Obama could win my vote...

[Dixie - In Memoriam]

Dixie, taking political parties out of the picture what would you like to see done to the corporate tax rate? Eliminate it is an option but for the sake of argument let's say it is not. If you couldn't eliminate it would you leave it as is or what changes would you make?

I don't understand why you say eliminating it isn't an option. IT SHOULD BE! Many countries have no corporate tax. Many corporations worldwide, would LOVE to move operations to a corporate tax-free America, are you kidding me? We'd have to give illegal aliens amnesty in order to fill all the new jobs that would create! With no tax burden, corporations would be free to make as much profit as they could... which means JOBS... OVERTIME... TRIPLE TIME... A massive increase in production, and subsequently the manpower needed to provide that production... and with all this, comes taxable incomes, buying new homes, spending earned wealth in the economic market... this thing we call "prosperity!"

 

[Cancel 2016.2]

It has nothing to do with Obama, I don't generally trust anything I hear coming from a Marxist Socialist, especially when it seems to be exactly what I want to hear. You see, I am a little suspicious about it, because most of the time, Marxist Socialists will lie and mislead in order to obtain the political power to implement their policies. With this particular line of rhetoric, we've been hearing about the evil "deductions and loopholes" for the past few years, and the emotive platitudes have finally swayed you, as the liberals knew they would. They just needed to frame it around corporations, because in your tainted mind, corporations are not people at all, they are lifeless greedy emotionless entities which gobble up all our resources and wealth and leave nothing for the little guy. So you can see the Marxist Socialist argument when it comes to corporations, and you figure it's worth going along with them on this because of that. What you fail to comprehend, is the Big Picture and what Marxist Socialists are really after, which is your mortgage interest deduction and 401k.

You crack me up ditzie. Lowering the corporate tax rate benefits ALL corporations. Eliminating loopholes and deductions does not hurt all corporations. If you think that is marxist/socialist, then you have no fucking clue what those terms mean. The rest of your post is just more of you moronic fear mongering. The CONCEPT presented in the OP is the correct path to take.

As for the personal exemptions you mention... if you truly want a flat tax, you would be FOR the elimination of deductions like mortgage interest as well as every other loophole and deduction... provided it went hand in hand with a flat tax (with a standard deduction to protect the poor)

 

[cawacko]

I don't understand why you say eliminating it isn't an option. IT SHOULD BE! Many countries have no corporate tax. Many corporations worldwide, would LOVE to move operations to a corporate tax-free America, are you kidding me? We'd have to give illegal aliens amnesty in order to fill all the new jobs that would create! With no tax burden, corporations would be free to make as much profit as they could... which means JOBS... OVERTIME... TRIPLE TIME... A massive increase in production, and subsequently the manpower needed to provide that production... and with all this, comes taxable incomes, buying new homes, spending earned wealth in the economic market... this thing we call "prosperity!"

I'd have no problem eliminating the corporate tax. For the sake of argument I don't know that the chances are very high of that happening. Therefore if they attempted to attack it piecemail what would you like to see them do or would you rather it be all or nothing and just stay where it is if they can't/don't eliminate it?

 

[Dixie - In Memoriam]

You crack me up ditzie. Lowering the corporate tax rate benefits ALL corporations. Eliminating loopholes and deductions does not hurt all corporations.

It depends on which "loopholes and deductions" you are referring to. In this case, you haven't a clue... ALL of them, as far as you're concerned, they've made the sell with you. I would argue that a good many of the tax credits or deductions offered to corporations, are there for a reason, to promote something we needed, to encourage something we wanted... so, I mean, do those reasons and rationale simply not matter anymore, because you've proclaimed all deductions and loopholes evil? I don't get it.

If you think that is marxist/socialist, then you have no fucking clue what those terms mean.

