Companies do not pay taxes

[Mr. H.]

There are many businesses that do not have the means to pass along costs of any kind to the consumer.

and?????????????

...and there are businesses who are not able to pass along tax increases to their consumers. In fact, there are businesses (corporations) that are unable to pass along ANY increase in costs to consumers.

There are many businesses that do not have the means to pass along costs of any kind to the consumer.

Like Sylondra?

LOL

 

[Rshermr]

There are many businesses that do not have the means to pass along costs of any kind to the consumer.

and?????????????

...and there are businesses who are not able to pass along tax increases to their consumers. In fact, there are businesses (corporations) that are unable to pass along ANY increase in costs to consumers.

There are many businesses that do not have the means to pass along costs of any kind to the consumer.

Like Sylondra?

LOL

You really could use a quick class on tax accounting. You pay taxes only on taxable income. If you are in such bad shape that you can not pass increased costs to your consumers, you have very very little income, or perhaps a loss. Therefore, you tax would be very very little, or no tax at all.
On the other hand, if you are woried about the obama tax increase, which is in fact the overdue end of the bush tax cut, then you would have to worry about that massive extra tax(4.6% on TAXABLE income) only on taxable income of over $250K. So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

 

[Mr. H.]

and?????????????

...and there are businesses who are not able to pass along tax increases to their consumers. In fact, there are businesses (corporations) that are unable to pass along ANY increase in costs to consumers.

Like Sylondra?

LOL

You really could use a quick class on tax accounting. You pay taxes only on taxable income. If you are in such bad shape that you can not pass increased costs to your consumers, you have very very little income, or perhaps a loss. Therefore, you tax would be very very little, or no tax at all.
On the other hand, if you are woried about the obama tax increase, which is in fact the overdue end of the bush tax cut, then you would have to worry about that massive extra tax(4.6% on TAXABLE income) only on taxable income of over $250K. So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

And you need a good bitch slappin'.

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

 

[akelch]

...and there are businesses who are not able to pass along tax increases to their consumers. In fact, there are businesses (corporations) that are unable to pass along ANY increase in costs to consumers.


LOL

You really could use a quick class on tax accounting. You pay taxes only on taxable income. If you are in such bad shape that you can not pass increased costs to your consumers, you have very very little income, or perhaps a loss. Therefore, you tax would be very very little, or no tax at all.
On the other hand, if you are woried about the obama tax increase, which is in fact the overdue end of the bush tax cut, then you would have to worry about that massive extra tax(4.6% on TAXABLE income) only on taxable income of over $250K. So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

And you need a good bitch slappin'.

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

http://www.laffercenter.com/wp-content/uploads/2011/06/2011-Laffer-TaxCodeComplexity.pdf

 

[Mr. H.]

You really could use a quick class on tax accounting. You pay taxes only on taxable income. If you are in such bad shape that you can not pass increased costs to your consumers, you have very very little income, or perhaps a loss. Therefore, you tax would be very very little, or no tax at all.
On the other hand, if you are woried about the obama tax increase, which is in fact the overdue end of the bush tax cut, then you would have to worry about that massive extra tax(4.6% on TAXABLE income) only on taxable income of over $250K. So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

And you need a good bitch slappin'.

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

http://www.laffercenter.com/wp-content/uploads/2011/06/2011-Laffer-TaxCodeComplexity.pdf

That looks like a good read, thanks.

 

[Katzndogz]

not really, a pin costs a lot less than a Rolls Royce because it costs a lot less to make. 99.9% of relative prices reflect the relative cost of making the goods, indicating that virtually all costs are passed on and that we can expect that in the future.

Ed, this is what happens when you get your economic theory from a Cracker Jack box. Go to any basic economic text and look up "monopoly pricing". A monopolist generally has the same demand curve as the industry, downward sloping, and therefore a marginal revenue curve lying below the demand curve. The traditional marginal cost curve is U-shaped. The intersection of the marginal revenue and marginal cost curves determines output. That quatintity on the demand curve represents the market price. Explain to me, if you are capable, how a tax increase shifts the cost curves so that price must go up.

Tax the share holders at 95%...then see what happens.

There will be no shareholders or investment either. Since that's the way the government is going, we will soon see what happens.

 

[Gadawg73]

...and there are businesses who are not able to pass along tax increases to their consumers. In fact, there are businesses (corporations) that are unable to pass along ANY increase in costs to consumers.


LOL

You really could use a quick class on tax accounting. You pay taxes only on taxable income. If you are in such bad shape that you can not pass increased costs to your consumers, you have very very little income, or perhaps a loss. Therefore, you tax would be very very little, or no tax at all.
On the other hand, if you are woried about the obama tax increase, which is in fact the overdue end of the bush tax cut, then you would have to worry about that massive extra tax(4.6% on TAXABLE income) only on taxable income of over $250K. So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

And you need a good bitch slappin'.

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

You have no clue about business. What means does it take to raise your prices?
If you do not you go bankrupt.
Hint: businesses have to make a profit.

 

[EdwardBaiamonte]

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

100% idiotic and perfectly liberal. Expenses are almost always going up if only because of steady inflation. If you can't pass them on you go bankrupt.

 

[EdwardBaiamonte]

So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

it did a lot of damage of course since it shrunk the private sector which is 100% responsible for economic growth. It was overshadowed though by the huge boom Clinton inherited from
Bush '41.

 

[EdwardBaiamonte]

We spend hundreds of billions of dollars every year just to COMPLY with our current tax code. Companies will spend billions to lobbyist to evade taxes.

If taxes don't matter to corporations then why do they go so far out their way to avoid them?

