Why again do left wingers believe taxing corporations more is helpful to the middle class?

[BluesLegend]

The left HATE corporations, they don't care that high corporate taxes hurt the poor and middle class. They ignore the fact that most middle class public and private pension funds are heavily invested in corporations. Their hatred of corporations and attacking them is their top priority. Its irrational, but that's the left for you.

 

[Rustic]

Corporations are people. Corporations benefit from the government providing schools, infrastructure, safety and security and all the other services that keep our nation strong and healthy.
In fact these people benefit the most.
They should pay their fair share, shouldn't they?

US corporations should be taxed on all their earnings both overseas and here at home. That way they won't have to spend so much money shifting profits overseas to country's with lower tax rates. Like Catapillar for example.

Na, there should be no corporate tax...

 

[brummelben]

The left HATE corporations, they don't care that high corporate taxes hurt the poor and middle class. They ignore the fact that most middle class public and private pension funds are heavily invested in corporations. Their hatred of corporations and attacking them is their top priority. Its irrational, but that's the left for you.

How do high taxes hurt the poor and middle class? What corporations do pay HIGH taxes?

 

[brummelben]

Corporations are people. Corporations benefit from the government providing schools, infrastructure, safety and security and all the other services that keep our nation strong and healthy.
In fact these people benefit the most.
They should pay their fair share, shouldn't they?

US corporations should be taxed on all their earnings both overseas and here at home. That way they won't have to spend so much money shifting profits overseas to country's with lower tax rates. Like Catapillar for example.

Na, there should be no corporate tax...

That should make our national debt at least doubled

 

[NightFox]

Do they know that when corporations are taxed less that it leads to more jobs, more jobs lead to more money stimulating the economy and more economic growth.
.

Probably not, they also don't appear to know that corporations just pass the cost of taxes along in the form of higher prices, lower wages for employees and lower returns to investors.

And the middle class (consisting of about 200 million more people) passes on the cost of their taxes by NOT patronizing corporations, thus decimating their profits.

But hey, you know. Trickle down!

Yeah, it's pretty basic that taxation stunts economic output in the productive sectors of the economy, what was your point? That government should spend less instead of taxing more? I'm all for it.

 

[brummelben]

Do they know that when corporations are taxed less that it leads to more jobs, more jobs lead to more money stimulating the economy and more economic growth.
.

Probably not, they also don't appear to know that corporations just pass the cost of taxes along in the form of higher prices, lower wages for employees and lower returns to investors.

And the middle class (consisting of about 200 million more people) passes on the cost of their taxes by NOT patronizing corporations, thus decimating their profits.

But hey, you know. Trickle down!

Yeah, it's pretty basic that taxation stunts economic output in the productive sectors of the economy, what was your point? That government should spend less instead of taxing more? I'm all for it.

Must be why Trump wants to increase our defense budget, spend more

 

[BluesLegend]

The left HATE corporations, they don't care that high corporate taxes hurt the poor and middle class. They ignore the fact that most middle class public and private pension funds are heavily invested in corporations. Their hatred of corporations and attacking them is their top priority. Its irrational, but that's the left for you.

How do high taxes hurt the poor and middle class? What corporations do pay HIGH taxes?

What part of middle class pensions are heavily invested in corporations didn't sink into your pea brain?

 

[brummelben]

The left HATE corporations, they don't care that high corporate taxes hurt the poor and middle class. They ignore the fact that most middle class public and private pension funds are heavily invested in corporations. Their hatred of corporations and attacking them is their top priority. Its irrational, but that's the left for you.

How do high taxes hurt the poor and middle class? What corporations do pay HIGH taxes?

What part of middle class pensions are heavily invested in corporations didn't sink into your pea brain?

and?

 

[SYTFE]

The left HATE corporations, they don't care that high corporate taxes hurt the poor and middle class. They ignore the fact that most middle class public and private pension funds are heavily invested in corporations. Their hatred of corporations and attacking them is their top priority. Its irrational, but that's the left for you.

Shut the **** up. "The left" create some if the most successful businesses in the world, jackass. There's a reason why a high percentage of the wealthiest Americans are democrats -- because they're a 1000x better at building fantastic businesses than their retarded conservative counterparts.

 

[NightFox]

Do they know that when corporations are taxed less that it leads to more jobs, more jobs lead to more money stimulating the economy and more economic growth.
.

Probably not, they also don't appear to know that corporations just pass the cost of taxes along in the form of higher prices, lower wages for employees and lower returns to investors.

And the middle class (consisting of about 200 million more people) passes on the cost of their taxes by NOT patronizing corporations, thus decimating their profits.

But hey, you know. Trickle down!

Yeah, it's pretty basic that taxation stunts economic output in the productive sectors of the economy, what was your point? That government should spend less instead of taxing more? I'm all for it.

