GOP tax bill: AT&T, Boeing among corporations rewarding employees

[Missouri_Mike]

Wait a minute. Paying employees more is now just a scam so the company pays less taxes? Then why would you want burger flippers to make 15 bucks an hour?

That's not what I said.

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

Umm, ok. So what's the problem? The employees got a lower tax rate as well. Are you saying the tax cuts are actually going to work out perfectly for everyone involved?

MOST middle class employees got a very small tax cut... and it is only temporary, unlike the corporate tax cut.

ALL middle class people got a tax cut. And you go ahead and run the democrats on making sure that tax cut doesn't stay. I dare you.

 

[Yousaidwhat]

More interesting to me is the 1 billion in cap spending. Apparently corps can now expense (deduct) 100% of capital investment instead of 50%. That could help grow the economy. I don't see any info on what ATT is precisely investing in. But the GOP is taking a risk that this will increase US jobs. If it works, great and they'll win elections.

AT&T intends to invest 46b into wireless infrastructure to deploy, operate and maintain it's networks.

 

[Missouri_Mike]

Wait a minute. Paying employees more is now just a scam so the company pays less taxes? Then why would you want burger flippers to make 15 bucks an hour?

That's not what I said.

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

It's almost like the government is realizing they can't force people to pay them money if they have options. You would think that would be obvious but you dems seem to still not get it.

 

[Lewdog]

That's not what I said.

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

Umm, ok. So what's the problem? The employees got a lower tax rate as well. Are you saying the tax cuts are actually going to work out perfectly for everyone involved?

MOST middle class employees got a very small tax cut... and it is only temporary, unlike the corporate tax cut.

ALL middle class people got a tax cut. And you go ahead and run the democrats on making sure that tax cut doesn't stay. I dare you.

It doesn't stay. It isn't built in to last as long as the corporate cuts.

 

[Lewdog]

That's not what I said.

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

It's almost like the government is realizing they can't force people to pay them money if they have options. You would think that would be obvious but you dems seem to still not get it.

They COULD force them to pay it. Taxes are laws.

 

[Missouri_Mike]

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

Umm, ok. So what's the problem? The employees got a lower tax rate as well. Are you saying the tax cuts are actually going to work out perfectly for everyone involved?

MOST middle class employees got a very small tax cut... and it is only temporary, unlike the corporate tax cut.

ALL middle class people got a tax cut. And you go ahead and run the democrats on making sure that tax cut doesn't stay. I dare you.

It doesn't stay. It isn't built in to last as long as the corporate cuts.

Maybe you democrats should have jumped on board and made them permanent. Maybe when you run on raising those taxes back to previous levels there won't be enough of you to even matter.

 

[Lewdog]

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

Umm, ok. So what's the problem? The employees got a lower tax rate as well. Are you saying the tax cuts are actually going to work out perfectly for everyone involved?

MOST middle class employees got a very small tax cut... and it is only temporary, unlike the corporate tax cut.

ALL middle class people got a tax cut. And you go ahead and run the democrats on making sure that tax cut doesn't stay. I dare you.

It doesn't stay. It isn't built in to last as long as the corporate cuts.

Maybe you democrats should have jumped on board and made them permanent. Maybe when you run on raising those taxes back to previous levels there won't be enough of you to even matter.

I'm not a Democrat. Just because someone doesn't suck on Trump's ball sack doesn't mean they are a Democrat.

 

[Missouri_Mike]

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

It's almost like the government is realizing they can't force people to pay them money if they have options. You would think that would be obvious but you dems seem to still not get it.

They COULD force them to pay it. Taxes are laws.

Taxes aren't laws if there's a way around them. Isn't that the lesson we've all learned from the last ten years? Laws can be passed but they are often times unenforceable.

 

[Wyatt earp]

Wait a minute. Paying employees more is now just a scam so the company pays less taxes? Then why would you want burger flippers to make 15 bucks an hour?

That's not what I said.

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

I am right you don't know shit


What's in the House Republican tax bill for businesses



Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned.

Many argue that puts American businesses at a disadvantage to foreign competitors. That's because most of the competitors come from countries with territorial tax systems, meaning they don't owe tax to their own governments on income they make offshore.

