US Wind Industry Posts Second Strongest Quarter Ever

[9aces]

I seem to remember a guy named Reagan asking for a line item veto....a Democratic congress thought that was a horrible idea.

If you are middle class and a Republican President asks for line item veto you'd better get worried.

You say it's a Republican way to pass legislation, when the proof stares you in the face BOTH parties fingerprints are all over it. Completely ignoring other legislation that is completely Democratic sponsored.

Ask yourself this; When has a Republican politician authored or supported a bill that helped the middle class and small business WITHOUT giving a bigger boost to big corporations and the wealthy?

And you think a Democratic president is trustworthy? Maybe Bernie as he's about as honest as it gets as a politician, even if he is bat shit crazy. You put your trust in a politician, you're a fool. Note I didn't differentiate between parties.

Why not do both? Since the middle class and businesses pay for everything. Hell who do you think most of the middle class work for? You seem to fail to realize, for everyone that works in the private sector whether worker or owner it's not the government's money, it's THEIR money.

 

[OnePercenter]

Yup. And the distribution is taxable for the recipient.

Only if the distribution is cash.

What else would it be?

-Through deferment or distribution you reduce the taxable income of the corporation to the magic $50k (15%).
-15% of 50k = $7,500.00
-$7,500.00 ÷ $1,000.000.00 = .008%

That's 0.75%.

A corporation with total income of $1M payed $7500.00 in federal tax

No. They paid $7500 on income of $50k.
The recipient paid $332,569.05 on income of $950,000.

Almost exactly 34%, total

What else would it be?

Free rent, free transportation, corporate credit card.

That's 0.75%.

That's 0.0075%

No. They paid $7500 on income of $50k.

No. They paid $7500 on TAXABLE income of $50k.

The recipient paid $332,569.05 on income of $950,000.

The recipient is the corporation which paid $7500.00 on total income of $1,000,000.00.

Corporations ARE NOT over taxed.

Free rent, free transportation, corporate credit card.

Valid expenses are deductible. So?

That's 0.0075%

7500/1000000=.0075 or 0.75%. Moron.

No. They paid $7500 on TAXABLE income of $50k.

Yes. Because double taxing the $950,000 distribution would be stupid.

The recipient is the corporation which paid $7500.00 on total income of $1,000,000.00.

The recipient wasn't you? In that case, the corporate tax was $323,000
$330,500 total.

That's awful! A 33% tax rate.

A far cry from your single digit claim .

Why would you pay $330,500.00 on $50,000.00 taxable income?

The trust ends at the corporation. The corporations job is to distribute proceeds. The corporation defers 75% for investment (usually in perpetuity) 20% for management of investment, and 5% taxable income.

 

[Toddsterpatriot]

Yup. And the distribution is taxable for the recipient.

Only if the distribution is cash.

What else would it be?

-Through deferment or distribution you reduce the taxable income of the corporation to the magic $50k (15%).
-15% of 50k = $7,500.00
-$7,500.00 ÷ $1,000.000.00 = .008%

That's 0.75%.

A corporation with total income of $1M payed $7500.00 in federal tax

No. They paid $7500 on income of $50k.
The recipient paid $332,569.05 on income of $950,000.

Almost exactly 34%, total

What else would it be?

Free rent, free transportation, corporate credit card.

That's 0.75%.

That's 0.0075%

No. They paid $7500 on income of $50k.

No. They paid $7500 on TAXABLE income of $50k.

The recipient paid $332,569.05 on income of $950,000.

The recipient is the corporation which paid $7500.00 on total income of $1,000,000.00.

Corporations ARE NOT over taxed.

Free rent, free transportation, corporate credit card.

Valid expenses are deductible. So?

That's 0.0075%

7500/1000000=.0075 or 0.75%. Moron.

No. They paid $7500 on TAXABLE income of $50k.

Yes. Because double taxing the $950,000 distribution would be stupid.

The recipient is the corporation which paid $7500.00 on total income of $1,000,000.00.

The recipient wasn't you? In that case, the corporate tax was $323,000
$330,500 total.

That's awful! A 33% tax rate.

