Messages

Forum Index : Politics : Messages Page 1 of 2  1 2  
Author: [Politics] Topic: Just heard on Hannity
cd329 send a private message View Space | Blog | Friends | Playbook |
cd329
Participation Meter
MVP
Joined: Mar 2004
Posts: 18264
Location: United States
#1
Posted: 12/9/2010 9:26:37 PM

that 66 percent of all us corporations pay zero income taxes.

Exxon Mobil pays zero taxes even thou they make around 40 billion a year in profits.  Thats friggin amazing.

Gee lets all feel sorry for these big corporations.  MAYBE WE SHOULD ALL SEND A FEW DOLLARS TO ALL THESE COMAPNIES.

Gotta love the people who defend these companies who pay jack garbage while the rest of us do the paying.

 

Unreal

quote
AcerRubrum
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
AcerRubrum
Participation Meter
Veteran
Joined: Feb 2010
Posts: 2098
Location:
#2
Posted: 12/9/2010 9:35:59 PM
quote
lordspoint send a private message View Space | Friends | Playbook |
lordspoint
Participation Meter
All-Star
Joined: Jun 2006
Posts: 13066
Location: Connecticut
#3
Posted: 12/9/2010 9:36:28 PM

close the loop holes so they cant get away with this unAmerican act

You're a US based company, pay your damn taxes

quote
cd329 send a private message View Space | Blog | Friends | Playbook |
cd329
Participation Meter
MVP
Joined: Mar 2004
Posts: 18264
Location: United States
#4
Posted: 12/9/2010 9:38:30 PM
QUOTE Originally Posted by lordspoint:

close the loop holes so they cant get away with this unAmerican act

You're a US based company, pay your damn taxes

 

exactly  Thats just plain disgusting

quote
cd329 send a private message View Space | Blog | Friends | Playbook |
cd329
Participation Meter
MVP
Joined: Mar 2004
Posts: 18264
Location: United States
#5
Posted: 12/9/2010 9:44:41 PM
oh by the way hannity just sat there and didnt say a word like the little girl that he is.
quote
blast75 send a private message View Space | Blog | Friends | Playbook |
blast75
Participation Meter
Banned
Joined: Jul 2010
Posts: 2391
Location: Maine
#6
Posted: 12/9/2010 10:05:54 PM
QUOTE

Originally Posted by cd329:

oh by the way hannity just sat there and didnt say a word like the little girl that he is.

What piece of garbage that guy is

quote
KOAJ send a private message View Space | Blog | Friends | Playbook |
KOAJ
Participation Meter
Covers Linesmen
Joined: Oct 2005
Posts: 66698
Location: New Jersey
#7
Posted: 12/9/2010 10:23:33 PM
the income tax is illegal and thievery

that being said, dont most of us take as many deductions as we can? if you or i was able to find enough legal deductions to reduce our taxable income to zero, would you do it?

i would
quote
tikitom send a private message View Space | Friends | Playbook | My Sportsbook: Pinnacle Sports |
tikitom
Participation Meter
Veteran
Joined: Sep 2006
Posts: 2110
Location: Georgia
#8
Posted: 12/9/2010 11:26:31 PM

How many dollars do the employees of this corporation provide the government?

How many dollars do the customers of this corporation provide the government every single time they purchase this corporations product?

If this "corporation" were forced to write the IRS a check for 1 trillion dollars today, where would this money come from? Would Steve Exxon pull the money out of his wallet? Would Suzy Exxon person herself out a trillion times at $1 each? OR would the prices of this corporation rise effectively passing this new burden on to the customers of this corporation? How would this new liability affect this corporations stock price and thus the value of countless retirement accounts invested in this corproration?

