InvestorsHub Logo
Followers 9
Posts 1854
Boards Moderated 0
Alias Born 09/03/2010

Re: None

Monday, 10/02/2017 10:19:43 AM

Monday, October 02, 2017 10:19:43 AM

Post# of 10657
No one subsidized YSYB's 2011-12 ($35.5M) NET LOSS!

YSYB Net Losses:
2011 Net LOSS: ((( $14,963,711. )))
2012 Net LOSS: ((( $20,544,333. )))
----------------------------------------------------------
((( TOTAL: US$35,508,044 NET LOSSES FOR 2011 & 2012 )))

No one subsidized YSYB's $35.5 MILLION LOSSES FOR 2011 & 2012.

They also surely incurred substantial losses for reimbursement adjustments to their forced move of TWO FACTORIES, although we have yet to see those numbers; obviously noteworthy. ( It's understandable why! )

One out of four U.S. corporations pay no taxes! That's subsidizing USA corporations tax avoidance havens.
Link for proof below.

KEY TAKEAWAY:
( China corporations pay a lot more taxes IN BOTH USA & CHINA; & China subsides are TINY & FEW compared to the massively larger USA.. )
China exceptions are only chosen select sectors of (emerging growth) industries that need a fairness upgrade.
You'll of course hear otherwise from Chamber Of Commerce & Repub activists who cloud the issue.
MOST ALL TOP CHINA INDUSTRIES PROVE PAYMENT OF BOTH CHINA & USA TAXES ON SEC FORMS.
WHY DON'T EVADING USA CORPORATIONS TAX CHEATS?
Answer: ( Big business controls scant little oversight by politically engineering oligarchy NO OVERSIGHT REGS.
Franklin Delano Roosevelt solved this with ANTI-TRUST LAWS, that are ignored now in the U.S. Oligarchy run by corporate billionaires.

In 1938, President Roosevelt warned that “the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism.”

An article about the history of the Democratic party by Matt Stoller in The Atlantic reminds us that a similar choice was articulated by the great American jurist Louis Brandeis. “We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.” In 1936, the congressman Wright Patman managed to pass a bill against the concentration of corporate power. Among his targets was A&P, the giant chainstore of his day, that was hollowing out towns, destroying local retailers and turning “independent tradesmen into clerks”.
In 1938, President Roosevelt warned that “the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism.” ( USA 1% billionaires pushing FASCISM is almost worse than 'Command' Communism. )
"The Democrats saw concentrated corporate power as a form of dictatorship. They broke up giant banks and businesses and chained the chainstores. What Roosevelt, Brandeis and Patman knew has been forgotten by those in power, including powerful journalists. But not by the victims of this system.
One of the answers to Trump, Putin, Orban, Erdogan, Salvini, Duterte, Le Pen, Farage and the politics they represent is to rescue democracy from transnational corporations. It is to defend the crucial political unit that’s under assault by banks, monopolies and chainstores: community. It is to recognise that there is no greater hazard to peace between nations than a corporate model which crushes democratic choice." End quote.

Trump tax plan for 'average Americans' would mainly help richest 1%, study finds:
https://www.theguardian.com/us-news/2017/sep/29/trump-tax-plan-benefit-richest-1-percent?CMP=Share_iOSApp_Other

Senator Bernie Sanders' office pointed us to a Government Accountability Office study from 2008. The GAO conducts analysis for Congress. In one sense, that study found that Sanders understated the situation. For all corporations, about two-thirds, or about 1.2 million, paid no federal income taxes in 2005. But many of those firms are quite small -- an owner and a couple of employees. For large U.S.-controlled corporations, those with at least $250 million in assets or $50 million in gross receipts, one out of four paid no taxes, as Sanders said. The total revenues for those large companies was about $1.08 trillion, but very many paid NO taxes.

Here's the proof:
https://berniesanders.com/press-release/sanders-singles-out-top-10-corporate-tax-dodgers/

https://live-berniesanders-com.pantheonsite.io/wp-content/uploads/2016/01/List10CorporateDodgers.pdf

Also:
'GAO' = U.S. Government Accountability Office
TAX ADMINISTRATION:
Comparison of the Reported Tax Liabilities of Foreign- and U.S.-Controlled Corporations, 1998-2005
GAO-08-957: Published: Jul 24, 2008. Publicly Released: Aug 12, 2008.
http://www.gao.gov/products/GAO-08-957

Proofs of vast USA corporate subsidies have grown deeper & larger; making China's tiny & few EMERGING ECONOMY subsidies of no comparable significance whatsoever. But deep pockets continue to smear issue.
YSYB would have filed compliance by now if it wasn't for the new 2017 present administration's TARIFF THREATS TOWARD CHINA, & multiple broken treaty obligations that destroyed all previous decades of diplomacy.
CHINA has 'BIT' "Bilateral Investment Treaties" IN FORCE with 140 countries presently; & had finished their BIT with the USA except for signing in the last administration. It would have been a DONE DEAL for YSYB's return to compliance if it were not for Trump's negligence. And there you have it, folks. YSYB is not solely to blame.
YSYB has reborn & prospered several times through hardships that were not their fault. That says a lot!
YSYB is presently BOOMING! They're looking for a fairer playing field once they get their newest agricultural endeavors up & stably running. They'll no doubt be dual listing in Hong Kong as well possibly sooner than planned.
Our USA Semper Fi ( 'DUCTUS EXEMPLO' ) Patriotism was decorated with a Purple Heart. ( Was yours? )
And we also think like YSYB OWNERS, rather than ticker traders. We care too about YSYB earnestly. YSYB's NON-GMO healthier exclusivity will help fight against Monstanto's poisoning the world with carcinogenic GMO insecticide GLYPHOSATE, so actually shareholders are helping humankind live longer worldwide. It's a GREEN company! GLTA ~> >> GO YSYB! >>> >>>>>





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.