LOL http://taxfoundation.org/blog/everything-you-need-know-about-corporate-inversions There have only been about 80 planned or actual inversions since the 1980s, why don't you go through the tape texxx on your non-issue that affects 0.5% of the corporate tax base? This is too rich. You're just punching yourself in the face at this point.
Since Bigtexxx never provides any data to backup his bs. I did a little exercise of putting corporate tax rates vs unemployment rates. My data is from KPMG and World bank. HTML: Tax UE Afghanistan 20 9.1 Albania 15 16.1 Algeria 19 9.5 Angola 35 6.8 Argentina 35 8.2 Armenia 20 17.1 Australia 30 6 Austria 25 5 Bangladesh 27.5 4.3 Barbados 25 12 Belarus 18 5.9 Belgium 33.99 8.5 Bolivia 25 2.7 Bosnia and Herzegovina 10 27.9 Botswana 22 18.2 Brazil 34 6.8 Bulgaria 10 11.6 Cambodia 20 0.4 Canada 26.5 6.9 Chile 20 6.4 China 25 4.7 Colombia 25 10.1 Costa Rica 30 8.3 Croatia 20 16.7 Cyprus 12.5 15.6 Czech Republic 19 6.2 Denmark 24.5 6.6 Dominican Republic 28 15 Ecuador 22 4.6 Egypt 25 4.6 El Salvador 30 6.2 Estonia 21 7.7 Fiji 20 7.9 Finland 20 8.6 France 33.33 9.9 Georgia 15 13.4 Germany 29.58 5 Ghana 25 2.4 Gibraltar 10 2.4 Greece 26 26.3 Guatemala 28 2.9 Honduras 30 3.9 Hong Kong SAR 16.5 3.9 Hungary 19 7.8 Iceland 20 5 India 33.99 3.6 Indonesia 25 6.2 Iraq 15 16.4 Ireland 12.5 11.6 Israel 26.5 6.1 Italy 31.4 12.5 Jamaica 25 13.2 Japan 35.64 3.7 Jordan 14 11.1 Kazakhstan 20 4.1 Kenya 30 9.2 Korea, Republic of 24.2 3.5 Kuwait 15 3 Latvia 15 10 Lebanon 15 6.4 Libya 20 19.2 Lithuania 15 11.3 Luxembourg 29.22 6.1 Macau 12 1.5 Macedonia 10 1.5 Malawi 30 7.5 Malaysia 25 2 Malta 35 5.9 Mauritius 15 7.7 Mexico 30 4.9 Montenegro 9 19.1 Morocco 30 10.2 Mozambique 32 22.6 Namibia 33 18.6 Netherlands 25 6.9 New Zealand 28 5.6 Nigeria 30 7.5 Norway 27 3.4 Oman 12 7.2 Pakistan 34 5.2 Panama 25 4.3 Papua New Guinea 30 2.5 Paraguay 10 4.5 Peru 30 4.2 Philippines 30 7.1 Poland 19 9.2 Portugal 23 14.2 Qatar 10 0.3 Romania 16 7 Russia 20 7 Saudi Arabia 20 5.6 Serbia 15 22.2 Sierra Leone 30 3.3 Singapore 17 3 Slovakia 22 13.3 Slovenia 17 9.5 South Africa 28 25.1 Spain 30 24.7 Sri Lanka 28 4.6 Sudan 35 14.8 Suriname 34.5 5.6 Sweden 22 8 Switzerland 17.92 4.5 Syria 22 4.5 Taiwan 17 10.8 Tanzania 30 3.1 Thailand 20 0.9 Trinidad and Tobago 25 4 Tunisia 25 13.3 Turkey 20 9.2 Uganda 30 3.8 Ukraine 18 7.7 United Arab Emirates 55 3.6 United Kingdom 21 6.3 United States 40 6.2 Uruguay 25 7 Vietnam 22 2.3 Yemen 20 26.2 The correlation for this data is -.12182 and R^2 is .0148. Basically the two are not correlated at all. If you plotted the data you would find a negative slope Aka countries with higher tax rates have lower UE. However, the data is saying the corporate tax rates really aren't very correlated with unemployment rates.
Your statement was "You think Obama runs the Fed?" What I asked was "Obama doesn't have any influence on Fed actions?" If you don't see the difference, you need to get a refund from Rice. runs =/= has influence
Ha! You continue to display your ignorance. The only practical way for inversions to happen today is through an acquisition under which the acquired company makes up 20-40% of the combined new company. That leads to job loss in the form of acquisition synergies, my friend! And job loss that wouldn't have happened if they weren't enticed by tax "synergies"! Despite your furious googling, you're getting absolutely obliterated today.
This is some of the worst analysis I've ever seen in my life. You assume that all else is equal in these countries, except the tax rate? What a stupid assumption!
Let me just hammer that in again. http://www.epi.org/publication/ib364-corporate-tax-rates-and-economic-growth/ i just lol at threads like these, but thanks for bringing some data to the plate. (FWIW, I think you really only want to sample OCED nations instead of all nations. It's also a hell of a task to normalize UE and effective tax rates across a broad variety of countries, but that's a very technical point.)
Bahaha. Your MBA course in economics 101 is not holding up. http://www.barrons.com/articles/a-tax-inversion-is-no-injustice-1449294535 If you're going to cite an issue that will move the needle 0.5%, at least bring more proof--you have 60-80 situations to choose from.
You can only cite the Pfizer piece as your anecdotal evidence? Classic logic flaw. You can't even speak to the basics, son. You're getting whipped today. Gather yourself, take a break, and come back composed.
bahahaha. Your entire thread has no data. I'm literally using you as a punchbag because I need a few outlets to write in after one coffee too many. Let's not confuse this with an actual debate. If you're going to point out that I have a logic flaw for using anecdotal data, what does that say about the zero data you use? Can you not read what the Tax Foundation has to say about the 60 or so cases they've seen? i love you texxy, but keep yourself away from numbers/facts. Stick with MBA-buzzword bulls**t, it suits you better
Even if I did multi variable regression, corporate tax rates would have a low correlation to GDP, UE, etc. Of course there are multiple factors that effect the economy. The point of regression is to figure out what factor effect the output and which don't. If x= a+b+c+d+e+f+g .. Where c=corporate tax rates it would still have a low correlation to UE, GDP, etc. Unless you want to pick specific points to prove something in which case you are not doing real statistics.
I did one a few years ago... https://drive.google.com/file/d/0B3E7IZf1pxPeMXpCY3JVakktTHM/view?ths=true
you sir have a way with words. so you are saying the tepid recovery happened in spite of obama. also that if mccain were president we have what a drastically higher participation rate, unemployment at 3-4%, and all swaths of industry would be increasing wages 5-8% more? ok i guess
Obama has outsourced his job growth efforts to the Federal Reserve. Even with this mammoth tailwind of stimulus at his back, all we could muster was one of the weakest recoveries since the great depression of the 1930s. We knew we'd recover - that always happens. What was sad was the magnitude of the recovery - very weak!
As much as I enjoy seeing liltexx getting thrashed in debate, even this is too much of a thrashing for me. Liltexx... take a week off and come back when the wounds have healed.
I've humiliated Northside, who can't even articulate the basics of corporate inversions, and thinks this has been a great recovery! He's simply out of his league.
You're clearly upset, and its effecting your judgement. I am beginning to worry about you. Take a week or two off, maybe enroll in an on-line economics course or two. You will regain your form, hopefully.
