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Thread: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government Spend

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Quote Originally Posted by pbrauer View Post
    That's wrong, a person can be a hypocrite without realizing it.


    Hypocrite - Definition and More from the Free Merriam-Webster Dictionary
    From your source:

    Definition of HYPOCRITE
    1
    : a person who puts on a false appearance of virtue or religion
    2
    : a person who acts in contradiction to his or her stated beliefs or feelings

    So how can a person "put on a false appearance of virtue" or "act in contradiction to his or her stated beliefs" without consciously knowing it?


    Quote Originally Posted by sangha View Post
    Now, I'm beginning to question your honesty, because the link you just posted says nothing about hypocrite requiring a person to lie about their beliefs.

    If he had stopped at, "being purposefully deceptive," would you have gotten his meaning then?
    Last edited by Μολὼν λαβέ; 08-16-11 at 08:32 PM.
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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Lets review what you are calling tax breaks. A company is assessed taxes on capital equipment, that is permanent equipment that depreciates in value over time. They are taxed for this at its full value and are allowed to amortize or write off the lowering in value on the equipment as it deteriorates over time. You are essentially saying they should be taxed for all capital outlays at full value. Capital depreciation occurs at all levels, mortgage home credits are based on that as are home improvement deductions, its a way to get back government taxes upon your property and to spur investment and solid home ownership.

    If you really think amortization needs to go away, then maybe the government shouldn't levy taxes on capital equipment and investments at all.

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Quote Originally Posted by OpportunityCost View Post
    Lets review what you are calling tax breaks. A company is assessed taxes on capital equipment, that is permanent equipment that depreciates in value over time. They are taxed for this at its full value and are allowed to amortize or write off the lowering in value on the equipment as it deteriorates over time. You are essentially saying they should be taxed for all capital outlays at full value. Capital depreciation occurs at all levels, mortgage home credits are based on that as are home improvement deductions, its a way to get back government taxes upon your property and to spur investment and solid home ownership.

    If you really think amortization needs to go away, then maybe the government shouldn't levy taxes on capital equipment and investments at all.
    That was a large pile of lies.

    1) Equipment can be depreciated over 5 years, even if it lasts for 30 years
    2) The are not taxed for its' full value. Its' value is not taxed at all
    3) Mortgage home credits have nothing to do with amortization or depreciation
    4) The govt doesn't tax capital equipment

    I learned this in my first year of Accounting classes
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    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Quote Originally Posted by lpast View Post
    Im sure you are...but im not...govt welfare helps indviduals that dont have anything to dont have much and programs like SS and medicare that working people pay into all their lives...

    Big oil never loses a penny...they raise the price their profits soar...they gouge us they break records...Im very surprised an intelligent fella like you cant see the difference and I mean that sincerely....who needs it who is stealing
    Government welfare destroyed the black family. If you are on the left, you are a racist. No exceptions.

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Quote Originally Posted by Jerry View Post
    I'm more concerned about government welfare.
    Not sure what you mean as welfare is giving our tax dollars to others, be it unwed mothers or coporations. Oddly, we give a hell of a lot more to corporations than unwed mothers, yet unwed mothers are far more demonized. Always struck me as a real skewed view of the world to do that.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Depletion; similar to amortization and depreciation, same principle.
    Capital assets are not taxed at the federal level. They are taxed by many states and local governments. The federal tax breaks recognize that fact. Its an incentive to improve homes and businesses. It occurs at all levels, from local homeowners to multimillion dollar factories.

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Quote Originally Posted by 1Perry View Post
    They are.



    Indeed. It doesn't cost more to remove a barrel of oil when the prices go up. (at least not equally so). If your conspiracy theories held any water they oil companies would just charge $6.00 a gallon for gas.

    Cut off the subsidies to Wall Street and prices will fall along with profits.
    Perry dont play games with me...with the conspiracy theory crap...no where did I mention conspiracies...

    Now explain it to me....aside from the arabs and the dirtbag traders gouging...how does big oil break all profit records at the pump when usage is down if they arent GOUGING us and raising the price at the pump far above what a barrel and traders do....look perry ive been around too long to get bull****ted....every year in the spring most of my life big oil stuck it to us...and of course they blamed everyone else while breaking profit records...and for their gouging I get the privledge as a taxpayer to give them free tax money....No conspiracy...just the greed driven screwing of anyone and anyone for a buck

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Quote Originally Posted by OpportunityCost View Post
    Depletion; similar to amortization and depreciation, same principle.
    Capital assets are not taxed at the federal level. They are taxed by many states and local governments. The federal tax breaks recognize that fact. Its an incentive to improve homes and businesses. It occurs at all levels, from local homeowners to multimillion dollar factories.
    "Record Profits" aren't enough of an incentive for them to improve their business?
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    By the way unicorns to science are not mythology. They can be studied by biology because they are an animal.

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Quote Originally Posted by OpportunityCost View Post
    Depletion; similar to amortization and depreciation, same principle.
    Capital assets are not taxed at the federal level. They are taxed by many states and local governments. The federal tax breaks recognize that fact. Its an incentive to improve homes and businesses. It occurs at all levels, from local homeowners to multimillion dollar factories.
    Again, mortgage credits and home improvement deductions are not based on depletion, amortization or depreciation. They are nothing more than govt subsidies meant to increase home ownership

    I know of no state that taxes capital goods. What you said, without substantiation, sounds like fiction.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Voters See These ‘Corporate Welfare’ Programs As A Good Place To Cut Government S

    Property taxes are what again? If you build property on an empty piece of land, I pretty much guarantee you the property taxes will go up. Would you call a building a capital asset?

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