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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (622797)	8/4/2011 6:08:21 PM
From: Alighieri	Read Replies (1) \| Respond to of 1579813

This, in no way, contradicts anything I've said. You cannot look at any one year and draw meaningful conclusions. Further, as I've discussed here ad nauseum, one cannot rationally look at "U.S. Federal Income Taxes" and make any determination as to whether a global corporation is paying "its fair share". It just isn't meaningful in that sense. On the subject of tax loopholes, some do exist. But largely, they are difficult problems to solve, and the "solutions" usually lead to even more complicated scenarios to deal with. If a company relocates to an offshore "tax haven" -- which will happen when corporate rates get out of control -- what are you going to do? As I explained to you here months ago, these are complicated arrangements and difficult or impossible to regulate. The reason nothing has been done about it in all these years is that there is no workable solution in a global economy. Congratulations dave...a post that makes its points without obnoxious and pompous side commentary...even as I may disagree it's refreshing...well done. Al