The House GOP bill would switch corporate taxation to a territorial system. That way, American companies would owe U.S. tax only on what they earn here. Their offshore profits would be subject to whatever tax is imposed by the country where the money is made.

"Now you'd just pay the local rate and bring it back to the U.S. without any additional taxes," said Gavin Ekins, a research economist at the Tax Foundation.

 

[Thinker101]

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

Umm, ok. So what's the problem? The employees got a lower tax rate as well. Are you saying the tax cuts are actually going to work out perfectly for everyone involved?

MOST middle class employees got a very small tax cut... and it is only temporary, unlike the corporate tax cut.

ALL middle class people got a tax cut. And you go ahead and run the democrats on making sure that tax cut doesn't stay. I dare you.

It doesn't stay. It isn't built in to last as long as the corporate cuts.

Once you libtards get on board you can make the tax cuts permanent.

 

[Missouri_Mike]

Umm, ok. So what's the problem? The employees got a lower tax rate as well. Are you saying the tax cuts are actually going to work out perfectly for everyone involved?

MOST middle class employees got a very small tax cut... and it is only temporary, unlike the corporate tax cut.

ALL middle class people got a tax cut. And you go ahead and run the democrats on making sure that tax cut doesn't stay. I dare you.

It doesn't stay. It isn't built in to last as long as the corporate cuts.

Maybe you democrats should have jumped on board and made them permanent. Maybe when you run on raising those taxes back to previous levels there won't be enough of you to even matter.

I'm not a Democrat. Just because someone does suck on Trump's ball sack doesn't mean they are a Democrat.

You're not a democrat but sucking Trumps balls? This is a confusing post.

 

[Lewdog]

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

It's almost like the government is realizing they can't force people to pay them money if they have options. You would think that would be obvious but you dems seem to still not get it.

They COULD force them to pay it. Taxes are laws.

Taxes aren't laws if there's a way around them. Isn't that the lesson we've all learned from the last ten years? Laws can be passed but they are often times unenforceable.

It's not about there being ways around them. It's about the government not pressing the issue.

That's not what I said.

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

I am right you don't know shit


What's in the House Republican tax bill for businesses



Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned.

Many argue that puts American businesses at a disadvantage to foreign competitors. That's because most of the competitors come from countries with territorial tax systems, meaning they don't owe tax to their own governments on income they make offshore.

The House GOP bill would switch corporate taxation to a territorial system. That way, American companies would owe U.S. tax only on what they earn here. Their offshore profits would be subject to whatever tax is imposed by the country where the money is made.

"Now you'd just pay the local rate and bring it back to the U.S. without any additional taxes," said Gavin Ekins, a research economist at the Tax Foundation.

What am I bullshitting about? You just posted what confirms what I said.

"Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned."

 

[Lewdog]

MOST middle class employees got a very small tax cut... and it is only temporary, unlike the corporate tax cut.

ALL middle class people got a tax cut. And you go ahead and run the democrats on making sure that tax cut doesn't stay. I dare you.

It doesn't stay. It isn't built in to last as long as the corporate cuts.

Maybe you democrats should have jumped on board and made them permanent. Maybe when you run on raising those taxes back to previous levels there won't be enough of you to even matter.

I'm not a Democrat. Just because someone does suck on Trump's ball sack doesn't mean they are a Democrat.

You're not a democrat but sucking Trumps balls? This is a confusing post.

Sorry... just because someone DOESN'T suck on Trump's balls doesn't mean they are a Democrat.

 

[oreo]

Look the Republican party is going to burn down with this. Large Corporations went from 35% down to 21%. There is nothing in this bill that requires large corporations to give their employees bonus's or raises.

We are talking about American corporations, like Big Pharma, Oil and others, and many of whom have shipped jobs overseas.

This entire thread is about a major corporation giving out bonuses to their employees based on this tax cut, you idjit.

Plus this bill is very unpopular with the overwhelming majority in this country. There have been protesters at every Republican congressional district across the nation.
Poll: Majority oppose GOP tax-reform bill

Of course it is. It's received nonstop negative coverage by the propagandist media from the get go, not to mention the lies coming from your pals in the Democratic Party. Why is it a surprise that the public would have a negative view of it?

