You might want to tell DestinyUSA that the tax break it is getting for the next 30 years is a straw-man. Or maybe the tac break it got in the last 30 years. Or Maybe the few hundred million given to dell.
You might want to tell DestinyUSA that the tax break it is getting for the next 30 years is a straw-man. Or maybe the tac break it got in the last 30 years. Or Maybe the few hundred million given to dell.
Originally posted by: Vic
Some people don't understand basic economics. They think money is magic. They think they can "fsck over" those "evil corporations" by giving each one a uniform competitive disadvantage, as though the cost of such wouldn't be passed on to the consumers.
Some people don't understand basic economics, couldn't have said it better myself. A tax on profit is not a cost.
Of course that is besides the point because it is your goal to push all taxes on to the consumers.
I never implied you supported it. If I implied anything it was that your ignorant of the abuses that can and do take place with property taxes.
Really how much does taxes brackets added to the complexity of the tax code. Talk about a straw man.
Vic
Elite Member
- Jun 12, 2001
- 50,422
- 14,337
- 136
Uh huh...
:roll:
Heh. That is not a strawman, that is a perfectly logical argument (and even if it wasn't logical, it still wouldn't define as a strawman -- there are other logical fallacies you know
). Anyway, the additional complexity is inherent and obvious. Like 2+2 is more complicated than 2 alone. Keep arguing though, this is amusing.
Queasy
Moderator<br>Console Gaming
- Aug 24, 2001
- 31,796
- 2
- 0
Originally posted by: smack Down
Originally posted by: Vic
Some people don't understand basic economics. They think money is magic. They think they can "fsck over" those "evil corporations" by giving each one a uniform competitive disadvantage, as though the cost of such wouldn't be passed on to the consumers.
Some people don't understand basic economics, couldn't have said it better myself. A tax on profit is not a cost.
Of course that is besides the point because it is your goal to push all taxes on to the consumers.
Think of the costs associated with any good or service. To a corporation, taxes are part of that cost. Companies expect to make profit and price their goods or services to do so. The cost of taxes are included in that good or service. The consumer pays for that cost. Shareholders pay for that cost. Employees pay for that cost. Not the corporation.
Originally posted by: Queasy
Originally posted by: smack Down
Originally posted by: Vic
Some people don't understand basic economics. They think money is magic. They think they can "fsck over" those "evil corporations" by giving each one a uniform competitive disadvantage, as though the cost of such wouldn't be passed on to the consumers.
Some people don't understand basic economics, couldn't have said it better myself. A tax on profit is not a cost.
Of course that is besides the point because it is your goal to push all taxes on to the consumers.
Think of the costs associated with any good or service. To a corporation, taxes are part of that cost. Companies expect to make profit and price their goods or services to do so. The cost of taxes are included in that good or service. The consumer pays for that cost. Shareholders pay for that cost. Employees pay for that cost. Not the corporation.
1. A tax on profit is not a cost. No matter how you want to it.
B. I really don't care about the shareholders pay a tax. That is who the tax is aimed at
3. The price a consumer pays is independent of the cost to produce an item.
4. Empoleys do not pay the tax. The rate an employee is willing to offer his seriveces is independent of profit the corporation will make.
5. If a corporation doesn't pay the tax then the consumers will any ways so that is a pointless argument.
Queasy
Moderator<br>Console Gaming
- Aug 24, 2001
- 31,796
- 2
- 0
Originally posted by: smack Down
Originally posted by: Queasy
Originally posted by: smack Down
Originally posted by: Vic
Some people don't understand basic economics. They think money is magic. They think they can "fsck over" those "evil corporations" by giving each one a uniform competitive disadvantage, as though the cost of such wouldn't be passed on to the consumers.
Some people don't understand basic economics, couldn't have said it better myself. A tax on profit is not a cost.
Of course that is besides the point because it is your goal to push all taxes on to the consumers.
