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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 03-25-2022, 08:12 PM   #1
Ripmany
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Default Welfare for rich only

https://www.motorbiscuit.com/tesla-s...ernment-money/

I don't know any homeless guy getting $5.billiom wft
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Old 03-26-2022, 05:11 AM   #2
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That would be the Trump Corporate tax cut of 2018.
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Old 03-26-2022, 10:06 AM   #3
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Quote:
Originally Posted by adav8s28 View Post
That would be the Trump Corporate tax cut of 2018.
You realize corporations do not pay taxes, right? They simply pass that operating cost onto the customer.

Every Fortune 1000 company has entire legal departments dedicated to tax law and reducing the corporate tax burden by moving money between nations and sheltering it as they can.

Are you stupid enough to believe that any retailer doesn't calculate taxes into the profit margin in order to properly price their items?

Are you stupid enough to believe that when you pay $1019.99 for the lastest iphone that the corporate tax rate hasn't been allocated to the COGS?

When there is a corporate tax break, that reduces the Cost to the corporation, which they may pass on to the consumer. Many times they don't, they take that money and increase the payout to shareholders (which is taxed), or invest in business expansion (more jobs, more tax base)

Are you stupid enough to believe corporations pay taxes? They simply collect them from the consumer and present them to the IRS on their behalf.

Are you stupid enough to be a Democrat?
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Old 03-26-2022, 04:08 PM   #4
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It will be better tax the individual, but that not totally true as not all company make money so only the profit will pay corpart income tax.
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Old 03-26-2022, 06:57 PM   #5
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Quote:
Originally Posted by texassapper View Post
You realize corporations do not pay taxes, right? They simply pass that operating cost onto the customer.

Every Fortune 1000 company has entire legal departments dedicated to tax law and reducing the corporate tax burden by moving money between nations and sheltering it as they can.

Are you stupid enough to believe that any retailer doesn't calculate taxes into the profit margin in order to properly price their items?

Are you stupid enough to believe that when you pay $1019.99 for the lastest iphone that the corporate tax rate hasn't been allocated to the COGS?

When there is a corporate tax break, that reduces the Cost to the corporation, which they may pass on to the consumer. Many times they don't, they take that money and increase the payout to shareholders (which is taxed), or invest in business expansion (more jobs, more tax base)

Are you stupid enough to believe corporations pay taxes? They simply collect them from the consumer and present them to the IRS on their behalf.

Are you stupid enough to be a Democrat?
So Trump's tax trade war with China was paid for by consumers....tell that to lustylad and Tiny.
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