Corporate Tax Revenue Came In 31% Below Predictions, And It's Getting Worse

[Moonglow]

Time to slash spending.

That's a good one!

 

[Cellblock2429]

Federal tax payments by big businesses are falling much faster than anticipated in the wake of Republicans’ tax cuts, providing ammunition to Democrats who are calling for corporate tax increases.
The U.S. Treasury saw a 31 percent drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall, down by almost 9 percent or $11 billion.

Though business profits remain healthy and the economy is strong, total corporate taxes are at the lowest levels seen in more than 50 years.

Big businesses paying even less than expected under GOP tax law


But the frightening thing is that, despite all the sugar Trump and the Republicans have poured into the system, dark clouds continue to gather on the horizon. The economy looks set to slide into a recession with interest rates near record lows and corporations already basking in gifts even bigger than predicted. Any “stimulus” that happens to pull the U.S. out of this one, isn’t going to come through tax breaks for corporations. That well is already dry.

/——-/ Well dang, that is great news. The lower corporate taxes, the more competitive they are in the world market, more sales, more revenue, more hiring, more capital equipment and lower consumer prices. Incredible.


Sent from my iPhone using USMessageBoard.com

 

[progressive hunter]

to much,,,

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

So would you say that the VA is unconstitutional?

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

 

[Slade3200]

How much do we spend on welfare?

to much,,,

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

To answer your question... the constitution does not specifically address welfare. We have Jefferson’s writings on conservative taxation and Hamilton’s who had a much more liberal view. And within our system when there are disputes about legality it is brought up in the Supreme Court which in its rulings has allowed for taxation to be used for things like defense, infrastructure and yes welfare.

 

[initforme]

Give that increased revenue to the average workers, the ones that do the actual work.

 

[Slade3200]

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

So would you say that the VA is unconstitutional?

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

I’m on subject, just had a quick question to see where you draw the line. Why don’t you answer it. Looks like youre dodging.

 

[progressive hunter]

to much,,,

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

To answer your question... the constitution does not specifically address welfare. We have Jefferson’s writings on conservative taxation and Hamilton’s who had a much more liberal view. And within our system when there are disputes about legality it is brought up in the Supreme Court which in its rulings has allowed for taxation to be used for things like defense, infrastructure and yes welfare.

so in accordance with the 10th amendment,,,if it aint in there it aint their job,,,

CASE CLOSED,,,

 

[Slade3200]

How much?

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

To answer your question... the constitution does not specifically address welfare. We have Jefferson’s writings on conservative taxation and Hamilton’s who had a much more liberal view. And within our system when there are disputes about legality it is brought up in the Supreme Court which in its rulings has allowed for taxation to be used for things like defense, infrastructure and yes welfare.

so in accordance with the 10th amendment,,,if it aint in there it aint their job,,,

CASE CLOSED,,,

Not according to the Supreme Court. Case opened, ruled upon, and then closed. You lost. Sorry

 

[progressive hunter]

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

So would you say that the VA is unconstitutional?

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

I’m on subject, just had a quick question to see where you draw the line. Why don’t you answer it. Looks like youre dodging.

I did answer,,,

where in the constitution does that authority exist???

my line when we are talking about the feds is the constitution,,,

 

[whitehall]

The system must be working if the GDP hit over 4% for the first time in a decade and the DOW hovers around 25,000 while unemployment is at it's lowest since the early 70's. What's the point? Do lefties want to punish corporations during republican administrations or the neo-socialists just hate what makes America great?

When did GDP hit 4% for the first time in a decade?! I must have missed that news

Two years ago. The GDP never hit 3% in a yearly average for the entire eight years of the Hussein administration.

 

[Slade3200]

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

So would you say that the VA is unconstitutional?

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

I’m on subject, just had a quick question to see where you draw the line. Why don’t you answer it. Looks like youre dodging.

I did answer,,,

where in the constitution does that authority exist???

my line when we are talking about the feds is the constitution,,,

Ok then so you would consider the VA unconstitutional, right?

 

[Slade3200]

The system must be working if the GDP hit over 4% for the first time in a decade and the DOW hovers around 25,000 while unemployment is at it's lowest since the early 70's. What's the point? Do lefties want to punish corporations during republican administrations or the neo-socialists just hate what makes America great?

When did GDP hit 4% for the first time in a decade?! I must have missed that news

Two years ago. The GDP never hit 3% in a yearly average for the entire eight years of the Hussein administration.

You think the annual GDP was 4% for 2017? Do you have a link to that?

 

[progressive hunter]

one dollar is to much,

not the job of the fed gov to steal from one person and give that money to another,,,let alone someone that hates their/my guts,,,

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

To answer your question... the constitution does not specifically address welfare. We have Jefferson’s writings on conservative taxation and Hamilton’s who had a much more liberal view. And within our system when there are disputes about legality it is brought up in the Supreme Court which in its rulings has allowed for taxation to be used for things like defense, infrastructure and yes welfare.

so in accordance with the 10th amendment,,,if it aint in there it aint their job,,,

CASE CLOSED,,,

Not according to the Supreme Court. Case opened, ruled upon, and then closed. You lost. Sorry

SC cant change or make law,,,I may have lost , but that only means the game is rigged,,,and the country and poor lost also,,,

 

[progressive hunter]

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

So would you say that the VA is unconstitutional?

