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10-13-2011, 4:15pm | #61 | ||||||
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10-13-2011, 4:26pm | #62 | ||||||
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10-13-2011, 4:31pm | #63 | |||||||
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Companies only pass costs along to their customers if they can. If a company could simply increase prices, they would all do it, with or without a tax increase. But if they did so, they may just price themselves out of the market. They will either take the hit of an increased corporate income tax through their profits, or lose their customer base. Consider this - A company prices its product or service to meet market demands. If corporations could pass all of a tax increase along to their customers, they would have no reason to object to increased taxes. Republicans would also not object because more taxpayers who today pay little or no taxes, would then pay more taxes and reduce the deficit. That ain't whats happening... |
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10-13-2011, 5:04pm | #64 | |||||||
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Am i being trolled and baited here? |
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10-13-2011, 5:14pm | #65 | |||||||||||||||
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10-13-2011, 5:18pm | #66 | ||||||
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10-13-2011, 5:38pm | #67 | |||||||
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10-13-2011, 5:51pm | #68 | ||||||
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A for-profit business exists for one reason only, Joecooool: to make a profit.
If a business can't turn a profit high enough to satisfy its owners, it goes out of business. The owners will simply look elsewhere to get a desirable return from another investment or a different business. Taxes, among other costs, can tip any business over the edge. If the market won't allow an increase in cost due to any increase in expenses such as taxes the business cannot remain afloat. Any idiot should be able to comprehend this simple concept. |
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10-13-2011, 7:31pm | #69 | |||||||
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Bleeding heart liberals. "Oooo, those nasty, mean, rich corporations." again. |
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10-13-2011, 7:57pm | #70 | ||||||
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Here's a few stats for Mr. Cool.
The corporate tax rate is not 15% it is 35%. You need to earn about $380K to enter the 1% category. That 1% earn about 18% of all income in the U.S. But they pay 40% of all taxes. Corporations and high earners pay far more than "their share". The people protesting are ignorant. But I do agree that corporations have too much influence on the political process. |
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10-13-2011, 8:00pm | #71 | |||||||
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10-13-2011, 8:04pm | #72 | |||||||
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10-13-2011, 9:55pm | #73 | |||||||
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Now the ugly reality has set in. All that new wealth Wall St created using the new paradigm? Poof- the new paradigm was just the old smoke and mirrors. And those stunning losses? Yup- the taxpayer wound up being the backstop. And those Corporations, the ones that convinced us those high-paying manufacturing jobs shipped overseas would easily be replaced by new, high-tech jobs locally? Some went under- again the taxpayer stepped in. Others found out it's tough to sell stuff when the consumer is struggling to keep a roof over their head. And that global economy? Turned into 10% unemployment, and double that rate for young workers. Yeah, that worked out well. And all those service sector jobs created? Hard to buy a house on $10/hr. (It'll take decades to work off that excess inventory, but that's another story). Which brings us to today, and a bunch of pot-smoking hippies calling BS on the whole system. Here's my question- how many mainstream voters are sitting in front of their TV's nodded their heads quietly to what these kids are saying? My guess is, one helluva lot more than anyone here thinks. Which should make the elections of 2012 a lot more entertaining than anyone's expecting right now. |
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10-14-2011, 8:35am | #74 | |||||||
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10-14-2011, 9:48am | #75 | ||||||
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Vilifying corporations because they take advantage of completely legal tax legislation is ridiculous and counter-productive.
If that's what those goofy protesters are doing, they are stupider than I think they are. Capitalism is what made this country great; it insured our freedoms, funded our military and gave us the highest standard of living in the world. Anyone who doesn't accept that as gospel is either functionally illiterate or being fed through a tube. That being said, you still have to make your own way. Like I always say, the world don't GAS enough about you to want to eff you over. Unfortunately what I see today is that many, many citizens of this country are looking for a free ride. Bailouts, handouts, loan forgiveness, hep' me b/c of the color of my skin or my ancestry... Give it a rest and go bust your own ass. |
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10-14-2011, 10:00am | #76 | ||||||
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What I don't understand is the main concept of this. It seems completely ass backwards to go after those who are sucessful.
Maybe I was raised in a different manner, but my whole life, I have done everything I could to bring myself up to the highest level... not bring those who were more sucessful down. |
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10-14-2011, 10:09am | #77 | |||||||
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He is a nice guy in person but his online socialist persona is -worthy. Trying to fisk his many posts in this thread would be fun but I simply don't have the time or energy to engage him. But I will just leave him with this. He claims that corporations have offshored our manufacturing sector. That's utter bullshit because the US of A manufactures 1/5 of the world's goods, and we manufacture more items every single year but for 2 (2000 and 2008) going back to the 70's. But we have offshored a good amount of manufacturing in that time. So how is this possible? In the fuzzy liberal mind, it isn't. But small L libertarians like myself know the answer. It's INCREASED PRODUCTIVITY! And a lot of that increased productivity comes in the form of robotics, computerized manufacturing method, and other related things that result in more product at a lower labor input. This may mean 20 workers are replaced by a machine, like a CNC operator can replace 20 guys running a lathe. And another thing. People who pay 15% on Capital Gains are "only" paying that much because the money they invested has ALREADY BEEN TAXED as income. Duh frickin' duh. This is similar to a socialist bitching that sales taxes aren't 50% for rich people or something like that. And to randomly state that only rich people get taxed at this 15% rate is the height of ignorance and should tell you all you need to know about his knowledge on the subject. |
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10-14-2011, 10:13am | #78 | |||||||
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10-14-2011, 11:51am | #79 | |||||||
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I'm stealing this from the other place, but it fits in with some of what Polar_Bear said.
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10-14-2011, 12:43pm | #80 | ||||||
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