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1,661 - 1,680 of 52,451 Comments Last updated 26 min ago
Ron Hyatt

United States

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#1770
Dec 24, 2012
 
I support lining them all up against a wall and starting over.
Ididntvote4

Saint Marys, GA

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#1772
Dec 24, 2012
 
defcon8 wrote:
<quoted text>
The biggest problem is people who think they have some inside connection to news that no one else can get. Some inside track or special info when the fact of the matter is you are full of sh1t.
President Bush and Congress enacted tax cuts in both 2001 and 2003. Additional cuts were enacted in 2003 to stimulate the economy from the 2002-2003 recession. But because these tax cuts were approved along party-line votes using the budget reconciliation process, they could only be enacted for 10 years.(Senate rules state that legislation that increases the deficit for more than 10 years requires a 60-vote majority to pass.) In 2010, the cuts were extended for two more years as part of a compromise that led to temporary payroll tax cuts and extended unemployment benefits. But they are set to expire once again in 2013. Everyone in Washington is in agreement that the tax cuts for those outside the top tax bracket should be extended, but absent a deal, every working American will be hit with a marginal tax rate increase of 5% on average
http://www.nytimes.com/interac tive/2011/09/08/us/sept-11-rec koning/cost-graphic.html

“Shadowville All-Stars”

Since: Dec 08

Columbus, GA

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#1773
Dec 24, 2012
 

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Goldfish wrote:
<quoted text>
I've got a jack-o-lantern that looks just like obama.
With snap on ears?

Just stopping by to wish all my Georgia Forum riends a Merry Little Christmas, Synergy & Bill in specific!

On that note, a little holiday Hogbottom cheer with the video of mine Bill In D'Ville has named his favorite performance of mine...

Me & Sandy Madaris throwing down with the Conley Brothers on the Hogbottom stage:

http://youtu.be/EBpnUOepRZg

“Shadowville All-Stars”

Since: Dec 08

Columbus, GA

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#1774
Dec 24, 2012
 

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nuff said wrote:
<quoted text>
Your values are obvious, how do I know, I have read your postings. Everthing starts with you, ends with you and is all about you, nuff said.
As I reply when someone asks me "Which side are you on?"

"Mine."
Calling Your Bluff

Dallas, GA

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#1776
Dec 24, 2012
 

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defcon8 wrote:
<quoted text>
The biggest problem is people who think they have some inside connection to news that no one else can get. Some inside track or special info when the fact of the matter is you are full of sh1t.
President Bush and Congress enacted tax cuts in both 2001 and 2003. Additional cuts were enacted in 2003 to stimulate the economy from the 2002-2003 recession. But because these tax cuts were approved along party-line votes using the budget reconciliation process, they could only be enacted for 10 years.(Senate rules state that legislation that increases the deficit for more than 10 years requires a 60-vote majority to pass.) In 2010, the cuts were extended for two more years as part of a compromise that led to temporary payroll tax cuts and extended unemployment benefits. But they are set to expire once again in 2013. Everyone in Washington is in agreement that the tax cuts for those outside the top tax bracket should be extended, but absent a deal, every working American will be hit with a marginal tax rate increase of 5% on average
Plus the cost of obamacare for some, yeah, the dems really look out for the little guy, don't they.
Massah

Saint Marys, GA

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#1777
Dec 25, 2012
 

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What a stupid, worthless thread.Did you ever play the thread subject swap game?
Informed Opinion

Lehigh Acres, FL

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#1778
Dec 25, 2012
 

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Aggie23 wrote:
<quoted text>I see (and agree with) your point, but I would just clarify one thing: taxes are going up on everyone who actually pays federal income tax. In 2011, 46% of the population paid no federal income tax.
I paid a heap of federal taxes.

And those who don't pay federal taxes, disabled veterans, Social Security recipients, the working poor, pay a heap of state and local taxes, payroll taxes, sales taxes, property taxes, excise taxes, etc.

I don't care that someone making $15K a year doesn't pay federal taxes, but I do care that G.E., a corporate "person" made $14.2 BILLION in profits and paid NO taxes.

