Corporation Taxes

[peach174]

Corporations do not pay taxes they collect taxes.
Look on any monthly bill that you get and you will see that you the customer is charged
Federal,State and county taxes.
So when Politicians say they want to raise Corporation Taxes that means your monthly bills will be going up.
Our tax laws require that Corporations do this.
Look at any of your monthly bills and you will see that as a customer you are charged for the taxes.
We have a lot of Politician's in Washington who do not understand this, mainly because they have never run a business.
The public themselves don't either. Many of us do not read the fine print on our monthly bills.
I know I didn't until the topic came up about raising the Corp. Tax. and then I looked into it more closely.
So don't be fooled by our Politician's into thinking that Corporations pay for taxes.
THEY DON'T !! YOU DO!!

 

[peach174]

Corporations do not pay taxes they collect taxes.
Look on any monthly bill that you get and you will see that you the customer is charged
Federal,State and county taxes.
So when Politicians say they want to raise Corporation Taxes that means your monthly bills will be going up.
Our tax laws require that Corporations do this.
Look at any of your monthly bills and you will see that as a customer you are charged for the taxes.
We have a lot of Politician's in Washington who do not understand this, mainly because they have never run a business.
The public themselves don't either. Many of us do not read the fine print on our monthly bills.
I know I didn't until the topic came up about raising the Corp. Tax. and then I looked into it more closely.
So don't be fooled by our Politician's into thinking that Corporations pay for taxes.
THEY DON'T !! YOU DO!!

We are also charged EPA costs on our electric bills. I forgot to put that down.

 

[editec]

If we actually had progresive taxation I'd be on board with no corporate taxes.

Of course capital gains would then also have to be treated exactly the same way as taxes on income, too.

You down with that?

 

[peach174]

I'm for getting rid of the IRS and all of its laws and putting in a sales tax. Written in such a way that congress can not continually keep raising the amount of it.
capital gains would be under this also when it was sold.

 

[Skull Pilot]

Corporations do not pay taxes they collect taxes.
Look on any monthly bill that you get and you will see that you the customer is charged
Federal,State and county taxes.
So when Politicians say they want to raise Corporation Taxes that means your monthly bills will be going up.
Our tax laws require that Corporations do this.
Look at any of your monthly bills and you will see that as a customer you are charged for the taxes.
We have a lot of Politician's in Washington who do not understand this, mainly because they have never run a business.
The public themselves don't either. Many of us do not read the fine print on our monthly bills.
I know I didn't until the topic came up about raising the Corp. Tax. and then I looked into it more closely.
So don't be fooled by our Politician's into thinking that Corporations pay for taxes.
THEY DON'T !! YOU DO!!

Are you really that dumb?

Businesses of all sizes collect taxes for the government. I suppose you think sales tax is supposed to be paid by businesses and that by charging you a sales tax that they are getting away with not paying taxes.

It's the same with any federal usage tax on utilities. The tax is levied on YOU but businesses have to collect it for the government and send it in monthly or quarterly.

Oh and btw businesses don't get reimbursed for their time for collecting government taxes but are certainly punished harshly if they screw up.

IMO it would be better if businesses weren't forced to collect taxes. That means no payroll taxes taken out of your check, no gas taxes etc. Let the fucking government bill everyone individually.

But we all know why that will never happen right? Once people actually feel the pain of paying taxes there would be a revolt.

 

[peach174]

What do you think that the Taxed Enough Already Party is about? We are feeling the pain.
And YES when Corp taxes are raised it is passed on to the consumer.

 

[Skull Pilot]

What do you think that the Taxed Enough Already Party is about? We are feeling the pain.
And YES when Corp taxes are raised it is passed on to the consumer.

You are obviously confused by the difference between taxes levied on corporate earnings and taxes levied on you but collected on behalf of the government by businesses

 

[peach174]

What part of this are you not getting?

Corporate income taxes should be eliminated | consumers | The Daily Caller

 

[peach174]

What do you think that the Taxed Enough Already Party is about? We are feeling the pain.
And YES when Corp taxes are raised it is passed on to the consumer.

You are obviously confused by the difference between taxes levied on corporate earnings and taxes levied on you but collected on behalf of the government by businesses

Your like some people who steal from stores and thinks that they are sticking it to the company. When in fact the company puts the loss on to the customer.
If they didn't they would go out of business. Same thing with corporation taxes. If they did not pass the tax on to the customer they would go out of business.
So when corporation taxes are raised , your montly bill goes up.

 

[Flopper]

Businesses attempt to pass corporate taxes on to consumers. Whether they are successful or not depends on the competition. With so many loopholes in the law and so many products manufactured in part or completely overseas, it's hard say just what would be passed on to consumers.

Corporate taxes need to be revised. Loopholes need to be eliminated and rates need to be lowered.

 

[peach174]

Businesses do not attempt to pass taxes. They do it period. They are required by law to do so.

 

[DiamondDave]

If we actually had progresive taxation I'd be on board with no corporate taxes.

Of course capital gains would then also have to be treated exactly the same way as taxes on income, too.

You down with that?

Of course... progressive taxation championed by a leftist.. equal treatment by government when it benefits you, and support of unequal treatment by government when it benefits you

How about equal and flat % tax on all income on every dollar earned by every citizen... no exceptions??

You down with that??

