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can you list out these tax breaks they get that others do not?
They are basing their business on the fact that corporations and wealthy people will be able to write off their jets on their taxes.
No tax write off, they assume they will lose business.
It's the same logic behind the ability to write off meals for business. Why the hell was anyone ever allowed to write meals off in the first place? Now the restaurant industry screams that if you end that write off their business will crash.
Is it the taxpayers fault that their business is based on a BS write off? Bring your own lunch to work.
Every move you make to cut spending or raise revenue has a negative effect on SOMEONE You cut entitlements, some senior has less money to spend, doesn't go out to eat as much maybe, doesn't buy a new TV.
GOP boot lickers only point out what the net result of tax increases or removal of loopholes, but seem fine with the negative impacts of cutting SS and Medicare, as if they have no negative economic impact.
Why do corporate jet manufacturers need to get tax breaks that other businesses don't get in order to keep their business going?
Bootstraps, baby, bootstraps. Get off the govt dole.
actually the answer is if we give out all these breaks...why not just lower the actual RATE???
our corporate tax is the highest in the world
we need to lower taxes..on ALL
cut the darn spending
we dont need SS...unless its the liberals who dont believe that the individual can save on his/her own.....why not makew a manditory individual savings,...instead of a subsity???. lets' start weening people off of it starting with those under 30..let those over 50 keep it as it is,, have those from 30-50 have a modified..and have those under 30 start thier own savings....or do liberals not think americans have the brains...is that what the lberal elite think???
why do we need to spend billions on a FEDERAL dept of ed. when education is a STATE/county/district run entity...do we need 7000 employees in the DOE to set a national standard...does it take 7000 acedemics to write a paper???
actually the answer is if we give out all these breaks...why not just lower the actual RATE???
our corporate tax is the highest in the world
we need to lower taxes..on ALL
cut the darn spending
yeah, we heard you the first 200 times.
Cutting taxes doesn't create jobs, and actual taxes paid by most fortune 500 companies are much much lower than the tax rate would indicate..if they pay any taxes at all. This info is easily available via google in approximately 10 seconds, but something tells me you will continue to go around the internet saying how high tax rates are despite this information being available to you.
I have no problem lowering tax rates if you remove all nonsensical loopholes and start penalizing corporations that reside in the US but offshore everything to avoid taxes.
But, according to the conservobots, you can't ask corporations to do anything or they will destroy the economy out of spite.
I have no problem lowering tax rates if you remove all nonsensical loopholes and start penalizing corporations that reside in the US but offshore everything to avoid taxes.
.
I have been saying that for years
you could have a 10%-15% flat tax on all (individual and corporate) with nearly no loopholes and we would have MORE money...but liberals would rather have a HIGH rate on all and give exemptions to only their friends
They are basing their business on the fact that corporations and wealthy people will be able to write off their jets on their taxes.
No tax write off, they assume they will lose business.
It's the same logic behind the ability to write off meals for business. Why the hell was anyone ever allowed to write meals off in the first place? Now the restaurant industry screams that if you end that write off their business will crash.
Is it the taxpayers fault that their business is based on a BS write off? Bring your own lunch to work.
Every move you make to cut spending or raise revenue has a negative effect on SOMEONE You cut entitlements, some senior has less money to spend, doesn't go out to eat as much maybe, doesn't buy a new TV.
GOP boot lickers only point out what the net result of tax increases or removal of loopholes, but seem fine with the negative impacts of cutting SS and Medicare, as if they have no negative economic impact.
Are you serious with this?
People do not make a living off of tax breaks. What you are basically saying is that Olive Garden, Saltgrass Steakhouse, and other eating places are only in business because business people eat lunches there and get tax write offs for the meal. That is sheer lunacy.
They need customers to run their business.
One more thing - these jets are great multipliers of the economy. In other words, there are numerous systems and sub-systems, and sub-assemblies, and programming, and engineering consultants needed to assemble the final product. So Obama's comments hurt more than just the company that puts together the final product.
Why do corporate jet manufacturers need to get tax breaks that other businesses don't get in order to keep their business going?
Bootstraps, baby, bootstraps. Get off the govt dole.
Quote:
Originally Posted by GregW
Change since when? The beginning of the recession or yesterday?
These Princes of Prosperity had better realize the the public views corporate jets as frivolous toys adding to their cost for goods and services. They are viewed as an extravagance.
Ever consider we might have far better commercial aviation if the corporate Princes had to travel on the same aircraft as the rest of us self loading cargo. There would be changes.
Quote:
Originally Posted by dman72
They are basing their business on the fact that corporations and wealthy people will be able to write off their jets on their taxes.
No tax write off, they assume they will lose business.
It's the same logic behind the ability to write off meals for business. Why the hell was anyone ever allowed to write meals off in the first place? Now the restaurant industry screams that if you end that write off their business will crash.
Is it the taxpayers fault that their business is based on a BS write off? Bring your own lunch to work.
Every move you make to cut spending or raise revenue has a negative effect on SOMEONE You cut entitlements, some senior has less money to spend, doesn't go out to eat as much maybe, doesn't buy a new TV.
GOP boot lickers only point out what the net result of tax increases or removal of loopholes, but seem fine with the negative impacts of cutting SS and Medicare, as if they have no negative economic impact.
here is the problem you guys have when talking about business jets and tax deductions, you have no clue as to what you are talking about.
1: bill gate cannot buy a business jet for his private use and write it off on his taxes. that is known as illegal in this country, and people go to jail for it.
2: when a corporation, or any business for that matter, buys equipment, regardless of what it is, as long as it is for business use can depreciate the value of said piece of equipment as an expense, which is allowed by the government since it is recognized that durable goods have a limited lifespan, be it a stove, cash register, computer, or business jet.
3: the companies who build the jets dont receive tax breaks for building or selling them, the companies that buy them do, and it isnt a tax break so much as an accelerated depreciation schedule.
4: it was president obama that pushed for the accelerated depreciation schedule for corporate jets in the stimulus package, and now he wants to take that away? i hope obakma quits changing his mind all the time so that we can get some certainty back into the economy.
you could have a 10%-15% flat tax on all (individual and corporate) with nearly no loopholes and we would have MORE money...but liberals would rather have a HIGH rate on all and give exemptions to only their friends
Flat tax is stupid, progressive tax makes much more sense, and even most wealthy people believe this, but for some reason middle class talk radio worshippers don't.
here is the problem you guys have when talking about business jets and tax deductions, you have no clue as to what you are talking about.
1: bill gate cannot buy a business jet for his private use and write it off on his taxes. that is known as illegal in this country, and people go to jail for it.
2: when a corporation, or any business for that matter, buys equipment, regardless of what it is, as long as it is for business use can depreciate the value of said piece of equipment as an expense, which is allowed by the government since it is recognized that durable goods have a limited lifespan, be it a stove, cash register, computer, or business jet.
3: the companies who build the jets dont receive tax breaks for building or selling them, the companies that buy them do, and it isnt a tax break so much as an accelerated depreciation schedule.
4: it was president obama that pushed for the accelerated depreciation schedule for corporate jets in the stimulus package, and now he wants to take that away? i hope obakma quits changing his mind all the time so that we can get some certainty back into the economy.
Where did anyone say anything about writing off on personal taxes? Make crap up much?
As for pt #4, if that is the case..why don't the jet manufacturers just ****?
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