Yep, now that's annoying - especially to anyone paying the AMT.
Calling Your Bluff

Dallas, GA

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#1779
Dec 25, 2012
 

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Informed Opinion wrote:
<quoted text>
I paid a heap of federal taxes.
And those who don't pay federal taxes, disabled veterans, Social Security recipients, the working poor, pay a heap of state and local taxes, payroll taxes, sales taxes, property taxes, excise taxes, etc.
I don't care that someone making $15K a year doesn't pay federal taxes, but I do care that G.E., a corporate "person" made $14.2 BILLION in profits and paid NO taxes.
Yep, now that's annoying - especially to anyone paying the AMT.
Corporations do not pay taxes. Never have, never will.

Fairtax.org
Gun Runner

Harrison, OH

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#1780
Dec 25, 2012
 

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Informed Opinion wrote:
<quoted text>
I paid a heap of federal taxes.
And those who don't pay federal taxes, disabled veterans, Social Security recipients, the working poor, pay a heap of state and local taxes, payroll taxes, sales taxes, property taxes, excise taxes, etc.
I don't care that someone making $15K a year doesn't pay federal taxes, but I do care that G.E., a corporate "person" made $14.2 BILLION in profits and paid NO taxes.
Yep, now that's annoying - especially to anyone paying the AMT.
Those receiving Social Security pay federal taxes if they income slightly above the poverty level. Please post facts, not fabrications.
munum

Pittsburgh, PA

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#1781
Dec 25, 2012
 

Since: Jan 10

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#1782
Dec 25, 2012
 

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One would think (if one was logical, or informed) that GE also pays franchise fees, state taxes (if they don't have credits and NOLs to offset them like they do federal income taxes), local taxes, payroll taxes, excise taxes and property taxes, too.

But why let the facts get in the way of a good story?

“Shadowville All-Stars”

Since: Dec 08

Columbus, GA

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#1783
Dec 25, 2012
 

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Massah wrote:
What a stupid, worthless thread.Did you ever play the thread subject swap game?
This thread truly has run out of steam... what about if we start a new one and all meet there?

Since: Nov 08

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#1784
Dec 25, 2012
 
Will Dockery wrote:
<quoted text>
With snap on ears?
Just stopping by to wish all my Georgia Forum riends a Merry Little Christmas, Synergy & Bill in specific!
On that note, a little holiday Hogbottom cheer with the video of mine Bill In D'Ville has named his favorite performance of mine...
Me & Sandy Madaris throwing down with the Conley Brothers on the Hogbottom stage:
http://youtu.be/EBpnUOepRZg
Merry Christmas, my friend. I hope the new year finds you busy with well attended gigs; possibly one up this way.:)
you should know

Jefferson, GA

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#1785
Dec 25, 2012
 
Bill in Dville wrote:
One would think (if one was logical, or informed) that GE also pays franchise fees, state taxes (if they don't have credits and NOLs to offset them like they do federal income taxes), local taxes, payroll taxes, excise taxes and property taxes, too.
But why let the facts get in the way of a good story?
Fact is GE does pay corporate income tax, fact is they pay very little. Yes GE pays other types of taxes and so does the average American. The problem is that a corporation making millions of dollars can avoid tax due to the fact they have the money to influence Republican congressmen and women to do as they ask. GE chief spokesman Gary Sheffer told Pro Publica in early 2011 “We expect to have a small U.S. income tax liability for 2010.” How much? The company wouldn’t say. You can guess why. You can also check to see how little they paid in 2011.

You should know that American corporations shelter huge profits in off shore offices avoiding tax. You should no that large corporations get tax breaks from states and counties to lure them to their area. Up to 20 years of no property taxes and other tax breaks from state and local government. You should know that the average American has nobody working for them in Washington to make sure they pay as little tax as possible, just the opposite. That’s the reason working class American pays more tax than rich corporations or individuals as a percentage of income and thats wrong.

You are paying way to much attention to FNC, dust off your brain and think for yourself.
Calling Your Bluff

Dallas, GA

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#1786
Dec 25, 2012
 

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Bill in Dville wrote:
One would think (if one was logical, or informed) that GE also pays franchise fees, state taxes (if they don't have credits and NOLs to offset them like they do federal income taxes), local taxes, payroll taxes, excise taxes and property taxes, too.
But why let the facts get in the way of a good story?
One who knows, that every cost, including taxes and fees,is passed on to the consumer.

Corporations do not pay taxes.

