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When you get alllll corporations to pay - I’ll agree- until then pfft
Corporations don't pay taxes. Their customers/clients do. Taxes (and other overhead expenses like payroll, utilities, etc.) are a factor in the pricing formula for goods and services. Business 101.
Corporations don't pay taxes. Their customers/clients do. Taxes (and other overhead expenses like payroll, utilities, etc.) are a factor in the pricing formula for goods and services. Business 101.
Sure- they get all types of tax free incentives- but they can certainly pay taxes! It’s rigged so they do not have to. We are not blind to this.
Sure- they get all types of tax free incentives- but they can certainly pay taxes! It’s rigged so they do not have to. We are not blind to this.
What part of the following are you not understanding?
Corporations don't pay taxes. Their customers/clients do. Taxes (and other overhead expenses like payroll, utilities, etc.) are a factor in the pricing formula for the goods and services they sell/rent. Business 101.
What part of the following are you not understanding?
Corporations don't pay taxes. Their customers/clients do. Taxes (and other overhead expenses like payroll, utilities, etc.) are a factor in the pricing formula for the goods and services they sell/rent. Business 101.
Business 102 - cut labor costs as much as possible. Outsource labor. Automate. Cut heads. Reduce benefits.
Taxes and basic operating costs are very small in comparison to the cost of labor.
Business 102 - cut labor costs as much as possible. Outsource labor. Automate. Cut heads. Reduce benefits.
Taxes and basic operating costs are very small in comparison to the cost of labor.
I realize that. It doesn't mean corporations pay taxes. Whoever buys/rents corporations' products/services pays any taxes the corporations are charged. Those taxes are factored into the pricing formula like every other overhead expense.
Nope. 45% of all US 1040 filers pay no federal income tax whatsoever. Zero. But they still get Fed Gov services and benefits. That shouldn't be happening. Implement a flat federal incom tax rate. Everyone with income should pay their fair share.
only 13% will even itemize their taxes...87% will take standard deduction.
I realize that. It doesn't mean corporations pay taxes. Whoever buys/rents corporations' products/services pays any taxes the corporations are charged. Those taxes are factored into the pricing formula like every other overhead expense.
Sure, but corporate taxes are small in comparison to the whole pie. Take a look at the federal income receipts. Individuals pay the majority of federal income taxes.
While we're sitting here passing tax cuts (i.e. 2017), hoping corporations would be responsible and pass down some of the money to the average worker. It has not happened one bit. Instead they pissed away all that money to buy back shares and reward themselves and their shareholders. (Of which most stocks/financial instruments are owned by the top 10%). Now in a rainy day, they come running to congress for a bailout package. As far as I know, they can shove it up their a$$. Responsible taxpayers have to save up for a rainy day to still pay bills, corporations must be whipped and enforced to follow the same guideline.
Sure, but corporate taxes are small in comparison to the whole pie. Take a look at the federal income receipts. Individuals pay the majority of federal income taxes.
While we're sitting here passing tax cuts (i.e. 2017), hoping corporations would be responsible and pass down some of the money to the average worker. It has not happened one bit. Instead they pissed away all that money to buy back shares and reward themselves and their shareholders. (Of which most stocks/financial instruments are owned by the top 10%).
The point is flying way over your head. Anyone who thinks corporations should pay tax is only advocating for that tax to be factored into corporations' pricing formula for goods/services. The corporations' clients/customers pay, not the corporations themselves.
The point is flying way over your head. Anyone who thinks corporations should pay tax is only advocating for that tax to be factored into corporations' pricing formula for goods/services. The corporations' clients/customers pay, not the corporations themselves.
It's not, the philosophy of taxes is to use it as a tool to encourage/discourage certain behavior. Corporations I'm sure do factor it, but that's not why they price it so. While customers do pay - cash will flow in/out. I wouldn't look at it as "who pays". Rather than a cash-flow issue.
Pricing of goods and services already have a tool to come up with a price - the free market. Taxes are basically irrelevant here for the most part, it isn't the reason why a price is that.
While we're sitting here passing tax cuts (i.e. 2017), hoping corporations would be responsible and pass down some of the money to the average worker. It has not happened one bit. Instead they pissed away all that money to buy back shares and reward themselves and their shareholders. (Of which most stocks/financial instruments are owned by the top 10%). Now in a rainy day, they come running to congress for a bailout package. As far as I know, they can shove it up their a$$. Responsible taxpayers have to save up for a rainy day to still pay bills, corporations must be whipped and enforced to follow the same guideline.
100 million American workers/retirees, in aggregate, have about $20 trillion worth of investments (stock shares, etc.) in their pensions and/or retirement accounts. Those buybacks helped a LOT of people.
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