Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

rpannier

(24,365 posts)
55. Agree in part
Tue Apr 5, 2016, 09:01 PM
Apr 2016

Where I disagree is about the jobs, not because I know for sure either way and you may be right
But, that argument has been used for the last 4 decades on why we can't or shouldn't do anything about overt illegal behavior by persons or organizations, like banks, because it will costs jobs.
Even though we bleed jobs and a small group of people soak up the profits

The problem with taking it is (IMO) not all of it is illegally housed there
Just because someone has assets overseas does not mean they're doing something illegal (or immoral)
I have money in three countries (no tax havens) in Korea, Japan and the US because those are the places my work has me most of the time
If I had a business in the Philippines I'd likely deposit money there
That some people put money there for tax purposes and it is legal is not their fault.
When they put it there illegally, which David Cameron's father may have done and he may still be profiting from is another issue entirely and those things should be prosecuted

For the most part, people have always known they've done it. But it's the old, "I'm shocked I tell you! Shocked! Shocked that there's gambling and prostitution going on here!" response by some
We're also now stuck with the crank conspiracy theorists who have lept from the word work

*Rambling a bit I know*

If They Complain Lock Them Up scottie55 Apr 2016 #1
Oh Don't Worry liberalmike27 Apr 2016 #35
or given a death sentence for selling cigarettes.... hopemountain Apr 2016 #65
Well for a start it's neither all or most US citizens' money whatthehey Apr 2016 #2
No, I Am Talking About Americans scottie55 Apr 2016 #3
"Our" portion wouldn't come close to $32 Trillion ... aggiesal Apr 2016 #8
You do realize a whole lot of that money is not "American" money? Hoyt Apr 2016 #4
Each nation should seize the assests of those citizens who are hiding their ill gotten gains. OregonBlue Apr 2016 #6
I hear what you are saying, but I suspect hundreds of millions of people would be without jobs in a Hoyt Apr 2016 #9
Hoyt, I Think You Are Wrong scottie55 Apr 2016 #14
There wouldn't be $8 Trillion there, and I doubt you could legally take anything but Hoyt Apr 2016 #34
I haven't had time to look it up elljay Apr 2016 #56
You are probably right to a degree. But it would be KPN Apr 2016 #24
"Jobs will be lost" SomeGuyInEagan Apr 2016 #27
Haha. KPN Apr 2016 #33
I agree 100%. If they owe taxes, it should be collected immediately or throw the bums in jail. Hoyt Apr 2016 #36
How about both? KPN Apr 2016 #37
That's OK, although I'd just soon they keep making money (if legitimate) so we increase their taxes. Hoyt Apr 2016 #38
That's the confusion in the OP. Is the OP about just taking all the money in those accounts JDPriestly Apr 2016 #48
What's funny about the whole thing ... is that this is ALL just fucking digits inside computers ... brett_jv Apr 2016 #64
Sounds like the same old same old. When are we going to say enough is enough. There will always be OregonBlue Apr 2016 #39
Agree in part rpannier Apr 2016 #55
seize and exile fierywoman Apr 2016 #53
THe Mid-east Oil wasn't ours either Ferd Berfel Apr 2016 #44
Actually in this case, it does not appear ours is the largest. And, by law, at best we'd be Hoyt Apr 2016 #45
Your rationalization for Hillary's vote to give Bush authorization "if needed" is rhett o rick Apr 2016 #57
Of course she did Ferd Berfel Apr 2016 #67
Perhaps you can find a post you made at the time predicting what would happen if Hoyt Apr 2016 #68
The Right and Wrong Questions About the Iraq War Ferd Berfel Apr 2016 #69
Again, maybe you have some proof of how you were aware of this and protested loudly. Hoyt Apr 2016 #70
spoken like a $hillary SoLeftIAmRight Apr 2016 #61
Time to apply the 'grab and snatch' approach just reinforced by DOJ Scalded Nun Apr 2016 #5
I like your misspelled word...it fits. SammyWinstonJack Apr 2016 #20
Like "perpetraitor" too. chapdrum Apr 2016 #30
I guess it's just pin money for a rainy day world wide wally Apr 2016 #7
what makes you think it's only republicans? magical thyme Apr 2016 #19
Yup. KPN Apr 2016 #25
Could use that money to properly fund schools abelenkpe Apr 2016 #10
Sounds good to me. scottie10 Apr 2016 #13
Imagine 32 Trillion Spent On Developing Alternative Energy scottie55 Apr 2016 #11
I Saw An Estimate 8 Trillion Was American Loot scottie55 Apr 2016 #12
But...austerity! deutsey Apr 2016 #15
EAT YOUR PEAS, right Obama? SammyWinstonJack Apr 2016 #21
How much has Trump hidden? Bernardo de La Paz Apr 2016 #16
take the keys and lock them up, lock them up, lock them up , my fair lady o allan01 Apr 2016 #17
The German newspaper that is the equivalent of the American Wall Street Journal . . . DrBulldog Apr 2016 #18
Yup... 2naSalit Apr 2016 #23
I wish !! TryLogic Apr 2016 #22
They need a real criminal penalty and seizure law just like drug dealers MattP Apr 2016 #26
Change the color of money from green to red. nilesobek Apr 2016 #28
We found our stolen loot felix_numinous Apr 2016 #29
Asset Forfeiture was the first thing that came to mind. n/t Skwmom Apr 2016 #31
Prosecute the bass turds! RoccoR5955 Apr 2016 #32
Agreed colsohlibgal Apr 2016 #40
Something should be done to the banks too. passiveporcupine Apr 2016 #41
Financial/Korporate elites are a cancer on the world nikto Apr 2016 #42
But, but, but...they're job creators! IronLionZion Apr 2016 #43
The benefactors have drawn up their own laws felix_numinous Apr 2016 #46
Hoarders. DamnYankeeInHouston Apr 2016 #47
RICO maindawg Apr 2016 #49
What role did this hoarding of capital offshore play in the 2008 Bush economic collapse? L. Coyote Apr 2016 #50
Bingo scottie55 Apr 2016 #63
Just heard Obama on the radio robbob Apr 2016 #51
Just Like None Of The Wall Street Scum Did Anything Illegal Right Barack? scottie55 Apr 2016 #62
$15/hr, more green energy projects and jobs, more aid for elderly and sick, etc.... glinda Apr 2016 #52
Offshoring is a crime against democracies. Seize it all, not just the taxes due. stuffmatters Apr 2016 #54
finally. what a good idea! ish of the hammer Apr 2016 #58
Nationalize those funds until they can prove their tax burden has been met. nt Snotcicles Apr 2016 #59
But it's the global elite who buy the laws that allow them to offshore their hoards. nt valerief Apr 2016 #60
Of course, cannabis_flower Apr 2016 #66
Latest Discussions»Issue Forums»Economy»32 Trillion In Tax Havens...»Reply #55