Can socialists in this country explain how taxing American corporations/companies more is good?

[Markle]

Yes, socialism can sure explain tax procedure, tax rates and tax return.

The particular benefit of socialism doing the job is that the companies can expand their business and include other companies in their exchanges within the national and international economy.
Other political approaches would either enhance the companies' organizations already established that are still developing their profits internally, or would include the general public as well as private companies and governmental agencies in promoting more benefits to the American economy by an increase in taxation.

Apparently, you do not understand the meaning of Socialism.

Allow me:

so·cial·ism
[ˈsōSHəˌlizəm]
NOUN

1. a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

The thread is inquiring about practice, not about theory.

This IS practice.

 

[Spare_change]

No, I am taking about people I have researched and know something about. Sure there are some self made millionaires but a lot of them inherited their wealth. The self-made rich folks came about due to luck, some hard work and perseverance if you believe their version…but there is always another story they would rather you and I didn't know about how they gained their wealth. There may be a few exceptions.

Yes, just a few:

https://kapdesign.files.wordpress.com/2012/01/millionaires_nodiplomas_kap1.jpg


NCPA Study: Inheritance Has Little To Do With Wealth

My point is that to build wealth you have to have people working for you for a small portion of what YOU gain from their labor!

I don't know where you get your "observations", but they couldn't be more false.

Go compare "average cost of labor" (you pick the business) to "percentage of profit" for that same industry.

I'll even make it easy for you ..... let's pick the simplest business to understand (fast food). Most restaurants (this is the McDonald's model) is based on what is called the 30-30-30 model. 30% labor, 30% materials, 30% fixed costs. That leaves 10% for profit - though, admittedly, most of the time it doesn't work out that way.

My line of business, on the other hand (space systems computer simulations design and development) uses a 58 - 22 - 12 model (50% labor, 10% materials, and 30 % fixed costs) That leaves 10% profit ... which, because of the way the contracts are structured, we are guaranteed.

Profit is typically a very small portion of the overall price of any product.

 

[Markle]

Absolutely not fully implemented yet, and some tinkering needed (that will go on forever). Hillary and the new Dem congress will fix that and a lot more New BS GOP messes...

The last time they tried to do that it cost us ten trillion dollars. No thanks.

WTH? That was Boooshies' world depression, silly. The last time a Dem president got his way was LBJ...

When did Bill Clinton suddenly become a Republican?

 

[francoHFW]

There is no question that our capitalists that Republicans crown as "job creators" have used up and abandoned our cities. Even Cleveland

How is this possible?

They have minorities in ghettoes who get left behind....duh.

Who is running those ten cities?

Reaganism rolls on, blacks get rolled over, dupe. What about Atlanta, NYC, and LA. But thanks for the bs propaganda...

How does Reaganism roll on when it is Democrats who are running those cities? Atlanta, NYC, and LA are all run by Democrats as well. Why didn't you include Chicago and New Orleans?

They're in this Reaganist COUNTRY, dumkoff. lol

 

[francoHFW]

Yes, socialism can sure explain tax procedure, tax rates and tax return.

The particular benefit of socialism doing the job is that the companies can expand their business and include other companies in their exchanges within the national and international economy.
Other political approaches would either enhance the companies' organizations already established that are still developing their profits internally, or would include the general public as well as private companies and governmental agencies in promoting more benefits to the American economy by an increase in taxation.

Apparently, you do not understand the meaning of Socialism.

Allow me:

so·cial·ism
[ˈsōSHəˌlizəm]
NOUN

1. a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

So the US REGULATES all that, thus we're socialist.

 

[francoHFW]

Absolutely not fully implemented yet, and some tinkering needed (that will go on forever). Hillary and the new Dem congress will fix that and a lot more New BS GOP messes...

The last time they tried to do that it cost us ten trillion dollars. No thanks.

WTH? That was Boooshies' world depression, silly. The last time a Dem president got his way was LBJ...

When did Bill Clinton suddenly become a Republican?

Bill didn't get his way.

 

[francoHFW]

That's barely progressive. The corp figures are actually upside down. Great job!

Of course, corporate "figures" have nothing to do with it.

Tell me ... how come your hallowed table (misleading as it is) doesn't have a tax consumption column? Which one of your "divisions" - something you seem to be particularly good at - consume the most tax dollars?

If corps don't pay, who does, dupe?

Tax consumption is hard to say...who uses infrastructure the most? Etc etc etc....The point is, who's laughing to the bank? Who's losing? see sig.

Corps don't pay .... citizens pay. Oh wait ... they already do.

You are just trying to find an alternative source so you don't have to pay. Pretty damn selfish, if you ask me.

Corps paid 30% of total in the 50's, now 10%. Don't be such a chump. I don't mind paying my fair share, but resent GOP fat cats ruining our country.

Will you please tell us all specifically WHO PAYS CORPORATE TAXES? Where does that money originate?

I'd be willing to bet that you believe your employer pays half of your payment to Social Security too.

Corporations pay corporate taxes DUH. LOL

 

[JQPublic1]

No one wants to take anything from you. You are probably one of those 80% struggling to get or maintain a piece of the small slice of wealth left to us by the 20%. If you actually worked for what you have I respect you. If you are like Trump, who never worked a day in his life, I don't respect you.

Yeah, Trump never worked a day in his life. He just sat home and millions came rushing through his doorway.

You people on the left need to get away from your television and movies. Movies are a bad source to get your financial information from.

People who work for a living never get rich, People who know how to be good thieves and how to work the system never get their hands dirty. They just exploit the clock punchers and reap the profits their workers make. Then, to protect their ill gotten assets, they send the sons and daughters of the poor and lower middle classes off to fight for their interests…all in the name of patriotism. But their children are shielded form the atrocities of war… They go to universities to lear how to exploit the 80% even more…all to graban even bigger share of that sliver of wealth the masses are fawning over.

I beg your pardon. I went from poor --- very poor -- to being "rich". And,I worked for a living to get there. Shielded from the atrocities of war? I did two tours in Vietnam. Believe me, I strongly resent your childish characterization.

Your whole post smacks of jealousy.

WELL, PRAY TELL, how did you amass your fortune? BTW if you have less than 500 million don't bother responding.

Busted my ass ... worked 3 jobs until I was 49 years old ... one of them was as a member of USAF. Started my own tech business when I retired from AF ... grew it to 200 employees ... sold it. Revenue at time of sale ... $131 million. Started another ... grew it to 420 employees .... sold it. Revenue at time of sale ... #481 million. Started a 3rd business ... currently at 140 employees, 2015 revenue ... $86 million.

You'll notice .... I responded, though I must admit, I haven't crossed the $500 million threshold .... yet.

Isn't the Internet great? You can be anybody or anything you want and no one can prove otherwise. Great story though. I do think SOME millionaires have done what you claim you did!

 

[JQPublic1]

He's talking about multi-millionaires and billionaires...

He's talking about sitcoms and movies that portray millionaires and billionaires.

No, I am taking about people I have researched and know something about. Sure there are some self made millionaires but a lot of them inherited their wealth. The self-made rich folks came about due to luck, some hard work and perseverance if you believe their version…but there is always another story they would rather you and I didn't know about how they gained their wealth. There may be a few exceptions.

Unmitigated absolute and complete bullshit ....

So, are you suggesting the self made rich folks did not come about because of luck, some hard work and perseverance?

 

[JQPublic1]

No, I am taking about people I have researched and know something about. Sure there are some self made millionaires but a lot of them inherited their wealth. The self-made rich folks came about due to luck, some hard work and perseverance if you believe their version…but there is always another story they would rather you and I didn't know about how they gained their wealth. There may be a few exceptions.

Yes, just a few:

https://kapdesign.files.wordpress.com/2012/01/millionaires_nodiplomas_kap1.jpg


NCPA Study: Inheritance Has Little To Do With Wealth

My point is that to build wealth you have to have people working for you for a small portion of what YOU gain from their labor!

I don't know where you get your "observations", but they couldn't be more false.

