U.S. Corporate Profits | TigerDroppings.com

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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
35777 posts

U.S. Corporate Profits



Well fellas, AFTER TAXES, U.S. corporate profit have reached the greatest percentage of GDP in history.

Wages for workers have hit the lowest, as a percentage of GDP, in U.S. history.

However, Romney was right!! Those poor corporations need some more tax cuts so they can horde more cash, pay more dividends to shareholders and pay lesss in wages!!

Romney is such a smart business man and the GOP such a responsible party, up is really down and left is really right in their bizzaro world I guess. Time to cuts some corporate taxes. See what type of record they can really set for after tax profits next year.

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StrangeBrew
LSU Fan
Salvation Army-Thanks Obama
Member since May 2009
13896 posts
 Online 

re: U.S. Corporate Profits


How are Federal Government profits looking these days?





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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
22079 posts

re: U.S. Corporate Profits


quote:


Well fellas, AFTER TAXES, U.S. corporate profit have reached the greatest percentage of GDP in history.

Wages for workers have hit the lowest, as a percentage of GDP, in U.S. history.


Because we've regulated business in a way that forces them to find either lower wage or eliminate positions. Why do libs not understand this? Yes we can switch to communism to fix govt problems. Or we can get out govt out of the way. America seems to be choosing the first option, but it's going to be slow and painful and not freedom.






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Zach
LSU Fan
Member since May 2005
65209 posts

re: U.S. Corporate Profits


Has it occurred to you that profits might be up because business has been moved overseas to avoid the highest corporate taxes in the world?





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jwall3
LSU Fan
Member since Jun 2008
2260 posts

re: U.S. Corporate Profits


You do realize corporations don't pay taxes. They are passed on to the customer. And the corporation is made up of people who share in that wealth. Liberals piss me off.





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cahoots
LSU Fan
Red Stick
Member since Jan 2009
2007 posts

re: U.S. Corporate Profits


highest marginal tax. we're average in effective tax rates.





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tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
4824 posts

re: U.S. Corporate Profits


The reason is the corporations are scared to spend any of their money, and are holding onto them.

Also, is a corporation a person. Is there a such thing as a rich corporation, poor corporation, or middle class corporation?

Why even tax corporations? why not tax the money as it comes out of the corporation to individuals? Aren't the majority of EVERYONE's retirement plans invested directly/indirectly in these corporations?







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Radiojones
USA Fan
The Twilight Zone
Member since Feb 2007
7127 posts

re: U.S. Corporate Profits


Econ 101 and none of them get it.





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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
35777 posts

re: U.S. Corporate Profits


quote:

You do realize corporations don't pay taxes.








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cahoots
LSU Fan
Red Stick
Member since Jan 2009
2007 posts

re: U.S. Corporate Profits


why tax corporations? because all consumers will be "taxed" rather than just the top half earners. that's good, no? eliminate corporate taxes and the upper income earners will have to pick up the slack in income taxes, cap gains, etc.





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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
35777 posts

re: U.S. Corporate Profits


I think corps need a 100% tax cut personally.

My goal is to bankrupt the federal government as quickly as possible so that we have rampant hyperinflation and a lower standard of living.

I believe the fastest way to do this is to end corporate taxes and reduce individual taxes by 50%.






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Patrick O Rly
New Orleans Saints Fan
y u do dis?
Member since Aug 2011
38223 posts

re: U.S. Corporate Profits


Laugh at your own stupidity. The cost ALWAYS gets passed to the consumer. I bet you think your work pays half of your SS too.





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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
16517 posts
 Online 

re: U.S. Corporate Profits


Let's get some wage control up in this bitch. That will solve the problem!





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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
35777 posts

re: U.S. Corporate Profits


I'm on your side lil fella. I have decided I want massive tax cuts and for the U.S. to go bankrupt ASAP.

I think it will be sorta neato.






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NC_Tigah
LSU Fan
Member since Sep 2003
53628 posts

re: U.S. Corporate Profits


quote:

Those poor corporations need some more tax cuts so they can horde more cash, pay more dividends to shareholders and pay lesss in wages!!
Great post!
Brilliant!

US Corporate Tax is the highest in the world, but let's raise it further.

By all means lets run more domestic business to offshore taxshelters so we can import their cheaper goods produced in a low overhead environment by foreign workers.

Tiger n Miami AU83, your understanding of the economy is impeccable.






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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
35777 posts

re: U.S. Corporate Profits


quote:

Tiger n Miami AU83, your understanding of the economy is impeccable.


Agreed.






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jcole4lsu
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
27159 posts

re: U.S. Corporate Profits


quote:

I'm on your side lil fella. I have decided I want massive tax cuts and for the U.S. to go bankrupt ASAP.


cant figure out who is dumber, you or rocket. its a tough one.







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barry
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
38611 posts
 Online 

re: U.S. Corporate Profits


quote:

Laugh at your own stupidity. The cost ALWAYS gets passed to the consumer. I bet you think your work pays half of your SS too.


This maybe the stupidest thing i have ever heard. If thats the case then no one pays taxes. Before I take a job, I factor in my taxes into the potential salary. Yea they factor the fact that they have to pay taxes into pricing that doesn't mean they don't pay taxes. I guess they don't pay interest on any of their debt either. I mean its just factored into the prices.



This post was edited on 12/3 at 12:24 pm


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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
35777 posts

re: U.S. Corporate Profits


quote:

cant figure out who is dumber, you or rocket. its a tough one.


Is rocket like the most brilliant motherfricker here? Because if not, he is certainly "dumber" than myself.






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: U.S. Corporate Profits


quote:

Also, is a corporation a person.


Haha, you do realize a corporation is a legal person. That's right, a corporation is one person.

I'm sure you have no idea why this is significant.






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