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

[Moonglow]

Now it's a Trump phone and welfare is still being handed out by republicans, oh the sweet irony...

 

[Care4all]

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.

/----/ Libtards have a second issue as well. They can't grasp the notion that corporations treat taxes as overhead that gets passed on to the consumer. In effect, corporate taxes are taxes on the consumer.

But ONLY the consumer that buys the product or service.....

It's like a sales tax.....only the consumers who buy the product or service pays the tax....The taxpayer who does not buy the product or service does not pay the corporation's taxes, only those who use the service or buys the goods.


while running a deficit, lowering one group's taxes while leaving other tax groups alone does put MORE of the tax burden and deficits and debts on to those other tax groups that did not get a tax reduction as the one group, corporations, who do.

 

[Brain357]

Republicans are in control of everything and haven't rushed corp tax breaks.

 

[Toddsterpatriot]

You've gotten your wish for 60 years:

What have we gotten out of it?

The effective rate includes overseas earnings that the US doesn't see any tax revenue from.

 

[JGalt]

You've gotten your wish for 60 years:

What have we gotten out of it?

The effective rate includes overseas earnings that the US doesn't see any tax revenue from.

True. The U.S. has a very high corporate tax rate, compared to the rest of the world. But it always makes me cringe when someone copies some made-up chart with the footnote "Source: Federal Reserve", from the Daily Kos or the Democratic Underground websites.

The U.S. corporate tax rate has been steady since the late 1980's while everyone else's has dropped...

 

[Borillar]

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.

/----/ Not true. Letting people keep more of their hard earned money costs nothing.

We have 20 trillion in debt proving that is wrong.

Half of that being Obama's doing. If you remember the national debt was only something like $9 Trillion when GW left office.

And where did that $10 Trillion dollars Obama ran up go to?

To pay for Shrub's two wars of choice (off the books), unfunded Medicare drug benefit, and bankster bailout?

 

[EvilCat Breath]

Everyone who works for that company also pays taxes. Taxes are paid on everything that corporation buys. Lowered corporate taxes actually means more taxes collected overall.

Democrats have successfully convinced the poor that they pay more in taxes than corporations even though the poor actually pay no taxes at all. It's a slight of imagination. They believe, therefore it is.

 

[Borillar]

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 One Percenter of the right wing prefers to cut social spending to pay for the rich getting richer faster.

The muppets in this thread complaining about corporate taxes being too high are from the same nuthouse that constantly complains about taxes on the poor being too low.

Who ever said lower-income people's taxes are too low? I don't remember hearing anyone say that.

Really? You were oblivious since Romney made the claim that 47% pay no taxes ( even though everyone pays taxes of some sort)?

 

[Brain357]

Is the U.S. tax rate higher than the rest of the world, and what does that difference imply for tax policy? The answer depends, in part, on which tax rates are being compared. Although the U.S. statutory tax rate is higher, the average effective rate is about the same, and the marginal rate on new investment is only slightly higher. The statutory rate differential is relevant for international profit shifting; effective rates are more relevant for firms’ investment levels. The 13.7 percentage point differential in statutory rates (a 39.2% rate for the United States compared with 25.5% in other countries), narrows to about 9 percentage points when tax rates in the rest of the world are weighted to reflect the size of countries’ economies. (The OECD rates fell by slightly over one- half of a percentage point between 2010 and 2012.)

https://fas.org/sgp/crs/misc/R41743.pdf

 

[Borillar]

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.

Many cities give huge tax breaks getting a corporation to locate in their city, like paying no property tax for years in exchange for hiring local workers. Of course, the increase in population causes need for more roads, schools, utilities, etc which are funded by property taxes. Local property and businesses not privy to these sweetheart deals have to pick up the tab via property tax levies. Then the companies benefiting from all the freebies have layoffs or bring in H1-B foreign workers. Yeah, great deal repugs.

 

[deanrd]

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.

Let me explain something to you. 87% of lost manufacturing jobs that were lost in the last 25 years were automated. They didn't move overseas, they were taken over with less expensive machinery. These machines can work all night in the dark. They don't need healthcare, they don't get injured.

