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Another Billion-Dollar US Company Just Moved Across The Pond

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Twotoplace said it best - if you don't like it, get out. Those Republican policies led us to a lot of financial problems in 08 and Obama is still trying to dig us out of the mess that Republicans got us in.
If everybody who does not like "it," got out, then who would be left behind to pay the taxes? Doubling or tripling the taxes on the 47 percenters would still net zero in revenue.
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Huntington Internal Medicine Group and several other business entities in the city of Huntington WV left and went either right across the river or simply just outside of city limits because of the new tax climate in city limits. What a bunch of right wing psycho idiots for leaving Huntington and trying to maximize their profits. Total morons.

Twotoplace said it best - if you don't like it, get out. Those Republican policies led us to a lot of financial problems in 08 and Obama is still trying to dig us out of the mess that Republicans got us in.

They did. And?

Huntington Internal Medicine Group and several other business entities in the city of Huntington WV left and went either right across the river or simply just outside of city limits because of the new tax climate in city limits. What a bunch of right wing psycho idiots for leaving Huntington and trying to maximize their profits. Total morons.

That's two-bit tax avoidance. I'm talking about the big boys, Doc. Let's use Bank of America as an example.

 

According to the right-of-center Washington Times, in 2009 Bank of America took in $336 billion in bailouts from Uncle Sam but in '10 paid no taxes on profits of $4.4B, thanks to its 115 offshore tax havens.

 

The company needs to remove "America" from its name. Call it "Bank of Shame."

 

Top ten list: Tax evaders' wall of shame | Washington Times Communities

Huntington Internal Medicine Group and several other business entities in the city of Huntington WV left and went either right across the river or simply just outside of city limits because of the new tax climate in city limits. What a bunch of right wing psycho idiots for leaving Huntington and trying to maximize their profits. Total morons.

I'm sure that the docs who moved out of the city to avoid the one-half percent earnings tax are also the first ones to complain about potholes on city streets.

I'm sure that the docs who moved out of the city to avoid the one-half percent earnings tax are also the first ones to complain about potholes on city streets.

Yeah. That's it. Keep tryin to spin it. Gettin funnier as it goes. Oh and it's 1%.

Yeah. That's it. Keep tryin to spin it. Gettin funnier as it goes. Oh and it's 1%.

Let me guess -- the earnings tax went up from .75 to 1 percent. Maybe we can pass the hat and let them know we care.

Let me guess -- the earnings tax went up from .75 to 1 percent. Maybe we can pass the hat and let them know we care.

Yeah. It went from .5 to 1. Also WV was the only state at the time to have a health care provider tax. But who's counting? Great business model. Maximize earnings with a move or stay and get less. Econ 101

That's two-bit tax avoidance. I'm talking about the big boys, Doc. Let's use Bank of America as an example.

 

According to the right-of-center Washington Times, in 2009 Bank of America took in $336 billion in bailouts from Uncle Sam but in '10 paid no taxes on profits of $4.4B, thanks to its 115 offshore tax havens.

 

The company needs to remove "America" from its name. Call it "Bank of Shame."

 

Top ten list: Tax evaders' wall of shame | Washington Times Communities

 

Who came up with the bank bailout?

Who came up with the bank bailout?

Obama's predecessor, Geo. W. Bush, signed the Troubled Asset Relief Program (TARP) into law Oct. 3, 2008.

 

Were you expecting a different answer?

Supported by both parties. Example of big government and why some of us want new blood in DC to fight this mess. Some of us want guys like Cruz, Massie and Paul. This is the answer I am looking for, not more big government from Reid, Pelosi, McCain and Obama.

Twotoplace said it best - if you don't like it, get out. Those Republican policies led us to a lot of financial problems in 08 and Obama is still trying to dig us out of the mess that Republicans got us in.

 

The Dems took over the house the in 2006. That was the beginning of the end. The TBTF banks own both parties though. The bailout was coming regardless. And remember - the Dems who controlled the house voted for it as well.

 

Even this administration is directly tied to the big banks in so many ways. Obama's mother was major banker living the top floor of the Hilton in Pakistan for many years after starting with the Ford Foundation banking function, his grandmother was banker. Obama's mother worked for Tim Geithner's father (interesting relationship) at the Ford Foundation. Susan Rices father was head of the Fed after being involved with international banking in Nigeria. The financials institutions control both parties. If they did not no one would agree that TBTF is a good policy.

We need to have fewer regulations so we can see a repeat of the '08 financial meltdown.

Twotoplace said it best - if you don't like it, get out. Those Republican policies led us to a lot of financial problems in 08 and Obama is still trying to dig us out of the mess that Republicans got us in.

 

Won't happen again. The banks haven't been coerced to make bad home loans to underprivileged deadbeats who can't afford them (a la Janet Reno & Bill Clinton). That financial bubble doesn't exist like it did in 2007-8.

Supported by both parties. Example of big government and why some of us want new blood in DC to fight this mess. Some of us want guys like Cruz, Massie and Paul. This is the answer I am looking for, not more big government from Reid, Pelosi, McCain and Obama.

"You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate." --Joseph Stiglitz, Nobel Prize-winning economist, Columbia University.

Obama's predecessor, Geo. W. Bush, signed the Troubled Asset Relief Program (TARP) into law Oct. 3, 2008.

 

Were you expecting a different answer?

 

GWB unfortunately signed it into the law, but the ones who came up with the idea, and the bailout, was the Democratically controlled Congress.

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