Home Forums Hunting & Shooting Hunter's Campfire So, the Repub Tax Plan will only cut business taxes

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.

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

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.

It would be easier to say, most red states are welfare states subsidized by mostly blue states. Those numbers have been largely unchanged year after year.

Yes however, we in CA have always been able to write off our high state taxes on our Federal return, that means a Californian who pays high State taxes to support the whacky liberal agenda, and services for illegals, then get to write those high taxes off on their Fed, meaning the Californian who makes 100K a year, pays less in Fed taxes than those in Nevada that make the same 100K.

States don't receive welfare, people do.

Blue states don't subsidize anything, higher income taxpayers in every state subsidize welfare rats in every state. California has a high number of high income taxpayers, the states at the top of the dependency list have a high number of people on welfare. Mississippi has the most blacks of any state in the union, South Carolina is #2. Montana and New Mexico have high numbers of Indians. See the connection?

Someone in Mississippi making $250K a year pays the same in federal taxes as someone in California making $250K a year (actually the Californian pays a bit less as Barkoff explained), they're both subsidizing welfare recipients and what state they're from means nothing. An economist would call your statement "lying with statistics", your premise is B.S. because states don't pay taxes, individuals do.

Don't be so stupid.

Trust me, you ain't got competition in that category.

Those numbers are HEAVILY skewed by PILT and Indian affairs money in the case of Idaho.

What do you call it, Bright Eyes, when a state receives more in federal money than it pays in in federal money? I call it entitlement, welfare, subsidies, general pork.

What do you call it, Bright Eyes, when a state receives more in federal money than it pays in in federal money? I call it entitlement, welfare, subsidies, general pork.

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Here in Idaho, we call it getting Californicated...

figure that:

1.) 39% of the Social Security and Medicare payments we receive are from Californians who moved here post retirement, and;
2.) 60.1% of the trucking on the Interstates that pass through here that we don't want or need are bound to California, and;
3.) some 27% of the cost of the Idaho National Labs is storing nuclear waste from California, and;
4.) 44% of the federal subsidies to our farmers is because of the damage to our aquifer from "3" above, and;
5.) 21% of federal payment to our farmer and ranchers is to compensate for regulations that require our waters to flow right by us so they can be used in California...

and you see our point...

4/5 of benefits of the new tax bill go to corporations and those who make over $100,000.00 per year.
What happened to trumps statement that this is for the middle class. Sounds like another lie.

Those numbers are HEAVILY skewed by PILT and Indian affairs money in the case of Idaho.