Corporations Don't Pay Taxes

Discussion in 'World Events' started by See Post, Dec 18, 2005.

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    Originally Posted By RC Collins

    Since I am missed so much around here, I thought I'd stir up a new thread.

    Corporations don't really pay taxes.

    By this I mean that corporations will pass along all of their tax costs to investors, employees, and mostly consumers.

    Paying taxes may mean paying less in dividends to investors (which may include elderly widows who rely on investment income). Money paid in taxes is money the company can't give to the employees in compensation. Most of all, though, money paid in taxes is paid for by raising the price of goods and services the corporation provides to consumers.

    So, the next time you think "Those evil corporations should pay more in taxes!" you are really asking to pay higher prices on goods and services.

    Think about it for a moment. You think the corporations just somehow "eat" the cost of taxes? Do you think it just comes from a magical stash of funds? Nope. It is part of the cost of doing business, and as such, is passed along to us. You are paying hidden taxes every time you buy goods or services from a business.
     
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    Originally Posted By gadzuux

    Of course. Only people pay taxes.
     
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    Originally Posted By patrickegan

    Or if you listen to NPR while driving your Prius, only the poor pay taxes.
     
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    Originally Posted By cmpaley

    This thread has been brought to you by:

    The Rush Limbaugh Show
     
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    Originally Posted By TomSawyer

    If corporations don't pay taxes, they shouldn't have the right to lobby Congress or to donate to political campaign funds.
     
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    Originally Posted By cmpaley

    >>If corporations don't pay taxes, they shouldn't have the right to lobby Congress or to donate to political campaign funds.<<

    Well, the Right won't have that. Corporations are "persons," after all, and entitled to all the rights of persons, but none of the responsibility, of course.
     
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    Originally Posted By TomSawyer

    I'd go for that if we could execute corporations or imprison them, cmpaley.
     
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    Originally Posted By cmpaley

    Execute criminal corporations (which is to say corporations that engage in criminal activity, not all of them or even most of them)? That would be perfectly fine with me. I don't consider corporate entities to be human persons...the law shouldn't either.
     
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    Originally Posted By RC Collins

    >>This thread has been brought to you by: The Rush Limbaugh Show<<

    I don't have time to listen to Rush much, but I sure do like the albums and the Rio DVD. Seriously, I don't get the chance to listen to Rush much. But if he gets it right, so what?

    >>If corporations don't pay taxes, they shouldn't have the right to lobby Congress or to donate to political campaign funds.<<

    They pass along the taxes to people like you and I. But your statement implies that people who pay more in taxes should have more say.
     
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    Originally Posted By patrickegan

    Well if that’s the case I should get two votes. :) Also the more you can afford to pay accountants, financial planers and shyster attorneys that’s the less you pay in taxes. Look at the Kennedy’s-
     
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    Originally Posted By cmpaley

    >>Well if that’s the case I should get two votes<<

    If you vote for a Republican on a Diebold machine, you are already get votes.
     
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    Originally Posted By Kennesaw Tom

    Is a Diebold machine kinda like all those Democrats that vote in both the states of New York and Florida?
     
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    Originally Posted By Darkbeer

    Maybe he is thinking of the Indiana election....

    <a href="http://www.thetimesonline.com/articles/2005/12/15/news/lake_county/4141b95e504fe565862570d8000b111a.txt" target="_blank">http://www.thetimesonline.com/
    articles/2005/12/15/news/lake_county/4141b95e504fe565862570d8000b111a.txt</a>

    >> Indiana Attorney General Steve Carter announced a new round of vote fraud charges Wednesday arising from an investigation of the city's 2003 Democratic mayoral primary.

    Five men and women are accused of illegally meddling in absentee balloting or voting outside their home precincts.

    The charges are brought by the Joint Vote Fraud Task Force, which consists of the attorney general, County Prosecutor Bernard Carter and state police, who have spent two years investigating the 2003 election.

    Steve Carter said he isn't alleging the defendants were part of a conspiracy to help a particular candidate, but said charges against campaign bosses could be in the future.

    "Expect more of these reports," he said.<<

    Or maybe the infamous Ms. Currie from Detroit...

    <a href="http://www.detnews.com/apps/pbcs.dll/article?AID=/20051218/METRO/512180311/1003" target="_blank">http://www.detnews.com/apps/pb
    cs.dll/article?AID=/20051218/METRO/512180311/1003</a>

    >>Detroit City Clerk Jackie Currie has spent more than $100,000 in taxpayer funds on a team of private lawyers and advisers to defend her in a lawsuit that accuses her of mismanagement and fraud in the handling of city elections.

    Currie incurred the expenses after dismissing city attorneys, who typically defend city employees in lawsuits involving their official actions. She then hired a private attorney to represent her in the contentious lawsuit, which resulted in a criminal contempt of court citation after Currie ignored a court order.<<

    >>Currie has come under fire over the way she handles absentee balloting and voter rolls in Detroit.

    A Detroit News report in October found numerous apparent problems with the performance of her office: legally incapacitated nursing home residents were being coaxed to vote, people were voting from abandoned nursing homes and vacant lots, and the city's voting rolls were inflated with more than 300,000 names of people who had died or moved out of the city. The report also found that Currie's election "ambassadors" -- hired by the clerk's office to help people vote -- had a practice of hand-delivering ballots from senior citizens and disabled voters that were filled out in private meetings with Currie's paid election workers.

    Following the stories, the FBI launched an investigation into Detroit voter fraud and got a court order asking that records associated with absentee balloting in the city be seized and preserved.

    Earlier, a failed City Council candidate, Maureen Taylor, had sued Currie, alleging her practices were so shoddy that they fostered an atmosphere that could encourage voter fraud.

    In a hearing in that case, Wayne County Chief Circuit Judge Mary Beth Kelly ordered Currie not to send out absentee ballot applications for the November election, but the city clerk violated that order and was found guilty of criminal contempt and fined $250.

    On Monday, Kelly is to release an inch-thick report completed Thursday at her request by two court-appointed monitors -- prominent Detroiters Elliot Hall and Charlie Williams -- that examines Currie's actions relating to absentee voting last summer.<<
     
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    Originally Posted By TomSawyer

    >>But your statement implies that people who pay more in taxes should have more say.<<

    Not to a fair minded person.
     
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    Originally Posted By TomSawyer

    Nice hijack, Darkbeer.
     
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    Originally Posted By patrickegan

    Or one of those San Francisco one’s with the ballot boxes floating in the bay.
     
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    Originally Posted By gadzuux

    It was only the lids to the ballot boxes.
     

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