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Thread: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Quote Originally Posted by sangha View Post
    I agree. My point isn't that it's not complex; it's that having tax brackets is not what makes it complex.

    What makes it complex is calculating (taxable) income which, by it's nature, is complex. However, we have added unnecessary complexity for political reasons.
    Yeah, and that political complexity is there because IMHO, if people actually knew the totality of what they actually pay across the board in ALL taxation as a percentage of their income, from governmental fees, property taxes, sales taxes, excise taxes, increased cost of goods from hidden taxation that is passed on, etc...There would be a revolt!
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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Quote Originally Posted by Helix View Post
    i prefer marginal rates, though i support simplifying the tax code significantly.
    All marginal rates do is punish success with no return. Which is inherently unfair. Thats how we got to this point where 5% of the people are paying 60% of the income tax.

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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Quote Originally Posted by jonny5 View Post
    So then you were wrong when you said there was a law which stated that corporations were the same as people.
    No, I said "according to law" which scotus decisions are.
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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Quote Originally Posted by Phoenix View Post
    Fox News Link


    I am wondering how his constituents that are employed by Burger King feel about this. Way to throw them under the bus Sherrod.
    If he wants to blame the source, he'd resign. It is the democrats that push for higher and higher corporate taxes that are driving companies out of the country. I saw an article stating Burger King would save 20% on taxes by moving to Canada. So Sen Sherrod only has himself (and other democrats) to blame.
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Quote Originally Posted by jonny5 View Post
    All marginal rates do is punish success with no return. Which is inherently unfair. Thats how we got to this point where 5% of the people are paying 60% of the income tax.
    and the top one percent control 35 percent of the wealth. they benefit the most from societal structure, and asking them to pay a higher marginal rate on income above a certain level is not unfair.

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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Like I said in a previous post - these progressives love to degrade these businesses but then are baffled when they pack their **** up and leave....

    This whole situation clearly proves that progressives actually believe they own or even have the right to work for these companies while they degrade them in the process.

    So It is quite obvious progressives actually believe they own these industries - as if the investor of job creator has some sort of an obligation to employ these ungrateful tools...

    I'm extremely happy for Burger King moving - it's about time more businesses should do the same thing, oh and they have been in Illinois - they're packing their HQ's up and moving to more business friendly states and I cant blame them.

    However, it is still funny to see these far left loons pretend that Burger King owes them something.

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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Quote Originally Posted by Helix View Post
    and the top one percent control 35 percent of the wealth. they benefit the most from societal structure, and asking them to pay a higher marginal rate on income above a certain level is not unfair.
    I highly doubt that....

    You act like these "1%" have some sort of room that looks like Fort Knox and they're swimming in their money when in reality the majority of their wealth is wrapped up in other investments...

    Sure some of these guys may be worth Billions but you can expect the majority of that money is tied up in other projects... I know quite a few people that are "well off" and you know what - everyting they own is on credit backed by their assets (some of which assets are also on credit)...

    The financial game is a lot more complicated then you could possibly imagine.

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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Quote Originally Posted by Phoenix View Post
    Fox News Link


    I am wondering how his constituents that are employed by Burger King feel about this. Way to throw them under the bus Sherrod.
    Another lefty sticking his nose where it does not belong....Corporations have the highes corporate taxes in the world in this country...Lower the taxes like the Republicans want to do maybe will change this happening.
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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    Quote Originally Posted by Helix View Post
    and the top one percent control 35 percent of the wealth. they benefit the most from societal structure, and asking them to pay a higher marginal rate on income above a certain level is not unfair.
    Another lefty that begrudges a person being wealthy...Tell me my left wing friend have you ever been hired by a poor person?
    "God Bless Our Troops in Harms Way."

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    Re: Ohio Sen. Sherrod Brown calls for Burger King boycott over Tim Hortons deal

    What a lot of the layman don't understand is that the rich reinvest their money in other ventures..

    It's not like they have millions in cash sitting around (some do) but only after they have become so successful...

    This is something a lot of people don't understand.

    Generally allot of these rich folks have nice things because they barrow against other assets.

    The interesting part about that is that they really don't own those luxuries, if an investment or two fails then they have nothing - they lose it all depending how much equity they have in that item weather it be a house or a boat or a car..

    That is one of the fundamental problems with being "wealthy" - the bank will take it all if you **** up.

    I could write a thesis on this...

    I have always said: buy your luxuries outright.. If you want something nice NEVER use collateral to buy it...

    Also, the people you think are "rich" are way more poor than even you. Their liabilities far exceed their assets - especially in this economy - it's game over for a lot of them.

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