Corporate taxes are too LOW!

meaningless distinction, as certainly corporations are allegedly required to pay taxes. It is simply not true that those taxes are always passed on to the consumers. Taxes may also impact the profits earned by the corporation, as the market in a competitive environment will set the price to the consumers.

Still no one has addressed the issue of whether the individual taxpayer should subsidize the government services that the corporation consumes. Should not those services be reflected in the price of the goods offered by the corporation, so the consumer can decide whether or not to pay the cost of those services used, rather than simply taxing the individual for those services regardless of whether they purchase those goods?

I did address that Dog - the individual taxpayer is the one who pays for it regardless of the scenario. The government can either tax the individual taxpayer directly, or employ the ruse of taxing the corporation and use the corporations to collect more taxes from the individual taxpayer without raising the possibility of angering them by directly raising their taxes. Either way, it is simply taxing the individual taxpayers. One is, what were we promised by Obama again - oh yeah - transparent, the other is not, but the net result is the same in either instance.

Transparency would require honesty and direct taxation - which is why the government and the progressives want to get you thinking that the corporations, not the citizens who purchase their goods and services, are the ones who would be getting the tax increase.

Except under your scenario, individual taxpayers are forced to subsidize the corporations REGARDLESS of whether or not they purchase the goods of the corporation. Should not the costs of the goods of the corporation reflect the true costs rather than forcing individuals to pay for goods they have not nor desire to purchase? Are you a proponent of such corporate socialism?

PrintSmith wrote: I did address that Dog - the individual taxpayer is the one who pays for it regardless of the scenario. The government can either tax the individual taxpayer directly, or employ the ruse of taxing the corporation and use the corporations to collect more taxes from the individual taxpayer without raising the possibility of angering them by directly raising their taxes. Either way, it is simply taxing the individual taxpayers. One is, what were we promised by Obama again - oh yeah - transparent, the other is not, but the net result is the same in either instance.

Your absolutely right PS- there is no such thing as a corporate tax- every penny gets passed onto the people who consume the product or service. All of us individuals pay every penny that a company gets charged in corporate taxes.

Corporations do pay plenty of taxes anyay- excecutives pay income taxes and so do the workers. They also pay half the FICA taxes for every employee. Investors pay taxes on any profit or dividends they make.

We should eliminate all tax breaks/incentives (loop holes- whatever you want to call them) for all corporations- and lower the tax rate for all corporations across the board. This will create a level playing field and encourage more investment- thereby creating more jobs.

I don't like government picking the winners and losers in our economy - and the system of tax incentives and breaks we have now does exactly that.

PrintSmith wrote:

major bean wrote: Absolutely NOT! The tax is on the sale, not the purchase. The tax is upon the seller, whether or not it is included in the purchase transaction.

Where does the seller get the funds to pay the tax MB? From the purchaser of their goods or services. The end user pays all taxes of that which they purchase. They pay the entire cost of the raw materials, the labor, the overhead, the taxes and the profit. That is why corporations are not tax payers, they are tax collectors.

Legally the corporation is responsible for the tax, not the purchaser. It is by mutual agreement that the seller collects the tax from the purchaser.

Something the Dog Said wrote: It is amazing that conservatives are such tools for the corporatists. Why should the individual middle class taxpayer subsidize corporate welfare? Corporations receive the benefit of massive government services, from the federal level in the form of military protection, custom services, interstate highways, railroads, air traffic control, and on , and on, and on, to the local level for fire and police, roads, etc. Why should they not pay their fair share, instead of subsidizing them for their record profits? Does GE not use interstate highways, air and railroad traffic systems, the benefit of our military, and the national infrastructure?

I'll let you answer this one if you will....what would you do if you were king? How would you make everything right and fair without corporations running for friendlier markets?

I have no desire to be king. I would prefer a system where products are priced at their true costs, and not subsidized by those not consuming them. If corporations are utilizing government services, then it is only fair and right that they pay for those services and not be subsidized by individuals who do purchase their products.

Something the Dog Said wrote: I have no desire to be king. I would prefer a system where products are priced at their true costs, and not subsidized by those not consuming them. If corporations are utilizing government services, then it is only fair and right that they pay for those services and not be subsidized by individuals who do purchase their products.

Which would require that all taxes be consumption taxes, not income taxes. The people who consume the goods and services pay the taxes for all that they consume. Such a system would levy a tax on all goods and services which the corporations would collect from their customers and then submit on a scheduled basis. I'm good with that Dog. Price the product and service at the cost from their producer and then have the government levy a consumption tax such that the consumer knows exactly how much their government is taxing them. Stop hiding the taxes by assessing them prior to the earner receiving their earnings. Stop hiding the tax on fuel in the total price per gallon. Let the people see the obscenity of the federal largess and the despotism to which it expects them to submit. Don't tax their wages, their labor, their income, tax their consumption.

When the consumer goes to purchase the new car, let them pay the tax the government levies on the steel, the energy used to make the steel, the cost of the social welfare system, the cost of their common defense, the cost of the interest they must pay on the national defense. Let them see just how much their government wishes to confiscate from them. Go ahead, put a 20% tax on the purchase of a new home - included as a separate line item. Let the people see how much of each gallon of fuel they purchase is tax. Let them see the amount of money being confiscated from them by hiding that tax by pretension of taxing the income of the company from which they are purchasing the goods. You think people believe their taxes are high now? Wait until they find out how much they are truly being taxed after a consumption tax shows all the taxes the government is collecting from them that they have been hiding.

I would love to see the looks on their faces when they got that invoice for the new car. Here's the cost of the car. Here's all the taxes that have been incurred in the manufacturing of the car that the government requires us to collect from you at the time of purchase. I know it's 50% of the final cost of the car, and that it is an obscene amount of money, but you wanted transparency from the government, didn't you?

Honestly? I don't have a problem with low or even non-existent corporate taxes.

Here's why, as briefly as possible.

1. Corporate taxes are passed on to individuals.
2. Corporate taxes tend to punish the most successful corporations, encouraging the survival of marginally productive corporations.
3. If corporations have to continually lobby Congress to keep corporate taxes low, it has other, undesirable corrupting effects on the legislature and the tax code.

However, I do have a problem with people who make their entire living from owning corporate shares paying a much lower tax rate than someone who actually earned the money themselves.

It does burn my butt that some heir who never worked a day in their lives pays lower taxes on their income derived from capital gains and dividend checks than you or I do.

Dog has hit the nail on the head. The current system is socialistic in that we all pay for all corporation's subsidies through the tax incentives that they get. It should be up to the individual, not the government which corporations they will support. I thought all of you tools were anti-socialism.

Also, as another problem, since the recent Citizen's United case, corporations can simply buy politicians. Taking away loopholes will take away much of the incentives to do this.