Hey Doc=60 Minutes tonight?
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Hey Doc=60 Minutes tonight?

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    Default Hey Doc=60 Minutes tonight?

    Did you get a chance to watch it,WOW!! what an education.It was about our corporations in the US who love the business here but have moved their Corporate Address,to I believe it was Switzerland to avoid the 35% tax here there are 600 corps.there with over 10,000 employees in their offices.GE is paying 2 1/2% Coke and Google are headquarterd there.All they have to do as in Coke move their secret receipe there and can claim residency.The list of Corps. avoiding taxes due here was sickening and there must be tax reform on these companies who want to do business here but do not want to play by the rules most other do.I hope you saw it as maybe can add to this.They interviewed one Corp.CEO and his response was any US Corp who is not there is Crazy. Where are our leaders when there are these obvious loopholes?

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    The use and abuse of tax loopholes is disgusting. Do you think any Republican would be willing to raise taxes on corporations? There needs to be a complete restructuring of the tax code to do away with all deductions and subsidies.
    Last edited by ram78d10; 03-27-2011 at 07:10 PM.

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    Quote Originally Posted by ram78d10 View Post
    The use and abuse of tax loopholes is disgusting. Do you think any Republican would be willing to raise taxes on corporations? There needs to be a complete restructuring of the tax code to do away with all deductions and subsidies.
    What, are you un-Amercian? Suggesting that these Capitalists actually pay taxes. Next thing you will suggest religeous "institutions" actually pay taxes. You must be a Socialist.

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    Billions not being collected...
    Popcorn is Life ...

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    Quote Originally Posted by shueman View Post
    80 Billion per year not being collected...
    This is completely unacceptable. The thing that pisses me off the most is that those corporations get rich off of America, because the freedoms in America, yet they feel no need to pay taxes in America.

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    Quote Originally Posted by RodnJen View Post
    What, are you un-Amercian? Suggesting that these Capitalists actually pay taxes. Next thing you will suggest religeous "institutions" actually pay taxes. You must be a Socialist.
    You liberals are such a joke. We all believe that everybody should pay tax's. But can you explaine to me why the leaders of the free market tax thier corperations higher than every country on the earth with exception of one ? That is why these corperations have left. Personally I think the tax codes should be thrown out and just a 18% tax on corperations. Zero income tax on people and a 18% national sales tax on everything from rent to shoes to movie rentals etc, etc.

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    Quote Originally Posted by AzMandella View Post
    You liberals are such a joke. We all believe that everybody should pay tax's. But can you explaine to me why the leaders of the free market tax thier corperations higher than every country on the earth with exception of one ? That is why these corperations have left. Personally I think the tax codes should be thrown out and just a 18% tax on corperations. Zero income tax on people and a 18% national sales tax on everything from rent to shoes to movie rentals etc, etc.
    Marvin while it is true the corporate income tax rate in the US is 35%, when you add in all the deductions, subsidies, etc, what's the tax rate then? I would be willing to bet it is a lot less than 35%. Like the guy said, the tax lawyers employed by these corporations find loopholes around new tax laws as soon as they are written. And you wonder why Zombie and I think these corporations are evil.

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    Quote Originally Posted by AzMandella View Post
    You liberals are such a joke. We all believe that everybody should pay tax's. But can you explaine to me why the leaders of the free market tax thier corperations higher than every country on the earth with exception of one ? That is why these corperations have left. Personally I think the tax codes should be thrown out and just a 18% tax on corperations. Zero income tax on people and a 18% national sales tax on everything from rent to shoes to movie rentals etc, etc.
    That just might work but it will never happen. Certainly not if republicans are in the Whitehouse. Good luck on getting all businesses to pay 18%. Or, did you just mean major corps. and not family-owned partnerships.

    I don't buy alot, 18% sales tax would make me pretty happy. I have probably paid more in taxes than many small business owners due to the tax breaks available to them. Before you start bitchng about workers comp, insurance and other expenses, there are other alternatives available to you, you just have to be a little more liberal in your thinking.

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    Senior Member AzMandella's Avatar
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    Quote Originally Posted by RodnJen View Post
    That just might work but it will never happen. Certainly not if republicans are in the Whitehouse. Good luck on getting all businesses to pay 18%. Or, did you just mean major corps. and not family-owned partnerships.

    I don't buy alot, 18% sales tax would make me pretty happy. I have probably paid more in taxes than many small business owners due to the tax breaks available to them. Before you start bitchng about workers comp, insurance and other expenses, there are other alternatives available to you, you just have to be a little more liberal in your thinking.
    Something nobody ever mentions is all the people who work under the table in this country who pay no tax's. Hell I wouldn't be suprised if the lost tax revenue from these people rivals the revenue lost to tax breaks for corperations. Hell even illeagals would have to pay. Funny you say the Rep would be the ones against this yet I have seen many Reps who want a flat tax or a usery tax. It seems it is the Dems who are against this as they are the ones who want the rich and corperations to pay the most in thier class warefare wealth distribution agenda.

