Big companies 0% taxes?!

[EdwardBaiamonte]

dear, there are many taxes and each has its own rate. There is no rule book saying what the rates must be. Still over your head?

More bloviating? Why don't you post the sum of your total Federal tax paid for 2013 ÷ total income so you too can know your actual rate.

Mine was 4%.

What does total income mean to you. Are you talking total gross income or taxable income?

Have you figured out the difference between taxable income and revenue yet?

why bother he has no idea where he's going with this . He just can't admit it to himself yet!

 

[OnePercenter]

and your statement that you paid 4% does that?? Stupid???

So post yours.

 

[Rozman]

The U.S. Has the Highest Corporate Income Tax Rate in the OECD | Tax Foundation

How about this?

 

[OnePercenter]

What does total income mean to you. Are you talking total gross income or taxable income?

Have you figured out the difference between taxable income and corporate revenue yet?

More bloviating! Total income is all the money you made last year.

The question is simple: Why is the effective tax rate for corporations calculated differently than for individuals?

 

[EdwardBaiamonte]

and your statement that you paid 4% does that?? Stupid???

So post yours.

dear do you have any idea why you want me to post it??

 

[OnePercenter]

The U.S. Has the Highest Corporate Income Tax Rate in the OECD | Tax Foundation

How about this?

But were number 16 of industrialized nations in actual tax paid.

 

[Rozman]

Hit business with crippling regulations and taxes....
Yeah...That makes sense.
To Lizzie Warren and her ilk maybe.

 

[OnePercenter]

dear do you have any idea why you want me to post it??

Because you'd be working with truth rather than misguided belief.

 

[EdwardBaiamonte]

The U.S. Has the Highest Corporate Income Tax Rate in the OECD | Tax Foundation

How about this?

But were number 16 of industrialized nations in actual tax paid.

yep, all ya gotta do is move out of the country and you can escape most of the corporate taxes!! Its 100% liberal and so 100% idiotic.

 

[EdwardBaiamonte]

dear do you have any idea why you want me to post it??

Because you'd be working with truth rather than misguided belief.

and can the liberal fool say what the truth is?

 

[OnePercenter]

yep, all ya gotta do is move out of the country and you can escape most of the corporate taxes!! Its 100% liberal and so 100% idiotic.

Or you can take monies that you've made overseas, buy product, then sell said product in the U.S. and deduct the cost as if it were from monies taxed in the U.S. Get it yet?

 

[OnePercenter]

Hit business with crippling regulations and taxes....
Yeah...That makes sense.
To Lizzie Warren and her ilk maybe.

Which 'crippling regulations' are you referring to, fire sprinklers?

 

[RKMBrown]

What does total income mean to you. Are you talking total gross income or taxable income?

Have you figured out the difference between taxable income and corporate revenue yet?

More bloviating! Total income is all the money you made last year.

The question is simple: Why is the effective tax rate for corporations calculated differently than for individuals?

I gave you the answer twenty different ways from sunday you are not listening or incapable of understanding.

What you call total income is gross income. Do you or do you not know that you do not pay taxes on gross income, this is a yes or no question.

 

[OnePercenter]

I gave you the answer twenty different ways from sunday you are not listening or incapable of understanding.

What you call total income is gross income. Do you or do you not know that you do not pay taxes on gross income, this is a yes or no question.

You haven't answered anything.

The question is simple: Why is the effective tax rate for corporations calculated differently than for individuals?

 

[RKMBrown]

I gave you the answer twenty different ways from sunday you are not listening or incapable of understanding.

What you call total income is gross income. Do you or do you not know that you do not pay taxes on gross income, this is a yes or no question.

You haven't answered anything.

The question is simple: Why is the effective tax rate for corporations calculated differently than for individuals?

I gave you the answer twenty different ways from Sunday you are not listening or incapable of understanding.

Do you or do you not know that you do not pay taxes on gross income, this is a yes or no question.

