$3.5T Not As Big As You Might Think

[Toddsterpatriot]

Republicans want to 'punish' corporations by giving them another tax cut.

Democrats want to punish everyone else by raising taxes.

 

[hadit]

Democrats want to punish everyone else by raising taxes.

And they really want to punish. This is the problem, democrats don't see the tax code as a revenue generator, they see it as a social engineering tool, to reward and punish behavior. Democrats are all about control.

 

[Smokin' OP]

Democrats want to punish everyone else by raising taxes.

Democrats are going to tax the rich and corporation more, the people that have got a republican tax cut free ride.
Such self-proclaimed 'patriots', they want others to pay for what they don't.

 

[Smokin' OP]

And they really want to punish. This is the problem, democrats don't see the tax code as a revenue generator, they see it as a social engineering tool, to reward and punish behavior. Democrats are all about control.

Yeah, 40 years of tax cuts going to the rich and corporations, and republicans have engineered the rich to thinking they deserve to pay $0.

Just like Trump.

September 26, 2016
“The only years that anybody’s ever seen were a couple of years when he had to turn them over to state authorities when he was trying to get a casino license, and they showed he didn’t pay any federal income tax,” Clinton said.

Trump quickly retorted: “That makes me smart.”

Later, when Clinton told Trump was that “maybe ... you haven’t paid any federal income tax for a lot of years,” the real estate mogul, who claims to be worth up to $10 billion, said that he was a better steward for his money than the government.

“It would be squandered, too, believe me,” Trump said.

 

[hadit]

Yeah, 40 years of tax cuts going to the rich and corporations, and republicans have engineered the rich to thinking they deserve to pay $0.

Just like Trump.

September 26, 2016
“The only years that anybody’s ever seen were a couple of years when he had to turn them over to state authorities when he was trying to get a casino license, and they showed he didn’t pay any federal income tax,” Clinton said.

Trump quickly retorted: “That makes me smart.”

Later, when Clinton told Trump was that “maybe ... you haven’t paid any federal income tax for a lot of years,” the real estate mogul, who claims to be worth up to $10 billion, said that he was a better steward for his money than the government.

“It would be squandered, too, believe me,” Trump said.

How does any of that address what I said? Looks like a really big strawman.

 

[Toddsterpatriot]

Democrats are going to tax the rich and corporation more,

They're going to tax everyone more. They always do.

 

[Toddsterpatriot]

Yeah, 40 years of tax cuts going to the rich and corporations, and republicans have engineered the rich to thinking they deserve to pay $0.

Just like Trump.

September 26, 2016
“The only years that anybody’s ever seen were a couple of years when he had to turn them over to state authorities when he was trying to get a casino license, and they showed he didn’t pay any federal income tax,” Clinton said.

Trump quickly retorted: “That makes me smart.”

Later, when Clinton told Trump was that “maybe ... you haven’t paid any federal income tax for a lot of years,” the real estate mogul, who claims to be worth up to $10 billion, said that he was a better steward for his money than the government.

“It would be squandered, too, believe me,” Trump said.

Yeah, 40 years of tax cuts going to the rich and corporations, and republicans have engineered the rich to thinking they deserve to pay $0.

8 years of Clinton, 8 years of Obama, why didn't they raise rates back to 70%?

Is it because Dems are useless?

 

[Smokin' OP]

Yeah, 40 years of tax cuts going to the rich and corporations, and republicans have engineered the rich to thinking they deserve to pay $0.

8 years of Clinton, 8 years of Obama, why didn't they raise rates back to 70%?

Is it because Dems are useless?

Republicans were crying almost as much as when their dear leader lost the election

 

[Toddsterpatriot]

Republicans were crying almost as much as when their dear leader lost the election

Is Biden going to raise rates to 70%?

Where is his bill?

Or is he useless?

 

[Papageorgio]

Yeah, 40 years of tax cuts going to the rich and corporations, and republicans have engineered the rich to thinking they deserve to pay $0.

Just like Trump.

September 26, 2016
“The only years that anybody’s ever seen were a couple of years when he had to turn them over to state authorities when he was trying to get a casino license, and they showed he didn’t pay any federal income tax,” Clinton said.

Trump quickly retorted: “That makes me smart.”

Later, when Clinton told Trump was that “maybe ... you haven’t paid any federal income tax for a lot of years,” the real estate mogul, who claims to be worth up to $10 billion, said that he was a better steward for his money than the government.

“It would be squandered, too, believe me,” Trump said.

Corporate taxes are going to increase, in fact the largest tax increase since 1968, also Biden is taxing corporations at 60%. Do you really think that corporations are going to eat that increase?