Let's be clear, I didn't say reduction of corporate tax was Marxist Socialist. I said you are listening to a Marxist Socialist make the pitch that we should eliminate all those evil and horrible "loopholes" (which denote something sneaky or tricky to purposely avoid what is rightfully owed) and "deductions" which were established through the years after much deliberation and in response to some problem or situation which needed attention. Maybe some of those things should be revisited, but you are accepting they should all just be eliminated completely. Big diff there. In any event, it is beside the point of the Marxist Socialist objective and purpose, which is redistribution of wealth.

The rest of your post is just more of you moronic fear mongering.

Sorry, but it is certainly not fear mongering to point out you are conceding the argument with Marxists that it's okay for the government to take our mortgage interest deductions and 401ks. You don't THINK that's what you are giving up, but it is, because you're accepting the premise that "loopholes and deductions" are always bad, and should go away.

The CONCEPT presented in the OP is the correct path to take.

No, it's not. It's the path to take if you want to follow a Marxist Socialist to your nest-egg, while pretending to be something other than a dupe and a putz. Again, ELIMINATE corporate taxes and you eliminate any need for loopholes or deductions! If you're not talking about doing that, we need to have an objective and reasoned debate over specific "loopholes and deductions" you wish to cut, and whether these need to be cut at this time. Again, MOST "loopholes and deductions" were legislated into existence for a good reason, with some majority level of support from Congress at some point, it's probably at least worth evaluating whether they need to be eliminated or not.

As for the personal exemptions you mention... if you truly want a flat tax, you would be FOR the elimination of deductions like mortgage interest as well as every other loophole and deduction... provided it went hand in hand with a flat tax (with a standard deduction to protect the poor)

I truly don't want a flat tax at the expense of all deductions and credits. I want a consumer-based tax, but that is a different story. I already know that, even with a Flat Tax, there will be exceptions made for low income families, for the elderly, for this or that... college tuition... retirement plans.. etc. And I would have to also assume, the Realtor Lobby will insist something has to be put in place to help incentivize home ownership, when you take away the mortgage interest deductions. You're a big boy, you know how this sausage is made, we won't ever get the Pie-in-the-Sky results you wish to have. That's why I advocate we scrap income taxation altogether, and go to a consumer-based tax.

 

[Dixie - In Memoriam]

I'd have no problem eliminating the corporate tax. For the sake of argument I don't know that the chances are very high of that happening. Therefore if they attempted to attack it piecemail what would you like to see them do or would you rather it be all or nothing and just stay where it is if they can't/don't eliminate it?

I think we have to be very careful with Marxist Socialists when we consider compromising our principles. As a pro-capitalist conservative, I see little or no benefit to increasing the burdens of taxation on corporations, whether it is through elimination of deductions and credits, or increasing their rates. The trick here is, dangle the carrot of a rate reduction, so idiots like SF will accept the premise of the argument. Once the premise is established and the corporate rate is lowered, the elimination of virtually ANY tax credit or deduction by ANY American, no matter what the previous reasoning or understanding, is on the table.

SF probably hasn't spent much time reading the ramblings of the Marxist Socialists, and what they plan to do. This whole entire thing going on right now with OWS, the 99% vs. the 1%, "deductions and loopholes" ...it's all part of the overall narrative. Proles like SF buy it because it sounds sexy and romantic when someone talks about cutting loopholes of corporate giants.

 

[Dixie - In Memoriam]

I'd have no problem eliminating the corporate tax. For the sake of argument I don't know that the chances are very high of that happening.

I wanted to highlight this specifically, and point out... EXACTLY!

Why do you think the chances aren't high? Isn't it because we've been inundated and bombarded by a liberal-controlled media, to have the perception that we should tax corporations, and tax them highly? Are we not pelted daily with the perception that all capitalism is corrupt and big corporations are screwing everyone through shady dealings and "loopholes" they exploit? How have we become so brainwashed.

After a while, people start thinking... yeah, corporations do need to pay more... those greedy selfish bastards! Corporations are comprised of people. They formed a corporation for the purpose of making profit. We want and depend on them doing so, to remain corporations. They provide a necessary service to society, as they are the primary means of job creation.

