You pay, but the rich don't!

Quote Originally Posted by Taichiliberal View Post
If it weren't so pathetic, it would be fascinating to examine how you IGNORE FACTS in the real world in favor of your own personal revisionist take.

No one said they didn't pay local taxes, I'm talking about the PROFIT the HOME CENTRAL company derives from their foreign branch!

Here stupid, learn something:

Apple’s Move Keeps Profit Out of Reach of Taxes


http://www.nytimes.com/2013/05/03/bu...pagewanted=all


More U.S. Profits Parked Abroad, Saving on Taxes

http://online.wsj.com/news/articles/...48131432634740

Oh, and I stand corrected on one point:

Revenue and profit are often used synonymously, but they mean quite different things in a general business sense and from an accounting perspective. Revenue, or sales, is the money brought into the company through sales of products and services. Profit is actual earnings after you subtract expenses from revenue.

http://yourbusiness.azcentral.com/re...ofit-1647.html

But my original post stands valid.


Again, you're a clueless leftist twit that doesn't know the difference between revenue and profit and can't comprehend the sources you quote.

Any debate about excess Corporate profits is based on ignorance in that corporations do not "pay" taxes. ALL tax costs are passed on to their "customers"; you and me.

The reality is that forcing corporations to pay MORE in taxes is actually a tax increase for EVERYONE. It would be better policy to not require corporations to pay ANY taxes at all. This would increase investment, which would create jobs, which would create MORE taxpayers resulting in MORE revenue.

Then all gains by shareholders and dividends distributed could be taxed at the taxpayers personal rate eliminating double taxation and lowering the costs of goods and services.

But alas, I am debating a clueless dunce stuck on Leftist talking points.

This ignorance based issue with corporate taxation is about as moronic as the income inequality canard. When has income ever been equal in the history of the world? NEVER!

As you can see folks, this idiot just IGNORES anything I post in favor of repeating his own version of reality...which as the chronology of the posts shows, is painfully ignorant of some hard facts. Hell, he even misses the boat on my admission of incorrect definitions regarding revenue and profit....although his own rhetoric acts as if one can exist without the other. :palm:

All TD can do is just parrot his proud willful ignorance and revisionism.....facts and logic be damned. Sad.
 
Again; the premise of any topic debating corporate tax rates or income inequality is based on the false belief that this nation has a revenue problem and not a spending problem.

It is false and merely illustrates a blind devotion to a Big Government Namny State by naive low information clueless dunces who hypocritically argue that Big Government is good and necessary; but only if THEIR Government "deciders" are in charge.

This is further evidence of why our founders sought to Constitutionally limit the Federal Government to our laws and defense reserving all other rights to the individual States. They understood that this one size fits all mentality led to an erosion of liberty and freedom resulting in societal decline and malaise.

Give naive gullible low information Liberals enough time, and they would transform America into Detroit.

Again, all TD does is just parrot in earnest what one can find in the absurd broadcasts of Levine, Limbaugh, Hannity, O'Reilly, or in the WND and NewsMax. Here, TD just IGNORES the FACTS in the opening posts in favor of some silly libertarian lunacy...which is the only way he can function. But hey, if it keeps him off the streets...:)
 
Quote Originally Posted by Taichiliberal View Post
Sorry Wack, but you're just being stubborn on this point and repeating what the article already addressed. Sen. Sanders offers a simple, yet effective way to do this.....and taking away selective tax breaks is just PART of the solution.

http://www.sanders.senate.gov/budget/

What exactly should I look at on this site regarding corporate taxes that you believe should be implemented?

So you either didn't read the entire page or you're just stalling to try and find some avenue to which you can pursue your "flat tax" bent as if it still has some legitimacy.

Look at the 2 charts titled Corporate Taxes & Corporate Profits Read the 10 part "Sanders Budget" (click the large arrow) and then we can talk.
 
So you either didn't read the entire page or you're just stalling to try and find some avenue to which you can pursue your "flat tax" bent as if it still has some legitimacy.

Look at the 2 charts titled Corporate Taxes & Corporate Profits Read the 10 part "Sanders Budget" (click the large arrow) and then we can talk.

Nothing personal but I'll be honest, going through Bernie Sanders website doesn't rank at the top of my list of top things to do today. His top ten list includes several recommendations for corporate taxes but also includes the pentagon and medicare. He doesn't address the actual corporate rate or deductions.
 
Again, all TD does is just parrot in earnest what one can find in the absurd broadcasts of Levine, Limbaugh, Hannity, O'Reilly, or in the WND and NewsMax. Here, TD just IGNORES the FACTS in the opening posts in favor of some silly libertarian lunacy...which is the only way he can function. But hey, if it keeps him off the streets...:)

I would say that he hasn't ignored anything. He is actually addressing the point you are trying to make by presenting another option to the problem you present. It just comes from the other end of the economic policy spectrum.
 
