Tuesday, November 21, 2017

How they "think". And what they are teaching our children!-----Occupy Democrats - Posts

This entire post from the popular lib site is all lies.
Intended to foment envy and hate.
Occupy Democrats - Posts
"Trump and Republicans say our corporations need a tax cut. 
Really? 
Take a look at how little they pay in taxes ALREADY, and ask yourself: should we RAISE middle class taxes to LOWER corporate taxes even further? 
Because that's what Trump's tax scam does. (Source: Forbes)
"While representing a whopping 20% of GDP (GDP is defined as "all economic activity in the US") the total taxes paid in 2016 by these 20 companies was $108 billion, which is only 0.6% of GDP and 3.6% of the $2.99 trillion of the total federal taxes collected from all sources for the year. (Source: James J Durning.) 
They DON'T need another tax break!
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Tim Getty I've seen comment comparing Revenue to Profits. Okay. "IF" Corporations are "people"...then I want the same breaks. In other words, my revenue/income minus MY operating expenses-like insurance,utilities, food, transportation, medical expenses...and like. It's only fair and correct, right????

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267
November 16 at 12:58pmEdited

Jeff Clark Better worry about this to. This is what's on my mind. I just listened to a program on NPR. It appears that with all the crap on tax reform and the Gropenfuhere and his Asian travles. That the Repugnants and the Administration. Have been silently fill...See More

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311
November 16 at 12:52pm
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Tommy Sipper We already knew that corporations take advantage of every tax loophole possible, but, if these numbers are even close to accurate, then we need to DEMAND that Donny the conman and his fellow billionaires start paying their fair share!! They are the LAST people we should be giving MORE tax breaks to!!!

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174
November 16 at 12:35pm
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Michael Maybee This is bull shit , when the average American working class people pay 30 % why can't these corporations pay a fair share ? a little bit more taxes for the corporations and less taxes for the working class would put more money into the system and the economy would improve and take some of the tax breaks away from the top 1% and we could all have medical coverage.

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138
November 16 at 12:52pm
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John Bøgelund Unger This is just wrong! The list I mean. Nobody pays taxes on revenue (gross income) They, as well as everyone else, opays taxes on net income (profits)! This is a shabby attempt at hyperbole that takes advantage of the massive ignorance about taxes and ho...See More

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122
November 16 at 1:00pmEdited
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Rick Shetron I'd be happier if they showed the net income after expenses as well. Expenses like wages, property taxes, insurance, cost of goods, etc. If a company's gross income is $100b, but their expenses are 99b, then they only had a 1% profit. In most econom...See More

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November 16 at 1:01pm
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Collin Zee You're not taxed on revenue. You're taxed on profit. In 2016, Walmart had a net income of 21.6 billion. They paid 6.5 billion in taxes. They were taxed for 30.3% of their profits. Please people, take some accounting classes.

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59
November 16 at 8:17pm
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David Dalgleish They pay NOTHING. This is about taking care of their donors, and if Republicans want to keep the gravy train rolling they have to maintain the quid pro quo between the wealthy and powerful, and the Republican Party. Screw-you middle and lower class!

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November 16 at 12:41pm
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Ruth McCusker Meanwhile they say the solution is to "broaden the base". In tax reform lingo, "broadening the base" is code for raising taxes on the poor and middle-class. Weasel words that the victim-proponents cannot grasp.

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November 16 at 12:33pm
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John Rod DiGiacomo That's not counting the personal taxes of the billionaires.. The estate tax repeal will benefit Trump, at least six members of his cabinet, and Mitch McConnell.

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November 16 at 12:40pm
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Brooke Lambie We know it's a disgusting tax scam favoring the rich stealing money from the US Treasury letting corporations get away with hell and no guarantee it all that any of it'll be back invested in employee wages or capital investment trickle-down doesn't work

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November 16 at 12:34pm
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