Trump Is Said to Seek Cutting Corporate Tax Rate to 15 Percent

Discussion in 'Current Events' started by Jiminy, Apr 24, 2017.

  1. squidward

    squidward Well-Known Member

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    There is no morality in taking from others because "things work better".
    The only moral argument is you volunteering to pay the max that you would have others pay
     
  2. squidward

    squidward Well-Known Member

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    and you'd be collecting cow chips to heat your crude root veggies for dinner.
    What's your point?
     
  3. raytri

    raytri Well-Known Member

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    And again, you ignore the moral choice I laid out for you.

    Simply asserting something is immoral, without addressing the moral claim supporting it, is a pretty unpersuasive argument.
     
  4. raytri

    raytri Well-Known Member

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    The obvious one: your success is, in part, dependent on the system you are operating within. Clearly, you agree with me.
     
  5. RodB

    RodB Well-Known Member Donor

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  6. IMMensaMind

    IMMensaMind Banned

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    Socialism isn't defined as choosing not to take the profits of others. HTH
     
  7. Seth Bullock

    Seth Bullock Well-Known Member Past Donor

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    Hi Ardy,

    Right, but why tax the clear profit itself? Isn't that money, one way or another, going to go somewhere that somebody gains income from? If it goes to the business owner, or investors or bankers, they gain personal income. If it is reinvested into the company by building, or retooling, or expanding, or hiring additional employees, or making the company more competitive by offering better products at a lower cost - any way you slice it, somebody somewhere is gaining personal income from that clear profit that that company makes. And whenever that profit is converted to somebody's personal income is the time to tax it.


    Although I'm a conservative on most things, I happen to believe that progressive taxation is fair. I do believe that the most fortunate of us should pay the most towards support of the system in which we have been successful. I believe in the very old fashioned idea that the most fortunate among us should take care of the least fortunate. Progressive personal income taxes are the best way I know of to do that.


    Like I said, I wouldn't mind if we had corporate income tax of 0% because I want America to be the place to do business. I want us to be as competitive as possible and to do everything in our power to counter the fact of cheap labor overseas. And besides, I see business as the engine, and I want it running on all 8 cylinders, not 7. Conversely, I am perfectly OK with taxing the profit that American businesses generate overseas. Nike Corp would be an example. Their products are manufactured in Asia, and so I think their profits should be taxed. And that wouldn't put them at a competitive disadvantage because most other shoe and apparel makers manufacture overseas anyways.

    Seth
     
  8. Jiminy

    Jiminy Well-Known Member

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    Supply-side socialism is the redistribution of wealth to the rich via the unreasonable socialization of business costs by taxpayers, workers, fellow businesses, and consumers.
    [​IMG]
     
  9. IMMensaMind

    IMMensaMind Banned

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    If people aren't taxed, how could it be your tax burden? You defeat your own claim with your own words.
    Supply-side socialism. :roflol:
     
  10. Jiminy

    Jiminy Well-Known Member

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    Supply-side socialism. :roflol:[/QUOTE]
    Denial of reality is commonplace among con artists.
    [​IMG]
     
  11. grapeape

    grapeape Well-Known Member Past Donor

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    Its my money that is taxed. Why is a dollar given to me taxed at a different rate than that same dollar given to a corporation ?
     
  12. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Denial of reality is commonplace among con artists.
    [​IMG][/QUOTE]

    As they say, it takes one to know one.
     
  13. IMMensaMind

    IMMensaMind Banned

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    Corporations shouldn't be taxed at all. It's directly inflationary; a cost of living increase, and that's it. Taxing corporations merely means that each dollar that you keep - and unless you're on the dole, you're not 'given' them - buys less.
     
  14. grapeape

    grapeape Well-Known Member Past Donor

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    WHAT does that even mean ?

    Corporations shouldn't be taxed is beyond ridiculous. What about the resources they use ? Should personal income taxes cover that also ?
     
  15. IMMensaMind

    IMMensaMind Banned

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    I note the irony demonstrated when you attempt to impugn a conservative as unintelligent, while failing to control the BBcode necessary to deliver the message.
     
    Hoosier8 likes this.
  16. IMMensaMind

    IMMensaMind Banned

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    It means what it says. Taxes paid by corporations are reflected in their prices. All you're doing is increasing prices. The elasticity of pricing would take awhile to normalize.

    What resources consumed do you believe aren't covered through property taxes?
     
    Last edited: May 2, 2017
  17. Jiminy

    Jiminy Well-Known Member

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    The poster impugned his own intelligence, I just pointed out that fact. I will note the selective outrage by yourself: See Posting #237.
     
  18. squidward

    squidward Well-Known Member

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    Everyone enjoys that sytem.
    Your desire to take from others is abhorrent
     
  19. IMMensaMind

    IMMensaMind Banned

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    You attempted an attack on conservatives and made of yourself a fool.
     
  20. raytri

    raytri Well-Known Member

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    And yet you still are unable or unwilling to address the moral case I put before you.
     
  21. squidward

    squidward Well-Known Member

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    Greater good arguments are amoral
     
  22. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Suffering from moral cause corruption?
     
  23. raytri

    raytri Well-Known Member

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    LOL! No they are not. If by "greater good" you mean comparing two options to see which is more moral, that is the FOUNDATION of philosophy and moral thought.
     
  24. Natty Bumpo

    Natty Bumpo Well-Known Member

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    As the Mar-a-Lago Messiah packs his ministries with his elite Wall Street-Walker cronies and slashes taxes on his fellowship of fat cats (Expect him to keep his promise to come clean with his returns any millennium now) the fetid, sulfurous stench of trumpery is far more effective that a silly wall pipe dream to make American repugnant to enterprising immigrants.

    MEET THE NEW SWAMP, SAME AS THE OLD SWAMP - only stinkier!
    [​IMG]
     
  25. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    As it should be, its already double taxation. The money used to earn capital gains was already taxed once as income. Nobody invests in something with money that fell from the sky, that money was already taxed.

    If I earn $100, you want to take $30, and when I invest the other $70, you want to tax any capital earned at the same rate?

    You wonder why people are moving money off shore or investing in foreign markets, this is why. Every policy you support essentially discourages success, punishes economic growth, and tells people "don't try to be independently successful, because we will take it from you".

    Government already does operate for the benefit of everybody. That is not dependent on who is paying the bill. If the people who actually pay the tax were the only ones receiving the benefit, you might have a point. Keep your morals to yourself. I think that its morally reprehensible to EXPECT and DEMAND that people who are more successful should be responsible for taking care of other people.

    We also have a huge problem with not holding people accountable to their actions. The level of entitlement in this country is simply out of control. And it precisely the perspective and agendas of liberals like yourself that encourage people to lack personal responsibility, fail to make the decisions to shape their own destiny, and ultimately punish people that are successful.

    Why should anybody give a **** about doing well in school? Taking risk? Working their ass off? According to you, if they make the poor choices and end up in the lower income brackets, they should still enjoy all the benefits built upon the success of others. They wake up everyday to a country that protects their freedom, builds their roads, provides education, police, parks... all paid for on the backs of others. Why would people seize the opportunity to earn more wealth? Just so you can tax it more with no perceived benefit?

    The problem here is you are the epitome of the entitled collectivism liberal. The belief that everybody in this country has an obligation to everybody else. That we all wake up everyday to better our community, rather than better ourselves. Its an absolute crapshoot agenda that completely disregards the human element. People are in it for themselves, across all walks of life.

    Under the system conservatives support, everybody benefits when people are individually successful. Under your system, everybody suffers when people are collectively not successful.

     
    Last edited: May 3, 2017

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