Fairtax.org

Since: Nov 08

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#1788
Dec 25, 2012
 
you should know wrote:
<quoted text>
Fact is GE does pay corporate income tax, fact is they pay very little. Yes GE pays other types of taxes and so does the average American. The problem is that a corporation making millions of dollars can avoid tax due to the fact they have the money to influence Republican congressmen and women to do as they ask. GE chief spokesman Gary Sheffer told Pro Publica in early 2011 “We expect to have a small U.S. income tax liability for 2010.” How much? The company wouldn’t say. You can guess why. You can also check to see how little they paid in 2011.
You should know that American corporations shelter huge profits in off shore offices avoiding tax. You should no that large corporations get tax breaks from states and counties to lure them to their area. Up to 20 years of no property taxes and other tax breaks from state and local government. You should know that the average American has nobody working for them in Washington to make sure they pay as little tax as possible, just the opposite. That’s the reason working class American pays more tax than rich corporations or individuals as a percentage of income and thats wrong.
You are paying way to much attention to FNC, dust off your brain and think for yourself.
You should know that taxing those corporations will help "some" but not stop the problem. The problem is SPENDING. YOU should know that. Is YOUR solutlon to tax, tax, tax the corporations and keep spending, spending, spending????? How will THAT save us????

Since: Jan 10

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#1789
Dec 25, 2012
 

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Actually, I do know that many American corporations "shelter" income overseas, I used to be CFO of a company that did it. It's (currently) legal and the appropriate use of corporate funds. To do otherwise would likely subject one or many to charges of not acting in the best interest of the corporate shareholders. Some research regarding fiduciary responsibility would do you some good.

I am also a shareholder of GE, although I don't see their tax returns (thank the heavens), I do see their financials. You might want to do some research as to why a company could be profitable, yet not have to PAY income taxes in one particular year.

Tax evasion is illegal. Tax avoidance is prudent and a good business practice. Why should a company (or person, for that matter) pay more than what they're legally required to pay?

Since: Jan 10

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#1790
Dec 25, 2012
 

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Will Dockery wrote:
<quoted text>
...
Just stopping by to wish all my Georgia Forum riends a Merry Little Christmas, Synergy & Bill in specific!
On that note, a little holiday Hogbottom cheer with the video of mine Bill In D'Ville has named his favorite performance of mine...
Me & Sandy Madaris throwing down with the Conley Brothers on the Hogbottom stage:
http://youtu.be/EBpnUOepRZg
Merry Christmas to you, Doc.

Yep my favorite performance (so far)...
Calling Your Bluff

Dallas, GA

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#1792
Dec 25, 2012
 
Sheltered, deducted, credited, subsidized, it all hits a balance sheet. Revenue and costs (taxes and fees, etc.)are forecasted on a never ending basis. All costs are passed on to the consumers. Corporations do not pay taxes.

Fairtax.org

Since: Nov 12

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#1794
Dec 25, 2012
 
you should know wrote:
<quoted text>
Fact is GE does pay corporate income tax, fact is they pay very little. Yes GE pays other types of taxes and so does the average American. The problem is that a corporation making millions of dollars can avoid tax due to the fact they have the money to influence Republican congressmen and women to do as they ask. GE chief spokesman Gary Sheffer told Pro Publica in early 2011 “We expect to have a small U.S. income tax liability for 2010.” How much? The company wouldn’t say. You can guess why. You can also check to see how little they paid in 2011.
It's rather amusing that you blame Republicans for GE's low tax burden. GE's Chairman and CEO Jeffrey Immelt sits as head of Obama's Council on Jobs and Competitiveness. When Obama announced $100 Billion in direct subsidies and tax credits for green energy, lo and behold GE announces its plans to open the largest solar panel production facility in the US - it was already the largest producer of wind turbines. Writing in the Examiner in July 2011, Tim Carney states "Obama wants cap-and-trade, GE wants cap-and-trade. Obama subsidizes embryonic stem cell research, GE launches an embryonic stem-cell business. Obama calls for rail subsidies, GE hires Linda Daschle (wife of former ...[Democratic} Senator... Tom Daschle) as a rail lobbyist. It goes on and on. Immelt is cosy with the Dems, so if you have a problem with their taxes (which are all legal, by the way), go talk to Democrats.
Oh, and that council that Obama talked about being "laser focused" on job creation, has met four whole times since its inception in January of 2011, the last time being in Jan 2012.

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