What happens when you have a lower corporate tax rate?

[healthmyths]

Taxes are for the poor working stiff! The great and powerful companies should pay nothing !!!!

Every dollar of profit a corporation earns will be taxed because eventually every dollar that a corporation earns ends up as income to someone. Why do you want to tax it twice?

No corp. keeps all the profit it makes under a mattress

And every dollar earned by workers is also taxed multiple times . What's your point ?

Why should the company be exempt from taxation while the working stiff gets the tax burden ?

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and to many states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?

 

[Timmy]

Taxes are for the poor working stiff! The great and powerful companies should pay nothing !!!!

Every dollar of profit a corporation earns will be taxed because eventually every dollar that a corporation earns ends up as income to someone. Why do you want to tax it twice?

No corp. keeps all the profit it makes under a mattress

And every dollar earned by workers is also taxed multiple times . What's your point ?

Why should the company be exempt from taxation while the working stiff gets the tax burden ?

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and many states the states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?
View attachment 84857

The worker also pays those same things and more . the worker also helps the company earn it's income . A company is just a piece of paper , a legal entity . So yeah , I'm more concerned about the human working off the sweat of his brow.

 

[healthmyths]

Taxes are for the poor working stiff! The great and powerful companies should pay nothing !!!!

Every dollar of profit a corporation earns will be taxed because eventually every dollar that a corporation earns ends up as income to someone. Why do you want to tax it twice?

No corp. keeps all the profit it makes under a mattress

And every dollar earned by workers is also taxed multiple times . What's your point ?

Why should the company be exempt from taxation while the working stiff gets the tax burden ?

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and many states the states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?
View attachment 84857

The worker also pays those same things and more . the worker also helps the company earn it's income . A company is just a piece of paper , a legal entity . So yeah , I'm more concerned about the human working off the sweat of his brow.

And more? What more? Did you see the table I attached? The company actually pays MORE in taxes. For example are you familiar with Workman's comp? Or unemployment taxes? Of course not. Evil companies... THAT provide the jobs. You know the really sad part about people like you is your ignorance! You have no idea what it takes to be a business owner because your simple short span attention ONLY sees 30 second sound bites, or headlines and then YOU make these really dumb assumptions!
Tell you what. Let's make companies illegal. Let's just all have equal ownership. Just like say Venezuela ! Or Cuba! Yea...that's the ticket!
Let's all be equal owners with NO ONE running anything. No one taking responsibility for decisions.
Here's what that looks like!

 

[Montrovant]

Taxes are for the poor working stiff! The great and powerful companies should pay nothing !!!!

Every dollar of profit a corporation earns will be taxed because eventually every dollar that a corporation earns ends up as income to someone. Why do you want to tax it twice?

No corp. keeps all the profit it makes under a mattress

And every dollar earned by workers is also taxed multiple times . What's your point ?

Why should the company be exempt from taxation while the working stiff gets the tax burden ?

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and many states the states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?
View attachment 84857

The worker also pays those same things and more . the worker also helps the company earn it's income . A company is just a piece of paper , a legal entity . So yeah , I'm more concerned about the human working off the sweat of his brow.

If a company is just a piece of paper, why tax it as though it were a person?

 

[Timmy]

Taxes are for the poor working stiff! The great and powerful companies should pay nothing !!!!

Every dollar of profit a corporation earns will be taxed because eventually every dollar that a corporation earns ends up as income to someone. Why do you want to tax it twice?

No corp. keeps all the profit it makes under a mattress

And every dollar earned by workers is also taxed multiple times . What's your point ?

Why should the company be exempt from taxation while the working stiff gets the tax burden ?

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and many states the states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?
View attachment 84857

The worker also pays those same things and more . the worker also helps the company earn it's income . A company is just a piece of paper , a legal entity . So yeah , I'm more concerned about the human working off the sweat of his brow.

