Corporate Tax Revenue Came In 31% Below Predictions, And It's Getting Worse

[Slade3200]

I’m not going that route, I'm questioning your logic. So green light pensions and VA care because they are for government employees and military... I’m guessing infrastructure is unconstitutional in your mind, is that correct?

I never said that,,,

unless you can show me where in the constitution that resides,,,

That all depends on how you define General welfare” doesn’t it?

stealing from the majority to give to a minority is not in the general welfare,,,

That’s your opinion. Others disagree. Also there is no stealing. All collections are legal

Theft | Definition of Theft by Merriam-Webster

Definition of THEFT
Definition of theft. 1a : the act of stealing specifically : the felonious taking and removing of personal property with intent to deprive the rightful owner of it. b : an unlawful taking (as by embezzlement or burglary) of property. 2 : a stolen base in baseball. 3 obsolete : something stolen.

Thank you for proving my point. See that word “unlawful” in your definition? Well that’s my point. Taxation is lawful. Stop lying

 

[progressive hunter]

VA is for our military who fights for freedom for everyone in this country.
The left pick and choose minorities for government programs that keep them dependent and always short of that assistance that last week of the month.

We have a government that does things for all Americans. It's called a constitutional republic.

We are not a Socialist Democracy that robs from our rich or our businesses.

You’ve consumed a bit too much Koolaid. taxation is legal. To Rob would be illegal. Tone it down a bit

when its taken under threat of jail or death its theft,,,nothing you say can change that,,,

Theft is illegal plain and simple. If it is taken under the rule of law then it is part of our legal system. Robbery and theft is dishonest hyperbole.

thanks for your opinion,,,but it means nothing to those that go to jail or killed for it,,,

If they go to jail then they broke the law. I don’t know who gets killed for not paying taxes so that sounds like more hyperbole to me

what if they choose not to go to jail???

 

[Harpy Eagle]

Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases.
The U.S. Treasury saw a 31 percent drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall, down by almost 9 percent or $11 billion.

Though business profits remain healthy and the economy is strong, total corporate taxes are at the lowest levels seen in more than 50 years.

Big businesses paying even less than expected under GOP tax law


But the frightening thing is that, despite all the sugar Trump and the Republicans have poured into the system, dark clouds continue to gather on the horizon. The economy looks set to slide into a recession with interest rates near record lows and corporations already basking in gifts even bigger than predicted. Any “stimulus” that happens to pull the U.S. out of this one, isn’t going to come through tax breaks for corporations. That well is already dry.

OMG DOWN $11 BILLION!!!!

THATS 14 MINUTES OF SPENDING!

This is why we have a 22 trillion dollar debt...people like you care more about politics than the country.

 

[progressive hunter]

I never said that,,,

unless you can show me where in the constitution that resides,,,

That all depends on how you define General welfare” doesn’t it?

stealing from the majority to give to a minority is not in the general welfare,,,

That’s your opinion. Others disagree. Also there is no stealing. All collections are legal

Theft | Definition of Theft by Merriam-Webster

Definition of THEFT
Definition of theft. 1a : the act of stealing specifically : the felonious taking and removing of personal property with intent to deprive the rightful owner of it. b : an unlawful taking (as by embezzlement or burglary) of property. 2 : a stolen base in baseball. 3 obsolete : something stolen.

Thank you for proving my point. See that word “unlawful” in your definition? Well that’s my point. Taxation is lawful. Stop lying

only if you ignore the rest of the definition,,,

then theres the problem with the last sentence in 5th amendment

 

[Slade3200]

You’ve consumed a bit too much Koolaid. taxation is legal. To Rob would be illegal. Tone it down a bit

when its taken under threat of jail or death its theft,,,nothing you say can change that,,,

Theft is illegal plain and simple. If it is taken under the rule of law then it is part of our legal system. Robbery and theft is dishonest hyperbole.

thanks for your opinion,,,but it means nothing to those that go to jail or killed for it,,,

If they go to jail then they broke the law. I don’t know who gets killed for not paying taxes so that sounds like more hyperbole to me

what if they choose not to go to jail???

If they break the law, are convicted of a crime, and sentenced to jail then that’s where they go. You’re digging yourself into a hole. Give up on this silly argument of yours and try honest conversation for a change

 

[progressive hunter]

when its taken under threat of jail or death its theft,,,nothing you say can change that,,,

Theft is illegal plain and simple. If it is taken under the rule of law then it is part of our legal system. Robbery and theft is dishonest hyperbole.

thanks for your opinion,,,but it means nothing to those that go to jail or killed for it,,,

If they go to jail then they broke the law. I don’t know who gets killed for not paying taxes so that sounds like more hyperbole to me

what if they choose not to go to jail???

If they break the law, are convicted of a crime, and sentenced to jail then that’s where they go. You’re digging yourself into a hole. Give up on this silly argument of yours and try honest conversation for a change

that was honest,,,

 

[Oddball]

How much do we spend on welfare?

to much,,,

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

It all needs to be cut...Domestic, foreign, and corporate welfare...Pentagon spending can be frozen and even cut....Everybody gets a haircut.

 

[Oddball]

How much do we spend on welfare?

to much,,,

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

You're asking one of these losers to have a smart conversation? I'll give you credit for trying to be civil about it.

Laughable, from the hack whose go-to source is Daily Kooks.

 

[skews13]

to much,,,

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

You're asking one of these losers to have a smart conversation? I'll give you credit for trying to be civil about it.

Laughable, from the hack whose go-to source is Daily Kooks.

The source for this article was Politico.

You have an attention span equal to your intelligence.

 

[AntonToo]

So people kept money in their pockets....

Only a libturd parasite could find a problem there.
.

Hey idiot, why have taxes at all?

 

[Andylusion]

Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases.
The U.S. Treasury saw a 31 percent drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall, down by almost 9 percent or $11 billion.

Though business profits remain healthy and the economy is strong, total corporate taxes are at the lowest levels seen in more than 50 years.

Big businesses paying even less than expected under GOP tax law


But the frightening thing is that, despite all the sugar Trump and the Republicans have poured into the system, dark clouds continue to gather on the horizon. The economy looks set to slide into a recession with interest rates near record lows and corporations already basking in gifts even bigger than predicted. Any “stimulus” that happens to pull the U.S. out of this one, isn’t going to come through tax breaks for corporations. That well is already dry.

Good. More money in the hands of people who make the economy work.

 

[rightwinger]

We slashed their taxes by 40 percent

Why wouldn’t we see less revenue?

 

[Andylusion]

So people kept money in their pockets....

Only a libturd parasite could find a problem there.
.

Hey idiot, why have taxes at all?

I think there should be no national income tax.

If states want to have an income tax, knock themselves out.

The amount of money we spend on things the government should actually be doing, is tiny fraction of the total amount taken in taxes. We could cut taxes by 50%, and have enough for roads and police and so on. Easily in fact.

 

[deanrd]

Time to slash spending.

And force women to have unwanted babies. Don’t forget that.

 

[rightwinger]

The system must be working if the GDP hit over 4% for the first time in a decade and the DOW hovers around 25,000 while unemployment is at it's lowest since the early 70's. What's the point? Do lefties want to punish corporations during republican administrations or the neo-socialists just hate what makes America great?

When did GDP hit 4% for the first time in a decade?! I must have missed that news

Two years ago. The GDP never hit 3% in a yearly average for the entire eight years of the Hussein administration.

Obama also had quarters above 4 percent
Also a year of 2.9%

Trump is performing the same

 

[deanrd]

But didn’t Republicans say that the GDP was going to grow by 5% and the economy was going to make so much money that it was going to offset the tax cuts for billionaires and corporations?

Oh my God?

Does this mean Republicans are lying to us again? Or are they just stupid?
Could it be both?

 

[MaryL]

Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases.
The U.S. Treasury saw a 31 percent drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall, down by almost 9 percent or $11 billion.

Though business profits remain healthy and the economy is strong, total corporate taxes are at the lowest levels seen in more than 50 years.

Big businesses paying even less than expected under GOP tax law


But the frightening thing is that, despite all the sugar Trump and the Republicans have poured into the system, dark clouds continue to gather on the horizon. The economy looks set to slide into a recession with interest rates near record lows and corporations already basking in gifts even bigger than predicted. Any “stimulus” that happens to pull the U.S. out of this one, isn’t going to come through tax breaks for corporations. That well is already dry.

You mean our culture has become corrupt? The liberals that create sanctuary cities outside of and beyond democracy? And this gay rights agenda putsch nobody got to vote for? Corporate agendas? To who ever is pushing those agendas, they are not what Americans want, let me tell you. They don't represent America.

 

[deanrd]

The economy was on a sugar high under Trump.
All those hundreds and hundreds of billions in tax cuts for corporations and billionaires.
You’ve got to be a complete nutso to believe tax cuts for billionaires is going to help the economy.

 

[Ambivalent1]

How much do we spend on welfare?

to much,,,

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

You're asking one of these losers to have a smart conversation? I'll give you credit for trying to be civil about it.

Projection son, you're a twit without a brain.
You've never answered son, do YOU add up all of your profits at the end of the week and divide them EQUALLY among ALL of your employees?

 

[Billy000]

So people kept money in their pockets....

Only a libturd parasite could find a problem there.


.

Only a republican would think a rising deficit under GOP leadership is fine because...well...they aren’t democrats!