So expect to see a Democrat House and Senate in 2018.

Maybe we will, but the election is 11 months away and a lot can happen. If the 2018 economy is roaring as some people are predicting the Democrats may have a hard time explaining their opposition to it. Time will tell.

In the meantime, I'll tell you the same thing I told the others, sweet cheeks. If you don't want that extra money in your paycheck then you can give it back

Bureau of the Fiscal Service - Gifts to the U.S. Government

None of you whiners, of course, will do this. You'll take the benefit of the cut and still ***** about it like the dishonest and dishonorable hypocrites you are.

What all the leftists forget is----->

1. Coolidge tax cut, economy roared!

2. Kennedy tax cut, economy roared!

3. Clinton capital gains tax cut, economy roared!

4. GW tax cut, economy roared......till it collapsed, thanks to Fannie and Freddie that the left controlled, which is why Barney Frank got the hell out of town.

With 3 of the 4 examples listed above, the economy was in the tank, and it reignited it. With the other example under Clinton, the economy was pretty decent when he cut the capital gains taxes, and the economy almost instantly went absolutely crazy with massive, quick, growth.

That is what the leftists fear, especially after 8 years of Obama, in which the leftists of every strip proclaimed that 2% growth or less, was the new normal.

Does everyone here realize that once the tax breaks are in effect, that if the economy hits 4% for even 1 quarter, the leftists will be unable to get themselves elected dog catcher!

How do we know this?

Look back at Reagan and what happened. Even Democrats voted for him as their paychecks grew. But here is the kicker---------> today unlike then, almost 1/3rd of the electorate are self identified independents. They do not have internal ideological fights like we do. You show them 4% growth that according to the Democrats would NOT HAPPEN AGAIN FOR DECADES that will played repeatedly in commercials, along with more take home cash to boot; and it is Katie bar the door on Democratic ambitions to take over anything but the outhouses in National Forests.

And that is why they FEAR this tax cut. They can NOT point to one time they have not worked in the federal government, nor can they point to one time that LESS money flowed into the treasury because of them. They know they are in deep trouble, and I mean deep-DEEP, trouble. They had hoped the same thing would happen to this, that happened to the Obamacare repeal.......because they know the truth---------> when this works, as it has done each and every time it has been tried, unlike Socialism; the American people will be MORE inclined to pursue other policies, that rebuke what they.....the leftists, have done.

Add to that the other bombshells coming about what they pulled off when Obama was in the Whitehouse that were basically, UNAMERICAN...........and you are going to see a sea of change that will give Republicans......hopefully mostly CONSERVATIVES and not RINO's, the ability to put this country back where the founders intended it to be, under governance that originally made this, America, the envy of the modern world!

Moo
This is a major corporation tax cut. 35 down to 21%. We haven't seen the final bill or the complete details of this bill, but judging from the protesters across this nation it's not going to play out well for the Republican party.

The other tax cuts were done to stimulate a stagnant economy, which were not in. We're close to full employment now. It wasn't necessary. Now was the time to pay down debt not give it away.

And as we all should know by now what the government gives with the right hand they usually take that and more away with the left. And I imagine there's a lot of that in this bill we haven't seen yet.

While large corporations have a lot to celebrate tonight, we will have to see what they do with this new found wealth, but it's not going to stop jobs from going overseas. I imagine stock market buybacks are real popular right now.

 

[Wyatt earp]

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

It's almost like the government is realizing they can't force people to pay them money if they have options. You would think that would be obvious but you dems seem to still not get it.

They COULD force them to pay it. Taxes are laws.

Taxes aren't laws if there's a way around them. Isn't that the lesson we've all learned from the last ten years? Laws can be passed but they are often times unenforceable.

It's not about there being ways around them. It's about the government not pressing the issue.

Feel free to clarify.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

I am right you don't know shit


What's in the House Republican tax bill for businesses



Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned.

Many argue that puts American businesses at a disadvantage to foreign competitors. That's because most of the competitors come from countries with territorial tax systems, meaning they don't owe tax to their own governments on income they make offshore.

