Trump to eliminate taxation of profits to bring companies back!

[4est_4est_Gump]

Or perhaps fresh ideas and creative thought are only available in the writing forums of Lit?

Don't know.

Won't speculate.

This is the only board I participate in.

 

[Magnetron]

Won't happen.

"My" plan was developed by academics hired by flat-taxers to prove their idea was the best. Flat-taxers are not going to give up on the superiority of their idea, no matter what their own researchers demonstrated. Similarly, the Left is not about to give up the politics of envy or the idea that you can target the rich and corporations with "their fair share" of taxation. We know that the rich have the means for avoidance as well as the ability to buy government. They have no vested reason to change either. The government loves the idea that they can use the tax code to punish groups who refuse to pay protection money to their campaigns. They sure as hell don't want a change. That 47% who relies on the government to exempt them from taxation while accepting the alms of the taxed, they sure as hell have no incentive to call for change.

Personally, I have voiced my disapproval of the Progressive income tax and for similar reason I am not a fan of the flat tax because it is still a tax on income and not on the transaction.

So there it is. The lack of unity prevents any attempt to overcome the inertia that is our tax code. Too many people feel they have something to lose and nothing to gain.

Yawn.

Next.

 

[Magnetron]

Don't know.

Won't speculate.

This is the only board I participate in.

It shows.

Believe me.

 

[4est_4est_Gump]

And back to being catty again...


Sooner or later it has to happen. I read. I read a lot. Just not fiction or porn.

And it shows.

 

[water505]

It shows.

Believe me.

What an ignorant, snotty little prick you are.

 

[Lancecastor]

It shows.

Believe me.

I heard you were big on the Datsun Fairlady Forum.

 

[Conager]

Or perhaps fresh ideas and creative thought are only available in the writing forums of Lit?

Since you are full of

Fresh ideas and

Creative thought.

Why not crowd-fund the takeover of a company run it as you see fit with an committee of employees?

Get back to

Us

In a year

Or two

and let us know

how

That worked

out

 

[RobDownSouth]

The daily ritual begins anew...
http://i1239.photobucket.com/albums/ff502/Soonyigump/AJ/grooming4est_zps454072b8.jpg

 

[Magnetron]

What an ignorant, snotty little prick you are.

Hi, Eyer.

 

[Magnetron]

Since you are full of

Fresh ideas and

Creative thought.

Why not crowd-fund the takeover of a company run it as you see fit with an committee of employees?

Get back to

Us

In a year

Or two

and let us know

how

That worked

out

Can write a fuck ton about himself being a crossdresser.

Can't come up with a paragraph about what he purports to be knowledgeable about.

 

[Magnetron]

And back to being catty again...


Sooner or later it has to happen. I read. I read a lot. Just not fiction or porn.

And it shows.

Truth is painful.

You probably have 50K posts repeating the same information.

Maybe you wised up like BusyBody and implemented software bots 49K posts ago.

Couldn't really say.

 

[Magnetron]

I Can See Trump Shaking Hands With Putin From My Backyard!

Dems Dems Dems
Libby Libby Libby
Lefty Lefty Lefty
Obama plays golf

Here's your opportunity to say something new
Spewing daily to the masses
being read by a few
( lol )
Be different for a change
adopt another point of view
like that Barbie Doll, Sarah Palin
when she was aplayin' Secret Santa
with corporate oil revenue
using it as rebates handed out to every Alaskan
afflicted with high gas prices
Didn't even bother askin
See?
Being liberal one of her governing vices
all the while warning us in debates
as she shook her fist
that Obama was a Socialist
I'm seem to be running out of literary devices
if you don't get the gist by now
no one can help you
doomed to repeat history
in these stalemates of stalled
obstructionist
non discussion

 

[Conager]

Can write a fuck ton about himself being a crossdresser.

Can't come up with a paragraph about what he purports to be knowledgeable about.

Always revealing to see a snotty little "progressive" showing their true colors. I've come to understand that all the virtue signaling that progressives engage in is simply cover for their inherent bigotry.

Is it still dress like a pirate and write bad poetry day?

 

[Lancecastor]

Rainy writes much better pussy prose.

I Can See Trump Shaking Hands With Putin From My Backyard!

Dems Dems Dems
Libby Libby Libby
Lefty Lefty Lefty
Obama plays golf

Here's your opportunity to say something new
Spewing daily to the masses
being read by a few
( lol )
Be different for a change
adopt another point of view
like that Barbie Doll, Sarah Palin
when she was aplayin' Secret Santa
with corporate oil revenue
using it as rebates handed out to every Alaskan
afflicted with high gas prices
Didn't even bother askin
See?
Being liberal one of her governing vices
all the while warning us in debates
as she shook her fist
that Obama was a Socialist
I'm seem to be running out of literary devices
if you don't get the gist by now
no one can help you
doomed to repeat history
in these stalemates of stalled
obstructionist
non discussion

 

[Magnetron]

Always revealing to see a snotty little "progressive" showing their true colors. I've come to understand that all the virtue signaling that progressives engage in is simply cover for their inherent bigotry.

Is it still dress like a pirate and write bad poetry day?

I'm just sayin you have no problem camping out at your PC all day posting a buttload under all your alts.



Never mind that I actually defended cross dressers after you came out of the walk-in closet.

 

[irksomesauce]

Wouldn't the OP actually serve the GB better by just getting down on his knees like a good boy and enjoy getting facefucked at will instead of all this sissyboy protestation?