Go compare "average cost of labor" (you pick the business) to "percentage of profit" for that same industry.

I'll even make it easy for you ..... let's pick the simplest business to understand (fast food). Most restaurants (this is the McDonald's model) is based on what is called the 30-30-30 model. 30% labor, 30% materials, 30% fixed costs. That leaves 10% for profit - though, admittedly, most of the time it doesn't work out that way.

My line of business, on the other hand (space systems computer simulations design and development) uses a 58 - 22 - 12 model (50% labor, 10% materials, and 30 % fixed costs) That leaves 10% profit ... which, because of the way the contracts are structured, we are guaranteed.

Profit is typically a very small portion of the overall price of any product.

I take it you aren't off shoring your labor and production.

 

[Ray From Cleveland]

My point is that to build wealth you have to have people working for you for a small portion of what YOU gain from their labor!

Only in some cases. Look at those millionaire professional athletes, the entertainment sector such as Hollywood or the music industry, hedge fund managers, commodities traders, real estate tycoons........

As for those in actual industry, yes, they have people working for them. What's your point? Every worker who takes a job offered from somebody else realizes they are going to make their employer a lot of money. There is nothing wrong with that. I've never taken a job with the expectation that my salary would move along with the profit of a company or the owners paycheck. I agreed to do X job for X amount of money and benefits. Providing my employer lives up to his agreement, I live up to mine. End of story.

 

[billyerock1991]

seems like everything you say is wrong I clearly said Part D NOT B is unfunded ... 500 billion dollars that weren't funded by a tax ... then you go on and on about parts that are funded ... when will you pull your head out of your ass... then theres no child left behind another trillion dollar debt created by republicans, then corrected by Obama...

theres more... but you're to stupid to realize what the hells going on ... in obama care part of the bill they passed that the republicans tried to repeal, hell they even took it to the supreme court saying it was unconstitutional and they failed there too ... the bill was to pay for subsidies and medicaid ... it was a tax on medical equipment a 2 .2% tax ... so far according too the government the people on medicaid aren't costing the taxpayer a dime ... but you sure love to complain about people in government thats cost you next to nothing ... you could care less on these corporations who are costing you and I trillions of dollars of tax dollars ... what does these republicans do ??? they give you this "they're getting free be's" but failing to tell you at what the cost ... like all republicans they are to lazy to look up anything


welfare is one program ... section 8 in some states is one program ... food stamps is one program ... as I stated all these programs are grafted on the federal budget site ... where you will see .008 for welfare ... 2. for food stamps ... you sit and whine about something that really doesn't cost the american taxpayer anything ... all the moneys coming from these programs creat income for the country and the tax payer... it amazes me how ignorant you are about something that you feel are getting free be's

I'm very sorry about your comprehension problem. But I'm not going to go back, look up each Bush program you post, and prove you wrong repeatedly. Maybe you should stay away from liberal BS sites before you post.

That is correct, Republicans want to repeal Commie Care. The federal government has no place to force it's citizens to buy something they may not want, need, or can afford. So yes, if Trump gets in, it will get repealed if it doesn't fall apart by the time he gets in. Aetna (like several providers) recently pulled out of the market in most states it was in. Nobody can stay in business taking a loss, but liberals can't seem to comprehend that.

Corporations don't cost taxpayers trillions. Idiotic plans like Commie Care cost taxpayers trillions. All money doesn't belong to government, so if they take less from companies, that doesn't mean it costs the taxpayers anything.

Then you wonder why we refer to you people as the Uninformed Voters in this country.

proof one: in other word you can't prove it to be wrong right !!!! Bush passed the no child left behind unfunded and like I always say about republicans they're to lazy to do any research... proof one, you're a liar ...

proof two: I posted that medicare part d was never funded by the Bush administration and again you're too lazy to look it up all you're concerned here is to try and make nasty remarks here to posters and you found out real fast I can too... proof two, you're a liar ...

proof three: then I pointed out too you what Obama did to fund medicare part d and you again were too lazy to look it up ... the problem with your types is you have this hatred towards Democrats/liberals that you will sit and whine about something fox noise told you and you never take the time to look it ... but you're quick on the trigger to make a nasty remark about Dems/liberals ... proof three, you're a liar ...

its not me that has a compression problem it is you that has this problem and it shows in your responses ... the press and the republicans say the people who support trump are uneducated ... I guess you fit into that mold... proof four, you're a liar ...

