"No business of any size, from a Fortune 500 to a mom and pop shop to a freelancer living job to job, will pay more than 15% of their business income in taxes."
So big business will contribute less tax income than the average American citizen, tell me again how Trump is for the people and not another globalist?
Other urls found in this thread:
en.wikipedia.org
youtube.com
en.wikipedia.org
thinkprogress.org
thinkprogress.org
twitter.com
fuck off moose fucker
>lower taxes on corporations
>they come back to america
>more jobs for americans (LEGAL)
>this is bad for americans
liberal mental gymnastics :^)
>No business of any size, from a Fortune 500 to a mom and pop shop to a freelancer living job to job, will pay more than 15% of their business income in taxes
Middle class genocide, essentially.
Great argument, you burgers blindly follower Trump without any thought on his policies.
Why don't you go back to sucking dog dick you fucking leaf and leave the economics to the big guys
Exactly. I don't understand how this will help the average American
Yep, everything will get better if we just give more money to rich people.
>this is what Trumpkins actually believe.
Not an argument, burgerboy.
When Alberta cut its Corporate Tax back in the early 90's the influx of business large and small was so great the Alberta Provincial Govt ran a $10 billion dollar surplus in 1998 when oil hit $9.90 a barrel. Now the NDP is in charge, they hiked Corporate Tax on everybody and ran a $10 billion dollar deficit with oil averaging $40 a barrel.
I think the math there is pretty obvious, lower corporate taxes will stimulate the economy and will result in higher net tax revenues as companies around the world will once again want to be located in the US.
Even a retard leaf can't deny reality like that.
0/10 you insecure beaver bitch
you don't deserve the 0.02 USD you're getting per post lmfao
>contribute less
Seeing as they make BILLIONS more per anua than a "mom n' pop shop" common sense would dictate that 15% of that would be a larger number.
Please keep your stupidity in Canada and stop duty free shopping in my country.
Corporations already have tax havens and kickbacks, all it does is put more shekels in the 1% pockets.
>funding corporations = giving money to rich people
Holy fuck am I being trolled?
...
Is that Janez?
How is that common sense, this is effectively destroying the middle class, and creating a playing field were only multinational corporations can compete.
...
this. why dont we just let them stay in their tax havens? why would we want them to come back to america? stupid trumpkins tee hee :^)
> would rather be at the mercy of massive corporate cock than pay a little more on taxes
> thinks trickle down economics has ever benefited the general public
So it's either...
>cut taxes on the rich and hope they expand their businesses and come back to America because they aren't taxed as badly
or
>tax the fuck out of the rich and hope they don't leave America
I'm not a doctor but I think the first one has a better chance of success.
...
>want to reply seriously
>check flag
You almost got me there
>middle class companies paying less taxes is a middle class genocide
Ok champ
I'm totally a #hillbilly now
After all, she wants to raise taxes on the middle class, unlike Trump that old socialist cuck
>this made up tax plan
Nice chart leaf
Americans love their fairy tales about trickle down economics. Even trailer trash moms are convinced it will eventually come raining down, if you keep subsidizing corporations and lowering basic welfare long enough.
Alberta essentially dumped taxes, so businesses flocked there, making other states run tax deficits. Afterwards, the businesses left to another state that dumped taxes at the expense of neighbours. Great success story.
Make it illegal to do business in your country if they break the rules, then they would be forced to comply with your demands. Instead you burgers just want to assume the position and get fucked by another jew cock.
>flat tax
>complicated
you're definitely not a doctor
you're most likely a right wing retard
>big business will contribute less tax income than the average American citizen
... but the "average American citizen" contributes nothing...
>I Dont Understand Something So Its Bad: THE POST
>I think the math there is pretty obvious, lower corporate taxes will stimulate the economy and will result in higher net tax revenues as companies around the world will once again want to be located in the US.
Thanks for the 80s nostalgia.
It is pure bullshit. Tax rates were way higher in western countries prior to this bullshit and growth was either the same or better. The growth was also much more even, it didn't all go to the top.
There is no concrete data that backs up the supply side arguments. It has been a failure. Stop trying to peddle shit that doesn't work.
...
No, 15% would be pretty fair and more than what a lot of international corporations are paying now domiciled in places like Panama, Cayman, Bahamas, Luxumbourg, etc. They will move and pay higher Corp Tax as there are enormous cost savings being domiciled in the actual market you are selling into. Logistics, staff, legal, actual bricks and mortar all get cheaper as redundancy is reduced.
Most of the 0.001% (Billionaires) hate lower Corp Tax and other tax efficiencies as they are more interested in lobbying for a moat around their wealth than allowing competitors an equal shot at their market share. That's why most of the so called 1%ers you are so vigorously against fund, vote and lobby for leftist causes, including higher taxes on everybody (while they are already offshore).
