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Started By
Message
re: Corporate income tax is borne primarily by labor and workers, research shows.
Posted on 11/9/17 at 8:41 pm to HailHailtoMichigan!
Posted on 11/9/17 at 8:41 pm to HailHailtoMichigan!
WUT?!? I have to raise the bullshite flag on this! I own two corporations and none of my employees pay any part of my corprate taxes! I sign the Tax Returns and Checks each year so this article is total crap. I Have been in business for 25 years and we preform work for all of the coastal regions of the United States.
And, we are in need of tax relief. If we get a tax break we can invest in new equipment, add to our manufacturing space, add new employees, and give long over due raises to our employees.
And, we are in need of tax relief. If we get a tax break we can invest in new equipment, add to our manufacturing space, add new employees, and give long over due raises to our employees.
1
Posted on 11/9/17 at 8:48 pm to MarkAR
quote:
If we get a tax break we can invest in new equipment, add to our manufacturing space, add new employees, and give long over due raises to our employees
That's the OP's point.
Posted on 11/9/17 at 9:02 pm to doubleb
One significant option is that lower operating costs thru lower corporate taxes could lower product prices which mean both lower cost of goods to consumers and better competitiveness with overseas producers which should mean more products produced and a better trade situation implying more exports and reduced imports.
Posted on 11/11/17 at 5:31 pm to HailHailtoMichigan!
quote:
Perhaps the argument is that by cutting corp tax rates, more money available for investment is put into economy, which means more productive machines or more firm creation which raises demand for labor
That is indeed an argument that could be made if supporting data were given.
But that is not what the author of this article did. He apportioned taxes that have already been paid by corps between labor and capital, and then claimed that that same percentage would hold true in the case where taxes are eliminated, which are two very different circumstances.
Posted on 11/11/17 at 6:47 pm to HailHailtoMichigan!
That isnt what it means at all. Corporations do not pass their savings onto rank and file workers. The right's favorite myth since the 80s.
Posted on 11/11/17 at 6:50 pm to Tigerdev
quote:
That isnt what it means at all. Corporations do not pass their savings onto rank and file workers. The right's favorite myth since the 80s.
Another economic moron in the house
Posted on 11/11/17 at 6:51 pm to 90proofprofessional
quote:the productivity argument is stupid because it presumes it's the employees that became more productive which is patently false. Everytime I see the productivity argument put forth I know that I'm looking at somebody who doesn't understand what the hell they're talking about
90proofprofessional
This post was edited on 11/11/17 at 6:52 pm
Posted on 11/11/17 at 6:58 pm to ShortyRob
quote:So you claim to be a scion of business theory and yet you think wages are dictated by corporate taxes.
Another economic moron in the house
Posted on 11/11/17 at 6:59 pm to Tigerdev
quote:
you claim to be a scion of business theory and yet you think wages are dictated by corporate taxes.
Hmm. Don't think i said that bit i get it. You aren't a very complex thinker on economics.
I can't help you.
Learn something
Posted on 11/11/17 at 7:04 pm to HailHailtoMichigan!
Honest people know this.
One of the main reasons putting off the cut until 2019 is fricking retarded.
One of the main reasons putting off the cut until 2019 is fricking retarded.
Posted on 11/11/17 at 7:06 pm to ShortyRob
quote:Teach us oh mighty one. Show us these amazing economic theories.
Learn something
Posted on 11/11/17 at 7:25 pm to Tigerdev
quote:
Teach us oh mighty one. Show us these amazing economic theories
Economic theories. ROFLMAO
Posted on 11/11/17 at 7:54 pm to ShortyRob
Thought you would pass. Run along clown.
Posted on 11/11/17 at 9:34 pm to Tigerdev
quote:
That isnt what it means at all. Corporations do not pass their savings onto rank and file workers. The right's favorite myth since the 80s.
Strange reasoning to support higher taxes.
Posted on 11/11/17 at 9:48 pm to ShortyRob
quote:
the productivity argument is stupid because it presumes it's the employees that became more productive which is patently false. Everytime I see the productivity argument put forth I know that I'm looking at somebody who doesn't understand what the hell they're talking about
you want to lecture about economics, yet demonstrate unambiguously here that you don't know what is meant by 'productivity' in that context. the quote above proves it
as you say- learn something
Posted on 11/11/17 at 9:50 pm to HailHailtoMichigan!
It’s nice they keep all of their deductions but the middle class gets cut.
But I guess tour disablility is stable so no worries on your end
But I guess tour disablility is stable so no worries on your end
Posted on 11/11/17 at 9:52 pm to tiger4life69
quote:
It’s nice they keep all of their deductions but the middle class gets cut.
But I guess tour disablility is stable so no worries on your end
You should try investigating and thinking for yourself instead of believing the bullshite you are spoonfed.
Posted on 11/11/17 at 9:58 pm to BBONDS25
I didnt say i supported higher taxes. I have been consistent on this issue:
-tax cuts must be met with similar spending cuts.
-tax cuts strictly for the wealthy will not help the vast majority of the country.
-tax cuts must be met with similar spending cuts.
-tax cuts strictly for the wealthy will not help the vast majority of the country.
Posted on 11/11/17 at 10:02 pm to Tigerdev
quote:
tax cuts strictly for the wealthy will not help the vast majority of the country.
Is it your impression that only the wealthy own corporations?
Posted on 11/11/17 at 10:07 pm to BBONDS25
I forgot to address corporate.
3rd bullet: corporate tax savings and wage growth are fairly independent
3rd bullet: corporate tax savings and wage growth are fairly independent
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