why do you want to tax my business? I haven't paid the investors even one red dime? You are taxing me before I even have the opportunity to make any money. Like all democrats, all you see is a billion dollars and your mouth starts watering, you can't wait to get your hands on that money. I'll give you my fair share when I get my fair share, until then, bug off, you piece of shit greedy democrat. You never saw a dollar you didn't think belonged to you. Tax, tax and tax, that's the only way you know to make money.
This is why having a serious discussion on ET is useless. Please get the fuck off my thread you stupid twat. Your "insight" is useless.
ok, just tax me, flatly, since that's all your simple mind can comprehend. Yes, let's all implement the flat tax, it's simple and even I can understand it, then I can bitch about the next new thing. You can't have a serious discussion because you can't defend your position. To you, a "serious discussion" is to post some bullshit and have somebody agree But I will say, you have put me in my place by calling me a "stupid twat" do you have anymore insightful comments?
Headline taxes grab a lot of attention. The very rich and the multinational corporations grab attention. Achieving tax escape velocity seems difficult. Most individuals and businesses pay more than fair share. The multinational that closes a US factory, lays off workers, manufactures overseas, exports to the US, then pitches a US profit re-patriation holiday is the problem. What percentage of US imports are exports from US multinationals? North of 30% I think. 80% of US employees are not employed by multinats. Those employees and those businesses seem to carry the load. See, i read a headline or two and go off half cocked. (And old Civil War saying)
Scat - agreed. Total government spending (Federal, State and Local) as a percent of the overall economy is somewhere around 49% of GDP. Complete insanity. It's basically communism-light. Eurusd - agreed. The tax code, excessive regulation and unions basically drove multinationals offshore, and with that, our tax base. The endless regulation has to go. It's just another major compliance cost. I'm no expert on labor law, but protections against the termination of striking workers (private and public) is THE major factor to out-of-control union compensation. FDR was totally against public sector unionization for that reason. The whole system has grown totally out of control, and I think it's way beyond the point of no return. The only thing that will bring us back to reality is the spiraling national debt, and ultimately, painful market discipline.
Correctamundo. I used to have a chart that showed the "percentage of government in our economy". It was something like 12% in 1920. Now has escalated to ~50% and still growing... along with our $18T national debt. When does the cost of government* become too heavy to carry? 60%? 70%? What happens when we reach that point? What options will there be? *includes transfer payments to parasites in exchange for their vote, of course
My avatar? Funny story about my Husky puppy getting a bucket stuck on his head. Didn't even freak him out (did freak out one of the other dogs, however). He rather seemed to enjoy it. He even did it a 2nd time. The 1st time, I laughed so hard I almost wet myself.