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Old 08-11-2011, 05:13 PM
 
6,940 posts, read 9,679,931 times
Reputation: 3153

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Quote:
Originally Posted by pghquest View Post
This is about as embarassing as your OP.. corporations are tried in court every day of the year
What?

Shareholders are part of corporations. Corporations have special rights. They have limited liability, which means shareholders are not liable and subject to conviction in the court of law.

If a person is convicted of stealing, why doesn't he have the same right as a corporation to only jail his hand instead of his foot.

Give me a break!!!!!!
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Old 08-11-2011, 05:14 PM
 
Location: Inland Levy County, FL
8,806 posts, read 6,110,985 times
Reputation: 2949
Quote:
Originally Posted by burdell View Post
For a starter, search 'oil company tax breaks' and enjoy the 7,000,000+ hits in ~ .2 seconds.

Or, everyone eats, why can't the average working stiff write-off their meals? Why should some people be forced to subsidize the cost of corporate(they're people ya know) business meals?
If it's a legitimate business cost, why shouldn't they write it off? Btw, they can only write off half of what they paid.
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Old 08-11-2011, 05:15 PM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
Quote:
Originally Posted by burdell View Post
BULL! IF corporations are people then let them be subject to the same tax liabilities as any other 'people'. Otherwise that whole line of reasoning that corporations are people is nothing but a pile of steaming crap.
So corporations dont pay taxes? I think they do. If they were not a person, then they wouldnt have tax liabilities, but no one I know old enough to be posting here thinks corporations dont file tax returns.
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Old 08-11-2011, 05:16 PM
 
Location: Inland Levy County, FL
8,806 posts, read 6,110,985 times
Reputation: 2949
Quote:
Originally Posted by burdell View Post
As I've said, IF corporations are people and are to be treated as such then it's either you shouldn't be allowed to write-off your dog's expenses or everyone should be able to write-off their dog's expenses. These are the type of breaks you inferred didn't exist.
What are you not understanding about "business expense"? Are you using your dog in a commercial also?
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Old 08-11-2011, 05:17 PM
 
1,245 posts, read 2,211,644 times
Reputation: 1267
Quote:
Originally Posted by andrea3821 View Post
People (mostly liberals) don't seem to understand that corporations are subject to double taxation. Not only is the corporation taxed (b/c it's considered to be a person...it's a separate entity), but the dividends are taxed (as are capital gains). If you want to say corporations are NOT people, then perhaps they should not be paying ANY taxes. Would you rather have it that way? I doubt it.

Btw, corporations can be sued, not sure why the whole "can't be tried in court" thing came up.
I'd say they shouldn't exist if they are given artificial personhood. That came up because corporate entities are often entangled in criminal, not civil, messes. Like bureaucratization, culpability becomes muddled as it becomes difficult to pinpoint who to blame.
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Old 08-11-2011, 05:18 PM
 
1,245 posts, read 2,211,644 times
Reputation: 1267
Quote:
Originally Posted by pghquest View Post
So corporations dont pay taxes? I think they do. If they were not a person, then they wouldnt have tax liabilities, but no one I know old enough to be posting here thinks corporations dont file tax returns.
Is a house that's taxed a person?! Oh and corporations with good staffs do not pay taxes. For example, GE paid none and received a billion dollar piece of corporate welfare.
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Old 08-11-2011, 05:18 PM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
Quote:
Originally Posted by knowledgeiskey View Post
What?

Shareholders are part of corporations. Corporations have special rights. They have limited liability, which means shareholders are not liable and subject to conviction in the court of law.
Owners of corporations ahve limited liabilities, but thats not what you said. You said they cant be tried in court. Not only can they be tried in court, but they also can be hauled in front of Congress as well.
Quote:
Originally Posted by knowledgeiskey View Post
If a person is convicted of stealing, why doesn't he have the same right as a corporation to only jail his hand instead of his foot.
You arent making any sense. I have a judgment against a corporation for over $500K, which I obtained by suing them.
Quote:
Originally Posted by knowledgeiskey View Post
Give me a break!!!!!!
I prefer to give you an education so you stop embarassing yourself
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Old 08-11-2011, 05:19 PM
 
Location: Inland Levy County, FL
8,806 posts, read 6,110,985 times
Reputation: 2949
Quote:
Originally Posted by knowledgeiskey View Post
What?

Shareholders are part of corporations. Corporations have special rights. They have limited liability, which means shareholders are not liable and subject to conviction in the court of law.

If a person is convicted of stealing, why doesn't he have the same right as a corporation to only jail his hand instead of his foot.

Give me a break!!!!!!
By our logic, allllll the shareholders of Enron should be sitting right next to the CEO.

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Old 08-11-2011, 05:21 PM
 
69,368 posts, read 64,108,083 times
Reputation: 9383
Quote:
Originally Posted by poletop1 View Post
Is a house that's taxed a person?!
A house doesnt file for a tax id, nor do they pay income tax.
Quote:
Originally Posted by poletop1 View Post
Oh and corporations with good staffs do not pay taxes. For example, GE paid none and received a billion dollar piece of corporate welfare.
They actually received $3.2B in corporate welfare thanks to Obama and his stimulus bill, but the fact that they received corporate welfare actually validates the fact they are a person. You cant give welfare to something that doesnt exist, and they are no different than individuals who pay good staffers to avoid paying income tax.
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Old 08-11-2011, 05:22 PM
 
10,854 posts, read 9,301,747 times
Reputation: 3122
Quote:
Originally Posted by andrea3821 View Post
People (mostly liberals) don't seem to understand that corporations are subject to double taxation. Not only is the corporation taxed (b/c it's considered to be a person...it's a separate entity), but the dividends are taxed (as are capital gains). If you want to say corporations are NOT people, then perhaps they should not be paying ANY taxes. Would you rather have it that way? I doubt it.

Btw, corporations can be sued, not sure why the whole "can't be tried in court" thing came up.

Cry me a river.

Corporations are making record profits.


And as for corporations not paying taxes you should watch the part of the clip when Mitt Romney says:

Quote:
Where does the money from corporatons go? TO THE PEOPLE
Seems like Mitt is all for giving money from corporaitons to the PEOPLE.
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