Trillion-Dollar Tax Holiday

Puisque nos multinationales font de l’évasion fiscale, ils ne veulent pas rapatrier les trillions de profits qui ont cumulé hors des frontières américaines en payant des impôts.

Donc, il engage des groupes de pression pour influencer le Sénat pour leur donner une année de ‘tax free’, leur permettant de ramener les profits au pays sans avoir à payer des impôts, entre-temps plus de 46 millions de concitoyens américains vivent sur le seuil de pauvreté.

Pas pire, comme réussite économique …


Lobbying for a Trillion-Dollar Tax Holiday - 2

«En moyenne, les pays de l'OCDE ont réduit leur taux d'impôt sur les sociétés de 40 % ces vingt dernières années. Durant la dernière décennie, la concurrence fiscale s'est encore intensifiée sous l'influence de la mobilité croissante des multinationales.

La mondialisation

Une autre lacune des idéologies prônant la mondialisation, c'est leur grande difficulté a arrimer les régimes d'imposition a cette nouvelle réalité économique.

Dans un monde libre d'entraves économiques, les multinationales peuvent magasiner leur régime d'imposition et choisir le pays qui leur offre les taux d'imposition les plus avantageux.

Au fil des ans, cette dynamique a plongé les pays dans une concurrence féroce et a engendré une chute dramatique des taux d'imposition applicables aux multinationales.»

«Here again, large corporations lead the charge in tax arbitrage. U.S. tax law allows multinationals to indefinitely defer their tax obligations on foreign earned profits until they ‘repatriate’ (send back) the profits to the U.S. U.S. corporations have increased their overseas stash by 70% in four years, now over $1 trillion—largely by dodging U.S taxes through a practice known as “transfer pricing”.»


Extrait de: Lobbying for a Trillion-Dollar Tax Holiday, By Jesse Drucker, Richard Rubin, and Ryan Mac Bloomberg Business Week, 15 Sept 2011

U.S. multinationals want a one-year tax break to bring profits earned overseas back home. And they're hiring lots of former congressional staffers to lobby for them

U.S. multinationals like Pfizer, Cisco, and Apple have parked more than $1.3 trillion in profit overseas, avoiding federal income taxes. Typically, when earnings are returned to the U.S.—or “repatriated”—they are taxed at the 35 percent corporate rate, with credits for foreign income taxes paid. U.S. multinationals, however, are seeking a reprise of a 2004 tax holiday that allowed them to repatriate offshore earnings at a rate of 5.25 percent. Under that break, companies brought home $312 billion.

They did little direct hiring or domestic investment with the cash, according to several independent studies.

Instead they used it largely for stock repurchases. Multinationals liked that just fine, and they’re now using former congressional staffers—lots of them—to lobby their old bosses for a second break. They’re working for a variety of firms and associations, including Win America, a coalition of companies and trade groups dedicated to winning this holiday. Bloomberg Businessweek found that at least 60 former staffers for current members of Congress have been hired, part of more than 160 lobbyists pressing for the break. Both tallies likely understate the true number because of loose lobbying disclosure rules. This chart details some of the key lobbyists and their congressional connections, as well as other players

Après on se demande pourquoi les Américains ne croient plus
à leur système démocratique.

Lobbying for a Trillion-Dollar Tax Holiday