This is a good troll. It doesn't take into account that the 99% doesn't even make $200k, so of course their bar is going to be tiny thanks to how the graph was made.
that's real actually
He spoke about corporations paying no more than ice dealers.
>those quints
>new new scenes since her Cosmid shoot
WHY FUCKING WHY
That graph proves nothing.
Explain how Clinton created 22 million jobs.
Do you know how percentages work?
But yea 15% is too high. No more than 1-3% would be ok I guess.
a flat tax rate sounds bad to you? you probably don't even pay taxes you commie cucks
They """pay""" around 1% in Luxembourg, no clue about the other places. 15%, as in Ireland few years ago, is considered remarkably low.
Why should (((multinational corporations))) be allowed to loot and plunder the american people dry? I'm not saying raise the income tax on individuals but corporations should be paying more income tax not less, "bu...bu...but they will leave my country" you really think they will leave your country if you impose sanctions on their goods and make it almost impossible to make a profit in america?
Drug dealers don't pay taxes though, hence why they're arrested on tax evasion ans racketeering charges when the DEA and FBI can't male narcotics offenses stick. The vast majority of "middle class" Americans get "tax returns" which is basically this:
-the government withholds a percentage of your money anually because they "might" need it
-they never need it
-money is rightfully returned to its owner, tax free
Most Americans pay very little to no Federal/State taxes. Factually speaking.
> Macromastic quints
I do. There is a reason we have progressive tax rates. But then, suggesting tax rates of 1-3% obviously means you do not even know how corporate tax rates are calculated.
"We're Going to raise taxes on the middle class" - Hillary Richbitch Clinton
Kill yourself faggot.
What did she do, cut her tits off?
I'm 21 and make about 60k a year, flat tax is great for individuals, but large corporations who do business in your country should be paying more.
Sounds like an attempt at trickle down economics, which doesn't work.
You're right, let's vote Hillary and keep all the illegals here so that unemployment stays high and the value of labor stays low while only people rich enough to use large amounts of illegal labor in their businesses actually profit off of it at all, while Hillary taxes the middle class into oblivion.
I know what tax returns are, but I doubt they account to almost hundred percent. Do you have some source on this?
Tax returns in Germany for average employees are 5-10% on average, at best.
>Explain how Clinton created 22 million jobs.
Not that I think right wing retards are capable of understand the sheer power of Democratic job creation.
en.wikipedia.org
Previously the top individual tax rate of 31% applied to all income over $51,900. The Act created a new bracket of 36% for income above $115,000, and 39.6% for income above $250,000.[2]
Previously, corporate income above $335,000 was taxed at 34%. The Act created new brackets of 35% for income from $10 million to $15 million, 38% for income from $15 million to $18.33 million, and 35% for income above $18.33 million.[3]
The 2.9% Medicare tax had previously been capped to apply to only the first $135,000 of income. The cap was removed.
Transportation fuels taxes were raised by 4.3 cents per gallon.
The portion of Social Security benefits subject to income taxes was raised from 50% to 85%.[4]
The phaseout of the personal exemption and the limit on itemized deductions were permanently extended.
The AMT tax rate was increased from 24% to tiered rates of 26% and 28%.[5]
Part IV Section 14131: Expansion of the Earned Income Tax Credit and added inflation adjustments.
I just know that taxation is theft. So get fucked statist.
so if this is still more than tax havens why exactly would they come back? when will you understand that globalism will not be ended through the electoral process?????
Praise Jesus, a person with common economic knowledge.
>but large corporations who do business in your country should be paying more.
Because you are a class envy bitch?
Nice meme. Try reading something other than Sup Forums.
>just make breaking the law illegal it will solve everything I swear
t. leaf
>Sounds like an attempt at trickle down economics, which doesn't work.
Only it does every time it is tried
You economic illiterate
Business and people have more money the hire more pay higher wages buy more goods and services it is simple really
Apparently supporting business = globalism.
You have to have some leniency with business or else they won't stay here / grow.
It's not a meme.
Taxation is literally theft. Well, technically it's more like robbery actually. ..
So the gov't got more money out of it. Now explain how that created jobs.
It works too well, it encourages business activity and capital formation and provides a baseload of jobs and employment. Even the Nordics with their hardcore leftist welfare state tax corporate at a much lower rate than they used too. They know they have two choices, some tax revenue and employment or none.
Clinton/Gore were riding the wave of Reagan/Bush's economy and a Gingrich Congress
Alberta isn't a state Du Schwuchtel.
Wonderful quints. Too bad you're retarded.
Nope, it doesn't work.
More like ten Holocausts at once.
Point taken, gist stays the same.
The rich pay 80% of the federal taxes in this country.
The income earners in the 55th percentile and below, as an average, pay in but get more back than they payed.
On the only merit of your argument the argument was invalid to begin with. We could instead talk about fiscal policy and deficits and trade and such but you're A FUCKING LEAF.
So how did that create 22 million jobs?
