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Joined: Oct 2004
Posts: 50,170 Likes: 2
Campfire Kahuna
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Campfire Kahuna
Joined: Oct 2004
Posts: 50,170 Likes: 2 |
It's all smoke and mirrors bullshit at this point. Nobody but the middle class REALLY pays taxes. Why do you think a Federal consumption (sales) tax can't get feet?
The only thing worse than a liberal is a liberal that thinks they're a conservative.
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Joined: Oct 2016
Posts: 4,354
Campfire Tracker
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Campfire Tracker
Joined: Oct 2016
Posts: 4,354 |
I don't think you understand just how much of the country California (and texas) subsidizes. California is the largest payer of federal tax by a considerable amount with Texas second and then it drops like a rock. Who do you think pays for every federal program in the middle of this country?
If it wasn't for CA, all of MT would be living in soddies still.
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Joined: Oct 2004
Posts: 50,170 Likes: 2
Campfire Kahuna
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Campfire Kahuna
Joined: Oct 2004
Posts: 50,170 Likes: 2 |
I don't think you understand just how much of the country California (and texas) subsidizes. California is the largest payer of federal tax by a considerable amount with Texas second and then it drops like a rock. Who do you think pays for every federal program in the middle of this country?
If it wasn't for CA, all of MT would be living in soddies still. Lol...Everybody wishes that an immigrant from California would buy the property next door....
The only thing worse than a liberal is a liberal that thinks they're a conservative.
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Joined: Jul 2011
Posts: 1,792
Campfire Regular
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Campfire Regular
Joined: Jul 2011
Posts: 1,792 |
Trouble is Corporations have not raised wages in 20 years to their empolyees. How ever management wages have gone into
the millions. Corporations have stuck the money in mattress. They have largest amount of cash ever recorded right now
and aren't spending it. So what will they do with more money? Probably buy back more stock, and not spend it. Or spend
it in some foreign country.
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Joined: Jan 2016
Posts: 96,073 Likes: 19
Campfire Oracle
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OP
Campfire Oracle
Joined: Jan 2016
Posts: 96,073 Likes: 19 |
Matt Schlapp of American Conservative Union and Republican on J Pirro just agreed with the opposing dimocrap spokesman when he said "Small businesses MAY get a small tax break" depending on their amount of losses from losing tax breaks.
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Mar 2006
Posts: 11,666
Campfire Outfitter
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Campfire Outfitter
Joined: Mar 2006
Posts: 11,666 |
Trouble is Corporations have not raised wages in 20 years to their empolyees. How ever management wages have gone into
the millions. Corporations have stuck the money in mattress. They have largest amount of cash ever recorded right now
and aren't spending it. So what will they do with more money? Probably buy back more stock, and not spend it. Or spend
it in some foreign country.
Jealousy is an ugly emotion.
Broncos are officially the worst team in the nation this year.
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Joined: Nov 2002
Posts: 33,805 Likes: 14
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,805 Likes: 14 |
The only ones going to benefit from lower corporations is Stock holders, and Corporations. Trickly down Theory is bogus.
Why have they not had hearings about the new tax law? Because the Republicans want to slide this thru without
the public knowing wants in the bill. That's why I don,t know whats in the bill because the Republicans are conceling
it. Why don,t they switch and make the middle class tax cut permanent and the corporate temporary. Cause the
Republicans don,t care about the middle class. If you make over $75,000 life is good. But it gets really good if
you make a lot more.
Whiner, $75k ain't much these days. You should be a stock holder, apparently.
Conduct is the best proof of character.
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Joined: Sep 2015
Posts: 596
Campfire Regular
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Campfire Regular
Joined: Sep 2015
Posts: 596 |
We really seem to have a problem here! Either the Democrats do not want to do some honest to goodness homework, or they are just plain unteachable. I'm born and raised in the center of dumbness known to the left coast and the Yankee's as the Deep South. But even us toothless, barefooted and inbred retards understand the simple truth, money in motion within the private sector raises all boats, with only one caveat. You have to be willing to work as hard as you can everyday!
The American Dream is free, the effort is sold separately.
Every successful person I've ever met wishes they had more hours in the day to work, every loser had one thing in common, they wish everybody would quit picking on them.
