Big companies 0% taxes?!

[Skull Pilot]

There are different types of corporations.

A C corp and an S corp have different tax treatment

And let's not leave out LLCs

Chances are a small business is an S corp, an LLC or if you're an idiot a Sole proprietorship.
None of which can be compared to a C corp when it comes to taxes

 

[OnePercenter]

1) corporate tax should be 0%. It is redundant since it is passed on to all of us, like any cost, in the form of higher prices. Plus, being the highest tax in the world it is forcing our corporations to move out to avoid it!!

We have the tax only to pander to the pure ignorance of liberals!.

Taxes pay for and corporations use police and fire protection, publicly paid infrastructure improvements, the courts, FAA controllers for our private jets, roadways and the internet so their customers can by their widgets, US Customs when importing?

The US is number 16 of the 20 industrialized nations in ACTUAL TAXES PAID.

yes dear they pay little by moving out which is a bad thing not a good thing

also, the corporations pass on the tax like any cost to us in the form of higher prices. Do you understand now?

We have the tax only to pander to the pure ignorance of liberals.

So your answer is reducing taxes for corporations to zero which will pad their bottom line? Do you understand now?

 

[OnePercenter]

Let's see, you think you pay too many taxes so the solution is to force businesses to pay more taxes? NY State is advertising that start up companies don't have to pay any taxes including property, sales and anything else for ten years and apparently they still can't get any takers because they are probably freaking lying. Big and small companies pay tax attorneys to find loopholes in the tax law. It's legal and ethical and recommended. Try it.

yes Ireland dropped their rate to 12% and half the big companies in the world moved there. We'd have a huge boom here if we dropped the rate to 0%!! Liberals lack the IQ to understand so we stick with highest rate and corps moving out. Incredible

Ireland has a 12% tax rate. What's the effective (actual rate)? Zero?

 

[eagle1462010]

Strong economies need the Middle Class historically. Without it, your economy sucks. Which require jobs.........You get jobs when Corps spend their money here, and the employees pay taxes and circulate the money into the economy.

In the end, these taxes on the big boys are paid by the little guys whether you like it our not.

 

[OnePercenter]

There are different types of corporations.

A C corp and an S corp have different tax treatment

And let's not leave out LLCs

Chances are a small business is an S corp, an LLC or if you're an idiot a Sole proprietorship.
None of which can be compared to a C corp when it comes to taxes

Aren't there benefits for each? Robert Redford found out the hard way.

My investment trust is a 'C' corporation. Can you make a guess why?

 

[OnePercenter]

Strong economies need the Middle Class historically. Without it, your economy sucks. Which require jobs.........You get jobs when Corps spend their money here, and the employees pay taxes and circulate the money into the economy.

In the end, these taxes on the big boys are paid by the little guys whether you like it our not.

Which is why corporate tax structure should be changed to $1 for $1 only employee expenses.

 

[EdwardBaiamonte]

Let's see, you think you pay too many taxes so the solution is to force businesses to pay more taxes? NY State is advertising that start up companies don't have to pay any taxes including property, sales and anything else for ten years and apparently they still can't get any takers because they are probably freaking lying. Big and small companies pay tax attorneys to find loopholes in the tax law. It's legal and ethical and recommended. Try it.

yes Ireland dropped their rate to 12% and half the big companies in the world moved there. We'd have a huge boom here if we dropped the rate to 0%!! Liberals lack the IQ to understand so we stick with highest rate and corps moving out. Incredible

Ireland has a 12% tax rate. What's the effective (actual rate)? Zero?

more importantly, its far lower than ours and has attracted many of the worlds great corporations! Sadly, in their Marxist zeal to punish corporations American liberals just don't care!

