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[email protected] gfretwell@aol.com is offline
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First recorded activity by BoatBanter: Jul 2007
Posts: 36,387
Default Got a chuckle ...

On Mon, 23 Oct 2017 16:39:23 -0400, Keyser Soze
wrote:

On 10/23/17 4:28 PM, wrote:
On Mon, 23 Oct 2017 13:14:41 -0400, Keyser Soze
wrote:

I doubt many corporations are paying at the 39% rate.

It depends on 39% of what?
That is what they pay on their profits but like most taxes, with the
right accountant, you can reduce your tax liabilities. If you had a
simpler tax code, you could reduce the rate and still get as much if
not more money.



Why, you must be reporting fake news, because Oracle Trump claims big
corporations doing business here are paying at that 39% rate, even
though it has been reported on the news over and again that big
corporations basically can run their books in ways that absolutely
minimize their taxes. Wait...is Trump bull****ting us all *again*?


That reading comprehension thing got you again.
I said a simpler tax code (fewer loopholes) would raise more money at
a lower rate. Your brain fart totally ignored the statement.
We know that NOBODY pays the marginal rate on their gross income,
certainly not you or I.
An overly complex tax code allows everyone to shelter a lot of their
income and in the case of a multinational corporation they can simply
take their profit in a lower tax country. Why is that surprising to
you?



My comment was about Trump's continuing bull**** about the corporate tax
rate being something that is really in effect. Try reading for
comprehension. I wasn't responding to your call for a simpler tax code,
but it is an unknown that such in this country would raise more money at
a lower rate. That sort of depends upon whose ax is gored.


So you just did what you are always doing these days, injecting your
hate for the duly elected president into every thread you respond to
whether it is pertinent or not.
You have about 40 more months to do that so I might just have to start
ignoring your posts like I do with slammer and no man.