What tax would be acceptable punishment for this evil entity? This satan that provides thousands of jobs, fininancial security for millions, floods the federal coffers with revenue from multiple streams, all the while selfishly combing every nook and cranny of the planet for oil and then turns said oil into gasoline (the life blood of every economy on the planet) which it then makes available on every street corner in the civilized world for less than a gallon of Dasani or Evian?

quote
steveshane67 send a private message View Space | Friends | Playbook |
steveshane67
Participation Meter
Veteran
Joined: Jan 2010
Posts: 2062
Location:
#9
Posted: 12/9/2010 11:53:20 PM
this just in MSNBCs parent company GE did not pay income tax either.  how dare MSNBC not in effect pay taxes, how can they be allowed to broadcast at our expense!!!!!

and this goes back to the whole gas companies make too much money debate so lets tax them even more. which is obviously moronic bc 1) the govt takes more from gas than the companies make 2) the companies will simply pass the additional costs onto the consumer
quote
cd329 send a private message View Space | Blog | Friends | Playbook |
cd329
Participation Meter
MVP
Joined: Mar 2004
Posts: 18264
Location: United States
#10
Posted: 12/9/2010 11:59:31 PM
QUOTE

Originally Posted by steveshane67:

this just in MSNBCs parent company GE did not pay income tax either.  how dare MSNBC not in effect pay taxes, how can they be allowed to broadcast at our expense!!!!!

and this goes back to the whole gas companies make too much money debate so lets tax them even more. which is obviously moronic bc 1) the govt takes more from gas than the companies make 2) the companies will simply pass the additional costs onto the consumer


first off no company should get away without paying taxes, so stop trying to make this a republican -democrat thing.

secondly am so sick of hearing the arguement that they will pass the costs onto the consumer because that is complete bullshit. If the company raises prices then only people who truly can afford the product will now buy it and then when that happens the company will realize its better to lower the prices to get more people buying their product again.  So really stop defending the corporations, unless you happen to be the ceo of one.

quote
steveshane67 send a private message View Space | Friends | Playbook |
steveshane67
Participation Meter
Veteran
Joined: Jan 2010
Posts: 2062
Location:
#11
Posted: 12/10/2010 12:16:02 AM
QUOTE Originally Posted by cd329:


first off no company should get away without paying taxes, so stop trying to make this a republican -democrat thing.

secondly am so sick of hearing the arguement that they will pass the costs onto the consumer because that is complete bullshit. If the company raises prices then only people who truly can afford the product will now buy it and then when that happens the company will realize its better to lower the prices to get more people buying their product again.  So really stop defending the corporations, unless you happen to be the ceo of one.



talking about oil/gasoline is different than talking about shirts, for example.  oil prices are essentially monopolized, and kept artificially LOW bc of the USs relationship with saudi arabia.  on a quick side note, if oil stops being sold in dollars, the US is FUCKED, russia and iran already started selling it in rubles and whatever passes for currency in iran.

its more of pointing out the fallacious (no, that has nothing to do with your penis) argument than defending.

i will say i was unaware that many corporations pay no taxes, and i agree that its not right
quote
ApacheM send a private message View Space | Blog | Friends | Playbook |
ApacheM
Participation Meter
All-Star
Joined: Apr 2008
Posts: 14473
Location: Texas
#12
Posted: 12/11/2010 9:05:38 AM
QUOTE Originally Posted by cd329:

that 66 percent of all us corporations pay zero income taxes.

Exxon Mobil pays zero taxes even thou they make around 40 billion a year in profits.  Thats friggin amazing.

Gee lets all feel sorry for these big corporations.  MAYBE WE SHOULD ALL SEND A FEW DOLLARS TO ALL THESE COMAPNIES.

Gotta love the people who defend these companies who pay jack garbage while the rest of us do the paying.

 

Unreal

HOW many people work for Exxon worldwide and pay taxes ?????? Jobs, Jobs, and more Jobs that's what Exxon provides to the USA. Quit bitchin' about the LARGEST job contributors this country has, where would we be without them????BTW, the people who BUY the products, especially Gasoline, pay alot in taxes everytime they fill up. The REAL answer is for the GOVERNMENT to quit pissin' off the money.
quote
RichardA send a private message View Space | Friends | Playbook | My Sportsbook: Pinnacle Sports |
RichardA
Participation Meter
Banned
Joined: Jun 2010
Posts: 4324
Location: Costa Rica
#13
Posted: 12/11/2010 9:35:37 AM
QUOTE Originally Posted by cd329:


first off no company should get away without paying taxes, so stop trying to make this a republican -democrat thing.

secondly am so sick of hearing the arguement that they will pass the costs onto the consumer because that is complete bullshit. If the company raises prices then only people who truly can afford the product will now buy it and then when that happens the company will realize its better to lower the prices to get more people buying their product again.  So really stop defending the corporations, unless you happen to be the ceo of one.


fire-turd....BULLSHIT,plain and simple.....being the uneducated illiterate fool that you are, and being the highly educated prudent person that I am, let me educate you to this FACT:

Corporations only exist to make a profit, taxes take away some of that profit.

