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Stinky The Clown
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Mon Sep-27-10 07:41 AM Original message |
There is no good reason to tax companies |
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izquierdista
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Mon Sep-27-10 07:44 AM Response to Original message |
1. Got me convinced! |
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Dark
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Mon Sep-27-10 07:46 AM Response to Original message |
2. That's not a necessarily bad idea. Basically, get the high earners to reinvest their money back into |
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Ian David
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Mon Sep-27-10 07:47 AM Response to Original message |
3. Companies should pay for their fair share of The Commons and Infrastructure that they use. |
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shraby
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Mon Sep-27-10 07:51 AM Response to Original message |
4. Companies will just pass on the tax to consumers anyway. |
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LiberalFighter
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Mon Sep-27-10 08:21 AM Response to Reply #4 |
15. I"ve been saying that for a while. Companies don't really pay the taxes. |
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notesdev
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Mon Sep-27-10 08:01 AM Response to Original message |
5. I don't get this 90% tax thing |
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RadiationTherapy
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Mon Sep-27-10 08:07 AM Response to Reply #5 |
7. Because 10% of $3M = $300,000. That is a nice piece of change considering |
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Zebedeo
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Mon Sep-27-10 08:17 AM Response to Reply #7 |
14. No tax at all on the first $1 million?? |
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RadiationTherapy
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Mon Sep-27-10 08:28 AM Response to Reply #14 |
18. Hahaha. My apologies. There would probably be some whittling off from the |
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notesdev
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Mon Sep-27-10 09:05 AM Response to Reply #7 |
26. The rest goes to "making america great again"? |
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RadiationTherapy
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Mon Sep-27-10 10:56 AM Response to Reply #26 |
38. I haven't been "real" for years now. Besides, none of those industries would |
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Zebedeo
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Tue Sep-28-10 07:07 AM Response to Reply #38 |
40. Wealth is not a zero sum game |
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RadiationTherapy
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Tue Sep-28-10 07:16 AM Response to Reply #40 |
41. There is no incentive for productivity now; we all work to live and live to work. |
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doc03
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Mon Sep-27-10 08:11 AM Response to Reply #5 |
10. How can they justify even thinking of taxing 90% while 48% |
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RadiationTherapy
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Mon Sep-27-10 08:30 AM Response to Reply #10 |
20. They don't earn enough to pay taxes. I am more interested in raising the income |
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Scuba
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Mon Sep-27-10 08:31 AM Response to Reply #10 |
21. The 48% who pay no taxes... |
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doc03
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Mon Sep-27-10 08:44 AM Response to Reply #21 |
22. I believe that is 48% of all households not individuals. I don't |
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Statistical
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Mon Sep-27-10 08:51 AM Response to Reply #10 |
24. False. |
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doc03
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Mon Sep-27-10 09:11 AM Response to Reply #24 |
29. I said Federal income taxes. Payroll taxes are supposed to |
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doc03
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Mon Sep-27-10 08:02 AM Response to Original message |
6. Doesn't compute with me. I am a small investor and |
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Stinky The Clown
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Mon Sep-27-10 08:08 AM Response to Reply #6 |
8. Yeah |
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RadiationTherapy
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Mon Sep-27-10 08:08 AM Response to Reply #6 |
9. No, just on the capital gains earnings, not the principle. |
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doc03
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Mon Sep-27-10 08:13 AM Response to Reply #9 |
11. But starting at 35% the highest current income tax rate! n/t |
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RadiationTherapy
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Mon Sep-27-10 08:16 AM Response to Reply #11 |
13. Yep. I think the motive is to somewhat disincetivize the use of the stock market |
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Gaedel
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Mon Sep-27-10 10:42 AM Response to Reply #11 |
34. Capital gains |
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billlll
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Mon Sep-27-10 08:14 AM Response to Original message |
12. excellent point - cant pass on his inc tx, but somewhat CAN if corporate tx |
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doc03
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Mon Sep-27-10 08:21 AM Response to Original message |
16. So if a CEO makes $10 million and you take 90% of it |
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Stinky The Clown
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Mon Sep-27-10 08:28 AM Response to Reply #16 |
17. They can try that. |
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doc03
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Mon Sep-27-10 08:55 AM Response to Reply #17 |
25. Try it? That's the way the corporate world works. Get |
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Stinky The Clown
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Mon Sep-27-10 09:12 AM Response to Reply #25 |
30. Market forces are pretty much held to be the magic elixir for people who enaable the corporatists |
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doc03
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Mon Sep-27-10 09:17 AM Original message |
Yes and that company is most likely in China, so you got even |
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Stinky The Clown
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Mon Sep-27-10 10:59 AM Response to Original message |
39. Yeah, we were impoverished as a nation in the Eisenhower years |
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yodermon
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Mon Sep-27-10 10:29 AM Response to Reply #16 |
32. ..and his competitor uses the money that *would* have been taxed to hire people |
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billlll
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Mon Sep-27-10 08:28 AM Response to Original message |
19. STC, you think well and you write well |
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unblock
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Mon Sep-27-10 08:47 AM Response to Original message |
23. as a practical matter, this is a major fail |
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muriel_volestrangler
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Mon Sep-27-10 09:10 AM Response to Reply #23 |
27. A good point - it only takes a year or two of tax breaks for them to get the money out |
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Statistical
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Mon Sep-27-10 09:11 AM Response to Reply #23 |
28. "even gifts to family members, with limited exemptions" |
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unblock
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Mon Sep-27-10 09:17 AM Response to Reply #28 |
31. yes; i didn't say the limit was small :) |
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Gaedel
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Mon Sep-27-10 10:49 AM Response to Reply #28 |
36. No |
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Statistical
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Mon Sep-27-10 10:56 AM Response to Reply #36 |
37. Ok. Well that is even worse (makes the "restriction" much less restricting). |
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yodermon
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Mon Sep-27-10 10:38 AM Response to Original message |
33. good point Stinky... corp tax rates were never exceedingly high |
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Greyhound
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Mon Sep-27-10 10:44 AM Response to Original message |
35. I don't see any valid reason to tax any entity or income type any differently |
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