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

I’m on subject, just had a quick question to see where you draw the line. Why don’t you answer it. Looks like youre dodging.

I did answer,,,

where in the constitution does that authority exist???

my line when we are talking about the feds is the constitution,,,

Ok then so you would consider the VA unconstitutional, right?

if I remember correctly the military is covered,,,

 

[Slade3200]

That’s exactly what taxation is, that’s how our system is set up. We steal from everybody and pay for our military, the VA, our roads, Trumps golf... all kinds of things. So now it comes down to budgeting and prioritizing. You want to cut welfare. To make a case for that you should know how much is being spent, what % of our spending it compromises, and what we will save by the cuts. Also what additional costs or issues will result from making those cuts. So how about you attempt to have a smart conversation about this and address these points with thoughtful answers.

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

To answer your question... the constitution does not specifically address welfare. We have Jefferson’s writings on conservative taxation and Hamilton’s who had a much more liberal view. And within our system when there are disputes about legality it is brought up in the Supreme Court which in its rulings has allowed for taxation to be used for things like defense, infrastructure and yes welfare.

so in accordance with the 10th amendment,,,if it aint in there it aint their job,,,

CASE CLOSED,,,

Not according to the Supreme Court. Case opened, ruled upon, and then closed. You lost. Sorry

SC cant change or make law,,,I may have lost , but that only means the game is rigged,,,and the country and poor lost also,,,

Just because you don’t agree doesn’t make it rigged. The constitution that you hold so dear outlines a division of power and a process to take in law making. When there are disputes about constitutionality of laws then the Supreme Court decides. That’s how the constitution outlines our process and that’s what happened in regards to taxation and welfare. So it’s legal. Like it or not

 

[Slade3200]

So would you say that the VA is unconstitutional?

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

I’m on subject, just had a quick question to see where you draw the line. Why don’t you answer it. Looks like youre dodging.

I did answer,,,

where in the constitution does that authority exist???

my line when we are talking about the feds is the constitution,,,

Ok then so you would consider the VA unconstitutional, right?

if I remember correctly the military is covered,,,

The VA treats retired military. Where does the constitution allow for that?

 

[progressive hunter]

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

To answer your question... the constitution does not specifically address welfare. We have Jefferson’s writings on conservative taxation and Hamilton’s who had a much more liberal view. And within our system when there are disputes about legality it is brought up in the Supreme Court which in its rulings has allowed for taxation to be used for things like defense, infrastructure and yes welfare.

so in accordance with the 10th amendment,,,if it aint in there it aint their job,,,

CASE CLOSED,,,

Not according to the Supreme Court. Case opened, ruled upon, and then closed. You lost. Sorry

SC cant change or make law,,,I may have lost , but that only means the game is rigged,,,and the country and poor lost also,,,

Just because you don’t agree doesn’t make it rigged. The constitution that you hold so dear outlines a division of power and a process to take in law making. When there are disputes about constitutionality of laws then the Supreme Court decides. That’s how the constitution outlines our process and that’s what happened in regards to taxation and welfare. So it’s legal. Like it or not

not according to the 10th amendment,,,

the SC once ruled slavery was legal,,,

 

[progressive hunter]

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

I’m on subject, just had a quick question to see where you draw the line. Why don’t you answer it. Looks like youre dodging.

I did answer,,,

where in the constitution does that authority exist???

my line when we are talking about the feds is the constitution,,,

Ok then so you would consider the VA unconstitutional, right?

if I remember correctly the military is covered,,,

The VA treats retired military. Where does the constitution allow for that?

key word being military,,,

if youre going to go that route,,all government pensions are illegal,,,

 

[B. Kidd]

The system must be working if the GDP hit over 4% for the first time in a decade and the DOW hovers around 25,000 while unemployment is at it's lowest since the early 70's. What's the point? Do lefties want to punish corporations during republican administrations or the neo-socialists just hate what makes America great?

Neo-Socialists (Democrats) hate America. As a result, I no longer consider them Americans.
They are enemies.

 

[peach174]

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

So would you say that the VA is unconstitutional?

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

I’m on subject, just had a quick question to see where you draw the line. Why don’t you answer it. Looks like youre dodging.

I did answer,,,

where in the constitution does that authority exist???

my line when we are talking about the feds is the constitution,,,

Ok then so you would consider the VA unconstitutional, right?

I would love for you to show me where the welfare program is in the constitution???

taxs are for paying operating cost,bills and debt not handouts to one group of people from another,,,,

So would you say that the VA is unconstitutional?

I see you have trouble sticking to the topic,,,

kool-aid has a tendency to cause that,,,

I’m on subject, just had a quick question to see where you draw the line. Why don’t you answer it. Looks like youre dodging.

I did answer,,,

where in the constitution does that authority exist???

my line when we are talking about the feds is the constitution,,,

Ok then so you would consider the VA unconstitutional, right?

VA is for our military who fights for freedom for everyone in this country.
The left pick and choose minorities for government programs that keep them dependent and always short of that assistance that last week of the month.

We have a government that does things for all Americans. It's called a constitutional republic.

We are not a Socialist Democracy that robs from our rich or our businesses.