Nothing personal but I'll be honest, going through Bernie Sanders website doesn't rank at the top of my list of top things to do today. His top ten list includes several recommendations for corporate taxes but also includes the pentagon and medicare. He doesn't address the actual corporate rate or deductions.


You asked for a plan, he gave one. Since you can't discredit it, you dig for minutiae. You fail.
 
You asked for a plan, he gave one. Since you can't discredit it, you dig for minutiae. You fail.

Well considering the chances of his plan passing through Congress and being signed by the President probably aren't all that high I don't know if it is me that's failing. His plan doesn't address that members of Congress want to give benefits to companies based in their district/state to 1) keep jobs there and 2) hopefully have those companies donate to them. That's one of the reasons, imo, we aren't going to see major tax reform any time soon.

My guess is Bernie isn't going to complain about tax breaks and government benefits given to 'green' energy firms. He clearly states he wants them removed from oil companies though. Again, if we want to eliminate this and reduce the crony capitalism just level the playing field with a lower rate and eliminate all/most of the deductions.
 
Well considering the chances of his plan passing through Congress and being signed by the President probably aren't all that high I don't know if it is me that's failing. His plan doesn't address that members of Congress want to give benefits to companies based in their district/state to 1) keep jobs there and 2) hopefully have those companies donate to them. That's one of the reasons, imo, we aren't going to see major tax reform any time soon.
There's the rub. I wonder how many people that scream for higher taxes on corporations actually understand that it's tax breaks that bring the corporations and their jobs to their locale. If the tax breaks aren't there they'll just move on to the next city or worse the next country.
 
It seems that the right really doesn't have a problem with "social spending" as long as the least wealthy receive little to no benefit.
 
Quote Originally Posted by Taichiliberal View Post
Again, all TD does is just parrot in earnest what one can find in the absurd broadcasts of Levine, Limbaugh, Hannity, O'Reilly, or in the WND and NewsMax. Here, TD just IGNORES the FACTS in the opening posts in favor of some silly libertarian lunacy...which is the only way he can function. But hey, if it keeps him off the streets...

I would say that he hasn't ignored anything. He is actually addressing the point you are trying to make by presenting another option to the problem you present. It just comes from the other end of the economic policy spectrum.

As the chronology of the posts shows, TD displays sheer ignorance on aspects of the discussion and then ignores FACTS that disprove his assertions, then stubbornly continues to spew his "option" based on that ignorance. You can't leap frog over facts to try and establish an "other end of the economic policy spectrum".
 
Quote Originally Posted by Taichiliberal View Post
You asked for a plan, he gave one. Since you can't discredit it, you dig for minutiae. You fail.

Well considering the chances of his plan passing through Congress and being signed by the President probably aren't all that high I don't know if it is me that's failing. His plan doesn't address that members of Congress want to give benefits to companies based in their district/state to 1) keep jobs there and 2) hopefully have those companies donate to them. That's one of the reasons, imo, we aren't going to see major tax reform any time soon.

My guess is Bernie isn't going to complain about tax breaks and government benefits given to 'green' energy firms. He clearly states he wants them removed from oil companies though. Again, if we want to eliminate this and reduce the crony capitalism just level the playing field with a lower rate and eliminate all/most of the deductions.

Your guess work non-withstanding, here's the deal:


Stop and think.....if they are able to hide and squirrel away damn near BILLIONS of dollars, then the prices they have are doing a pretty damned good job of making profit. So they can damned well afford to pay the taxes AND remain a healthy, wealthy, viable corporation WITHOUT RAISING PRICES!

Implementing Sanders plan would put serious money into the federal and state coffers....period. And given that green energy firms are essentially at a beginning phase and have nowhere near the decades long acquirement of wealth, gov't subsidies and resources that big oil companies enjoy, your "complaint" is dubious at best.

Your "flat tax" theory fails because there is no "level playing field" so long as folk like you carry the water for corporations who out source, off shore and then blame the working American for fictional potential financial woes if they were to straighten up and fly right. We won't see major tax reforms because of that reason and because our elections are based more on money than actual ideas and ideals.

Campaign finance reform will get you closer to eliminating crony capitalism than anything else. Meanwhile, my opening post stands valid.
 
There's the rub. I wonder how many people that scream for higher taxes on corporations actually understand that it's tax breaks that bring the corporations and their jobs to their locale. If the tax breaks aren't there they'll just move on to the next city or worse the next country.

given the monumental tax breaks that major corporations have enjoyed in the past 30 years, we SHOULD NOT have had the economic turmoil currently existing. So your assertions fails in light of reality.
 
Your guess work non-withstanding, here's the deal:


Stop and think.....if they are able to hide and squirrel away damn near BILLIONS of dollars, then the prices they have are doing a pretty damned good job of making profit. So they can damned well afford to pay the taxes AND remain a healthy, wealthy, viable corporation WITHOUT RAISING PRICES!

