Why does the left believe a corporate tax break "steals" money from the taxpayers?

[danielpalos]

How many times have you heard "Corporate tax breaks are being subsidized by the tax-paying public" or "The tax payers are having to foot the bill for a private company"?

Those are ignorant statements. A tax break given to a corporation isn't existing money the government has already collected from taxpayers, it's some of the money those corporations have earned on their own. Money which they don't have to pay to the government. They earned it, and they own it.

That would be equivalent to saying that the general public has some right to a corporation's earnings which anyone can tell you, is socialism.

Every dollar a corporation doesn't pay in taxes has to be paid by someone else,

all else being equal.

The zero sum game.
It does not exist.
Every dollar paid by a business, gets passed along to the end user.
Every dollar not recovered by a business is removed from the bottom line. Meaning. one less dollar to add to the labor budget. One less dollar to the equipment budget, etc.
Taxation removes money from the economy.

Taxation does not remove money from the economy unless it goes overseas.

Where do you think taxes collected to pay for building fighter jets, for example, goes?

hint...this is where you ignore the question to pretend you're not full of shit.

"Taxation does not remove money from the economy unless it goes overseas."
Yes, it does. It happens two ways. One, government waste. Our federal government squanders much of what it collects. for example. over 60% of every dollar collected for social programs is spent on administration( salaries etc) That's absurd. Our government funds things that should be left to the private sector. Such as the arts. Public broadcasting, AMTRAK.....federal grants to universities for research on such important things like testing the sexual prowess of certain bird species while high on cocaine....Or millions spent on things like a campaign to make people feel good about their most recent automobile purchase.
Television commercials advertising about signing up for military duty.
Two, for every dollar confiscated, the reaction is to find more ways to use the tax laws to avoid paying taxes. The latter removes resources from the economy that would be otherwise invested in the economy.
You , a liberal has the NERVE to mention defense spending? Cut the bullshit.
You cannot use ( support) military spending as an example of support higher taxation then scream about the "military industrial complex"...NO!
You don't get to have it both ways....

Abolish the drug war to pay for health care. Not, liberal enough?

 

[Toddsterpatriot]

https://abetterway.speaker.gov/_assets/pdf/ABetterWay-Tax-PolicyPaper.pdf

Problem #2: The Current Code Delivers Special Interest Subsidies and Crony Capitalism. The tax code is littered with hundreds of preferences and subsidies that pick winners and losers and create complexity. Instead of free-market competition that rewards success, our tax code directs resources to politically favored interests, creating a drag on economic growth and job creation. In fact, Washington encourages individuals and businesses to make investment decisions based not on the most promising new technologies and innovations, but instead on the promise of tax savings. Many of these tax preferences, sometimes referred to as “tax expenditures,” are special-interest giveaways that are masked as tax breaks instead of direct grants. For fiscal year 2016, such “spending” through the tax code amounts to more than $1.4 trillion, or almost three-fourths of the amount of revenue raised by the entire Federal income tax. When Washington picks winners and losers with the tax code, the American people ultimately pay higher tax rates and keep less of their hard-earned money.


Boom!

Get that through your THICK HEADS.

Are mortgage deductions and child credits examples of "government picking winners and losers and creating complexity"?


I'm not saying it's not a real issue, but there is complexity in there that people do want.

I addressed the MID pages ago. It's a massive wealth transfer scheme. You are being robbed while bleeving you are getting to keep more of your own money.

One of the biggest hoaxes every pulled on taxpayers.

Even our One Percenter in Chief realizes the Institutional nature of "income redistribution" through the "goodness" of socialism.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%.[20] However, after the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 35% to 37%, and that owned by the top 20% of Americans grew from 85% to 88%. The Great Recession also caused a drop of 36% in median household wealth but a drop of only 11% for the top 1%, further widening the gap between the top 1% and the bottom 99%.--https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

Coincidence or public policy directives.

Just trickle down economics that simply bails out the rich and then, allegedly trickles down to the poor.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Better start saving son.
It starts with a job.
Get crackin'! (<<<that doesn't mean do more drugs, loser)

Only crony capitalists, say that.

You'll never save without one.....

 

[Toddsterpatriot]

I addressed the MID pages ago. It's a massive wealth transfer scheme. You are being robbed while bleeving you are getting to keep more of your own money.

One of the biggest hoaxes every pulled on taxpayers.

Even our One Percenter in Chief realizes the Institutional nature of "income redistribution" through the "goodness" of socialism.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%.[20] However, after the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 35% to 37%, and that owned by the top 20% of Americans grew from 85% to 88%. The Great Recession also caused a drop of 36% in median household wealth but a drop of only 11% for the top 1%, further widening the gap between the top 1% and the bottom 99%.--https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

Coincidence or public policy directives.

Just trickle down economics that simply bails out the rich and then, allegedly trickles down to the poor.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Better start saving son.
It starts with a job.
Get crackin'! (<<<that doesn't mean do more drugs, loser)

So 80% of Americans are jobless and not working eh?

Guys with no jobs, like Daniel, whine about people with wealth.
I wonder if he'll ever have any of his own? What do you think?