A far cry from your single digit claim .

Why would you pay $330,500.00 on $50,000.00 taxable income?

The trust ends at the corporation. The corporations job is to distribute proceeds. The corporation defers 75% for investment (usually in perpetuity) 20% for management of investment, and 5% taxable income.

Why would you pay $330,500.00 on $50,000.00 taxable income?

You wouldn't.
You'd pay $7500 on $50,000 and $323,000 on the other $950,000.

The trust ends at the corporation

So what?

The corporations job is to distribute proceeds.

Yes, its job is to distribute taxable proceeds.

The corporation defers 75% for investment (usually in perpetuity) 20% for management of investment, and 5% taxable income.

Your imaginary numbers left nothing for distribution.

 

[OnePercenter]

Why would you pay $330,500.00 on $50,000.00 taxable income?

You wouldn't.
You'd pay $7500 on $50,000 and $323,000 on the other $950,000.

The trust ends at the corporation

So what?

The corporations job is to distribute proceeds.

Yes, its job is to distribute taxable proceeds.

The corporation defers 75% for investment (usually in perpetuity) 20% for management of investment, and 5% taxable income.

Your imaginary numbers left nothing for distribution.

The corporation distributed $950k; 750k investment deferred in perpetuity, and 200k in deductions for maintaining the investment. The corporation pays $7500.00 on $1M in earnings. Corporations are not over taxed.

 

[Toddsterpatriot]

Why would you pay $330,500.00 on $50,000.00 taxable income?

You wouldn't.
You'd pay $7500 on $50,000 and $323,000 on the other $950,000.

The trust ends at the corporation

So what?

The corporations job is to distribute proceeds.

Yes, its job is to distribute taxable proceeds.

The corporation defers 75% for investment (usually in perpetuity) 20% for management of investment, and 5% taxable income.

Your imaginary numbers left nothing for distribution.

The corporation distributed $950k; 750k investment deferred in perpetuity, and 200k in deductions for maintaining the investment. The corporation pays $7500.00 on $1M in earnings. Corporations are not over taxed.

The corporation distributed $950k;

The recipient owes taxes on $950k.

 

[OnePercenter]

The corporation distributed $950k;

The recipient owes taxes on $950k.

How do you owe taxes on deferred income and legal deductions?

 

[Toddsterpatriot]

The corporation distributed $950k;

The recipient owes taxes on $950k.

How do you owe taxes on deferred income and legal deductions?

You owe taxes on the trust distribution.

 

[OnePercenter]

The corporation distributed $950k;

The recipient owes taxes on $950k.

How do you owe taxes on deferred income and legal deductions?

You owe taxes on the trust distribution.

The trust ends at the corporation.

 

[Toddsterpatriot]

The corporation distributed $950k;

The recipient owes taxes on $950k.

How do you owe taxes on deferred income and legal deductions?

You owe taxes on the trust distribution.

The trust ends at the corporation.

Cool story. Distributions are taxable.

 

[OnePercenter]

The corporation distributed $950k;

The recipient owes taxes on $950k.

How do you owe taxes on deferred income and legal deductions?

You owe taxes on the trust distribution.

The trust ends at the corporation.

Cool story. Distributions are taxable.

Distributions funneled through a corporation are deductible.

 

[Toddsterpatriot]

The corporation distributed $950k;

The recipient owes taxes on $950k.

How do you owe taxes on deferred income and legal deductions?

You owe taxes on the trust distribution.

The trust ends at the corporation.

Cool story. Distributions are taxable.

Distributions funneled through a corporation are deductible.

And the recipient owes taxes.

It's weird that you don't know this.
It's like you've been lying about the whole thing.

 

[OnePercenter]

How do you owe taxes on deferred income and legal deductions?

You owe taxes on the trust distribution.

The trust ends at the corporation.

Cool story. Distributions are taxable.

Distributions funneled through a corporation are deductible.

And the recipient owes taxes.

It's weird that you don't know this.
It's like you've been lying about the whole thing.

The recipient is the corporation.

 

[Toddsterpatriot]

You owe taxes on the trust distribution.

The trust ends at the corporation.

