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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:43 PM Original message |
Why should for-profit corporations pay taxes? |
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SharonAnn (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:44 PM Response to Original message |
1. Because the law says so. After all, a corporation is a person. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:45 PM Response to Reply #1 |
2. I'm interested in what the law should be, not what should be if the status quo prevails. |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:13 PM Response to Reply #2 |
15. Laws Reflect the Morals of a Society - Is it Good to Move Jobs OUT of America |
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RUMMYisFROSTED (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:46 PM Response to Reply #1 |
3. End of thread. |
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GodlessBiker (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:47 PM Response to Original message |
4. And what if a company doesn't pay dividends? Its corporate profit is never taxed? |
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JoePhilly (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:56 PM Response to Reply #4 |
8. Ding Ding Ding!!! |
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GodlessBiker (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:58 PM Response to Reply #8 |
10. And Apple pays no dividend. I hear their profits have been pretty good of late. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:03 PM Response to Reply #4 |
12. Shareholders would pay taxes on capital gains. |
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GodlessBiker (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:10 PM Response to Reply #12 |
14. And what if the company makes a profit and the price of a share goes down? |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:47 PM Response to Original message |
5. taxing dividends & profits isn't taxes? i don;t get your point. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:13 PM Response to Reply #5 |
23. Another participant in this thread wrote: "Capital gains are not connected to profit at all." |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:47 PM Response to Reply #23 |
31. answer my question first. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 04:06 PM Response to Reply #31 |
32. In the OP, I simply asked two questions. I didn't make a claim, assertion, or "point." |
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KT2000 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:54 PM Response to Original message |
6. Corporations use taxpayer |
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freshwest (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 04:20 PM Response to Reply #6 |
34. A vital point that is never addressed... |
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Fire Walk With Me (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:54 PM Response to Original message |
7. You've incorporated, haven't you. |
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GodlessBiker (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:59 PM Response to Reply #7 |
11. LOL! |
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northernlights (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 01:58 PM Response to Original message |
9. maybe because they use up vast amounts of public services and infrastructure |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:07 PM Response to Reply #9 |
13. I apologize for not specifying that I was talking specifically about income taxes. |
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northernlights (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:16 PM Response to Reply #13 |
17. Nestle/Poland Springs income is based on selling Maine's water |
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TorchTheWitch (1000+ posts) Send PM | Profile | Ignore | Tue Mar-29-11 10:06 PM Response to Reply #13 |
51. profit is income |
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TomClash (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:14 PM Response to Original message |
16. Limitation of liability |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:31 PM Response to Reply #16 |
18. What's the connection between limitation of shareholder liability for a corporation's actions ... |
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GodlessBiker (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:53 PM Response to Reply #18 |
20. What's the connection? If the shareholders own the corporation, then they should all be personally |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:02 PM Response to Reply #20 |
21. "Well, that privilege will cost you. The cost is a tax on corporate profits." |
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GodlessBiker (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:14 PM Response to Reply #21 |
24. There are very few things that are problems for wealthy shareholders. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:18 PM Response to Reply #24 |
25. Why not earmark taxes that corporations pay on their profits ... |
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GodlessBiker (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:26 PM Response to Reply #25 |
28. You go try that. People are already incensed that GE paid no corporate taxes ... |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:20 PM Response to Reply #24 |
26. It's a privilege for shareholders, not a privilege for a corporation. |
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TomClash (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:13 PM Response to Reply #18 |
22. You asked why a corporation pays taxes |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 09:50 PM Response to Reply #22 |
38. "There is no connection between limitation of liability and tax rates." |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 11:19 PM Response to Reply #38 |
46. This situation motivated me to create a new thread in another forum ... |
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FormerDittoHead (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 02:39 PM Response to Original message |
19. Why not just eliminate corps altogether and let the investors take responsiblity for its actions? |
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Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:22 PM Response to Original message |
27. GE, I don't know that they do. n/t |
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JoePhilly (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:27 PM Response to Reply #27 |
29. They paid 14 cents a share in dividends against $1.24 profit per share. They kept the difference. |
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Justina For Justice (39 posts) Send PM | Profile | Ignore | Sat Mar-26-11 03:31 PM Response to Original message |
30. Because They Use Our Government Services. |
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RC (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 04:12 PM Response to Reply #30 |
33. The simplest answer is the best answer. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 09:48 PM Response to Reply #33 |
36. The simplest answer is often a wrong answer. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 04:27 PM Response to Reply #30 |
35. Corporations pay taxes on profits. |
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spanone (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 09:49 PM Response to Original message |
37. why should for profit citizens pay taxes? |
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WinkyDink (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 09:51 PM Response to Original message |
39. Why shouldn't they? |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 09:57 PM Response to Original message |
40. Because they use our infrastructure and common resources at a rate higher than individuals, |
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highplainsdem (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 09:59 PM Response to Reply #40 |
41. +1,000 |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 10:16 PM Response to Reply #40 |
42. What if it's much less or much more than their fair share? |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 10:35 PM Response to Reply #42 |
43. Key word in that answer, profits |
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W_HAMILTON (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 10:47 PM Response to Original message |
44. Any for-profit business should be (and usually is) taxed on its profits. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 10:59 PM Response to Reply #44 |
45. Do you get to subtract your commuting costs from your employment income ... |
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tpsbmam (1000+ posts) Send PM | Profile | Ignore | Sat Mar-26-11 11:36 PM Response to Original message |
47. You're taking the Rethug route and shifting the tax to individual |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Mon Mar-28-11 04:58 PM Response to Original message |
48. Kick |
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Swede (1000+ posts) Send PM | Profile | Ignore | Mon Mar-28-11 05:01 PM Response to Original message |
49. Dividends and capital gains are related to securities and stock. |
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Boojatta (1000+ posts) Send PM | Profile | Ignore | Tue Mar-29-11 09:54 PM Response to Reply #49 |
50. To pay dividends, where does a company get money from? |
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white_wolf (1000+ posts) Send PM | Profile | Ignore | Tue Mar-29-11 10:08 PM Response to Original message |
52. In my mind for-profit corporations shouldn't even exist |
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daleo (1000+ posts) Send PM | Profile | Ignore | Tue Mar-29-11 10:10 PM Response to Original message |
53. Well, they are people, aren't they? (legally speaking) |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 12:48 AM Response to Original message |
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