Tuesday, March 17, 2020

If Most American Corporations already pay no tax.. how does lowering their taxes increase Americas work force?

Alecia Kaehler: Thy pay no tax when they have no profit.They exist for the purpose to make profits later.Too bad that liberal are too dumb to understand capitalism, as perfectly examplified by this question.

Coleman Ocegueda: Why is George Soros hiding his wealth in Curaçao in the Netherlands Antilles, a Caribbean tax haven beyond U.S. regulation?http://www.undueinfluence.com/open_society_institu...

Olin Hallin: Let's try a few quotes from the article to get a bit better perspective:"During the eight-year period covered by the report, 72 percent of foreign-owned corporations went at least one year without owing taxes, and the same was true for 55 percent of domestic corporations""The report said about 80 percent of the companies studied paid no taxes because they didn't generate any profit after expenses. Money-losing companies can legitimately owe no tax"So, what you are saying is that due to the law that the democrats helped put in place and often sponsored! , that through the simple fact of no profit, some companies did not pay taxes for a year, is that correct? And that equates to paying no taxes whatsoever in what way? It seems to me the article is saying that in years where they made mosey they paid income taxes. Excuse me for being dense but isn't income tax intended to be a tax on profit?It sounds to me like you didn't read your own source. If my small business does not make a profit I owe no taxes on it either. However, like those corporations, I still collect and pay sales tax, FICA, SSI and a myriad of other taxes. In other words the premise of your argument is faulty. Were we to implement an income tax based on gross receipts or some such other item it would put still more businesses out of business and put more people into unemployment. Is that what you are trying to accomplish?...Show more

Curt Broadhead: You mean, like the liberal GOOGLE corporation?

Rosann Mccomb: They do pay taxes- the highest in the ! world!

Marco Stolarz: Who writes the Tax code?Congress.W! ho is in charge?Democrats.Who quotes from Ultra-Liberal blogs as truth?You do.Try and find a source that doesn't have the same credibility that you feel Fox news has....Show more

Clemente Schoeck: Corporations do pay taxes. They don't pay INCOME TAXES. Income taxes are levied on people who work for a salary. Corporations don't earn salaries.

Alise Rutgers: It doesn't.R-tards think that unAmerican unpatriotic companies will come back and this is all they have to do.They are going to be so surprised when they find out what they really want....Show more

Serena Doak: lowering taxes doesn't increase anything, but the amount of time it will take to get out of the hole we're in.I know people don't like it, but that's how it is. cutting spending can only slow down our losses, it can't stop or help us improve.

Mario Stricklan: It might result in an increase in profit marginthereby encouraging expansion.They then create more jobs to work their expanded oper! ation in order to generate more profit.

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