  IF companies don't make a profit...guess what dummy.... people don't have jobs!!!! and thus, can't pay the taxes so  that you CRIMINAL and LAZY fire-parasites and parasitic government workers can get FAT AND LAZY off of the hard working taxpayer..with your bloated salaries and BLOATED criminal pensions that are bankrupting tax-payers across the nation...

If I do not have a job, I can't buy any more guns. So why wouldn't I want MY company to reap more profit? And less taxes allows MY company to potentially pay me more in salary.

Since when did it become dishonorable to turn a profit???

The government produces NOTHING!!!

They get what they get for the little that they allegedly do...

quote
don juan
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook |
don juan
Participation Meter
Veteran
Joined: Jul 2001
Posts: 4858
Location: Florida
#14
Posted: 12/11/2010 9:47:53 AM
QUOTE Originally Posted by RichardA:


fire-turd....BULLSHIT,plain and simple.....being the uneducated illiterate fool that you are, and being the highly educated prudent person that I am, let me educate you to this FACT:

Corporations only exist to make a profit, taxes take away some of that profit.

  IF companies don't make a profit...guess what dummy.... people don't have jobs!!!! and thus, can't pay the taxes so  that you CRIMINAL and LAZY fire-parasites and parasitic government workers can get FAT AND LAZY off of the hard working taxpayer..with your bloated salaries and BLOATED criminal pensions that are bankrupting tax-payers across the nation...

If I do not have a job, I can't buy any more guns. So why wouldn't I want MY company to reap more profit? And less taxes allows MY company to potentially pay me more in salary.

Since when did it become dishonorable to turn a profit???

The government produces NOTHING!!!

They get what they get for the little that they allegedly do...



fire-turd....BULLSHIT,plain and simple.....being the uneducated illiterate fool that you are, and being the highly educated prudent person that I am, let me educate you to this FACT:

People only exist to make a profit, taxes take away some of that profit.

  IF People don't make a profit...guess what dummy.... Companies don't sell !!!! and thus, can't pay the taxes so  that you CRIMINAL and LAZY fire-parasites and parasitic government lobbists can get FAT AND LAZY off of the hard working taxpayer..with your bloated salaries and BLOATED criminal Bonuses that are bankrupting tax-payers across the nation...

If I do not have a Company, I can't buy any more guns. So why wouldn't I want MY people to reap more profit? And less taxes allows CEO to potentially pay me more in salary.

Since when did it become dishonorable to turn a profit???

The government produces NOTHING!!!

They get what they get for the little that they allegedly do...


quote
rick3117 send a private message View Space | Blog | Friends | Playbook |
rick3117
Participation Meter
All-Star
Joined: Mar 2006
Posts: 14275
Location:
#15
Posted: 12/11/2010 9:52:33 AM
quote
lordspoint send a private message View Space | Friends | Playbook |
lordspoint
Participation Meter
All-Star
Joined: Jun 2006
Posts: 13066
Location: Connecticut
#16
Posted: 12/11/2010 10:19:23 AM
QUOTE

Originally Posted by RichardA:


fire-turd....BULLSHIT,plain and simple.....being the uneducated illiterate fool that you are, and being the highly educated prudent person that I am, let me educate you to this FACT:

Corporations only exist to make a profit, taxes take away some of that profit.

  IF companies don't make a profit...guess what dummy.... people don't have jobs!!!! and thus, can't pay the taxes so  that you CRIMINAL and LAZY fire-parasites and parasitic government workers can get FAT AND LAZY off of the hard working taxpayer..with your bloated salaries and BLOATED criminal pensions that are bankrupting tax-payers across the nation...

If I do not have a job, I can't buy any more guns. So why wouldn't I want MY company to reap more profit? And less taxes allows MY company to potentially pay me more in salary.

Since when did it become dishonorable to turn a profit???

The government produces NOTHING!!!

They get what they get for the little that they allegedly do...