The House GOP bill would switch corporate taxation to a territorial system. That way, American companies would owe U.S. tax only on what they earn here. Their offshore profits would be subject to whatever tax is imposed by the country where the money is made.

"Now you'd just pay the local rate and bring it back to the U.S. without any additional taxes," said Gavin Ekins, a research economist at the Tax Foundation.

What am I bullshitting about? You just posted what confirms what I said.

"Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned."

I just told you what was in the tax bill...



I just educated you you're welcome...

 

[Lewdog]

Look the Republican party is going to burn down with this. Large Corporations went from 35% down to 21%. There is nothing in this bill that requires large corporations to give their employees bonus's or raises.

We are talking about American corporations, like Big Pharma, Oil and others, and many of whom have shipped jobs overseas.

This entire thread is about a major corporation giving out bonuses to their employees based on this tax cut, you idjit.

Plus this bill is very unpopular with the overwhelming majority in this country. There have been protesters at every Republican congressional district across the nation.
Poll: Majority oppose GOP tax-reform bill

Of course it is. It's received nonstop negative coverage by the propagandist media from the get go, not to mention the lies coming from your pals in the Democratic Party. Why is it a surprise that the public would have a negative view of it?

So expect to see a Democrat House and Senate in 2018.

Maybe we will, but the election is 11 months away and a lot can happen. If the 2018 economy is roaring as some people are predicting the Democrats may have a hard time explaining their opposition to it. Time will tell.

In the meantime, I'll tell you the same thing I told the others, sweet cheeks. If you don't want that extra money in your paycheck then you can give it back

Bureau of the Fiscal Service - Gifts to the U.S. Government

None of you whiners, of course, will do this. You'll take the benefit of the cut and still ***** about it like the dishonest and dishonorable hypocrites you are.

What all the leftists forget is----->

1. Coolidge tax cut, economy roared!

2. Kennedy tax cut, economy roared!

3. Clinton capital gains tax cut, economy roared!

4. GW tax cut, economy roared......till it collapsed, thanks to Fannie and Freddie that the left controlled, which is why Barney Frank got the hell out of town.

With 3 of the 4 examples listed above, the economy was in the tank, and it reignited it. With the other example under Clinton, the economy was pretty decent when he cut the capital gains taxes, and the economy almost instantly went absolutely crazy with massive, quick, growth.

That is what the leftists fear, especially after 8 years of Obama, in which the leftists of every strip proclaimed that 2% growth or less, was the new normal.

Does everyone here realize that once the tax breaks are in effect, that if the economy hits 4% for even 1 quarter, the leftists will be unable to get themselves elected dog catcher!

How do we know this?

Look back at Reagan and what happened. Even Democrats voted for him as their paychecks grew. But here is the kicker---------> today unlike then, almost 1/3rd of the electorate are self identified independents. They do not have internal ideological fights like we do. You show them 4% growth that according to the Democrats would NOT HAPPEN AGAIN FOR DECADES that will played repeatedly in commercials, along with more take home cash to boot; and it is Katie bar the door on Democratic ambitions to take over anything but the outhouses in National Forests.

And that is why they FEAR this tax cut. They can NOT point to one time they have not worked in the federal government, nor can they point to one time that LESS money flowed into the treasury because of them. They know they are in deep trouble, and I mean deep-DEEP, trouble. They had hoped the same thing would happen to this, that happened to the Obamacare repeal.......because they know the truth---------> when this works, as it has done each and every time it has been tried, unlike Socialism; the American people will be MORE inclined to pursue other policies, that rebuke what they.....the leftists, have done.

Add to that the other bombshells coming about what they pulled off when Obama was in the Whitehouse that were basically, UNAMERICAN...........and you are going to see a sea of change that will give Republicans......hopefully mostly CONSERVATIVES and not RINO's, the ability to put this country back where the founders intended it to be, under governance that originally made this, America, the envy of the modern world!

Moo
This is a major corporation tax cut. 35 down to 21%. We haven't seen the final bill or the complete details of this bill, but judging from the protesters across this nation it's not going to play out well for the Republican party.

The other tax cuts were done to stimulate a stagnant economy, which were not in. We're close to full employment now. It wasn't necessary. Now was the time to pay down debt not give it away.

