End Tax Breaks for Profitable Corporations

[M14 Shooter]

One of the ways to cut spending and increase revenue is to cut tax cuts for the rich, why don't you dumb fucks ever talk about those cuts?

First, taking away tax cuts does not reduce spending.

Second, you could take very penny earned by everyone making >$150k and there'd still be a >$636B deficit.

What then?

 

[M14 Shooter]

I'm the military, I take responsibility for myself and those of my soldiers, do you take responsibility for yourself shithead?

Tell me - why do you find it necessary to swear?
Are you trying to compenate for something?

 

[Vanquish]

I'd like us to go back to a time with NO TAXES AT ALL.

Not because I don't think there should be taxes...but so that conservatives will learn that taxes aren't inherently evil.

Some taxes are worthwhile, right? Surely no conservatives are arguing for ZERO taxes at all, right?

Right, our choices are the current oppressive system or no taxes at all, which no one is advocating. Show the need for one tax and you have justified our entire system. That's the bar you painted on the floor for yourself. Good argument there, my vacuous friend.

That's not what I was doing AT ALL...though I can see why you might think so.

I was simply attempting to set a floor level that we could agree on. That while some taxes are good and others aren't. It seems like the mantra of "cut everything" has been taken to an extreme by the right (much like the overtaxation has happened on the left).

I simply wanted a starting point from which we could assess taxes individually.

 

[kaz]

I'm the military, I take responsibility for myself and those of my soldiers, do you take responsibility for yourself shithead?

Tell me - why do you find it necessary to swear?
Are you trying to compenate for something?

Not in his fantasies he doesn't. We were talking about Palin and he disappeared. Right now her head is pounding hitting the head board in his mind. In real life though, sure. Anyway, once he's done he'll be back to address it himself.

 

[kaz]

I'd like us to go back to a time with NO TAXES AT ALL.

Not because I don't think there should be taxes...but so that conservatives will learn that taxes aren't inherently evil.

Some taxes are worthwhile, right? Surely no conservatives are arguing for ZERO taxes at all, right?

Right, our choices are the current oppressive system or no taxes at all, which no one is advocating. Show the need for one tax and you have justified our entire system. That's the bar you painted on the floor for yourself. Good argument there, my vacuous friend.

That's not what I was doing AT ALL...though I can see why you might think so.

I was simply attempting to set a floor level that we could agree on. That while some taxes are good and others aren't. It seems like the mantra of "cut everything" has been taken to an extreme by the right (much like the overtaxation has happened on the left).

I simply wanted a starting point from which we could assess taxes individually.

OK, we have a floor that I don't support no taxes at all. Wow, a major development, I'm glad we were able to accomplish that. I did say I'm a libertarian and I have not said I'm an anarchist, that would have done it too. Still, we want to dot every i...

 

[The Rabbi]

Sen. Bernie Sanders: End Tax Breaks for Profitable Corporations

Republicans in the House want to balance the budget by denying more than 200,000 little children the opportunity to receive an early education through Head Start; reducing or eliminating Pell Grants for 9.4 million college students; eliminating primary health care services to 11 million Americans; and delaying Social Security benefits to half a million eligible Americans, among other things.

Before Congress cuts funding for Head Start, Social Security, and financial aid for college, we have got to make sure that large, profitable corporations are paying their fair share of taxes.

At a time when we have a $14.2 trillion national debt and a $1.6 trillion federal deficit, it is unacceptable that Exxon Mobil, General Electric, Bank of America, Chevron, Boeing, and other large, profitable corporations are not only avoiding paying any federal income taxes at all but have actually received huge refund checks from the IRS.

Loopholes in the tax code, offshore tax havens, tax breaks to companies that export American jobs to China, and other tax breaks have allowed giant corporations in America to receive billions in refunds from the IRS.

Meanwhile corporations are sitting on nearly $2 trillion in cash on hand, and big banks have nearly a trillion dollars in excess reserves parked at the Federal Reserve.

In 2005, one out of four large corporations paid no income taxes at all even though they collected $1.1 trillion in revenue over that one-year period.

In 2009, Exxon Mobil made $19 billion in profits. Not only did Exxon not pay any federal income taxes, it actually received a $156 million rebate from the IRS, according to SEC filings.

Huge corporations receiving tax refunds while actually paying no federal income taxes, that fucking tax cheating and highway robbery and what do the Repugs do about it? Nothing, except ask for more of the same.