Cool story. Distributions are taxable.

Distributions funneled through a corporation are deductible.

And the recipient owes taxes.

It's weird that you don't know this.
It's like you've been lying about the whole thing.

The recipient is the corporation.

That means the corporation owes taxes on $950,000.

 

[OnePercenter]

That means the corporation owes taxes on $950,000.

All legally deferred in perpetuity or deductible.

The corporation payed $7500.00 on $1M in income.

US corporations ARE NOT overtaxed.

 

[Toddsterpatriot]

That means the corporation owes taxes on $950,000.

All legally deferred in perpetuity or deductible.

The corporation payed $7500.00 on $1M in income.

US corporations ARE NOT overtaxed.

All legally deferred in perpetuity or deductible.

You'll have to explain how your magic trust distribution to your magic corporation magically defers taxes on your $950,000.


The corporation payed $7500.00 on $1M in income.

No, your imaginary trust PAID $7500 on $50,000 in income.
The corporation pays $323,000 on their $950,000 receipt.

 

[OnePercenter]

All legally deferred in perpetuity or deductible.

You'll have to explain how your magic trust distribution to your magic corporation magically defers taxes on your $950,000.


The corporation payed $7500.00 on $1M in income.

No, your imaginary trust PAID $7500 on $50,000 in income.
The corporation pays $323,000 on their $950,000 receipt.

You'll have to explain how your magic trust distribution to your magic corporation magically defers taxes on your $950,000.

Sure. Purchase a property (investment) for $750k which tax can be deferred in perpetuity.

Maintenance for the investment is $200k which is a legal deduction at 100%.

Taxable income of $1m is $50k.

Federal corporate tax on $50k is $7500.00.

On total income of $1M you pay $7500.00 in federal tax

I have six properties of separate trust/corporations I use this method of tax savings.

 

[Toddsterpatriot]

All legally deferred in perpetuity or deductible.

You'll have to explain how your magic trust distribution to your magic corporation magically defers taxes on your $950,000.


The corporation payed $7500.00 on $1M in income.

No, your imaginary trust PAID $7500 on $50,000 in income.
The corporation pays $323,000 on their $950,000 receipt.

You'll have to explain how your magic trust distribution to your magic corporation magically defers taxes on your $950,000.

Sure. Purchase a property (investment) for $750k which tax can be deferred in perpetuity.

Maintenance for the investment is $200k which is a legal deduction at 100%.

Taxable income of $1m is $50k.

Federal corporate tax on $50k is $7500.00.

On total income of $1M you pay $7500.00 in federal tax

I have six properties of separate trust/corporations I use this method of tax savings.

Sure. Purchase a property (investment) for $750k which tax can be deferred in perpetuity.

Sorry, buying an investment property isn't a write-off.

Any other lies you'd like to try out?

 

[IsaacNewton]

A whole thread where cons find a way for wind to be evil.

George Orwell why did you have to be so right you frigin punk.

 

[Toddsterpatriot]

A whole thread where cons find a way for wind to be evil.

George Orwell why did you have to be so right you frigin punk.

Wind isn't evil, just a waste of money.

 

[OnePercenter]

All legally deferred in perpetuity or deductible.

You'll have to explain how your magic trust distribution to your magic corporation magically defers taxes on your $950,000.


The corporation payed $7500.00 on $1M in income.

No, your imaginary trust PAID $7500 on $50,000 in income.
The corporation pays $323,000 on their $950,000 receipt.

You'll have to explain how your magic trust distribution to your magic corporation magically defers taxes on your $950,000.

Sure. Purchase a property (investment) for $750k which tax can be deferred in perpetuity.

Maintenance for the investment is $200k which is a legal deduction at 100%.

Taxable income of $1m is $50k.

Federal corporate tax on $50k is $7500.00.

On total income of $1M you pay $7500.00 in federal tax

I have six properties of separate trust/corporations I use this method of tax savings.

Sure. Purchase a property (investment) for $750k which tax can be deferred in perpetuity.

Sorry, buying an investment property isn't a write-off.

Any other lies you'd like to try out?

I never wrote that.