Trumps stance on financial inequallity .

FanthatSpark · Sep 27, 2016

Now just slap me if I am wrong but did I hear Trump/Citizens United/Corporation/1%ter twice say he will further the divide of financial inequality by lowering the tax percentage to 15% for Corporations/1%ters/Citizens United which leaves the remaining 85% to those that make less to pay, A.K.A. the 99%ters?

Sounds like slavery to me. You guys?

J Cord · Sep 28, 2016

FanthatSpark said:
Now just slap me if I am wrong but did I hear Trump/Citizens United/Corporation/1%ter twice say he will further the divide of financial inequality by lowering the tax percentage to 15% for Corporations/1%ters/Citizens United which leaves the remaining 85% to those that make less to pay, A.K.A. the 99%ters?

Sounds like slavery to me. You guys?

You are clearly missing the logic here .

I mean obviously if you only have 20 billion in the bank, you send your jobs to a third world country to make even greater profits. But if you have 22 billion in the bank, well now that's a completely different story. Then you bring all your jobs back to the USA, hire Americans, and no longer care one tiddle about making greater profits. Not one little tiddle. Obviously.

The crazy part is that it is Trump's base that will suffer the most under his proposed tax plan. It's like a bunch of chickens choosing Colonel Sanders to look out for their well being, just makes you shake your head.

Desk trauma · Sep 28, 2016

FanthatSpark said:
Sounds like slavery to me.

If the tax rate sounds like slavery, you have no idea what slavery is like.

KWCrazy · Sep 28, 2016

FanthatSpark said:
Now just slap me if I am wrong but did I hear Trump/Citizens United/Corporation/1%ter twice say he will further the divide of financial inequality by lowering the tax percentage to 15% for Corporations/1%ters/Citizens United which leaves the remaining 85% to those that make less to pay, A.K.A. the 99%ters?

Corporations shouldn't pay ANY tax. Shareholders pay taxes. When you tax corporations, shareholders pay double. That's YOUR IRA by the way.
Actually, the top 20% pay 84% of taxes. The top 10% pay 70% of taxes.
Divide financial inequality? Pfffft! Here's why most liberals have no comprehension of how economics works.
Two guys in a garage come up with a new computer operating system. They bring in some other people to help them refine it and promote it. They are not rich, so these people are paid very little but get a share of the company. The idea takes off. Soon they need bigger offices and more people. The company is now making a profit so they can pay actual wages. They hire people who previously did not have jobs, decreasing unemployment and giving those workers money to buy things .
The company calls itself Microsoft. The founder makes billions, but because he doesn't have any way of spending all that money, he gives a billion dollars to charity. One of the early workers who took a risk at not getting paid (my boss's nephew) retires at 35; a multi-millionaire. Because of the product they create business gets more efficient and tens of billions of dollars gets pumped into the economy.
Who suffers?
Nobody!
Wealth is not a zero sum game. You are not negatively impacted by the wealth of your neighbors. In fact, your boss's wealth and investment are the reason you have a job today. There is nothing stopping you from doing the same thing and creating wealth at the expense of NOBODY. Liberals call this "trickle down" economics. ALL economics works the same way. You cannot create wealth by taking from those who produce and trading it to those who do not in exchange for votes. You cannot uplift a community by driving jobs and hope out of it. You create wealth by encouraging those who can invest to invest in the American work force. It's mindless to support candidates who over-regulate business out of the country and then blame the problem on the wealthy. It's mindless to support people who have never held a job in the private sector and expect them to be experts on economics. They are experts at one thing; buying your votes with false promises.

KCfromNC · Sep 28, 2016

KWCrazy said:
Corporations shouldn't pay ANY tax.

They're using the things taxes pay for, so they should share part of the cost. I'm fine with them not paying taxes if they also don't have access to, for example, court systems or police protection.

SkyWriting · Sep 28, 2016

KCfromNC said:
They're using the things taxes pay for, so they should share part of the cost. I'm fine with them not paying taxes if they also don't have access to, for example, court systems or police protection.

The issue is that individuals or groups could incorporate, then pay zero.
The solution is that companies pay the same as individuals so there
is no way to avoid paying taxes.

Sadly, all the special treatments tend to stay in place long after people
were excited about creating them. My state created special support for
day care...and guess what? People created a daycare, asked unemployed
parents to "work" there, but instead...sent the parents a check at home
for both the parents and the kids, from government funds.

KWCrazy · Sep 28, 2016

KCfromNC said:
They're using the things taxes pay for, so they should share part of the cost. I'm fine with them not paying taxes if they also don't have access to, for example, court systems or police protection.

You DO know that corporations aren't people, right? The stockholders pay taxes for those things. Should they pay twice? Do you realize that your own retirement is likely at least partially based in these same corporations? Why don't you just send twice the required taxes rather than trying to double tax others?

MrSpikey · Sep 29, 2016

KWCrazy said:
Corporations shouldn't pay ANY tax.

Apparently, corporations are people too, according to the SC, so why should they get any special favours?

Oafman · Sep 29, 2016

KWCrazy said:
Actually, the top 20% pay 84% of taxes.

The top 20% own 88% of the wealth. Why do they get to underpay on tax?

KWCrazy · Sep 29, 2016

MrSpikey said:
Apparently, corporations are people too, according to the SC, so why should they get any special favours?

Since most people have at least a portion of their retirement in the stock market and aren't savvy enough to use tax loopholes to avoiding taxes, this, too, becomes a tax on the middle class. A flat tax fixes all of this.

kermit · Sep 29, 2016

Corporate taxes are really a canard. Taxes are based on reportable profit. No well run company should ever show reportable profit.

My wife works at a tax office. Her boss will tell small business owners that are projecting a profit to find a place to invest the money or pay themselves a bonus.

Search

Search

Trumps stance on financial inequallity .

FanthatSpark

LImited Understanding

More options

J Cord

Well-Known Member

More options

Desk trauma

Front row at the dumpster fire of the republic

More options

KWCrazy

Newbie

More options

KCfromNC

Regular Member

More options

SkyWriting

The Librarian

More options

KWCrazy

Newbie

More options

MrSpikey

Well-Known Member

More options

Oafman

Try telling that to these bog brained murphys

More options

KWCrazy

Newbie

More options

kermit

Legend

More options

Need help?

Similar threads