69% of Corporations Tax-Exempt

[akelch]

The IRS has made little progress in getting those people that put their money in offshore accounts. There has been a sharp increase in tax exempt organizations since Obama took office. Corporate taxes have decreased over the years.

It is now on the shoulders on people who pay taxes through their employer that is supporting this entire country plus paying for everyone's healthcare.

You get less of what you tax...and you get more of what you subsidize.

More tax on labor...less jobs
More food stamps... More people on food stamps.

 

[Polk]

Businesses don't pay taxes. They price-in the tax rate and pass it on to the consumer.

That's a cute line. Too bad it isn't true.

Yes it is. Companies collect taxes...they don't pay them.

Yes, they do. Your argument proves too much. By the same reasoning you're using, no individual pays taxes, since the money originates from their employer (who is also a consumer buying a product: labor). The relevant measure is who "pays" a tax is whose pocket the funds would be in in the absence of the tax.

 

[akelch]

That's a cute line. Too bad it isn't true.

Yes it is. Companies collect taxes...they don't pay them.

Yes, they do. Your argument proves too much. By the same reasoning you're using, no individual pays taxes, since the money originates from their employer (who is also a consumer buying a product: labor). The relevant measure is who "pays" a tax is whose pocket the funds would be in in the absence of the tax.

How did the company get its money?

 

[Wyatt earp]

That's a cute line. Too bad it isn't true.

Yes it is. Companies collect taxes...they don't pay them.

Yes, they do. Your argument proves too much. By the same reasoning you're using, no individual pays taxes, since the money originates from their employer (who is also a consumer buying a product: labor). The relevant measure is who "pays" a tax is whose pocket the funds would be in in the absence of the tax.

No its not your logic is wrong, some of us provide labor to make and sell goods overseas and take their money, then labor pay taxes to the U.S.A., companys only collect taxes. here and elsewhere.

 

[Wyatt earp]

And thats what the left never understands why the right says" government jobs dont produce anything" because they dont, you have to sell goods to other countrys. not just take money from your own country men. Thats why local casinos and lotterys are so stupid. just another tax on the poor.

 

[akelch]

And thats what the left never understands why the right says" government jobs dont produce anything" because they dont, you have to sell goods to other countrys. not just take money from your own country men. Thats why local casinos and lotterys are so stupid. just another tax on the poor.

Agree....
The sooner the public understand this basic principle of taxes the sooner we can get on with fixing our tax code, create jobs, and paying down our debit.

 

[Polk]

Yes it is. Companies collect taxes...they don't pay them.

Yes, they do. Your argument proves too much. By the same reasoning you're using, no individual pays taxes, since the money originates from their employer (who is also a consumer buying a product: labor). The relevant measure is who "pays" a tax is whose pocket the funds would be in in the absence of the tax.

How did the company get its money?

From customers, who in turn got the money from companies. There is no origin point. It's a circular flow.

 

[Polk]

Yes it is. Companies collect taxes...they don't pay them.

Yes, they do. Your argument proves too much. By the same reasoning you're using, no individual pays taxes, since the money originates from their employer (who is also a consumer buying a product: labor). The relevant measure is who "pays" a tax is whose pocket the funds would be in in the absence of the tax.

No its not your logic is wrong, some of us provide labor to make and sell goods overseas and take their money, then labor pay taxes to the U.S.A., companys only collect taxes. here and elsewhere.

I agree that the logic of "no individual pays taxes" is wrong. It was an illustration of the absurdity of your claim.

 

[Polk]

And thats what the left never understands why the right says" government jobs dont produce anything" because they dont, you have to sell goods to other countrys. not just take money from your own country men. Thats why local casinos and lotterys are so stupid. just another tax on the poor.

That only makes sense if you think the world's wealth is fixed.

 

[Obamanation]

I don;t know why lefties think Corporations should be taxed at all... If they pay taxes on their income they should get votes... and if people don't pay income tax they shouldn't get to vote...

 

[akelch]

Yes, they do. Your argument proves too much. By the same reasoning you're using, no individual pays taxes, since the money originates from their employer (who is also a consumer buying a product: labor). The relevant measure is who "pays" a tax is whose pocket the funds would be in in the absence of the tax.

How did the company get its money?

From customers, who in turn got the money from companies. There is no origin point. It's a circular flow.

Who said they got there money from companies. Self employed, savings, investments, credit card, etc.

Companies can pass their cost off onto the consumer but the consumer can't pass off their cost to their employer.

 

[KissMy]

Republicans will never be trusted with the economy again. Since they were kicked out we have:

- Rising US dollar.
- Gold going down.
- Lower inflation rate.
- Stock market making new highs.
- Deficit falling.
- Less government spending as percent of GDP.
- Employment rising instead of falling.

