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Thread: Obama seeks 28 percent corp. tax rate

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by justabubba View Post
    NO
    an LLC, general or limited partnership, nor a proprietorship will properly file as a C or subchapter S corporation. why, you ask? because they have elected one of those alternative organizational forms
    Wanna re-right that so that it makes a lick of sense? Thanks!


    how do you know the deductions lost will exceed the savings resulting from the reduced tax rate?

    that's a rhetorical question. you don't know
    The only way that that would be remotely possible, is if a company is already paying taxes at a rate above 28%. A company that is paying taxes below 28% is going to get hosed.

    It blows me away that you all think this is some awesome, pro-business tax plan.

    I can't wait to see what's hidden in it, like the 1099 law that was snuck into Obamacare.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by justabubba View Post
    he could not be more wrong if he tried
    its amazing to see someone say such stupid things. just blows the mind.

    how in God's name, could ALL corporations have the same deductions?????????

    its like saying ALL people have the same deductions.

    where does this **** come from?

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by justabubba View Post
    he could not be more wrong if he tried
    How so? Prove it and please, use sources. Thanks in advance.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Thunder View Post
    its amazing to see someone say such stupid things. just blows the mind.

    how in God's name, could ALL corporations have the same deductions?????????
    Explain to us how all corporations don't. Thaaaaaaaaaaaaaanks!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by apdst View Post
    How so? Prove it and please, use sources. Thanks in advance.
    how the **** can every corporation have the same deductions?

    wtf are you talking about?


    and you say Obama supporters have no clue. Unbelievable.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by apdst View Post
    Explain to us how all corporations don't. Thaaaaaaaaaaaaaanks!
    easy example
    one company has depreciable assets
    the other one does not
    one gets to write off depreciation as a deduction
    the other one does not
    duh!
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by justabubba View Post
    easy example
    one company has depreciable assets
    the other one does not
    one gets to write off depreciation as a deduction
    the other one does not
    duh!
    You know that doesn't prove me wrong. Right?

    Just because that one company doesn't have anything to depreciate, doesn't mean they don't qualify for the deduction.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Thunder View Post
    how the **** can every corporation have the same deductions?

    wtf are you talking about?


    and you say Obama supporters have no clue. Unbelievable.
    When did I say, "have"? I said, "qualify".
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by apdst View Post
    You know that doesn't prove me wrong. Right?

    Just because that one company doesn't have anything to depreciate, doesn't mean they don't qualify for the deduction.
    it proves the point that all corporations do not have the same deductions
    duh!
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by justabubba View Post
    it proves the point that all corporations do not have the same deductions
    duh!
    I'm in the trucking business and I qualify for all the same deductions that JB Hunt does. They're deductions run into the millions and mone run into the tens of thousands; therein lies the only difference.

    Obviously, a florist isn't going to deduct the purchase of diesel fuel, unless the company owns a diesel fueled vehicle. But, they don't disqualify for a fuel deduction, just because they're not in the transportation business.

    Continue to explain how I'm wrong, because you have a long, long way to go.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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