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12-16-2019, 03:09 PM
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#1
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Top 400 Corporations pay 11.3% tax rate...could that be a factor of the oncoming Trillion dollar deficits!🤔
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12-16-2019, 03:11 PM
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#2
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BANNED
Join Date: Jun 5, 2017
Location: austin
Posts: 22,563
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snick
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Quote
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12-16-2019, 03:14 PM
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#3
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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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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12-16-2019, 03:31 PM
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#4
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Valued Poster
Join Date: Mar 31, 2010
Location: Houston
Posts: 15,054
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Quote:
Originally Posted by WTF
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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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12-16-2019, 03:35 PM
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#5
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AKA Admiral Waco Kid
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 36,425
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Quote:
Originally Posted by WTF
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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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12-16-2019, 04:47 PM
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#6
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by Jackie S
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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Somebody gotta pay for Trumps farm welfare!
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| 1 user liked this post
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12-16-2019, 04:52 PM
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#7
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BANNED
Join Date: Jun 5, 2017
Location: austin
Posts: 22,563
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Quote:
Originally Posted by WTF
Somebody gotta pay for Trumps farm welfare!
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snick
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Quote
| 1 user liked this post
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12-16-2019, 05:28 PM
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#8
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Valued Poster
Join Date: Jan 27, 2018
Location: Back in Texas!
Posts: 7,196
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Quote:
Originally Posted by WTF
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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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| 1 user liked this post
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12-16-2019, 06:23 PM
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#9
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,060
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Quote:
Originally Posted by WTF
Somebody gotta pay for Trumps farm welfare!
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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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12-17-2019, 05:13 AM
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#10
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Valued Poster
Join Date: Jul 24, 2014
Location: Pittsburgh
Posts: 3,267
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Quote:
Originally Posted by WTF
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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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12-17-2019, 05:56 AM
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#11
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Valued Poster
Join Date: Jan 27, 2018
Location: Back in Texas!
Posts: 7,196
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Quote:
Originally Posted by eccielover
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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Yes it is and that spending will continue until we run out of the ability to create it so effortlessly.
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12-17-2019, 08:20 AM
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#12
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BANNED
Join Date: May 5, 2013
Location: Phnom Penh, Cambodia
Posts: 36,100
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Quote:
Originally Posted by friendly fred
Deficits don't matter and neither does the debt.
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Quote:
Originally Posted by friendly fred
Yes it is and that spending will continue until we run out of the ability to create it so effortlessly.
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Ha!
I think we are the only 2 guys here that believe both of these statements.
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| 1 user liked this post
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12-17-2019, 11:06 AM
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#13
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Valued Poster
Join Date: Jan 27, 2018
Location: Back in Texas!
Posts: 7,196
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Quote:
Originally Posted by Chung Tran
Ha!
I think we are the only 2 guys here that believe both of these statements.
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Now if we could only agree on AMP girls ages!
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12-17-2019, 02:53 PM
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#14
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BANNED
Join Date: Oct 7, 2019
Location: North
Posts: 3,942
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Quote:
Originally Posted by friendly fred
Now if we could only agree on AMP girls ages!
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LOLLING!
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12-17-2019, 11:13 PM
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#15
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Valued Poster
Join Date: Feb 5, 2010
Location: houston
Posts: 7,104
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Quote:
Originally Posted by friendly fred
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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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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