Your realism created a situation where you are defending those that do not represent your best economic interests... unless you are a millionaire...

Says you. My economic interests were doing just fine until the Left was allowed into my wallet.

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“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

Sorry Malabar, in terms of corporate income tax, you are wrong. CIT is taxed after calculations of revenue and expenses. Google an IRS 1120

 

I.e., it is taxed on before-tax profits. How does this make what I said wrong? The corporation raises it's before-tax profits to compensate for the taxes and keep the after-tax profits the same. It does that by raising prices.

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"Why should I give information to you when all you want to do is find something wrong with it?"

Realism vs idealism, but your ideal differs greatly from mine. Your"ought to be" is my "no way in hell should it be." I don't want things the way they are, but my preferred changes would be the opposite direction from yours

You want more money in politics? 

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You want more money in politics?

Sure, everyone should have freedom of expression. Who are you to say I/they shouldn't?

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“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

Sure, everyone should have freedom of expression. Who are you to say I/they shouldn't?

You want more money in politics and support corruption at all levels of government. Just so we are clear. 

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You want more money in politics and support corruption at all levels of government. Just so we are clear. 

He thinks the rich should be able to buy democracy if they want, presumably because poor people contribute nothing to society.

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I was wrong about Trent Baalke. 

I.e., it is taxed on before-tax profits. How does this make what I said wrong? The corporation raises it's before-tax profits to compensate for the taxes and keep the after-tax profits the same. It does that by raising prices.

Don't have time to explain it in detail... but just look at an 1120...


Mathematically, you can't get out of an income tax by simply raising the cost to the consumer. The revenue would just be taxed at that increased cost you dumped trying to get the tax back. It's easy to figure out if you just look at the form and think it through...


Looking at an income statement, ie profit/loss statement would show the same thing. You can Google those too.

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Says you. My economic interests were doing just fine until the Left was allowed into my wallet.

Dude, come on... income tax has been around a long time! It's not just liberals that are for taxation. Dude, even the founders were ok with taxation, so long as there is due process. That's the whole no taxation without representation thing was all about!


They weren't saying, no taxes. They were saying you can't tax with out due process!


Also, I'd surmise that the push for free trade and the fact that we no longer enforce anti trust laws have done more to affect your wallet than the amount of taxes that you are subject to.

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Sure, everyone should have freedom of expression. Who are you to say I/they shouldn't?

Lol! Money is not expression. Money is property.

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Lol! Money is not expression. Money is property.

This should be a fun conversation that ensures here. 

 

/grabs popcorn

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Lol! Money is not expression. Money is property.

 

And so you advocate government seizing/taking property to not only fund themselves, but distribute it to others.  Kim Jong Il did that starting back in the early '50's.  How has that worked out?

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There are 10 kinds of people in this world.  Those who understand binary and those who don't.

This should be a fun conversation that ensures here. 

 

/grabs popcorn

 

You did it wrong.  <grab_popcorn>grabs popcorn</grab_popcorn>.

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There are 10 kinds of people in this world.  Those who understand binary and those who don't.

And so you advocate government seizing/taking property to not only fund themselves, but distribute it to others. Kim Jong Il did that starting back in the early '50's. How has that worked out?

Taxation based on due process, which we have in 'murica is just fine. It's been happening since our inception.


But money should not shout down the power of votes. One person one vote. We are all equal on election day. But if money is now viewed as more powerful than a individual person's vote, then what type of country do we really live in?

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Taxation based on due process, which we have in 'murica is just fine. It's been happening since our inception.


But money should not shout down the power of votes. One person one vote. We are all equal on election day. But if money is now viewed as more powerful than a individual person's vote, then what type of country do we really live in?

 

Taxation based on due process?  Is it "due process" when someone works hard and achieves certain things is taxed more than someone that just does the "bare minimum" or less?

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There are 10 kinds of people in this world.  Those who understand binary and those who don't.

Taxation based on due process? Is it "due process" when someone works hard and achieves certain things is taxed more than someone that just does the "bare minimum" or less?

A. Yes, it is.


B. Your creating a rhetorical argument.

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A. Yes, it is.


B. Your creating a rhetorical argument.

 

First of all, a 'pet peeve" of mine is when people don't know or use proper grammar.  I'm guilty of it as well, but I try hard not to violate the "rules".  Please learn the difference between "your" and "you're".

 

Second of all, how is it a "rhetorical argument" when someone works hard and achieves a "higher income bracket" and is penalized by the imperial federal government for such considered "right"?  Seriously, I don't get people like you.  We don't and should not "take away" what people earn.  That kind of thing has been tried and has failed in the past.  What makes you think that it will work now?

 

Take a good look at North Korea.  Take a good look at Cuba.  Do we really want our economy and way of life slipping to that kind of standard?  that is exactly where people that think like you would have us end up.

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There are 10 kinds of people in this world.  Those who understand binary and those who don't.

Don't have time to explain it in detail... but just look at an 1120...


Mathematically, you can't get out of an income tax by simply raising the cost to the consumer. The revenue would just be taxed at that increased cost you dumped trying to get the tax back. It's easy to figure out if you just look at the form and think it through...


Looking at an income statement, ie profit/loss statement would show the same thing. You can Google those too.

 

I'm not saying a company can get out of paying an income tax increase. I'm saying that the additional tax is paid by the consumer when the company increases it's prices. The company keeps its after-tax profit margin.


 

Example: Widgets International makes $10M profit on the sale of widgets. It pays 30% tax or $3M. The stockholders split the remaining $7M. Now Uncle Sammy raises the tax to 40%. Widgets raises the price* to make $11,666,667 profit. Uncle Sammy takes 40% or $4,666,667. The remaining $7M is split among the stockholders. The people who purchased the widgets end up paying for the tax increase.


 

*Fortunately for Widgets International (and unfortunately for their customers) other manufacturers of widgets were also hit with a tax increase so were also forced to raise their prices to keep the stockholders happy.

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"Why should I give information to you when all you want to do is find something wrong with it?"

Taxation based on due process, which we have in 'murica is just fine. It's been happening since our inception.


But money should not shout down the power of votes. One person one vote. We are all equal on election day. But if money is now viewed as more powerful than a individual person's vote, then what type of country do we really live in?

 

1. Two wolves and a sheep vote on what's for dinner. Due process? Income tax has NOT been around since our inception. The US got along fine with tariffs and excise taxes for most of it's history. 


 

2. Money spent on campaign ads does not take away anyone's right to vote. Nor do those with the most money get extra votes. The Kochs and Soros each only get one vote.


 

If you are claiming that money used to buy politicians is the problem, then the root problem is that the government has too much power. Ideally, buying a politician should buy one nothing.

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"Why should I give information to you when all you want to do is find something wrong with it?"

1. Two wolves and a sheep vote on what's for dinner. Due process? Income tax has NOT been around since our inception. The US got along fine with tariffs and excise taxes for most of it's history.


2. Money spent on campaign ads does not take away anyone's right to vote. Nor do those with the most money get extra votes. The Kochs and Soros each only get one vote.


If you are claiming that money used to buy politicians is the problem, then the root problem is that the government has too much power. Ideally, buying a politician should buy one nothing.

It's like you're in my mind

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You want more money in politics and support corruption at all levels of government. Just so we are clear. 

 

You are saying that spending money on political campaigns is a corrupt practice and the government should be able to stop citizens from doing so in spite of First Amendment guarantees protecting political speech.

 

Just to be clear.

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“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato