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Old 03-29-2012, 11:48 PM   #21
BashBeissedat

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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.
You are however, dead wrong to claim forgiving a debt is any different at the end of the fiscal year from writing a check.
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.

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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Old 03-29-2012, 11:48 PM   #22
attishina

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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.
Go to zero base.

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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Old 03-29-2012, 11:49 PM   #23
JulietOreira

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The "Fair Tax" sucks fucking balls.. I hate consumption taxes.
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Old 03-29-2012, 11:49 PM   #24
embefuri

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Again.. I personally think all corporations, including traditional and "alternative" energy producers should be given a 100% tax break..

It's hardly a subsidy.. It's eliminating a hidden tax on consumers.. Because they're the ones who end up paying it.
I agree, also consider the fact they provide millions of good jobs for our families with opportunity abound if want it, and they don't tax other people to provide those opportunities.
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Old 03-29-2012, 11:49 PM   #25
Ijkavylo

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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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Old 03-29-2012, 11:51 PM   #26
Saqwnht

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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.

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.
If they don't requite it, great news, lets end it tomorrow.
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Old 03-29-2012, 11:51 PM   #27
teentodiefows

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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.
Well, yeah it does.. On the one hand, taxpayers have to cough up the 80% check you receive.. And we're broke.. We have no money. So we'll have to borrow it at interest, and mail it to you.

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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Old 03-29-2012, 11:52 PM   #28
Bejemoelemymn

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I agree, also consider the fact they provide millions of good jobs for our families with opportunity abound if want it, and they don't tax other people to provide those opportunities.
Corporate taxes are just a sneaky way to socialize costs.. To hide them..
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Old 03-29-2012, 11:52 PM   #29
Immampdah

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FIRE THIS ROTTEN CONGRESS.


REPEAL THE SIXTEENTH AMENDMENT.
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Old 03-29-2012, 11:53 PM   #30
HilaryNidierer

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Corporate taxes are just a sneaky way to socialize costs.. To hide them..



EXACTLY.
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Old 03-29-2012, 11:55 PM   #31
refsherne

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Corporate taxes are just a sneaky way to socialize costs.. To hide them..



EXACTLY.
Yeah.. and everybody thinks "OMZZ!!! We're so smart! look at that big, rich corporation! We're really dinging them huh? Making them pay!!!!"

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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Old 03-30-2012, 12:00 AM   #32
GAGNAPPEAPH

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THERE ARE NO OIL SUBSIDIES.
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Old 03-30-2012, 12:32 AM   #33
Caliwany

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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.

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.
A valid argument COULD be made to compare job creation of OIL, vs job creating of Windmills.........

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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Old 03-30-2012, 12:36 AM   #34
ViktorialHDY

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A valid argument COULD be made to compare job creation of OIL, vs job creating of Windmills.........

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.
You8 guys do realize there is virtually no direct competition between "Oil" and "Windmills" right?
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Old 03-30-2012, 12:37 AM   #35
Hoijdxvh

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You8 guys do realize there is virtually no direct competition between "Oil" and "Windmills" right?
There isn't much competition between bunny rabbits and santa ............

What's your point?
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Old 03-30-2012, 12:38 AM   #36
12Dvop4I

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FUCK YOUR FACE, YOU FUCKED-OUT OLD WHORE.
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Old 03-30-2012, 12:40 AM   #37
CaseyFan

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Corporate taxes are just a sneaky way to socialize costs.. To hide them..
Again a post P&L flat tax or a universal VAT style consumption tax would solve that.
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Old 03-30-2012, 12:42 AM   #38
herawaq

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There isn't much competition between bunny rabbits and santa ............

What's your point?
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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Old 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
Now you want higher electricity costs too, or else your the one on government subsidies.
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