Don't confuse Capitalism with PATRIOTISM. http://money.cnn.com/2007/03/12/news/international/bc.halliburton.mideast.listing2.reut/index.htm?cnn=yes
With falling stars of Bush and Cheney, it is probably good time to move out of US jurisdiction where their records can not as easily be accessible to future US governments.
How much does this company earn directly from US fed contracts? how many are no-bid contracts? How does this effect taxing the company? Off the top of my head.....the gov should seriously cut their contracts!
If this TREND continues, AMERICA should INVADE DUBAI to get the TERRORIST and put them in Gantanamo Bay. Obvious is not the opportunity in Middle East, but they are more concerned about COVERING THEIR FOOT PRINTS.
I think the government cutting their contracts will be the least of their problems in the future. Have you seen the government own report about the amount of money that is paid to them but has no documentation for what it is? Learning from Enron, worldcom,... experience, moving out of a US courts and prosecutors jurisdiction in my opinion is an excellent business decision for them. Let's document shredding begin.
There is one simple thing that is the basis for them moving: Taxes. If the US govt. would fix the tax code (and go to the fairtax), we wouldn't be losing US businesses...this is no different than all our textile businesses moving off shore as well. Why pay taxes when you don't have to?
As d16man has rightly pointed out he used to before he was VP, but the slimy bastard still has a hidden hand in the pot: http://www.cbsnews.com/stories/2003/09/26/politics/main575356.shtml This is the reason that people like Cheney love to bomb the shit out of countries for no reason, it is very very good for business. Do not be distracted by d16man cheerleading for Cheney, he is an evil bastard. (Cheney that is, not d16man.)
American tax law is very similar to Canadian tax law and as long as the corporation is controlled by Americans, the tax effects are marginal. Halliburton is also is not changing it's legal registration as American company and therefore subject to American tax laws. The problem is more related to this part:
He certainly is. He's one of the worst terrorists in the world mate. Anyway, where have you been? I didn't see any posts from you for the last few days. Did GTech give you a few of days off mate? I see you're back now though. I have counted at least 17 posts in the last 35 minutes.
Was in Denver skiing...decided on Thursday just to go...as far as posts...I'm in class, and I have to catch up... I love how you call Cheney a terrorist....he is so responsible for ramming airplanes into towers and chopping off people's heads...
This is seriously bad news for democrats and liberal whiners. Now they will have to pretend and claim that muslims are stealing muslim oil for war. This puts a crimp in their whining because they will not have an American company to claim, but never source facts, "we" are stealing oil. Under Clinton, or under Bush? Clinton gave numerous "no bid" contracts to Halliburton during his tenure. Oddly enough, when Cheney was actually running the company! And liberals never complained then. Hell, jawn carry actually owned stock in Halliburton back then! No, not in the least bit. And what part of your source shows Cheney still has his hand in the pot? Go ahead, AGS, I want you to prove/show that Cheney still has his hand in Halliburton. I'll slap you upside your head with facts so hard, you'll be angry for months! I dare ya! Here, I'll even start ya off without any sources. Cheney does have stock options. All earnings he makes from stocks go directly to charities. He also had deferred salary payments. In other words, he deferred part of his salary while he actually ran the company and BEFORE he was Vice President, so that he could be paid the salary already EARNED over a few years when he left. The company's profitability had no bearing on his deferred salary, because it was based on what he had already earned. Incorrect. This is the reason moonbats that let alex jones think for them, instead of thinking for themselves and actually doing research, get made a fool of. Incorrect again. Cheney goes after the people you support. The people you support are the actual terrorists. Good work! I'm needing a personal secretary myself. Would you keep track of my posts too? And fetch me some coffee while you're at it!
It doesn't....think about this...what is taxed? Income, and income only. Large companies such as Halliburton are "taxed" by the govt, but who pays that tax? The ones that make income. Who makes the income? Stock holders and employees...thats it. The company passes on all those taxes to those that it employees and those that "own" the company via stocks. The company pays nothing. By moving to Dubai...the company will not be faced with having to pass this on to the hard workers of the company...therefore not only will the company have better profits, the workers will see better profits as will the stock holders. Happy Stock Holders means more money invested in the company, again raising buying power and bank account of the company. Of course, the US govt will still try to take out "taxes" on these earnings so that they can get their fair share.
Today, 9:55 AM Today, 11:01 AM Do you have any idea what you are talking about? Take your own advice and think before posting.
Do you honestly think that Cheney has cut all his ties with Halliburton? Cheney is driven by greed and money, he has been wagging Bush's tail since 2k2. He will somehow be making a fortune out of the disaster in Iraq and Afghanistan. He might be a terrorist with a lot of blood on his hands but he is not stupid, unlike your loverboy Bush. Rumsfeld will have his grubby hands in the pie too, I always think of Rummy as a bit of a twat but he is not stupid either, sure he talks in riddles a lot of the time but he's clever enough to make sure that he makes plenty of money from the disaster he helped to create. The question you and the rest of your crazy gang need to ask yourselves is this: Who benefits most from what is happening out in Iraq? It sure isn't the Iraqi people, neither is it them dumb Europeans, it also isn't the American people either nor America as a nation. It is big oil and contracting companies GTech. We have all known for months now that there will be no victory for the US and coalition forces out there, yet they (the US and coalition forces) remain out there. Why??? And please try and answer sensibly without trying the age old lie of protecting the USA from terrorists because that one has proved to be a turkey mate. If that were to be true (which it isn't) the amount of troops (3,100+) and resources (literally billions of dollars) wasted in this unholy disaster of a "war" could have been invested directly in the USA to protect it at source. Instead it is been fought out in a foreign land that just so happens to have plenty of oil and also because the country of Iraq is being decimated there is also a load of money to be made from them lovely no bid contracts too. It is time you and the crazy gang woke up to reality mate.
If you actually knew anything about the Tax code and all its millions of pages, then you would understand my two points...They are moving to get away from taxes....however, the company "technically" does not pay taxes, as I said...both posts were correct...read my second post, and you will see that halliburton is going to make more by allowing its investors to make more...time to invest if you ask me...
And also GTech, if you even think of mentioning them non-existant WMDs you are going on ignore as a punishment. Even your hero Bush admitted they didn't exist, hell he even joked about it.