Must be why Trump wants to increase our defense budget, spend more

Uh-huh, he's just another big spending right wing progressive idiot so what is your point? that you want government to spend less instead of taxing more? AGAIN I'm all for it and that includes spending far less on the military.

 

[BluesLegend]

The left HATE corporations, they don't care that high corporate taxes hurt the poor and middle class. They ignore the fact that most middle class public and private pension funds are heavily invested in corporations. Their hatred of corporations and attacking them is their top priority. Its irrational, but that's the left for you.

Shut the **** up. "The left" create some if the most successful businesses in the world, jackass. There's a reason why a high percentage of the wealthiest Americans are democrats -- because they're a 1000x better at building fantastic businesses than their retarded conservative counterparts.

Calm yourself libtard before you break out in hives. ^^^ is what happens when you point out the stupidity of the left, they pop a gasket.

 

[Winston]

Trying, always trying to figure this out. Trust me, they won't have an answer that makes any sense. They follow the same cliches that they need to "tax the rich" and "feed the poor."

Taxing corporations large amounts somehow is good for the middle class?

Do they know that when corporations are taxed less that it leads to more jobs, more jobs lead to more money stimulating the economy and more economic growth.

Do they have any other cliche or something original rather than this notion that trickle down does not work? They believe Reaganomics was bad for this country?

They actually use the notion "trickle up." Someone ought to tell them things don't trickle up. It is literally impossible and they should maybe get their own term and stop using phrases that make zero sense.

So, get ready for complete bullshit from them and more left wing marxist talking points. Nothing original.

It's funny that they simultaneously argue for raising the MW on the basis that it will put more money in the hands of the workers (though ignoring the ones who lose their jobs as a result), and argue for raising/keeping high corporate taxes, though it pus less money in the hands of workers. They're weird people.

How the hell do you get that cutting corporate tax rates puts more money in the hands of the people? Well, except for shareholders MAYBE. More than likely not. So, here is a question. If a company provides a raise to it's employees, is it taxed on the amount of the raise? And if not, would not lowering the tax rate actually encourage companies to take money out of the business rather than reinvest it in their labor force?

That is the supply side. Now the demand side. If we cut taxes on a corporation that is currently selling a product for X amount of dollars why would providing them additional profit encourage them to drop their selling price? Is there additional demand in the marketplace? And if a company gets to KEEP more of the dollars they take in, would they not be encouraged to KEEP even more dollars?

They would cut prices as a competitive measure. They would have to, because all the other corporations would be cutting prices too. That would increase sales, move more product and create more jobs.

You do know, correct, that all corporate taxes are ultimately paid by the customer?

Are you somehow working under the assumption that a product's price actually has something to do with the cost of production? I got news for you, it doesn't. That only works in make believe land by the big rock candy mountain. A company charges WHATEVER THE HELL THEY CAN GET. Besides, just where is the demand going to come from to justify the expansion in production?

And all taxes are paid by the customer is a tired old canard that ignores some basic fundamental economics. Take gas prices. If we eliminate all taxes on gasoline will gas prices automatically drop to reflect that elimination? Hell no, there wouldn't be enough gas out there to meet demand if that happened. The price of gasoline is a direct function of the supply on hand and is strategically calculated to maximize profits and exhaust supplies "JIT". It does not make a happy damn what the tax is nor does it make a happy damn how much a barrel of oil is currently costing. In this particular case, well any tax is essentially taken directly from corporate profits and costs the consumers nothing in additional payment. The same holds true for markets that are highly price elastic, like that soda pop tax thread that was recently going. Business can't pass the tax on because consumers refuse to pay the additional price. Either the companies are going to have to stop production and make no profit or eat the tax and continue to make a little less profit. It is a win/win for society as a whole and the tax is costing consumers nothing in additional spending.

Think of business as a big poker game. Think of taxes as the rake. Tell me, are you going to be more conservative when the rake is high or when the rake is low?

 

[SYTFE]

Also, it never fails to amuse me seeing Republican peons fighting tooth and nail to get corporations lower taxes, meanwhile they're usually living paycheck to paycheck, in debt to their eyeballs, and might not be able to retire until they're 84. You Republicans are the perfect mouthpiece for corporate greed. What natural born muppets you are -- especially the astonishingly stupid OP. ******* pawns.

 

[pwjohn]

Corporations are people. Corporations benefit from the government providing schools, infrastructure, safety and security and all the other services that keep our nation strong and healthy.
In fact these people benefit the most.
They should pay their fair share, shouldn't they?

US corporations should be taxed on all their earnings both overseas and here at home. That way they won't have to spend so much money shifting profits overseas to country's with lower tax rates. Like Catapillar for example.

Na, there should be no corporate tax...

