Remember when GE paid no taxes under their messiah?

[Cellblock2429]

Now, they will feign outrage about any company getting tax relief, which always leads to business expansion and hiring.

When the left credit their black messiah did good things for the economy, do they know he did things like this?

I personally did not mind that. Leads to hiring.

The left now all of a sudden go to their bullshit claims.

Such fucking ignorant losers.

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

/----/ "Yes we did mind that GE paid no taxes."
Then you're not very astute when it comes to business. So tell us, why do you care?

Great question you house slave.

Nobles Need Not Pay Taxes

Corporations are taxed because they use public services, and are therefore expected to help pay for them - the same as citizens.

Corporations make use of a work force educated in public schools paid for with tax dollars. They use roads and highways paid for with tax dollars. They use water, sewer, and power and communications rights-of-way paid for with taxes. They demand the same protection from fire and police departments as everybody else, and enjoy the benefits of national sovereignty and the stability provided by the military and institutions like NATO and the United Nations, the same as all residents of democratic nations.

In fact, corporations are heavier users of taxpayer-provided services and institutions than are average citizens. Taxes pay for our court systems, which are most heavily used by corporations to enforce contracts. Taxes pay for our Treasury Department and other governmental institutions which maintain a stable currency essential to corporate activity. Taxes pay for our regulation of corporate activity, from assuring safety in the workplace to a pure food and drug supply to limiting toxic emissions.

Under George W. Bush, the burden of cleaning up toxic wastes produced by corporate activity has largely shifted from polluter-funded Superfund and other programs to taxpayer-funded cleanups (as he did in Texas as governor there before becoming President).

Every year, millions of cases of cancer, emphysema, neurological disorders, and other conditions caused by corporate pollution are paid for in whole or in part by government funded programs from Medicare to Medicaid to government subsidies of hospitals, universities, and research institutions funded by tax dollars through the NIH and NIMH.

Because it's well understood that corporations use our tax-funded institutions at least as heavily as do citizens, they've traditionally been taxed at similar rates. For example, the top corporate tax rate in the US was 48% during the Carter administration, down from the a peak of 53% during the Eisenhower and Kennedy years.

Today it stands at 35%, but in May of 2001 Bush administration Treasury Secretary Paul O'Neill suggested there should be no corporate income tax whatsoever. This was the opening salvo in a very real war to have working people bear all the costs of the commons and governance, while the wealthy corporate elite derive most of its benefits.

And, as George H.W. Bush pointed out when he was president, this isn't just an American phenomenon. It's a New World Order.

/----/ I get it. This is how you sell higher indirect taxes on the poor who pay no income tax. You kick them in the nuts with an indirect tax disguised at the populist tax on corporations. BRILLIANT.

It took some digging but here is the proof:
Operating Costs
The rental of computer systems or other technology-related expenses are included in this category. Postage and office supplies are operating costs most companies incur on a monthly basis. Taxes or license fees the company pays on a scheduled basis are also part of operating costs. Dues for memberships or subscriptions to publications are other overhead costs often incurred. What Is Corporate Overhead Cost?

Huh?

You don't realize this tax break will eventually shift the tax burden more onto us, the middle class?

Ryan’s Secret Plan to Shift the Tax Burden Onto the Middle Class - Center for American Progress

/-----/ "HUH?"

Oh, don't be so clever by playing stupid. Here is some more proof you can use to fool the poor into paying indirect taxes all day long:
Examples of Overhead Costs
Overhead costs are a key component for making up the total cost to run a business, and are made up of ongoing costs that must be paid regardless of the company’s current volume of business. Direct labor costs, direct materials and direct costs (like raw materials), however, are not overhead costs. Common overhead costs and overhead expenses include:

• Rent and Utilities
• Repairs and Maintenance
• Insurance
• Office Supplies
• Accounting
• Taxes
• Human Resources (Only salaries for administrative employees that handle tasks like hiring, onboarding, etc. Does not apply to non-HR staff.)

 

[Cellblock2429]

Now, they will feign outrage about any company getting tax relief, which always leads to business expansion and hiring.

When the left credit their black messiah did good things for the economy, do they know he did things like this?

I personally did not mind that. Leads to hiring.

The left now all of a sudden go to their bullshit claims.

Such fucking ignorant losers.

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

/----/ "Yes we did mind that GE paid no taxes."
Then you're not very astute when it comes to business. So tell us, why do you care?

Great question you house slave.

Nobles Need Not Pay Taxes

Corporations are taxed because they use public services, and are therefore expected to help pay for them - the same as citizens.

Corporations make use of a work force educated in public schools paid for with tax dollars. They use roads and highways paid for with tax dollars. They use water, sewer, and power and communications rights-of-way paid for with taxes. They demand the same protection from fire and police departments as everybody else, and enjoy the benefits of national sovereignty and the stability provided by the military and institutions like NATO and the United Nations, the same as all residents of democratic nations.

In fact, corporations are heavier users of taxpayer-provided services and institutions than are average citizens. Taxes pay for our court systems, which are most heavily used by corporations to enforce contracts. Taxes pay for our Treasury Department and other governmental institutions which maintain a stable currency essential to corporate activity. Taxes pay for our regulation of corporate activity, from assuring safety in the workplace to a pure food and drug supply to limiting toxic emissions.

Under George W. Bush, the burden of cleaning up toxic wastes produced by corporate activity has largely shifted from polluter-funded Superfund and other programs to taxpayer-funded cleanups (as he did in Texas as governor there before becoming President).

Every year, millions of cases of cancer, emphysema, neurological disorders, and other conditions caused by corporate pollution are paid for in whole or in part by government funded programs from Medicare to Medicaid to government subsidies of hospitals, universities, and research institutions funded by tax dollars through the NIH and NIMH.

