Does the liberal realize corporations pay 0 in taxes?

Discussion in 'Politics' started by JRK, Apr 27, 2011.

  1. JRK
    Offline

    JRK Senior Member

    Joined:
    Feb 27, 2011
    Messages:
    7,488
    Thanks Received:
    312
    Trophy Points:
    48
    Ratings:
    +312
    That people pay those taxes?
    the consumer?
    I just thought I would ask
     
  2. Robert
    Offline

    Robert Really nice Guy

    Joined:
    Mar 21, 2011
    Messages:
    1,496
    Thanks Received:
    192
    Trophy Points:
    48
    Ratings:
    +192
    The connection between the Consumer and the Producer seem to get extremely muddled with the left and their ambitions of taxing the hell out of those evil "rich" Corporations
     
  3. slukasiewski
    Offline

    slukasiewski BANNED

    Joined:
    Mar 21, 2011
    Messages:
    1,349
    Thanks Received:
    109
    Trophy Points:
    0
    Ratings:
    +109
    No they don't.
    They expect the corporate HQ of G.E., for example to grow a set of arms and fill out a 1040

    Idiots...
     
  4. JRK
    Offline

    JRK Senior Member

    Joined:
    Feb 27, 2011
    Messages:
    7,488
    Thanks Received:
    312
    Trophy Points:
    48
    Ratings:
    +312
    People believe that a corporation is going to get harmed
    And it amazes me that those people listen to Obama, Pelosi, Etc...

    If you raise the corporate tax rate on Exxon
    there just going to raise the price of the product they sell
     
    • Thank You! Thank You! x 1
  5. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    Well...that is KINDA true in the sense that the consumers PAY for everything.

    But taxes on profits ARE taxes that the corporations do pay (in those rare cases where they cannot find enough tax loopholes to vaoid paying them, of course)/

    And while it is true that corporations might be able to increase their prices to compensate for the taxes they'd have to pay on profits, they can really ONLY do that if they have a monopoly or a close enough to monopoly that it doesn't matter...like for example the OIL companies enjoy.
     
  6. JRK
    Offline

    JRK Senior Member

    Joined:
    Feb 27, 2011
    Messages:
    7,488
    Thanks Received:
    312
    Trophy Points:
    48
    Ratings:
    +312
    Its not kinda of true
    its 100% true
    I work for a very large construction company and when we bid work those taxes from payroll to income, all of them are rolled up with the estimate to perform the work
    If we build a power plant
    then you pay for those taxes when you pay the light bill
    If we build a refinery
    same
    It is no different when Coke prices a soda
    In that price those taxes
    chicken,guts and feathers are rolled up

    My friend there is but one way a corporation makes a profit
    To provide a product
    in some form that product has a cost built into it to pay those taxes
    A Hedge fund could be on exception, but there is not many
     
  7. Bfgrn
    Offline

    Bfgrn Gold Member

    Joined:
    Apr 4, 2009
    Messages:
    16,829
    Thanks Received:
    2,480
    Trophy Points:
    245
    Ratings:
    +3,060
    There is not a corporation in America that wouldn't raise their prices today, IF the market would bear it. That little nugget is always lost on the right, because they don't understand the market, they are too busy doing their Monica Lewinsky on the wealthy.

    Liberals are well aware that many huge corporations pay no taxes, that is why Obama has called for lowering corporate taxes, AND closing all the loopholes.
     
  8. JRK
    Offline

    JRK Senior Member

    Joined:
    Feb 27, 2011
    Messages:
    7,488
    Thanks Received:
    312
    Trophy Points:
    48
    Ratings:
    +312
    Man that went right over your head
    Listen
    Corporations pay no tax
    they have no special tree that they can pluck money from to pay there taxes with
    If a corporation pays 1 dollar in taxes
    that dollar came from you and I

    If Obama raises taxes or closes "loop holes" in a corporations tax
    that money will come from you and I
    It will raise our tax rate

    This is why many of us believe you need a sales tax or a flat tax
    the consumer is getting taxed from so many different levels

    The liberal is being lied to

    People pay taxes
    Not corporations
     

Share This Page