Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
These programs make up a relatively small portion of our federal budget.
In contrast, how much have we spent on bailing out Bear Stearns and Frannie Mac and Freddie Mae BILLIONS OF DOLLARS! Hello there! And this was all their own fault for engaging in outrageously risky behavior that caused their losses. Yet we the sucker taxpayer has to come along and bail em out.
Nevermind the oil company subsidies and free leases to drill on public land. And all this corporate welfare while we're paying record high prices while NO SURPRISE HERE oil companies are making the biggest profits ever.
SUCKERS!
This is an example of corporate welfare: (?)
Exxon in 2007 paid more in taxes (30 BILLION) than the entire personal IRS filings of Income Tax Paid by the Bottom 50% of wage earners: $27.4 billion.
It seems to me that the hard left and socialists in general want this segment of the population to be absolved on paying any taxes, because it would benefit the Democrat party every 2 years at the polling place.
This is all part of the grand scheme/propoganda groundswell that you will be exposed to this election cycle as all subsequent ones. Right now the top 50 percent of taxpayers pay almost 96 percent of the taxes. The Democrats are close to their goal. When the majority of voters have no federal income tax liability it will be almost impossible to pass any meaningful tax cuts – and further tax increases will be a piece of cake, especially if the taxes only affect those to be considered to be rich. Through this ploy the Democrats plan to create a defeat-proof socialist congress.
Location: Visitation between Wal-Mart & Home Depot
8,309 posts, read 38,782,175 times
Reputation: 7185
Quote:
Originally Posted by punkrocker27ka
Individuals can't stop paying taxes because they don't feel like it, or don't agree with how its being spent. Why should business be any different?? They are just greedy corporations always looking to fill their pockets even more.
You can stop paying taxes just because you feel like it. Get fired from your job, collect un-employment, then collect welfare when your ridiculously long un-employment window expires.
Exxon in 2007 paid more in taxes (30 BILLION) than the entire personal IRS filings of Income Tax Paid by the Bottom 50% of wage earners: $27.4 billion.
It seems to me that the hard left and socialists in general want this segment of the population to be absolved on paying any taxes, because it would benefit the Democrat party every 2 years at the polling place.
This is all part of the grand scheme/propoganda groundswell that you will be exposed to this election cycle as all subsequent ones. Right now the top 50 percent of taxpayers pay almost 96 percent of the taxes. The Democrats are close to their goal. When the majority of voters have no federal income tax liability it will be almost impossible to pass any meaningful tax cuts – and further tax increases will be a piece of cake, especially if the taxes only affect those to be considered to be rich. Through this ploy the Democrats plan to create a defeat-proof socialist congress.
Please remove the factual information. The masses can't argue against that with any credibility. It may even be a site rule I think going by some of the posters reactions.
The fact mentioned in the article is that 25% of corporations with $100M in revs or more don't pay taxes. So we're now talking about the effective corporate income tax rate, which has always been lower than the nominal rate.
Social programs have gotten us into trillions of dollars of debt to the Chinese??! We've had them for years and have never had these sort of problems. Going to an unnecessary oil war where corrupt companies like Dick Cheney's Halliburton make billions is what got us there.
Haliburton is neither a "corrupt company", nor is it "Dick Cheney's". Dick Cheney was an employee! Haliburton has been around a long time, and it is an oil services company. They get a lot of contracts, because they are the company that knows the most, and the company that has built a lot of the equipment they service. There simply is no one else that can do what they do.
What makes you think they are corrupt? Explain and give evidence. You can't just make a claim like that without something to back it up.
I know someting about Haliburton. They used to be a customer of a company I once worked for, and I can tell you there is nothing wrong or corrupt about Haliburton. Further, my brother-in-law once worked for Haliburton here in Ohio, and also a client of mine. I know something about Haliburton. You are dead wrong. You are reading too much of the liberal "anti-capitalist" blogs.
Quote:
Originally Posted by quelinda
We do also use taxes for our roadways, food safety (that's laughable as not enough is spent in that area), airline safety (another laughable one), federal law enforcement and a whole host of other things that ALL OF YOU benefit from.
So now you people dont want to pay for the roads you drive on like the cheap corporations who benefit from our laws, our education system, our infrastructure but then give us absolutely nothing in return? As evidenced by the GAO, so this is not made-up here. They are benefitting from loads of tax breaks, and the richer the company, the more breaks they seem to receive.
