GE through lobbying doesnt pay any taxes in the USA.
Lets get the fair tax implemented. It would be the biggest boon to the economy ever seen.
Lets get the fair tax implemented. It would be the biggest boon to the economy ever seen.
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"Be a philosopher. A man can compromise to gain a point. It has become apparent that a man can, within limits, follow his inclinations within the arms of the Church if he does so discreetly." - The Walking Drum
"And here’s what life comes down to—not how many years you live, but how many of those years are filled with bullshit that doesn’t amount to anything to satisfy the requirements of some dickhead you’ll never get the pleasure of punching in the face." – Adam Carolla -
The fair tax isn't the only way to massively increase corporate taxes, but I'm glad to see that you are all for massively increasing corporate taxes. -
The fair tax isnt about increasing taxes its about getting rid of all the favors and have people and corps pay taxes on consumption.Originally posted by RobinFinderson View Post
Please read up on it here:
"Be a philosopher. A man can compromise to gain a point. It has become apparent that a man can, within limits, follow his inclinations within the arms of the Church if he does so discreetly." - The Walking Drum
"And here’s what life comes down to—not how many years you live, but how many of those years are filled with bullshit that doesn’t amount to anything to satisfy the requirements of some dickhead you’ll never get the pleasure of punching in the face." – Adam CarollaComment
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I understand. But your plug for the fair tax here is that it would massively increase corporate taxes for tax-evading companies like GE. Rather than celebrate the fact that GE has realized a GOP dream, the legal minimization of taxes, you are arguing for the Fair Tax as a way of massively INCREASING TAXES.Originally posted by Mormon Red Death View Post
Cool. I agree that taxes should be massively increased for GE. I'm just pointing out that there are several ways to do that. And if the Fair Tax lacks the political support to pass it, well it isn't the only way to massively raise GE's taxes.Comment
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Sorry if you misunderstand me. What irks me about GE is that they arent paying taxes like everyone else simply because they have good lobbyers and a great tax team. Under the fair Tax every corp would not pay any income tax and wouldl be on the same footing at GE. That is the difference I am espousing. It would foster competition of who built better products not who has the most friends in congress to give them tax breaks.Originally posted by RobinFinderson View Post"Be a philosopher. A man can compromise to gain a point. It has become apparent that a man can, within limits, follow his inclinations within the arms of the Church if he does so discreetly." - The Walking Drum
"And here’s what life comes down to—not how many years you live, but how many of those years are filled with bullshit that doesn’t amount to anything to satisfy the requirements of some dickhead you’ll never get the pleasure of punching in the face." – Adam CarollaComment
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so, as I understand it, corporations would then be paying based on their consumption to produce goods. If that is so, then it basically becomes a value added tax. I'm not in favor of that.Originally posted by Mormon Red Death View PostDio perdona tante cose per un’opera di misericordia
God forgives many things for an act of mercyAlessandro Manzoni
Knock it off. This board has enough problems without a dose of middle-age lechery.
pelagiusComment
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its not a vat.Originally posted by pellegrino View Post"Be a philosopher. A man can compromise to gain a point. It has become apparent that a man can, within limits, follow his inclinations within the arms of the Church if he does so discreetly." - The Walking Drum
"And here’s what life comes down to—not how many years you live, but how many of those years are filled with bullshit that doesn’t amount to anything to satisfy the requirements of some dickhead you’ll never get the pleasure of punching in the face." – Adam CarollaComment
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Now you are just sounding like a whining hippie. GE IS paying taxes like everyone else. Everyone else is free to hire good lobbiests and a great tax team. If GE isn't breaking the law, they are simply doing what every mom and pop in this country is free to do themselves. Why do you want to punish GE for being good at what they do?Originally posted by Mormon Red Death View PostComment
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I'm not even close to a hippy. i am a capitalist. what they are doing is not capitalism. its cronyism.Originally posted by RobinFinderson View Post"Be a philosopher. A man can compromise to gain a point. It has become apparent that a man can, within limits, follow his inclinations within the arms of the Church if he does so discreetly." - The Walking Drum
"And here’s what life comes down to—not how many years you live, but how many of those years are filled with bullshit that doesn’t amount to anything to satisfy the requirements of some dickhead you’ll never get the pleasure of punching in the face." – Adam CarollaComment
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Capitalism has never existed in a political vacuum. Navigating the political/regulatory environment is no different than navigating the labor environment. It is just one more thing that successful capitalists will ALWAYS have to do, and good capitalists are good at it. Calling it cronyism doesn't make it any less a part of capitalism.Originally posted by Mormon Red Death View PostComment
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you must like arguing things you don't get.Originally posted by RobinFinderson View Post"Be a philosopher. A man can compromise to gain a point. It has become apparent that a man can, within limits, follow his inclinations within the arms of the Church if he does so discreetly." - The Walking Drum
"And here’s what life comes down to—not how many years you live, but how many of those years are filled with bullshit that doesn’t amount to anything to satisfy the requirements of some dickhead you’ll never get the pleasure of punching in the face." – Adam CarollaComment
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Has manipulating the political environment ever NOT been a part of capitalism? Has cronyism ever not been a part of capitalism?Originally posted by Mormon Red Death View PostComment
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You could have made this shorter and just said yes.Originally posted by RobinFinderson View PostPLesa excuse the tpyos.Comment
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Well, I like to argue about things that I only partly understand. I understand what capitalism is.Originally posted by creekster View PostComment
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I like the fairtax idea (although I agree with Robin that it seems to have little to do with corporate taxation), but I think that most people would be pretty surprised at how little taxes they pay right now. It really is a regressive tax, even with the poverty line pre-bate. I like the idea of taxing consumption, however.
I also see huge enforcement issues in the future as more and more business is conducted online. I'm sure there are mechanisms to address this, but I imagine they would be pretty disadvantageous to US based online retailers.At least the Big Ten went after a big-time addition in Nebraska; the Pac-10 wanted a game so badly, it added Utah
-Berry Trammel, 12/3/10Comment
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