And as we all should know by now what the government gives with the right hand they usually take that and more away with the left. And I imagine there's a lot of that in this bill we haven't seen yet.

While large corporations have a lot to celebrate tonight, we will have to see what they do with this new found wealth, but it's not going to stop jobs from going overseas. I imagine stock market buybacks are real popular right now.

They only passed this for three reasons.

#1. To say they did something.
#2. To appease their donors.
#3. As a back door way to try and kill Obamacare since they couldn't do it through its own bill.

 

[Lewdog]

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

It's almost like the government is realizing they can't force people to pay them money if they have options. You would think that would be obvious but you dems seem to still not get it.

They COULD force them to pay it. Taxes are laws.

Taxes aren't laws if there's a way around them. Isn't that the lesson we've all learned from the last ten years? Laws can be passed but they are often times unenforceable.

It's not about there being ways around them. It's about the government not pressing the issue.

No... see you got it backwards. The Tax cut was meant so that companies could SAVE money on paying taxes to increase the wages of the employees so that they made more money, and thus also paid more in taxes to help make up for the taxes that big corporations aren't paying. That's the whole idea that the corporate tax cuts would generate more taxes from other sources.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

I am right you don't know shit


What's in the House Republican tax bill for businesses



Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned.

Many argue that puts American businesses at a disadvantage to foreign competitors. That's because most of the competitors come from countries with territorial tax systems, meaning they don't owe tax to their own governments on income they make offshore.

The House GOP bill would switch corporate taxation to a territorial system. That way, American companies would owe U.S. tax only on what they earn here. Their offshore profits would be subject to whatever tax is imposed by the country where the money is made.

"Now you'd just pay the local rate and bring it back to the U.S. without any additional taxes," said Gavin Ekins, a research economist at the Tax Foundation.

What am I bullshitting about? You just posted what confirms what I said.

"Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned."

I just told you what was in the tax bill...



I just educated you you're welcome...

And I told you how they let the corporations off the hook for money they owed. BILLIONS of dollars.

 

[Wyatt earp]

Look the Republican party is going to burn down with this. Large Corporations went from 35% down to 21%. There is nothing in this bill that requires large corporations to give their employees bonus's or raises.

We are talking about American corporations, like Big Pharma, Oil and others, and many of whom have shipped jobs overseas.

This entire thread is about a major corporation giving out bonuses to their employees based on this tax cut, you idjit.

Plus this bill is very unpopular with the overwhelming majority in this country. There have been protesters at every Republican congressional district across the nation.
Poll: Majority oppose GOP tax-reform bill

Of course it is. It's received nonstop negative coverage by the propagandist media from the get go, not to mention the lies coming from your pals in the Democratic Party. Why is it a surprise that the public would have a negative view of it?

So expect to see a Democrat House and Senate in 2018.

Maybe we will, but the election is 11 months away and a lot can happen. If the 2018 economy is roaring as some people are predicting the Democrats may have a hard time explaining their opposition to it. Time will tell.

In the meantime, I'll tell you the same thing I told the others, sweet cheeks. If you don't want that extra money in your paycheck then you can give it back

Bureau of the Fiscal Service - Gifts to the U.S. Government

None of you whiners, of course, will do this. You'll take the benefit of the cut and still ***** about it like the dishonest and dishonorable hypocrites you are.

What all the leftists forget is----->

1. Coolidge tax cut, economy roared!

2. Kennedy tax cut, economy roared!

3. Clinton capital gains tax cut, economy roared!

4. GW tax cut, economy roared......till it collapsed, thanks to Fannie and Freddie that the left controlled, which is why Barney Frank got the hell out of town.

With 3 of the 4 examples listed above, the economy was in the tank, and it reignited it. With the other example under Clinton, the economy was pretty decent when he cut the capital gains taxes, and the economy almost instantly went absolutely crazy with massive, quick, growth.

That is what the leftists fear, especially after 8 years of Obama, in which the leftists of every strip proclaimed that 2% growth or less, was the new normal.

Does everyone here realize that once the tax breaks are in effect, that if the economy hits 4% for even 1 quarter, the leftists will be unable to get themselves elected dog catcher!

