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Old 06-30-2011, 12:08 PM
 
2,112 posts, read 2,698,306 times
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Corporate America can cut out the "creative economics" and actually pay taxes on their billion dollar profits.

Last edited by Cindy_Jole; 06-30-2011 at 12:26 PM.. Reason: typo
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Old 06-30-2011, 12:17 PM
 
Location: Washington, DC NoVA
1,103 posts, read 2,263,082 times
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Quote:
Originally Posted by Majin View Post
We already know you think the poor/middle class should sacrafice by giving up some benefits to social programs such as social security, medicare, medicaid, pell grants, heating assistance, housing assistance, etc.

In what ways should the rich and corporate america contribute?
they contribute by paying your salaries. why don't you go to the bronx or compton and tell THEM to start contributing to something that will make them more well known for something besides murder rates? like higher graduation rates and marrying before "doing it" and providing for THEMSELVES like my ancestors had to do in a time when welfare didn't exist and child labor was common and wages were A LOT lower.
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Old 06-30-2011, 12:19 PM
 
1,432 posts, read 1,092,427 times
Reputation: 333
Quote:
Originally Posted by simetime View Post
Please give examples of someone going from proverty to being rich without a inheritance, lottery, or self promotion (athletics/entertainment). Many of the people that you mentioned had enough money to invest which is something that the poor does not. BTW, many people became rich during the 80's were b/c of the dot.com rage (see Mark Cuban/Bill Gates) and a hell of alot of drug dealers. These new millionaires came about not because of tax breaks or anything else the government had an active hand in. Please explain the influx of the new milionaires and the destruction of the middle class today? Could it be that they are related (business or by blood) and are just continuing to feed off the political tit of the government?

Arthur Blank - Wikipedia, the free encyclopedia

Heres on for you...Arthur Blank founder of Home Depot.....why don't you read a bit..quite a success story...
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Old 06-30-2011, 12:22 PM
 
1,432 posts, read 1,092,427 times
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Quote:
Originally Posted by Cindy_Jole View Post
Corporate American can cut out the "creative economics" and actually pay taxes on their billion dollar profits.

Why don't we ask those folks who pay no income taxes to chip in and pay for the services they recieve....
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Old 06-30-2011, 12:24 PM
 
20,462 posts, read 12,390,108 times
Reputation: 10259
Quote:
Originally Posted by Cindy_Jole View Post
Corporate American can cut out the "creative economics" and actually pay taxes on their billion dollar profits.

Can you explain how a corporation pays taxes without passing those taxes along to their customers?


you do realize that the majority of the customers of the majority of corporations are middle and lower income people right?
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Old 06-30-2011, 12:31 PM
 
2,112 posts, read 2,698,306 times
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Quote:
Originally Posted by Ferd View Post
Can you explain how a corporation pays taxes without passing those taxes along to their customers?


you do realize that the majority of the customers of the majority of corporations are middle and lower income people right?
Last year GE paid no taxes on their 5 billion in profits. They also got billions in tax credits. What does that have to do with having middle and lower income customers?
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Old 06-30-2011, 12:50 PM
 
Location: MS
4,395 posts, read 4,914,362 times
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Quote:
Originally Posted by Cindy_Jole View Post
Last year GE paid no taxes on their 5 billion in profits. They also got billions in tax credits. What does that have to do with having middle and lower income customers?
That means GE didn't have to pass along those taxes as higher prices.

But you didn't answer Ferd's question - Can you explain how a corporation pays taxes without passing those taxes along to their customers?
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Old 06-30-2011, 12:52 PM
 
Location: MS
4,395 posts, read 4,914,362 times
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Quote:
Originally Posted by Secchamps98 View Post
Arthur Blank - Wikipedia, the free encyclopedia

Heres on for you...Arthur Blank founder of Home Depot.....why don't you read a bit..quite a success story...
If you look at a lot of the richest people in the US, most are hard working success stories. Bill Gates came from a middle class family. Larry Ellison was raised by a single mom. Sam Walton was managing a single retail store for someone else when he decided to branch out on his own.
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Old 06-30-2011, 12:55 PM
 
Location: Charlotte
12,642 posts, read 15,603,956 times
Reputation: 1680
Quote:
Originally Posted by Robert_J View Post
That means GE didn't have to pass along those taxes as higher prices.

But you didn't answer Ferd's question - Can you explain how a corporation pays taxes without passing those taxes along to their customers?
Limit profit, limit employee benefit and compensation, increase subsidies, raise price of goods and services, eliminate product line, increase efficiency, eliminate employees.

May have missed a few...
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Old 06-30-2011, 01:04 PM
 
Location: New Jersey
12,755 posts, read 9,652,910 times
Reputation: 13169
Quote:
Originally Posted by pghquest View Post
because the money goes to the poor and middle class
Listen, Mr. Richy Rich

I'm lower middle class and I get NOTHING!
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