Wilbur Right
Silver Member
- Nov 27, 2015
- 2,710
- 363
- 90
What post was that again?
You are a pot head eh? Cant remember what you wrote? And when you wrote it Roll another one dude. Party on.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
What post was that again?
Others are not necessarily paying more in taxes because of someone else's tax break.
If I am able to build a billion dollar company aided by getting a tax break on a legal deduction, I have created a tax base that did not exist before, adding to the countries tax revenues.
Employer-sponsored health insurance is a massive labor boondoggle, and needs to go away.In 2008, employers with employer sponsored health insurance got 131 BILLION dollars in tax breaks.
What are the largest tax expenditures?
That tax break was paid for either with taxes on employers and employees without healthcare insurance, or deficit dollars passed on to children, who didn't get a vote.
Great, you push for the employees to pay taxes on their benefits packages and then sit back and watch every union abandon your party.
It is a gift. Being taxed less than you would have been is, by definition, a gift.In 2008, employers with employer sponsored health insurance got 131 BILLION dollars in tax breaks.
What are the largest tax expenditures?
That tax break was paid for either with taxes on employers and employees without healthcare insurance, or deficit dollars passed on to children, who didn't get a vote.
That's only relevant if we were to assume the government is entitled to 100% of what corporations make.
Equating a lower tax burden with "getting" something only works if the gubmint is entitled to everything from you from the get-go. All that is happening is the government is taking less.. that is no gift.
What post was that again?
Read the words "A tax deduction is a decrease in revenue" until you understand the significance of that.That being said, the guy creating an income of $1,000,000 a year that adjusts that figure down to $990,000 for tax purposes due to $10K a year of health insurance is still paying plenty in taxes ( probably well over $200k) The government is not expending a dime to subsidize his health care.
- What does IRS stand for? Internal Revenue Service! Taxes are revenue to the government. A tax deduction is a decrease in revenue, not an increase in expenditures.
Ah, but did you pay your employees with other people's money?
Ummm...
All businesses pay employees with other peoples money. Unless it's not really a business and someone is just handing out cash.
A store buys a widget from ACME Manufacturing. It cost's them $10, they sell it for $12. They pay ACME the $10 for the widget. That leaves them with $2. Now sell a whole bunch of widgets, thingys, do-dads, and nick-a-brick. You now have money to pay expenses such as rent, utilities, employees, etc.
In each case the money comes from other people. Therefore all businesses pay their employee with money that comes from other people.
>>>>
Soooo, getting back to the takers cruising along on their employers' tax break-provided health insurance and bitching about "paying for somebody else" - i.e., those who provide their own insurance...what say you?
Ah, but did you pay your employees with other people's money?
Ummm...
All businesses pay employees with other peoples money. Unless it's not really a business and someone is just handing out cash.
A store buys a widget from ACME Manufacturing. It cost's them $10, they sell it for $12. They pay ACME the $10 for the widget. That leaves them with $2. Now sell a whole bunch of widgets, thingys, do-dads, and nick-a-brick. You now have money to pay expenses such as rent, utilities, employees, etc.
In each case the money comes from other people. Therefore all businesses pay their employee with money that comes from other people.
>>>>
Soooo, getting back to the takers cruising along on their employers' tax break-provided health insurance and bitching about "paying for somebody else" - i.e., those who provide their own insurance...what say you?
Here's the solution: make all healthcare expenditures tax deductible. Somehow I believe you won't approve.
Ah, but did you pay your employees with other people's money?
Ummm...
All businesses pay employees with other peoples money. Unless it's not really a business and someone is just handing out cash.
A store buys a widget from ACME Manufacturing. It cost's them $10, they sell it for $12. They pay ACME the $10 for the widget. That leaves them with $2. Now sell a whole bunch of widgets, thingys, do-dads, and nick-a-brick. You now have money to pay expenses such as rent, utilities, employees, etc.
In each case the money comes from other people. Therefore all businesses pay their employee with money that comes from other people.
>>>>
Soooo, getting back to the takers cruising along on their employers' tax break-provided health insurance and bitching about "paying for somebody else" - i.e., those who provide their own insurance...what say you?
Here's the solution: make all healthcare expenditures tax deductible. Somehow I believe you won't approve.
Even elective surgeries? Plastic surgeons would love that.
Are you sure you are right wing? Because that is the antithesis of conservatism.Ah, but did you pay your employees with other people's money?
Ummm...
All businesses pay employees with other peoples money. Unless it's not really a business and someone is just handing out cash.
A store buys a widget from ACME Manufacturing. It cost's them $10, they sell it for $12. They pay ACME the $10 for the widget. That leaves them with $2. Now sell a whole bunch of widgets, thingys, do-dads, and nick-a-brick. You now have money to pay expenses such as rent, utilities, employees, etc.
In each case the money comes from other people. Therefore all businesses pay their employee with money that comes from other people.
>>>>
Soooo, getting back to the takers cruising along on their employers' tax break-provided health insurance and bitching about "paying for somebody else" - i.e., those who provide their own insurance...what say you?
Here's the solution: make all healthcare expenditures tax deductible. Somehow I believe you won't approve.
Are you sure you are right wing? Because that is the antithesis of conservatism.Ah, but did you pay your employees with other people's money?