How do we know this?

Look back at Reagan and what happened. Even Democrats voted for him as their paychecks grew. But here is the kicker---------> today unlike then, almost 1/3rd of the electorate are self identified independents. They do not have internal ideological fights like we do. You show them 4% growth that according to the Democrats would NOT HAPPEN AGAIN FOR DECADES that will played repeatedly in commercials, along with more take home cash to boot; and it is Katie bar the door on Democratic ambitions to take over anything but the outhouses in National Forests.

And that is why they FEAR this tax cut. They can NOT point to one time they have not worked in the federal government, nor can they point to one time that LESS money flowed into the treasury because of them. They know they are in deep trouble, and I mean deep-DEEP, trouble. They had hoped the same thing would happen to this, that happened to the Obamacare repeal.......because they know the truth---------> when this works, as it has done each and every time it has been tried, unlike Socialism; the American people will be MORE inclined to pursue other policies, that rebuke what they.....the leftists, have done.

Add to that the other bombshells coming about what they pulled off when Obama was in the Whitehouse that were basically, UNAMERICAN...........and you are going to see a sea of change that will give Republicans......hopefully mostly CONSERVATIVES and not RINO's, the ability to put this country back where the founders intended it to be, under governance that originally made this, America, the envy of the modern world!

Moo
This is a major corporation tax cut. 35 down to 21%. We haven't seen the final bill or the complete details of this bill, but judging from the protesters across this nation it's not going to play out well for the Republican party.

The other tax cuts were done to stimulate a stagnant economy, which were not in. We're close to full employment now. It wasn't necessary. Now was the time to pay down debt not give it away.

And as we all should know by now what the government gives with the right hand they usually take that and more away with the left. And I imagine there's a lot of that in this bill we haven't seen yet.

While large corporations have a lot to celebrate tonight, we will have to see what they do with this new found wealth, but it's not going to stop jobs from going overseas. I imagine stock market buybacks are real popular right now.

What protesting? The protest Nancy pelosi didn't show up for because it was so weak?

 

[Wyatt earp]

It's almost like the government is realizing they can't force people to pay them money if they have options. You would think that would be obvious but you dems seem to still not get it.

They COULD force them to pay it. Taxes are laws.

Taxes aren't laws if there's a way around them. Isn't that the lesson we've all learned from the last ten years? Laws can be passed but they are often times unenforceable.

It's not about there being ways around them. It's about the government not pressing the issue.

No the entire idea was cooperation's wouldn't hide trillions of dollars in the Cayman islands..

Wrong, if that was the case then they would be trying to make it so that they have to claim that money already. The government KNOWS they aren't reporting that money, have even offered HUGE breaks on the amount they will forgive if the companies get up to date on what they owe, and the companies STILL aren't paying it. Yet instead of the government doing anything about it, they just give in and give them more tax breaks.

I am right you don't know shit


What's in the House Republican tax bill for businesses



Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned.

Many argue that puts American businesses at a disadvantage to foreign competitors. That's because most of the competitors come from countries with territorial tax systems, meaning they don't owe tax to their own governments on income they make offshore.

The House GOP bill would switch corporate taxation to a territorial system. That way, American companies would owe U.S. tax only on what they earn here. Their offshore profits would be subject to whatever tax is imposed by the country where the money is made.

"Now you'd just pay the local rate and bring it back to the U.S. without any additional taxes," said Gavin Ekins, a research economist at the Tax Foundation.

What am I bullshitting about? You just posted what confirms what I said.

"Territorial tax system: The United States has a worldwide tax system. That means American companies owe U.S. tax on all their profits, regardless of where those profits are earned."

I just told you what was in the tax bill...



I just educated you you're welcome...

And I told you how they let the corporations off the hook for money they owed. BILLIONS of dollars.

And I am telling you they bring it back , it goes back into US banks and they have more money to loan and invest...


Simple economics dude ..

 

[Wyatt earp]

Look the Republican party is going to burn down with this. Large Corporations went from 35% down to 21%. There is nothing in this bill that requires large corporations to give their employees bonus's or raises.