 

[OnePercenter]

yes Ireland dropped their rate to 12% and half the big companies in the world moved there. We'd have a huge boom here if we dropped the rate to 0%!! Liberals lack the IQ to understand so we stick with highest rate and corps moving out. Incredible

Ireland has a 12% tax rate. What's the effective (actual rate)? Zero?

more importantly, its far lower than ours and has attracted many of the worlds great corporations! Sadly, in their Marxist zeal to punish corporations American liberals just don't care!

So we should give corporations who use the same tax based services as workers a walk?

 

[EconomicNudity]

The C-Corp is an entity form in decline and one that serves very few specific purposes and primarily only one - to attract investors and raise money!

Since the tax law of 1986, it has been much more beneficial to form as any entity but a C-Corp (unless your goal is to be traded on the Nasdaq). Also, until the recent individual income tax hikes, small business owners have not considered C-Corps - but they may now due to increasing individual rates.

C-Corps have been in decline since 1986.

 

[EdwardBaiamonte]

Ireland has a 12% tax rate. What's the effective (actual rate)? Zero?

more importantly, its far lower than ours and has attracted many of the worlds great corporations! Sadly, in their Marxist zeal to punish corporations American liberals just don't care!

So we should give corporations who use the same tax based services as workers a walk?

Dear they don't get a walk, they are locked in deadly competition to survive so any savings must be passed on to us in the form of lower prices that raise our standard of living! Are you a brainwashed Marxist fool who wants to punish corporations even after you have learned that corporations are tax collectors not tax payers!!

 

[OnePercenter]

more importantly, its far lower than ours and has attracted many of the worlds great corporations! Sadly, in their Marxist zeal to punish corporations American liberals just don't care!

So we should give corporations who use the same tax based services as workers a walk?

Dear they don't get a walk, they are locked in deadly competition to survive so any savings must be passed on to us in the form of lower prices that raise our standard of living! Are you a brainwashed Marxist fool who wants to punish corporations even after you have learned that corporations are tax collectors not tax payers!!

They would get a walk on paying for tax based services wouldn't they?

WalMart is in a ' deadly competition' to survive?

 

[OnePercenter]

The C-Corp is an entity form in decline and one that serves very few specific purposes and primarily only one - to attract investors and raise money!

Since the tax law of 1986, it has been much more beneficial to form as any entity but a C-Corp (unless your goal is to be traded on the Nasdaq). Also, until the recent individual income tax hikes, small business owners have not considered C-Corps - but they may now due to increasing individual rates.

C-Corps have been in decline since 1986.

In Redford's case it would have alleviated personal tax in one of two States.

In my case, it alleviates paying personal taxes.

 

[ShackledNation]

Our government is so screwed up. We need to just scrap our entire tax code and start over. Get rid of all the loopholes, credits, deductions, etc. Combine income and capital gains into one number, and base brackets off of that. Let taxes be lower but progressive. Cap it at 30%. That way if you are rich and you make a ton of money from capital gains, it wont mean you get to avoid taxes and pay a lower effective rate than those in lower brackets.

 

[EdwardBaiamonte]

WalMart is in a ' deadly competition' to survive?

of course, why do you think their prices are so low? A liberal lacks the IQ to understand capitalism.

 

[EdwardBaiamonte]

of course, why do you think their prices are so low? A liberal lacks the IQ to understand capitalism.

you prevent future competition with low prices today.

 

[Rotagilla]

Don't like the tax codes?
Complain to your congressman. They write the tax codes.

 

[EdwardBaiamonte]

Don't like the tax codes?
Complain to your congressman. They write the tax codes.

dear, the issue is, what the tax should be, not who writes the tax code. Do you understand?

 

[Rotagilla]

Those who write the codes determine what the taxes are...do you not understand?

 

[EdwardBaiamonte]

Those who write the codes determine what the taxes are...do you not understand?

dear, we all know that, the issue is what should the tax rate be. Do you understand now?

 

[Rotagilla]

dear, we all know that, the issue is what should the tax rate be. Do you understand now?

The tax rate will be whatever the congressmen say it will be.

Do you understand now?