A mass political movement for parasitism (arsenal, legal, fence, invasion)
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Not unlike someone yelling, 'fire' in a crowded theatre and the few level headed folks get crushed in the rush created by the selfish who trample everyone else.
"Fire' and "free', two four lettered "F" words that can have disasterous impact when heard by the self absorbed.
Think Progress isn't a non-biased publication so I would at least do a little more research. And who pays corporate taxes anyway? We do. Taxation is a cost of doing business and is rolled into the cost of goods and services which get passed to us in the form of higher prices. Basic freshman economics.
More like simplistic and naive thinking. Freshman economics, ie someone opens a banana stand on the corner, has little if anything to do with huge multinational corporation economics.
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More like simplistic and naive thinking. Freshman economics, ie someone opens a banana stand on the corner, has little if anything to do with huge multinational corporation economics.
Nope. Where did the bananas come from? Where did the materials to build the stand / contain the bananas for sale come from?
Location: In a Galaxy far, far away called Germany
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Quote:
Originally Posted by MTAtech
Do you ride only on roads you built yourself? Are you now typing on an Internet that you created? Do you eat only food you grew? If not, you aren't self-sufficient. Welcome to society.
LOL! That was a joke. The play of words dealing with self-sufficiency but asking for hand-outs. Ok, a little strained (maybe a lot)
"...when the government provides a narrow exemption from general tax obligations it essentially is writing a check."
FAIL.
Anyone who insists paying less in tax is the same as receiving government "welfare," must also then agree that the 95% of federal income tax filers who pay an effective federal income tax rate below 12% are also receiving government welfare. Do you agree to that? Is it really your contention that 95% of the tax-eligible population in the U.S. are welfare-recipients?
Of course, we all realize that you're more up to snuff on economics and taxes than Forbes.
More like simplistic and naive thinking. Freshman economics, ie someone opens a banana stand on the corner, has little if anything to do with huge multinational corporation economics.
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Maybe I should have said Accounting 101. I think that was a junior level course. Either way, in every accounting class in both undergrad and grad school listed taxes as a cost of doing business that is passed along to the consumer in the price of goods and services.
The constitution gives Congress the power to tax. So the money belongs to the people who earn it until Congress taxes it.
Think Progress is a liberal source but one can't dismiss them unless you can cite where they were false.
As far as freshman economics goes, firms establish the highest price that the market will bare on the maximize revenue curve. So, raising prices will cut revenue. Since taxes are assessed on profits, it means only after tax profits would be lower. But even if prices rose, that's an acceptable trade off.
It sure did and the feds take full advantage of taxing. Although they can only spend on 18 things but the Constitution doesn't seem to get in the way there.
Projected taxes are always taken into account. From my wife's home business to Microsoft, everyone is planning their price structure with taxes in mind.
Maybe I should have said Accounting 101. I think that was a junior level course. Either way, in every accounting class in both undergrad and grad school listed taxes as a cost of doing business that is passed along to the consumer in the price of goods and services.
Yes, you have your textbook versions down pat.
For example, if you think that cutting corporate taxes on Walmart is going to lead to a drop in prices at all...you're wrong. They already have the lowest prices. All that it will do is put more profit in their stockholders pockets. The net benefit to the majority of the country would be $0. If you think they would lead to any significant hiring increase by Wal-mart, again you'd be wrong. Pay increase for the majority of Wal-mart employees..again you'd be wrong.
The trickle down fantasy world of the right wing "business savvy" is comical, and it's exactly what's led to the disparity we have know.
But, it's really those parasitic poor people who are responsible for our problems.
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