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Old 08-19-2019, 06:31 PM
 
11,525 posts, read 7,435,906 times
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Cut taxes on business. Raise taxes on the rich.
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Old 08-19-2019, 06:47 PM
 
30,216 posts, read 16,660,128 times
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Quote:
Originally Posted by Winter_Sucks View Post
Cut taxes on business. Raise taxes on the rich.
Sounds like a shell game.
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Old 08-19-2019, 06:59 PM
 
11,525 posts, read 7,435,906 times
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Quote:
Originally Posted by Frank DeForrest View Post
Sounds like a shell game.
The shell game is the tax code.
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Old 08-19-2019, 07:05 PM
 
1,659 posts, read 323,374 times
Reputation: 1875
Quote:
Originally Posted by Winter_Sucks View Post
The shell game is the tax code.
I have to admit it was easier doing my taxes this year with the streamlining.
Only had 6 forms instead of close to 10 forms.

And that only happens when you get oddball payouts...I got a 1099-PATR (member of electric coop) which required some Farming tax forms.

IMHO they could still do a bit more in streamlining.
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Old 08-19-2019, 07:15 PM
 
1,951 posts, read 492,511 times
Reputation: 1768
Most of these big corporations pay no federal taxes at all, contributing to our massive federal deficits. It helps when you can write the tax laws of course, being that our politicians are for sale, since no one but Progressives care about campaign finance laws.

https://www.cbsnews.com/news/2018-ta...tax-last-year/
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Old 08-19-2019, 07:21 PM
 
1,659 posts, read 323,374 times
Reputation: 1875
Quote:
Originally Posted by Eli34 View Post
Most of these big corporations pay no federal taxes at all, contributing to our massive federal deficits. It helps when you can write the tax laws of course, being that our politicians are for sale, since no one but Progressives care about campaign finance laws.

https://www.cbsnews.com/news/2018-ta...tax-last-year/
Corporations have deep pockets. Gets people re-elected and then when they decide to retire it gets them a job..a nice cushy, high paying job.

Can't say the same for Normal Joe. They need our votes so they promise us the world.
If corporations could vote why we wouldn't even count anymore.
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Old 08-19-2019, 07:22 PM
 
Location: Long Island
33,687 posts, read 14,188,776 times
Reputation: 7218
Quote:
Originally Posted by TMSRetired View Post
the corporations didn't even see 20% tax cuts. Might be because they didn't get 20% ?


https://en.wikipedia.org/wiki/Tax_Cu...bs_Act_of_2017
Some did benefit but this fear that rolling back the tax cuts will result in increases passed onto consumers ignores the obvious. Consumers did not benefit from these corporate cuts.
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Old 08-19-2019, 07:25 PM
 
1,659 posts, read 323,374 times
Reputation: 1875
Quote:
Originally Posted by Goodnight View Post
Some did benefit but this fear that rolling back the tax cuts will result in increases passed onto consumers ignores the obvious. Consumers did not benefit from these corporate cuts.
Not every tax cut means money in your pocket. They could have expanded facilities which leads to more jobs. They could have given bigger raises to their employees, invested more in R&D, upgraded equipment, etc.

It's not all about you.
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Old 08-19-2019, 07:32 PM
 
Location: Denver, CO
8,660 posts, read 1,979,435 times
Reputation: 1701
Quote:
Originally Posted by Winter_Sucks View Post
The shell game is the tax code.
Because all taxation is theft.
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Old 08-19-2019, 07:33 PM
 
11,139 posts, read 11,032,220 times
Reputation: 5484
Quote:
Originally Posted by PedroMartinez View Post
Notice how so many liberals are so up in arms over the cost of Chinese goods going up and the affect on the cost to consumers; meanwhile, most of them want to increase corporate taxes on US companies which will increase the cost to American consumers.

TDS prevents rational thought.
Does tds give you the ability to overlook Trump's trillion dollar annual deficits?
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