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#21
posted to rec.boats
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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 |
#22
posted to rec.boats
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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? |
#24
posted to rec.boats
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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
posted to rec.boats
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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
posted to rec.boats
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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
posted to rec.boats
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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
posted to rec.boats
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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
posted to rec.boats
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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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