The losers talk all day long about how they would do this differently or do that differently, at the end of the day they were still sitting. They were dreaming all right, but they aren't willing to give the effort.
I see we have several dreamers on here.
The only thing I learned in school from my illiterate teachers that wasn't true was that the Continental Shelf would slide into the Pacific Ocean in my lifetime. I'm 56 and still waiting.
New York sucks, and the West Coast swallows.
I'll stick with Dixie!
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Joined: Jul 2011
Posts: 1,792
Campfire Regular
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Campfire Regular
Joined: Jul 2011
Posts: 1,792 |
I totally agree about hard work. But I will add That I have know Many Young people in the military and out. The vast majority
are vary hard working. Sure their are some who just don,t want to work, but 95% do which gives me lots of hope. You should
have seen them in combat in Iraq, They were wonderful. Us older leaders just told them what to do and they did it. I don,t
know about dreamers but the reality I saw made me feel very proud of the young people in this country. They do know about
hard work and do it every day.
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Joined: Dec 2003
Posts: 17,237 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Dec 2003
Posts: 17,237 Likes: 2 |
If corporations make more money they don't stuff it in a mattress. They expand. You see, that's the only thing that makes their stock go up.
If they expand they hire more people.
If they hire people they pay them wages.
What's wrong with paying people more wages?
Right now US corporations are stockpiling $5 trillion of money earned in other companies overseas, because of our non-competitive tax rates.
Do you want them to bring that back and invest it here or do you prefer China or Mexico?
And the word is "trickle," not "trickly." Or they do a stock buy back Or they pay a larger dividend to stockholders Or they give a bonus to executives. you want money back in play, give it to poor people. they run RIGHT out and put in the economy. You know who likes food stamps the most? People who own farms and people who own grocery stores. And they're not poor people.
...Actually Sycamore, you are sort of right....
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Joined: Mar 2008
Posts: 18,994
Campfire Ranger
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Campfire Ranger
Joined: Mar 2008
Posts: 18,994 |
It's all smoke and mirrors bullshit at this point. Nobody but the middle class REALLY pays taxes. Why do you think a Federal consumption (sales) tax can't get feet? "The Pew Center’s analysis of IRS data showed that in 2014, people with an adjusted gross income, or AGI, above $250,000 paid 51.6% of all individual income taxes, even though they accounted for only 2.7% of all returns filed. These “wealthy” individuals paid an average tax rate (total taxes paid divided by cumulative AGI) of 25.7%. By contrast, while people with adjusted gross incomes below $50,000 filed 62% of all individual returns in 2014, they paid only 5.7% of total taxes collected at an average tax rate of 4.3% per person." A federal consumption (sales) tax is called the Fair tax for a reason. Makes the most sense. Will not happen if we cannot even change or adjust the idiotic system we have now.
Leo of the Land of Dyr
NRA FOR LIFE
I MISS SARAH
“In Trump We Trust.” Right????
SOMEBODY please tell TRH that Netanyahu NEVER said "Once we squeeze all we can out of the United States, it can dry up and blow away."
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Joined: Jun 2006
Posts: 13,401
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2006
Posts: 13,401 |
Trouble is Corporations have not raised wages in 20 years to their empolyees. How ever management wages have gone into
the millions. Corporations have stuck the money in mattress. They have largest amount of cash ever recorded right now
and aren't spending it. So what will they do with more money? Probably buy back more stock, and not spend it. Or spend
it in some foreign country.
Your screen name should be Jon Snow. I happen to know a corporation that is on its third consecutive year of highest salary increases in its history. It continues to hire more employees and spend more money. All domestic spending.
“There are some who can live without wild things and some who cannot.”
ALDO LEOPOLD
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Joined: Jun 2005
Posts: 2,632
Campfire Regular
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Campfire Regular
Joined: Jun 2005
Posts: 2,632 |
Your screen name should be Jon Snow.
I happen to know a corporation that is on its third consecutive year of highest salary increases in its history. It continues to hire more employees and spend more money. All domestic spending.
Now, look at the 50.000 other companies who does not. Wages in the US have been stagnant for decades, while upper management is booming. It does not help "working harder" when everything flows to the top. The economy works MUCH better when everybody gets a piece of the pie.. Velocity of money is KEY!
