by William Thornton » Tue Mar 19, 2013 4:12 pm
Neil is right with his link to the caveats, but those don't slow down a good topic for tweaking the libs.
Keith, we both favor law and order and obeying laws, so there is nothing to discuss about legal movement of capital overseas or to the hole in your back yard. Neither you nor I are expected to pay more than our legal obligation in taxes.
There is a reason for moving money offshore. Obama not only understands that but either has or does practice it: preservation of capital.
There is a reason that the middle class has never been larger: US companies moving capital and production overseas. Lest my fellow followers of Christ be guilty of xenaphobia, you are interested in prosperity for the abject poor in China and India, right?
It has long been apparent that our friendly socialist liberals, especially the religious liberals in that group, believe that the income of an individual belongs to the government, except for what gummit deigns to allow the individual to keep, that corporations are evil, the rich are indeed morally filthy, and especially that the power of gummit, guns, blood if necessary, be used to forcibly seize income and assets from others as a way to impose their ideas of fairness.
The thought of forcing banks to seize and chunk of all depositors' savings and give it to gummit has libs all over the world foaming at the mouth...and has those who value private property fearful.
If you guys would like for money to come home to Papa Sam, then lower the tax rates. Money flows for predictable reasons.
My stray thoughts on SBC stuff may be found at my blog,