Thomas Scutillo

Lima, OH

#18714 May 5, 2013
got a big displacement PROBLEM thanks to government greed now,
xxxrayted

Cleveland, OH

#18715 May 5, 2013
d pants wrote:
<quoted text> no there should just be a flat tax period. Not a "flat corporation tax". Most of them aren't even based in america.
" The problem with the corporate tax code is not what many think. Frankly, we can change the nominal tax rate to practically anything. It doesn't matter since hardly any corporations pay the nominal rate. What matters is this: Bring up the real tax rate (what companies actually pay) to support needed investments in productivity and competitiveness. Stop penalizing small business. And, end the gimmicks and loopholes that encourage investment in damaging business practices and obsolete industries."
Here is a pretty good article in my Taxes folder I think you should read. If you don't have time, I'll just paste the highlights of it:

Reforming the corporate tax code is the ultimate fix for the economy, Republican budget committee chairman Paul Ryan told CNBC on Friday morning. U.S. publicly traded companies pay more than their counterparts in most of Western Europe and more than China and Brazil, both at 25%; more than Russia’s 20% and India’s 33.9% statutory tax rate, according to RSM McGladrey, Inc., a tax consultancy. Within the advanced economies, the U.S. rate is one of the highest. But there’s a caveat.

Scholars have long documented that multinationals are adept at arranging their affairs to undo differences in taxation across countries. By shifting income from high-tax to low-tax countries through transfer pricing, using hybrid entities that are treated as corporations in some countries and flow-through entities in others, stripping profits from high-tax countries through intracompany financing, repatriating under favorable tax conditions, and other tax avoidance mechanisms, multinationals mitigate the impact of being headquartered in a high-tax state. Google’s famous rerouting its offshore rights to intellectual property through two Irish subsidiaries, a Dutch subsidiary, and a Bermuda entity, lowered its total tax rate on foreign profits to just 2.4%, saving $3.1 billion over the last three years, Bloomberg reported last year.

When it comes to the effective rate, U.S. corporate tax burdens are not the highest in the advanced economies within the Organization of Economic Cooperation and Development, or OECD. But it is also not the lowest.

The average effective federal tax rate is 28% for publicly traded C corporations, according to tax consultants at BDO in New York, and less for smaller businesses with revenues under $10 million that file as S-corporations, partnerships or as sole proprietors, according to the U.S. Small Business Administration.

http://www.forbes.com/sites/kenrapoza/2011/09...

Now using that average (even though there really is no average) corporations still pay 28% in federal taxes. I think that's very discouraging given the fact our neighbors in Canada are about half of that rate.
GBA

Saint Marys, OH

#18716 May 5, 2013
no stupid wrote:
<quoted text> Big companies enjoy a huge buffet of credits, shelters, deductions, and other preferences that reduce their rate to an average of 13 percent. Many profitable companies pay no federal income tax at all. Regardless of our nominal rate, our real corporate tax rate is among the lowest. Further cuts cannot stimulate growth.
U-R-Stupid, don't you know that you cannot tax corporations? They are going to pass through any up in costs against profit they can. That could be a tax increase, cost of meeting a new regulation, or even an increase in fuel costs. I guess you think that the government boys don't know that, eh? They sure do, and when they want to tax you and everybody else they tax companies and/or put out new regulations. It's coming out of your pocket and you gather and sing, "Oh thank you Obama for bringing that big bad company to its knees and making them pay". Please stay a liberal, we have enough dumb Republicans as it is.
wrong again stupid

United States

#18719 May 6, 2013
Hey Dumbass wrote:
Yeah just tax those corps right on to China cause God knows Americans don't need decent paying jobs.
we don't tax them away,and even if we lowered the nominal rate, they would choose the cheap labor anyway. That's what they focus on, profit not peoples standard of living. http://m.youtube.com/#/watch...
d pantz

United States

#18720 May 6, 2013
http://www.ourfuture.org/blog-entry/201003090...
I really think this has more to do with the sneaky trade deals going on through trade pacts than a corporate tax rate!
ToddlerInTheBibl eBunker

Canton, OH

#18721 May 6, 2013
Dirty Rotten Marxist Dem wrote:
Our fair country only took in 3 TRILLION dollars in tax revenue.
How can we EVER balance a budget on ONLY 3 TRILLION????
That's only 3, 000, 000, 000, 000, 000 dollars.
We want MORE MORE MORE!
And Bush's war was FREE FREE FREE!
tylee

Lodi, OH

#18722 May 6, 2013
wrong again stupid wrote:
<quoted text>we don't tax them away,and even if we lowered the nominal rate, they would choose the cheap labor anyway. That's what they focus on, profit not peoples standard of living. http://m.youtube.com/#/watch...
dumphuk
Thank Bubba blowwjobblue dress for nafta and gatt. And Tommy Sawyer who was the swing vote.
These fine upstanding cityzens gave us the state of our economy
Thomas Scutilo

Yorba Linda, CA

#18723 May 6, 2013
tommy "boy"
sawyer is still on the Governmet Teat- working for the State of ohio....what a JOKE!
xxxrayted

Cleveland, OH

#18724 May 6, 2013
wrong again stupid wrote:
<quoted text>we don't tax them away,and even if we lowered the nominal rate, they would choose the cheap labor anyway. That's what they focus on, profit not peoples standard of living. http://m.youtube.com/#/watch...
Yes, that is what they focus on. What do you focus on when you work, how nice you look in the mirror?

Everybody does what they do for money. It's not just corporations, it's not just small companies, it's not just working individuals.

Companies do have one major consideration besides cheap labor, and that is producing their product close to where they sell that product. Most would be happy to produce and sell their products in the US. A lower and fairer tax base might make some of those companies want to produce in the US.
d pantz

United States

#18730 May 7, 2013
D
tylee wrote:
<quoted text>dumphuk
Thank Bubba blowwjobblue dress for nafta and gatt. And Tommy Sawyer who was the swing vote.
These fine upstanding cityzens gave us the state of our economy
I agree except for the dumphuk part. If you wanna throw down in fisticuffs, fine, I've got Jack Johnson and Tom O'Leary waitin' for ya...right here!
d pantz

United States

#18731 May 7, 2013
GBA wrote:
<quoted text>
U-R-Stupid, don't you know that you cannot tax corporations? They are going to pass through any up in costs against profit they can. That could be a tax increase, cost of meeting a new regulation, or even an increase in fuel costs. I guess you think that the government boys don't know that, eh? They sure do, and when they want to tax you and everybody else they tax companies and/or put out new regulations. It's coming out of your pocket and you gather and sing, "Oh thank you Obama for bringing that big bad company to its knees and making them pay". Please stay a liberal, we have enough dumb Republicans as it is.
what? Read all the posts in reverse and quit making an ass out of yourself.
d pantz

United States

#18734 May 7, 2013
GBA wrote:
<quoted text>
U-R-Stupid, don't you know that you cannot tax corporations? They are going to pass through any up in costs against profit they can. That could be a tax increase, cost of meeting a new regulation, or even an increase in fuel costs. I guess you think that the government boys don't know that, eh? They sure do, and when they want to tax you and everybody else they tax companies and/or put out new regulations. It's coming out of your pocket and you gather and sing, "Oh thank you Obama for bringing that big bad company to its knees and making them pay". Please stay a liberal, we have enough dumb Republicans as it is.
well if our market were so great maybe I could agree with that ,but its a world market and the us dollar is getting ditched by foreign markets for gold.
What they do (corporations) is buy out the competition (if it is not taxed out of existance) and ship all the labor out of this country. Maybe hire somebody here in the states at ten dollars an hour to put a bolt and nut in and a sticker on a product that lies to us reading "made in america", and we buy it a few cents cheaper when it costed 5 dollars less to make.
Corporations exploit whoever and whatever they can for profit, the truth is they can charge what ever the want when there is only limited competition that is shackled by a bought and sold government.
LorenEberly

Sunbury, OH

#18735 May 7, 2013
Casino Stockholders:

Union workers, consumers, taxpayers, and America’s grandchildren’s children, Government employees, Parents, Teachers, Veterans, Police, Firemen, and Fathers disqualified for affirmative action with white skin, Representatives deny Collective Bargaining Rights accountable; Cannot comply with USA Labor Law, The Constitution, and demands of Natural Law: what Mother Nature, God, or Whatever Power decreed to be the reality of the real world, democracy, capitalism, the US Constitution, and free, fair, and affordable commerce and common sense demands.

And fund Illegal drug users and Immigrants, lottery, casino, and keno losers, unemployed Union workers replaced with nonunion workers, Human Traffickers, waitresses that pander for life for $2.00 per hour, slaves in tax abated enterprise zones, low-income child labor, consumers, and taxpayers, volunteers without wages, and nonunion workers willing to work for fewer wages than they can afford life. That pays with welfare checks, food stamps, housing vouchers, and Medicaid;

Demanding every Stockholder, corporation, farmer, business, outsourcer sweatshop, and nonprofit, tax-exempt, organization and Church; markets the cost in the wholesale and retail price of his or her product and service; of every worker, consumer, and taxpayer's wages (union contract), healthcare, pension, investment and independent business profit.