Because it's well understood that corporations use our tax-funded institutions at least as heavily as do citizens, they've traditionally been taxed at similar rates. For example, the top corporate tax rate in the US was 48% during the Carter administration, down from the a peak of 53% during the Eisenhower and Kennedy years.

Today it stands at 35%, but in May of 2001 Bush administration Treasury Secretary Paul O'Neill suggested there should be no corporate income tax whatsoever. This was the opening salvo in a very real war to have working people bear all the costs of the commons and governance, while the wealthy corporate elite derive most of its benefits.

And, as George H.W. Bush pointed out when he was president, this isn't just an American phenomenon. It's a New World Order.

/----/ I get it. This is how you sell higher indirect taxes on the poor who pay no income tax. You kick them in the nuts with an indirect tax disguised at the populist tax on corporations. BRILLIANT.

It took some digging but here is the proof:
Operating Costs
The rental of computer systems or other technology-related expenses are included in this category. Postage and office supplies are operating costs most companies incur on a monthly basis. Taxes or license fees the company pays on a scheduled basis are also part of operating costs. Dues for memberships or subscriptions to publications are other overhead costs often incurred. What Is Corporate Overhead Cost?

Even our Republican governor did this to us here in Michigan.

Snyder budgets shifted tax burden from corporations to individuals

So in 30 years when you're pretty much making the same then as you are now, after adjusting for inflation, and the rich are richer than ever, don't blame Democrats. It was Republicans who cut corporate tax breaks. Now corporations pay no taxes which means your local and state and even federal taxes will have to go up.

/----/ WOWZA you're going to have the poor screeching for higher corporate taxes. You old dog - you.
Are Most Corporate Tax Hikes Passed on to Consumers? - Financial Web
...there are times when a corporation is left with little choice but to increase prices, and one of the reasons a corporation may consider increasing prices is whenever government entities impose higher tax rates or tax percentages on the corporation and its revenues. This is because a corporation needs to maintain profits to ensure returns for investors and shareholders as well as meet obligations of the corporation. When taxes impact profits, prices are usually raised to help offset the additional costs of doing business, and the consumer pays a higher price for goods and services at the cash register.

 

[RealDave]

I remember ghow

Now, they will feign outrage about any company getting tax relief, which always leads to business expansion and hiring.

When the left credit their black messiah did good things for the economy, do they know he did things like this?

I personally did not mind that. Leads to hiring.

The left now all of a sudden go to their bullshit claims.

Such fucking ignorant losers.

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

I remember how you ignorant fucks had a meltdown.

GE had massive losses from their finance division.

Furthrermore you stupid fuck, tax cuts for companies not paying taxes are meaningless.

 

[Cellblock2429]

Now, they will feign outrage about any company getting tax relief, which always leads to business expansion and hiring.

When the left credit their black messiah did good things for the economy, do they know he did things like this?

I personally did not mind that. Leads to hiring.

The left now all of a sudden go to their bullshit claims.

Such fucking ignorant losers.

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

/----/ "Yes we did mind that GE paid no taxes."
Then you're not very astute when it comes to business. So tell us, why do you care?

Great question you house slave.

Nobles Need Not Pay Taxes

Corporations are taxed because they use public services, and are therefore expected to help pay for them - the same as citizens.

Corporations make use of a work force educated in public schools paid for with tax dollars. They use roads and highways paid for with tax dollars. They use water, sewer, and power and communications rights-of-way paid for with taxes. They demand the same protection from fire and police departments as everybody else, and enjoy the benefits of national sovereignty and the stability provided by the military and institutions like NATO and the United Nations, the same as all residents of democratic nations.

In fact, corporations are heavier users of taxpayer-provided services and institutions than are average citizens. Taxes pay for our court systems, which are most heavily used by corporations to enforce contracts. Taxes pay for our Treasury Department and other governmental institutions which maintain a stable currency essential to corporate activity. Taxes pay for our regulation of corporate activity, from assuring safety in the workplace to a pure food and drug supply to limiting toxic emissions.

Under George W. Bush, the burden of cleaning up toxic wastes produced by corporate activity has largely shifted from polluter-funded Superfund and other programs to taxpayer-funded cleanups (as he did in Texas as governor there before becoming President).

Every year, millions of cases of cancer, emphysema, neurological disorders, and other conditions caused by corporate pollution are paid for in whole or in part by government funded programs from Medicare to Medicaid to government subsidies of hospitals, universities, and research institutions funded by tax dollars through the NIH and NIMH.

Because it's well understood that corporations use our tax-funded institutions at least as heavily as do citizens, they've traditionally been taxed at similar rates. For example, the top corporate tax rate in the US was 48% during the Carter administration, down from the a peak of 53% during the Eisenhower and Kennedy years.

Today it stands at 35%, but in May of 2001 Bush administration Treasury Secretary Paul O'Neill suggested there should be no corporate income tax whatsoever. This was the opening salvo in a very real war to have working people bear all the costs of the commons and governance, while the wealthy corporate elite derive most of its benefits.

And, as George H.W. Bush pointed out when he was president, this isn't just an American phenomenon. It's a New World Order.

/----/ I get it. This is how you sell higher indirect taxes on the poor who pay no income tax. You kick them in the nuts with an indirect tax disguised at the populist tax on corporations. BRILLIANT.

It took some digging but here is the proof:
Operating Costs
The rental of computer systems or other technology-related expenses are included in this category. Postage and office supplies are operating costs most companies incur on a monthly basis. Taxes or license fees the company pays on a scheduled basis are also part of operating costs. Dues for memberships or subscriptions to publications are other overhead costs often incurred. What Is Corporate Overhead Cost?