Think of the costs associated with any good or service. To a corporation, taxes are part of that cost. Companies expect to make profit and price their goods or services to do so. The cost of taxes are included in that good or service. The consumer pays for that cost. Shareholders pay for that cost. Employees pay for that cost. Not the corporation.
1. A tax on profit is not a cost. No matter how you want to it.
B. I really don't care about the shareholders pay a tax. That is who the tax is aimed at
3. The price a consumer pays is independent of the cost to produce an item.
4. Empoleys do not pay the tax. The rate an employee is willing to offer his seriveces is independent of profit the corporation will make.
5. If a corporation doesn't pay the tax then the consumers will any ways so that is a pointless argument.
1. So if a company has a 10% profit target and they have to raise the price of a good to meet that target because of tax implications, that is not a cost?
2. Shareholders are individuals just like you and I. If a company reduces their dividend payout to meet their profit goals it is the individual shareholder who bears the burden of that cost.
3. Where the holy hell did you get that idea? Good lord. You honestly think a company can sustain itself making an item that costs $10 and charging only $5 for it?
4. One of the ways a company meets its profit goals is employees. They may decide not to give employees raises or bonuses to meet a profit goal. They may decide not to hire any employees or they may even fire some employees. You honestly think the cost of employees is not factored into the cost of goods?
5. Individuals pay taxes. Not corporations. Corporations merely shuffle the cost of taxes on to individuals whether they be consumers, shareholders, or employees.
Originally posted by: Queasy
Originally posted by: smack Down
Originally posted by: Queasy
Originally posted by: smack Down
Originally posted by: Vic
Some people don't understand basic economics. They think money is magic. They think they can "fsck over" those "evil corporations" by giving each one a uniform competitive disadvantage, as though the cost of such wouldn't be passed on to the consumers.
Some people don't understand basic economics, couldn't have said it better myself. A tax on profit is not a cost.
Of course that is besides the point because it is your goal to push all taxes on to the consumers.
Think of the costs associated with any good or service. To a corporation, taxes are part of that cost. Companies expect to make profit and price their goods or services to do so. The cost of taxes are included in that good or service. The consumer pays for that cost. Shareholders pay for that cost. Employees pay for that cost. Not the corporation.
1. A tax on profit is not a cost. No matter how you want to it.
B. I really don't care about the shareholders pay a tax. That is who the tax is aimed at
3. The price a consumer pays is independent of the cost to produce an item.
4. Empoleys do not pay the tax. The rate an employee is willing to offer his seriveces is independent of profit the corporation will make.
5. If a corporation doesn't pay the tax then the consumers will any ways so that is a pointless argument.
1. So if a company has a 10% profit target and they have to raise the price of a good to meet that target because of tax implications, that is not a cost?
2. Shareholders are individuals just like you and I. If a company reduces their dividend payout to meet their profit goals it is the individual shareholder who bears the burden of that cost.
3. Where the holy hell did you get that idea? Good lord. You honestly think a company can sustain itself making an item that costs $10 and charging only $5 for it?
4. One of the ways a company meets its profit goals is employees. They may decide not to give employees raises or bonuses to meet a profit goal. They may decide not to hire any employees or they may even fire some employees. You honestly think the cost of employees is not factored into the cost of goods?
5. Individuals pay taxes. Not corporations. Corporations merely shuffle the cost of taxes on to individuals whether they be consumers, shareholders, or employees.
1. So if a company has a 10% profit target and they have to raise the price of a good to meet that target because of tax implications, that is not a cost?
Correct. Would you like me to go to webster and link the defintion of costs for you.
2. Correct again that is who the burden is for. It is in exchange for limited liabilty.
3. Supply and demand. Companies sell items below cost all the time.
4. IF the company doesn't give out raises it is because you are not worth the raise.
5. The tax is passed onto the share holders where it is intended. I still don't see why the ant-tax corporate tax people use the argument that it is just passed on to other people when the only reveune neutral way to eliminate the tax is to pass it on to consumers.
