Incredible - No liberal bias, huh?

[scottw]

Originally Posted by zimmy

If I want news, I watch Colbert

this much is obvious

[zimmy]

Originally Posted by scottw

this much is obvious

You too smart for satire? Please contradict on of my points in more than 4 words and I can respond. Posting "unbelieveable" (sic) to my statement that the country has been the greatest for 400 years, without backing up what your beef with that is does not allow for any discussion. Maybe it makes you feel smart? I got no problem with the country being the greatest since the settlement at Jamestown in 1607. That is when the country was forming. You want to be technical go ahead, but back yourself up.

You want to argue whether corporations actually pay 35% tax rate, go ahead but back it up.
Actually say something, then

[RIJIMMY]

Originally Posted by zimmy

You too smart for satire? Please contradict on of my points in more than 4 words and I can respond. Posting "unbelieveable" (sic) to my statement that the country has been the greatest for 400 years, without backing up what your beef with that is does not allow for any discussion. Maybe it makes you feel smart? I got no problem with the country being the greatest since the settlement at Jamestown in 1607. That is when the country was forming. You want to be technical go ahead, but back yourself up.

You want to argue whether corporations actually pay 35% tax rate, go ahead but back it up.
Actually say something, then

Jamestown was a British colony. As far as "great"they basically starved and barely made an existence. The 13 colonies would have never survived without the support of the British crown and British $.
Even the declaration of independence did not form our country, We were 13 independent colonies until the states ratified the US Constitution.

As far as tax rates, see attached. Realize this is only fed tax, not state and not employment tax. I bet that bumps the rate up to over 50%.

The Tax Foundation - Corporate Income Tax Rates Around the World

[zimmy]

Originally Posted by RIJIMMY

Jamestown was a British colony. As far as "great"they basically starved and barely made an existence. The 13 colonies would have never survived without the support of the British crown and British $.
Even the declaration of independence did not form our country, We were 13 independent colonies until the states ratified the US Constitution.

As far as tax rates, see attached. Realize this is only fed tax, not state and not employment tax. I bet that bumps the rate up to over 50%.

The Tax Foundation - Corporate Income Tax Rates Around the World

Then you don't believe that the principles that brought people here are the basis of our country and the roots of our country lead back to Jamestown, I can't argue with that. Technically, the country started when the constitution was ratified, yes. Alot of work and hardship lead up to that point. i think the hardship, sacrifices, and progress prior to the ratification of the constitution count.

[RIJIMMY]

Originally Posted by zimmy

Then you don't believe that the principles that brought people here are the basis of our country and the roots of our country lead back to Jamestown

what brought people here was $.
Furs, sugar, tobacco, slaves. Principles had nothing to do with it.You need to learn your history.

[zimmy]

Originally Posted by RIJIMMY

what brought people here was $.
Furs, sugar, tobacco, slaves. Principles had nothing to do with it.You need to learn your history.

Ok, discredit the origins of our country. You said it, not me. Also, your coverage of history is pretty narrow with that statement.

This is from your link. I believe the last sentence sums it up.

"The lesson? Statutory average tax rates often differ substantially from effective rates. Even within countries, companies commonly face widely disparate effective tax rates based on location, industry, income—and whether lawmakers view them as worthy of special preferences or deserving of penalties."

[RIJIMMY]

Originally Posted by zimmy

Ok, discredit the origins of our country. You said it, not me. Also, your coverage of history is pretty narrow with that statement.

This is from your link. I believe the last sentence sums it up.

"The lesson? Statutory average tax rates often differ substantially from effective rates. Even within countries, companies commonly face widely disparate effective tax rates based on location, industry, income—and whether lawmakers view them as worthy of special preferences or deserving of penalties."

ok genius, your time for "facts". you tell me what principles brought people to Jamestown. please educate me.

