Trump falsely states USA is the most highly taxed nation in the world

[JimH52]

And the RW Loons will drink his poison of lies once again. Donald is Teflon with GOP. Not so much with the General.

 

[Dad2three]

Maybe he meant corporate taxes...

From the article...
America has the highest corporate tax rate in the world among major economies. Its top rate of 40% has encouraged a number of companies to “invert.” In an inversion, a U.S. company buys a foreign subsidiary and moves its headquarters (on paper, at least) to that country to enjoy a lower tax rate—a practice that Fortune has called positively un-American.


The five countries with the highest corporate tax rates - Fortune

If not the highest we are at the top...

Weird why don't the GOP jump on board with Obama's almost 3 year old proposal top drop it from 35% to 28% and get rid of loopholes and use the revenues to fix infrastructure?


Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


During an interview on CNBC, billionaire investor Warren Buffett, in response to Santorum’s piece, noted that is is actually “a myth” that America’s corporate taxes are high. “Corporate taxes are not strangling American competitiveness,” Buffett explained, even bringing a chart to prove his point:

The interesting thing about the corporate rate is that corporate profits, as a percentage of GDP last year were the highest or just about the highest in the last 50 years. They were ten and a fraction percent of GDP. That’s higher than we’ve seen in 50 years. The corporate taxes as a percentage of GDP were 1.2 percent, $180 billion. That’s just about the lowest we’ve seen. So our corporate tax rate last year, effectively, in terms of taxes paid for the United States, was around 12 percent, which is well below those existing in most of the industrialized countries around the world. So it is a myth that American corporations are paying 35 percent or anything like it…Corporate taxes are not strangling American competitiveness.


Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High

Then why do Corporations KEEP over $2 TRILLION dollars overseas, if the taxes aren't so high?

SELFISH BASTARDS ARE WAITING FOR ANOTHER GOP TAX HOLIDAY AT 5% like Dubya's failure in 2003-2004??? To destroy US jobs?

Progressives on welfare are the most selfish people

"I got mine, fuck you taxpayers You better keep paying!" -- Dem Voter

Got it Bubs, as usual you have NOTHING to advance the discussion and can't give ANY intelligent replies

 

[Zander]

The media are obsessed with President Trump. His every utterance is analyzed, parsed, and dissected.
He OWNS the media. They are his bitches!

President Trump....get used to hearing it Motherfuckers!!

 

[Vigilante]

U.S. States Lead the World in High Corporate Taxes | Tax ...
taxfoundation.org/article/us-states-lead-world-high-corporate-taxes
... it may not be sufficient to meaningfully improve the competitiveness of the United States. ... While a 5 percentage point cut in the federal corporate tax rate ...

U.S. Corporate Tax Rates Are the Highest in the Developed ...
www.heritage.org/federalbudget/corporate-tax-rate
The U.S. total corporate tax rate at 39.1 percent is the highest corporate tax rate in the developed world, which reduces investment in the U.S. and costs American ...

US Corporate Tax Rate World's Highest For Two Years
www.tax-news.com/news/US_Corporate_Tax_Rate_Worlds_Highest_For_Two...
US Corporate Tax Rate World's Highest For Two Years; Close ... from whom it took over the mantle of the highest corporate tax rate on April 1, 2102.

Confused by Marginal rates versus EFFECTIVE rates huh? lol




During an interview on CNBC, billionaire investor Warren Buffett, in response to Santorum’s piece, noted that is is actually “a myth” that America’s corporate taxes are high. “Corporate taxes are not strangling American competitiveness,” Buffett explained, even bringing a chart to prove his point:

The interesting thing about the corporate rate is that corporate profits, as a percentage of GDP last year were the highest or just about the highest in the last 50 years. They were ten and a fraction percent of GDP. That’s higher than we’ve seen in 50 years. The corporate taxes as a percentage of GDP were 1.2 percent, $180 billion. That’s just about the lowest we’ve seen. So our corporate tax rate last year, effectively, in terms of taxes paid for the United States, was around 12 percent, which is well below those existing in most of the industrialized countries around the world. So it is a myth that American corporations are paying 35 percent or anything like it…Corporate taxes are not strangling American competitiveness.

Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High

You STILL haven't answered the question...If Corporate taxes are so low, why is over $2 TRILLION in Corporate money staying overseas... Oh and Buffet on Taxes....

• Warren Buffett's Berkshire Hathaway Owes Taxes Going Back ...
  www.huffingtonpost.com/2011/08/29/warren-buffett-taxes-berkshire...
  Aug 29, 2011 · ... Berkshire Hathaway CEO Warren Buffett, ... Berkshire Hathaway Owes Taxes Going Back To ... last week dreamt up a $5 billion BofA deal in the ...

• Warren Buffett Owes 1 Billion in Back Taxes | Frontpage Mag
  www.frontpagemag.com/point/167585/warren-buffett-owes-1-billion...
  Higher taxes. They're for other people. People who don't have Obama's private phone number. There are are two recent cases where Warren has done everything possible ...

• Report: Buffett's Berkshire Owes $1 Billion In Back Taxes
  www.newsmax.com/Headline/buffett-irs-back-taxes/2011/09/01/id/409520
  ... Buffett's Berkshire Owes $1 Billion In Back Taxes. ... Billionaire investor Warren Buffett triggered a major debate over taxes recently when he wrote in The ...

• How Much is Buffett’s Berkshire Hathaway Back-Tax Bill ...
  www.theblaze.com/stories/2011/08/30/how-much-is-buffetts-berkshire...
  ... The Blaze reported that Warren Buffett's company, ... owes back taxes dating to 2002. ... revealing the damage could be close to $1 billion. ...

• Seen on FB now: "Warren Buffett owes 1 billion in back ...
  www.democraticunderground.com › … › General Discussion (Forum)
  Jan 26, 2012 · Seen on FB now: "Warren Buffett owes 1 billion in back taxes." (Original post)

Oh goodie, more right wing talking points devoid of reason or logic

HINT, EVERY Corps fights with IRS over taxes, AND Buffettt has a FINANCIAL RESPONSIBILITY to run his Corp for the max benefit of shareholders DUMMY

THAT has NOTHING to do with Corp tax being the highest! Want to try and make some sense this time?

 

[Dad2three]

The media are obsessed with President Trump. His every utterance is analyzed, parsed, and dissected.
He OWNS the media. They are his bitches!

President Trump....get used to hearing it Motherfuckers!!

I LOVE you klowns support ANOTHER huckster. Run Trumpster run!

 

[Dad2three]

U.S. States Lead the World in High Corporate Taxes | Tax ...
taxfoundation.org/article/us-states-lead-world-high-corporate-taxes
... it may not be sufficient to meaningfully improve the competitiveness of the United States. ... While a 5 percentage point cut in the federal corporate tax rate ...

U.S. Corporate Tax Rates Are the Highest in the Developed ...
www.heritage.org/federalbudget/corporate-tax-rate
The U.S. total corporate tax rate at 39.1 percent is the highest corporate tax rate in the developed world, which reduces investment in the U.S. and costs American ...

US Corporate Tax Rate World's Highest For Two Years
www.tax-news.com/news/US_Corporate_Tax_Rate_Worlds_Highest_For_Two...
US Corporate Tax Rate World's Highest For Two Years; Close ... from whom it took over the mantle of the highest corporate tax rate on April 1, 2102.

Confused by Marginal rates versus EFFECTIVE rates huh? lol




During an interview on CNBC, billionaire investor Warren Buffett, in response to Santorum’s piece, noted that is is actually “a myth” that America’s corporate taxes are high. “Corporate taxes are not strangling American competitiveness,” Buffett explained, even bringing a chart to prove his point:

The interesting thing about the corporate rate is that corporate profits, as a percentage of GDP last year were the highest or just about the highest in the last 50 years. They were ten and a fraction percent of GDP. That’s higher than we’ve seen in 50 years. The corporate taxes as a percentage of GDP were 1.2 percent, $180 billion. That’s just about the lowest we’ve seen. So our corporate tax rate last year, effectively, in terms of taxes paid for the United States, was around 12 percent, which is well below those existing in most of the industrialized countries around the world. So it is a myth that American corporations are paying 35 percent or anything like it…Corporate taxes are not strangling American competitiveness.

Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High

You STILL haven't answered the question...If Corporate taxes are so low, why is over $2 TRILLION in Corporate money staying overseas... Oh and Buffet on Taxes....

• Warren Buffett's Berkshire Hathaway Owes Taxes Going Back ...
  www.huffingtonpost.com/2011/08/29/warren-buffett-taxes-berkshire...
  Aug 29, 2011 · ... Berkshire Hathaway CEO Warren Buffett, ... Berkshire Hathaway Owes Taxes Going Back To ... last week dreamt up a $5 billion BofA deal in the ...

• Warren Buffett Owes 1 Billion in Back Taxes | Frontpage Mag
  www.frontpagemag.com/point/167585/warren-buffett-owes-1-billion...
  Higher taxes. They're for other people. People who don't have Obama's private phone number. There are are two recent cases where Warren has done everything possible ...

• Report: Buffett's Berkshire Owes $1 Billion In Back Taxes
  www.newsmax.com/Headline/buffett-irs-back-taxes/2011/09/01/id/409520
  ... Buffett's Berkshire Owes $1 Billion In Back Taxes. ... Billionaire investor Warren Buffett triggered a major debate over taxes recently when he wrote in The ...

• How Much is Buffett’s Berkshire Hathaway Back-Tax Bill ...
  www.theblaze.com/stories/2011/08/30/how-much-is-buffetts-berkshire...
  ... The Blaze reported that Warren Buffett's company, ... owes back taxes dating to 2002. ... revealing the damage could be close to $1 billion. ...

• Seen on FB now: "Warren Buffett owes 1 billion in back ...
  www.democraticunderground.com › … › General Discussion (Forum)
  Jan 26, 2012 · Seen on FB now: "Warren Buffett owes 1 billion in back taxes." (Original post)

Oh goodie, more right wing talking points devoid of reason or logic

HINT, EVERY Corps fights with IRS over taxes, AND Buffettt has a FINANCIAL RESPONSIBILITY to run his Corp for the max benefit of shareholders DUMMY

THAT has NOTHING to do with Corp ta x being the highest! Want to try and make some sense this time?

Weird you asked a ridiculous question, I answered and you want more? How about GO FUK YOURSELF?

 

[MisterBeale]

And we are still not an empire.

And this was a stupid illustration drawn by a leftist idiot.

First of all, The Philippines, Hawaii, Puerto Rico and Cuba being caricatured as blacks is complete bullshit. It was done to manipulate racial emotions, not rational judgement.

Lets look at the 4 regions being illustrated. Three of them are at least moderately free and prosperous compared to Cuba, which is an Orwellian turd world hell hole that people swim 90 miles to get away from.

When people use illustrations like this to make some kind of point that the USA is somehow a malevolent entity, I wish I was Darth Vader and could strangle them through wifi.

Fucking morons are our biggest liability.

 

[Dad2three]

And we are still not an empire.

And this was a stupid illustration drawn by a leftist idiot.

First of all, The Philippines, Hawaii, Puerto Rico and Cuba being caricatured as blacks is complete bullshit. It was done to manipulate racial emotions, not rational judgement.

Lets look at the 4 regions being illustrated. Three of them are at least moderately free and prosperous compared to Cuba, which is an Orwellian turd world hell hole that people swim 90 miles to get away from.

When people use illustrations like this to make some kind of point that the USA is somehow a malevolent entity, I wish I was Darth Vader and could strangle them through wifi.

Fucking morons are our biggest liability.

Good book too

 

[CrusaderFrank]

Maybe he meant corporate taxes...

From the article...
America has the highest corporate tax rate in the world among major economies. Its top rate of 40% has encouraged a number of companies to “invert.” In an inversion, a U.S. company buys a foreign subsidiary and moves its headquarters (on paper, at least) to that country to enjoy a lower tax rate—a practice that Fortune has called positively un-American.