 

[billyerock1991]

Only if you're a brainwashed dupe...

Figures don't lie ... but liars figure.

That's barely progressive. The corp figures are actually upside down. Great job!

Of course, corporate "figures" have nothing to do with it.

Tell me ... how come your hallowed table (misleading as it is) doesn't have a tax consumption column? Which one of your "divisions" - something you seem to be particularly good at - consume the most tax dollars?

If corps don't pay, who does, dupe?

Tax consumption is hard to say...who uses infrastructure the most? Etc etc etc....The point is, who's laughing to the bank? Who's losing? see sig.

Consumption isn't hard to say. EVERY person that receives social welfare does not pay the taxes that fund it. Every person receiving social welfare funded at the State level does not pay the taxes that fund it.

sorry to inform you welfare checks are taxed just like yours or mine is... look it up yourself

 

[Conservative65]

None of these leftist can figure it out. That's what brings on the jealousy.

BS. It's not jealousy, it's reality, dupe. The rich and giant corps are laughing all the way to the bank while the little guys are being ruined by continuing GOP policy, defended to the death by bought off Pubs and silly dupes like you and Con man.

Funny thing is I'm laughing on my way to the bank.

Too bad you don't care about your fellow man or the country.

Too bad my fellow man doesn't care enough about himself to do for himself. It's not my place to do for someone that should be doing things for him/herself. It's their place. Since they are adults, it's not my place to be responsible for them.

Do you think those on the receiving end of handouts actually give a shit about those forced to fund them? They don't care about their fellow man or their country as long as they get something for nothing.

If so, they probably think many people don't care about them and they're right. Oblivious Pub dupes.

It's easy to tell the freeloaders don't care.

 

[Conservative65]

seems like everything you say is wrong I clearly said Part D NOT B is unfunded ... 500 billion dollars that weren't funded by a tax ... then you go on and on about parts that are funded ... when will you pull your head out of your ass... then theres no child left behind another trillion dollar debt created by republicans, then corrected by Obama...

theres more... but you're to stupid to realize what the hells going on ... in obama care part of the bill they passed that the republicans tried to repeal, hell they even took it to the supreme court saying it was unconstitutional and they failed there too ... the bill was to pay for subsidies and medicaid ... it was a tax on medical equipment a 2 .2% tax ... so far according too the government the people on medicaid aren't costing the taxpayer a dime ... but you sure love to complain about people in government thats cost you next to nothing ... you could care less on these corporations who are costing you and I trillions of dollars of tax dollars ... what does these republicans do ??? they give you this "they're getting free be's" but failing to tell you at what the cost ... like all republicans they are to lazy to look up anything


welfare is one program ... section 8 in some states is one program ... food stamps is one program ... as I stated all these programs are grafted on the federal budget site ... where you will see .008 for welfare ... 2. for food stamps ... you sit and whine about something that really doesn't cost the american taxpayer anything ... all the moneys coming from these programs creat income for the country and the tax payer... it amazes me how ignorant you are about something that you feel are getting free be's

I'm very sorry about your comprehension problem. But I'm not going to go back, look up each Bush program you post, and prove you wrong repeatedly. Maybe you should stay away from liberal BS sites before you post.

That is correct, Republicans want to repeal Commie Care. The federal government has no place to force it's citizens to buy something they may not want, need, or can afford. So yes, if Trump gets in, it will get repealed if it doesn't fall apart by the time he gets in. Aetna (like several providers) recently pulled out of the market in most states it was in. Nobody can stay in business taking a loss, but liberals can't seem to comprehend that.

Corporations don't cost taxpayers trillions. Idiotic plans like Commie Care cost taxpayers trillions. All money doesn't belong to government, so if they take less from companies, that doesn't mean it costs the taxpayers anything.

