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Go Back   ECCIE Worldwide > General Interest > The Political Forum
Reload this Page Top 400 Corporations pay 11.3% tax rate...could that be a factor of the oncoming Trillion dollar deficits!🤔
The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 12-16-2019, 03:09 PM   #1
WTF
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Default Top 400 Corporations pay 11.3% tax rate...could that be a factor of the oncoming Trillion dollar deficits!🤔
https://www.washingtonpost.com/busin...nt-trumps-law/
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Old 12-16-2019, 03:11 PM   #2
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snick
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Old 12-16-2019, 03:14 PM   #3
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Is this a new post or did you post it a year ago? My guess is you posted some form of it through the years.
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Old 12-16-2019, 03:31 PM   #4
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So.

They also furnish millions of jobs and produce the products that make the Country function.

My business, which is a corporation, has seen a substantial tax reduction. It allows us to buy better tooling, upgrade our equipment, and hire another man to train.

How evil.
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Old 12-16-2019, 03:35 PM   #5
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i own stock in about 20 of them. don't mess with my dividends!


BAHAHHAAAAAAAA


remember Obama raised the debt by 10 TRILLION. butt u knew that' right?


still won't comment on what part of the debt is the bad part. we'll wait ..
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Old 12-16-2019, 04:47 PM   #6
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So.

They also furnish millions of jobs and produce the products that make the Country function.

My business, which is a corporation, has seen a substantial tax reduction. It allows us to buy better tooling, upgrade our equipment, and hire another man to train.

How evil.

Somebody gotta pay for Trumps farm welfare!




.
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Old 12-16-2019, 04:52 PM   #7
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Somebody gotta pay for Trumps farm welfare!




.
snick
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Old 12-16-2019, 05:28 PM   #8
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If they pay the tax they legally owe but you cheat the system, who is the bad guy?

Deficits don't matter and neither does the debt.
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Old 12-16-2019, 06:23 PM   #9
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Somebody gotta pay for Trumps farm welfare!




.
But but but, Trump is keeping us out of senseless wars and drawing down our troops. I guess the vast military industrial complex are never Trumpers too!!!!
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Old 12-17-2019, 05:13 AM   #10
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Well, lets do some actual numbers here.

Figuring the 2017 to 2018 corporate revenue tax decrease of approximately $100 Billion(and that is narrowing between 2018 and 2019) against the Government spending of approximately $4 Trillion in spending, the change accounts for less than 2.5% of spending.

Revenues are not the problem. Spending is.
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Old 12-17-2019, 05:56 AM   #11
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Well, lets do some actual numbers here.

Figuring the 2017 to 2018 corporate revenue tax decrease of approximately $100 Billion(and that is narrowing between 2018 and 2019) against the Government spending of approximately $4 Trillion in spending, the change accounts for less than 2.5% of spending.

Revenues are not the problem. Spending is.
Yes it is and that spending will continue until we run out of the ability to create it so effortlessly.
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Old 12-17-2019, 08:20 AM   #12
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Deficits don't matter and neither does the debt.
Quote:
Originally Posted by friendly fred View Post
Yes it is and that spending will continue until we run out of the ability to create it so effortlessly.
Ha!

I think we are the only 2 guys here that believe both of these statements.
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Old 12-17-2019, 11:06 AM   #13
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Ha!

I think we are the only 2 guys here that believe both of these statements.
Now if we could only agree on AMP girls ages!
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Old 12-17-2019, 02:53 PM   #14
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Now if we could only agree on AMP girls ages!
LOLLING!
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Old 12-17-2019, 11:13 PM   #15
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Originally Posted by friendly fred View Post
If they pay the tax they legally owe but you cheat the system, who is the bad guy?

Deficits don't matter and neither does the debt.
What happen when there isn't enough money to pay just the interest on the debt nevermind the principle...that day is coming!!
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