While I agree companies main function is to make a profit, companies just as citizens should pay taxes.....not at the current rate but taxes none the less. If we didnt have a strong military to protect our interest abroad perhaps Exxon/Mobil would not have the clout they do.

quote
lordspoint send a private message View Space | Friends | Playbook |
lordspoint
Participation Meter
All-Star
Joined: Jun 2006
Posts: 13066
Location: Connecticut
#17
Posted: 12/11/2010 10:20:32 AM
QUOTE

Originally Posted by KOAJ:

the income tax is illegal and thievery

that being said, dont most of us take as many deductions as we can? if you or i was able to find enough legal deductions to reduce our taxable income to zero, would you do it?

i would

yep, I take as many as I can as well. I dont fault them for that. Change the tax code and close loop holes. Tax at reasonable rates

quote
thirdperson
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook |
thirdperson
Participation Meter
Veteran
Joined: Feb 2005
Posts: 1278
Location:
#18
Posted: 12/11/2010 9:21:29 PM

The myth is that corporations don't pay taxes.  Many corporations pay property tax and sale tax. Indirectly, income tax is collected from corporations thru their employees.  Overall, the richest minority pay for the majority of income taxes.   Legally, corporations are entitled to not pay income tax if losses exceed gains.   Fair enough.

quote
cd329 send a private message View Space | Blog | Friends | Playbook |
cd329
Participation Meter
MVP
Joined: Mar 2004
Posts: 18264
Location: United States
#19
Posted: 12/11/2010 9:45:17 PM
QUOTE Originally Posted by thirdperson:

The myth is that corporations don't pay taxes.  Many corporations pay property tax and sale tax. Indirectly, income tax is collected from corporations thru their employees.  Overall, the richest minority pay for the majority of income taxes.   Legally, corporations are entitled to not pay income tax if losses exceed gains.   Fair enough.

 

exxon made 40 billion in profit lasy year and paid zero taxes as just one example of the companies which pay no taxes.

My wife owns a business and she has to pay taxes every year.

 

Time to end the loopholes for all these companies making massive profits.  Time for them to pay their fair share in taxes like the rest of us pay.

Also this logic that well they employ tons of people is pure garbage. Nobody is holding a gun to these companies heads and forcing them to stay in business, if they dont want to pay their fair share in taxes, close then.

40 billion and they pay zero, come on somethings for sure wrong with that picture.

quote
KOAJ send a private message View Space | Blog | Friends | Playbook |
KOAJ
Participation Meter
Covers Linesmen
Joined: Oct 2005
Posts: 66698
Location: New Jersey
#20
Posted: 12/11/2010 10:41:16 PM
QUOTE Originally Posted by cd329:

 

exxon made 40 billion in profit lasy year and paid zero taxes as just one example of the companies which pay no taxes.

My wife owns a business and she has to pay taxes every year.

 

Time to end the loopholes for all these companies making massive profits.  Time for them to pay their fair share in taxes like the rest of us pay.

Also this logic that well they employ tons of people is pure garbage. Nobody is holding a gun to these companies heads and forcing them to stay in business, if they dont want to pay their fair share in taxes, close then.

40 billion and they pay zero, come on somethings for sure wrong with that picture.



define fair share...30%? 35%. then theyr push those costs to you. feel like paying $4.00 a gallon of gas overnight? about a 30% hike the cost of goods you dont produce in your backyard

i dont think you want those businesses closed. i think what you want is fairness in the tax code. they only time you will have fairness is when you take away the politicians ability to manipulate the tax code for professional gain. eliminate the income tax on persons and corporations and you end this class warfare madness

dont forget...business is playing by the rules government set for it. did business buy favors and favorable accounting procedures? sure did

see how this circles back? blame business all you want but they are playing by the rules...they rules they paid to have written
quote
SarasotaSlim send a private message View Space | Blog | Friends | Playbook |
SarasotaSlim
Participation Meter
Hall of Fame
Joined: Jan 2007
Posts: 21625
Location: United States
#21
Posted: 12/11/2010 11:15:29 PM

Exxon did not record paying any taxes in the US and it was legal ... within the extent of law ..(net operating loss carry fowards).  Corps have a choice of tax credit or deduction against the US taxes...