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Joined: Jan 2002
Posts: 12,891 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 12,891 Likes: 5 |
Trouble is Corporations have not raised wages in 20 years to their empolyees. How ever management wages have gone into
the millions. Corporations have stuck the money in mattress. They have largest amount of cash ever recorded right now
and aren't spending it. So what will they do with more money? Probably buy back more stock, and not spend it. Or spend
it in some foreign country.
And WHY IS THAT? The answer: TAXES. A corporation pays 35% on it's income, and then the stock holder pays up to 39% tax on that dividend income. Think about that for a second. The Federal government gets 35% of all the profit of corporations in this country, and then 39% of the 65% that is left after that. I don't know about you, but that is screaming NUTS. If, on the other hand, the corporation buys back stock, at least the increased stock price is taxed at a capital gains rate, and the tax is deferred until the stock is sold. Any time the tax rules change the behavior of companies or individuals, the tax rules hurt the economy.
Sic Semper Tyrannis
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Joined: Mar 2001
Posts: 12,165
Campfire Outfitter
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Campfire Outfitter
Joined: Mar 2001
Posts: 12,165 |
It's all smoke and mirrors bullshit at this point. Nobody but the middle class REALLY pays taxes. Why do you think a Federal consumption (sales) tax can't get feet? "The Pew Center’s analysis of IRS data showed that in 2014, people with an adjusted gross income, or AGI, above $250,000 paid 51.6% of all individual income taxes, even though they accounted for only 2.7% of all returns filed. These “wealthy” individuals paid an average tax rate (total taxes paid divided by cumulative AGI) of 25.7%. By contrast, while people with adjusted gross incomes below $50,000 filed 62% of all individual returns in 2014, they paid only 5.7% of total taxes collected at an average tax rate of 4.3% per person. Someone with an AGI of $250,000 isn’t wealthy although the class warfare advocates wold have you believe they are. The truly wealthy usually have an AGI of $0 with their real money hidden behind trusts and foundations.
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Joined: Jan 2010
Posts: 981
Campfire Regular
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Campfire Regular
Joined: Jan 2010
Posts: 981 |
Just so the numbers are on the board and some think your subsidizing the idiots in California, here are the numbers. California is the 46 least dependent state on Federal Money. Is your state a higher number than 46 or lower? Then tell me your subsidizing California!
I read posts from those in Colorado, Montana and Texas?
Rank
(1 = Most Dependent)
State
Total Score
‘State Residents’ Dependency’ Rank
‘State Government’s Dependency’ Rank
1 Kentucky 76.16 6 5
2 Mississippi 75.59 7 1
3 New Mexico 73.88 3 17
4 Alabama 72.45 4 14
5 West Virginia 68.97 5 15
6 South Carolina 68.17 2 31
7 Montana 65.91 14 4
8 Tennessee 61.76 20 3
9 Maine 61.02 13 9
10 Indiana 59.18 7 23
11 Arizona 59.08 15 11
12 Louisiana 55.39 40 2
13 South Dakota 53.57 24 7
14 Missouri 52.66 31 6
15 Oregon 51.51 23 10
16 Georgia 49.81 34 8
17 Idaho 49.64 19 19
18 Vermont 49.56 18 20
19 Wyoming 48.80 26 12
20 Maryland 48.18 11 32
21 Oklahoma 47.78 21 18
22 Pennsylvania 46.15 17 30
23 Alaska 45.81 10 40
24 Rhode Island 45.05 36 16
25 Florida 43.84 27 22
26 Ohio 42.25 45 13
27 Arkansas 42.12 38 21
28 North Carolina 41.63 32 25
29 Hawaii 41.63 9 46
30 Iowa 41.38 33 26
31 Wisconsin 41.09 16 38
32 North Dakota 40.46 1 50
33 Michigan 40.43 35 27
34 New York 37.65 44 24
35 Texas 36.81 42 28
36 Washington 35.32 30 33
37 Colorado 35.20 29 34
38 Virginia 34.43 12 49
39 Nebraska 33.78 47 29
40 Utah 33.28 28 35
41 New Hampshire 31.11 37 36
42 Connecticut 27.80 22 48
43 Massachusetts 27.36 46 37
44 Nevada 26.94 25 47
45 Kansas 25.39 39 45
46 California 25.36 41 43
47 Illinois 23.96 48 41
48 New Jersey 23.84 49 39
49 Minnesota 23.09 43 44
50 Delaware 21.32 50 42
If your a leftist, whatever Donald Trump says or does, that pisses you off rest assured, I am a Happy Camper!
