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Thread: State of the Union Address

  1. #1201
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    Re: State of the Union Address

    Quote Originally Posted by haymarket View Post
    Happy to oblige Maggie - but just because its you.

    I get paid and pay tax on that money - all of my salary is taxed. So I take $100 dollars of it - write HAYMARKET on it and go to the store with it. I buy something for $100 and hand my bill with my name on it to the cashier who charges me 6% tax on that purchase. My $100 dollar bill - of which I was already taxed in income tax from my salary - is now subject to another tax. It is taxed twice.

    So the cashier turns it over to the store. Later, a supplier who insists on being paid in cash, makes a delivery and part of his payment is my $100 bill. He signs a receipt and acknowledges that he is responsible for his own taxes on the money. So he pays tax on my $100 bill also. He goes to the gas station and fills up his truck and the cost is $100.00 which he pays for with my bill with my name on it. Some 15 to 20% of what he paid for is tax.

    The gas station owner takes the bill and pays a snow plow driver the next day to plow out the station after five inches of snow. He pays income tax on his income of the $100 bill.

    And on and on and on it goes.
    These are completely different types of transactions. If you carry your example to it's natural conclusion, the government ends up getting 99.999999% of every dollar. And that's not true. In addition, in your examples using sales tax, completely different animal. Completely different animal.

    We'll have to agree to disagree on this one, Haymarket.

    (You always make me smile.)
    Last edited by MaggieD; 01-27-12 at 03:26 PM.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  2. #1202
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    Re: State of the Union Address

    Quote Originally Posted by haymarket View Post
    More personal attacks in the hopes they hide your errors regarding the so called definition of LIBERALISM that you pulled from your own mind - or elsewhere three feet lower.

    You lied. You were caught in that lie. And now you go on the attack hoping nobody sees your error. Here is a clue for you - the longer you prolong this the worse it gets for you.

    Just admit you made it up and move on for heavens sake.
    You just cannot get over the failure of your own ideology so you resort to personal attacks. That was indeed my definition of liberalism and i stand by it just like I stand by my claims that you, like all other liberals love to delegate responsibility so you can always place blame. your so called spending in the name of compassion never gets compassionate results which make your ideology a complete failure. Admit it and then we can move on.

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    Re: State of the Union Address

    Quote Originally Posted by MaggieD View Post
    These are completely different types of transactions. If you carry your example to it's natural conclusion, the government ends up getting 99.999999% of every dollar. And that's not true. In addition, in your examples using sales tax, completely different animal. Completely different animal.

    We'll have to agree to disagree on this one, Haymarket.
    And a corporation making a profit, and a shareholder receiving a dividend are also two completely different types of transactions
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: State of the Union Address

    Quote Originally Posted by sangha View Post
    No, you argued that reinvestment was ALWAYS done to increase profits

    You were wrong. Sometimes retaining market share results in reduced profits.
    Quote Originally Posted by me
    increase/continue profits
    you are wrong!!!!!!!!

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    Re: State of the Union Address

    Quote Originally Posted by ARealConservative View Post
    you are wrong!!!!!!!!
    And again, sometimes those companies don't make a profit. Sometimes it's done to reduce their losses
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: State of the Union Address

    Quote Originally Posted by sangha View Post
    And again, sometimes those companies don't make a profit. Sometimes it's done to reduce their losses
    Correct, sometimes companies lose money.

    But that isn’t the argument. They don’t want to lose money. They want to continue to make money, and to make more money.

    Do you think companies invest profits with the intentions to reduce profits in future years?

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    Re: State of the Union Address

    Ill tell you whats more troublesome, and thats double taxation on small businesses. The sole owner gets taxed when he makes a profit and then he gets taxed when he removes equity or capital. Id be for removing that before removing corporate taxes.

    Then there is the liability issues small business owners face unless they incorporate. Whoever mentioned LLCs earlier in the thread, thats dang near the only way that a small business owner can grow beyond a single crew doing a single job in most sectors.

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    Re: State of the Union Address

    Quote Originally Posted by OpportunityCost View Post
    Ill tell you whats more troublesome, and thats double taxation on small businesses. The sole owner gets taxed when he makes a profit and then he gets taxed when he removes equity or capital. Id be for removing that before removing corporate taxes.

    Then there is the liability issues small business owners face unless they incorporate. Whoever mentioned LLCs earlier in the thread, thats dang near the only way that a small business owner can grow beyond a single crew doing a single job in most sectors.
    Small business owners can easily avoid that double taxation. Stupid if they don't.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    Tell us again how dividends are paid pre profits? What are taxes so important to you and not how those dollars are spent? Spending in the name of compassion appeals to your heart but ignores the failed results of that spending which is recognized by your brain.
    Please stop the compassion BS. Spending is what drives our economy. Reducing public spending without an equal gain in private spending will weaken the economy. It is simple math.
    You want to weaken the economy so you don't have to pay as much taxes. You might be sorry unless you are among the few that acutally benefit from recession.

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    Re: State of the Union Address

    Quote Originally Posted by ARealConservative View Post
    Correct, sometimes companies lose money.

    But that isn’t the argument. They don’t want to lose money. They want to continue to make money, and to make more money.

    Do you think companies invest profits with the intentions to reduce profits in future years?
    Actually, that was the argument. You claimed that businesses always invest money to make a profit. That isn't true. There's a lot of reasons why businesses invest money.

    Saying that businesses want to make money is a meaningless comment in this context. It adds nothing to the discussion, and more importantly, does not support the claim you made

    And to answer your question, in todays economy, some corps main focus is on raising the share price, not increasing profits. In those cases, increasing profits is just a means to an end, and if it doesn't serve that end, then it isn't pursued

    on edit: And some corps (ex subsidiaries) are founded, not to make a profit, but to reduce the expenses of it's parent corp (see Enron)
    Last edited by sangha; 01-27-12 at 03:40 PM.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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