion of union pension issues.

One of the best examples I can think of is right here in town with the City of San Diego, City employee union, illicit deals to increase benefits. That got moved through via Republicans mainly, which is hilarious because you don’t hear the zombie GOP fuck-bots criticizing the local GOP for their role in orchestrating these sweetheart union deals for City employees. It’s all about democrats and school teachers in Wisconsin…

Overall, my response to the union criticisms is one of proportion, measuring the cost of the bubble in raw dollars — and the cost of the financial crisis dwarfs anything related to union benefits. The financial crisis CAUSED the pension bust. Nothing even remotely compares with what happened with finance, insurance and real estate businesses during the bubble, the deregulation, the massive fraud, the leveraging, and the subsequent bust and bailouts.

—

The OP topic was about an article about corporate tax evasion. That was the original topic, until it got thread-sharked by brain-dead GOP zombie fuck-bots complaining about democrats and unions. In a better world, I think this thread could have been a very reasonable fact-based discussion on economics and U.S. tax policy, and the gigantic amount of tax avoidance occurring with large multinational corporations.

Does anybody out there have anything intelligent to say about US corporations moving their profits offshore, through shell companies in Ireland, Cayman Islands, etc. — for the express purpose of avoiding US tax obligations?

[gandalf]

I rather liked “Brain-dead GOP zombie fuck-bots”…

But anyway, the Chinaman is not the issue here.

You are correct, and I agree, the union criticism is accurate, there is widespread corruption, not paying into pensions, etc. It does need to get fixed, and now is rather a good time to fix it. We should all have a debate. A good one with facts. I’m actually okay with a balanced discussion of union pension issues.

One of the best examples I can think of is right here in town with the City of San Diego, City employee union, illicit deals to increase benefits. That got moved through via Republicans mainly, which is hilarious because you don’t hear the zombie GOP fuck-bots criticizing the local GOP for their role in orchestrating these sweetheart union deals for City employees. It’s all about democrats and school teachers in Wisconsin…

Overall, my response to the union criticisms is one of proportion, measuring the cost of the bubble in raw dollars — and the cost of the financial crisis dwarfs anything related to union benefits. The financial crisis CAUSED the pension bust. Nothing even remotely compares with what happened with finance, insurance and real estate businesses during the bubble, the deregulation, the massive fraud, the leveraging, and the subsequent bust and bailouts.

—

The OP topic was about an article about corporate tax evasion. That was the original topic, until it got thread-sharked by brain-dead GOP zombie fuck-bots complaining about democrats and unions. In a better world, I think this thread could have been a very reasonable fact-based discussion on economics and U.S. tax policy, and the gigantic amount of tax avoidance occurring with large multinational corporations.

Does anybody out there have anything intelligent to say about US corporations moving their profits offshore, through shell companies in Ireland, Cayman Islands, etc. — for the express purpose of avoiding US tax obligations?

[gandalf]

I rather liked “Brain-dead GOP zombie fuck-bots”…

But anyway, the Chinaman is not the issue here.

You are correct, and I agree, the union criticism is accurate, there is widespread corruption, not paying into pensions, etc. It does need to get fixed, and now is rather a good time to fix it. We should all have a debate. A good one with facts. I’m actually okay with a balanced discussion of union pension issues.

One of the best examples I can think of is right here in town with the City of San Diego, City employee union, illicit deals to increase benefits. That got moved through via Republicans mainly, which is hilarious because you don’t hear the zombie GOP fuck-bots criticizing the local GOP for their role in orchestrating these sweetheart union deals for City employees. It’s all about democrats and school teachers in Wisconsin…

Overall, my response to the union criticisms is one of proportion, measuring the cost of the bubble in raw dollars — and the cost of the financial crisis dwarfs anything related to union benefits. The financial crisis CAUSED the pension bust. Nothing even remotely compares with what happened with finance, insurance and real estate businesses during the bubble, the deregulation, the massive fraud, the leveraging, and the subsequent bust and bailouts.

—

The OP topic was about an article about corporate tax evasion. That was the original topic, until it got thread-sharked by brain-dead GOP zombie fuck-bots complaining about democrats and unions. In a better world, I think this thread could have been a very reasonable fact-based discussion on economics and U.S. tax policy, and the gigantic amount of tax avoidance occurring with large multinational corporations.

Does anybody out there have anything intelligent to say about US corporations moving their profits offshore, through shell companies in Ireland, Cayman Islands, etc. — for the express purpose of avoiding US tax obligations?

[gandalf]

I rather liked “Brain-dead GOP zombie fuck-bots”…

But anyway, the Chinaman is not the issue here.

You are correct, and I agree, the union criticism is accurate, there is widespread corruption, not paying into pensions, etc. It does need to get fixed, and now is rather a good time to fix it. We should all have a debate. A good one with facts. I’m actually okay with a balanced discussion of union pension issues.

One of the best examples I can think of is right here in town with the City of San Diego, City employee union, illicit deals to increase benefits. That got moved through via Republicans mainly, which is hilarious because you don’t hear the zombie GOP fuck-bots criticizing the local GOP for their role in orchestrating these sweetheart union deals for City employees. It’s all about democrats and school teachers in Wisconsin…

Overall, my response to the union criticisms is one of proportion, measuring the cost of the bubble in raw dollars — and the cost of the financial crisis dwarfs anything related to union benefits. The financial crisis CAUSED the pension bust. Nothing even remotely compares with what happened with finance, insurance and real estate businesses during the bubble, the deregulation, the massive fraud, the leveraging, and the subsequent bust and bailouts.

—

The OP topic was about an article about corporate tax evasion. That was the original topic, until it got thread-sharked by brain-dead GOP zombie fuck-bots complaining about democrats and unions. In a better world, I think this thread could have been a very reasonable fact-based discussion on economics and U.S. tax policy, and the gigantic amount of tax avoidance occurring with large multinational corporations.

Does anybody out there have anything intelligent to say about US corporations moving their profits offshore, through shell companies in Ireland, Cayman Islands, etc. — for the express purpose of avoiding US tax obligations?

[Author]

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