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$25 billion taxpayer money is stuck in the stock which isn't high enough for the government to sell and recoup.
$45 billion tax break the USG gave GM.
$14 billion domestic tax break.
That adds up to $84 billion in potential total losses.
When corporates don't pay their taxes the revenue has to come from somewhere else..namely Joe and Jane Mainstreet.
$25 billion taxpayer money is stuck in the stock which isn't high enough for the government to sell and recoup.
$45 billion tax break the USG gave GM.
$14 billion domestic tax break.
That adds up to $84 billion in potential total losses.
When corporates don't pay their taxes the revenue has to come from somewhere else..namely Joe and Jane Mainstreet.
$45 billion tax break the USG gave GM.
$14 billion domestic tax break.
... but.. but... but... Uncle Glenn told me that tax breaks to corporations stimulates the economy, creates jobs, and trickles down to the little guy...
... but.. but... but... Uncle Glenn told me that tax breaks to corporations stimulates the economy, creates jobs, and trickles down to the little guy...
Nah. This is your guy who gave them the bail outs.
... but.. but... but... Uncle Glenn told me that tax breaks to corporations stimulates the economy, creates jobs, and trickles down to the little guy...
Tax breaks are a stimulus, but that doesnt mean they dont come at a cost.
I see you are having difficulty figuring out that the thread isnt about Glenn...
Nice to see conservatives agreeing that tax breaks to corporations shifts the tax burden to the middle class.
BZZZ fail again.. tax breaks allow companies to lower the cost of their products and better compete. With lower prices, you LOWER the burden on the middle class.. not raise them..
its a hidden tax, but I'm not amazed to see you supporting policies that are harmful to the very individuals you proclaim to be supporting.. General math is difficult to some I see...
BZZZ fail again.. tax breaks allow companies to lower the cost of their products and better compete. With lower prices, you LOWER the burden on the middle class.. not raise them..
Man, you guys are so confusing...
Quote:
When corporates don't pay their taxes the revenue has to come from somewhere else..namely Joe and Jane Mainstreet.
Quote:
Originally Posted by pghquest
Tax breaks are a stimulus, but that doesnt mean they dont come at a cost.
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Tax breaks are a stimulus, but that doesnt mean they dont come at a cost. 
