Attn: Dem's - You Can't Tax a Corporation

See prices going down yet?

We've had offshoring for 6 years... see prices going down yet?

Seems we're all up diarrhea creek without a paddle regardless of what happens. :shrug:

Tax cuts are supposed to lead to better jobs and higher pay, right?


:eyes:

Tax cuts are supposed to enrich the financial elite while the rest of us pay for it.

I mean, corporations never had to pay taxes at any point in US history, right :sarcasm:

No country has corporate taxes, either, right?

:rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl:

....tend to be "not long for this site".

Of course, that's just an observation.

right along with "I'm concerned"

If by troll you mean someone who's just trying to be disruptive. He freely admits voting for Shrub in 2000 and being an "ex-republican" He's been here since 2002, voted for Kerry in 2004, and will vote for Casey in 2006. There are a lot of democrats in Pennsylvania with politics quite similar to his. If he is a freeper, then he's certainly hiding his positions from them, because that sort of behaviour gets you banned in about 10 seconds on FR.

It makes his post look more like those in his comfort zone on FR.

.

Looks more like FR.

:popcorn: :popcorn:

:D

on mine!!

I'll get the beer. :beer: :beer: :beer: :beer:

Oh, great...that's all I need...stuff stuck between my teeth that burns my gums. :D

I just spit pop all over this one.

And many of them voted for Jim Gerlach.

Taxes only apply to profit. You raise prices, you lose business. Back in the 60s we had high taxes and low prices and high profits. The entities that pay taxes are those that have to admit to making money.

too dumb to have a company with that level of logic. I forgot, Republicans can't run shit. :rofl: :rofl: :rofl:

that's the only thing they CAN run...from both ends.

Corporate taxes encourage reinvestment into R&D. In general, during the last 60 years (the period I've studied), periods of high corporate taxes also had higher GDP growth.

Another way to look at it is as another way to tax The Predator Class. It used to be that the Middle Class paid taxes at a lower rate than The Rich. Now the Middle Class pay taxes (all combined taxes) at a rate much higher than even the super-wealthy - and that's confirmed by IRS stats.

until consumers will no longer "need" their products & services.

does feel like they're holding us hostage, though.

and this is one of them?

Hmm.

...to wear out a keyboard too fast.

:spray:

There goes my keyboard.

Marvel at my mindless idiocy and tacky font and condescending attitude.

must be "Hard Work".

Where did you get your info... from the Internets?

then they'll have more profits and, thus, pay more taxes. And the corporation across the street will cut costs and overhead and drive the first corporation out of business.

I'm thinking that you're...what, maybe seventeen years old?

You'll feel better.

Prices are set by the MARKET... not the company.

And who says consumers pay the taxes? They'll just demand more money where they work to offset higher prices.

Only in a free market are prices set by the market. In our market the rich spend millions to buy Washington. Hence the rich set the prices. Smarten up.

You must be saving post 89 for Gore's inauguration day. See you then!

...It's one of his favorite lessons. It's also a favorite of certain drunken freepers of my acquaintance.

Ponder this:

from "Wealth and Democracy" by Kevin Phillips

The declining share of the federal tax burden paid by corporations and the rising share represented by payroll taxes.

>>>>>>>>>>>>>>> (corporate taxes) >>>>>>> (payroll taxes) >>>>>>>>>
>>>>>>>>> (as a % of total receipts) >> (social security & medicare)

1950 >>>>>>>>>>>>>>>> 26.5% >>>>>>>>>>>>>>>>> 6.9% >>>>>>>>>

1960 >>>>>>>>>>>>>>>> 23.2% >>>>>>>>>>>>>>>>> 11.8% >>>>>>>>

1970 >>>>>>>>>>>>>>>> 17.0% >>>>>>>>>>>>>>>>> 18.2% >>>>>>>>

1980 >>>>>>>>>>>>>>>> 12.5% >>>>>>>>>>>>>>>>> 24.5% >>>>>>>>

1990 >>>>>>>>>>>>>>>> 9.1% >>>>>>>>>>>>>>>>>> 35.5% >>>>>>>>

2000 >>>>>>>>>>>>>>>> 10.2% >>>>>>>>>>>>>>>>> 31.1% >>>>>>>>

It's about time we put the corporations in their place before they bring the whole country down with their insatiable greed! It's about time Washington laid down some new rules that would regulate a corporation's practices and profit if need be AND if they don't like it then let them to move to another country and in so doing they can never again sell in this market.

Taxes are the price you pay for doing business in the greatest economy in the world (or was, before the Republicans got ahold of it). But, I'll tell you what, we'll make sure ALL corporations pay their taxes. We'll shut down offshore tax havens and we'll penalize businesses for outsourcing their manufacturing bases to countries that don't pay fair wages. And, unlike Bush, we will go after corporations that screw their stockholders.

:silly:

:sarcasm:

Lets say that we start to tax corporations more. The immediate effect of a tax incrase is that corporations now have to produce less because they can't afford to produce at the levels that they used to produce at. Therefore the suppply of their good decreases.

Now, here's where the economic variables come in. At this point more people want the good than the amount of the good that is being produced. If the demand is inelastic, meaning that consumers want or need that good and there are few if any alternatives, then corporations will indeed increase their prices because they know that they have more buyers than they have goods to sell so people will be willing to pay more.

If the good is elastic and consumers have alternatives, however, corporations will very marginally hike up the price of their goods or won't do it at all because they know that if prices are increased the demand for their good will shrink rapidly because consumers will just go find another alternative. Most goods that people purchase are elastic.

Also, the idea is that if we increase taxes it will presumably be used to make the standard of living for most Americans better. If done effectively, the increased standard of living will be of far greater benefit to most people than the slight increase in prices that they will have to pay for some goods.

Bottom line, prices are determined mostly by the law of demand, not by how much in taxes corporations have to pay.

Nonsense, prices won’t go up that much because of competition (assuming Bush hasn‘t given them permission to become a monopoly like in the telecom/cable/news sector). That’s more myth than fact - a scare tactic developed by corporations to circumvent having to help out the communities which give them so much.

No sense of irony, I take it?

:shrug:

Really sorry.

Society worked better before.

89 posts, and just now you're exposing yourself as a hostile, whiny, troll? What did your previous 87 posts consist of?
Photos of your cat, I bet.:popcorn:

If you raise prices you're likely to make less profit. That's how profit works together with the law of supply and demand. On the other hand, additional taxes can often be taken out of the overinflated executive salary budget, with no harm done to the market, the company overall, the employees or the investors.

Prices will still be driven by competition. Corporations will sucumb to competitive pressures. they should pay their fair share in taxes.

Economics 101 if you raise prices then you will cut the amount of your product which is demanded. Thus not all price increases can be passed on to consumers.

Here are some easy steps to folllow:

1. Incorporate in the Cayman Islands using a post office box as your official business address.
2. Purchase undervalued military supply companies.
3. Contact Dick Cheney for a $20 billion no-bid contract.
4. Deliver $1 billion worth of shoddy goods and services to the DoD.
5. List $18.9 billion on your tax form as "overhead expenses".
5. Funnel the $18.9 billion profit through the Cayman's account
6. Cash out and buy mansions and real estate in a "homestead" state like Florida or Texas.
7. Live out your billionaire life in a splendor rivaling that of a Roman emporer.

It's easy to dodge taxes and live well, when you do it Republican-style!