Posted on 04/13/2015 11:18:38 AM PDT by Enlightened1
If you sell 10 million dollars worth of stuff and for whatever reason have no net profit.....what are you going to pay your taxes with?????.....not a logical idea at all.
How would that help?
I am not advocating taxing corporations on their gross sales, but why would it make any difference whether it was your employees or some contractors who were making the sales?
Gee whiz...I wasn’t aware that Weyerhauser made computers or that Xerox was in the lumber biz.
Nothing in Washington gets done without being paid for.
Some by blood.
Some by sweat.
The Majority, by being bought off.
It is the facts kids. Put on your big kid pants and deal with it.
Our only hope is we elect folks who care about the first two.
If you disagree, I will be out in the parking lot.
Dumb idea. Do you think startup companies are profitable from day one? You would tax their sales as they lost money?
I don’t think so.
Lets say I had $1B.
If it just sits and does not earn any interest or investment income, I would pay no taxes............................
To that excellent comment I would add (and a little speech I have given on many occasions):
When corporations DO pay taxes, where do you think the money comes from? A magic fairy? The cookie monster? IT COMES FROM THE PRICES CHARGED FOR GOODS OR SERVICES. In other words, when a slime ball politician tells you, “elect me and I'll make those corporations pay their fair share” what he is ACTUALLY saying is “elect me and I'll raise your taxes, but I'll launder it through the corporations so you'll never know I'm doing it!”
In the end, all corporations do is COLLECT taxes, only people actually PAY taxes.
I bet you already paid taxes on that billion when you earned it.
If you are not profitable fold.
When I went to school they still taught that.
The problem is our code is a mess. Over the years our Legislators have passed all of these exemptions, breaks and waivers recommended by various lobbyist. We need to completely gut the tax code and make it simple and flat with no exemptions, breaks, or waivers. Lobbyist and accountant’s would go out of business but the American people would not be burdened with excess taxes to fill in the gaps created by these exemptions...
it’s a sin to tax people on their labor
I think we should repeal the 16th amendment, drastically reduce the size of the federal government, and adopt a VERY modest national sales tax to cover the cost of running the MUCH smaller government.
What? Are you saying each corporation does NOT have its own money tree?
...
Fruit of the 17th Amendment and it’s malignant sister the 16th amendment
Over how long a period of time? Should Kodak have folded the first quarter they lost money?
I am reminded of the time when the Fuller Brush Company went bankrupt and was in receivership. They brought in an old guy to babysit the facilities until everything could be sold and settled. While they were waiting, the old guy turned the company around, eventually bringing Fuller Brush out of bankruptcy and back into profitable operation.
“What? Are you saying each corporation does NOT have its own money tree?”
Of course every corporation has a money tree. The problem is, the roots extend into your pocket, and whatever blooms on the tree actually started out from you. If the government asks for an extra 20%, the roots are just going to have to go deeper!
I thought we did something like that in the Reagan years. Then Congress started fiddling with the rules and put us back into the jungle we are in now.
“it’s a sin to tax people on their labor”
Hmm. They are taxed on the fruits of their labor, not the labor itself.
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