Huh?

You don't realize this tax break will eventually shift the tax burden more onto us, the middle class?

Ryan’s Secret Plan to Shift the Tax Burden Onto the Middle Class - Center for American Progress

/----/ Here is how you get poor to pay indirect income tax. Stick em every time they gas up to get to work or the grocery store.
New York, Farmingdale: $2.61 price per gallon CASH
Cost of gas without tax $2.14
State gasoline tax: 25.85 cents per gallon.
Federal gasoline tax: 18.4 cents per gallon.
Combined federal and state gas tax: 44.25 cents per gallon.

New York City: $2.91 per gallon
NYC gasoline tax: 30 cents
Federal gasoline tax: 18.4 cents per gallon.
Combined federal and state gas tax: 74.25 cents per gallon.

BUT HAVE NO FEAR: wait a week or so and another Libtard will demand we raise Corporate Taxes. It never fails. BUT BUT BUT GE PAID NO TAXES.

 

[Papageorgio]

Now, they will feign outrage about any company getting tax relief, which always leads to business expansion and hiring.

When the left credit their black messiah did good things for the economy, do they know he did things like this?

I personally did not mind that. Leads to hiring.

The left now all of a sudden go to their bullshit claims.

Such fucking ignorant losers.

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

/----/ "Yes we did mind that GE paid no taxes."
Then you're not very astute when it comes to business. So tell us, why do you care?

Great question you house slave.

Nobles Need Not Pay Taxes

Corporations are taxed because they use public services, and are therefore expected to help pay for them - the same as citizens.

Corporations make use of a work force educated in public schools paid for with tax dollars. They use roads and highways paid for with tax dollars. They use water, sewer, and power and communications rights-of-way paid for with taxes. They demand the same protection from fire and police departments as everybody else, and enjoy the benefits of national sovereignty and the stability provided by the military and institutions like NATO and the United Nations, the same as all residents of democratic nations.

In fact, corporations are heavier users of taxpayer-provided services and institutions than are average citizens. Taxes pay for our court systems, which are most heavily used by corporations to enforce contracts. Taxes pay for our Treasury Department and other governmental institutions which maintain a stable currency essential to corporate activity. Taxes pay for our regulation of corporate activity, from assuring safety in the workplace to a pure food and drug supply to limiting toxic emissions.

Under George W. Bush, the burden of cleaning up toxic wastes produced by corporate activity has largely shifted from polluter-funded Superfund and other programs to taxpayer-funded cleanups (as he did in Texas as governor there before becoming President).

Every year, millions of cases of cancer, emphysema, neurological disorders, and other conditions caused by corporate pollution are paid for in whole or in part by government funded programs from Medicare to Medicaid to government subsidies of hospitals, universities, and research institutions funded by tax dollars through the NIH and NIMH.

Because it's well understood that corporations use our tax-funded institutions at least as heavily as do citizens, they've traditionally been taxed at similar rates. For example, the top corporate tax rate in the US was 48% during the Carter administration, down from the a peak of 53% during the Eisenhower and Kennedy years.

Today it stands at 35%, but in May of 2001 Bush administration Treasury Secretary Paul O'Neill suggested there should be no corporate income tax whatsoever. This was the opening salvo in a very real war to have working people bear all the costs of the commons and governance, while the wealthy corporate elite derive most of its benefits.

And, as George H.W. Bush pointed out when he was president, this isn't just an American phenomenon. It's a New World Order.

/----/ I get it. This is how you sell higher indirect taxes on the poor who pay no income tax. You kick them in the nuts with an indirect tax disguised at the populist tax on corporations. BRILLIANT.

It took some digging but here is the proof:
Operating Costs
The rental of computer systems or other technology-related expenses are included in this category. Postage and office supplies are operating costs most companies incur on a monthly basis. Taxes or license fees the company pays on a scheduled basis are also part of operating costs. Dues for memberships or subscriptions to publications are other overhead costs often incurred. What Is Corporate Overhead Cost?

Huh?

You don't realize this tax break will eventually shift the tax burden more onto us, the middle class?

Ryan’s Secret Plan to Shift the Tax Burden Onto the Middle Class - Center for American Progress

The tax burden has always shifted to the middle class. The two party system has worked that way for decades.

 

[sealybobo]

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

/----/ "Yes we did mind that GE paid no taxes."
Then you're not very astute when it comes to business. So tell us, why do you care?

Great question you house slave.

Nobles Need Not Pay Taxes

Corporations are taxed because they use public services, and are therefore expected to help pay for them - the same as citizens.

Corporations make use of a work force educated in public schools paid for with tax dollars. They use roads and highways paid for with tax dollars. They use water, sewer, and power and communications rights-of-way paid for with taxes. They demand the same protection from fire and police departments as everybody else, and enjoy the benefits of national sovereignty and the stability provided by the military and institutions like NATO and the United Nations, the same as all residents of democratic nations.

In fact, corporations are heavier users of taxpayer-provided services and institutions than are average citizens. Taxes pay for our court systems, which are most heavily used by corporations to enforce contracts. Taxes pay for our Treasury Department and other governmental institutions which maintain a stable currency essential to corporate activity. Taxes pay for our regulation of corporate activity, from assuring safety in the workplace to a pure food and drug supply to limiting toxic emissions.

Under George W. Bush, the burden of cleaning up toxic wastes produced by corporate activity has largely shifted from polluter-funded Superfund and other programs to taxpayer-funded cleanups (as he did in Texas as governor there before becoming President).