 

[EdwardBaiamonte]

yep, all ya gotta do is move out of the country and you can escape most of the corporate taxes!! Its 100% liberal and so 100% idiotic.

Or you can take monies that you've made overseas, buy product, then sell said product in the U.S. and deduct the cost as if it were from monies taxed in the U.S. Get it yet?

dear, what is "it"? Please try to explain or admit as a typical liberal you lack the IQ for this conversation.

 

[EdwardBaiamonte]

I gave you the answer twenty different ways from sunday you are not listening or incapable of understanding.

What you call total income is gross income. Do you or do you not know that you do not pay taxes on gross income, this is a yes or no question.

You haven't answered anything.

The question is simple: Why is the effective tax rate for corporations calculated differently than for individuals?

dear, there are 1000 taxes and they are all calculated differently. There is no rule book saying they should be the same or different. Why not stop being a fool and answer your own question.

 

[EdwardBaiamonte]

Hit business with crippling regulations and taxes....
Yeah...That makes sense.
To Lizzie Warren and her ilk maybe.

Which 'crippling regulations' are you referring to, fire sprinklers?

The Federal Register is the main source of regulations for U.S. government agencies. In 1936, the number of pages in the Federal Register was about 2,600. Today, the Federal Register is over 80,000 pages long. That is just one example of how bad things have gotten.

Read more: 12 Ridiculous Government Regulations That Are Almost Too Bizarre To Believe - Business Insider

 

[OnePercenter]

The Federal Register is the main source of regulations for U.S. government agencies. In 1936, the number of pages in the Federal Register was about 2,600. Today, the Federal Register is over 80,000 pages long. That is just one example of how bad things have gotten.

Read more: 12 Ridiculous Government Regulations That Are Almost Too Bizarre To Believe - Business Insider

Really? The first was charging for investigation services without a private investigators license.

I don't have to go any further than that to see the deceptive link you posted.

 

[Dad2three]

The U.S. Has the Highest Corporate Income Tax Rate in the OECD | Tax Foundation

How about this?

Oh MARGINAL RATE?

Does the U.S. Really Have the World’s Highest Corporate Tax Rate?
Ending a favorite U.S. myth, in 10 facts


1. The U.S. business lobby never misses an opportunity to point out that the 35% corporate tax rate is the highest in the industrialized world. (With state taxes, it’s about 39%.)

2. This is said to compare unfavorably to the statutory rate averages of around 30% for most industrialized countries (the OECD’s 2012 GDP-weighted average was 32%).

3. However, what corporations are really concerned about is not the statutory rate, but the effective tax rate.

4. That rate covers the percent of profits paid in taxes once all the deductions, credits and other complex provisions of the tax code are taken into account.

5. The U.S. business lobby is usually completely mum about this rate, effectively misleading the American and global public.

6. In terms of the effective corporate tax rate, the United States is actually below the average of the big industrial countries, at about 26%.

7. As a result, the oft-heard claim that the U.S. corporate tax rate is crippling the competitiveness of American business is, at best, “vastly overstated.”

8. The real issue in the United States isn’t the level of taxation, but the huge variation in effective tax rates paid by different companies in different industries.

9. That is an entirely homemade problem – and the consequence of all the shady lobbying that happens in Washington, D.C. day in and day out.

10. The U.S. Treasury estimates that U.S. retailers and wholesalers, for example, pay an average effective federal tax rate of 31%, while U.S. utilities pay an average of 14%. Other industries fall somewhere in between.



Does the U.S. Really Have The Highest Corporate Tax Rates


Corporate profits are at record highs, while corporate taxes are at record lows.

US actually has the second lowest coporate taxes as a share of GDP in the OECD. In fact, 30 major corporations, including Verizon, Boeing and General Electric, paid nothing in corporate taxes over the last 3 years.

The Top Five Tax Myths to Watch Out for this Election Season Tax Justice Blog