A simple point of fact is, if you want less of something... tax it!
If you want even less of it... increase the tax!

 

[cawacko]

I wanted to highlight this specifically, and point out... EXACTLY!

Why do you think the chances aren't high? Isn't it because we've been inundated and bombarded by a liberal-controlled media, to have the perception that we should tax corporations, and tax them highly? Are we not pelted daily with the perception that all capitalism is corrupt and big corporations are screwing everyone through shady dealings and "loopholes" they exploit? How have we become so brainwashed.

After a while, people start thinking... yeah, corporations do need to pay more... those greedy selfish bastards! Corporations are comprised of people. They formed a corporation for the purpose of making profit. We want and depend on them doing so, to remain corporations. They provide a necessary service to society, as they are the primary means of job creation.

A simple point of fact is, if you want less of something... tax it!
If you want even less of it... increase the tax!

What Republican has proposed eliminating it?

 

[Dixie - In Memoriam]

What Republican has proposed eliminating it?

I think DeMint and some others have proposed it, and they were quickly hooted down by moderates for being too extreme.

I want us to have the philosophical debate over whether the government has the constitutional right to tax corporations. It seems the same people who screamed about the Citizens United ruling, that corporations are people, aren't opposed to corporations being treated as people with taxation. When did we collectively decide that corporations should pay taxes? I guess at some point, some moderate like SF ceded the argument to a Liberal, and that became the way it was?

We've got to start reevaluating the policies of old. We've been implementing Socialist policy for nearly 70 years, and within the past decade, it has been impossible to distinguish which party is more socialistic. Some would argue, at least with the Democrats, you know what kind of socialist you're getting, it's a Marxist. Remember, the Republican party is not controlled by the conservatives. The spineless unprincipled morons like SF make up much of the party elite, and they have demonstrated a complete lack of understanding on conservative principles. Choosing instead, to seek some path to compromise with Marxist Socialists... AS IF!!

 

[cawacko]

I think DeMint and some others have proposed it, and they were quickly hooted down by moderates for being too extreme.

I want us to have the philosophical debate over whether the government has the constitutional right to tax corporations. It seems the same people who screamed about the Citizens United ruling, that corporations are people, aren't opposed to corporations being treated as people with taxation. When did we collectively decide that corporations should pay taxes? I guess at some point, some moderate like SF ceded the argument to a Liberal, and that became the way it was?

We've got to start reevaluating the policies of old. We've been implementing Socialist policy for nearly 70 years, and within the past decade, it has been impossible to distinguish which party is more socialistic. Some would argue, at least with the Democrats, you know what kind of socialist you're getting, it's a Marxist. Remember, the Republican party is not controlled by the conservatives. The spineless unprincipled morons like SF make up much of the party elite, and they have demonstrated a complete lack of understanding on conservative principles. Choosing instead, to seek some path to compromise with Marxist Socialists... AS IF!!

If you want a true Constitutional economic conservative there's one running right now and his name is Ron Paul.

 

[Dixie - In Memoriam]

If you want a true Constitutional economic conservative there's one running right now and his name is Ron Paul.

It's bizarre, I agree 100% with about 75~80% of what Ron Paul has to say, but it's the other 20-25% that puts him clearly on the loony train and not viable.

If we could morph Ron Paul's constitutional conservatism on fiscal policy, with Newt's understanding of foreign policy and debate skill, it might be an ideal candidate. As I stated in a post a few months ago, I am disappointed with Ron Paul, I think he squandered what could have been his moment.

 

[Rune]

Bullshit.....Bush cut the rates for EVERY taxpayer in the country.......it not the dollar amounts paid, its the RATES paid.....

10% reduction for someone paying 1000 dollars is obviously not the same dollar amount as a 10% reduction for those paying 100,000 dollars in taxes....
but its STILL the same 10%

The top 10% of taxpayers are still paying MORE than a fair share of the taxes......

!0% off the length of your dick wouldn't be much either Bravo.