Every year, millions of cases of cancer, emphysema, neurological disorders, and other conditions caused by corporate pollution are paid for in whole or in part by government funded programs from Medicare to Medicaid to government subsidies of hospitals, universities, and research institutions funded by tax dollars through the NIH and NIMH.

Because it's well understood that corporations use our tax-funded institutions at least as heavily as do citizens, they've traditionally been taxed at similar rates. For example, the top corporate tax rate in the US was 48% during the Carter administration, down from the a peak of 53% during the Eisenhower and Kennedy years.

Today it stands at 35%, but in May of 2001 Bush administration Treasury Secretary Paul O'Neill suggested there should be no corporate income tax whatsoever. This was the opening salvo in a very real war to have working people bear all the costs of the commons and governance, while the wealthy corporate elite derive most of its benefits.

And, as George H.W. Bush pointed out when he was president, this isn't just an American phenomenon. It's a New World Order.

/----/ I get it. This is how you sell higher indirect taxes on the poor who pay no income tax. You kick them in the nuts with an indirect tax disguised at the populist tax on corporations. BRILLIANT.

It took some digging but here is the proof:
Operating Costs
The rental of computer systems or other technology-related expenses are included in this category. Postage and office supplies are operating costs most companies incur on a monthly basis. Taxes or license fees the company pays on a scheduled basis are also part of operating costs. Dues for memberships or subscriptions to publications are other overhead costs often incurred. What Is Corporate Overhead Cost?

Huh?

You don't realize this tax break will eventually shift the tax burden more onto us, the middle class?

Ryan’s Secret Plan to Shift the Tax Burden Onto the Middle Class - Center for American Progress

/-----/ "HUH?"

Oh, don't be so clever by playing stupid. Here is some more proof you can use to fool the poor into paying indirect taxes all day long:
Examples of Overhead Costs
Overhead costs are a key component for making up the total cost to run a business, and are made up of ongoing costs that must be paid regardless of the company’s current volume of business. Direct labor costs, direct materials and direct costs (like raw materials), however, are not overhead costs. Common overhead costs and overhead expenses include:

• Rent and Utilities
• Repairs and Maintenance
• Insurance
• Office Supplies
• Accounting
• Taxes
• Human Resources (Only salaries for administrative employees that handle tasks like hiring, onboarding, etc. Does not apply to non-HR staff.)

These are also ways they stick it to the middle class

 

[sealybobo]

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

thanks,,,
its great news to hear more people and companies get to keep more of the money they earned and the government get less

lest see if we can increase this,,,

Wake the fuck up

During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years. Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates.
the U.S. debt. He promised to grow the economy 6 percent annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5 percent to 4 percent.

These projections are above the 2-3 percent healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4 percent and 2.9 percent annually.
Trump promised to achieve 4 percent growth with tax cuts. In his first 100 days, he released the outline of would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35 percent to 21 percent beginning in 2018. The top individual income tax rate drops to 37 percent. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.


But Trump's tax cuts won't stimulate the economy enough to make up for lost tax revenue. According to the Laffer curve, tax cuts only do that when the rates were above 50 percent. It worked during the Reagan administration because the highest tax rate was 70 percent.


Trump’s second strategy is to “eliminate waste and redundancy in federal spending.” He demonstrated cost-consciousness in his campaign. He used his Twitter account and rallies instead of expensive television ads. He outlined his cost-cutting strategies in his book, "The Art of the Deal."


Trump was right that there is waste in federal spending. The problem isn't finding it. Both Presidents Bush and Obama did that. The problem is in cutting it. Each program has a constituency that lobbies Congress. Eliminating these benefits loses voters and contributors. Congress will agree to cut spending in someone else’s district, but not in their own.


Any president must cut into the biggest programs to make an impact on the debt. More than two-thirds of government spending goes to mandatory obligations made by previous Acts of Congress. For FY 2020, Social Security benefits cost $1 trillion a year, Medicare costs $679 billion, and Medicaid costs $418 billion. The interest on the debt is $479 billion.


To lower the debt, military spending must also be cut. The most Obama spent was $855 billion in FY 2011. The most Bush spent was $666 billion in FY 2008. Instead of cutting, Trump is breaking all those records. Military spending rose to $989 billion in FY 2020.

What article are you linking?

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

 

[progressive hunter]

/----/ "Yes we did mind that GE paid no taxes."
Then you're not very astute when it comes to business. So tell us, why do you care?

Great question you house slave.

Nobles Need Not Pay Taxes

Corporations are taxed because they use public services, and are therefore expected to help pay for them - the same as citizens.

Corporations make use of a work force educated in public schools paid for with tax dollars. They use roads and highways paid for with tax dollars. They use water, sewer, and power and communications rights-of-way paid for with taxes. They demand the same protection from fire and police departments as everybody else, and enjoy the benefits of national sovereignty and the stability provided by the military and institutions like NATO and the United Nations, the same as all residents of democratic nations.

In fact, corporations are heavier users of taxpayer-provided services and institutions than are average citizens. Taxes pay for our court systems, which are most heavily used by corporations to enforce contracts. Taxes pay for our Treasury Department and other governmental institutions which maintain a stable currency essential to corporate activity. Taxes pay for our regulation of corporate activity, from assuring safety in the workplace to a pure food and drug supply to limiting toxic emissions.

Under George W. Bush, the burden of cleaning up toxic wastes produced by corporate activity has largely shifted from polluter-funded Superfund and other programs to taxpayer-funded cleanups (as he did in Texas as governor there before becoming President).

Every year, millions of cases of cancer, emphysema, neurological disorders, and other conditions caused by corporate pollution are paid for in whole or in part by government funded programs from Medicare to Medicaid to government subsidies of hospitals, universities, and research institutions funded by tax dollars through the NIH and NIMH.