And yet, manufacturing output has more than doubled during that time. These companies are making money hand over fist. They are located within this country. They use American water and land and resources and they aren't paying more now than they were paying before. They are paying less thanks to Republicans who think the country exists to support companies who don't pay their fair share. And one of those costs is living in a safe and stable country where those companies can continue to exist and prosper. They aren't paying security because WE ARE the security.

In Russia, Putin forced families to turn over their money and assets and that made him the wealthiest man in the world. That doesn't happen here. But if these companies keep taking advantage of this country, ripping us off and stripping the US of it's wealth and natural resources, it's inevitable. A logical outcome. It can't be explained any more simply than that.

Only Republicans fight to make less. They want to repeal the minimum wage. They are against education. It's as if they are determined to keep themselves down and ruin the lives of their children. All they stand for is bad. That's it. Just bad.

 

[NYcarbineer]

You've gotten your wish for 60 years:

What have we gotten out of it?

/----/ we've gotten lower consumer prices for starters.

lol.

 

[NYcarbineer]

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 One Percenter of the right wing prefers to cut social spending to pay for the rich getting richer faster.

The muppets in this thread complaining about corporate taxes being too high are from the same nuthouse that constantly complains about taxes on the poor being too low.

Who ever said lower-income people's taxes are too low? I don't remember hearing anyone say that.

Really? You were oblivious since Romney made the claim that 47% pay no taxes ( even though everyone pays taxes of some sort)?

He simply pretends that facts he doesn't like don't exist.

 

[NYcarbineer]

You know why foreign countries can afford a lower corporate tax rate?

Because they get major amounts of revenue from a VAT tax.

You want to add a VAT tax so we can lower corporate taxes?

 

[bendog]

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.

your healthcare tax break is adding to the debt.

 

[bendog]

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

all else being equal.

The One Percenter of the right wing prefers to cut social spending to pay for the rich getting richer faster.

The muppets in this thread complaining about corporate taxes being too high are from the same nuthouse that constantly complains about taxes on the poor being too low.

Who ever said lower-income people's taxes are too low? I don't remember hearing anyone say that.

Really? You were oblivious since Romney made the claim that 47% pay no taxes ( even though everyone pays taxes of some sort)?

He simply pretends that facts he doesn't like don't exist.

He's John Galt. LOL

 

[g5000]

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.

Hey dumbshit. Cutting tax expenditures is a core conservative principle. This is why I call you tards pseudocons. You are so far off the reservation you don't recognize even the basics of conservatism.

Ronald Reagan got it. That's why he eliminated a number of tax expenditures as part of his massive tax reform in 1986.

Here's how it works, idiot. Tax deductions, exemptions, credits are paid for by raising tax rates. Raising tax rates means taking more money out of every taxpayer's pocket. That means deductions, exemptions, and credits are taking money from everyone's pockets exactly like welfare does.

In fact, tax expenditures add up to more than TWICE all welfare programs put together.

 

[g5000]

Tax expenditures = higher tax rates.

Higher tax rates = more money taken from all taxpayers.

Tax expenditures = more money taken from all taxpayers.

I can't dumb it down for you any more than that, tards.

 

[g5000]

I've been explaining the fundamentals of tax expenditures on this forum for years. And every single time, the innumerate pseudocons scream like welfare queens when confronted with the idea of ending this thievery.

Every single time.

Watch.

 

[bendog]

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.

Hey dumbshit. Cutting tax expenditures is a core conservative principle. This is why I call you tards pseudocons. You are so far off the reservation you don't recognize even the basics of conservatism.

Ronald Reagan got it. That's why he eliminated a number of tax expenditures as part of his massive tax reform in 1986.

Here's how it works, idiot. Tax deductions, exemptions, credits are paid for by raising tax rates. Raising tax rates means taking more money out of every taxpayer's pocket. That means deductions, exemptions, and credits are taking money from everyone's pockets exactly like welfare does.

In fact, tax expenditures add up to more than TWICE all welfare programs put together.

Conservatives eliminate expenditures, or tax loopholes, and lower rates. Pesdocons hike loopholes and lower rates. Unfortunately beginning with W, pseudocons have not only hiked loopholes and cut taxes, but they've become like dems in hiking spending too.