Want to pay less taxes? Ask corporations

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http://www.guardian.co.uk/commentisfree ... xavoidance

That Obama and his far left economic moves.

Increasing the corporate tax would be a tax on everyone, they'd just pass it down to consumers. They will not just accept lower profit margins. You can't tax your way out of this debt crisis, the only solution is to cut spending. The welfare state cannot be sustained.

But who wants to cut spending? All politicians have to do to have more money to spend is to levy more taxes and instantaneously they can waste more money!

Yes, you can. And our crisis isn't that of government spending but that of government giving money to the wrong corporate backers who gambled it away and lost it.

The government isn't the problem other than their blind support of corporations over their citizenry. Accountability and responsible taxation are necessary to fix the problems.

Increased taxes on the corporations > They raise prices of their supply to compensate for it > The smaller businesses (convenience stores for example) that buy from em have to compensate for the higher prices themselves > Things become more expensive for their customers to buy

At what rate? 100%?

It's not possible. You'd kill the economy and revenue would collapse.

More revenue would only mean more spending.

Both yours and Ace's responses are based on the notion that only growth and increased profits are good things. This is a very limited way of thinking. Especially given that there's no such thing as a profitability singularity.

More like my response is based on the fact that my parents own a small business. When you put a higher burden on a business, they have less money after operating costs so therefore they must adjust for inflation.

http://www.balancedpolitics.org/minimum_wage.htm


Minimum wage is irrelevant to this topic, but the concept of businesses having to charge more when there is more burden placed on em pertains to this topic.

You do realize that that taxation is a tiered model, right?

My parents also own a small business and I'm an integral part of making sure the business is profitable. However, the difference is the scale of money that comes into the business as profit versus the profit that a large corporation like Monsanto might bring in.

That's probably the biggest problem is that large corporations are supported and favored over the actual small businesses. My store cannot compete with a big box national chain like Best Buy where the risks and profits are shared and the sales focus is on multiple disciplines rather than just one like my store is (mobile phone business). Because of following the Walmart model, they see larger profits with lower prices (and also lower wages for the workers and less benefits). This increases the cost to my own store not only in terms of smaller quantity but also in terms of trying to stay competitive with a corporation whose individual item profit lines can be much, much lower.

There are ways to legislate tax increases for these companies without hurting my business and without increasing the cost to the consumer and there are also ways that such a move could decrease the tax burden on my store and the cost of benefits given to my employees.

Let the howling begin.

NEVER get between an ideologue and money. Funny how most of those ideologues are on the Left, and will waste the money for their benefit and expect everyone else to sacrifice their own benefit for no gain.

You can lower prices overnight, not by subvertively increasing taxes, but by saying that no one on an income can claim welfare.

Healthcare in not welfare. Being paid money by a government for not having enough income to meet whatever the hell it is middle classes need welfare for, however, is. Stop it. Not only will governments immediately become solvent, allowing them to CUT income taxes for both businesses and individuals, but people will once more learn to live within their means. Our grandparents did it, our parents never have had to. We do. So, let's learn how.

Americans throughout the nineties lived on 117% of their gross income. Gross is before taxes, people. This is unsustainable. So, stop propping up people and they will have to stop. Simple. Or am I being too logical?

There's a collective movement the Left will want nothing to do with. I'll say it again:

NEVER get between an ideologue and money.

Well goes to show why far left liberals tend to cause the collapse of economies. I just wonder if it is their inability to learn or is it deliberate.

Yes...liberals like George W Bush and Ronald W Reagan.

Uh Reagan didn't cause any economic collapse and George W. Bush tried to fix the problem before the collapse only to be stonewalled by Democrats protecting their campaign donors (Fannie, Freddie).

Some fix. Giving our money to banks and crummy automobile non-manufacturers.

ruveyn

You mean restoring the taxes to the previous levels.

I think the economy will be fixed once we stop calling people consumers and begin calling them citizens or something like that.

Seriously, ever since US profit came from consumption rather than production, tons of things went wrong.