“Corporations use all sorts of complex stratagems to move their profits overseas, and thus escape the U.S. income tax.” MovingTaxesIncome Tax Author:T.R. Reid
“The higher the rate, the more interest there is in avoiding the tax. Either you move or you shift your profits overseas, as American corporations have proven very good at doing.” MovingInterestTaxesRateVery GoodAvoiding Author:T.R. Reid
“You also get a deduction in America for taking a night school course, growing sugarcane, moving to a new city for a job, replanting a forest, insulating the attic, destroying old farm equipment, employing Native Americans, commuting to work by bicycle - but only if the bike is regularly used for a substantial portion of travel - or buying a plug-in hybrid sports car, or buying a recreational vehicle. I mean there are hundreds of them, and most of them are nuts.” MeanSchoolMovingNightSportsCarNativeVehicleNative AmericanBicycleHybrid Author:T.R. Reid