Implementing Sanders plan would put serious money into the federal and state coffers....period. And given that green energy firms are essentially at a beginning phase and have nowhere near the decades long acquirement of wealth, gov't subsidies and resources that big oil companies enjoy, your "complaint" is dubious at best.

Your "flat tax" theory fails because there is no "level playing field" so long as folk like you carry the water for corporations who out source, off shore and then blame the working American for fictional potential financial woes if they were to straighten up and fly right. We won't see major tax reforms because of that reason and because our elections are based more on money than actual ideas and ideals.

Campaign finance reform will get you closer to eliminating crony capitalism than anything else. Meanwhile, my opening post stands valid.

Have any politicians proposed legislation that a company can't outsource because if they have I've missed it. To have the federal government tell every business that they must have h.r., accounting, lawyers, production all within the company is nonsense. You can accuse me of carrying water for firms who outsource but unless you want you want to put up massive tariffs and basically eliminate trade capital is going to flow where it is cheapest/gets its best returns. Right now many manufacturing jobs are actually coming back to America. The reality is we are in a global economy, it's not the 1950's, so we have to compete globally.

Saying subsidies for green energy are good is fine but let's call it what it is, we like when the government supports industries we support. Even with campaign finance politicians can still give tax breaks and support to industries they like. I do not see how a flat tax fails because a company has offices/production overseas if all firms are paying evenly.
 
Really? Does the Treasury Dept. confirm this?

They don't have to. The fact that the fund is made up of government bonds makes them nothing more than IOU's and when a government is 17 trillion dollars in debt and operating at a deficit each year there is no money to be had. So those IOU's are nothing more than a bookkeeping mechanism.
 
Quote Originally Posted by Taichiliberal View Post
Your guess work non-withstanding, here's the deal:


Stop and think.....if they are able to hide and squirrel away damn near BILLIONS of dollars, then the prices they have are doing a pretty damned good job of making profit. So they can damned well afford to pay the taxes AND remain a healthy, wealthy, viable corporation WITHOUT RAISING PRICES!

Implementing Sanders plan would put serious money into the federal and state coffers....period. And given that green energy firms are essentially at a beginning phase and have nowhere near the decades long acquirement of wealth, gov't subsidies and resources that big oil companies enjoy, your "complaint" is dubious at best.

Your "flat tax" theory fails because there is no "level playing field" so long as folk like you carry the water for corporations who out source, off shore and then blame the working American for fictional potential financial woes if they were to straighten up and fly right. We won't see major tax reforms because of that reason and because our elections are based more on money than actual ideas and ideals.

Campaign finance reform will get you closer to eliminating crony capitalism than anything else. Meanwhile, my opening post stands valid.



Have any politicians proposed legislation that a company can't outsource because if they have I've missed it. NO SHIT SHERLOCK, I NEVER SAID THEY DID....THAT'S JUST YET ANOTHER OF SANDERS PROPOSALS TO NOT GIVE THEM TAX BREAKS TO DO SO. BUT SINCE YOU ADMIT YOU'RE NOT LIKELY TO READ WHAT SANDERS PROPOSES, YOU WOULDN'T KNOW THIS. To have the federal government tell every business that they must have h.r., accounting, lawyers, production all within the company is nonsense. NO ONE IS SAYING THAT, AND I DEFY YOU TO FIND A QUOTE OF A POLITICIAN WHO DID. SO STOP LYING ABOUT WHAT IS ACTUALLY BEING PROPOSED. You can accuse me of carrying water for firms who outsource but unless you want you want to put up massive tariffs and basically eliminate trade capital is going to flow where it is cheapest/gets its best returns. Bottom line: you're justifying out sourcing and getting tax breaks for it, then inflating the price to sell to Americans, while at the same time hiding profit from taxation. Yeah, you're carrying water all right. Right now many manufacturing jobs are actually coming back to America. Really? In what capacity and quantity? And does it offset what's being outsourced? The reality is we are in a global economy, it's not the 1950's, so we have to compete globally. Again, WTF does that little mantra have to do with the FACTS I just previously stated? Why do you continue to try and justify corporate shuck and jive with psuedo-jingoistic blather?

Saying subsidies for green energy are good is fine but let's call it what it is, we like when the government supports industries we support. Even with campaign finance politicians can still give tax breaks and support to industries they like. I do not see how a flat tax fails because a company has offices/production overseas if all firms are paying evenly.

You don't see because you don't want to see...as you constantly make excuses and justifications for the corporate chicanery I previously mentioned. Bottom line: all this smoke and rhetoric from you because someone dares to point out the validity of what the opening post of this thread does. Sad.
 
You don't see because you don't want to see...as you constantly make excuses and justifications for the corporate chicanery I previously mentioned. Bottom line: all this smoke and rhetoric from you because someone dares to point out the validity of what the opening post of this thread does. Sad.

Everything else aside 'pseudo-jingoistic'? What am I saying that makes you use that term?
 
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