Yes GE has 1000 full time tax people, their return weighs 300 lbs, they pay little tax and keep much of their profit and job growth off shore rather than repatriate the money and business here where the liberal tax collector goons await them.

Liberals know this but the absolutely insane socialist Nazi urge to punish and tax business is too strong for them to resist

 

[Mr. H.]

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

100% idiotic and perfectly liberal. Expenses are almost always going up if only because of steady inflation. If you can't pass them on you go bankrupt.

Liberal? Me?

And those corporations that can not pass expenses on have gone bankrupt.
I narrowly avoided it myself back in the late 90's.

 

[Mr. H.]

You really could use a quick class on tax accounting. You pay taxes only on taxable income. If you are in such bad shape that you can not pass increased costs to your consumers, you have very very little income, or perhaps a loss. Therefore, you tax would be very very little, or no tax at all.
On the other hand, if you are woried about the obama tax increase, which is in fact the overdue end of the bush tax cut, then you would have to worry about that massive extra tax(4.6% on TAXABLE income) only on taxable income of over $250K. So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

And you need a good bitch slappin'.

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

You have no clue about business. What means does it take to raise your prices?
If you do not you go bankrupt.
Hint: businesses have to make a profit.

I've been CEO of our corporation for over 35 years.
I do have a clue about business, that's why we're still around.

 

[EdwardBaiamonte]

And those corporations that can not pass expenses on have gone bankrupt.

good so now all agree that business taxes are a waste since the tax is passed on to consumers much like any cost !!

 

[Mr. H.]

Take a hike, idiot.

 

[EdwardBaiamonte]

Take a hike, idiot.

good so now all agree that liberal business taxes are a waste since the tax is passed on to consumers much like any cost???

 

[Rshermr]

...and there are businesses who are not able to pass along tax increases to their consumers. In fact, there are businesses (corporations) that are unable to pass along ANY increase in costs to consumers.


LOL

You really could use a quick class on tax accounting. You pay taxes only on taxable income. If you are in such bad shape that you can not pass increased costs to your consumers, you have very very little income, or perhaps a loss. Therefore, you tax would be very very little, or no tax at all.
On the other hand, if you are woried about the obama tax increase, which is in fact the overdue end of the bush tax cut, then you would have to worry about that massive extra tax(4.6% on TAXABLE income) only on taxable income of over $250K. So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

And you need a good bitch slappin'.

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

Look, I am not saying that in all conditions there are no companies that are not close enough to the edge that they may blame taxes as their problem. But, since I think we are talking about the dem proposal, I am a bit surprised that you would say that would push you over the edge.

So, maybe you can tell me when, in a bad economy, raising taxes has hurt unemployment Then you can talk about bitch slapping. Because I do not think you can.

 

[Mr. H.]

You really could use a quick class on tax accounting. You pay taxes only on taxable income. If you are in such bad shape that you can not pass increased costs to your consumers, you have very very little income, or perhaps a loss. Therefore, you tax would be very very little, or no tax at all.
On the other hand, if you are woried about the obama tax increase, which is in fact the overdue end of the bush tax cut, then you would have to worry about that massive extra tax(4.6% on TAXABLE income) only on taxable income of over $250K. So, cry me a river. And let me know how much damage that same tax increase did to businesses at the start of the Clinton administration.

And you need a good bitch slappin'.

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

Look, I am not saying that in all conditions there are no companies that are not close enough to the edge that they may blame taxes as their problem. But, since I think we are talking about the dem proposal, I am a bit surprised that you would say that would push you over the edge.

So, maybe you can tell me when, in a bad economy, raising taxes has hurt unemployment Then you can talk about bitch slapping. Because I do not think you can.

As I have said in all my posts, I disagree that when taxes are raised on certain corporations that they have NO means of raising their prices to the consumer. In fact, there are certain corporations that simply can not pass along ANY of their costs to the consumer.

 

[akelch]

And you need a good bitch slappin'.

Think about it. There are corporations that have absolutely no means at their disposal to pass along ANY increases in expenses- taxes included- along to their consumers.

Look, I am not saying that in all conditions there are no companies that are not close enough to the edge that they may blame taxes as their problem. But, since I think we are talking about the dem proposal, I am a bit surprised that you would say that would push you over the edge.

So, maybe you can tell me when, in a bad economy, raising taxes has hurt unemployment Then you can talk about bitch slapping. Because I do not think you can.

As I have said in all my posts, I disagree that when taxes are raised on certain corporations that they have NO means of raising their prices to the consumer. In fact, there are certain corporations that simply can not pass along ANY of their costs to the consumer.

Example?

 

[waltky]

It depends how the company is set up...

... C corporations pay taxes on profits...

... any dividends they pay are also taxed as investment income to the stockholder...

... only if the company paid out all its income as dividends would it not be taxed at the corporate level...

... but it would still be taxed at the stockholder level...

... Partnership & Sub-chapter S corporation income is passed through to the owners...

... who pay taxes on the income (less any money held in company reserves up to $25k)...

... when they report the income on their personal tax return.

 

[akelch]

It depends how the company is set up...

... C corporations pay taxes on profits...

... any dividends they pay are also taxed as investment income to the stockholder...

... only if the company paid out all its income as dividends would it not be taxed at the corporate level...

... but it would still be taxed at the stockholder level...

... Partnership & Sub-chapter S corporation income is passed through to the owners...

... who pay taxes on the income (less any money held in company reserves up to $25k)...

... when they report the income on their personal tax return.

So if their taxes are raised at any of these levels....what would they do? Or do you think they would do nothing?