It's obviously not tax cheating, asshole. Otherwise they would be prosecuted.
But lemme ask, which, specifically, tax "loopholes' do you want to see closed? I doubt you could actually name one.
Bernie Sanders is a commie pinko who would turn this country into Albania.

 

[Claudette]

You need taxes to keep America running.

I'm in favor of getting rid of tax breaks and subsidies alike.

I'm also in favor of everyone, yes everyone, having to pay Fed taxes including those that pay no taxes at all. Companies and citizens alike.

All should have skin in the game.

 

[Claudette]

Sen. Bernie Sanders: End Tax Breaks for Profitable Corporations

Republicans in the House want to balance the budget by denying more than 200,000 little children the opportunity to receive an early education through Head Start; reducing or eliminating Pell Grants for 9.4 million college students; eliminating primary health care services to 11 million Americans; and delaying Social Security benefits to half a million eligible Americans, among other things.

Before Congress cuts funding for Head Start, Social Security, and financial aid for college, we have got to make sure that large, profitable corporations are paying their fair share of taxes.

At a time when we have a $14.2 trillion national debt and a $1.6 trillion federal deficit, it is unacceptable that Exxon Mobil, General Electric, Bank of America, Chevron, Boeing, and other large, profitable corporations are not only avoiding paying any federal income taxes at all but have actually received huge refund checks from the IRS.

Loopholes in the tax code, offshore tax havens, tax breaks to companies that export American jobs to China, and other tax breaks have allowed giant corporations in America to receive billions in refunds from the IRS.

Meanwhile corporations are sitting on nearly $2 trillion in cash on hand, and big banks have nearly a trillion dollars in excess reserves parked at the Federal Reserve.

In 2005, one out of four large corporations paid no income taxes at all even though they collected $1.1 trillion in revenue over that one-year period.

In 2009, Exxon Mobil made $19 billion in profits. Not only did Exxon not pay any federal income taxes, it actually received a $156 million rebate from the IRS, according to SEC filings.

Huge corporations receiving tax refunds while actually paying no federal income taxes, that fucking tax cheating and highway robbery and what do the Repugs do about it? Nothing, except ask for more of the same.

You might wanna add GE to your bitch list. They made 50B last year and payed no taxes either.

As for the Reps well last I heard the Dems had control of Congress since 2006 and the whole enchilada since 2008. Doesn't look like they've done jack shit about it either.

 

[Vanquish]

Stop being so obtuse. The way people are around here, until you establish something...

fuck it. you want to be obtuse. there's the fucking door.

 

[Avatar4321]

In other words, raise taxes even more.

That's really going to encourage businesses to stay in the US.

 

[LordBrownTrout]

Why don't we cut off a bloated government in its death throes and have them do without. Lower EVERYBODY'S taxes and quit playing the class warfare.

 

[Dont Taz Me Bro]

If it were up to me the U.S. Corporate Tax rate would be 0%.

 

[Finnguy]

If it was up to me they would be between 50 and 66%.

 

[California Girl]

I'm the military, I take responsibility for myself and those of my soldiers, do you take responsibility for yourself shithead?


Corporation who pay no income tax and or avoid paying taxes and outsource jobs overseas should be receiving tax refunds since they are contributing nothing. And cutting tax breaks and tax cuts for them is cutting spending because tax cuts and tax breaks must be paid for.

Actually, your occupation has jack shit to do with this. You don't 'take responsibility' for 'your soldiers'. They are people.... individuals... they have responsibility for themselves, you fucking moron.

You have absolutely no intellect whatsoever. If stupidity were curable, I would hold out some hope for you. Sadly, it is not.

NCOs are responsible for our soldiers, when they mess up and do stupid shit guess who gets their asses chewed out standing on the carpet? We do, you don't know what the fuck you're talking about, so don't run your fucking mouth about military matters, have a Coke and a smile and shut the fuck up.

They are grown ups. They are responsible for themselves, you are responsible for yourself, I am responsible for me. That's how life works. They leave the military and then what? You're gonna continue to be 'responsible' for them? No. Therefore, you are not 'taking responsibility' for them. So perhaps, you should stop making an idiot of yourself and, particularly.... knock off your ridiculous 'shut the fuck up' response.

Fool.

 

[Brewbrother]

Sen. Bernie Sanders: End Tax Breaks for Profitable Corporations

Republicans in the House want to balance the budget by denying more than 200,000 little children the opportunity to receive an early education through Head Start; reducing or eliminating Pell Grants for 9.4 million college students; eliminating primary health care services to 11 million Americans; and delaying Social Security benefits to half a million eligible Americans, among other things.

