Lawyers/Biggie Business/Senate Republicans all in lock step. Katie bar the door. Will not pay taxes as $’s flow outside the country and will pay little to none when the same $’s are repatriated. How bout the same breaks for the peons or is that to much to ask and guessing “YES”
al, had enough of the Progressive Left governance yet? The reason we have $3-4 Trillion parked offshore is the exhorbitant corporate tax rate, the highest of all developed nations. Trump said he will repatriate the money at fair rates so it can be invested in America to create jobs. No need to move any operations overseas for better treatment. Sounds like a good idea to me.
You are “deplorably” uninformed. While big corporations cry & whine about the terrible corporate tax rate, Hardly any corporation pays that rate,— not even close to it. Many pay none. General Electric is a good example. Though they did pay about as much as Donald Trump. They create diversions like you, though you do it out of ignorance, & like so many corporations are the biggest welfare hounds on the planet.
Are you a Bernie troll? How about we just assign a corporate tax rate of 90% like he wanted to do to promote more give a ways. Big corporations, medium corporations, small corporations create jobs in this country.
Wouldn’t a Bernie troll, you know, actually say something about Bernie in his post, or at the very least, say something negative about republicans and/or democrats?
October 17, 2016 at 1:19 pm
Captain Planet says:
Like or Dislike:
2
1
No, demand creates jobs and so consumers are the job creators. Corporations have to fill the demand and so then they have to hire people to do the real work. And, thanks to Reagan, many corporations have moved to other countries to hire cheaper labor. That labor force in turn becomes a consumer, who buys things, and in turn creates more jobs.
October 18, 2016 at 9:00 am
Captain Planet says:
Like or Dislike:
2
2
Bernie troll? No, do you support The Rapist (alleged)/Pence ticket? How do you feel about people who brag about assaulting women? Or, making fun of disabled people? Or, snubbing our military brothers and sisters? Or, wanting to date a daughter? Or, doesn’t pay taxes? I think I know what you feel about hating Muslims, gays, and illegal Mexicans (I notice, you don’t talk much about the illegal Russian problem we have). Is our election process rigged, Agent? Finally, why did you change your name? Is it true you were kicked off Insurance Journal and that’s why you have had to come back as Deplorables?
October 19, 2016 at 11:56 am
UW says:
Like or Dislike:
1
0
That’s a marginal tax rate, Agent. Please learn the absolute basics before ranting here or people will continue to think you are stupid instead of just uninformed. We’ve had tax rates that high before and the country thrived.
October 18, 2016 at 11:00 am
Wally says:
Like or Dislike:
3
0
I am not sure why these approaches are mutually exclusive. It is true that the nominal business tax rate is very high, but it is also true that almost every business has some sore of special deal that lowers what they actually pay. Why not lower the rate and get rid of the special deals? I know that having everyone treated the same by our government seems radical, but by-gum it just might be a good thing.
There may be one tax code, but different industries have lobbied for favorable tax treatment not applicable to other industries. The oil industry gets its oil depletion allowance. Solar gets a version of accelerated depreciation. Ethanol gets favorable tax treatment (I think it is called something like ‘alcohol fuel credit.’ If we got rid of these special deals and taxed all industries at a somewhat more modest rate we might get them to actually keep some of their money in the country.
Lawyers/Biggie Business/Senate Republicans all in lock step. Katie bar the door. Will not pay taxes as $’s flow outside the country and will pay little to none when the same $’s are repatriated. How bout the same breaks for the peons or is that to much to ask and guessing “YES”
al, had enough of the Progressive Left governance yet? The reason we have $3-4 Trillion parked offshore is the exhorbitant corporate tax rate, the highest of all developed nations. Trump said he will repatriate the money at fair rates so it can be invested in America to create jobs. No need to move any operations overseas for better treatment. Sounds like a good idea to me.
You are “deplorably” uninformed. While big corporations cry & whine about the terrible corporate tax rate, Hardly any corporation pays that rate,— not even close to it. Many pay none. General Electric is a good example. Though they did pay about as much as Donald Trump. They create diversions like you, though you do it out of ignorance, & like so many corporations are the biggest welfare hounds on the planet.
George,
Fence Post is too busy keeping punk kids out of his yard. He doesn’t have time for your facts.
Are you a Bernie troll? How about we just assign a corporate tax rate of 90% like he wanted to do to promote more give a ways. Big corporations, medium corporations, small corporations create jobs in this country.
Wouldn’t a Bernie troll, you know, actually say something about Bernie in his post, or at the very least, say something negative about republicans and/or democrats?
No, demand creates jobs and so consumers are the job creators. Corporations have to fill the demand and so then they have to hire people to do the real work. And, thanks to Reagan, many corporations have moved to other countries to hire cheaper labor. That labor force in turn becomes a consumer, who buys things, and in turn creates more jobs.
Bernie troll? No, do you support The Rapist (alleged)/Pence ticket? How do you feel about people who brag about assaulting women? Or, making fun of disabled people? Or, snubbing our military brothers and sisters? Or, wanting to date a daughter? Or, doesn’t pay taxes? I think I know what you feel about hating Muslims, gays, and illegal Mexicans (I notice, you don’t talk much about the illegal Russian problem we have). Is our election process rigged, Agent? Finally, why did you change your name? Is it true you were kicked off Insurance Journal and that’s why you have had to come back as Deplorables?
That’s a marginal tax rate, Agent. Please learn the absolute basics before ranting here or people will continue to think you are stupid instead of just uninformed. We’ve had tax rates that high before and the country thrived.
I am not sure why these approaches are mutually exclusive. It is true that the nominal business tax rate is very high, but it is also true that almost every business has some sore of special deal that lowers what they actually pay. Why not lower the rate and get rid of the special deals? I know that having everyone treated the same by our government seems radical, but by-gum it just might be a good thing.
Everybody has the same rules under the tax code.
There may be one tax code, but different industries have lobbied for favorable tax treatment not applicable to other industries. The oil industry gets its oil depletion allowance. Solar gets a version of accelerated depreciation. Ethanol gets favorable tax treatment (I think it is called something like ‘alcohol fuel credit.’ If we got rid of these special deals and taxed all industries at a somewhat more modest rate we might get them to actually keep some of their money in the country.