Obama's Socialist Tax Reform

MuyLocoNC

MuyLocoNC

Well-Known Member
mame said:
Google had an effective tax rate of ~3% this year. GE, due to almost 4 billion in tax cuts, payed close to 17%.

So how is it fair that you are being taxed "just shy of 50%" of your earnings and multi billion dollar companies are not? tbh I think your assessment is off; I dont pay anywhere close to 50% of my income to taxes, closer to 35% overall I'd guess. I'll check out my records.
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I think I made it abundantly clear by breaking down my taxes in the very post you are replying to. Add up the percentages of my household income that I listed and it is a little bit above 49%. I didn't say just my FEDERAL taxes were just shy of 50%, I said the combined taxes were just shy of 50%.

I don't think it is fair that a CORPORATION that makes billions of dollars pays a lower rate than I do, but I don't think they should pay a higher percentage either. I love the idea of the Flat tax or even better, the Fair tax.
 
DrFever

DrFever

New Member
go to your boss and say i think your cmpany should pay more tax i am betting he will look at you and say ok and your the first to go and then many others will be gone and the end result more people unemployed
alot of people dont realize that training a employee, for his job safety all costs money they pulling it out of there ass ???? your in training yet there paying you?? should they ?? and not only are they payin lots of other things as well like WCB, isn't that kinda a tax and guess what if you get hurt my cost has nearly doubled wcb costs go up etc you think tax breaks ?? that comes into mind as tax breaks if i hire people, thats only way usa will ever recover is corporate companys sure not you remember your unemployed.
what most corporate companys pay in tax a year you wouldn't make in 10 years
you seem to forget when dodge and chevy were bankrupt why did you agree on bailing them out wouldnt you think theres enough new cars an poverty that hell just shut them down FORD isn't bankrupt but hey thats another story
but like most think corporate companys are crooks guess i should be like the rest and shut my doors sell my licenese over seas and have japan make it hell i can sit on a beach drinkin margarita's and enjoy life and laugh huh but guess what Nope i wont being usa has nearly sold out all of there machinery and out exports are nearly non exsistent but hey keep thinking the way you do
 
amaretsu

amaretsu

Member
wow its funny how i read this and everyone talks about money money money money money money money money tax my money take my money give some money etc... but what happened to just loving each other and understanding that money does not make us different it just divides us!!!! when we understand that we are all part of this great world and that we created the government, money, business, workers, profit, and even this thread to bitch at each other it will give us a better understanding about whats wrong with society and that is people are not taking responsibility for their actions we are putting the almighty dollar over the well being of our own selves!
 
canndo

canndo

Well-Known Member
amaretsu said:
wow its funny how i read this and everyone talks about money money money money money money money money tax my money take my money give some money etc... but what happened to just loving each other and understanding that money does not make us different it just divides us!!!! when we understand that we are all part of this great world and that we created the government, money, business, workers, profit, and even this thread to bitch at each other it will give us a better understanding about whats wrong with society and that is people are not taking responsibility for their actions we are putting the almighty dollar over the well being of our own selves!
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In the first year that love pays the rent, a small percentage of people will find themselves with an over abundance of love and a large percent of people will find themselves in very short supply.
 
Dan Kone

Dan Kone

Well-Known Member
NoDrama said:
GE will pay ZERO income tax, they got a $4.2 Million refund.
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Excellent. They are one of America's largest employers. I hope w extend that kind of treatment to other corporations that employ Americans too.

FWIW The USA has the highest corporate tax in the world, 35%
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I've always believed we should tax the income of the wealthy rather than have a high corporate tax rate. I'd love to see that rate drop to 5-10%.
 
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