Before Congress cuts funding for Head Start, Social Security, and financial aid for college, we have got to make sure that large, profitable corporations are paying their fair share of taxes.

At a time when we have a $14.2 trillion national debt and a $1.6 trillion federal deficit, it is unacceptable that Exxon Mobil, General Electric, Bank of America, Chevron, Boeing, and other large, profitable corporations are not only avoiding paying any federal income taxes at all but have actually received huge refund checks from the IRS.

Loopholes in the tax code, offshore tax havens, tax breaks to companies that export American jobs to China, and other tax breaks have allowed giant corporations in America to receive billions in refunds from the IRS.

Meanwhile corporations are sitting on nearly $2 trillion in cash on hand, and big banks have nearly a trillion dollars in excess reserves parked at the Federal Reserve.

In 2005, one out of four large corporations paid no income taxes at all even though they collected $1.1 trillion in revenue over that one-year period.

In 2009, Exxon Mobil made $19 billion in profits. Not only did Exxon not pay any federal income taxes, it actually received a $156 million rebate from the IRS, according to SEC filings.

Huge corporations receiving tax refunds while actually paying no federal income taxes, that fucking tax cheating and highway robbery and what do the Repugs do about it? Nothing, except ask for more of the same.

Corporations don't pay taxes, people pay taxes. Corporations calculate their tax rates and build that into the price of goods sold. Then they become a conduit for tax money.

Americans For Fair Taxation: Americans For Fair Taxation is the logical solution to funding our country. It is high time that tourists and illegal aliens pay their fair share as well. Turning the United States into the largest tax haven in the world would quickly cure our economic problems and piss off the chicoms and the rest of the communist/socialist ilk that drag down the world with their persistent blame game of capitalism and imperialism.

BTW, Bernie Sanders is a doddering old fool who needs to be retired.

 

[beowolfe]

I'd like us to go back to a time with NO TAXES AT ALL.

Not because I don't think there should be taxes...but so that conservatives will learn that taxes aren't inherently evil.

Some taxes are worthwhile, right? Surely no conservatives are arguing for ZERO taxes at all, right?

Why? You have zero recollection of what life was like under that system. You only have what's in the history books to go on and they show the need to get rid of such a system because it didn't work.

 

[waltky]

Seems like every time there's talk about ending oil companies tax breaks, gas prices go up. Uncle Ferd says it's cause dem oil companies got us by the yin-yang an' dey know it...

Cutting Oil Company Tax Breaks Could Push Prices Up, Analysts Say
Wednesday, April 27, 2011 – President Barack Obama’s call to end “subsidies” for oil companies will not lower the price of gas, but could likely increase it, analysts said Tuesday.

“It will contribute to the increase in oil prices,” said Sterling Burnett, senior fellow for energy and environmental studies at the National Center for Policy Analysis, a free-market think tank. Burnett said the tax breaks were primarily for equipment, which are write-offs available to all businesses. Calling these write-offs “subsidies” was deceptive, he added.

In a letter to House and Senate leaders Tuesday, Obama addressed the rising gas price, the fiscal situation and the tax breaks for gas. “Our outdated tax laws currently provide the oil and gas industry more than $4 billion per year in these subsidies, even though oil prices are high and the industry is projected to report outsized profits this quarter,” he said.

“The recent steep increase in gas prices, driven by increased global demand and compounded by unrest and supply disruptions in the Middle East, has only added to those struggles,” Obama continued. “While there is no silver bullet to address gas prices in the short term, there are steps we can take to ensure the American people don’t fall victim to skyrocketing gas prices over the long term,” he wrote. “One of these steps is to eliminate unwarranted tax breaks to the oil and gas industry and invest that revenue into clean energy to reduce our dependence on foreign oil.”

Obama added that oil company CEOs have said high oil prices give them enough incentive to explore for domestic sources of oil. He called on leaders to work with him in passing an energy policy aimed at becoming independent of foreign oil. “We need 21st Century clean energy economy that will keep American competitive.”

MORE

 

[Zander]

The Democrats had 2 straight years of unassailable majorities in both houses and the rubber stamp of the white house to correct these "important" issues. They could have raised taxes on the "rich" too. What did they do? nada, bubkus, squat. They did nothing about it.

Fortunately useful idiots like Flaylo come along and blame republicans like the dutiful ass licking, faithful servants that they are.


My god, some people are stupid....

