never want to pay taxes again?

[joshh]

Corporations don't pay taxes, only individuals do. Nice try though.

If you were to say very large corporations who give Congress money don't pay taxes then you'd be closer to the mark. "Corporations" absolutely pay taxes, specially if they are a small business.

[LBJefferies]

If you were to say very large corporations who give Congress money don't pay taxes then you'd be closer to the mark. "Corporations" absolutely pay taxes, specially if they are a small business.

Only living, breathing human beings can pay taxes. Taxes on corporations are just part of operating costs and are passed onto customers and employees in the form of higher priced goods/services and lower pay. Vedubin pays taxes because he is an employee of his business. GE doesn't pay a dime in taxes whether the tax rate is 99% or 0%. Corporate taxes are just another tax on the average joe.

[mrsleeve]

Only living, breathing human beings can pay taxes. Taxes on corporations are just part of operating costs and are passed onto customers and employees in the form of higher priced goods/services and lower pay. Vedubin pays taxes because he is an employee of his business. GE doesn't pay a dime in taxes whether the tax rate is 99% or 0%. Corporate taxes are just another tax on the average joe.

And now hes starting to get it

[joshh]

And now hes starting to get it

Except he's speaking in semantics. People own corporations. People pay taxes to keep their corporations operating. The money they make from the corporation is paid to them and they pay taxes. Saying corporations don't pay taxes is nonsense.

[e30e]

Most corporations are publicly traded, which throws a big wrench in your line of thinking of "people"

[LBJefferies]

Except he's speaking in semantics. People own corporations. People pay taxes to keep their corporations operating. The money they make from the corporation is paid to them and they pay taxes. Saying corporations don't pay taxes is nonsense.

Haha, speaking in semantics? I hope so.

What I am trying to say is that tons of people in this country seem to think of corporations as some evil creature sucking up money and squandering it. But this is nonsense. Corporations are made up of shareholders, employees and customers which could be you, your mom, your neighbor, your boss, anybody really. When corporations are taxed, economic principles kick in. Employees are given pay cuts, or laid off. Goods and services become more expensive for the customer. And the price of shares drop and dividends are decreased for shareholders.

So, all these ass hole libtards bitching and moaning about how the big bad money sucking General Electric monster isn't paying taxes, are really just complaining that themselves, their moms and their neighbors aren't taxed more.

I wonder how many of them have GE dishwashers in their houses?

[mrsleeve]

Except he's speaking in semantics. People own corporations. People pay taxes to keep their corporations operating. The money they make from the corporation is paid to them and they pay taxes. Saying corporations don't pay taxes is nonsense.

well yeah we all know that, but the realization that taxes on Corporations are treated as a line item on the operations expense sheets, and there for passed on to the customer as part of the final price is more to what I was getting at.

I hope more dots that come with that Epiphany have or will soon be connected, and he will begin to point the blame for this kinda thing in the proper direction.

[LBJefferies]

well yeah we all know that, but the realization that taxes on Corporations are treated as a line item on the operations expense sheets, and there for passed on to the customer as part of the final price is more to what I was getting at.

I hope more dots that come with that Epiphany have or will soon be connected, and he will begin to point the blame for this kinda thing in the proper direction.

What direction are you speaking of?

Corporations are collections of people and Government is a collection of corporations. Government, corporations and people are all to blame.

[joshh]

well yeah we all know that, but the realization that taxes on Corporations are treated as a line item on the operations expense sheets, and there for passed on to the customer as part of the final price is more to what I was getting at.

I hope more dots that come with that Epiphany have or will soon be connected, and he will begin to point the blame for this kinda thing in the proper direction.

I was simply pointing out that it's not that simple is all.

What direction are you speaking of?

Corporations are collections of people and Government is a collection of corporations. Government, corporations and people are all to blame.

How exactly is it corporations fault if they are simply taking advantage of Government Law and regulations? Or should I say, working around them.

[joshh]

Haha, speaking in semantics? I hope so.

What I am trying to say is that tons of people in this country seem to think of corporations as some evil creature sucking up money and squandering it. But this is nonsense. Corporations are made up of shareholders, employees and customers which could be you, your mom, your neighbor, your boss, anybody really. When corporations are taxed, economic principles kick in. Employees are given pay cuts, or laid off. Goods and services become more expensive for the customer. And the price of shares drop and dividends are decreased for shareholders.

So, all these ass hole libtards bitching and moaning about how the big bad money sucking General Electric monster isn't paying taxes, are really just complaining that themselves, their moms and their neighbors aren't taxed more.

I wonder how many of them have GE dishwashers in their houses?

Part of that I can't believe came from you.
I agree with that idea as long as the corporation isn't large enough to have a monopoly on a product and have artificially high prices.
And this is where I have an issue, Government working with business.

[BraveUlysses]

Most corporations are publicly traded, which throws a big wrench in your line of thinking of "people"

Well there is this unfortunate part of the equation: http://en.wikipedia.org/wiki/Corporate_personhood

[rwh11385]

Just read this, remembered this thread: http://www.ncpa.org/sub/dpd/index.php?Article_ID=21498

The percentage of U.S. corporations organized as nontaxable businesses has grown from about 24 percent in 1986 to about 69 percent as of 2008, according to the latest-available Internal Revenue Service data.

By some estimates, more than 60 percent of U.S. businesses with profits of $1 million are structured as pass-throughs

I know the media likes to attack one thing and drag its name through the mud.... because it gets people all excited and riled up, but anyone actually care to see if it is surprising really?

http://www.ctj.org/corporatetaxdodgers/CorporateTaxDodgersReport.pdf

Page 5:
Boeing, Honeywell, Duke Energy, Verizon, PNC, Eli Lilly, Marathon, Exxon Mobil, Goldman Sachs, Capital One, Heinz, HP, Fed-Ex, and Deere had at least one year in 2008-2010 that they didn't pay any taxes.

It's not like they "never pay taxes again" (ignorant thread title) but things come and go. A more simple (and lower rate) tax program would make more sense, but then politicians would have less things to talk about them doing to help "encourage business".

[Morrison]

It's interesting to see Verizon on that list since I don't recall seeing my cell phone bill reduced by that exact same amount the year they didn't have to pay tax. I recall seeing a list with Exxon Mobil on it before, but some of the others are news to me. Can we all agree that the end price to consumers is set by the supply vs. demand curve and not by the tax rate now?

[z31maniac]

https://www.fairtax.org

[rwh11385]

www.fairtax.org

But how are politicians going to afford misinforming ads if they don't get lobby money for making special tax breaks for their contributors... instead of you know, making decisions based on the overall health and good of the nation?