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bob bob is offline
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Default Corporate income tax, a silly idea

On Fri, 08 Apr 2011 17:38:15 -0600, Canuck57
wrote:

On 08/04/2011 5:04 PM, bob wrote:
On Fri, 8 Apr 2011 18:59:02 -0400, I_am_Tosk
wrote:


cant help you dude. the GOP wants to **** the middle class. just look
at paul ryan's solution

kill medicare

pass the savings on to the rich in the form of a tax cut


He has no freaking choice, DC is BANKRUPT and can't live on a credit
card forever. Want to wait until SS is next? Or get the spending in
order so the country has a future?


so giving MORE money to the RICH is not optional?

that how the right wing thinks? we have to give MORE and MORE and MORE
to the rich and that will save america??

HAHAHAHAHA


Paul is a true American, he is not deluding himself with his own greed
and need for DEBT on his grandchildren for an easy out today.


uh huh. he's shilling for the rich. his formula is to bankrupt america
and protect the rich

starve the middle class. starve the elderly. but bankroll the rich


You lefties are the truly selfish *******s. You would screw your own
country and kids into debt for your greed today.


he says the middle class, which WORKS for a living, DESERVES to get
screwed 'cuz we're all lazy. our ONLY obligation is to feed the
wealthy

he says it's greedy NOT to bankroll the rich. it's GREEDY for middle
class workers to want healthcare

after all, that money could go to the rich

he said it. un be ****ing lievable...


I seriously believe we have a disease called debtor disease. Not much
difference between debtors withdrawal and heroin withdrawal really.
Many debtors would sell their babies for a clean credit card. Makes
people behave like rats.

All for the greed of DEBT.


you're a socialist for the rich

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bob bob is offline
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Posts: 289
Default Corporate income tax, a silly idea

On Fri, 08 Apr 2011 17:31:01 -0600, Canuck57
wrote:

On 08/04/2011 4:35 PM, bob wrote:
On Fri, 08 Apr 2011 16:13:11 -0600,
wrote:

well you're not american so dont know much about our country.

stay on your side of the border. you dont know anything about YOUR
country let alone mine


Funny, my best friend when I worked down there said he didn't know I was
Canadian until I moved over to his department, 2 years after we met.


whY? is he as stupid as you are?

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Default Corporate income tax, a silly idea

On 08/04/2011 5:26 PM, bob wrote:
On Fri, 8 Apr 2011 19:11:14 -0400, I_am_Tosk
wrote:

In ,
says...


cant help you dude. the GOP wants to **** the middle class. just look
at paul ryan's solution

kill medicare

pass the savings on to the rich in the form of a tax cut


Just because you say it, doesn't make it true.. I mean, of everybody
here you think the least before posting. In fact, we all know exactly
what you, plum, and harry are gonna' say, without even reading your
posts.. You only have one anyway...


oh. you ddint read his bill so havent a ****ing clue. OK let me tell
you what it says:

1. medicare would be funded by VOUCHERS given to seniors

2. these would increase at 1% over inflation

uh....when's the last time healthcare costs increased at that LOW
rate??

oh. they never have. so right away the right wants to CUT medicare and
make people pay MORE BUT....

he would cut ALL tax rates to 25% which is what most middle class
folks pay now

except the rich. they pay 35% top rate

so the RICH get a 30% tax cut the elderly get a CUT in medicare

and 'i am tosk' says this is GREAT because he's too STUPID to know
what's in the bill!!



Hey, what are you going to do when $1000 will not buy you a burger
because the currency collapsed from DEBT? Your welfare check will be
sort of meaningless as it will cost more in gas to cash it than to
forget it.

Government can't keep just printing money like Monopoly. Sooner or
later the greenback will be used AS toilet paper because it be cheaper.
  #25   Report Post  
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Default Corporate income tax, a silly idea

On 08/04/2011 5:54 PM, bob wrote:
On Fri, 08 Apr 2011 17:38:15 -0600,
wrote:

On 08/04/2011 5:04 PM, bob wrote:
On Fri, 8 Apr 2011 18:59:02 -0400, I_am_Tosk
wrote:


cant help you dude. the GOP wants to **** the middle class. just look
at paul ryan's solution

kill medicare

pass the savings on to the rich in the form of a tax cut


He has no freaking choice, DC is BANKRUPT and can't live on a credit
card forever. Want to wait until SS is next? Or get the spending in
order so the country has a future?


so giving MORE money to the RICH is not optional?

that how the right wing thinks? we have to give MORE and MORE and MORE
to the rich and that will save america??

HAHAHAHAHA


Paul is a true American, he is not deluding himself with his own greed
and need for DEBT on his grandchildren for an easy out today.


uh huh. he's shilling for the rich. his formula is to bankrupt america
and protect the rich

starve the middle class. starve the elderly. but bankroll the rich


You lefties are the truly selfish *******s. You would screw your own
country and kids into debt for your greed today.


he says the middle class, which WORKS for a living, DESERVES to get
screwed 'cuz we're all lazy. our ONLY obligation is to feed the
wealthy

he says it's greedy NOT to bankroll the rich. it's GREEDY for middle
class workers to want healthcare

after all, that money could go to the rich

he said it. un be ****ing lievable...


I seriously believe we have a disease called debtor disease. Not much
difference between debtors withdrawal and heroin withdrawal really.
Many debtors would sell their babies for a clean credit card. Makes
people behave like rats.

All for the greed of DEBT.


you're a socialist for the rich


I hope they bring Repoman back, it was hilaryious.