 

[Magnetron]

Wouldn't the OP actually serve the GB better by just getting down on his knees like a good boy and enjoy getting facefucked at will instead of all this sissyboy protestation?

I'm also not interested in hearing about your fantasies.

 

[Paul_Chance]

Okay, let me see if I can concisely walk through the argument.

Currently, due to the tax code, if a company makes 100b in profits from overseas markets, they pay the tax rate of the country in which the dollars were earned. When they bring the remaining profits back into the US they are faced with the US Corporate tax rate, which is up to 35%.

So, they leave the money in overseas banks and simply don't bring it back. Net gain to the US IRS = 0%. Since the bean counters hate idle money, that money is then reinvested in foreign instruments or capital and the money goes to work overseas and basically just stays there improving everyones economy but the US economy.

The key thing to remember is that, as is, the net gain to the US is zero dollars.

If we change the tax code to a lower rate on foreign profits (most nations encourage the return of capital by having a specific "foreign profits" tax at an average of about 2%) we then lower the cost of bringing the money back into the US.

So, if we use the average 2% tax on foreign profits, there is a net gain to the US IRS of of whatever the tax rate is set on foreign profits. It's further bolstered by downstream net gains in the form of higher dividends (and subsequent taxes) and higher reinvestment in US based instruments and investments/re-investments and increased job activity in the US.

The key thing to remember there is that the end result is a net gain to US IRS and increased US economic activity.

So, it changes the system for a zero gain system to an <insert economists arguing for days about exact amounts> net gain system based on the percentage tax rate. If we set it at zero percent, then the gains are pulled from the downstream tax rates on working capital at standard tax rates.

As with all tax policy the devil will be buried down in the details, but that is the argument in a nutshell.

Current structure: Zero gains.
Future structure: Massive arguments about how much gain, but some gain.

 

[4est_4est_Gump]

Truth is painful.

You probably have 50K posts repeating the same information.

Maybe you wised up like BusyBody and implemented software bots 49K posts ago.

Couldn't really say.

Actually, no...

I have way more many posts than that and it has been an evolution.

That you take me to be consistent instead of "imaginative," I take as a compliment.

 

[Hard_Rom]

The reality is that the U.S. has a severely flawed tax system.

The challenge presented here is to propose worthwhile ideas to supercede it. Put it out of it's misery.

The reality is the U.S. has a severely flawed system of government. It's tax system is just a symptom.

 

[4est_4est_Gump]

It is not about gain, it is about those corporations paying their fair share. If they refuse to do so and instead keep the money overseas, then they can be isolated, targeted and ridiculed (Alinsky 101).

When they agree to be raped at the point of a gun, then they will become good corporations again.

Many would have America fail if it means that we are unfair to corporations.

How dare they deny Washington DC its protection money?

 

[Conager]

It is not about gain, it is about those corporations paying their fair share. If they refuse to do so and instead keep the money overseas, then they can be isolated, targeted and ridiculed (Alinsky 101).

When they agree to be raped at the point of a gun, then they will become good corporations again.

Many would have America fail if it means that we are unfair to corporations.

How dare they deny Washington DC its protection money?

Their evidence that the Reagan recovery is unfair is that the wealthiest benefit the most from a booming robust economy. It isn't enough for a rising tide lifts all boats all boats have to be lifted to the same percentage even if it means no boat is lifted.

The anemic Obama recovery is about as Fair as you can possibly be and of course the rich got richer. So the answer is to do even more of the things that are stagnating the economy to make it more fair.

 

[IrezumiKiss]

But then the sociologists stepped in and convinced the black population that they were a culture apart, an effort that took place side by side with the 'great society' effort to subsidize the disintegration of the black family. So the black citizen was, by law, allowed to go into any establishment (good), and they did so by forsaking the businesses that were built by their own community members. Yet they've insisted that they are still a culture apart. They self-segregated while demanding integration. No one but the democrat party has figured that out and the democrat party, and the race baiter's, will do anything in their power to maintain that status quo.

https://media.tenor.co/images/e68dfb5ca0474b6ca79e4f2b7a7f5da5/tenor.gif

http://media.tumblr.com/tumblr_lshc60EUuN1qdpih1.gif

https://67.media.tumblr.com/5aa8bab3df2164a657ac2c031bf16f56/tumblr_inline_o6rzu3orNP1rtafqf_500.gif

Just had to properly acknowledge this cockcomb's egregious, self-serving, Negro-Whisperer bullshit.

As you were in conversation about economic and fiscal matters, good sirs!

 

[4est_4est_Gump]

Their evidence that the Reagan recovery is unfair is that the wealthiest benefit the most from a booming robust economy. It isn't enough for a rising tide lifts all boats all boats have to be lifted to the same percentage even if it means no boat is lifted.

The anemic Obama recovery is about as Fair as you can possibly be and of course the rich got richer. So the answer is to do even more of the things that are stagnating the economy to make it more fair.

And Hillary was the promise of that continuation, was rejected and the response is, "We can see Russia from our porches..."

 

[Disgustipated]

Hi, Eyer.

Always revealing to see a snotty little "progressive" showing their true colors. I've come to understand that all the virtue signaling that progressives engage in is simply cover for their inherent bigotry.

Is it still dress like a pirate and write bad poetry day?

http://i.imgur.com/91uAfiL.gif