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Thread: Obama seeks 28 percent corp. tax rate

  1. #101
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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by apdst View Post
    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.
    you got caught with your pants down, exposing your foolishness
    here was the post to which you responded:

    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?????????

    its like saying ALL people have the same deductions.

    where does this **** come from?
    and here is your reply:
    Explain to us how all corporations don't. Thaaaaaaaaaaaaaanks!

    fortunately, by now you have figured ALL corporations do NOT enjoy the same deductions



    still waiting on your source showing us the average percentage profit of all American businesses


    keep running from that because that answer will again embarrass you
    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

  2. #102
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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by justabubba View Post
    you got caught with your pants down, exposing your foolishness
    here was the post to which you responded:


    and here is your reply:



    fortunately, by now you have figured ALL corporations do NOT enjoy the same deductions



    still waiting on your source showing us the average percentage profit of all American businesses


    keep running from that because that answer will again embarrass you
    You're the one that claimed I'm wrong. Hows-about-you-post-it and prove me wrong.
    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're the one that claimed I'm wrong. Hows-about-you-post-it and prove me wrong.
    Why do you insist on people proving a negative. You made the claim, it is up to you to support it.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  4. #104
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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Kushinator View Post
    Why do you insist on people proving a negative. You made the claim, it is up to you to support it.
    What negative do you speak of? It shouldn't be hard to prove how one corporation can be disqualified from taking certain deductions. If, in fact, it were true.

    Me thinks you're just as confused as your fellow Libbos.
    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
    What negative do you speak of? It shouldn't be hard to prove how one corporation can be disqualified from taking certain deductions. If, in fact, it were true.

    Me thinks you're just as confused as your fellow Libbos.
    You asked someone to show the negation of the statement, "corporations do not all have the same deductions".
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  6. #106
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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Kushinator View Post
    You asked someone to show the negation of the statement, "corporations do not all have the same deductions".
    "have" the same deductions? No. "qualify" for the same deductions? Yes.

    Care to point out where different companies can't qualify for certain deductions?

    All companies, no matter what, can deduct the cost of doing business. Please, point out how I'm wrong.
    Last edited by apdst; 02-23-12 at 07:51 PM.
    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
    "have" the same deductions? No. "qualify" for the same deductions? Yes.

    Care to point out where different companies can't qualify for certain deductions?

    All companies, no matter what, can deduct the cost of doing business. Please, point out how I'm wrong.
    I can prove my statement, and the sentiment being expressed by the group of posters you are attempting to negate.

    For companies with assets less than $500,000, total income tax before tax credits for said corporations was $1.622 billion, and after tax credits total income tax for said corporations was $1.582 billion, a reduction of 2.4% total tax liability.

    For companies with assets in excess of $2.5 billion, total income tax before tax credits for said corporations was $327 billion, and after tax credits total income tax for said corporations was $232 billion, a reduction of 29% total tax liability.

    Source:

    Now fess up and admit your error.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  8. #108
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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Kushinator View Post
    I can prove my statement, and the sentiment being expressed by the group of posters you are attempting to negate.

    For companies with assets less than $500,000, total income tax before tax credits for said corporations was $1.622 billion, and after tax credits total income tax for said corporations was $1.582 billion, a reduction of 2.4% total tax liability.

    For companies with assets in excess of $2.5 billion, total income tax before tax credits for said corporations was $327 billion, and after tax credits total income tax for said corporations was $232 billion, a reduction of 29% total tax liability.

    Source:

    Now fess up and admit your error.
    Tell me you're not seriously posting this as a retort. Please?

    Umm...hint...we're talking about tax, "deductions", not tax, "credits". You do know the difference. Yes?
    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.

  9. #109
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    Re: Obama seeks 28 percent corp. tax rate

    So, the idiocy of apdst aside (the C in LLC stands for "company", btw), at least both parties embrace the rhetoric of closing loopholes and simplifying taxes. If this move will prevent some corporations from getting away with untold millions, and at the same time, ease some burdens on the ones that actually operate honestly, I'm for it. The point is not, contrary to what conservative hacks think, to tax as much as possible. It's to pay for the things we need. Society is in no way served by a few members making runaway fortunes with no legal oversight, especially when they get that way by bending and breaking the rules.
    Liberté. Égalité. Fraternité.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Paschendale View Post
    So, the idiocy of apdst aside (the C in LLC stands for "company", btw), at least both parties embrace the rhetoric of closing loopholes and simplifying taxes. If this move will prevent some corporations from getting away with untold millions, and at the same time, ease some burdens on the ones that actually operate honestly, I'm for it. The point is not, contrary to what conservative hacks think, to tax as much as possible. It's to pay for the things we need. Society is in no way served by a few members making runaway fortunes with no legal oversight, especially when they get that way by bending and breaking the rules.
    Annnnnd....what is a, "company"?

    A corporations, perhaps? A company is incorporated, isn't it?
    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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