Tweet from Kellyanne Conway..

[John in Plano]

Greg
How did the Donald lower taxes for Carrier ?

"Tax incentives and loosening of regulations"

And this was done after Carrier had already built their building in Mexico..next time it'll happen a lot faster.

I guess he's baffling them with bullshit. As of 12/01/16 Trump has zero authority to promise anything.

If Carrier gets what The Donald promised, and the wall isn't build and paid for by Mexico/Mexicans I predict The Donald will be voted out in 4 years.

[Red Oak]

The U.S. has the highest Corporate Tax Rate in the Developed world, and the Regulations they must operate under is much more of a factor than wages.

[GFB]

Greg
How did the Donald lower taxes for Carrier ?

"Tax incentives and loosening of regulations"

And this was done after Carrier had already built their building in Mexico..next time it'll happen a lot faster.

I guess he's baffling them with bullshit. As of 12/01/16 Trump has zero authority to promise anything.

He's not promising..he's doing.

Wait till he's sworn in.

You're going to get tired of winning.

[rusty]

The U.S. has the highest Corporate Tax Rate in the Developed world, and the Regulations they must operate under is much more of a factor than wages.

Bullshit RedOak. If the big corps actually paid a lot in taxes I might be able to accept it. But they don't. Doesn't matter what the corporate tax "rate" is if they're not paying any. It's wages. We could have a 0% corporate tax rate and it wouldn't offset what they're not payingredients on wages in 3rd world countries. But you already know that.

[jellowrestling]

The U.S. has the highest Corporate Tax Rate in the Developed world, and the Regulations they must operate under is much more of a factor than wages.

Bullshit RedOak. If the big corps actually paid a lot in taxes I might be able to accept it. But they don't. Doesn't matter what the corporate tax "rate" is if they're not paying any. It's wages. We could have a 0% corporate tax rate and it wouldn't offset what they're not payingredients on wages in 3rd world countries. But you already know that.

Businesses paid $341,700,000,000 in taxes last year, plus payroll taxes of about half a trillion. And that doesn't include the payroll taxes their employees paid or the individual income taxes.

[rusty]

A $ amount means nothing. You have to look at the profit to tax ratio for a true picture. But you know that.

[Red Oak]

No I don't "Know" that.

[rusty]

No I don't "Know" that.

Sure you do Oak. If you earn bazillion 100 bazillion dollars and pay 1/20 of 1 bazillion it's not that much.

[Red Oak]

[jellowrestling]

A $ amount means nothing. You have to look at the profit to tax ratio for a true picture. But you know that.

So, if business produced less tax revenue, but paid at a higher rate on a profit to tax ratio basis, you would be satisfied?

[Sangersteve]

A $ amount means nothing. You have to look at the profit to tax ratio for a true picture. But you know that.

Rusty do you take any deductions on your taxes?

[rusty]

A $ amount means nothing. You have to look at the profit to tax ratio for a true picture. But you know that.

Rusty do you take any deductions on your taxes?

If you're trying to compare the deductions people like you and can take vs. the deductions a Corp. can take, forget it. That dig won't hunt.


Steve, do state, local, or federal governments give you a big ass TAX INCENTIVE for doing business in their jurisdiction? I know I don't get one.

[Red Oak]

Where do the corperate profits go that aren't taxed ?

[Sangersteve]

A $ amount means nothing. You have to look at the profit to tax ratio for a true picture. But you know that.

Rusty do you take any deductions on your taxes?

If you're trying to compare the deductions people like you and can take vs. the deductions a Corp. can take, forget it. That dig won't hunt.


Steve, do state, local, or federal governments give you a big ass TAX INCENTIVE for doing business in their jurisdiction? I know I don't get one.

First, my wife is CEO and I am Secretary, we are officers of a corporation. Our financial guy takes advantage of all legal tax incentives. Are we now evil? Well I guess our corp. is double evil, according to lefty standards, since it is also minority owned,so we qualify for first in line for government contracts. If our employment level reaches a certain amount we would qualify for local incentives. You see if your business can raise the tax base of an area, you can get rewarded. So all you have to do to enjoy these benefits is invest in starting a business.Then make it successful.

Personal taxes do get benefits just not the same way as a corp. A corp can't take marriage benefits, and a person can't take equipment depreciation benefits.

[rusty]

Rusty do you take any deductions on your taxes?

If you're trying to compare the deductions people like you and can take vs. the deductions a Corp. can take, forget it. That dig won't hunt.


Steve, do state, local, or federal governments give you a big ass TAX INCENTIVE for doing business in their jurisdiction? I know I don't get one.

First, my wife is CEO and I am Secretary, we are officers of a corporation. Our financial guy takes advantage of all legal tax incentives. Are we now evil? Well I guess our corp. is double evil, according to lefty standards, since it is also minority owned,so we qualify for first in line for government contracts. If our employment level reaches a certain amount we would qualify for local incentives. You see if your business can raise the tax base of an area, you can get rewarded. So all you have to do to enjoy these benefits is invest in starting a business.Then make it successful.

Personal taxes do get benefits just not the same way as a corp. A corp can't take marriage benefits, and a person can't take equipment depreciation benefits.

Steve, legitimate deductions and incenrives aren't the same thing. Please, name just one tax incentive/abatement, whatever you want to call it, that your corp. receives.

[rusty]

Rusty do you take any deductions on your taxes?

If you're trying to compare the deductions people like you and can take vs. the deductions a Corp. can take, forget it. That dig won't hunt.


Steve, do state, local, or federal governments give you a big ass TAX INCENTIVE for doing business in their jurisdiction? I know I don't get one.

First, my wife is CEO and I am Secretary, we are officers of a corporation. Our financial guy takes advantage of all legal tax incentives. Are we now evil? Well I guess our corp. is double evil, according to lefty standards, since it is also minority owned,so we qualify for first in line for government contracts. If our employment level reaches a certain amount we would qualify for local incentives. You see if your business can raise the tax base of an area, you can get rewarded. So all you have to do to enjoy these benefits is invest in starting a business.Then make it successful.

Personal taxes do get benefits just not the same way as a corp. A corp can't take marriage benefits, and a person can't take equipment depreciation benefits.

I understand the definitions very well.

[jellowrestling]

A $ amount means nothing. You have to look at the profit to tax ratio for a true picture. But you know that.

So, if business produced less tax revenue, but paid at a higher rate on a profit to tax ratio basis, you would be satisfied?

bump

[rusty]

A $ amount means nothing. You have to look at the profit to tax ratio for a true picture. But you know that.

So, if business produced less tax revenue, but paid at a higher rate on a profit to tax ratio basis, you would be satisfied?

bump

I'm not sure I understand what you're asking. All I was trying to say is that you can't pop a number out there to prove that corps do pay a large amount of tax unless you include the basis for that figure.

[John in Plano]

Where do the corperate profits go that aren't taxed ?

They stay off shore for many multinationals.

[Mark]

Profit is evil to the Left. That's why they're Leftists.

The Left always begins with the premise that everything belongs to government.