In 2018 social security had a $3 billion dollar surplus, after expenses. That's total revenue from people paying in to social security ($1.003 trillion) and out go that year. So where does the true spending exist?

They were slow but steady times. Very little drama compared to today.

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Refer to Post #18.




:ohdear:

:bigbow:...:bigbow:


But hey, at least I can now deduct expenses...for my private jet. :thumbup:

I wonder why? :1rotfl:

Interestingly, we have now spent MORE THAN DOUBLE on farmer bailouts, than on all of the loans made to automobile companies...during the Great Recession.

I would link it, but the link might be too political...so y'all can easily research it yourself.

The difference though?

The loans were mostly paid back. :oops:

And yet, I'll bet a high % who were adamantly against the auto loans and the hundreds of thousands of people it helped keep a job...have no problem with paying large corporate farms for self-inflicted wounds. :ohdear:

BARELY "most."

As in 52-54%.

Meaning, 46-48% of Americans...have NO stocks whatsoever.

Stocks of any kind (click here)

There were several candidates that ran in the last presidential election whose platform was reducing the federal deficit. They all lost. Nobody cares. What people care about, are give aways.

Rollie

When I had a small business we paid our more than fair share. There were a few years we did ok and at the end of the year we had to spend money for the company, or give it to the gov. Hard for any business to save any money to protect our company for the next year. Gov. is a big business that can only get more money to give away is to raise taxes on the working people.

And you know this? They pay taxes they don’t make billions without paying taxes.

Cause most knew it was a joke. Say anything to get elected.

Did you forget the famous peanut farmer?

We're talking about net taxes. According to CBS News, there are at least 60 large corporations that paid no income tax on $79 billion in profits in 2018. Amazon and Netflix should have paid $16 billion alone, but instead got tax REBATES. The new law cut the statutory tax rate to 21 percent, while leaving intact most of the tax breaks and loopholes, which allowed profitable companies to zero out their income taxes.

Losses from prior years, tax incentives to invest in the future & employees.................all legit. Corporate Taxes are just a pass-thru.


I'm good with that.

Corporations don't pay taxes, their customers pay them. Taxes are a cost of business and they are passed on. Taxes are reduced by deductions for capital expenditures.... ie expansion!

So when I paid my city taxes which covered police, roads, snow removal, city employees, holiday decorations, local courts etc etc, were those services which only the citizens of the city utilized? Or should the corporations in that city also pay for police and all the other city services? Why should XYZ corp get the street plowed to their business if they pay no tax? Why should the police care if they are robbed if they pay no tax. Corporations use services just like people do. And corporations should pay. Why don't you argue they should get their water and electricity for free also, as they just pass on those costs in the cost for products?
The same principle applies to state and federal taxation. Corporations utilize all the same services as individuals.