Ummm...
All businesses pay employees with other peoples money. Unless it's not really a business and someone is just handing out cash.
A store buys a widget from ACME Manufacturing. It cost's them $10, they sell it for $12. They pay ACME the $10 for the widget. That leaves them with $2. Now sell a whole bunch of widgets, thingys, do-dads, and nick-a-brick. You now have money to pay expenses such as rent, utilities, employees, etc.
In each case the money comes from other people. Therefore all businesses pay their employee with money that comes from other people.
>>>>
Soooo, getting back to the takers cruising along on their employers' tax break-provided health insurance and bitching about "paying for somebody else" - i.e., those who provide their own insurance...what say you?
Here's the solution: make all healthcare expenditures tax deductible. Somehow I believe you won't approve.
I think giving you gifts at other people's expense is liberal.Are you sure you are right wing? Because that is the antithesis of conservatism.Ah, but did you pay your employees with other people's money?
Ummm...
All businesses pay employees with other peoples money. Unless it's not really a business and someone is just handing out cash.
A store buys a widget from ACME Manufacturing. It cost's them $10, they sell it for $12. They pay ACME the $10 for the widget. That leaves them with $2. Now sell a whole bunch of widgets, thingys, do-dads, and nick-a-brick. You now have money to pay expenses such as rent, utilities, employees, etc.
In each case the money comes from other people. Therefore all businesses pay their employee with money that comes from other people.
>>>>
Soooo, getting back to the takers cruising along on their employers' tax break-provided health insurance and bitching about "paying for somebody else" - i.e., those who provide their own insurance...what say you?
Here's the solution: make all healthcare expenditures tax deductible. Somehow I believe you won't approve.
So you think imposing taxes on everyone is "conservative" while eliminating some taxes is "liberal?"
No it doesn't. If I somehow find an extra tax deduction to take on my taxes, your taxes don't automatically jump up by the same amount.Read the words "A tax deduction is a decrease in revenue" until you understand the significance of that.That being said, the guy creating an income of $1,000,000 a year that adjusts that figure down to $990,000 for tax purposes due to $10K a year of health insurance is still paying plenty in taxes ( probably well over $200k) The government is not expending a dime to subsidize his health care.
- What does IRS stand for? Internal Revenue Service! Taxes are revenue to the government. A tax deduction is a decrease in revenue, not an increase in expenditures.
If your taxes are decreased by a deduction, someone else is taxed more to make up the decrease in revenue caused by your gift. Your gift comes at someone else's expense.
That is why every economist calls deductions, credits, and exemptions "tax expenditures". They are a cost which must be recouped from everyone else.
Ah, but did you pay your employees with other people's money?
Ummm...
All businesses pay employees with other peoples money. Unless it's not really a business and someone is just handing out cash.
A store buys a widget from ACME Manufacturing. It cost's them $10, they sell it for $12. They pay ACME the $10 for the widget. That leaves them with $2. Now sell a whole bunch of widgets, thingys, do-dads, and nick-a-brick. You now have money to pay expenses such as rent, utilities, employees, etc.
In each case the money comes from other people. Therefore all businesses pay their employee with money that comes from other people.
>>>>
Soooo, getting back to the takers cruising along on their employers' tax break-provided health insurance and bitching about "paying for somebody else" - i.e., those who provide their own insurance...what say you?
Here's the solution: make all healthcare expenditures tax deductible. Somehow I believe you won't approve.
Even elective surgeries? Plastic surgeons would love that.
That's up to the legislature
We need government OUT of our lives as much as possible. We do not need government behavioral modification experiments which reward us with cheese for performing the way the government wants us to, and punishing us for not.
Did you buy a house and take out a mortage? No? You will be punished with a higher tax bill than the good little mouse who did.
Did you buy the right kind of refrigerator? No? You will be punished with a higher tax bill than the good little mouse who did.
Did you buy the right kind of health insurance? No? You will be punished with a higher tax bill than the good little mouse who did.
Did you procreate? No? You will be punished with a higher tax bill than the good little mouse who did.
Pseudo-conservatives who are actually liberals don't care if you earned an identical income as your neighbor. You are going to pay a radically higher tax bill for not being a good little mouse.
Ummm...
All businesses pay employees with other peoples money. Unless it's not really a business and someone is just handing out cash.
A store buys a widget from ACME Manufacturing. It cost's them $10, they sell it for $12. They pay ACME the $10 for the widget. That leaves them with $2. Now sell a whole bunch of widgets, thingys, do-dads, and nick-a-brick. You now have money to pay expenses such as rent, utilities, employees, etc.
In each case the money comes from other people. Therefore all businesses pay their employee with money that comes from other people.
>>>>
Soooo, getting back to the takers cruising along on their employers' tax break-provided health insurance and bitching about "paying for somebody else" - i.e., those who provide their own insurance...what say you?
Here's the solution: make all healthcare expenditures tax deductible. Somehow I believe you won't approve.
Even elective surgeries? Plastic surgeons would love that.
That's up to the legislature
As a matter of fact, there's already Form 1040, Schedule A, Line 1. "Medical and dental expenses."
Not sure what you'd want to add to that.