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Thread: Obama seeks 28 percent corp. tax rate

  1. #141
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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by digsbe View Post
    To be truthful of Obama is sincere on this then I support it 100%. We should end the tax loopholes and lower the tax rate. Certain companies that get away with paying no taxes should not be able to legally get away with that.
    Which, "loopholes", are you talking about?
    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 Erod View Post
    Obama's beloved General Motors pays no taxes and gets a big fat bailout, while Ford takes no bailout money, actually makes a profit, and has to pay taxes on it.
    Actually Ford along with BMW, Toyota Took Secret Government Money
    during the financial collapese and before the auto bailout talks. :


    In the depths of the financial collapse, the U.S. Federal Reserve pumped $3.3 trillion into keeping credit moving through the economy. It eventually lent $57.9 billion to the auto industry including $26.8 billion to Ford, Toyota and BMW.
    <SNIP>
    According to the data, from October 2008 through June 2009 the fed bought $45.1 billion in commercial paper from the credit arms of four automakers - Ford, BMW, Chrysler and Toyota - along with GMAC (the former General Motors credit arm). Of those, Ford sold the most, with $15.9 billion.
    Ford, BMW, Toyota Took Secret Government Money
    When it comes to matters of reproduce health, Politicians and the religious dogma of another faith should never interfere with religious liberty of an individual or her faith.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Jredbaron96 View Post
    Interesting.

    Wiat, doesn't the Irish economy suck right now?
    Yeah it does. After several years of decline they'll be lucky to see any growth this year and their unemployment is over 14%. They had a economy and real estate bubble similar to Bush's that they're still reeling from.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Hikertrash View Post
    Yeah it does. After several years of decline they'll be lucky to see any growth this year and their unemployment is over 14%. They had a economy and real estate bubble similar to Bush's that they're still reeling from.
    OMG!!! It's Bush's real estate bubble?
    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 AdamT View Post
    The money goes out, but a credit means that you get it back. Rocket science it ain't.

    When a credit is placed in the tax code, it is done for two reasons, 1. political expediency so that the politican can claim a tax break, and 2. To control the business into doing what you want them to without actually taking them over like the facist wanna be you really are.

    dispicable really.


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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by j-mac View Post
    When a credit is placed in the tax code, it is done for two reasons, 1. political expediency so that the politican can claim a tax break, and 2. To control the business into doing what you want them to without actually taking them over like the facist wanna be you really are.

    dispicable really.


    j-mac
    So the literally thousands of tax breaks that Republicans have lobbied for -- and have literally vowed not to eliminate are despicable on an epic scale? I agree.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by AdamT View Post
    So the literally thousands of tax breaks that Republicans have lobbied for -- and have literally vowed not to eliminate are despicable on an epic scale? I agree.
    Well good. It's a start. But I'd have to see more from you aside of the tongue in cheek snarky small response designed to mock in order to believe a word you say.


    j-mac
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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Jredbaron96 View Post
    Interesting.

    Wiat, doesn't the Irish economy suck right now?
    Yeah, but it's more a product of them being in the Eurozone and their financial bubble bursting a couple years back.

    Quote Originally Posted by apdst View Post
    No, it's not a, "cost", because the taxes aren't deductable. The income taxes aren't, that is; some taxes are deductable.
    So in order for something to be a cost, it must be tax deductible?

    You've just confirmed you live in a mental institution because no one living on their own and budgeting their lives could possibly believe such a stupid thing.

    Corporate taxes are something corporations have to pay. It eats into their bottom line. If profits are to be maintained, they must increase revenue. That means rising prices. It's painfully simple, and I think you'd agree with me if you weren't conditioned to oppose everything uttered by a liberal.

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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by NAKED N00B View Post
    Corporate taxes are something corporations have to pay. It eats into their bottom line. If profits are to be maintained, they must increase revenue. That means rising prices. It's painfully simple, and I think you'd agree with me if you weren't conditioned to oppose everything uttered by a liberal.
    I take issue slightly with the bolded portion here. If you really believe that business doesn't pass along increases in taxation to the consumer to protect their bottom line for the shareholders they must answer to, then you are fooling yourself.

    So, my contention is that increases in rates toward corporations, whether they are derived out of class envy, or governmental greed and control, ultimately hurt the people.

    j-mac
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    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by j-mac View Post
    I take issue slightly with the bolded portion here. If you really believe that business doesn't pass along increases in taxation to the consumer to protect their bottom line for the shareholders they must answer to, then you are fooling yourself.

    So, my contention is that increases in rates toward corporations, whether they are derived out of class envy, or governmental greed and control, ultimately hurt the people.

    j-mac
    Quote Originally Posted by NAKED N00B View Post
    Yeah, but it's more a product of them being in the Eurozone and their financial bubble bursting a couple years back.


    So in order for something to be a cost, it must be tax deductible?

    You've just confirmed you live in a mental institution because no one living on their own and budgeting their lives could possibly believe such a stupid thing.

    Corporate taxes are something corporations have to pay. It eats into their bottom line. If profits are to be maintained, they must increase revenue. That means rising prices. It's painfully simple, and I think you'd agree with me if you weren't conditioned to oppose everything uttered by a liberal.
    I believe he already adressed that point

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