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Where are these "American People" that WANT corporations to not pay taxes?!?
- Thread starter ~Skellington~
- Start date
sutherngal_00
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
Who says I was laughing at him for the one post?
Who says I was laughing at him for the one post?
*madmaddie*
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
I don't think a VAT would be so awful here anymore either. It would certainly put a nice tax on anyone consuming or buying anything to pay their fair share including the millions of Mexicans we have running around and using our services that shouldn't be here in the first place.
I don't think a VAT would be so awful here anymore either. It would certainly put a nice tax on anyone consuming or buying anything to pay their fair share including the millions of Mexicans we have running around and using our services that shouldn't be here in the first place.
hottie_loveableqt
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
whats wrong with keeping the tax code like it is for the most part, and closing the loop holes, that was proposed in the article I linked earlier?
whats wrong with keeping the tax code like it is for the most part, and closing the loop holes, that was proposed in the article I linked earlier?
Where are these "American People" that WANT corporations to not pay taxes?!?
No.
Oh, so I can trade highly appreciated assets (like stocks or property) for other non-cash assets and not have to recognize income? Or are capital gains not defined as income and is basis irrelevant? What if I a receiving a return of capital from an investment and not a distribution of profit or compensation?
Congratulations, since the flow of assets is irrelevant to you, every business owner can lower their effective tax rate at will easily in your tax code by simply creating a series of arms-length business entities and investment LLCs.
Your entire idea can be shot down easily and is full of far larger loopholes than our current code.
I'd love to hear how our current code is a "flawed" system and how people are taking advantage of those flaws.
No.
Oh, so I can trade highly appreciated assets (like stocks or property) for other non-cash assets and not have to recognize income? Or are capital gains not defined as income and is basis irrelevant? What if I a receiving a return of capital from an investment and not a distribution of profit or compensation?
Congratulations, since the flow of assets is irrelevant to you, every business owner can lower their effective tax rate at will easily in your tax code by simply creating a series of arms-length business entities and investment LLCs.
Your entire idea can be shot down easily and is full of far larger loopholes than our current code.
I'd love to hear how our current code is a "flawed" system and how people are taking advantage of those flaws.
Daddys Little Princess
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
/thread
/thread
Alicia Arroyos
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
I think there were a few progressive buzzworRAB you missed in there.
I think there were a few progressive buzzworRAB you missed in there.
Sakimonkey
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
okay, so widening income gaps is a GOOD thing for society as a whole.
okay, so widening income gaps is a GOOD thing for society as a whole.
Brewer Girl
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
ifl
ifl
red_kool_aid06
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
Just about every single one of my wealthy eligible clients receives medicare.
Regardless, they're still the two largest entitlement programs in our budget by a huge margin.
Just about every single one of my wealthy eligible clients receives medicare.
Regardless, they're still the two largest entitlement programs in our budget by a huge margin.
Where are these "American People" that WANT corporations to not pay taxes?!?
It's more like derps agreeing to whatever they say just so their team can win. They might lose their student loan benefits and their grandma might struggle more...but at least the rich people you will never interact with and most importantly, my team, will win. Derpin like a derp.
It's more like derps agreeing to whatever they say just so their team can win. They might lose their student loan benefits and their grandma might struggle more...but at least the rich people you will never interact with and most importantly, my team, will win. Derpin like a derp.
cheetaking243
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
"lax third world laws" can also be part of inspired policy that results in things like the Japanese Miracle and the rise of the Asian Tigers
Look at the emirate nations and the latin/south american incentive-laden deals
Everyone is trying to attract business. Except us, who try to run it out of town... before realizing what was about to happen, so we give the companies 11ty loopholes (like with GE) to allow them to stay.
Tax the executives, not the corporations
"lax third world laws" can also be part of inspired policy that results in things like the Japanese Miracle and the rise of the Asian Tigers
Look at the emirate nations and the latin/south american incentive-laden deals
Everyone is trying to attract business. Except us, who try to run it out of town... before realizing what was about to happen, so we give the companies 11ty loopholes (like with GE) to allow them to stay.
Tax the executives, not the corporations
ill miss ariza
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
Every tea party person i've ever heard of is a batshit crazy, religious nutjob.
Every tea party person i've ever heard of is a batshit crazy, religious nutjob.
lizzytrojan
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
Like I said, his answer does very little to address simplification of the code (unless the simple arithmetic portion of the code is what you consider complicated).
Like I said, his answer does very little to address simplification of the code (unless the simple arithmetic portion of the code is what you consider complicated).
lealovebite™
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
You're an idiot because you don't comprehend the difference between absorbing losses and absorbing costs
But I'll concede one thing to you. IF some businesses were taxed differently than others, the ones who were getting shafted might actually have to absorb the costs.
My bad. I was assuming the tax code would apply to everyone
You're an idiot because you don't comprehend the difference between absorbing losses and absorbing costs
But I'll concede one thing to you. IF some businesses were taxed differently than others, the ones who were getting shafted might actually have to absorb the costs.
My bad. I was assuming the tax code would apply to everyone
radiokatblu
New member
Where are these "American People" that WANT corporations to not pay taxes?!?
oh well...
if anyone doesn't believe this country neeRAB some serious reform then enjoy having our credit downgraded and the dollar continue to plummet into the shitter.
Example, when I was in Brazil last year it was 1.9 BR to every $1. Now, it's about 1.55. In 1 fucking year.
oh well...
if anyone doesn't believe this country neeRAB some serious reform then enjoy having our credit downgraded and the dollar continue to plummet into the shitter.
Example, when I was in Brazil last year it was 1.9 BR to every $1. Now, it's about 1.55. In 1 fucking year.