 

[sinister59]

Sen. Bernie Sanders: End Tax Breaks for Profitable Corporations

Republicans in the House want to balance the budget by denying more than 200,000 little children the opportunity to receive an early education through Head Start; reducing or eliminating Pell Grants for 9.4 million college students; eliminating primary health care services to 11 million Americans; and delaying Social Security benefits to half a million eligible Americans, among other things.

Before Congress cuts funding for Head Start, Social Security, and financial aid for college, we have got to make sure that large, profitable corporations are paying their fair share of taxes.

At a time when we have a $14.2 trillion national debt and a $1.6 trillion federal deficit, it is unacceptable that Exxon Mobil, General Electric, Bank of America, Chevron, Boeing, and other large, profitable corporations are not only avoiding paying any federal income taxes at all but have actually received huge refund checks from the IRS.

Loopholes in the tax code, offshore tax havens, tax breaks to companies that export American jobs to China, and other tax breaks have allowed giant corporations in America to receive billions in refunds from the IRS.

Meanwhile corporations are sitting on nearly $2 trillion in cash on hand, and big banks have nearly a trillion dollars in excess reserves parked at the Federal Reserve.

In 2005, one out of four large corporations paid no income taxes at all even though they collected $1.1 trillion in revenue over that one-year period.

In 2009, Exxon Mobil made $19 billion in profits. Not only did Exxon not pay any federal income taxes, it actually received a $156 million rebate from the IRS, according to SEC filings.

Huge corporations receiving tax refunds while actually paying no federal income taxes, that fucking tax cheating and highway robbery and what do the Repugs do about it? Nothing, except ask for more of the same.

you hieratic .

corporations are our gods, we give them tax breaks to woo them . no I built it and will make million on my own , no it the government will give me tax money as well as breaks .

and if I decide I want cheap labor / they'll pay me to take my business over seas and not tarif my products when I bring them back to sell you suckers ?

I say screw the poor , tax all religouse , non for profit s, property income tax's and liaisons them all .

the correct thing is to say tax the middle class until its gone .

only the rich who need our money so , and poor we should cut that , oh and our problem is the uppity middle class , they should know their place.
what made us great was people know their place , no collage , no education , just hard work and the same life they didn't know was so special .

rich and poor making our country great again .

 

[The T]

Sen. Bernie Sanders: End Tax Breaks for Profitable Corporations

Republicans in the House want to balance the budget by denying more than 200,000 little children the opportunity to receive an early education through Head Start; reducing or eliminating Pell Grants for 9.4 million college students; eliminating primary health care services to 11 million Americans; and delaying Social Security benefits to half a million eligible Americans, among other things.

Before Congress cuts funding for Head Start, Social Security, and financial aid for college, we have got to make sure that large, profitable corporations are paying their fair share of taxes.

At a time when we have a $14.2 trillion national debt and a $1.6 trillion federal deficit, it is unacceptable that Exxon Mobil, General Electric, Bank of America, Chevron, Boeing, and other large, profitable corporations are not only avoiding paying any federal income taxes at all but have actually received huge refund checks from the IRS.

Loopholes in the tax code, offshore tax havens, tax breaks to companies that export American jobs to China, and other tax breaks have allowed giant corporations in America to receive billions in refunds from the IRS.

Meanwhile corporations are sitting on nearly $2 trillion in cash on hand, and big banks have nearly a trillion dollars in excess reserves parked at the Federal Reserve.

In 2005, one out of four large corporations paid no income taxes at all even though they collected $1.1 trillion in revenue over that one-year period.

In 2009, Exxon Mobil made $19 billion in profits. Not only did Exxon not pay any federal income taxes, it actually received a $156 million rebate from the IRS, according to SEC filings.

Huge corporations receiving tax refunds while actually paying no federal income taxes, that fucking tax cheating and highway robbery and what do the Repugs do about it? Nothing, except ask for more of the same.

you hieratic .

corporations are our gods, we give them tax breaks to woo them . no I built it and will make million on my own , no it the government will give me tax money as well as breaks .

and if I decide I want cheap labor / they'll pay me to take my business over seas and not tarif my products when I bring them back to sell you suckers ?

I say screw the poor , tax all religouse , non for profit s, property income tax's and liaisons them all .

the correct thing is to say tax the middle class until its gone .

only the rich who need our money so , and poor we should cut that , oh and our problem is the uppity middle class , they should know their place.
what made us great was people know their place , no collage , no education , just hard work and the same life they didn't know was so special .

rich and poor making our country great again .

^^LEARN to SPELL^^