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03-29-2012, 11:48 PM | #21 |
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You are correct. corporate taxes under the current system are consumption taxes. This is why I suggested a post P&L flat corporate tax rate, or simply roll cooperate expenditures into a universal VAT type consumption tax. Let the coperation decide how much tax they pay. OTOH, oil companies are wildly profitable.. Giving them a break on taxes helps them a lot.. The windmills would go under without a check.. The oil companies don't require this type of support. |
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03-29-2012, 11:48 PM | #22 |
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No.. Actually, if you make a hundred bucks, it's the difference between getting a check for another $80.00 (for a total of $180.00) or paying $20.00 in tax on your $100.00 of income. 100-20=80 80+20=100 Again, if you make 100K per year, and pay an effective rate of 20%, it makes no difference if you pay 20% of what you have, or if you are given 80% of what you earn. |
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03-29-2012, 11:49 PM | #23 |
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03-29-2012, 11:49 PM | #24 |
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Again.. I personally think all corporations, including traditional and "alternative" energy producers should be given a 100% tax break.. |
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03-29-2012, 11:49 PM | #25 |
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The fair tax needs to be tweaked. As generally proposed it would create a massive consumer black market
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03-29-2012, 11:51 PM | #26 |
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Well, it's quite different.. For example, there's 87K acres of windmills in texas that would be out of business tomorrow without a government subsidy.. Tax breaks won't help them, because they aren't profitable. |
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03-29-2012, 11:51 PM | #27 |
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100-20=80 On the other hand, taxpayers don't have to cope with a 20% corporate tax that is hidden in the cost of their goods and services. |
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03-29-2012, 11:52 PM | #28 |
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03-29-2012, 11:53 PM | #30 |
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03-29-2012, 11:55 PM | #31 |
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Corporate taxes are just a sneaky way to socialize costs.. To hide them.. And then.. "Hey! WTF is my damn ______ so expensive?!?!??!!? OMZ!!!!! CORPORATE GREED!!!!!!" It's like Lucy and the football with these guys.. They never learn. |
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03-30-2012, 12:00 AM | #32 |
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03-30-2012, 12:32 AM | #33 |
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Well, it's quite different.. For example, there's 87K acres of windmills in texas that would be out of business tomorrow without a government subsidy.. Tax breaks won't help them, because they aren't profitable. Those 87k miles of windmills, put a lot of people to work.......Oil fields also put a lot of people to work. Sadly, the windmills are 100% paid for with tax payer money in some form.......while the oil companies get a small tax break. I mean there is basically nothing similar about the two. 100% funded......vs a small tax break. HUGE fucking difference there. |
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03-30-2012, 12:36 AM | #34 |
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A valid argument COULD be made to compare job creation of OIL, vs job creating of Windmills......... |
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03-30-2012, 12:42 AM | #38 |
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There isn't much competition between bunny rabbits and santa ............ |
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03-30-2012, 12:44 AM | #39 |
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The point is wind and solar are an alternative to coal, not oil. So to make a comparative discussion relevant, you need to look at coal subsidies, not to mention the fail and default rate in the coal industry, which are both substantial |
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