We are talking about American corporations, like Big Pharma, Oil and others, and many of whom have shipped jobs overseas.

This entire thread is about a major corporation giving out bonuses to their employees based on this tax cut, you idjit.

Plus this bill is very unpopular with the overwhelming majority in this country. There have been protesters at every Republican congressional district across the nation.
Poll: Majority oppose GOP tax-reform bill

Of course it is. It's received nonstop negative coverage by the propagandist media from the get go, not to mention the lies coming from your pals in the Democratic Party. Why is it a surprise that the public would have a negative view of it?

So expect to see a Democrat House and Senate in 2018.

Maybe we will, but the election is 11 months away and a lot can happen. If the 2018 economy is roaring as some people are predicting the Democrats may have a hard time explaining their opposition to it. Time will tell.

In the meantime, I'll tell you the same thing I told the others, sweet cheeks. If you don't want that extra money in your paycheck then you can give it back

Bureau of the Fiscal Service - Gifts to the U.S. Government

None of you whiners, of course, will do this. You'll take the benefit of the cut and still ***** about it like the dishonest and dishonorable hypocrites you are.

What all the leftists forget is----->

1. Coolidge tax cut, economy roared!

2. Kennedy tax cut, economy roared!

3. Clinton capital gains tax cut, economy roared!

4. GW tax cut, economy roared......till it collapsed, thanks to Fannie and Freddie that the left controlled, which is why Barney Frank got the hell out of town.

With 3 of the 4 examples listed above, the economy was in the tank, and it reignited it. With the other example under Clinton, the economy was pretty decent when he cut the capital gains taxes, and the economy almost instantly went absolutely crazy with massive, quick, growth.

That is what the leftists fear, especially after 8 years of Obama, in which the leftists of every strip proclaimed that 2% growth or less, was the new normal.

Does everyone here realize that once the tax breaks are in effect, that if the economy hits 4% for even 1 quarter, the leftists will be unable to get themselves elected dog catcher!

How do we know this?

Look back at Reagan and what happened. Even Democrats voted for him as their paychecks grew. But here is the kicker---------> today unlike then, almost 1/3rd of the electorate are self identified independents. They do not have internal ideological fights like we do. You show them 4% growth that according to the Democrats would NOT HAPPEN AGAIN FOR DECADES that will played repeatedly in commercials, along with more take home cash to boot; and it is Katie bar the door on Democratic ambitions to take over anything but the outhouses in National Forests.

And that is why they FEAR this tax cut. They can NOT point to one time they have not worked in the federal government, nor can they point to one time that LESS money flowed into the treasury because of them. They know they are in deep trouble, and I mean deep-DEEP, trouble. They had hoped the same thing would happen to this, that happened to the Obamacare repeal.......because they know the truth---------> when this works, as it has done each and every time it has been tried, unlike Socialism; the American people will be MORE inclined to pursue other policies, that rebuke what they.....the leftists, have done.

Add to that the other bombshells coming about what they pulled off when Obama was in the Whitehouse that were basically, UNAMERICAN...........and you are going to see a sea of change that will give Republicans......hopefully mostly CONSERVATIVES and not RINO's, the ability to put this country back where the founders intended it to be, under governance that originally made this, America, the envy of the modern world!

Moo
This is a major corporation tax cut. 35 down to 21%. We haven't seen the final bill or the complete details of this bill, but judging from the protesters across this nation it's not going to play out well for the Republican party.

The other tax cuts were done to stimulate a stagnant economy, which were not in. We're close to full employment now. It wasn't necessary. Now was the time to pay down debt not give it away.

And as we all should know by now what the government gives with the right hand they usually take that and more away with the left. And I imagine there's a lot of that in this bill we haven't seen yet.

While large corporations have a lot to celebrate tonight, we will have to see what they do with this new found wealth, but it's not going to stop jobs from going overseas. I imagine stock market buybacks are real popular right now.

They only passed this for three reasons.

#1. To say they did something.
#2. To appease their donors.
#3. As a back door way to try and kill Obamacare since they couldn't do it through its own bill.

It was no back door way, the Supreme's ruled it a TAX ..the house said ok if it's a TAX we will just repeal it ...


Simple constitutional rules ..