Comments on: Do tech giants really need a tax holiday? http://blogs.reuters.com/mediafile/2011/10/25/do-tech-giants-really-need-a-tax-holiday/ Where media and technology meet Wed, 16 Nov 2016 08:48:25 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: hereiam2005 http://blogs.reuters.com/mediafile/2011/10/25/do-tech-giants-really-need-a-tax-holiday/#comment-390695 Wed, 26 Oct 2011 05:31:03 +0000 http://blogs.reuters.com/mediafile/?p=30585#comment-390695 Business are designed to earn profit. Customers are where the cash is. So its our job to pay up. IF an analogy is required, we are the golden goose. Or the Cash Cow (TM). That is all there is to it.
The Cows have limited cash – after all, they can only makes so much. Therefore, credit card was invented – so we can sell the future to buy more. When credit cards swelled up too much, mortgage is created – mortgage the house to buy more. When mortgage swelled up too much, derivatives was created – so we can mortgage more than we worth, to buy more.
If you are a farmer, it is common sense that you have to feed the cows so that they can make milk for you. If you refuse to feed it, sooner or later it will die, and you can no longer milk it.
Problem is, common sense does not exist on Wall Street. The Cash Cows (TM) are dying. And they keep on milking to the last drop. Those with common sense would, for their own profit, just like the farmer, feed the cows first, to milk it latter. But there are those who prefer to butcher the cows, take the profit, and enjoy – after all, why not? Unlike the farmers, the Big Bosses made enough doughs for hundreds of lifetime together – enough for him, his children, his grand children, grand grand children, and all of their bastards.
Now, the Cash Cows (TM) are incredibly confused, and rightly so. Livestock are meant to be stupid, and they should be. After all, who in the right mind would happily support and encourage the butchered, until their last moment, to be butchered? Unfortunately some of the Cash Cows (TM) got smart. But they got isolated, marginalized, and attacked by the rest of the Cash Cows (TM) who are so depended on the Farmers to be fed.

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By: matthewslyman http://blogs.reuters.com/mediafile/2011/10/25/do-tech-giants-really-need-a-tax-holiday/#comment-390694 Wed, 26 Oct 2011 05:20:56 +0000 http://blogs.reuters.com/mediafile/?p=30585#comment-390694 The State Department should get onto this! It’s high time for some international negotiation and agreement, and if necessary, arm-twisting; to remove the prospect of hard-working economies bleeding more cash into idle “tax havens”. Is there any other long-term solution, apart from worldwide harmonisation of tax policies?

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By: jjw120 http://blogs.reuters.com/mediafile/2011/10/25/do-tech-giants-really-need-a-tax-holiday/#comment-390686 Tue, 25 Oct 2011 18:52:27 +0000 http://blogs.reuters.com/mediafile/?p=30585#comment-390686 The question is, how much tax revenue will we collect if we don’t give a tax holiday. One can argue that we would collect more with a tax holiday than we will without.

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By: StefanTS http://blogs.reuters.com/mediafile/2011/10/25/do-tech-giants-really-need-a-tax-holiday/#comment-390685 Tue, 25 Oct 2011 18:46:17 +0000 http://blogs.reuters.com/mediafile/?p=30585#comment-390685 Instead of asking companies to “pay their fair share” why not lobby for Congress to change the law. This is totally within their power to fix, it just lies outside their will to do.

You can’t expect a company to pay for something they are not legally required to.

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