Because it's well understood that corporations use our tax-funded institutions at least as heavily as do citizens, they've traditionally been taxed at similar rates. For example, the top corporate tax rate in the US was 48% during the Carter administration, down from the a peak of 53% during the Eisenhower and Kennedy years.

Today it stands at 35%, but in May of 2001 Bush administration Treasury Secretary Paul O'Neill suggested there should be no corporate income tax whatsoever. This was the opening salvo in a very real war to have working people bear all the costs of the commons and governance, while the wealthy corporate elite derive most of its benefits.

And, as George H.W. Bush pointed out when he was president, this isn't just an American phenomenon. It's a New World Order.

/----/ I get it. This is how you sell higher indirect taxes on the poor who pay no income tax. You kick them in the nuts with an indirect tax disguised at the populist tax on corporations. BRILLIANT.

It took some digging but here is the proof:
Operating Costs
The rental of computer systems or other technology-related expenses are included in this category. Postage and office supplies are operating costs most companies incur on a monthly basis. Taxes or license fees the company pays on a scheduled basis are also part of operating costs. Dues for memberships or subscriptions to publications are other overhead costs often incurred. What Is Corporate Overhead Cost?

Huh?

You don't realize this tax break will eventually shift the tax burden more onto us, the middle class?

Ryan’s Secret Plan to Shift the Tax Burden Onto the Middle Class - Center for American Progress

/-----/ "HUH?"

Oh, don't be so clever by playing stupid. Here is some more proof you can use to fool the poor into paying indirect taxes all day long:
Examples of Overhead Costs
Overhead costs are a key component for making up the total cost to run a business, and are made up of ongoing costs that must be paid regardless of the company’s current volume of business. Direct labor costs, direct materials and direct costs (like raw materials), however, are not overhead costs. Common overhead costs and overhead expenses include:

• Rent and Utilities
• Repairs and Maintenance
• Insurance
• Office Supplies
• Accounting
• Taxes
• Human Resources (Only salaries for administrative employees that handle tasks like hiring, onboarding, etc. Does not apply to non-HR staff.)

These are also ways they stick it to the middle class

who is "they"???

 

[Papageorgio]

Now, they will feign outrage about any company getting tax relief, which always leads to business expansion and hiring.

When the left credit their black messiah did good things for the economy, do they know he did things like this?

I personally did not mind that. Leads to hiring.

The left now all of a sudden go to their bullshit claims.

Such fucking ignorant losers.

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

thanks,,,
its great news to hear more people and companies get to keep more of the money they earned and the government get less

lest see if we can increase this,,,

That's a different discussion all together. The point is in 2007 you guys pointed to the fact that GE was paying zero taxes and that Obama made the GE CEO a jobs Czar. You were trying to suggest that it is the Democrats who are the corporate sellouts.

So now we see the number of companies that pay zero taxes doubled under Trump.

This proves that it's the Republicans who are the corporate sellouts and the party of the rich. Don't try to spin this into the fact you don't think corporations should pay taxes.

But then your taxes will go up. Dummy

Many if not all of the corporations that did not pay taxes and made a profit is that they are holding their profits overseas. The is how GE and other companies have done it and they are all learning the trick. In 2013 GE held several billion outside the country where tax rates are lower. About $600 billion in profits sit outside the states. Then businesses use depreciation and other tricks. The United States need to close up the loo[holes however neither party is interested in that.

 

[progressive hunter]

thanks,,,
its great news to hear more people and companies get to keep more of the money they earned and the government get less

lest see if we can increase this,,,

Wake the fuck up

During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years. Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates.
the U.S. debt. He promised to grow the economy 6 percent annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5 percent to 4 percent.

These projections are above the 2-3 percent healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4 percent and 2.9 percent annually.
Trump promised to achieve 4 percent growth with tax cuts. In his first 100 days, he released the outline of would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35 percent to 21 percent beginning in 2018. The top individual income tax rate drops to 37 percent. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.


But Trump's tax cuts won't stimulate the economy enough to make up for lost tax revenue. According to the Laffer curve, tax cuts only do that when the rates were above 50 percent. It worked during the Reagan administration because the highest tax rate was 70 percent.


Trump’s second strategy is to “eliminate waste and redundancy in federal spending.” He demonstrated cost-consciousness in his campaign. He used his Twitter account and rallies instead of expensive television ads. He outlined his cost-cutting strategies in his book, "The Art of the Deal."


Trump was right that there is waste in federal spending. The problem isn't finding it. Both Presidents Bush and Obama did that. The problem is in cutting it. Each program has a constituency that lobbies Congress. Eliminating these benefits loses voters and contributors. Congress will agree to cut spending in someone else’s district, but not in their own.


Any president must cut into the biggest programs to make an impact on the debt. More than two-thirds of government spending goes to mandatory obligations made by previous Acts of Congress. For FY 2020, Social Security benefits cost $1 trillion a year, Medicare costs $679 billion, and Medicaid costs $418 billion. The interest on the debt is $479 billion.


To lower the debt, military spending must also be cut. The most Obama spent was $855 billion in FY 2011. The most Bush spent was $666 billion in FY 2008. Instead of cutting, Trump is breaking all those records. Military spending rose to $989 billion in FY 2020.

What article are you linking?

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

its not their job to pass it on to us,,,thats not what taxs are used for,,,


read the constitution and it will tell you what they are used for,,,

 

[Muhammed]

Revolving Door : Search Results | OpenSecrets

 

[Cellblock2429]

thanks,,,
its great news to hear more people and companies get to keep more of the money they earned and the government get less

lest see if we can increase this,,,

Wake the fuck up

During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years. Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates.
the U.S. debt. He promised to grow the economy 6 percent annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5 percent to 4 percent.

