Quote:
Originally Posted by Guest
It has always been WE ALL WANT BUT NO ONE WANTS TO PAY.
From that comes-the tax breaks I get are fair. The ones you get are not.
First of all, our tax code is 86,000 pages. I think, I expect we all agree THAT IS INSANE. There is a paragraph called the STARBUCKS SECTION that makes Starbucks a manufacturer with appropriate tax breaks-BECAUSE THEY ROAST COFFEE. IT IS SIMPLY INSANE. Under OBAMA half of americans pay not tax-according to the way I think they should have some skin in the game before they have the right to vote and tell those who do pay taxes how to spend their money.
I did not get any of them having been self employed so I expect I think differently than many people do. Your business funded RETIREMENT PLAN, 401k, 403B, pension, medical care, etc WAS TAX FREE INCOME. Even social security. If, you worked for an employer, what ever you paid into this system your employer paid the same TAX FREE, for you. I PAID 13% OF MY GROSS TO SOCIAL SECURITY.
As to CORPORATIONS THAT PAY NO TAX. Realize a CORPORATION is not a human being IT IS SIMPLY PAPERWORK. The PROFIT is distributed to the owners-THE SHARE HOLDERS-in the form of dividends AND THE DIVIDENDS ARE TAXABLE.
Oh, I have no pension. I am living on dividends from stocks purchased with money I HAVE PAID INCOME TAX ON. I still pay TAX on the dividends I receive on money I ALREADY PAID INCOME TAX ON.
SO WHAT DO YOU THINK IS UNFAIR? Oh and if you have a retirement plan, an annuity, etc etc etc YOU TOO ARE AN EVIL CORPORATE OWNER.
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Corporations aren't human being. Maybe you should tell that to the Supreme Court. They ruled that they are in the Citizens United case. Our election are now up for sale.
What income tax programs did Obama institute to get to the point that 47% of people don't pay FEDERAL INCOME TAXES? They are paying Social Security, Medicare, State income and sales taxes. A lot of people, it isn't coming out of disposable income. Take a ride to the Ocala Forest, and see how many are living there. He extended "W's" tax cut program to everyone, but the highest tax bracket people. Take a look at the number of seniors that are in the 47%. It is over 10% and growing.
Are dividends taxed twice? Sure, they are. Are you going to sit there for a second, and say that the federal income code doesn't favor corporations? You point the one bad thing, and we suppose to feel sorry for the owners of businesses.