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Started By
Message
1
Posted on 12/1/16 at 3:40 pm to The_Duke
quote:
and I agree with everything you said. Obama has a lot of faults as well. He's very pro big business.
Who do you think made him president?
Posted on 12/1/16 at 3:43 pm to joshnorris14
So what happens when companies start thinking that 20-15% is too much as well? Do we just keep giving them what they want? Even tho they are profitable and successful companies?
See the real issues is that these companies are not growing organically and are looking for any way to cook the books and increase stock prices. They've already used the "do more with less" card and gutted employees and benefits packages. Now they see this huge 'tax burden' as another means to increase profits. Cool---but that's still a temp solution and does nothing to propel anyone.
Investing tax dollars in education so that the next entrepreneur is ready to create the next world changing product is what enhances America.
See the real issues is that these companies are not growing organically and are looking for any way to cook the books and increase stock prices. They've already used the "do more with less" card and gutted employees and benefits packages. Now they see this huge 'tax burden' as another means to increase profits. Cool---but that's still a temp solution and does nothing to propel anyone.
Investing tax dollars in education so that the next entrepreneur is ready to create the next world changing product is what enhances America.
This post was edited on 12/1/16 at 3:44 pm
Posted on 12/1/16 at 3:48 pm to Korkstand
quote:
So, what you're saying is, Trump should have let those jobs go to Mexico to allow Carrier to earn more money, so that the money could then be invested in new projects that create new jobs.
What makes you think they would invest the money here if they get a better deal by expanding in Mexico? Ever heard of the repatriation tax? It's a bitch
Posted on 12/1/16 at 3:48 pm to MrCarton
Big business, democrats, and minorities (for a multitude of reasons). However, I do believe he was the better candidate. add to that--the guy can mouth piece the shite out of anything.
Posted on 12/1/16 at 3:49 pm to The_Duke
I'm okay with a 0% tax rate
Posted on 12/1/16 at 3:54 pm to joshnorris14
quote:
I'm okay with a 0% tax rate
So no schools, roads, police, fire dept, epa, fda, military, NFl *wink-wink*, etc?
Umm doesn't sound like a wonderful place to live in.
I really can't comprehend this notion that ALL taxes are bad.
Posted on 12/1/16 at 3:55 pm to joshnorris14
quote:The 35% tax rate is only applied to profits, so saying that taxes "hamper profitability" isn't quite right. They will not make a profitable company unprofitable.
I would say a 35% corporate tax hampers profitability a bit
Now, what DOES hamper profitability, and what CAN make a profitable company unprofitable, is being coerced into paying about 10X more in wages for 1000 jobs than they otherwise could be paying.
Posted on 12/1/16 at 3:57 pm to CelticDog
You're getting warm.
Crony capitalism is the nicer dressed, slightly more educated cousin of socialism.
Both of them suck.
Crony capitalism is the nicer dressed, slightly more educated cousin of socialism.
Both of them suck.
Posted on 12/1/16 at 3:57 pm to CelticDog
quote:
Carrier gets tax breaks. keeps half the jobs in Indiana. sends half the jobs to Mexico. Indiana loses tax income. is this a corporate welfare plan?
1)Corporate Taxes are among the dumbest ideas ever invented.
2)It would only be welfare if you consider property to be the government's property before it's the citizen's property.
I personally am not a fan of selective tax breaks, but, no, they aren't "welfare". Words mean things.
Posted on 12/1/16 at 4:00 pm to Vols&Shaft83
quote:That was my point. I was being sarcastic.
What makes you think they would invest the money here if they get a better deal by expanding in Mexico?
quote:They are going to sell products wherever there is a market. Relocating where the products are produced shouldn't change anything in this regard, as far as I know.
Ever heard of the repatriation tax? It's a bitch
Posted on 12/1/16 at 4:01 pm to MrCarton
quote:
any time businesses are taxed and regulated less that is a good thing
That's just wrong.
I know it's fun to be trite, but it very rarely ever accurate.
Posted on 12/1/16 at 4:02 pm to Korkstand
quote:
The 35% tax rate is only applied to profits, so saying that taxes "hamper profitability" isn't quite right. They will not make a profitable company unprofitable.
So you don't see a correlation between retained earnings and future profitability? What business school did you attend?
Posted on 12/1/16 at 4:03 pm to The_Duke
quote:
So what happens when companies start thinking that 20-15% is too much as well? Do we just keep giving them what they want?
The corporate tax rate should be zero.
There is literally zero logical sense why it is anything other than zero. It is only more than zero for purely emotional reasons.
Posted on 12/1/16 at 4:04 pm to CelticDog
It's not a plan, it's an example of what a president can do to save good jobs for hard working Americans.
It's better than telling these workers there is nothing that can be done, or drinking a beer with a cop and a liberal professor, and certainly better than playing 18 holes with your buds.
It's better than telling these workers there is nothing that can be done, or drinking a beer with a cop and a liberal professor, and certainly better than playing 18 holes with your buds.
Posted on 12/1/16 at 4:04 pm to The_Duke
quote:
So no schools, roads, police, fire dept, epa, fda, military, NFl *wink-wink*, etc?
I'm okay with these things sans tax-funding
Posted on 12/1/16 at 4:04 pm to The_Duke
quote:
So no schools, roads, police, fire dept, epa, fda, military, NFl *wink-wink*, etc? Umm doesn't sound like a wonderful place to live in. I really can't comprehend this notion that ALL taxes are bad.
I think he was referring to 0% corporate rate. Perhaps I'm wrong. But, if so, then your response is irrelevant to that point.
Posted on 12/1/16 at 4:05 pm to The_Duke
quote:15% is too much. The ideal number should be zero.
So what happens when companies start thinking that 20-15% is too much as well? Do we just keep giving them what they want? Even tho they are profitable and successful companies?
Taxing production is among the DUMBEST ideas ever concocted. Corporate taxes create incentives to NOT produce, as a goodly portion of the profits you might make from an endeavor involving serious risk will not be enjoyed by the risk taker, but the government...who has taken ZERO risk.
If you want a shortage of something, tax and regulate it. It works every single time.
Posted on 12/1/16 at 4:05 pm to WildTchoupitoulas
quote:
That's just wrong.
I know it's fun to be trite, but it very rarely ever accurate.
That's like, your opinion man. We will never agree on this, so I suspect that we shouldn't even discuss it.
Posted on 12/1/16 at 4:05 pm to CelticDog
quote:
Carrier gets tax breaks.
keeps half the jobs in Indiana. sends half the jobs to Mexico.
Indiana loses tax income.
Which is alot better than the alternative, which was losing all the jobs and even more income.
quote:
is this a corporate welfare plan?
No this is a big FU to the anti-MAGA liberal dipshits.
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