WAKE UP AMERICA! You're GETTING SCREWED by greedy corrupt unpatriotic executives who'll just dump you for the next cheap labor they come across.
You have no idea what you are talking about, and you are sadly misinformed. Give proof for your claims, or keep quiet.
OK. Pop quiz time. Add up the profits of the fortune 500, then add up the taxes paid. Prove to me that large corporations do not pay taxes.
Like the article says, a lot of small companies do not pay taxes because as S Corps the money that the owners pay themselves is taxed on their personal tax returns even though the company itself does not show a large profit. So go ahead, go after the auto repair shop or the local restaurant owner if it makes you feel better.
Amen, right on, and for that reason, I give you more points! Great point, and great post!!!!
They should pay what they owe. Just like everybody else does. Individuals can't stop paying taxes because they don't feel like it, or don't agree with how its being spent. Why should business be any different?? They are just greedy corporations always looking to fill their pockets even more.
They follow the law. They pay what they owe according to IRS rules.
Corporations are not "greedy". They are entitled to make a profit, and they have a responsibility to their stockholders (part owners of the corporation; i.e., investors in the company) to make a profit.
You have a choice: You do not have to buy any products of any company you don't like or think is "greedy". That is called "voting in the marketplace". Exercise that right.
Do you have a computer? (I assume you do) You "voted" for that corporation when you bought it. Do you think Bill Gates is greedy? Then don't buy any Microsoft products. That's how it works.
This is America. We have built this country on what is called "rugged individualism". We are the richest country in the world, and one can become whatever they dream to become (in spite of the obstacles our government places in front of entrepreneurs these days). Our capitalist system is what makes us free.
If you were in business for yourself, you would have a different view. I guarantee it.
They are just greedy corporations always looking to fill their pockets even more.
Hm. You are a business and you make $50,000 a year more (for argument sake, we all know big corps make it to the tens of billions) - Now, the cost to run is around $25,000, and the cost to open a new store is $15,000.
Say the taxes takes out $20,000.
50,000 - taxes (20,000) - fees/charge (25,000) = left over (5,000)
Now, if there were no taxes...
50,000 - fees/charge (25,000) = left over (25,000)
If to open up at another location costs $15,000 - It will only take one year with no taxes (with left-overs). Where as, it would take 3 years with taxes.
Do we care more about economic diversity and spreading business across the nation or even abroad? Or do we care more about the welfare programs and taxes?
Haliburton is neither a "corrupt company", nor is it "Dick Cheney's". Dick Cheney was an employee! Haliburton has been around a long time, and it is an oil services company. They get a lot of contracts, because they are the company that knows the most, and the company that has built a lot of the equipment they service. There simply is no one else that can do what they do.
What makes you think they are corrupt? Explain and give evidence. You can't just make a claim like that without something to back it up.
I know someting about Haliburton. They used to be a customer of a company I once worked for, and I can tell you there is nothing wrong or corrupt about Haliburton. Further, my brother-in-law once worked for Haliburton here in Ohio, and also a client of mine. I know something about Haliburton. You are dead wrong. You are reading too much of the liberal "anti-capitalist" blogs.
You have no idea what you are talking about, and you are sadly misinformed. Give proof for your claims, or keep quiet.
Ok, how about this, they hire corrupt people. Example: Cheney.
They follow the law. They pay what they owe according to IRS rules.
Corporations are not "greedy". They are entitled to make a profit, and they have a responsibility to their stockholders (part owners of the corporation; i.e., investors in the company) to make a profit.
You have a choice: You do not have to buy any products of any company you don't like or think is "greedy". That is called "voting in the marketplace". Exercise that right.
Do you have a computer? (I assume you do) You "voted" for that corporation when you bought it. Do you think Bill Gates is greedy? Then don't buy any Microsoft products. That's how it works.
This is America. We have built this country on what is called "rugged individualism". We are the richest country in the world, and one can become whatever they dream to become (in spite of the obstacles our government places in front of entrepreneurs these days). Our capitalist system is what makes us free.
If you were in business for yourself, you would have a different view. I guarantee it.
The problem is that our government is owned by these greedy companies, and no longer the people.
How many Congressmen conveniently get jobs after leaving Congress with the very companies that lobbied them and which they supported while in office?
How many Congressmen rely heavily on contributions from business to get elected?
Most Congressmen tell you they spend more time raising money for their next election than doing their job.
So, greed wins out and the people lose.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
