Paradise Papers: New leak from offshore finance firm

Post by nodesocket » Sun, Nov 05, 2017, 9:43 PM UTC

astrodust wrote: post #215

nodesocket wrote: post #80

Earlier quoted context omitted.

> Money that you spend on buying software, hiring etc isn’t generally taxable anyway. A business is generally taxed on income, not revenue. But reducing my quarterly and annual tax liabilies allows me to spend more on these things because there is more cash for the business at the end of the day.

If you're growing your company based on cash-flow you're slowly strangling your company to death. If it's profitable, leverage it. You don't have to go nuts and borrow millions, but if you can generate a better return on debt than the interest rate, which shouldn't be too hard given today's interest rates, you can build your business faster. If you're aggressively expanding your company you'll be channelling any prof…

Post by tomjakubowski » Sun, Nov 05, 2017, 9:44 PM UTC

vasilipupkin wrote: post #220

vonnik wrote: post #212

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Hi Vasili - I don't think you understand. He bought an office building on Wall Street in the mid-1990s for $1 million. That's a price so low that it's shady. As usual with Trump, he buys real estate at prices that don't make sense unless you assume there's another half to the trade. Then he borrows money against the building's supposed increase in value and uses that debt as income without an income tax. His deals ar…

do you have any evidence that buying an office building on wall street for 1 million in the 90s is a shady price that doesn't make sense? also, how in the world did you bring facebook into this conversation?

Post by Mouse47 » Sun, Nov 05, 2017, 9:45 PM UTC

grondilu wrote: post #161

dagss wrote: post #139

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"Justice" means upholding laws? Most of the world has signed conventions that makes basic livelihood a right -- and puts it on the state to ensure this. Perhaps you don't agree with these laws and conventions. But please consider that the very concept of "ownership" and "property" is also something that is only upheld by laws. Also on a pragmatic level, why should those without property acknowledge and support a stat…

> to social unrest / revolutions that causes problems for rich people as well. Some problems for sure, but it's probably manageable. Poverty is not and should never be an excuse for crime. Rich people can build as many prisons as necessary.

Post by tradersam » Sun, Nov 05, 2017, 9:47 PM UTC

gaius wrote: post #130

otherme1 wrote: post #95

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Anyone with less than half the money the militars spend should had "got" me all those things. Militars have that awful economic drag building expensive things just to blow them in some far away place without any return.

Anyone with less than half the money the militars spend should had "got" me all those things. But they didn't. As the old saying goes, the Swiss had peace for 500 years and all they invented was the cuckoo clock.

Post by fjsolwmv » Sun, Nov 05, 2017, 9:47 PM UTC

weirdstuff wrote: post #230

ianai wrote: post #112

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They clamor for justice behind Donald Trump though. He’s used the mass’ frustrations to his own end, and they loved it enough to vote him into power.

I know Trump voters, the majority of whom don't like Trump at all. Their reasoning: "Why delay the inevitable? How else to wake up the country but to elect a disaster? As things get worse we're ready as we'll ever be." (FYI: I'm in Michigan where enough of us held back our Clinton vote to send a message that we need a progressive non-corporatist. Margin of victory for Trump was smaller than empty presidential section…