I Only "whine" about wealth Because the right wing "whines" about taxes.

I don't whine about taxes.

You don't have a job, why would you whine about taxes?

 

[danielpalos]

Are mortgage deductions and child credits examples of "government picking winners and losers and creating complexity"?


I'm not saying it's not a real issue, but there is complexity in there that people do want.

I addressed the MID pages ago. It's a massive wealth transfer scheme. You are being robbed while bleeving you are getting to keep more of your own money.

One of the biggest hoaxes every pulled on taxpayers.

Even our One Percenter in Chief realizes the Institutional nature of "income redistribution" through the "goodness" of socialism.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%.[20] However, after the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 35% to 37%, and that owned by the top 20% of Americans grew from 85% to 88%. The Great Recession also caused a drop of 36% in median household wealth but a drop of only 11% for the top 1%, further widening the gap between the top 1% and the bottom 99%.--https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

Coincidence or public policy directives.

Just trickle down economics that simply bails out the rich and then, allegedly trickles down to the poor.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Better start saving son.
It starts with a job.
Get crackin'! (<<<that doesn't mean do more drugs, loser)

Only crony capitalists, say that.

You'll never save without one.....

I am "working on a not for profit" basis.

 

[danielpalos]

Even our One Percenter in Chief realizes the Institutional nature of "income redistribution" through the "goodness" of socialism.

Coincidence or public policy directives.

Just trickle down economics that simply bails out the rich and then, allegedly trickles down to the poor.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Better start saving son.
It starts with a job.
Get crackin'! (<<<that doesn't mean do more drugs, loser)

So 80% of Americans are jobless and not working eh?

Guys with no jobs, like Daniel, whine about people with wealth.
I wonder if he'll ever have any of his own? What do you think?

I Only "whine" about wealth Because the right wing "whines" about taxes.

I don't whine about taxes.

You don't have a job, why would you whine about taxes?

Silly. Because I am better at tax avoidance than You.

 

[Toddsterpatriot]

I addressed the MID pages ago. It's a massive wealth transfer scheme. You are being robbed while bleeving you are getting to keep more of your own money.

One of the biggest hoaxes every pulled on taxpayers.

Even our One Percenter in Chief realizes the Institutional nature of "income redistribution" through the "goodness" of socialism.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%.[20] However, after the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 35% to 37%, and that owned by the top 20% of Americans grew from 85% to 88%. The Great Recession also caused a drop of 36% in median household wealth but a drop of only 11% for the top 1%, further widening the gap between the top 1% and the bottom 99%.--https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

Coincidence or public policy directives.

Just trickle down economics that simply bails out the rich and then, allegedly trickles down to the poor.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Better start saving son.
It starts with a job.
Get crackin'! (<<<that doesn't mean do more drugs, loser)

Only crony capitalists, say that.

You'll never save without one.....

I am "working on a not for profit" basis.

With no wealth.

 

[Toddsterpatriot]

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Better start saving son.
It starts with a job.
Get crackin'! (<<<that doesn't mean do more drugs, loser)

So 80% of Americans are jobless and not working eh?

Guys with no jobs, like Daniel, whine about people with wealth.
I wonder if he'll ever have any of his own? What do you think?

I Only "whine" about wealth Because the right wing "whines" about taxes.

I don't whine about taxes.

You don't have a job, why would you whine about taxes?

Silly. Because I am better at tax avoidance than You.

Yup. No job, no money, no taxes.

 

[danielpalos]

Even our One Percenter in Chief realizes the Institutional nature of "income redistribution" through the "goodness" of socialism.

Coincidence or public policy directives.

Just trickle down economics that simply bails out the rich and then, allegedly trickles down to the poor.

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Better start saving son.
It starts with a job.
Get crackin'! (<<<that doesn't mean do more drugs, loser)

Only crony capitalists, say that.

You'll never save without one.....

I am "working on a not for profit" basis.

With no wealth.

I am not complaining about taxes.

 

[danielpalos]

So 80% of Americans are jobless and not working eh?

Guys with no jobs, like Daniel, whine about people with wealth.
I wonder if he'll ever have any of his own? What do you think?

I Only "whine" about wealth Because the right wing "whines" about taxes.

I don't whine about taxes.

You don't have a job, why would you whine about taxes?

Silly. Because I am better at tax avoidance than You.

Yup. No job, no money, no taxes.

Only whiners get jobs to complain about taxes.

 

[Toddsterpatriot]

In 2007, the top 20% wealthiest possessed 80% of all financial assets.[19] In 2007 the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.

Better start saving son.
It starts with a job.
Get crackin'! (<<<that doesn't mean do more drugs, loser)

Only crony capitalists, say that.

You'll never save without one.....

I am "working on a not for profit" basis.

With no wealth.

I am not complaining about taxes.

I know, the unemployed rarely do........

 

[danielpalos]

Only crony capitalists, say that.

You'll never save without one.....

I am "working on a not for profit" basis.

With no wealth.

I am not complaining about taxes.

I know, the unemployed rarely do........

Class envy?