What they will do, as always, pass the tax through to the consumer, so everyone will be paying more in taxes, just in an indirect way.

I'm good with that but please don't make really dumb claims that it is only the rich that will be taxed, because that is a lie.

 

[Lesh]

They're going to tax everyone more. They always do.

Ummm..."they" don't...then (whenever that was) or now

 

[Lesh]

Corporate taxes are going to increase, in fact the largest tax increase since 1968, also Biden is taxing corporations at 60%.

Ummm...no

President Joe Biden and congressional policymakers have proposed several changes to the corporate income tax, including raising the rate from 21 percent to 28 percent and imposing a 15 percent minimum tax on the book income of large corporations.

28% is NOT 60%

Stupid or dishonest?

Or did someone lie to you and you never bothered to check

 

[Papageorgio]

Ummm...no

President Joe Biden and congressional policymakers have proposed several changes to the corporate income tax, including raising the rate from 21 percent to 28 percent and imposing a 15 percent minimum tax on the book income of large corporations.

28% is NOT 60%

Stupid or dishonest?

Or did someone lie to you and you never bothered to check

U.S. Top Combined Integrated Tax Rate on Corporate Income Would Become Highest in the OECD

Under President Biden’s tax plan, the United States would tax corporate income at the highest top rate in the industrialized world, averaging 65.1 percent.

taxfoundation.org

It doesn’t really matter any, they just pass it through to you and me anyway.

 

[Smokin' OP]

Corporate taxes are going to increase, in fact the largest tax increase since 1968, also Biden is taxing corporations at 60%. Do you really think that corporations are going to eat that increase?

What they will do, as always, pass the tax through to the consumer, so everyone will be paying more in taxes, just in an indirect way.

I'm good with that but please don't make really dumb claims that it is only the rich that will be taxed, because that is a lie.

No, he isn't, Biden will raise the corporate tax to 28%.
'What they will do, as always, pass the tax through to the consumer'.
The 40-year-old republican lie, of course they will pass some to the consumer, if they pass too much, they lose business.

 

[Lesh]

No, he isn't, Biden will raise the corporate tax to 28%.
'What they will do, as always, pass the tax through to the consumer'.
The 40-year-old republican lie, of course they will pass some to the consumer, if they pass too much, they lose business.

Exactly.

Republicans always act like corps can arbitrarily charge what they like.

The fact is...they are already charging the most that they can without losing business. They CAN charge more...and sell less...or they can scale back their record profits

 

[Papageorgio]

No, he isn't, Biden will raise the corporate tax to 28%.
'What they will do, as always, pass the tax through to the consumer'.
The 40-year-old republican lie, of course they will pass some to the consumer, if they pass too much, they lose business.

If you read the link in my post above, you’d see what I am talking about.

The second point, if their costs Increase, you honestly don’t think that greedy corporactions are going to eat the loss? It is doubtful and honest people know it.

 

[Lesh]

If you read the link in my post above, you’d see what I am talking about.

The second point, if their costs Increase, you honestly don’t think that greedy corporactions are going to eat the loss? It is doubtful and honest people know it.

If they could simply "pass the cost on to consumers" they'd have no reason to fight tax increases.

But they DO fight them and spend a great deal of money doing so

 

[Papageorgio]

If they could simply "pass the cost on to consumers" they'd have no reason to fight tax increases.

But they DO fight them and spend a great deal of money doing so

Yep, it’s called press, it garners sympathy and it positions them to raise prices and makes shareholders content. The other side is when taxes go down, we never see a price reduction.

 

[Smokin' OP]

If you read the link in my post above, you’d see what I am talking about.

The second point, if their costs Increase, you honestly don’t think that greedy corporactions are going to eat the loss? It is doubtful and honest people know it.

Wow, they really must have been dropping like flies, when the rate was 37%. NOT.

Corporations don't pay anywhere close to 65% in taxes.

The Tax Foundation is a Washington, D.C.-based right-leaning think tank, founded in 1937 by a group of prominent businessmen in order to "monitor the tax and spending policies of government agencies".

They use fuzzy math for the gullible.

 

[Papageorgio]

Wow, they really must have been dropping like flies, when the rate was 37%. NOT.

Corporations don't pay anywhere close to 65% in taxes.

The Tax Foundation is a Washington, D.C.-based right-leaning think tank, founded in 1937 by a group of prominent businessmen in order to "monitor the tax and spending policies of government agencies".

They use fuzzy math for the gullible.

Morons seem to miss the obvious, you pay their taxes no matter what they are.