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    Sorry about spending too much time with my family today to the point that most of the liberal/democrat/leftists felt the need to answer for me prior to my checking back in, but I'll always put my family first. Is that wrong?

    I'll answer with this, awaiting the trolls insidious attack, which will surely follow:

    Do we blame the players or the rules of the game?
    If the current tax code allows for loopholes that are not conducive to reasonable taxation across the board, do you blame the corporations for taking advantage of them or should we not blame the code which desperately needs to be changed?

    I personally take every deduction available to me and I suspect the rest of you do as well - despite what they may be willing to admit. I don't believe paying more than my fair share, according to the code, is American, I believe it's stupidity personified.

    That being said, as a business owner, I also take advantage of every available deduction (or loophole as non-business owners call them) when filing returns. Shouldn't all smart business owners do the same? Paying more than their fair share, again according to the code, is again not American it's still stupidity.

    Given the fact that corporations that make billion$ operating in America and pay little or no taxes, I'd say there is a very strong need to correct the code.

    Being conservative does not mean bowing to the corporations as our resident libs would have you believe. It means making complete sense of the relationship between government, citizens and business so a win-win-win situation is created.

    Government spending is so far beyond control that I would personally start there, then I would follow with a complete overhaul of our tax system, after, and only after, the government was stripped down to our bare necessities - not a thousand different agencies.

    I believe I have given you a fair and complete answer and I further believe it will be sufficient substance for the trolls to misinterpret, twist and spin as they do nearly everything else I post.
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    Wow. I think I made 100k last year and payed 250k in taxs. WTF over.
    No Fool Like A Old Fool is there?

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    Living in a cage of fear thatguy's Avatar
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    Quote Originally Posted by EVILFORCE View Post
    Wow. I think I made 100k last year and payed 250k in taxs. WTF over.
    Yeah, I still have a copy of the $86K check I wrote for 2008. That was AFTER quarterlies... (Fortunately (??) since 2008 I haven't had the income to worry about that again..)

    I think that the troll and his groupies need to bear in mind that the whole GE ordeal disgusts those here on the right also.
    And I don't care if it is a Dem or not in the WH, seeing the POTUS rubbing dicks with the guy is also disgusting.
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    Quote Originally Posted by ram78d10 View Post
    Marvin while it is true the corporate income tax rate in the US is 35%, when you add in all the deductions, subsidies, etc, what's the tax rate then? I would be willing to bet it is a lot less than 35%. Like the guy said, the tax lawyers employed by these corporations find loopholes around new tax laws as soon as they are written. And you wonder why Zombie and I think these corporations are evil.
    These loop holes you speak of....poorly written tax code? That for some reason, never gets corrected?
    The 'fix'seems easy....campaign contributions.....where they come from is the source of most of the problems...Union made used to be a product...now it's a snake in a $1K suit whose entire mission in life is to look like he is doing something for the people who elected him, when his real mission is to keep them fat contribution checks rolling in so he can keep his seat
    on the gravy train..
    A politician running for office is a race...All racers need to play by the same rules...I think there needs to be a cap on contributions...Every one running for office starts with the same bank...contributions that come from the people he intends to represent...and put a limit on the amount....and make it short money....See how well each candidate makes the best use of his limited funds..
    I bet tax loopholes might get plugged plenty quick without the evil corporate influence... The people who elected him won't let big corporations slide on taxes if it comes out of their pocket...
    And their needs to be a law covering exporting money...from fence jumpers sending money home and supporting the economy of a foreign country...to big corporations moving money out of country and storing it....bad enough we export half a trillion dollars a year, buying oil that we already have from people who support terrorists who's mission in life, is to wreck ours by any and every means possible...
    "A liberal paradise would be a place where everybody has
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    not, such a place does, indeed, exist: It's called prison."

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    Quote Originally Posted by Sold honda.bought hondo View Post
    These loop holes you speak of....poorly written tax code? That for some reason, never gets corrected?
    The 'fix'seems easy....campaign contributions.....where they come from is the source of most of the problems...Union made used to be a product...now it's a snake in a $1K suit whose entire mission in life is to look like he is doing something for the people who elected him, when his real mission is to keep them fat contribution checks rolling in so he can keep his seat
    on the gravy train..
    A politician running for office is a race...All racers need to play by the same rules...I think there needs to be a cap on contributions...Every one running for office starts with the same bank...contributions that come from the people he intends to represent...and put a limit on the amount....and make it short money....See how well each candidate makes the best use of his limited funds..
    I bet tax loopholes might get plugged plenty quick without the evil corporate influence... The people who elected him won't let big corporations slide on taxes if it comes out of their pocket...
    And their needs to be a law covering exporting money...from fence jumpers sending money home and supporting the economy of a foreign country...to big corporations moving money out of country and storing it....bad enough we export half a trillion dollars a year, buying oil that we already have from people who support terrorists who's mission in life, is to wreck ours by any and every means possible...

    Good points. If common good, common sense, and honesty was how our nation was run your suggestions would be in place. Too bad those three criteria are not very high in priorities anymore.

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