Slew Foot
Lifer
- Sep 22, 2005
- 12,379
- 96
- 86
Not sure if anyone said this, but a sliding scale sales tax along with a flat and elimination of property tax might work well. The sales tax would work something like:
$0-$100- 5%
100-500- 7%
500-1000- 8%
1000-10000 - 10%
10,000-50,000 - 15%
>50,000- 20%
I have no idea if that would actually put the budget into balance, but if not, they'd just have to cut out crpa from the budget (like thatll ever happen).
$0-$100- 5%
100-500- 7%
500-1000- 8%
1000-10000 - 10%
10,000-50,000 - 15%
>50,000- 20%
I have no idea if that would actually put the budget into balance, but if not, they'd just have to cut out crpa from the budget (like thatll ever happen).
i'm on welfare and get refunds every year... so i guess my answer is "i don't care"... they don't take much out of my unemployment checks
And this is where this countries spending problem comes from. Those that get the goverment services dont pay the bills, but still get to vote themselves more goods and services.
Vic
Elite Member
- Jun 12, 2001
- 50,422
- 14,337
- 136
LOL!
How about this one? Out of nothing but blind spite, you jack up corporate taxes across the board. As a consequence, actual costs rise, but big corps with some cash in the bank don't have a problem with it, so they keep prices low and absorb a quarter or 2's losses to gain market share against the little corps that can't afford it. Just like Wal-Mart moving into a new town. Then, with the competition out of the way, they leverage their newly increased market share to increase prices to offset the increased costs due to higher taxation plus to recoup their brief losses.
Umm actual costs would not raise but nice straw man it goes nicely with implying that a corporation that is making a profit and there for paying taxes is losing money. What would the corporate tax rate have to be so that a corporation that is currently making money is now losing money. I will give you a hint it is higher then 99%.
The most desireable and fairest is probably income tax. I only say this because I cannot imagine any other tax system that would generate enough funds for our state/nation govts.
My least and most hated tax is property tax. Texas for instance doesn't have a state income tax and they rely solely on property tax, which is through the roof - no pun intended. Mine is nearly $6000 a yr and I'm disgusted that the schools still suck. TEXAS NEEDS INCOME TAX! Not that that alone would fix the school situation, but at least the state would generate more funds and more funds would find their way to the schools. On the flip side, I don't think Texas will never go to income tax because there's just too damn many corrupt politicians in the state govt.
Sales tax needs work as well. A previous post mentioned having merchants automatically add the appropriate sales tax to the price of the goods so that way you know up front what an item costs before you get to the register. This is the way sales tax (VAT) works in Europe and should be implemented here.
My biggest gripe about sales tax is taxing the purchase of used cars. WTF! The individual car should only be taxed once and that is when it is new. I hate the fact that all (?) states collect sales tax on used cars even though they may have changed hands 2, 3, 4 or more times! I'd be happy to pay an extra five bucks on my yearly registration renewal than have to pay sales tax on the used car!
My least and most hated tax is property tax. Texas for instance doesn't have a state income tax and they rely solely on property tax, which is through the roof - no pun intended. Mine is nearly $6000 a yr and I'm disgusted that the schools still suck. TEXAS NEEDS INCOME TAX! Not that that alone would fix the school situation, but at least the state would generate more funds and more funds would find their way to the schools. On the flip side, I don't think Texas will never go to income tax because there's just too damn many corrupt politicians in the state govt.
Sales tax needs work as well. A previous post mentioned having merchants automatically add the appropriate sales tax to the price of the goods so that way you know up front what an item costs before you get to the register. This is the way sales tax (VAT) works in Europe and should be implemented here.
My biggest gripe about sales tax is taxing the purchase of used cars. WTF! The individual car should only be taxed once and that is when it is new. I hate the fact that all (?) states collect sales tax on used cars even though they may have changed hands 2, 3, 4 or more times! I'd be happy to pay an extra five bucks on my yearly registration renewal than have to pay sales tax on the used car!
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