The five countries with the highest corporate tax rates - Fortune

If not the highest we are at the top...

Weird why don't the GOP jump on board with Obama's almost 3 year old proposal top drop it from 35% to 28% and get rid of loopholes and use the revenues to fix infrastructure?


Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


During an interview on CNBC, billionaire investor Warren Buffett, in response to Santorum’s piece, noted that is is actually “a myth” that America’s corporate taxes are high. “Corporate taxes are not strangling American competitiveness,” Buffett explained, even bringing a chart to prove his point:

The interesting thing about the corporate rate is that corporate profits, as a percentage of GDP last year were the highest or just about the highest in the last 50 years. They were ten and a fraction percent of GDP. That’s higher than we’ve seen in 50 years. The corporate taxes as a percentage of GDP were 1.2 percent, $180 billion. That’s just about the lowest we’ve seen. So our corporate tax rate last year, effectively, in terms of taxes paid for the United States, was around 12 percent, which is well below those existing in most of the industrialized countries around the world. So it is a myth that American corporations are paying 35 percent or anything like it…Corporate taxes are not strangling American competitiveness.


Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High

Then why do Corporations KEEP over $2 TRILLION dollars overseas, if the taxes aren't so high?

SELFISH BASTARDS ARE WAITING FOR ANOTHER GOP TAX HOLIDAY AT 5% like Dubya's failure in 2003-2004??? To destroy US jobs?

Progressives on welfare are the most selfish people

"I got mine, fuck you taxpayers You better keep paying!" -- Dem Voter

Got it Bubs, as usual you have NOTHING to advance the discussion and can't give ANY intelligent replies

Yawn.

You're boring me.

Check it out.

Find a grown up to read to you why Buffett uses stock swaps

 

[Dad2three]

Weird why don't the GOP jump on board with Obama's almost 3 year old proposal top drop it from 35% to 28% and get rid of loopholes and use the revenues to fix infrastructure?


Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


During an interview on CNBC, billionaire investor Warren Buffett, in response to Santorum’s piece, noted that is is actually “a myth” that America’s corporate taxes are high. “Corporate taxes are not strangling American competitiveness,” Buffett explained, even bringing a chart to prove his point:

The interesting thing about the corporate rate is that corporate profits, as a percentage of GDP last year were the highest or just about the highest in the last 50 years. They were ten and a fraction percent of GDP. That’s higher than we’ve seen in 50 years. The corporate taxes as a percentage of GDP were 1.2 percent, $180 billion. That’s just about the lowest we’ve seen. So our corporate tax rate last year, effectively, in terms of taxes paid for the United States, was around 12 percent, which is well below those existing in most of the industrialized countries around the world. So it is a myth that American corporations are paying 35 percent or anything like it…Corporate taxes are not strangling American competitiveness.


Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High

Then why do Corporations KEEP over $2 TRILLION dollars overseas, if the taxes aren't so high?

SELFISH BASTARDS ARE WAITING FOR ANOTHER GOP TAX HOLIDAY AT 5% like Dubya's failure in 2003-2004??? To destroy US jobs?

Progressives on welfare are the most selfish people

"I got mine, fuck you taxpayers You better keep paying!" -- Dem Voter

Got it Bubs, as usual you have NOTHING to advance the discussion and can't give ANY intelligent replies

Yawn.

You're boring me.

Check it out.

Find a grown up to read to you why Buffett uses stock swaps

Are you EVER going to post ANYTHING relevant? Highly doubtful!

 

[CrusaderFrank]

Then why do Corporations KEEP over $2 TRILLION dollars overseas, if the taxes aren't so high?

SELFISH BASTARDS ARE WAITING FOR ANOTHER GOP TAX HOLIDAY AT 5% like Dubya's failure in 2003-2004??? To destroy US jobs?

Progressives on welfare are the most selfish people

"I got mine, fuck you taxpayers You better keep paying!" -- Dem Voter

Got it Bubs, as usual you have NOTHING to advance the discussion and can't give ANY intelligent replies

Yawn.

You're boring me.

Check it out.

Find a grown up to read to you why Buffett uses stock swaps

Are you EVER going to post ANYTHING relevant? Highly doubtful!