According to a report by the Government Accountability Office (GAO), 2008, two out of three US companies paid no federal income taxes from 1998 through 2005. The report had covered 1.3 million corporations in the US with collective sales of $2.5 trillion.

If seem fairCd329 .. but Congress are the ones that make the tax laws not Exxon...and maybe look into getting a better accountant for the wife...you are not doing her taxes for her are you ?

quote
SarasotaSlim send a private message View Space | Blog | Friends | Playbook |
SarasotaSlim
Participation Meter
Hall of Fame
Joined: Jan 2007
Posts: 21625
Location: United States
#22
Posted: 12/11/2010 11:32:56 PM
KOAJ is right Exxon Mobil spent 27 million on lobbying in 2009 alone....a Presidential election year..follow the money.. 
quote
cd329 send a private message View Space | Blog | Friends | Playbook |
cd329
Participation Meter
MVP
Joined: Mar 2004
Posts: 18264
Location: United States
#23
Posted: 12/11/2010 11:46:57 PM
QUOTE

Originally Posted by KOAJ:



define fair share...30%? 35%. then theyr push those costs to you. feel like paying $4.00 a gallon of gas overnight? about a 30% hike the cost of goods you dont produce in your backyard

i dont think you want those businesses closed. i think what you want is fairness in the tax code. they only time you will have fairness is when you take away the politicians ability to manipulate the tax code for professional gain. eliminate the income tax on persons and corporations and you end this class warfare madness

dont forget...business is playing by the rules government set for it. did business buy favors and favorable accounting procedures? sure did

see how this circles back? blame business all you want but they are playing by the rules...they rules they paid to have written

 

First off if the company made 40 billion in profits, why would they push the cost onto all of us? So what your saying is companies have to make crazy profits or else they raise the prices on us?  thats friggin insane.  I dont know what the percentages should be for them to get taxed, but come on if a company makes 40 billion they should have to pay some taxes, hows about 10 percent, would that be so on fair?  These companies are ripping all of us who pay our taxes and you should be made as hell about it. yes i know its the govts fault, and thats because all the politicians are in bed with the companies, thats why the politicans want the tax cuts for their rich buddies.

Now going back to your point, that companies will raise their prices and pass it on to us, well then people who cant afford their product no more wont buy it then, this in turn will either make the company lower their prices or new companies will be formed with better prices.

Any way you cut it, if a company doesnt lose money and makes a profit they should be paying taxes on that profit, the same way all of us pay our taxes.

quote
cd329 send a private message View Space | Blog | Friends | Playbook |
cd329
Participation Meter
MVP
Joined: Mar 2004
Posts: 18264
Location: United States
#24
Posted: 12/11/2010 11:49:29 PM
QUOTE Originally Posted by SarasotaSlim:

Exxon did not record paying any taxes in the US and it was legal ... within the extent of law ..(net operating loss carry fowards).  Corps have a choice of tax credit or deduction against the US taxes...

According to a report by the Government Accountability Office (GAO), 2008, two out of three US companies paid no federal income taxes from 1998 through 2005. The report had covered 1.3 million corporations in the US with collective sales of $2.5 trillion.

If seem fairCd329 .. but Congress are the ones that make the tax laws not Exxon...and maybe look into getting a better accountant for the wife...you are not doing her taxes for her are you ?

 

top notch accountant does her taxes, but after all expenses are taken out, business makes a profit, which is a good thing.  So on that profit she has to pay taxes and exxon should have to pay taxes on their profits.

quote
SarasotaSlim send a private message View Space | Blog | Friends | Playbook |
SarasotaSlim
Participation Meter
Hall of Fame
Joined: Jan 2007
Posts: 21625
Location: United States
#25
Posted: 12/12/2010 12:24:06 AM

At least Exxon is not asking for a Government bailout...like AIG, or Citigroup, or GM and Chrysler or one of the big Wall Street outfits..

Exxon employs over 79,000 people... Taxes paid by Exxon employees accounts for Billions in Feredal tax revenues  ..and imposing punitive taxes on Exxon would only force them to shed a large percent of these employees...( adding more unemployment at a time when the rate is 9.7%) and remember the company has not done anything illegal ...

quote
Forum Index : Politics : Messages Page 1 of 2  1 2  
You have entered the forum as a GUEST. 
You must login/register to post or reply.