This enables every worker, consumer, and taxpayer to pay healthcare insurance premium or pay healthcare provider. Pay ALL taxes and pay for every product and service they use for life. With money derived from wages, investment profit, and independent business profit.

And enables every parent to educate, love, nurse, nurture, discipline, protect, and provide; for every child (job) they conceive. And fund schools, infrastructure, local and national security, government services, and etc.; with money derived from wages, investment profit, and independent business profit.
LorenEberly

Mount Vernon, OH

#18736 May 8, 2013
Investors Stockholders Business Owners and Venders:

The majority of Us the Government of this Representative Republic that vote and the nonvoters that sit on their dead hands and whine; insist on electing and reelecting Obnoxious President, Vice President, Governor, Representatives of US the Government, County Commissioners, Township Trustees, Mayors, City Council, School Administrators and Board Members.

That holds Union workers, consumers, taxpayers, and America’s grandchildren’s children, Government employees, Parents, Teachers, Veterans, Police, Firemen, and Fathers disqualified for affirmative action with white skin, Representatives deny Collective Bargaining Rights accountable.

To fund Illegal drug users and Immigrants, lottery, casino, and keno losers, unemployed Union workers replaced with nonunion workers, Human Traffickers, waitresses that pander for life for $2.00 per hour, slaves in tax abated enterprise zones, low-income child labor, consumers, and taxpayers, volunteers without wages, and nonunion workers willing to work for fewer wages than they can afford life. That pays with welfare checks, food stamps, housing vouchers, and Medicaid.

Pay property tax on state appraised value of their American Dream to fund schools. Pay bank interest on purchase price of American Dream for 30 years. Pay interest on lottery winners winnings Legislators invest in school bonds,

Pay for all stimulus packages, tax abatements, tax incentives, tax refunds, tax credit, and tax exemptions.

Pay sales tax on the more stock dividends (money) OPEC Nations, Enron Stockholders, Wal-Mart Stockholders, Hillarys, Chinese, Foreign and Domestic Investors and Stockholders (money marketers) market quarterly. In the wholesale and retail price of every product and service Human Beings use for life. And School Boards and Government needs to build, maintain and operate schools, infrastructure, and provide local and national security, and Government services. Vendors collect without compensation. That gets only product or service.

Needed to measure and maintain the strength and growth of this UNAFFORDABLE economy and distribute money Human Beings cannot digest, burn in internal combustion engines, or burn to heat and cool their American Dream. Into OPEC Nations, Enron Stockholders, Wal-Mart Stockholders, Hillarys, Chinese, Foreign and Domestic Investors and Stockholders portfolios.

This is defiant of USA Labor Law, The Constitution, and demands of Natural Law: what Mother Nature, God, or Whatever Power decreed to be the reality of the real world, democracy, capitalism, the US Constitution, and free, fair, and affordable commerce and common sense demands.

Demanding every Stockholder, corporation, farmer, business, outsourcer sweatshop, and nonprofit, tax-exempt, organization and Church; markets the cost in the wholesale and retail price of his or her product and service; of every worker, consumer, and taxpayer's wages (union contract), healthcare, pension, investment and independent business profit.

Defying USA Labor Law, the Constitution, and Realities demands makes it IMPOSSIBLE for President and Congress to avoid fiscal cliff. Makes free, fair, and affordable commerce IMPOSSIBLE; Makes funding schools IMPOSSIBLE; Makes balancing every budget IMPOSSIBLE; Makes Union workers, consumers, taxpayers, and Americas grandchildren's children life UNAFFORDABLE; and created Ohio’s $1.35 trillion budget deficit, the $40 trillion social security and the $16 trillion national debt. America’s grandchildren’s children are responsible to pay Chinese, Foreign and Domestic Investors and Stockholders interest with this debt until they are 18 years old.

America’s grandchildren’s children cannot afford life and pay this debt with the $7.25 per hour Government mandated labor wage in a hundred million years.
LorenEberly

Mount Vernon, OH

#18737 May 8, 2013
School Funding:

USA Labor Law, The Constitution, and demands of Natural Law: what Mother Nature, God, or Whatever Power decreed to be the reality of the real world, democracy, capitalism, the US Constitution, and free, fair, and affordable commerce and common sense demands.

Demands every Business Owner and their Stockholders, corporation, farmer, business, outsourcer sweatshop, and nonprofit, tax-exempt, organization and Church; markets the cost in the wholesale and retail price of his or her product and service; of every worker, consumer, and taxpayer's wages (union contract), healthcare, pension, investment and independent business profit.