Then you wonder why we refer to you people as the Uninformed Voters in this country.

proof one: in other word you can't prove it to be wrong right !!!! Bush passed the no child left behind unfunded and like I always say about republicans they're to lazy to do any research... proof one, you're a liar ...

proof two: I posted that medicare part d was never funded by the Bush administration and again you're too lazy to look it up all you're concerned here is to try and make nasty remarks here to posters and you found out real fast I can too... proof two, you're a liar ...

proof three: then I pointed out too you what Obama did to fund medicare part d and you again were too lazy to look it up ... the problem with your types is you have this hatred towards Democrats/liberals that you will sit and whine about something fox noise told you and you never take the time to look it ... but you're quick on the trigger to make a nasty remark about Dems/liberals ... proof three, you're a liar ...

its not me that has a compression problem it is you that has this problem and it shows in your responses ... the press and the republicans say the people who support trump are uneducated ... I guess you fit into that mold... proof four, you're a liar ...

Proof 1: Bush didn't pass anything. Saying he did is applying the typical double standard you regularly apply. It was passed by Congress and more Democrats in the House voted for it that Republicans. The Senate vote was 44 R and 43 D. Both occurred after a Conference Committee.

 

[Conservative65]

Figures don't lie ... but liars figure.

That's barely progressive. The corp figures are actually upside down. Great job!

Of course, corporate "figures" have nothing to do with it.

Tell me ... how come your hallowed table (misleading as it is) doesn't have a tax consumption column? Which one of your "divisions" - something you seem to be particularly good at - consume the most tax dollars?

If corps don't pay, who does, dupe?

Tax consumption is hard to say...who uses infrastructure the most? Etc etc etc....The point is, who's laughing to the bank? Who's losing? see sig.

Consumption isn't hard to say. EVERY person that receives social welfare does not pay the taxes that fund it. Every person receiving social welfare funded at the State level does not pay the taxes that fund it.

sorry to inform you welfare checks are taxed just like yours or mine is... look it up yourself

I did and they are NOT taxed. I went to THE source.

 

[Conservative65]

Republicans didn't wreck the American dream, liberals did.

They did this by convincing those (especially blacks) that they are helpless, never going to make it in life, and need government to help them along. They will never see financial success unless they are very good at sports or making rap songs. Only those born the right color, with the right last name, in the right neighborhood stand a chance.

Whatever you don't want to go out and work for, government will give you. If you want more from government, have more children that you can't afford. Don't worry about marriage or a strong relationship when having kids, dad can be easily replaced by a welfare check, even though liberal politicians knew all along single-parent homes are directly related to poverty and crime.

Funny how the middle class has been wrecked under Reaganism, dupe. Everyone would like a good job, just aren't many around anymore...
After 30 years of Voodoo: worst min. wage, work conditions, illegal work safeguards, vacations, work week, college costs, rich/poor gap, upward social mobility, % homeless and in prison EVAH, and in the modern world!! And you complain about the victims? Are you an idiot or an A-hole?

It sure beats the democrat plan of trickle up poor, trickle up misery..


The entire USA would have looked like this in 2016 if Carter beat Reagen

ACTUALLY, idiot, Carter would have cut taxes AND spending and we never would have gotten into the ME mess like Ronnie and his pal Saddam....I blame Kennedy too...

Seriously?

Democrats are genetically unequipped to cut spending.

BS, dupe. Carter cut spending in Georgia too...

You're comparing state level to federal level.

 

[Conservative65]

Consumption isn't hard to say. EVERY person that receives social welfare does not pay the taxes that fund it. Every person receiving social welfare funded at the State level does not pay the taxes that fund it.

Totally duped and hateful. Change the channel or GTH.

I'm not the one that posted a chart claiming it said something it didn't. When called on it, you wanted to include something the chart didn't include saying ALMOST.

What I said if fact. Freeloaders on social welfare don't pay the taxes that fund their handouts whether they are funded on the federal level or state/local level. If you consider that hateful, they you hate facts. It's not any group's responsibility to support another group that can't get the job. No one owes another person a damn thing.