And more? What more? Did you see the table I attached? The company actually pays MORE in taxes. For example are you familiar with Workman's comp? Or unemployment taxes? Of course not. Evil companies... THAT provide the jobs. You know the really sad part about people like you is your ignorance! You have no idea what it takes to be a business owner because your simple short span attention ONLY sees 30 second sound bites, or headlines and then YOU make these really dumb assumptions!
Tell you what. Let's make companies illegal. Let's just all have equal ownership. Just like say Venezuela ! Or Cuba! Yea...that's the ticket!
Let's all be equal owners with NO ONE running anything. No one taking responsibility for decisions.
Here's what that looks like!
View attachment 84860

You act As if companies get a raw deal . Then why incorporate ?

And while you post tax rates , that doesn't mean that's what a company pays .

Work comp and unemployment ? Yeah , that's the insurance to take care of people after a company is done with them or if they are hurt at work . The taxpayer gets the shaft on those .

I'm not out to gouge , but to let companies off the tax hook is ridiculous .

 

[Timmy]

Taxes are for the poor working stiff! The great and powerful companies should pay nothing !!!!

Every dollar of profit a corporation earns will be taxed because eventually every dollar that a corporation earns ends up as income to someone. Why do you want to tax it twice?

No corp. keeps all the profit it makes under a mattress

And every dollar earned by workers is also taxed multiple times . What's your point ?

Why should the company be exempt from taxation while the working stiff gets the tax burden ?

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and many states the states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?
View attachment 84857

The worker also pays those same things and more . the worker also helps the company earn it's income . A company is just a piece of paper , a legal entity . So yeah , I'm more concerned about the human working off the sweat of his brow.

If a company is just a piece of paper, why tax it as though it were a person?

Why incorporate ?

 

[Toro]

There is no Laffer Curve for individual tax rates other than from very high levels.

But there is a Laffer Curve when corporate tax rates are cut.

We should cut corporate taxes to 15% and eliminate the ridiculous loopholes.

 

[Montrovant]

Every dollar of profit a corporation earns will be taxed because eventually every dollar that a corporation earns ends up as income to someone. Why do you want to tax it twice?

No corp. keeps all the profit it makes under a mattress

And every dollar earned by workers is also taxed multiple times . What's your point ?

Why should the company be exempt from taxation while the working stiff gets the tax burden ?

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and many states the states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?
View attachment 84857

The worker also pays those same things and more . the worker also helps the company earn it's income . A company is just a piece of paper , a legal entity . So yeah , I'm more concerned about the human working off the sweat of his brow.

If a company is just a piece of paper, why tax it as though it were a person?

Why incorporate ?

Why answer a question with a question?

 

[Siete]

paper napkin Laffin' Curve.

SOLD !

 

[Timmy]

And every dollar earned by workers is also taxed multiple times . What's your point ?

Why should the company be exempt from taxation while the working stiff gets the tax burden ?

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and many states the states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?
View attachment 84857

The worker also pays those same things and more . the worker also helps the company earn it's income . A company is just a piece of paper , a legal entity . So yeah , I'm more concerned about the human working off the sweat of his brow.

If a company is just a piece of paper, why tax it as though it were a person?

Why incorporate ?

Why answer a question with a question?

You just did !

I'll answer you . corporations are taxed as part of the deal for their existence . No biz HAS to incorporate , but it does have many legal advantages . The disadvantage, taxes .

 

[rdean]

Ireland’s Economists Left Speechless by 26% Growth Figure

Businesses flood your Nation. Their corporate tax rate is effectively half of ours and their growth is unheard of.

On the opposite end of the spectrum you have Socialism like Brazil or Venezuela where the economy has been destroyed by the politicians despite being high in natural resources.

Dream on.

 

[Remodeling Maidiac]

Ireland’s Economists Left Speechless by 26% Growth Figure

Businesses flood your Nation. Their corporate tax rate is effectively half of ours and their growth is unheard of.

On the opposite end of the spectrum you have Socialism like Brazil or Venezuela where the economy has been destroyed by the politicians despite being high in natural resources.

Dream on.

For once you are correct. With Obama at the helm all we have are dreams. Good job Derp

 

[rdean]

Ireland’s Economists Left Speechless by 26% Growth Figure

Businesses flood your Nation. Their corporate tax rate is effectively half of ours and their growth is unheard of.

On the opposite end of the spectrum you have Socialism like Brazil or Venezuela where the economy has been destroyed by the politicians despite being high in natural resources.

