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Posted on 9/26/21 at 10:58 am to Quintus
quote:
So YOU would rather be taxed more, than pay higher prices for goods you buy?
I would rather more than 49% of Americans actually pay anything at all before anyone gets taxed more, businesses included. I guess that’s semantics at this point but I work in industrial manufacturing and tax hikes are passed through to end users, period. When cost of raw materials and parts goes up, prices go up to keep margins steady. We have yearly price increases to compensate, but our margins are steady year to year
Service industries are a different animal obviously.
Posted on 9/26/21 at 11:24 am to ShoeBang
quote:
would rather more than 49% of Americans actually pay anything at all before anyone gets taxed more, businesses included.
+1. I agree. I think this statistic is indicative of current government issues.
Tax revenue needs to come from a larger cross section of the population.
Posted on 9/26/21 at 11:44 am to Quintus
quote:
This is a fair point. But are you suggesting that we should tax people who work for corporations instead of corporations themselves because corporations will just price fix and therefore there will be no tax revenue? That is not a solution.
No tax corporations equally, stop the billions of tax breaks for who lobbies the most. Its always the same, they give 5 or 10 million in kickbacks for every 50 million they save in taxes.
Id also get rid of income tax and have a VAT tax. They would collect money from everyone at the rate they spend, including the multi trillion dollar PJ (private job) market, and everyone getting govt funding of any sort.
This post was edited on 9/26/21 at 11:47 am
Posted on 9/26/21 at 1:08 pm to trinidadtiger
quote:So... taxation with no representation? And how exactly would you ban corporations from communicating with Congressional members? How would that be implemented?
No tax corporations equally, stop the billions of tax breaks for who lobbies the most.
This post was edited on 9/26/21 at 1:10 pm
Posted on 9/26/21 at 1:12 pm to Strannix
quote:
they may remit extra taxes but they dont "pay" for them
So you see they pay for them. But they don't pay for them.
This is freshmen economics level revelations you're having, Strannix. Keep learning, you'll have many more revelations as you continue to educate yourself.
Posted on 9/26/21 at 1:16 pm to ShoeBang
quote:
I would rather more than 49% of Americans actually pay anything at all before anyone gets taxed more
Why would you want poor people to pay taxes? Is that good for the society? Or good for your own fee fees?
Posted on 9/26/21 at 1:23 pm to Strannix
Higher taxes, but only nice tweets....... or lower taxes with extremely mean tweets? The country made a tough decision we’ll just have to live with.
Posted on 9/26/21 at 3:17 pm to Taxing Authority
quote:
And how exactly would you ban corporations from communicating with Congressional members? How would that be implemented?
Reverse Citizens United.
This post was edited on 9/26/21 at 3:23 pm
Posted on 9/26/21 at 3:22 pm to Eurocat
quote:This rebuttal is just spectacularly stupid.
I root for the New York Islanders hockey team.
Last year they almost made the Stanley Cup finals and this year they are moving in to a new stadium. Ticket prices are double what they were last year and I don't consider that an increase in my taxes.
Posted on 9/26/21 at 3:53 pm to LSUconvert
quote:
Why would you want poor people to pay taxes?
If I’m on a rowing team and there’s ten of us in the boat, I feel like everyone should be rowing, even if the paddles and biceps available aren’t the same size
Posted on 9/26/21 at 3:57 pm to ShoeBang
quote:
I feel like everyone should be rowing
and your feelings are important, I think what is also important is to realize that in this analogy you're expecting people without any training or ability to row, to row. Their contributions are not helpful. In fact in most cases it can actively hamper the boat's ability to move in a straight line.
Posted on 9/26/21 at 4:50 pm to concrete_tiger
quote:
If they raise the price on napkins, he just eats it? Labor? Overhead in general? Lol.
To the utopian guy that has never run a business, hired a person or had to make a payroll, yes, that is how you do it.
They simply have no concept of being a provider and an employer and what it means for the government to confiscate from your labor.
Posted on 9/26/21 at 4:59 pm to CDawson
quote:
To the utopian guy that has never run a business, hired a person or had to make a payroll, yes, that is how you do it.
Are you under the impression that consumers will buy napkins at any price? Allowing endless amounts of taxes to be shifted onto consumers?
Do you have any idea about price elasticity is and what it means for this conversation you're having? It seems like you have a very basic and simple idea of how things like this work.
Posted on 9/26/21 at 5:42 pm to ezride25
quote:
Inflation is a tax. You think it’s a coincidence that it’s all of a sudden out of control?
Yep.... Someone gets it.
Posted on 9/26/21 at 5:56 pm to Yeahright
quote:
Inflation is a tax. You think it’s a coincidence that it’s all of a sudden out of control?
This is absurd.
Just because inflation impact to business is very similar to a tax, does not mean it is one. The government can’t instantly turn it on and off. The government gets no revenue from it. It is usually global. There are ways to combat it, but I don’t think that is the discussion you want to have. You are just looking for political self justification without any thought.
Posted on 9/26/21 at 6:33 pm to LSUconvert
quote:
Do you have any idea about price elasticity is and what it means for this conversation you're having? It seems like you have a very basic and simple idea of how things like this work.
I employ over 300 people and manufacture and install multiple products so my basic understanding was developed from a few hundred million dollars in delivered products in the past.
I also understand my single biggest obstacle to growth is government.
Posted on 9/26/21 at 6:39 pm to ezride25
Almost all 401k contributions are made pre-tax from your salary. Unless you also have an IRA, which contributions cane be made post-tax. You pay a heavy tax penalty for early withdrawal, it’s always been that way. You can’t avoid paying income taxes on your 401k, you can only delay it, by leaving it in place until you are retirement age.
Posted on 9/26/21 at 6:58 pm to Quintus
Ok, willing to make the same exclusion for unions ?
Posted on 9/26/21 at 7:04 pm to ArkBengal
Are you asking if unions lobbying efforts should be limited financially?
Yes. I think so.
Yes. I think so.
This post was edited on 9/26/21 at 8:31 pm
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