  #26   Report Post  
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Default Corporate income tax, a silly idea

On 08/04/2011 5:55 PM, bob wrote:
On Fri, 08 Apr 2011 17:31:01 -0600,
wrote:

On 08/04/2011 4:35 PM, bob wrote:
On Fri, 08 Apr 2011 16:13:11 -0600,
wrote:

well you're not american so dont know much about our country.

stay on your side of the border. you dont know anything about YOUR
country let alone mine


Funny, my best friend when I worked down there said he didn't know I was
Canadian until I moved over to his department, 2 years after we met.


whY? is he as stupid as you are?


Nope, not as smart. Didn't save and invest, still working for a wage.
Great guy though. Liked working for him before I hit some big
investment returns.
  #27   Report Post  
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Default Corporate income tax, a silly idea

On 4/8/2011 12:06 PM, Frogwatch wrote:
A corp makes a gadget and needs 10% profit. They get taxed at 20% on
that 10% profit (or .2*.1=.02) so they simply increase their price by .
02. Guess who pays that .02? The consumer does. Corporate income
tax is simply a way to make personal income tax higher without making
it so obvious. The only people it benefits are accountants.

This is silly circle reasoning.
You can reason a rat has more rights than you if you want to be
illogical.a corporation is a person: so they say and the courts agree.
Most Corporations pay little real tax. Not one pays the cited rates.
Most pay no tax to the US.
They make their mony in America on Americans but pay no taxes to support
the Republic.
They spend tremendous amounts of money to buy Washington. Maybe you
count that as their contribution.
  #28   Report Post  
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Default Corporate income tax, a silly idea

On 08/04/2011 9:00 PM, Lil Abner wrote:
On 4/8/2011 12:06 PM, Frogwatch wrote:
A corp makes a gadget and needs 10% profit. They get taxed at 20% on
that 10% profit (or .2*.1=.02) so they simply increase their price by .
02. Guess who pays that .02? The consumer does. Corporate income
tax is simply a way to make personal income tax higher without making
it so obvious. The only people it benefits are accountants.

This is silly circle reasoning.
You can reason a rat has more rights than you if you want to be
illogical.a corporation is a person: so they say and the courts agree.
Most Corporations pay little real tax. Not one pays the cited rates.
Most pay no tax to the US.
They make their mony in America on Americans but pay no taxes to support
the Republic.
They spend tremendous amounts of money to buy Washington. Maybe you
count that as their contribution.


Actually not. His theory is right. If a company can't raise the
prices, it has to pay less in wages if taxes are higher. Or investment
ceases.

Take dividends, taxed twice. Say 30% at the company and 30% at the
receiver. $1.00 profit gets taxed, 70 cents, then taxed again at the
investor for 49 cents after tax. Raise taxes 1%, that is 4% off the net
return. So investors want 8% more to cover the after tax loss. Why
invest if you think your returns will get screwed by taxes?

Hint, you don't and jobs dry up and people will accept much less. Sound
familiar? 1% in tax for a 8% hit.

It is why so many companies are dog crap investments. You make less
than 50 cents on the dollar profit as an investor, why not just buy
gold. No union issues, no greedy government risks, get taxed once on
the favorable capital gains rate for gold that can't go wrong. Yep,
most companies on the market are not worth their value.

And why no one invests in new companies (and jobs) unless they properly
reflect risk and rate of returns are well above real inflation plus taxes.

Yep, government has been living on borrowed time since 2008 and the
longer they screw around the worse it will get.
  #29   Report Post  
posted to rec.boats
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First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default Corporate income tax, a silly idea

On Fri, 08 Apr 2011 21:20:31 -0600, Canuck57
wrote:

On 08/04/2011 9:00 PM, Lil Abner wrote:
On 4/8/2011 12:06 PM, Frogwatch wrote:
A corp makes a gadget and needs 10% profit. They get taxed at 20% on
that 10% profit (or .2*.1=.02) so they simply increase their price by .
02. Guess who pays that .02? The consumer does. Corporate income
tax is simply a way to make personal income tax higher without making
it so obvious. The only people it benefits are accountants.

This is silly circle reasoning.
You can reason a rat has more rights than you if you want to be
illogical.a corporation is a person: so they say and the courts agree.
Most Corporations pay little real tax. Not one pays the cited rates.
Most pay no tax to the US.
They make their mony in America on Americans but pay no taxes to support
the Republic.
They spend tremendous amounts of money to buy Washington. Maybe you
count that as their contribution.


Actually not. His theory is right. If a company can't raise the
prices, it has to pay less in wages if taxes are higher. Or investment
ceases.

Take dividends, taxed twice. Say 30% at the company and 30% at the
receiver. $1.00 profit gets taxed, 70 cents, then taxed again at the
investor for 49 cents after tax. Raise taxes 1%, that is 4% off the net
return. So investors want 8% more to cover the after tax loss. Why
invest if you think your returns will get screwed by taxes?

Hint, you don't and jobs dry up and people will accept much less. Sound
familiar? 1% in tax for a 8% hit.

It is why so many companies are dog crap investments. You make less
than 50 cents on the dollar profit as an investor, why not just buy
gold. No union issues, no greedy government risks, get taxed once on
the favorable capital gains rate for gold that can't go wrong. Yep,
most companies on the market are not worth their value.

And why no one invests in new companies (and jobs) unless they properly
reflect risk and rate of returns are well above real inflation plus taxes.

Yep, government has been living on borrowed time since 2008 and the
longer they screw around the worse it will get.


No, he and you are nearly equal on the idiot scale.
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