Fucking dumbass. Don't you ever read your damn links??????????

--------------

For one, tax inversions artificially inflate the size of Ireland’s economy. When the headquarters of a group of companies becomes resident in Ireland, all of its global profits may be counted as part of the nation’s gross national income, according to the ministry.


Since 2008, that gauge has been boosted by about 7 billion euros thanks to corporate relocations, without accompanying substance or employment, the ministry has said. This in turn drives up the country’s contribution to the European Union budget, which is based on the size of the economy.

-----------

What the hell is wrong with you??????????????

 

[Remodeling Maidiac]

Ireland’s Economists Left Speechless by 26% Growth Figure

Businesses flood your Nation. Their corporate tax rate is effectively half of ours and their growth is unheard of.

On the opposite end of the spectrum you have Socialism like Brazil or Venezuela where the economy has been destroyed by the politicians despite being high in natural resources.

Fucking dumbass. Don't you ever read your damn links??????????

--------------

For one, tax inversions artificially inflate the size of Ireland’s economy. When the headquarters of a group of companies becomes resident in Ireland, all of its global profits may be counted as part of the nation’s gross national income, according to the ministry.


Since 2008, that gauge has been boosted by about 7 billion euros thanks to corporate relocations, without accompanying substance or employment, the ministry has said. This in turn drives up the country’s contribution to the European Union budget, which is based on the size of the economy.

-----------

What the hell is wrong with you??????????????

Me?

Where in my op did I mention ANYTHING about jobs?

Seems it is you who has the problem. A reading comprehension one.

 

[Camp]

There is no Laffer Curve for individual tax rates other than from very high levels.

But there is a Laffer Curve when corporate tax rates are cut.

We should cut corporate taxes to 15% and eliminate the ridiculous loopholes.

How about if we cut the loopholes and then discuss lowering the rate. The likelihood of getting rid of most of those loopholes is next to 0%. Those loopholes are so prevalent that many of our biggest corporations pay no taxes. It makes the actual percentage of taxes applied almost irrelevant.

 

[Montrovant]

And every dollar the company gets in revenue is TAXED MULTIPLE TIMES! More times the the average worker in fact.
A) You are aware aren't you that the company matches the employees' SS/Medicare payments? I am confident you don't know
that because most Americans don't!
B) You are aware that the "dividends" paid out to the evil companies' shareholders are considered income and are TAXED again?
In other words the company pays a corporate income tax to the Feds and many states the states...all before paying out an evil dividend!
C) You are aware that companies' also pay sales taxes, property taxes...just like the worker???

So in retort to your comment, the evil companies pay MORE in taxes then the worker.
How much tax do we really pay?
View attachment 84857

The worker also pays those same things and more . the worker also helps the company earn it's income . A company is just a piece of paper , a legal entity . So yeah , I'm more concerned about the human working off the sweat of his brow.

If a company is just a piece of paper, why tax it as though it were a person?

Why incorporate ?

Why answer a question with a question?

You just did !

I'll answer you . corporations are taxed as part of the deal for their existence . No biz HAS to incorporate , but it does have many legal advantages . The disadvantage, taxes .

Fair enough.

A following question would be whether one can run an unincorporated business without that business paying taxes?

 

[healthmyths]

There is no Laffer Curve for individual tax rates other than from very high levels.

But there is a Laffer Curve when corporate tax rates are cut.

We should cut corporate taxes to 15% and eliminate the ridiculous loopholes.

Just curious.
Do you know what the top 20 "ridiculous loopholes" are?
If not check this out:

-- Employees' health insurance premiums deduction from taxes in 2013 $248 billion -- tax break paying
for employees' insurance... who benefits??? Employees... little people...

-- Employees' pension payments.. total deduction from taxes in 2013 $137 billion

-- Employee mortgage interest deductions in 2013 $ 70 billion...