These projections are above the 2-3 percent healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4 percent and 2.9 percent annually.
Trump promised to achieve 4 percent growth with tax cuts. In his first 100 days, he released the outline of would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35 percent to 21 percent beginning in 2018. The top individual income tax rate drops to 37 percent. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.


But Trump's tax cuts won't stimulate the economy enough to make up for lost tax revenue. According to the Laffer curve, tax cuts only do that when the rates were above 50 percent. It worked during the Reagan administration because the highest tax rate was 70 percent.


Trump’s second strategy is to “eliminate waste and redundancy in federal spending.” He demonstrated cost-consciousness in his campaign. He used his Twitter account and rallies instead of expensive television ads. He outlined his cost-cutting strategies in his book, "The Art of the Deal."


Trump was right that there is waste in federal spending. The problem isn't finding it. Both Presidents Bush and Obama did that. The problem is in cutting it. Each program has a constituency that lobbies Congress. Eliminating these benefits loses voters and contributors. Congress will agree to cut spending in someone else’s district, but not in their own.


Any president must cut into the biggest programs to make an impact on the debt. More than two-thirds of government spending goes to mandatory obligations made by previous Acts of Congress. For FY 2020, Social Security benefits cost $1 trillion a year, Medicare costs $679 billion, and Medicaid costs $418 billion. The interest on the debt is $479 billion.


To lower the debt, military spending must also be cut. The most Obama spent was $855 billion in FY 2011. The most Bush spent was $666 billion in FY 2008. Instead of cutting, Trump is breaking all those records. Military spending rose to $989 billion in FY 2020.

What article are you linking?

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

/—-/ Some do, some don’t with a myriad of combinations. Besides, it’s none of your business what people or companies do with their own money.

 

[Papageorgio]

thanks,,,
its great news to hear more people and companies get to keep more of the money they earned and the government get less

lest see if we can increase this,,,

Wake the fuck up

During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years. Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates.
the U.S. debt. He promised to grow the economy 6 percent annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5 percent to 4 percent.

These projections are above the 2-3 percent healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4 percent and 2.9 percent annually.
Trump promised to achieve 4 percent growth with tax cuts. In his first 100 days, he released the outline of would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35 percent to 21 percent beginning in 2018. The top individual income tax rate drops to 37 percent. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.


But Trump's tax cuts won't stimulate the economy enough to make up for lost tax revenue. According to the Laffer curve, tax cuts only do that when the rates were above 50 percent. It worked during the Reagan administration because the highest tax rate was 70 percent.


Trump’s second strategy is to “eliminate waste and redundancy in federal spending.” He demonstrated cost-consciousness in his campaign. He used his Twitter account and rallies instead of expensive television ads. He outlined his cost-cutting strategies in his book, "The Art of the Deal."


Trump was right that there is waste in federal spending. The problem isn't finding it. Both Presidents Bush and Obama did that. The problem is in cutting it. Each program has a constituency that lobbies Congress. Eliminating these benefits loses voters and contributors. Congress will agree to cut spending in someone else’s district, but not in their own.


Any president must cut into the biggest programs to make an impact on the debt. More than two-thirds of government spending goes to mandatory obligations made by previous Acts of Congress. For FY 2020, Social Security benefits cost $1 trillion a year, Medicare costs $679 billion, and Medicaid costs $418 billion. The interest on the debt is $479 billion.


To lower the debt, military spending must also be cut. The most Obama spent was $855 billion in FY 2011. The most Bush spent was $666 billion in FY 2008. Instead of cutting, Trump is breaking all those records. Military spending rose to $989 billion in FY 2020.

What article are you linking?

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

My pricing for products were directly influenced by expenses. I took all expenses added it in to my cost of goods and then set the prices, usually between 40%-60% mark up depending on the goods. Today the company I work for do the same when are determining the price of our service. Taxes always figure in cost.

 

[sealybobo]

Wake the fuck up

During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years. Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates.
the U.S. debt. He promised to grow the economy 6 percent annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5 percent to 4 percent.

These projections are above the 2-3 percent healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4 percent and 2.9 percent annually.
Trump promised to achieve 4 percent growth with tax cuts. In his first 100 days, he released the outline of would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35 percent to 21 percent beginning in 2018. The top individual income tax rate drops to 37 percent. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.


But Trump's tax cuts won't stimulate the economy enough to make up for lost tax revenue. According to the Laffer curve, tax cuts only do that when the rates were above 50 percent. It worked during the Reagan administration because the highest tax rate was 70 percent.


Trump’s second strategy is to “eliminate waste and redundancy in federal spending.” He demonstrated cost-consciousness in his campaign. He used his Twitter account and rallies instead of expensive television ads. He outlined his cost-cutting strategies in his book, "The Art of the Deal."


Trump was right that there is waste in federal spending. The problem isn't finding it. Both Presidents Bush and Obama did that. The problem is in cutting it. Each program has a constituency that lobbies Congress. Eliminating these benefits loses voters and contributors. Congress will agree to cut spending in someone else’s district, but not in their own.


Any president must cut into the biggest programs to make an impact on the debt. More than two-thirds of government spending goes to mandatory obligations made by previous Acts of Congress. For FY 2020, Social Security benefits cost $1 trillion a year, Medicare costs $679 billion, and Medicaid costs $418 billion. The interest on the debt is $479 billion.


To lower the debt, military spending must also be cut. The most Obama spent was $855 billion in FY 2011. The most Bush spent was $666 billion in FY 2008. Instead of cutting, Trump is breaking all those records. Military spending rose to $989 billion in FY 2020.