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Joined: Jan 2002
Posts: 12,891 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 12,891 Likes: 5 |
Those numbers are HEAVILY skewed by PILT and Indian affairs money in the case of Idaho.
Sic Semper Tyrannis
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Joined: Mar 2006
Posts: 11,666
Campfire Outfitter
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Campfire Outfitter
Joined: Mar 2006
Posts: 11,666 |
Just so the numbers are on the board and some think your subsidizing the idiots in California, here are the numbers. California is the 46 least dependent state on Federal Money. Is your state a higher number than 46 or lower? Then tell me your subsidizing California!
I read posts from those in Colorado, Montana and Texas?
Rank
(1 = Most Dependent)
State
Total Score
‘State Residents’ Dependency’ Rank
‘State Government’s Dependency’ Rank
1 Kentucky 76.16 6 5
2 Mississippi 75.59 7 1
3 New Mexico 73.88 3 17
4 Alabama 72.45 4 14
5 West Virginia 68.97 5 15
6 South Carolina 68.17 2 31
7 Montana 65.91 14 4
8 Tennessee 61.76 20 3
9 Maine 61.02 13 9
10 Indiana 59.18 7 23
11 Arizona 59.08 15 11
12 Louisiana 55.39 40 2
13 South Dakota 53.57 24 7
14 Missouri 52.66 31 6
15 Oregon 51.51 23 10
16 Georgia 49.81 34 8
17 Idaho 49.64 19 19
18 Vermont 49.56 18 20
19 Wyoming 48.80 26 12
20 Maryland 48.18 11 32
21 Oklahoma 47.78 21 18
22 Pennsylvania 46.15 17 30
23 Alaska 45.81 10 40
24 Rhode Island 45.05 36 16
25 Florida 43.84 27 22
26 Ohio 42.25 45 13
27 Arkansas 42.12 38 21
28 North Carolina 41.63 32 25
29 Hawaii 41.63 9 46
30 Iowa 41.38 33 26
31 Wisconsin 41.09 16 38
32 North Dakota 40.46 1 50
33 Michigan 40.43 35 27
34 New York 37.65 44 24
35 Texas 36.81 42 28
36 Washington 35.32 30 33
37 Colorado 35.20 29 34
38 Virginia 34.43 12 49
39 Nebraska 33.78 47 29
40 Utah 33.28 28 35
41 New Hampshire 31.11 37 36
42 Connecticut 27.80 22 48
43 Massachusetts 27.36 46 37
44 Nevada 26.94 25 47
45 Kansas 25.39 39 45
46 California 25.36 41 43
47 Illinois 23.96 48 41
48 New Jersey 23.84 49 39
49 Minnesota 23.09 43 44
50 Delaware 21.32 50 42
I still vote to cut out the cancer. How much nasty shiite have we endured that originated from the flakes in CA ?
Broncos are officially the worst team in the nation this year.
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Joined: Jan 2010
Posts: 981
Campfire Regular
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Campfire Regular
Joined: Jan 2010
Posts: 981 |
The Numbers are there. You can say a lot of [bleep] about California and be right, I live here and hate it. but you don't pay anything to California to support it. I vote too, just doesn't help being working class in California.
I would say that the numbers are heavily skewed that California Taxpayers pay a ton for illegals, druggies and prisoners but that doesn't show in the numbers posted either.
If your a leftist, whatever Donald Trump says or does, that pisses you off rest assured, I am a Happy Camper!
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Joined: Jan 2010
Posts: 981
Campfire Regular
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Campfire Regular
Joined: Jan 2010
Posts: 981 |
Quote: "By contrast, while people with adjusted gross incomes below $50,000 filed 62% of all individual returns in 2014, they paid only 5.7% of total taxes collected at an average tax rate of 4.3% per person".
The numbers here while true are phony because the people making $50,000 adjusted income are lumped with the [bleep] who don't pay any taxes and getting a refund! Makes it look like one making $50,000 is paying 4.3% that is funny [bleep] right there!
If your a leftist, whatever Donald Trump says or does, that pisses you off rest assured, I am a Happy Camper!
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