That should make our national debt at least doubled

Nonsense

 

[pwjohn]

Corporations are people. Corporations benefit from the government providing schools, infrastructure, safety and security and all the other services that keep our nation strong and healthy.
In fact these people benefit the most.
They should pay their fair share, shouldn't they?

US corporations should be taxed on all their earnings both overseas and here at home. That way they won't have to spend so much money shifting profits overseas to country's with lower tax rates. Like Catapillar for example.

Na, there should be no corporate tax...

And you're a waste of human skin

 

[Winston]

Do they know that when corporations are taxed less that it leads to more jobs, more jobs lead to more money stimulating the economy and more economic growth.
.

Probably not, they also don't appear to know that corporations just pass the cost of taxes along in the form of higher prices, lower wages for employees and lower returns to investors.

Look, this is really simple. A corporation is not taxed on shit until that corporation pulls the money out of the business. If they want to build a factory, they build it with pretax money. If they want to pass out raises, they pass them out with pretax money. If they want to cut prices to stimulate demand, the lost profits come from pretax money. Anything that a company spends money on that the company does best, you know, what it is in the business to do, comes from pretax money.

Now, after tax money is the money companies use to pay their shareholders, or most of the time, buy back their damn stock. Basically, the company is saying, hey--we don't have any profitable investments to make right now in our business, and we think all you stockholders are too damn stupid to know what to do with any dividends, so we are going to purchase up some stock to burn in a bonfire at the back of headquarters. And that's what they are doing. Now I don't know about what the stockholders would do with it, honestly, I don't give a shit. But I do know this, even the government. Yes, the damn government, can put that money to use, perhaps rebuilding infrastructure, in a far more productive manner than building bonfires with stock certificates.

 

[pwjohn]

Do they know that when corporations are taxed less that it leads to more jobs, more jobs lead to more money stimulating the economy and more economic growth.
.

Probably not, they also don't appear to know that corporations just pass the cost of taxes along in the form of higher prices, lower wages for employees and lower returns to investors.

And the middle class (consisting of about 200 million more people) passes on the cost of their taxes by NOT patronizing corporations, thus decimating their profits.

But hey, you know. Trickle down!

Yeah, it's pretty basic that taxation stunts economic output in the productive sectors of the economy, what was your point? That government should spend less instead of taxing more? I'm all for it.

Must be why Trump wants to increase our defense budget, spend more

Yup

 

[NightFox]

Do they know that when corporations are taxed less that it leads to more jobs, more jobs lead to more money stimulating the economy and more economic growth.
.

Probably not, they also don't appear to know that corporations just pass the cost of taxes along in the form of higher prices, lower wages for employees and lower returns to investors.

Look, this is really simple. A corporation is not taxed on shit until that corporation pulls the money out of the business. If they want to build a factory, they build it with pretax money. If they want to pass out raises, they pass them out with pretax money. If they want to cut prices to stimulate demand, the lost profits come from pretax money. Anything that a company spends money on that the company does best, you know, what it is in the business to do, comes from pretax money.

Now, after tax money is the money companies use to pay their shareholders, or most of the time, buy back their damn stock. Basically, the company is saying, hey--we don't have any profitable investments to make right now in our business, and we think all you stockholders are too damn stupid to know what to do with any dividends, so we are going to purchase up some stock to burn in a bonfire at the back of headquarters. And that's what they are doing. Now I don't know about what the stockholders would do with it, honestly, I don't give a shit. But I do know this, even the government. Yes, the damn government, can put that money to use, perhaps rebuilding infrastructure, in a far more productive manner than building bonfires with stock certificates.

Uh-huh and where does the money come from to pay corporate taxes? The corporate money forest? risk/reward determines capital flows and the reward portion of the equation is also known as profit potential, if you dent profit potential you stunt capital formation in the sector in question thus in order to compete for capital companies will reduce wages and increase prices to maintain competitive returns, of course they're still forced to generate less returns (lower profit potential) because they have to shovel what would otherwise be productive resources to the tax man so investor returns are less than they would otherwise be.

TANSTAFL

"There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen." -- Frédéric Bastiat

 

[Flash]

The dumbass Left Wingers are so stupid they don't even realize that a tax on corporations is a tax on themselves.

Every cent of that about a trillion a year in corporate tax that is paid by American corporations is collected from the sales of goods and services. In other words the people that buy the goods and service tally up the tax dollars.

They would know things like this if they had ever attended a class in economics.

 

[Theowl32]

The dumbass Left Wingers are so stupid they don't even realize that a tax on corporations is a tax on themselves.

Every cent of that about a trillion a year in corporate tax that is paid by American corporations is collected from the sales of goods and services. In other words the people that buy the goods and service tally up the tax dollars.

They would know things like this if they had ever attended a class in economics.

But but but robin hood.....