What article are you linking?

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

My pricing for products were directly influenced by expenses. I took all expenses added it in to my cost of goods and then set the prices, usually between 40%-60% mark up depending on the goods. Today the company I work for do the same when are determining the price of our service. Taxes always figure in cost.

True but Walmart did not pass on their savings they got

 

[danielpalos]

Yes we did mind that GE paid no taxes.

Twice as many companies paying zero taxes under Trump tax bill

/----/ "Yes we did mind that GE paid no taxes."
Then you're not very astute when it comes to business. So tell us, why do you care?

Great question you house slave.

Nobles Need Not Pay Taxes

Corporations are taxed because they use public services, and are therefore expected to help pay for them - the same as citizens.

Corporations make use of a work force educated in public schools paid for with tax dollars. They use roads and highways paid for with tax dollars. They use water, sewer, and power and communications rights-of-way paid for with taxes. They demand the same protection from fire and police departments as everybody else, and enjoy the benefits of national sovereignty and the stability provided by the military and institutions like NATO and the United Nations, the same as all residents of democratic nations.

In fact, corporations are heavier users of taxpayer-provided services and institutions than are average citizens. Taxes pay for our court systems, which are most heavily used by corporations to enforce contracts. Taxes pay for our Treasury Department and other governmental institutions which maintain a stable currency essential to corporate activity. Taxes pay for our regulation of corporate activity, from assuring safety in the workplace to a pure food and drug supply to limiting toxic emissions.

Under George W. Bush, the burden of cleaning up toxic wastes produced by corporate activity has largely shifted from polluter-funded Superfund and other programs to taxpayer-funded cleanups (as he did in Texas as governor there before becoming President).

Every year, millions of cases of cancer, emphysema, neurological disorders, and other conditions caused by corporate pollution are paid for in whole or in part by government funded programs from Medicare to Medicaid to government subsidies of hospitals, universities, and research institutions funded by tax dollars through the NIH and NIMH.

Because it's well understood that corporations use our tax-funded institutions at least as heavily as do citizens, they've traditionally been taxed at similar rates. For example, the top corporate tax rate in the US was 48% during the Carter administration, down from the a peak of 53% during the Eisenhower and Kennedy years.

Today it stands at 35%, but in May of 2001 Bush administration Treasury Secretary Paul O'Neill suggested there should be no corporate income tax whatsoever. This was the opening salvo in a very real war to have working people bear all the costs of the commons and governance, while the wealthy corporate elite derive most of its benefits.

And, as George H.W. Bush pointed out when he was president, this isn't just an American phenomenon. It's a New World Order.

/----/ I get it. This is how you sell higher indirect taxes on the poor who pay no income tax. You kick them in the nuts with an indirect tax disguised at the populist tax on corporations. BRILLIANT.

It took some digging but here is the proof:
Operating Costs
The rental of computer systems or other technology-related expenses are included in this category. Postage and office supplies are operating costs most companies incur on a monthly basis. Taxes or license fees the company pays on a scheduled basis are also part of operating costs. Dues for memberships or subscriptions to publications are other overhead costs often incurred. What Is Corporate Overhead Cost?

Huh?

You don't realize this tax break will eventually shift the tax burden more onto us, the middle class?

Ryan’s Secret Plan to Shift the Tax Burden Onto the Middle Class - Center for American Progress

/----/ Here is how you get poor to pay indirect income tax. Stick em every time they gas up to get to work or the grocery store.
New York, Farmingdale: $2.61 price per gallon CASH
Cost of gas without tax $2.14
State gasoline tax: 25.85 cents per gallon.
Federal gasoline tax: 18.4 cents per gallon.
Combined federal and state gas tax: 44.25 cents per gallon.

New York City: $2.91 per gallon
NYC gasoline tax: 30 cents
Federal gasoline tax: 18.4 cents per gallon.
Combined federal and state gas tax: 74.25 cents per gallon.

BUT HAVE NO FEAR: wait a week or so and another Libtard will demand we raise Corporate Taxes. It never fails. BUT BUT BUT GE PAID NO TAXES.

using that money to upgrade public transportation would be more cost effective.

 

[progressive hunter]

What article are you linking?

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

My pricing for products were directly influenced by expenses. I took all expenses added it in to my cost of goods and then set the prices, usually between 40%-60% mark up depending on the goods. Today the company I work for do the same when are determining the price of our service. Taxes always figure in cost.

True but Walmart did not pass on their savings they got

they passed it on to the stock holders where they should,,,

 

[Papageorgio]

What article are you linking?

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

My pricing for products were directly influenced by expenses. I took all expenses added it in to my cost of goods and then set the prices, usually between 40%-60% mark up depending on the goods. Today the company I work for do the same when are determining the price of our service. Taxes always figure in cost.

True but Walmart did not pass on their savings they got

How do you know they did not? I am not familiar with their pricing, their wages or costs.

I did find these articles: Walmart rollbacks ahead: Retailer expected to use tax windfall to fund price cuts

Trump's tax bill prompts Walmart to raise starting wage, give $1,000 gift to some employees

 

[Daryl Hunt]

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

My pricing for products were directly influenced by expenses. I took all expenses added it in to my cost of goods and then set the prices, usually between 40%-60% mark up depending on the goods. Today the company I work for do the same when are determining the price of our service. Taxes always figure in cost.

True but Walmart did not pass on their savings they got

How do you know they did not? I am not familiar with their pricing, their wages or costs.