This enables every worker, consumer, and taxpayer to fund every school, pay healthcare insurance premium or pay healthcare provider. Pay ALL taxes and pay for every product and service they use for life.

And enables every parent to educate, love, nurse, nurture, discipline, protect, and provide; for every child (job) they conceive. And fund schools, infrastructure, local and national security, government services, and etc.; with money derived from wages, investment profit, and independent business profit.

The majority of Us the Government of this Representative Republic that vote and the nonvoters that sit on their dead hands and whine; insist on electing and reelecting Obnoxious President, Vice President, Governor, Representatives of US the Government, County Commissioners, Township Trustees, Mayors, City Council, School Administrators and Board Members.

That defy USA Labor Law, The Constitution, and Realities demands and Union workers, consumers, taxpayers, and America’s grandchildren’s children, Government employees, Parents, Teachers, Veterans, Police, Firemen, and Fathers disqualified for affirmative action with white skin, Representatives deny Collective Bargaining Rights accountable.

To fund Illegal drug users and Immigrants, lottery, casino, and keno losers, unemployed Union workers replaced with nonunion workers, Human Traffickers, waitresses that pander for life for $2.00 per hour, slaves in tax abated enterprise zones, low-income child labor, consumers, and taxpayers, volunteers without wages, and nonunion workers willing to work for fewer wages than they can afford life. That pays with welfare checks, food stamps, housing vouchers, and Medicaid.

Pay property tax on state appraised value of their American Dream to fund schools. Pay for all stimulus packages, tax abatements, tax incentives, tax refunds, tax credit, and tax exemptions.

Pay sales tax on the more stock dividends (money) OPEC Nations, Enron Stockholders, Wal-Mart Stockholders, Hillarys, Chinese, Foreign and Domestic Investors and Stockholders (money marketers) market quarterly. In the wholesale and retail price of every product and service Human Beings use for life. And School Boards and Government needs to build, maintain and operate schools, infrastructure, and provide local and national security, and Government services. Vendors collect without compensation. That gets only product or service. With money derived from wages, investment profit, and independent business profit.

Defying USA Labor Law, the Constitution, and Realities demands makes it IMPOSSIBLE for President and Congress to avoid fiscal cliff. Makes free, fair, and affordable commerce IMPOSSIBLE; Makes funding schools IMPOSSIBLE; Makes balancing every budget IMPOSSIBLE; Makes Union workers, consumers, taxpayers, and Americas grandchildren's children life UNAFFORDABLE; and created Ohio’s $1.35 trillion budget deficit, the $40 trillion social security and the $16 trillion national debt. America’s grandchildren’s children are responsible to pay Chinese, Foreign and Domestic Investors and Stockholders interest with this debt until they are 18 years old.

America’s grandchildren’s children cannot afford life and pay this debt with the $7.25 per hour Government mandated labor wage in a hundred million years.
d pantz

United States

#18739 May 9, 2013
ToddlerInTheBibleBunker wrote:
<quoted text>
And Bush's war was FREE FREE FREE!
who said that smarmmy? That's typical though. Hey bush was 5 years ago, what has happened to the deficit since then? We've had 5 years and obama eagerly signs every peice of crap that the republicans put on his desk. Why?
Undercover Brother

Upper Sandusky, OH

#18740 May 9, 2013
The press butchered President George W. Bush for a deficit of 300 billion dollars a small fraction of this corrupt oh obumm phuck Hussein moo slum Communist S O B's 16 TRILLION Dollar debt .....and the press says nothing. They give him a pass and still the posting moronnns here post about bush's war.
Go figure...
Tom Phillips

United States

#18741 May 9, 2013
Charles Ramsey !
CDR

Plymouth, MN

#18742 May 9, 2013
Tom Phillips wrote:
Charles Ramsey !
Is this the Tom Phillips that used to be a band instructor? If so I have been wondering about you for years!! Leave your email address!!
xxxrayted

Cleveland, OH

#18743 May 9, 2013
Undercover Brother wrote:
The press butchered President George W. Bush for a deficit of 300 billion dollars a small fraction of this corrupt oh obumm phuck Hussein moo slum Communist S O B's 16 TRILLION Dollar debt .....and the press says nothing. They give him a pass and still the posting moronnns here post about bush's war.
Go figure...
Kind of like they're doing with these Benghazi hearings. Most people don't know about it because the media isn't covering it. Everybody is focused on my town of Cleveland and the scum that held those girls/ women hostage all of these years.

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