Are we looking at America's economy wrong?

But they ACTUALLY pay tax.

Embarassed? BY YOU? On my deathbed maybe.

 

The point of the question is to find out what humans are paying the corporate tax. Corporations do not pay a penny.

 

So, you actually think that stockholders pay this tax? Maybe you need the razorblade.

I got news for you. The tax is figured into the cost of doing business no different than any other expense. This means that the company decides who will not get that money based on weeknesses between labor costs, pricing to customers or investors.

If you think customers and workers are more important than investors, you are sadly mistaken. All of these absord the tax, not the stockholders alone.

BTW, many of those stockholders are you and me who buy mutual funds. It is ignorant to thing that only the large stockholders lose money due to taxes. You might as well claim that inflation only harms the wealthy.

 

As usual, you have no idea what I am writing about.

 

People don't understand how taxes are supposed to be because so many of the people on this forum were born with or grew up with income tax. For as long as they can remember they paid it and its "needed". At the time it was introduced it was needed for security reasons. We didnt have missions for peace all over the world because we knew what peace was and at that time we knew we had to fight to keep it.

Now a days war is simply another business. Where the move the troops next.

I am so tired of paying income tax. Taxes should be according to only assets and should be collected yearly. If you do not have own more than 200,000 worth of assets you should not be taxed.

This is very simple we are so submissive as people and yet so destructive yet accepting of our militants. I respect soldier who want to protect people from war. I hate all the occupations we've had since ww1 and ww2 and how we are paying sick amounts of income tax when the rich should be dishing out big bucks each year to play ball in trade markets which are largely based on usury.

This is sick.

All praise the most high. Please deliver us from the business of war and the cost of it.

 

I personally believe our problem is that we don't analyze, sythesize, and compare and contrast the aspects of our economy enough. Both extremes of the political spectrum tend to assume or utilize rhetoric as policy. We no longer understand what true policy looks like. Therefore, we no longer have the ability to solve our economic problems. Innovative, realistic, and pragmatic policy complimented by an innovative, realistic, and pragmatic private sector economy are the keys to a stable society. For some reason, our policy-makers have forgotten how to innovate policy, and our economy has suffered as a result.

We tend to forget that we are a forward-thinking nation, not a nostalgic and regressive one.

 

That's pretty much the Warren Buffet mentality. All CEOs are like Warren Buffet. They don't mind being taxed more. After all, they all acquired the same amount of wealth Buffet has accumulated over the years right?

 

The foolishness is yours:

Originally Posted by XLR8TR
The top few percent on the income level pay over 50% of the nations taxes.


Originally Posted by Raskolnikov
The reason why the top few percent pay over 50% of income taxes is because they earn over 50% of income.

How is what you are saying any different form the poster you "claimed" misrepresented facts, other than the idiot class envy claims at the end?

So what if they earn over 50% of income; do you think you are the “decider” of what amount of income one should earn through risk and hard work? Do you think the moron who sits around watching TV day and night should be entitled to that income by doing nothing?

 

ALL nations are nations of consumers in modern times. We quit growing our own food back in the dark ages.

What other system works better to ensure the best and most efficient use of resources at reasonable costs?

 

Your idiot claim:

Originally Posted by Beevee
I don't give a (*)(*)(*)(*). Thank God I don't live in your country.

I live in Canada where the economy is in reasonable shape compared to yours BECAUSE the man in the street and Corporations pay taxes and we still prosper - something that goes so far over your head that it would reach Mars before you had the slightest inkling of what is needed to remove a $14 billion deficit.

I merely illustrated your complete lack of facts and idiot rhetoric by posting the FACT that Canadian corporations now pay much less tax than before and far less than American companies.

It is equally idiotic to feign ignorance to the fact that Canada was also in dire straights which is why they recently elected CONSERVATIVES to lead their Government instead of empty headed LIBERALS.

Here is another inconvenient fact; the population of Canada is less than the state of California in a nation larger than the US with vast natural resources. In this situation, it would be hard to fathom how your nation wouldn't be in good shape thanks to the fact that it doesn't even need a military budget due to its great powerful neighbor to the south.

Yet your country was so mismanaged by Liberals you recently had to kick them out before they messed that up too.

Now run along and parrot your idiot leftist talking points in a forum that enjoys wallowing in ignorance.

 

It appears you know as much about the Canadian economy and government as you do about your own.

 

Small businesses employ 53% of the workforce. Large businesses 38%.

http://www.wamicrobiz.org/announcements/2011/05/24/Five+Big+Myths+About+American+Small+Businesses/

 

Rubbish, now you are misrepresenenting the entire argument.

XLR8TR suggested that the top few percent were paying far too much in income taxes and stated the fact that they paid over 50% in order to support his assertation that the tax were already overtaxes.

I pointed out that those top few percent paid over 50% because they earned over 50%. I felt that not mentioning the percentage of income they earned while mentioning what percentage they paid gave a misrepresentative picture of taxation.

 

a nation thrives on production.....not consumption.....just look at china!