-- Employee SS/Railroad benefits deductions benefitting employees.. in 2013 $33 billion

-- Earned income tax credit totally directly to the Little people $61 billion

-- Child tax credit meaning little people deduct $57 billion from their taxes

A total of $606 billion or 66% of the total deductions "i.e. TAX LOOPHOLES that are taken... 66% taken for the benefit of the employees/little people...
RIGHT let's take all those tax benefits away and that would mean $606 billion more income to the Federal government!
THESE are the facts folks but again most of you LIPs are so ill-informed it is disgusting how dumb you guys are!
The Distribution of Major Tax Expenditures in the Individual Income Tax System

 

[rdean]

Ireland’s Economists Left Speechless by 26% Growth Figure

Businesses flood your Nation. Their corporate tax rate is effectively half of ours and their growth is unheard of.

On the opposite end of the spectrum you have Socialism like Brazil or Venezuela where the economy has been destroyed by the politicians despite being high in natural resources.

Fucking dumbass. Don't you ever read your damn links??????????

--------------

For one, tax inversions artificially inflate the size of Ireland’s economy. When the headquarters of a group of companies becomes resident in Ireland, all of its global profits may be counted as part of the nation’s gross national income, according to the ministry.


Since 2008, that gauge has been boosted by about 7 billion euros thanks to corporate relocations, without accompanying substance or employment, the ministry has said. This in turn drives up the country’s contribution to the European Union budget, which is based on the size of the economy.

-----------

What the hell is wrong with you??????????????

Me?

Where in my op did I mention ANYTHING about jobs?

Seems it is you who has the problem. A reading comprehension one.

Then why the fuck are you even bothering with this nonsense.

And just for laughs, what do you think they mean when they say "without accompanying substance" and tax inversions artificially inflate the size of Ireland’s economy.

 

[Remodeling Maidiac]

Ireland’s Economists Left Speechless by 26% Growth Figure

Businesses flood your Nation. Their corporate tax rate is effectively half of ours and their growth is unheard of.

On the opposite end of the spectrum you have Socialism like Brazil or Venezuela where the economy has been destroyed by the politicians despite being high in natural resources.

Fucking dumbass. Don't you ever read your damn links??????????

--------------

For one, tax inversions artificially inflate the size of Ireland’s economy. When the headquarters of a group of companies becomes resident in Ireland, all of its global profits may be counted as part of the nation’s gross national income, according to the ministry.


Since 2008, that gauge has been boosted by about 7 billion euros thanks to corporate relocations, without accompanying substance or employment, the ministry has said. This in turn drives up the country’s contribution to the European Union budget, which is based on the size of the economy.

-----------

What the hell is wrong with you??????????????

Me?

Where in my op did I mention ANYTHING about jobs?

Seems it is you who has the problem. A reading comprehension one.

Then why the fuck are you even bothering with this nonsense.

And just for laughs, what do you think they mean when they say "without accompanying substance" and tax inversions artificially inflate the size of Ireland’s economy.

I can only assume you're another one of the loons who believes the rich hide their money in mattresses rather than reinventing it.

 

[Montrovant]

Ireland’s Economists Left Speechless by 26% Growth Figure

Businesses flood your Nation. Their corporate tax rate is effectively half of ours and their growth is unheard of.

On the opposite end of the spectrum you have Socialism like Brazil or Venezuela where the economy has been destroyed by the politicians despite being high in natural resources.

Fucking dumbass. Don't you ever read your damn links??????????

--------------

For one, tax inversions artificially inflate the size of Ireland’s economy. When the headquarters of a group of companies becomes resident in Ireland, all of its global profits may be counted as part of the nation’s gross national income, according to the ministry.


Since 2008, that gauge has been boosted by about 7 billion euros thanks to corporate relocations, without accompanying substance or employment, the ministry has said. This in turn drives up the country’s contribution to the European Union budget, which is based on the size of the economy.

-----------

What the hell is wrong with you??????????????

Me?

Where in my op did I mention ANYTHING about jobs?

Seems it is you who has the problem. A reading comprehension one.

Then why the fuck are you even bothering with this nonsense.

And just for laughs, what do you think they mean when they say "without accompanying substance" and tax inversions artificially inflate the size of Ireland’s economy.

I can only assume you're another one of the loons who believes the rich hide their money in mattresses rather than reinventing it.

The rich reinvent money?!