My point is that the rich don't pay enough, the middle class too much, and the usual GOP bs that the poor pay nothing is crazy brainwashed nonsense. Include fees and they pay about what I always said. Try and get past it. lol

Believe me, we understand that was your point ... too bad it's invalid, and rooted in a simple ignorance of economics.

How so, dingbat dupe?

What would you say is the biggest consideration people make when deciding whether or not to buy a good or use a service?

What is the #1 purpose for a business.

 

[Conservative65]

Your hypothesis sounds good but for several years now I have heard how the rich have taken even more of that thin slice of middle class wealth under Obama. If wealth is infinite why does the middle class shrink as the wealthy get richer?

It's called quantitive easing. It's where the feds pumped in trillions of dollars to over inflate the stock market. That's why the rich have never been richer than under DumBama.

The rich have taken wealth from the middle-class? How? When? I'm middle-class, and I can't seem to remember getting a bill from corporate America to give them money.

The middle-class is shrinking? Well gee, we have 94 million Americans of working age not working nor looking for a job. Think that has something to do with it? Think those foreigners jumping the border and taking our jobs for next to nothing has something to do with it? How can you not have a shrinking middle-class when over 1/3 of your workers don't work and don't want to?

Naaah, that can't be it. It must be the rich peoples fault.

You have people that don't want to work and JQP1 can't understand why they don't accumulate wealth.

Stop lying I never said that! What I see is that some people work two or three jobs and =never get ahead. Some workers have never gotten an increase in salary in years even though the owners of their companies saw huge profits for years. SOme workers now do the work of two employees t because of cuts to the workforce…even as the profits rolled in. Why would I complain about people who don't work when people that do work are getting screwed over…? You are a stupid, byatch!

If someone works three jobs and can't get ahead, it's not that they are making too little but spending too much. When you have $20,000/year skills you can't live a $200,000 year lifestyle.

If someone hasn't received an increase in pay in a couple of years yet they stay where they are, it's their fault. If they're so good at what they do, why don't they become the boss and start their own business.

Stop being silly. If you make $20,000 a year it is impossible to live a $200,000 a year lifestyle. A family of 4 is impoverished if their income is 20,000. And their kids will have to go to school wearing second hand clothing and worn shoes. They will have to suffer all the indignations other more affluent kids heap upon them. If they do graduate from high school, college is out of the question unless they get an academic or athletic scholarship. But all too often, the damage done by poverty has already taken it's toll and the kids drop out to become fringe elements in an unsympathetic society.

That being said I want to make it clear that I am not talking about Black kids only. The face of poverty in America is White.

That's the point. People with skills to only make $20,000/year want to live like they make $200,000/year and when they can't, they blame others for why they only make that amount. Their answer, rather than doing something to increase it, is to tax those more than make $200,000 so the money can be used to offset their lack of skills.

Your entire rant makes it out as if those on the higher economic end OWE something to those on the lower end. That simply isn't true.

 

[Conservative65]

Republicans didn't wreck the American dream, liberals did.

They did this by convincing those (especially blacks) that they are helpless, never going to make it in life, and need government to help them along. They will never see financial success unless they are very good at sports or making rap songs. Only those born the right color, with the right last name, in the right neighborhood stand a chance.

Whatever you don't want to go out and work for, government will give you. If you want more from government, have more children that you can't afford. Don't worry about marriage or a strong relationship when having kids, dad can be easily replaced by a welfare check, even though liberal politicians knew all along single-parent homes are directly related to poverty and crime.

When you make up your own stories there is no turning back. Facts don't matter...

Are you saying someone having a third child despite already having two they can't support and living on social welfare doesn't get more if that third child is born?

Are you having a conversation with yourself? Apparently you are and you have done a wonderful job of convincing yourself that your word is gospel irregardless of the facts.

I asked you a question you don't seem to be able to and/or have the guts to answer.

No, I wasn't saying what you say I said. Wow, that took a lot of guts ….

What you didn't do is answer a simple question. Wow, that shows a lack of guts.