All that is left is to get the rich to actually pay the same or higher tax rate as the working people. Bush's low dividend tax rate have the workers subsidizing the rich through the tax code. This must end to make the economy sing as it did under Clinton before the Bush tax cut made the workers subsidize the rich. The majority of republican voters do not understand markets, freedom or economics. They want the majority to be government dependents so a few can control the many. Republicans love economic imperialism hate freedom. Fiduciary responsibility & taxes are only for the little people. The rich don't have to be burdened by rules or taxes.

 

[akelch]

Republicans will never be trusted with the economy again. Since they were kicked out we have:

- Rising US dollar.
- Gold going down.
- Lower inflation rate.
- Stock market making new highs.
- Deficit falling.
- Less government spending as percent of GDP.
- Employment rising instead of falling.

All that is left is to get the rich to actually pay the same or higher tax rate as the working people. Bush's low dividend tax rate have the workers subsidizing the rich through the tax code. This must end to make the economy sing as it did under Clinton before the Bush tax cut made the workers subsidize the rich. The majority of republican voters do not understand economics.

Government can't make the economy strong it can only weaken it.

More taxes, more regulations, more government spending only weakens our economy.

 

[akelch]

Republicans will never be trusted with the economy again. Since they were kicked out we have:

- Rising US dollar.
- Gold going down.
- Lower inflation rate.
- Stock market making new highs.
- Deficit falling.
- Less government spending as percent of GDP.
- Employment rising instead of falling.

All that is left is to get the rich to actually pay the same or higher tax rate as the working people. Bush's low dividend tax rate have the workers subsidizing the rich through the tax code. This must end to make the economy sing as it did under Clinton before the Bush tax cut made the workers subsidize the rich. The majority of republican voters do not understand markets, freedom or economics. They want the majority to be government dependents so a few can control the many. Republicans love economic imperialism hate freedom. Fiduciary responsibility & taxes are only for the little people. The rich don't have to be burdened by rules or taxes.

Under that notion... I would believe your are against the current administrations policies.

 

[Polk]

How did the company get its money?

From customers, who in turn got the money from companies. There is no origin point. It's a circular flow.

Who said they got there money from companies. Self employed, savings, investments, credit card, etc.

Companies can pass their cost off onto the consumer but the consumer can't pass off their cost to their employer.

Savings and investments both had an origin point in labor.
Credit cards are shifting consumption. It's not a net increase in your total consumption stream.
The self-employed are products in the same way workers are, except their selling their product directly to consumers.

 

[akelch]

From customers, who in turn got the money from companies. There is no origin point. It's a circular flow.

Who said they got there money from companies. Self employed, savings, investments, credit card, etc.

Companies can pass their cost off onto the consumer but the consumer can't pass off their cost to their employer.

Savings and investments both had an origin point in labor.
Credit cards are shifting consumption. It's not a net increase in your total consumption stream.
The self-employed are products in the same way workers are, except their selling their product directly to consumers.

You missed the point...how can the consumer pass off the cost of higher taxes?

 

[Polk]

By purchasing less goods.

 

[akelch]

By purchasing less goods.

....lol

 

[PaulS1950]

The consumer in this country pays all the taxes. It amuses me to think the the democrats say they won't raise taxes and then tax businesses. Would it amaze you to know that if a business tax goes up the business has less money for wages and so you don't get that raise? How about if that tax increases cost for product or service you pay for 150% of the cost of that tax? There is an addage in business that the only way to be profitable is to find all the costs associated with your product or service (taxes, transportation, materials, machining, manufacturing, overhead, wages and all the other incedental costs and multiply by 1.5 to get the price of your goods. That is the only way you can get a 3% minimum profit from your business. when the dems raise business taxes they are actually charging you 1.5 times the tax. When the repubs don't raise business taxes and tax you directly then you only pay the amount the government gets. Who loves you more, the party that taxes businesses or the one that gives tax breaks to businesses? (a tax break means that they can reduce the price 1.5 times the amount saved)

I used to love it when the state or city raised my taxes - it gave me the ability to blame the higher cost on the tax while I was making more money than before.

 

[Wyatt earp]

And thats what the left never understands why the right says" government jobs dont produce anything" because they dont, you have to sell goods to other countrys. not just take money from your own country men. Thats why local casinos and lotterys are so stupid. just another tax on the poor.

That only makes sense if you think the world's wealth is fixed.

Explain your statement please, Are you talking about the privately owned Federal reserve? you know the guys that make up money out of thin air and then charges interest on it? Thats not new money all that causes is inflation and devalues the dollar. I also do know very well, its complex and not all the blame goes to the fed, but since they started in the 1900's the dollar today lost like 95% of its purchasing power.