Say, Looks Like That Supply-Side Stuff Works After All

[Nuthin' Fancy]

Companies in the S&P 500 spent $806 billion on stock buybacks in 2018, blowing away the previous record of nearly $590 billion set in 2007.

Oh no! My 401K went up.........LOL!

Oh' no Trump just wasted another $3 trillion on a lie.
Teabaggers rejoice.

 

[Toddsterpatriot]

For decades, the biggest and most profitable U.S. corporations have found ways to shelter their profits from federal income taxation. ITEP reports have documented such tax avoidance since the early years of the Reagan administration's misguided tax-cutting experiment.Apr 2, 2021

55 Corporations Paid $0 in Federal Taxes on 2020 Profits​

View attachment 803405
Institute on Taxation and Economic Policy
https://itep.org › 55-profitable-corporations-zero-corpora...

The Securities and Exchange Commission requires publicly traded companies to disclose U.S. pretax income, federal and state income tax paid on that income, and any significant factors affecting tax expense. For this reason, we can generally describe the tax breaks used by these 55 companies to get their tax expense to zero.

More than a dozen used a tax break for executive stock options to sharply reduce their income taxes last year. These include Advanced Micro Devices, Archer Daniels Midland, Booz Allen Hamilton, Charter Communications, Nike, and Salesforce.com. This tax break allows companies to write off stock-option related expenses for tax purposes that go far beyond expenses they report to investors.

Do you understand what this means? You think this reduces government revenues? LOL!

 

[Nuthin' Fancy]

Is it because you're an idiot?

TAX avoidance, dumbass.
Guess who doesn't get to?
The US taxpayer.
Teabaggers rejoice.
Then blame democrats when "infrastructure week" finally arrives, after 7 years.

 

[Nuthin' Fancy]

The Securities and Exchange Commission requires publicly traded companies to disclose U.S. pretax income, federal and state income tax paid on that income, and any significant factors affecting tax expense. For this reason, we can generally describe the tax breaks used by these 55 companies to get their tax expense to zero.

More than a dozen used a tax break for executive stock options to sharply reduce their income taxes last year. These include Advanced Micro Devices, Archer Daniels Midland, Booz Allen Hamilton, Charter Communications, Nike, and Salesforce.com. This tax break allows companies to write off stock-option related expenses for tax purposes that go far beyond expenses they report to investors.

Do you understand what this means? You think this reduces government revenues? LOL!

YES, you dumbass.
If you buy a car instead of paying your mortgage, THAT reduces REVENUE to the bank.
What a fucking imbecile.

 

[Cellblock2429]

The nut jobs who came out of the woodwork, when the last democrat was president, the original, lying dumbfucks.

Tea Party | Join the Movement. Support Tea Party.​

View attachment 803766
TeaParty.org
https://teaparty.org
(TeaParty.org Exclusive) – For the second time this year, Democrats have managed to orchestrate an indictment against former President Donald Trump, which will ...

/----/ That's just some lame insult you made up. It has nothing to do with the Tea Party's - Taxed Enough Already movement. GEEEZE, if you feel you're being undertaxed, you are free to send a check to the Treasury Department to help pay down the national debt.

 

[Toddsterpatriot]

TAX avoidance, dumbass.
Guess who doesn't get to?
The US taxpayer.
Teabaggers rejoice.
Then blame democrats when "infrastructure week" finally arrives, after 7 years.

Yes, you are an idiot.
Thanks for the confirmation.

 

[Toddsterpatriot]

YES, you dumbass.
If you buy a car instead of paying your mortgage, THAT reduces REVENUE to the bank.
What a fucking imbecile.

Stock options aren't equivalent to buying a car, moron.

 

[Nuthin' Fancy]

/----/ That's just some lame insult you made up. It has nothing to do with the Tea Party's - Taxed Enough Already movement. GEEEZE,

YES, it does, dumbass.
Didn't bother to look inside, did you?

President Trump Prayer Wall​

Patriots across America are standing up to pray for President Trump.

President Trump Prayer Vigil​

Patriots across America are holding pray vigils for President Trump.

President Trump Daily Prayer​

Patriots across America are standing up to pray for President Trump daily.

if you feel you're being undertaxed, you are free to send a check to the Treasury Department to help pay down the national debt.

Like Trump?

 

[Nuthin' Fancy]

Stock options aren't equivalent to buying a car, moron.

WHO isn't getting their $$$, imbecile?

 

[Toddsterpatriot]

WHO isn't getting their $$$, imbecile?

More than a dozen used a tax break for executive stock options to sharply reduce their income taxes last year. These include Advanced Micro Devices, Archer Daniels Midland, Booz Allen Hamilton, Charter Communications, Nike, and Salesforce.com. This tax break allows companies to write off stock-option related expenses for tax purposes that go far beyond expenses they report to investors.

^This has nothing to do with Trump's tax cut. Idiot.

 

[Cellblock2429]

YES, it does, dumbass.
Didn't bother to look inside, did you?

President Trump Prayer Wall​

Patriots across America are standing up to pray for President Trump.

President Trump Prayer Vigil​

Patriots across America are holding pray vigils for President Trump.

President Trump Daily Prayer​

Patriots across America are standing up to pray for President Trump daily.

Like Trump?

/----/ Are you saying Trump's accountants didn't follow the tax code? His returns were made public. Got any specifics?

 

[Nuthin' Fancy]

Yes, you are an idiot.
Thanks for the confirmation.

You're a fucking moron.
Teabaggers, whine about the debt but think NOT giving $$$ to the debt, CURES it?

 

[Toddsterpatriot]

You're a fucking moron.
Teabaggers, whine about the debt but think NOT giving $$$ to the debt, CURES it?

Tell me more about how these corporations paid zero because of the Trump tax cut.
Use your own words so we can all see your idiocy.

 

[Nuthin' Fancy]

More than a dozen used a tax break for executive stock options to sharply reduce their income taxes last year. These include Advanced Micro Devices, Archer Daniels Midland, Booz Allen Hamilton, Charter Communications, Nike, and Salesforce.com. This tax break allows companies to write off stock-option related expenses for tax purposes that go far beyond expenses they report to investors.

^This has nothing to do with Trump's tax cut. Idiot.

SAME fucking thing you moron.

 

[Toddsterpatriot]

SAME fucking thing you moron.

Unchanged by Trump's tax cut, idjit!

 

[Nuthin' Fancy]

Tell me more about how these corporations paid zero because of the Trump tax cut.
Use your own words so we can all see your idiocy.

Twice as many companies paying zero taxes under Trump ...​

NBC News
https://www.nbcnews.com › business › twice-many-co...
Apr 11, 2019 — Twice as many companies paying zero taxes under Trump tax plan. The Tax Cuts and Jobs Act lowered the corporate tax rate from 35 percent to ...

MORON.

 

[Nuthin' Fancy]

Unchanged by Trump's tax cut, idjit!

SEE above, moron.

 

[Toddsterpatriot]

Twice as many companies paying zero taxes under Trump ...​

View attachment 803801
NBC News
https://www.nbcnews.com › business › twice-many-co...
Apr 11, 2019 — Twice as many companies paying zero taxes under Trump tax plan. The Tax Cuts and Jobs Act lowered the corporate tax rate from 35 percent to ...

MORON.

Can't use your own words to explain it?

Hilarious.

 

[Toddsterpatriot]

SEE above, moron.

I see above that you're a moron. Moron.

 

[Nuthin' Fancy]

Can't use your own words to explain it?

Hilarious.

You can't read words?
Understandable, Trump loves his cult.