I did find these articles: Walmart rollbacks ahead: Retailer expected to use tax windfall to fund price cuts

Trump's tax bill prompts Walmart to raise starting wage, give $1,000 gift to some employees

The starting wage is a hoax. They have, in the past, raised the starting wage. But the workers making above that didn't receive a single dime in wage increase. And the Cap for the workers salary hasn't changed in years. Plus, that 1000 bucks has always been there. It's a yearly profit share bonus for stores that shows profits. With a 1000 buck cap. The higher the higher the profit doesn't mean you can make over 1000 bucks.
But the lower profits may mean you will make less. And that is AFTER they take out the Profit/loss (shot lifting and loss). Many stores don't pay a dime.

The Walmart promises are empty and always have been. It's like the old "Buy American" that was hinted at in the 90s when over 92% of all Walmart Products were imported.

 

[OnePercenter]

/----/ "Yes we did mind that GE paid no taxes."
Then you're not very astute when it comes to business. So tell us, why do you care?

Great question you house slave.

Nobles Need Not Pay Taxes

Corporations are taxed because they use public services, and are therefore expected to help pay for them - the same as citizens.

Corporations make use of a work force educated in public schools paid for with tax dollars. They use roads and highways paid for with tax dollars. They use water, sewer, and power and communications rights-of-way paid for with taxes. They demand the same protection from fire and police departments as everybody else, and enjoy the benefits of national sovereignty and the stability provided by the military and institutions like NATO and the United Nations, the same as all residents of democratic nations.

In fact, corporations are heavier users of taxpayer-provided services and institutions than are average citizens. Taxes pay for our court systems, which are most heavily used by corporations to enforce contracts. Taxes pay for our Treasury Department and other governmental institutions which maintain a stable currency essential to corporate activity. Taxes pay for our regulation of corporate activity, from assuring safety in the workplace to a pure food and drug supply to limiting toxic emissions.

Under George W. Bush, the burden of cleaning up toxic wastes produced by corporate activity has largely shifted from polluter-funded Superfund and other programs to taxpayer-funded cleanups (as he did in Texas as governor there before becoming President).

Every year, millions of cases of cancer, emphysema, neurological disorders, and other conditions caused by corporate pollution are paid for in whole or in part by government funded programs from Medicare to Medicaid to government subsidies of hospitals, universities, and research institutions funded by tax dollars through the NIH and NIMH.

Because it's well understood that corporations use our tax-funded institutions at least as heavily as do citizens, they've traditionally been taxed at similar rates. For example, the top corporate tax rate in the US was 48% during the Carter administration, down from the a peak of 53% during the Eisenhower and Kennedy years.

Today it stands at 35%, but in May of 2001 Bush administration Treasury Secretary Paul O'Neill suggested there should be no corporate income tax whatsoever. This was the opening salvo in a very real war to have working people bear all the costs of the commons and governance, while the wealthy corporate elite derive most of its benefits.

And, as George H.W. Bush pointed out when he was president, this isn't just an American phenomenon. It's a New World Order.

/----/ I get it. This is how you sell higher indirect taxes on the poor who pay no income tax. You kick them in the nuts with an indirect tax disguised at the populist tax on corporations. BRILLIANT.

It took some digging but here is the proof:
Operating Costs
The rental of computer systems or other technology-related expenses are included in this category. Postage and office supplies are operating costs most companies incur on a monthly basis. Taxes or license fees the company pays on a scheduled basis are also part of operating costs. Dues for memberships or subscriptions to publications are other overhead costs often incurred. What Is Corporate Overhead Cost?

Huh?

You don't realize this tax break will eventually shift the tax burden more onto us, the middle class?

Ryan’s Secret Plan to Shift the Tax Burden Onto the Middle Class - Center for American Progress

/----/ Here is how you get poor to pay indirect income tax. Stick em every time they gas up to get to work or the grocery store.
New York, Farmingdale: $2.61 price per gallon CASH
Cost of gas without tax $2.14
State gasoline tax: 25.85 cents per gallon.
Federal gasoline tax: 18.4 cents per gallon.
Combined federal and state gas tax: 44.25 cents per gallon.

New York City: $2.91 per gallon
NYC gasoline tax: 30 cents
Federal gasoline tax: 18.4 cents per gallon.
Combined federal and state gas tax: 74.25 cents per gallon.

BUT HAVE NO FEAR: wait a week or so and another Libtard will demand we raise Corporate Taxes. It never fails. BUT BUT BUT GE PAID NO TAXES.

using that money to upgrade public transportation would be more cost effective.

Except with rideshare decreasing ridership, it wouldn't be a good investment. Besides, I don't think CELLBOCK rides the bus, so as you know, it's all about him.

Uber and Lyft are having a terrible effect on public transportation, new research shows

Governor won't sign off on bonds for Las Vegas Monorail

 

[OnePercenter]

Trump Pledged to Eliminate the Debt. Instead He Will Add $8.3 Trillion

/----/ OK - so you do understand that corporations pass tax increases on to the consumers in the form of higher prices. And when prices go up, it affects ALL Americans, rich and poor, even though 49% pay no income tax. This is your sneaky way to get the freeloaders to pay their fair share. I get it now. WOAZA that is crafty and sneaky, because the poor shlubs who screech "make corporations pay higher taxes" are too dumb to understand it's an indirect tax on them. BRILLIANT.

Can you show us they pass on tax savings to us?

My pricing for products were directly influenced by expenses. I took all expenses added it in to my cost of goods and then set the prices, usually between 40%-60% mark up depending on the goods. Today the company I work for do the same when are determining the price of our service. Taxes always figure in cost.

True but Walmart did not pass on their savings they got

they passed it on to the stock holders where they should,,,

Thanks for clearing up the fact that investors are a higher objective than employees or customers.

EXCEPT: The CEOs of nearly 200 companies just said shareholder value is no longer their main objective