I'm talking about the corporation entity, not the individual, why should Monsanto be paying 15% ( more like 1% tax with loopholes" but the average american will be paying 25% or more? You burgers sure like to be schlonged by the (((international hyenas)))
>Not that I think right wing retards are capable of understand the sheer power of Democratic job creation.
No matter what I say, you're just going to keep trolling.
You put more money into the hands of poor working people, they spend it. It's called velocity of money, right wing retard.
youtube.com
The answers are all there. Not that I think you're intelligent enough to understand.
en.wikipedia.org
Republicans crash the economy.
Democrats fix it.
So cutting taxes on the super rich makes the US household shrink dramatically -- at a time when boomers retire and the national debt is high.
Good idea or bad idea?
Every single Province in Canada over the last 40 years that voted a hard left Govt into power complete with increased taxes and regulation suffered the same economic decline and paralysis. Its almost laughable that an NDP govt always equals the same thing + crap economy and massive deficits.
these retards are just going to keep asking this question because they're too fucking stupid to understand anything.
Remember to clean your fingers before putting them in your ear
thinkprogress.org
They tried it in Kansas and it didn't work at all, it left massive budget deficits.
>"trickle down economics"
This was never the intended purpose of lowering taxes.
When will this meme end?
...
>thinkprogress
>leaf
see
And then we told them the wealth would "trickle down"
Lol! Putting money into the hands of the dirty and stupid is what we call misallocation of capital. It begets nothing more than dysgenic clusterfuck and failed state. Keep bailing out losers and that's what you become - Cuba, Venezuela, 1989 Russia, 1989 China, Quebec.
> Be Burger
> Actually thinks trickle down economics works.
"bu...bu..bu...but "Muh (((Job creators)))"
Oh look, another chart leaving out pre-hoover republicans.
How convenient.
I would like to see proof of that.
Also, the economy is very often about the competence of the people in charge, not so much about their views.
Small businesses pay corporate taxes too you realize?
>mfw trickle down economics was a straw man created my liberals
>The economy is a zero sum game
>No matter what the government is entitled to and should be spending as much taxes as it can from larger corporations.
OK imagine like 40% of the budget is being payed by the "1%", and then they disappear. They lose their money, or offshore it or whatever. Now we're stuck with a huge deficit because the gov bloated itself on easy money. We should only concern ourself with essential projects and assume the gov will need to be supported by an impoverished middle class should anything "bad" happen to the economy. Everything else is just extra
The point has been made several times in this thread that there is relatively recent hard evidence to show that heavy tax cuts increase the economy in myriad ways. The post below yours for example explains how the current trend of the opposite stifled Canadian economy.
While our society is in a welfare trap and massively slashing federal budget I believe is not the immediate way to go we need to take steps which make small business and competition much more lucrative. Higher taxes at this point in time will only further cement the powers of large and multinationalist corps which have the mobility to shuffle their money around the world and dodge these taxes in the first place.
It says the employment rate dropped from 6% to 4% but rose again.
It sounds like he didn't do much at all that wasn't just the trends of the time. Plus NAFTA pretty much destroyed the working classes, desu.
The Ontario deficit has a lot to do with splitting up Ontario Hydro in the 90s, along with freezing hydro rates for 8+ years.
The price of power was frozen by Bob Rae in the early 90s, then Mike Harris kept it frozen until the late 90s. This is why we're paying so much for power now.
It also cost tens of billions of dollars for the taxpayers to pay for splitting up Ontario Hydro into Hydro One and OPG.
The gas plant scandal was a drop in the bucket. That was only $1.3 billion. The price to split up the companies, and the price of keeping power prices low in the 90s has cost Ontario tens upon tens of billions of dollars. Add up the interest and it still makes up the largest single cost of Ontario.
You know what your faggot graph proves
Roosevelt fucked the economy Ike inherited it then fixed it Kennedy/LBJ inherited a good economy and fucked it up nixon ford inherited a shit economy and fixed it, Carter inherited a good economy and fucked it up Reagan inherited a shit economy and fixed it Clinton inherited a good economy and fucked it up Bush inherited a shit economy fixed it and Obama inherited it and the next president will inherit a shit Obama economy
Also fuck off CTR shill hiding behind a Canadian proxy
Also
SAvaGE
>SAvaGE
SAvaGE
>SAvaGE
Kill yourself
your picture could be interpreted totally oppositely than the way you intend. All those figures under the republican column could actually correlate to actions/effects of actions of the fed in response to an inflationary output gap, which would correlate republican leadership to an economy above potential GDP.
It might be a biased source, but the hard facts are still there.
If all the kickbacks to the rich are so good, how come the middle class has continually become more marginalized and poor?
That's because all you've been doing is showing infographs. Even that wiki article doesn't say how they created jobs. Those jobs could just be from teh dotcom boom or any number of expanding industries.
It's a simple question you faggot.
SHOW ME THE JOBS.