 

[peach174]

I use Verizon as my cell phone service.
In the bill I receive every month it says Explanation of Charges;
Verizon Wireless Surcharges
Verizon Wireless Surcharges include charges to recover or help defray costs of taxes and of government charges and fees imposed on us,including a Regulatory Charge (which helps defray costs of various regulatory mandates) That means regulations imposed on companies. We the customer pays for it.

 

[Skull Pilot]

What part of this are you not getting?

Corporate income taxes should be eliminated | consumers | The Daily Caller

The state federal and local taxes you referenced in your OP are taxes that are levied on the customer by the government and collected by businesses on behalf of the government.

Corporate income taxes are a completely different thing.

Until you understand what you are talking about please stop talking.

 

[Wiseacre]

High US corporation taxes are one reason why some of our companies moveoperations offshore to more tax friendly countries. It is also one reason why foreign business investors and entrepeneurs avoid the US when starting up or expanding their foreign businesses. Not the only reason of course, there also the ridiculous costs of complying with our burdensome regulations and other issues.

I'd be okay with doing away with corporation taxes altogether, as a way of getting more capital back here and attracting more investments. I believe the lost revenue form that is about 200 billion, but I think that would be offset by a wider tax base resulting from more employees being hired and also less expenditures going out for unemployment and other welfare programs. Won't happen though, the Dems would have a cow.

 

[Mr Liberty]

We have the highest corporate tax rate in the world. Our corporation are so over taxed and over regulated, it is surprising that there are any left. China has a more free market than the United States. I would rather have an economy that is determined by the many, than one directed by the few. The centralization of the US economy is causing a depression and the socialist in both parties will blame capitalism. The failure is the abandonment of the free market.

This Keynesian economics has debased the dollar and created equity bubbles all over the world. The producers can no longer support the socialist state. All social programs, including Social Security and Medicare, will cease to exist, when the economy collapses.

We should have made massive cuts to all government spending. Cut taxes and removed the regulations that are a barrier to business. The crash would have been over and our recovery would be real. This so called recovery is an illusion and the crash is yet to come.

This coming depression will be very deep and very long. I wonder what type of nation will emerge. Will we be a socialist nation? A classless society living at the poverty line or will we break up like the Soviet Union?

 

[peach174]

What part of this are you not getting?

Corporate income taxes should be eliminated | consumers | The Daily Caller

The state federal and local taxes you referenced in your OP are taxes that are levied on the customer by the government and collected by businesses on behalf of the government.

Corporate income taxes are a completely different thing.

Until you understand what you are talking about please stop talking.

an explanation of taxes paid by corporations;

Corporate Tax Payments

The corporation must file a corporate tax return, IRS Form 1120, and pay taxes at a corporate income tax rate on any profits. If a corporation will owe taxes, it must estimate the amount of tax due for the year and make quarterly payments to the IRS in April, June, September, and January.

Shareholder Tax Payments

If the corporation's owners work for the corporation, they pay individual income taxes on their salaries and bonuses like regular employees of any company. Salaries and bonuses are deductible business expenses, so the corporation does not pay taxes on them.

Tax on Dividends

If a corporation distributes dividends to the owners, they must report and pay personal income tax on these amounts. And because dividends, unlike salaries and bonuses, are not tax-deductible, the corporation must also pay taxes on them. This means that dividends are taxed twice -- once to the corporation and again to the shareholders. Smaller corporations rarely face this problem: Because their owners typically work for the corporation as employees, the corporation can pay them in the form of tax-deductible salaries and bonuses, rather than taxable dividends.

Corporate Tax Payments - customers being billed for this (quarterly payments made by Corporations and collected by us the customer)

Dividends Tax Payments - taxed twice

I don't hear politicians saying raise taxes on Corporate Dividends
I do hear them say raise taxes on Corporate tax - that is us.

 

[NYcarbineer]

Corporations do not pay taxes they collect taxes.
Look on any monthly bill that you get and you will see that you the customer is charged
Federal,State and county taxes.
So when Politicians say they want to raise Corporation Taxes that means your monthly bills will be going up.
Our tax laws require that Corporations do this.
Look at any of your monthly bills and you will see that as a customer you are charged for the taxes.
We have a lot of Politician's in Washington who do not understand this, mainly because they have never run a business.
The public themselves don't either. Many of us do not read the fine print on our monthly bills.
I know I didn't until the topic came up about raising the Corp. Tax. and then I looked into it more closely.
So don't be fooled by our Politician's into thinking that Corporations pay for taxes.
THEY DON'T !! YOU DO!!

Corporate taxes are not state and local sales taxes. Who told you that?

 

[NYcarbineer]

We have the highest corporate tax rate in the world.

That is a nice simplistic rightwing talking point.

 

[peach174]

Corporations do not pay taxes they collect taxes.
Look on any monthly bill that you get and you will see that you the customer is charged
Federal,State and county taxes.
So when Politicians say they want to raise Corporation Taxes that means your monthly bills will be going up.
Our tax laws require that Corporations do this.
Look at any of your monthly bills and you will see that as a customer you are charged for the taxes.
We have a lot of Politician's in Washington who do not understand this, mainly because they have never run a business.
The public themselves don't either. Many of us do not read the fine print on our monthly bills.
I know I didn't until the topic came up about raising the Corp. Tax. and then I looked into it more closely.
So don't be fooled by our Politician's into thinking that Corporations pay for taxes.
THEY DON'T !! YOU DO!!

Corporate taxes are not state and local sales taxes. Who told you that?

What part did you not read - Verizion takes FEDERAL and state and county charges