It's only irrelevant because you're a fucking illiterate

 

[Dad2three]

SELFISH BASTARDS ARE WAITING FOR ANOTHER GOP TAX HOLIDAY AT 5% like Dubya's failure in 2003-2004??? To destroy US jobs?

Progressives on welfare are the most selfish people

"I got mine, fuck you taxpayers You better keep paying!" -- Dem Voter

Got it Bubs, as usual you have NOTHING to advance the discussion and can't give ANY intelligent replies

Yawn.

You're boring me.

Check it out.

Find a grown up to read to you why Buffett uses stock swaps

Are you EVER going to post ANYTHING relevant? Highly doubtful!

It's only irrelevant because you're a fucking illiterate

Got it, you'll stick with your usual bullshit. hmm

 

[CrusaderFrank]

Progressives on welfare are the most selfish people

"I got mine, fuck you taxpayers You better keep paying!" -- Dem Voter

Got it Bubs, as usual you have NOTHING to advance the discussion and can't give ANY intelligent replies

Yawn.

You're boring me.

Check it out.

Find a grown up to read to you why Buffett uses stock swaps

Are you EVER going to post ANYTHING relevant? Highly doubtful!

It's only irrelevant because you're a fucking illiterate

Got it, you'll stick with your usual bullshit. hmm

Again, not my fault you're incapable of understanding things, I blame our public education system for failing you

 

[Dad2three]

Got it Bubs, as usual you have NOTHING to advance the discussion and can't give ANY intelligent replies

Yawn.

You're boring me.

Check it out.

Find a grown up to read to you why Buffett uses stock swaps

Are you EVER going to post ANYTHING relevant? Highly doubtful!

It's only irrelevant because you're a fucking illiterate

Got it, you'll stick with your usual bullshit. hmm

Again, not my fault you're incapable of understanding things, I blame our public education system for failing you

I say it a socipatholgy that runs rampant among the right wingers like you Bubs

 

[Ame®icano]

Poor are mad because other people are rich, then they vote democrats expecting they will be better off when democrats are in power. Cause, really...democrats will take from rich and give to poor, right? Then they become even more poor. Every single time.

Why poor people vote consistently for democrat is beyond stupid.

 

[rdean]

Poor are mad because other people are rich, then they vote democrats expecting they will be better off when democrats are in power. Cause, really...democrats will take from rich and give to poor, right? Then they become even more poor. Every single time.

Why poor people vote consistently for democrat is beyond stupid.

What makes you think they vote Democrat?

 

[Ame®icano]

Politifact says we are in the middle of the pack.Trump is dumb. Donald Trump says U.S. is 'most highly taxed nation in the world'

Uhmmm...

That article isn't analyzing it the same way as Trump surely meant it. The way I see it, they're comparing tax per GDP and tax per capita. However, in terms of raw tax revenue, the US is definitely the highest. According to the data set they were quoting, US brings in four times as much taxes as the number two, Germany. Big China is not even in that list.

 

[Ame®icano]

Poor are mad because other people are rich, then they vote democrats expecting they will be better off when democrats are in power. Cause, really...democrats will take from rich and give to poor, right? Then they become even more poor. Every single time.

Why poor people vote consistently for democrat is beyond stupid.

What makes you think they vote Democrat?

What makes you think they're poor?

 

[Political Junky]

Poor Trump

Doesn't appreciate his historically low tax rate

Oh, he does appreciate his low taxes, but he made the statement about the USA having the highest rates to appeal to his followers among poor republicans who think they pay high taxes.

 

[rightwinger]

Poor are mad because other people are rich, then they vote democrats expecting they will be better off when democrats are in power. Cause, really...democrats will take from rich and give to poor, right? Then they become even more poor. Every single time.

Why poor people vote consistently for democrat is beyond stupid.

The poor are not mad because other people are rich. They are mad because their American Dream is gone. Few jobs. The jobs they have do not pay a living wage. The ladder of success is broken

Meanwhile, we continue to slash taxes on the wealthy and pretend we are helping the poor