Posted on 01/27/2023 2:11:10 PM PST by Golden Eagle
Trump screwed up here. He has been losing for the last year
Yup
Waking up to Romney’s niece is a nightmare
Trump also said he thought McDaniel did a great job as Chair. Sounds like support to me.
I don’t think that is correct.
I think he is working on the theory that he has so far done very well with McCarthy and hopes to do the same with her.
My own opinion is that McCarthy is so corrupted by his mad ambition to become president that he can be managed to a degree. I doubt that she can be managed in the same manner.
You really do not understand corporate finance.
There is no such thing as corporate income tax. That might be its name, but it is not its game. Its game is to money launder a tax on the people.
Corporations look at taxes as a cost of doing business, just the same as the electric bill, the steel bill or purchasing new equipment.
They can not borrow nor sell stock unless they show a profit and pass that on to their stockholders, either in the form of a dividend or an attractive growth rate in their stock value.
I was clearly not talking about corporate taxes that are generally paid for by the customer when services or goods are purchased, I’m talking about the personal income of billionaires on money earned and deposited into their personal accounts. They generally don’t pay jack on it, compared to the average Joe.
A national sales tax would help end that when they decide to buy their next luxury item for personal use, as well as other purchases. The only one confused was obviously you. Or it was a poorly conceived and executed diversion.
Do you remember what happened to the tea party? They won in with the best of intentions and to congress and 1 by 1 they were co-opted and corrupted by insiders in their own party and from outside by the government the deep state. I fear trump is on the same road
Davos
I was clearly not talking about corporate taxes that are generally paid for by the customer when services or goods are purchased, I’m talking about the personal income of billionaires on money earned and deposited into their personal accounts. They generally don’t pay jack on it, compared to the average Joe.
First, it is none of your or my business what the corporation pays its CEO. That is a matter to be decided by the stockholders and board.
And where do you get the idea that a corporation can pay its CEO and not pay income tax on that money? Tell me how.
Most people that are really rich get rich from decisions they make after they take their money home.
If you own stock in the company and are incensed abut his pay, the solution is to sell the stock and purchase stock in a company managed more to your taste.
The second point is that I suspect you have no idea what the CEO of XXX company does with his money. Your criticism of CEO’s in general is without merit unless you have the tax returns for each of them and the ability to track each and every investment they made during the period in question.
However, in general it can be said that almost all tax free investments are available because the government wants the investor to invest in certain areas.
The best example, but not a recombination, is municipal bonds. They are zero or minimum taxed because municipalities float so many of their major projects with the sale of bonds....water treatment plants, sewage, schools buildings, etc.
I care not if Podunk, Kansas drinks clean water or sewage and would never give it a thought except that they have muni’s.
However they are high risk just as all investments are, only different because of their inverse value based on interest rates and other factors.
The same investments are available to you.
By the way, why don’t we have $2.00 gas today?
By the way, why don’t we have $2.00 gas today?
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Heck as a youngster growing up I pumped many a gallon
of gasoline for 25-30 cents per gallon.
LOL you act like this is some sort of secret undiscovered territory, that only the appointed are allowed to discuss, and that multinational free traitor CEO's should remain a protected class. Forget it. The tax records of the super wealthy have been leaking for decades, and it's well known they are gaming the system, via loopholes and other advantages only they can qualify for, so you can stop with the holier than thou soapbox.
It's long past time for a newer, flatter, fairer tax system be considered, determined, and implemented. It won't be easy, as the bankers in control set up the current ridiculous system, on purpose, for their own personal advantage, but average everyday people are getting quite sick of our wannabe overlords. And that distrust, and displeasure, is only going to grow.
The only thing you have said that makes sense is that we need a national sales tax and do away with the system we now have. I have said so for years.
But realistically, if that were to be the law, you would be one of the first to claim you should not have to pay as much as that rich guy and thus would start all of the gimmicks we have today in our tax system Farmers would get this, manufacturing would get that, people making more or less that whatever would get their tax breaks.
A national sales tax should be the same for everyone, whether you are buying a million dollar Derby horse or a bicycle.
However the present system exists because too many people think “the government needs to do something”.
The government is who/what has screwed up the financial system and the federal reserve is probably at the root of it.
As for my (what you believe to be weird) theories, I remind you that regardless of short term escape from reality, money follows laws that are as powerful and as irresistible as gravity, and as a result money always chases the best return.
The CEO’s you rant over are there because they give the stockholders and their customers the best value.And as for their personal taxes, why wouldn’t any sane person attempt to invest his money in a way that he gets the most return and at the same time the most protection from the thieves in DC? He earned it, paid income tax on it and is within his legal rights to keep all that he can from thieves.
No, once again, you're completely wrong, and falsely projecting insults at me once again as well. All I ever said is we need a flat tax, so that everyone is taxed at an equal level, based on their spending, so rich people can't use all their tricks to get away with paying less than everyone else as a percentage, which is a well known fact.
That apparently upset you so much you felt you had to come in here attacking me by falsely claiming that I didn't understand basic corporate taxes, which was not only wrong, but a complete red herring to the discussion at hand.
You're still trying to take the discussion out into left field, regarding the Federal Reserve and who knows what next, but I'll just consider the matter closed, since you finally, begrudgingly, admitted (or now claim that) you actually agree with me that a national sales tax would be better than what we have now, and supposedly have even felt that way for years. Ok whatever.
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