Shelzin
Equal Opportunity Asshole
- Jul 15, 2012
- 7,610
- 4,171
- 928
- Banned
- #1
[ame=http://www.youtube.com/watch?v=XnB0NZzl5HA]Mitt Romney on Obama Voters - YouTube[/ame]
Holy mother of god what a stupid thing for him to say. Not to mention it's not even true. Well... Not really... Follow me on this conservatives because most liberals won't agree...
Any tax on a company is essentially a tax not on the company, but on whoever buys the goods right? I mean a company wants to make a certain percentage return on profit, and if it doesn't get it there isn't any point in actually giving the good or service.
Well... There is a corporate tax.
Taxable Income ($) Tax Rate[22]
0 to 50,000------------------------15%
50,000 to 75,000-----------------$7,500 + 25% Of the amount over 50,000
75,000 to 100,000----------------$13,750 + 34% Of the amount over 75,000
100,000 to 335,000--------------- $22,250 + 39% Of the amount over 100,000
335,000 to 10,000,000------------$113,900 + 34% Of the amount over 335,000
10,000,000 to 15,000,000---------$3,400,000 + 35% Of the amount over 10,000,000
15,000,000 to 18,333,333----------$5,150,000 + 38% Of the amount over 15,000,000
18,333,333 and up 35%
Hey... Sure... That 47% may not pay income tax... But they sure as hell buy food, clothing, shelter, and anything and everything from Walmart. Oh they pay taxes, it's just hidden in corporate tax.
That's how I see it... Feel free to punch any hole in that you can... I'm listening.
Holy mother of god what a stupid thing for him to say. Not to mention it's not even true. Well... Not really... Follow me on this conservatives because most liberals won't agree...
Any tax on a company is essentially a tax not on the company, but on whoever buys the goods right? I mean a company wants to make a certain percentage return on profit, and if it doesn't get it there isn't any point in actually giving the good or service.
Well... There is a corporate tax.
Taxable Income ($) Tax Rate[22]
0 to 50,000------------------------15%
50,000 to 75,000-----------------$7,500 + 25% Of the amount over 50,000
75,000 to 100,000----------------$13,750 + 34% Of the amount over 75,000
100,000 to 335,000--------------- $22,250 + 39% Of the amount over 100,000
335,000 to 10,000,000------------$113,900 + 34% Of the amount over 335,000
10,000,000 to 15,000,000---------$3,400,000 + 35% Of the amount over 10,000,000
15,000,000 to 18,333,333----------$5,150,000 + 38% Of the amount over 15,000,000
18,333,333 and up 35%
Hey... Sure... That 47% may not pay income tax... But they sure as hell buy food, clothing, shelter, and anything and everything from Walmart. Oh they pay taxes, it's just hidden in corporate tax.
That's how I see it... Feel free to punch any hole in that you can... I'm listening.