Discussion in 'Politics' started by Quantum Windbag, Apr 1, 2012.
TaxProf Blog: Warren Buffett Issues Tax Mea Culpa, Launches 'Tax It Forward' Movement
Warren Buffet never met a tax he didn't love. especially when he doesn't have to pay it.
Granny says, "Dat's right - an' tax `em fer every share dey own in companies dat outsource American jobs...
Obama: Millionaires should pay 'fair share'
Apr 11, 2012 - President Obama promoted his "Buffett Rule" again today, saying millionaires and billionaires should pay their "fair share" to help reduce the federal debt and pay for necessary government investments like education.
Perhaps if you could point to all the jobs created by the Bush tax cuts, you'd make a better case.
And yes, this won't do much to the deficit. That would require eliminating loopholes or actually collecting taxes from people who DEFRAUD it.
NEW REPORT: 280 Most Profitable U.S. Corporations Shelter Half Their Profits from Taxes.
“These 280 corporations received a total of nearly $224 billion in tax subsidies,” said Robert McIntyre, Director at Citizens for Tax Justice and the report’s lead author. “This is wasted money that could have gone to protect Medicare, create jobs and cut the deficit.”
30 Companies average less than zero tax bill in the last three Years, 78 had at least one no-tax year.
Financial services received the largest share of all federal tax subsidies over the last three years. More than half the tax subsidies for companies in the study went to four industries: financial services, utilities, telecommunications, and oil, gas & pipelines.
U.S. corporations with significant foreign profits paid tax rates to foreign countries that were almost a third higher than they paid to the IRS on their domestic profits.
Corporate Taxpayers & Corporate Tax Dodgers, 2008-2010
Gee corporations don't pay their fair share or as much as they used to.
What about taxes? Surely the rich are stepping up to the plate there?
“If tax dodging were a business, it would be the nation’s largest corporation,” said journalists Barlett and Steele. The current $311 billion tax gap is the equivalent of the total income taxes paid annually by all individuals and families earning less than $75,000.
AskQuestions.org - Article: Who Really Pays Taxes in America?
Reading what you conservatives write about taxes is like watching a bunch of retards hump a door knob.
This coming from a liberal jack off that uses terms like unfunded tax cuts and can't grasp the simple notion that tax rates needn't change except when spending as a % increases.
The high point of UE in the Bush administration was 8%. For most of his 8 years it was more like 5%. This was a result of the Bush tax cuts.
Can you point to all the jobs the Obama stimulus created? And not the bogus number of the CBO either.
Separate names with a comma.