[zimmy]

Originally Posted by RIJIMMY

what brought people here was $.
Furs, sugar, tobacco, slaves. Principles had nothing to do with it.You need to learn your history.

point 1

[zimmy]

Originally Posted by zimmy

Then you don't believe that the principles that brought people here are the basis of our country and the roots of our country lead back to Jamestown, I can't argue with that.

Compound sentence genius. Your private school ed. was a waste of money. The principles that brought people here are the basis of our country. The countries roots lead back to Jamestown. You can try to distort, but it don'w work.

[zimmy]

Originally Posted by RIJIMMY

The Tax Foundation - Corporate Income Tax Rates Around the World

The website doesn't really add anything new to the conversation. It does not show actual percentage paid by a particular corporation after tax exemptions and deductions. For example, just because a person's federal tax rate is 28%, that doesn't mean they pay 28% straight up. That number is affected by child tax credits, mortgage deductions, college interest deductions etc. 28% is the starting point. Take 10 people and they all end up at a different %. For corportations 35% (39 in the data on the website) is the start. Many corporations have been found to pay as low as 5-10% for fed, not 35% even though they are in that bracket. That is why it isn't clear cut what the 35% (39) tax rate means in real numbers. That is why those websites are not really useful. Add state and local rates and it gets more confusing, especially since there are exemptions and deductions on every level.

[scottw]

Originally Posted by zimmy

You too smart for satire? Please contradict on of my points in more than 4 words and I can respond. Actually say something, then

satire is what you call it?...you have yet to make an intelligent point, it's not me, or being too smart or not........it's you

[zimmy]

Originally Posted by scottw

satire is what you call it?...you have yet to make an intelligent point, it's not me, or being too smart or not........it's you

colbert is satire. That is what anyone would call it. Try to keep up

[zimmy]

Originally Posted by scottw

satire is what you call it?...you have yet to make an intelligent point, it's not me, or being too smart or not........it's you

I am waiting for you to say something of content. RIJimmy I could at least sit around and have a good discussion with since he actually makes points. You don't say anything? Oh yeah, except that Colbert isn't satire and I don't make intelligent points. At least I am making points. Tell what is wrong with my points on the tax rate for business? You don't like that I didn't say 224 years since we ratified the constitution. Ok, you are right. What came before that was not actually the United States. What about corporate taxes? What else you have to say.

[scottw]

Originally Posted by zimmy

You don't say anything? Oh yeah, except that Colbert isn't satire .

I said this when?...you constantly create your own narrative just making things up as you go along what's the point

[JohnR]

Wow, this was fun playing catchup - now gotta go back to work.

BTW - who screwed up the quotes?

[Piscator]

Originally Posted by zimmy

I am waiting for you to say something of content. RIJimmy I could at least sit around and have a good discussion with since he actually makes points. You don't say anything? Oh yeah, except that Colbert isn't satire and I don't make intelligent points. At least I am making points. Tell what is wrong with my points on the tax rate for business? You don't like that I didn't say 224 years since we ratified the constitution. Ok, you are right. What came before that was not actually the United States. What about corporate taxes? What else you have to say.

Corporate taxes have a lot of arguments that go both ways. One could argue the following points for the government giving corporations a tax break:
Increased corporate taxes could reduce corporate revenue to a point that stock performance would suffer, that would reduce capital gains taxes collected by the government.
Earnings would be reduced and corporations would then increase prices in which place the consumer would pay higher prices.
Corporations would cut costs in the form of jobs to offset the additional taxes they have to pay.

The list could go on and on. I'm not saying a company like GE shouldn’t be paying their fair share of taxes. I'm just saying there is a lot involved here. Much of it is way beyond my knowledge.

I guess fundamentally I think differently. To me the answer isn’t who can we tax or where can we find more tax money. My thoughts are, let’s cut all the waste and frivolous spending going on right now. Taxes are like a drug to our Government and when they need money, they look at increased taxes before anything else. They need to look in the mirror and cut the fat. Like I said, taxes to are like a drug and our government (or most parts of it) are addicted