Originally posted by: DVK916
He said the government is in the pockets of the rich and big corps, and tax laws are passed to take from the poor to give to the rich. That when they do a tax cut for the rich, they raise taxes on the poor.
What do you think of this.
Originally posted by: DVK916
He said the government is in the pockets of the rich and big corps, and tax laws are passed to take from the poor to give to the rich. That when they do a tax cut for the rich, they raise taxes on the poor.
What do you think of this.
Originally posted by: XMan
Corporations don't pay taxes. They increase the prices of their goods and services and pass their tax burden onto their customers.
Umm... Taxes are a cost of doing business. If you want to make more you calculate that cost into your price. It's not about revenues and taxes... it's about how much you want to make as a business owner.Originally posted by: ZeroIQ
Originally posted by: XMan
Corporations don't pay taxes. They increase the prices of their goods and services and pass their tax burden onto their customers.
You don't know what you're talking about. Increased revenue means increased taxes. It's all percentages. You charge more, you make more, you pay more.
Originally posted by: pyonir
Originally posted by: Pacfanweb
The rich pay the VAST majority of the taxes.
No doubt about that, but at what percent of their income? Are they paying more than the ~25% of my gross income i pay?
Originally posted by: Whoozyerdaddy
Umm... Taxes are a cost of doing business. If you want to make more you calculate that cost into your price. It's not about revenues and taxes... it's about how much you want to make as a business owner.Originally posted by: ZeroIQ
Originally posted by: XMan
Corporations don't pay taxes. They increase the prices of their goods and services and pass their tax burden onto their customers.
You don't know what you're talking about. Increased revenue means increased taxes. It's all percentages. You charge more, you make more, you pay more.
When you run a business you'll understand.
Originally posted by: ZeroIQ
Originally posted by: Whoozyerdaddy
Umm... Taxes are a cost of doing business. If you want to make more you calculate that cost into your price. It's not about revenues and taxes... it's about how much you want to make as a business owner.Originally posted by: ZeroIQ
Originally posted by: XMan
Corporations don't pay taxes. They increase the prices of their goods and services and pass their tax burden onto their customers.
You don't know what you're talking about. Increased revenue means increased taxes. It's all percentages. You charge more, you make more, you pay more.
When you run a business you'll understand.
I do run a business, I do understand. If you make enough to get out of your current tax bracket, you pay more -- it's not a hard concept. To say that a corp doesn't pay taxes is ridiculous.
Originally posted by: Pacfanweb
Hell yes, they are. Top tax bracket is 35%. That is PLENTY high. The 25% bracket is for folks in the 31-64k range.Originally posted by: pyonir
Originally posted by: Pacfanweb
The rich pay the VAST majority of the taxes.
No doubt about that, but at what percent of their income? Are they paying more than the ~25% of my gross income i pay?
The percentage should NOT keep going up as income increases.
In fact, if they really want to make things fair, they need to go with a flat tax across the board. The rich will still pay the majority of the taxes, but everyone will pay the same percentage of their income.
Originally posted by: XMan
Originally posted by: ZeroIQ
Originally posted by: Whoozyerdaddy
Umm... Taxes are a cost of doing business. If you want to make more you calculate that cost into your price. It's not about revenues and taxes... it's about how much you want to make as a business owner.Originally posted by: ZeroIQ
Originally posted by: XMan
Corporations don't pay taxes. They increase the prices of their goods and services and pass their tax burden onto their customers.
You don't know what you're talking about. Increased revenue means increased taxes. It's all percentages. You charge more, you make more, you pay more.
When you run a business you'll understand.
I do run a business, I do understand. If you make enough to get out of your current tax bracket, you pay more -- it's not a hard concept. To say that a corp doesn't pay taxes is ridiculous.
So if your tax burden increases, you'll absorb the extra cost out of your pocket and continue to charge your customers the same amount of money?
Originally posted by: ZeroIQ
Originally posted by: XMan
Originally posted by: ZeroIQ
Originally posted by: Whoozyerdaddy
Umm... Taxes are a cost of doing business. If you want to make more you calculate that cost into your price. It's not about revenues and taxes... it's about how much you want to make as a business owner.Originally posted by: ZeroIQ
Originally posted by: XMan
Corporations don't pay taxes. They increase the prices of their goods and services and pass their tax burden onto their customers.
You don't know what you're talking about. Increased revenue means increased taxes. It's all percentages. You charge more, you make more, you pay more.
When you run a business you'll understand.
I do run a business, I do understand. If you make enough to get out of your current tax bracket, you pay more -- it's not a hard concept. To say that a corp doesn't pay taxes is ridiculous.
So if your tax burden increases, you'll absorb the extra cost out of your pocket and continue to charge your customers the same amount of money?
I guess for me that would be the case - I can't charge much more than any one else would for a website. I don't pay many more taxes than the Federal corporate tax, so I don't have to worry about much else. But that's not the point. You made the statement that corps don't pay taxes, which isn't true.
As far as passing cost on to your customers, you do that with any sort of overhead, not just taxes.
Originally posted by: XMan
Originally posted by: ZeroIQ
Originally posted by: XMan
Originally posted by: ZeroIQ
Originally posted by: Whoozyerdaddy
Umm... Taxes are a cost of doing business. If you want to make more you calculate that cost into your price. It's not about revenues and taxes... it's about how much you want to make as a business owner.Originally posted by: ZeroIQ
Originally posted by: XMan
Corporations don't pay taxes. They increase the prices of their goods and services and pass their tax burden onto their customers.
You don't know what you're talking about. Increased revenue means increased taxes. It's all percentages. You charge more, you make more, you pay more.
When you run a business you'll understand.
I do run a business, I do understand. If you make enough to get out of your current tax bracket, you pay more -- it's not a hard concept. To say that a corp doesn't pay taxes is ridiculous.
So if your tax burden increases, you'll absorb the extra cost out of your pocket and continue to charge your customers the same amount of money?
I guess for me that would be the case - I can't charge much more than any one else would for a website. I don't pay many more taxes than the Federal corporate tax, so I don't have to worry about much else. But that's not the point. You made the statement that corps don't pay taxes, which isn't true.
As far as passing cost on to your customers, you do that with any sort of overhead, not just taxes.
Where do corporations get the money to pay their taxes? The cost of taxation is built into the cost you charge for your product - otherwise you wouldn't be i business.
Originally posted by: krunchykrome
I think your professor should omit his personal opinions from the curriculum.
Originally posted by: DVK916
Personally it should be illegal pass on the cost of taxes to the consumers. Their should be price caps on goods, strictly enforced ones. Such as no more than a 2-3% increase a year in a price of a good, and if it is a necessity then perhaps the government should be the sole provider of it.
Originally posted by: Jaskalas
Originally posted by: krunchykrome
I think your professor should omit his personal opinions from the curriculum.
Liberal opinion IS the curriculum. Certainly you've been in enough classes to recognize that.![]()
Originally posted by: DVK916
He said the government is in the pockets of the rich and big corps, and tax laws are passed to take from the poor to give to the rich. That when they do a tax cut for the rich, they raise taxes on the poor.
What do you think of this.
Originally posted by: mfs378
Its tough to define fair, but I'm pretty sure that we can agree that if you earn more, the fraction you pay in (overall) taxes shouldn't be less. That can happen (and happens often) under the current tax system. Hence, the conclusion that tax code is biased toward the wealthy.
