Page 4 of 18 FirstFirst ... 2345614 ... LastLast
Results 31 to 40 of 180

Thread: Obama seeks 28 percent corp. tax rate

  1. #31
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 08:22 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,494

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by MoSurveyor View Post
    There aren't enough details to determine that. Your accusations are just more fear mongering by conservatives.

    Those details were left out on purpose to let Congress work some of them out. This just points a direction, which specific mountain pass or valley gets traveled will be something decided in the future. No doubt business will gets it's say in those discussions as well. Obama is not now and never has been out to ax small business. If anything he's been trying to help them.
    Well, you're right about one thing: we don't know **** about the details. Why is that?

    Anyone that thinks that this won't equate to small businesses paying more in income taxes is out of their minds.

    If you reduce deductions, you raise taxes on corporations, no matter the size of the corporation.
    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.

  2. #32
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 08:22 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,494

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by justabubba View Post
    YOU are the one who insisted the plan will result in a tax INCREASE for small business
    you were challenged to show why such a bold statement could be made, recognizing the tax rates for those businesses were being reduced
    and now you want me to prove what you were unable to prove - is wrong
    next you will expect me to divide by zero
    you whiffed - as usual
    Ok, it's like this:

    A business makes $100,000. It makes the average 20% profit. You take away from their 80% of deductions. Hince, you've raised their taxes and cut into their profit margin. It ain't rocket science.
    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.

  3. #33
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 08:22 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,494

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by sawyerloggingon View Post
    Corps should have no tax at all because the reality is they just figure in taxes as part of the cost to produce their goods or service and tack it onto the price we pay for it so in reality a corp tax just taxes the consumer.
    That all depends on what kind of business it is.
    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.

  4. #34
    Student
    Join Date
    Jan 2012
    Last Seen
    11-22-14 @ 02:35 AM
    Gender
    Lean
    Independent
    Posts
    206

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by sawyerloggingon View Post
    Corps should have no tax at all because the reality is they just figure in taxes as part of the cost to produce their goods or service and tack it onto the price we pay for it so in reality a corp tax just taxes the consumer.
    That works unless you are competing internationally. When your costs go up and your competitions doesn't there's no passing the costs on.

  5. #35
    Sage
    MoSurveyor's Avatar
    Join Date
    Jan 2012
    Last Seen
    04-13-17 @ 04:36 AM
    Gender
    Lean
    Undisclosed
    Posts
    9,985

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by apdst View Post
    Well, you're right about one thing: we don't know **** about the details. Why is that?
    I posted my opinion on what the article's said about that.

    Anyone that thinks that this won't equate to small businesses paying more in income taxes is out of their minds.
    More fear mongering. Without details we have no clue exactly who it will affect or how.

    If you reduce deductions, you raise taxes on corporations, no matter the size of the corporation.
    That's patently false if you're also changing the tax rate, which is what's happening here.
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

  6. #36
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by MoSurveyor View Post
    That's patently false if you're also changing the tax rate, which is what's happening here.
    It isn't necessarily false. We have no idea right now.

  7. #37
    Sage
    Mycroft's Avatar
    Join Date
    Oct 2011
    Last Seen
    Today @ 08:26 PM
    Gender
    Lean
    Conservative
    Posts
    25,871

    Re: Obama seeks 28 percent corp. tax rate

    A few quotes from the article:

    Chances of accomplishing such change in the tax system are slim in a year dominated mostly with presidential and congressional elections. But for Obama, the proposal is part of a larger tax plan that is central to his re-election strategy.
    While Obama has been promoting various aspects of his economic agenda in personal appearances and speeches, the decision to leave the corporate tax plan to the Treasury Department to unveil signaled its lower priority.

    What's more, the administration's framework leaves much for Congress to decide — a deliberate move by the administration to encourage negotiations but which also doesn't subject the plan to detailed scrutiny.
    Obama's plan is not as ambitious as a House Republican proposal that would lower the corporate rate to 25 percent.

    It's all about getting re-elected...nothing more.

    Obama throws this out there...knowing nothing will get done...but getting people to think he WANTS to do something. And it's not even as good as what the Republicans propose.


    But, hey...the sheeple will lap it up and eagerly line up to vote for him.
    Last edited by Mycroft; 02-23-12 at 07:08 AM.
    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

  8. #38
    Sage
    MoSurveyor's Avatar
    Join Date
    Jan 2012
    Last Seen
    04-13-17 @ 04:36 AM
    Gender
    Lean
    Undisclosed
    Posts
    9,985

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by 1Perry View Post
    It isn't necessarily false.
    I stand corrected.
    Quote Originally Posted by 1Perry View Post
    We have no idea right now.
    You're right, of course, as I myself have been preaching.
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

  9. #39
    Sage
    MoSurveyor's Avatar
    Join Date
    Jan 2012
    Last Seen
    04-13-17 @ 04:36 AM
    Gender
    Lean
    Undisclosed
    Posts
    9,985

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by Mycroft View Post
    It's all about getting re-elected...nothing more.

    Obama throws this out there...knowing nothing will get done...but getting people to think he WANTS to do something.
    I'm sure he does want to do something, and he's left room for others to have their input, but with Republican's Job #1 being the White House instead of the People I'm sure nothing will get done.

    Quote Originally Posted by Mycroft View Post
    And it's not even as good as what the Republicans propose.
    More propaganda. Without more information we can't know which is better.
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

  10. #40
    Sage
    Mycroft's Avatar
    Join Date
    Oct 2011
    Last Seen
    Today @ 08:26 PM
    Gender
    Lean
    Conservative
    Posts
    25,871

    Re: Obama seeks 28 percent corp. tax rate

    Quote Originally Posted by MoSurveyor View Post
    I'm sure he does want to do something, and he's left room for others to have their input, but with Republican's Job #1 being the White House instead of the People I'm sure nothing will get done.

    More propaganda. Without more information we can't know which is better.
    When I see the Democrats in Congress proposing and fighting for this kind of legislation, then I might believe he wants to do something. Until then it's all political campaign rhetoric...meaningless to anyone who is not a sheeple.
    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

Page 4 of 18 FirstFirst ... 2345614 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •