Republicans want the country to fail

[Hedgology]

Three Fact Checks on Myths About Millionaires and the Taxes They Pay - Roosevelt Institute

and i'm pretty sure dividend income should be taxed at the same rate as any other income.

Then don't tax corporate profits, because that's where dividends come from, and the government already got their taste on that money.

that's idiocy.....

seriously.

taxes are paid as income comes into the hand of the recipient.

not the predecessor of the recipient.

do you not understand that corporate profits are taxed? Then the dividends are taxed again when the shareholder gets them. Its double taxation.

Why do you think corporations are moving out of the USA? any idea?
answer: unions and taxes.

Not much evidence Corporations are moving out of the US because of taxes. Mostly because corporations classify themselves as pass-through entities or S-corporations, which avoid the double taxation and pass on their tax either through the owners or the shareholders.

the US corporate tax rate is 35%, in Ireland its 11%. where would you set up a company?

The U.S., There is a much larger market.

 

[Redfish]

Then don't tax corporate profits, because that's where dividends come from, and the government already got their taste on that money.

that's idiocy.....

seriously.

taxes are paid as income comes into the hand of the recipient.

not the predecessor of the recipient.

do you not understand that corporate profits are taxed? Then the dividends are taxed again when the shareholder gets them. Its double taxation.

Why do you think corporations are moving out of the USA? any idea?
answer: unions and taxes.

Not much evidence Corporations are moving out of the US because of taxes. Mostly because corporations classify themselves as pass-through entities or S-corporations, which avoid the double taxation and pass on their tax either through the owners or the shareholders.

the US corporate tax rate is 35%, in Ireland its 11%. where would you set up a company?

The U.S., There is a much larger market.

sure, but you can build your product in Ireland or China,and sell it in the US. You do know where Iphones are built don't you?

 

[Hedgology]

that's idiocy.....

seriously.

taxes are paid as income comes into the hand of the recipient.

not the predecessor of the recipient.

do you not understand that corporate profits are taxed? Then the dividends are taxed again when the shareholder gets them. Its double taxation.

Why do you think corporations are moving out of the USA? any idea?
answer: unions and taxes.

Not much evidence Corporations are moving out of the US because of taxes. Mostly because corporations classify themselves as pass-through entities or S-corporations, which avoid the double taxation and pass on their tax either through the owners or the shareholders.

the US corporate tax rate is 35%, in Ireland its 11%. where would you set up a company?

The U.S., There is a much larger market.

sure, but you can build your product in Ireland or China,and sell it in the US. You do know where Iphones are built don't you?

The easy of starting a business is much greater in the U.S. than it is in Ireland. That is ultimately what it comes down to when people consider where to set up their operations. When operation cost grows too large, I can always divert manufacturing cost.

 

[Redfish]

do you not understand that corporate profits are taxed? Then the dividends are taxed again when the shareholder gets them. Its double taxation.

Why do you think corporations are moving out of the USA? any idea?
answer: unions and taxes.

Not much evidence Corporations are moving out of the US because of taxes. Mostly because corporations classify themselves as pass-through entities or S-corporations, which avoid the double taxation and pass on their tax either through the owners or the shareholders.

the US corporate tax rate is 35%, in Ireland its 11%. where would you set up a company?

The U.S., There is a much larger market.

sure, but you can build your product in Ireland or China,and sell it in the US. You do know where Iphones are built don't you?

The easy of starting a business is much greater in the U.S. than it is in Ireland. That is ultimately what it comes down to when people consider where to set up their operations. When operation cost grows too large, I can always divert manufacturing cost.

OK, but you are dodging the point, doing business in the US is more expensive that almost anywhere else in the world. Our high tax rate is a disincentive to starting a business.

 

[Hedgology]

Not much evidence Corporations are moving out of the US because of taxes. Mostly because corporations classify themselves as pass-through entities or S-corporations, which avoid the double taxation and pass on their tax either through the owners or the shareholders.

the US corporate tax rate is 35%, in Ireland its 11%. where would you set up a company?

The U.S., There is a much larger market.

sure, but you can build your product in Ireland or China,and sell it in the US. You do know where Iphones are built don't you?

The easy of starting a business is much greater in the U.S. than it is in Ireland. That is ultimately what it comes down to when people consider where to set up their operations. When operation cost grows too large, I can always divert manufacturing cost.

OK, but you are dodging the point, doing business in the US is more expensive that almost anywhere else in the world. Our high tax rate is a disincentive to starting a business.

No, the tax rate is a disincentive for businesses to expand. Corporate taxes are progressive.

The Corporations that are growing have avoiding the tax issue altogether by classifying themselves as pass-through entities, not C-Corporations, which pass their taxes on through the business income and shareholders. There are less Corporations of this kind today than at any point in American history.

 

[Redfish]

the US corporate tax rate is 35%, in Ireland its 11%. where would you set up a company?

The U.S., There is a much larger market.

sure, but you can build your product in Ireland or China,and sell it in the US. You do know where Iphones are built don't you?

The easy of starting a business is much greater in the U.S. than it is in Ireland. That is ultimately what it comes down to when people consider where to set up their operations. When operation cost grows too large, I can always divert manufacturing cost.

OK, but you are dodging the point, doing business in the US is more expensive that almost anywhere else in the world. Our high tax rate is a disincentive to starting a business.

No, the tax rate is a disincentive for businesses to expand. Corporate taxes are progressive.

Its both, but I am tired of going circles with you.

 

[Hedgology]

The U.S., There is a much larger market.

sure, but you can build your product in Ireland or China,and sell it in the US. You do know where Iphones are built don't you?

The easy of starting a business is much greater in the U.S. than it is in Ireland. That is ultimately what it comes down to when people consider where to set up their operations. When operation cost grows too large, I can always divert manufacturing cost.

OK, but you are dodging the point, doing business in the US is more expensive that almost anywhere else in the world. Our high tax rate is a disincentive to starting a business.

No, the tax rate is a disincentive for businesses to expand. Corporate taxes are progressive.

Its both, but I am tired of going circles with you.

No, it's not both. That is the point.

 

[Kosh]

Oh these silly far left drones and their comments/threads..

The far left wanted the US to fail pre-2009, so they voted for a failure to make sure it would happen..

 

[BluesLegend]

They want the US to fail so they could blame Obama, but despite all their obstruction, the failure to pass budgets, the failure to appoint judges, the failure to appoint critical department heads forcing Obama to create "Tsars" instead, the failure of Republicans to do anything meaningful, and IN SPITE all that, and DESPITE Obama being President.

The country has not failed.

And yet voters took the House and Senate away from Obama and Dem's and gave control to the GOP, wait tell us again how Obama is so loved by the people?