Hey Baucus, Crack Down on Those Big Tax Cheats

This Just In (0.00 / 0)

This.

   

Over the past six months companies including offshore drilling contractors Noble Corp and Transocean, energy-focused engineering group Foster Wheeler and oilfield services company Weatherfield International have all announced plans to shift domicile to Switzerland.

   "Switzerland has a stable and developed tax regime and a network of tax treaties with most countries where we operate," Transocean Chief Executive Bob Long said in a statement in October, when it announced its move. "As a result, the redomestication will improve our ability to maintain a competitive worldwide effective corporate tax rate."

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by: Dave Budge @ Sun Mar 15, 2009 at 00:32:41 AM UTC

hm... (0.00 / 0)

Not sure what you're getting at here. Given Transocean, for one, is incorporated in the Cayman Islands, and isn't paying US income taxes to begin with...?

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by: Jay Stevens @ Sun Mar 15, 2009 at 02:34:59 AM UTC

[ Parent ]

defies common sense (0.00 / 0)

the sad thing is that even though the republicans are in minority, lost the presidency, and have generally been in total disarray they still call the shots in washington. why? because max (scared of his own shadow) baucus is terrified of being called a socialist.

today we learn that the wall street executives at AIG simply MUST pay 100 million in bonuses to the eggheads who engineered the company's demise, or so they told timmy (wets his pants in front of CEO'S) geithner.

when is the democratic party going to quit hiding in the bathroom stalls from the minority party? when are the folks we (the majority) elected going to do their job?

common sense dictates that since america is broke we must find leadership somewhere to rein in CEO's, executives and shareholders who hide the money they owe the us treasury and penalize them to the full extent of the law.

common sense dictates that at the very least we need to tell AIG hell no. you cannot pay any bonuses with taxpayer borrowed money.

i am still waiting 3 years later for someone to bring our troops home after we elected a democratic house of representatives to do just that. now we elected a president, a super majority in the house and a huge majority in the senate. what more protection do these sissy's want from the big bad rush limbaugh and his band of greedy racist bullies? come on max and timmy. step down from those toilets and get out of the boys room and do your damn jobs. common sense and the majority of taxpayers demand that you stand up to the republicans for once.


United we stand, divided we fall.

power to the polite people!

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by: wolverine6 @ Sun Mar 15, 2009 at 16:42:20 PM UTC

why does obama have to do everything? (0.00 / 0)

last time i checked we elected a lot of democrats in the last two election cycles. where the hell are they. there must be one leader in that bunch in congress who can shove the republican bullies and their wealthy hog friends out of the way and start making some change we can believe in...

United we stand, divided we fall.

power to the polite people!

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by: wolverine6 @ Mon Mar 16, 2009 at 03:59:53 AM UTC