Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: microhoogle! who wrote (60816)	1/2/2013 8:48:21 PM
From: Wayners	1 Recommendation Read Replies (1) \| Respond to of 71588

I don't think so generally and here is why. Any newcommer first has to know what they are doing and also has to know how to balance risk and reward. Those that leave have already done the calcuations and know that the probabilities don't allow further investment because of regulations and taxes. They know that in a random sample that 7 out of 10 times they lose money. Very poor odds. Bring in the newcommers with the same odds. The business doesn't work for those that know better and left and certainly won't work for newcommers.

To: microhoogle! who wrote (60816)	1/3/2013 12:38:51 AM
From: LLCF	Respond to of 71588

The fact is taxes are silly low on the wealthy here and no one is going anywhere... just ask McAffey!! LOL These clowns make this crap up... we made tons of money when tax rates were higher, and I see NO reason that we won't make tons of money again when they go back up. Just dumbs morons either make this stuff up... or someone is spoon feeding it to them like babies. DAK

To: microhoogle! who wrote (60816)	1/3/2013 9:30:43 AM
From: Peter Dierks	Respond to of 71588

What you fail to understand is that when businesses leave they are the market. The next batch of wanna be rich have to take risks and also develop new markets. If you were a landlord for instance would you rather ask for 10% of your prospective tenants revenue or 31% plus a 4.5% surcharge for being successful? Perhaps you'd be French and demand 75% of their revenue. There is a mall a couple of miles up the road and another a couple of miles down the road. Your previously prospective tenants signed leases there rather than deal with your ridiculous rent demands. In today's increasingly international market it does not matter if you are in New York city, Kodiak Alaska or Peking China. you can have your products produced by a low cost bidder anywhere in the world and find fulfillment companies anywhere. In the modern history of the US regardless of tax rates tax collections have always hovered around 20% of GDP or less. If Obama gets 95% tax rates on the rich he will be collecting 20% of a much smaller pie. That is a one way trip to government failure.

To: microhoogle! who wrote (60816)	1/3/2013 11:03:31 AM
From: pcstel	1 Recommendation Read Replies (2) \| Respond to of 71588

>Mmmm.. if rich shut down business and go overseas (where? maybe to Mars) someone else will take their place and become rich. Rich can take their marbles and go away but they cannot take the game (market) with them.< "Rich Americans renouncing U.S. citizenship rose sevenfold since UBS AG (UBSN) whistle-blower Bradley Birkenfeld triggered a crackdown on tax evasion four years ago.About 1,780 expatriates gave up their nationality at U.S. embassies last year, up from 235 in 2008" Who says they are "shutting then down"?.. They are just taking many of the jobs and corporate assets and relocating to a new country. They take their marbles AND THE GAME. U.S. Firms Move Abroad to Cut Taxes Despite '04 Law, Companies Reincorporate Overseas, Saving Big Sums on Taxes Since 2009, at least 10 U.S. public companies have moved their incorporation address abroad or announced plans to do so, including six in the last year or so, according to a Wall Street Journal analysis of company filings and statements. That's up from just a handful from 2004 through 2008.The companies that have moved recently include manufacturer Eaton Corp., ETN +0.41% oil firms Ensco International Inc. and Rowan Cos., And so it goes, PCSTEL