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Economics Discuss Do Corporations pay less toward our goverment Revenue? at the Political Forums; Originally Posted by tommu56 corporations shouldn't be taxed in my opinion. The fairest tax is a sales tax across the ...

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Old 10-20-2013, 10:06 AM
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Default Re: Do Corporations pay less toward our goverment Revenue?

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Originally Posted by tommu56 View Post
corporations shouldn't be taxed in my opinion.

The fairest tax is a sales tax across the board no loopholes you buy a yacht and add 15% by a row boat and pay your 15% you decide what you want to buy and pay accordingly.
This would eliminate a lot of jobs with IRS and overhead in my opinion.

My second choice is flat income tax no deductions period not a graduated one percentage for all simple and to the point this would have to include "perks" for the money bags guys company co car, company yacht, plane, usage all taxable .
Not all bad.....

But, I do hate that some folks get hammered while some folks just skip past the grave yard....

Too much crap in that mixed bag for me.....
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Old 10-20-2013, 10:45 AM
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Default Re: Do Corporations pay less toward our goverment Revenue?

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ok sorry forgot about that. may b dif for cars cause over 4000 is what I was told at the clerk's office. but yeah over a certain amount. I dont like state luxury tax but I like it here so and looks like we're getting a republican governor.
They might have raised the based from 2000 to 4000, It's been years since I was in the Market for a car so I don't know what it is now....

and yes, Beebe has decided not to run for another term so it looks like we'll get another Republican Governor. I only hope he's not as bad as the last one, we don't need another Huckabee.

It also looks like we may lose our last Democratic Senator. Mark Pryor is in trouble in his race.
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Old 10-20-2013, 10:49 AM
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Default Re: Do Corporations pay less toward our goverment Revenue?

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Originally Posted by saltwn View Post
I'm asking how our government should be funded and is it fair/why or why not
Implicit in this observation is the tacit assumption that mere "corporations" might be required to pay anything at all in taxes.

In fact, corporations may not be required to do anything more than collect taxes for the government--not actually "pay" taxes from their corporate coffers. And that, of course, is because those taxes that they send to the government may (easily enough) be passed along to the consumer, in the form of higher prices...
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Old 10-20-2013, 10:56 AM
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Default Re: Do Corporations pay less toward our goverment Revenue?

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Originally Posted by pjohns View Post
Implicit in this observation is the tacit assumption that mere "corporations" might be required to pay anything at all in taxes.

In fact, corporations may not be required to do anything more than collect taxes for the government--not actually "pay" taxes from their corporate coffers. And that, of course, is because those taxes that they send to the government may (easily enough) be passed along to the consumer, in the form of higher prices...
we've established higher prices have not much to do anymore with anything really but a corporate plan to increase stock holder share at any cost w/o other rhyme or reason.
On the other hand, aren't corporations citizens and therefore responsible as well as privileged?
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Old 10-21-2013, 12:49 AM
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Default Re: Do Corporations pay less toward our goverment Revenue?

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we've established higher prices have not much to do anymore with anything really but a corporate plan to increase stock holder share at any cost w/o other rhyme or reason.
I think that is just another way of noting that publicly held companies usually defer to the best interests of their shareholders, rather than to the best interests of the general public; which strikes me as being rational enough.

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Originally Posted by saltwn View Post
On the other hand, aren't corporations citizens and therefore responsible as well as privileged?
Presumably, this is an oblique reference to the 2010 SCOTUS case, Citizens United v. Federal Election Commission.

Regardless, neither corporations nor individual citizens (in the usual sense of that term) should be considered to havy any legal "responsib[ility]" toward others, in a free society...
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Old 10-21-2013, 10:32 AM
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Default Re: Do Corporations pay less toward our goverment Revenue?

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we've established higher prices have not much to do anymore with anything really but a corporate plan to increase stock holder share at any cost w/o other rhyme or reason.
On the other hand, aren't corporations citizens and therefore responsible as well as privileged?
The dumbassery associated with calling corporations citizens is not lost on anyone with a brain. Until they can vote, they aren't citizens. You demand that they pay taxes, but would deny them any voice in how those taxes are assessed or spent. Those of us with IQs above average understand that when take away the voice of those you govern, they will eventually rebel and either fight against you or leave. A measure of common sense being applied which balances rights and responsibility is what is needed. Not the extreme swings that we are currently seeing where the right to have your voice heard can allow a corporation to have an inordinate amount of influence or swing to the other extreme where corporations get shut up to the point that they will actively support those who oppose the gov't or will pull up stakes and leave. Corporations are not citizens and I doubt that they ever will be. CU simply states that they have a voice, it goes too far in that it allows them more voice than they should have. But you would silence the corps. altogether and drive even more of them out of this country. Balance is what is needed, not more dumbassery.
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Old 10-29-2013, 08:11 AM
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Default Re: Do Corporations pay less toward our goverment Revenue?

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Originally Posted by Oftencold View Post
Huh?

Please explain how stealing more money from corporations would improve my lifestyle? I receive no Federal assistance, and such monies as you wish to have confiscated would be very unlikely to be spent in any rationally productive fashion.
Why do you consider taxation theft?
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