on July 27, 2010 by admin in Constitution, money, Uncategorized, Comments Off
‘Red Scares’
On 7/27/2010 7:06 PM, Michael Coburn wrote:
> On Tue, 27 Jul 2010 15:31:48 -0700, Larry G wrote:
>
>> On Jul 27, 1:36 pm, Michael Coburn
>>> On Tue, 27 Jul 2010 10:34:32 -0400, Beam Me Up Scotty wrote:
>>>
>>>
>>>
>>>
>>>
>>>> On 7/27/2010 12:51 AM, Michael Coburn wrote:
>>>>> On Mon, 26 Jul 2010 23:53:39 -0400, Beam Me Up Scotty wrote:
>>>
>>>>>> On 7/26/2010 9:28 PM, Michael Coburn wrote:
>>>>>>> On Mon, 26 Jul 2010 15:22:47 -0700, Larry G wrote:
>>>
>>>>>>>> On Jul 25, 9:27 pm, Dave Head
>>>>>>>>> On Sun, 25 Jul 2010 20:13:26 -0500, “bugo”
>>>>>>>>> wrote:
>>>>>>>>>> “Dave Head”
>>>>>>>>>> news:bhnp46teki6ftfe9lco9p88sg7a567u28m @&*$?%4ax.com…
>>>>>>>>>>> The Fair Tax is applied as a sales tax on new items and
>>>>>>>>>>> services sold at retail. Things sold at wholesale, or for use
>>>>>>>>>>> in commerce, are not taxed. So, Farmer Brown’s seed stock for
>>>>>>>>>>> the year is not taxed, nor is his tractor. The corn you buy
>>>>>>>>>>> from him is taxed since it is sold to you at retail. Every
>>>>>>>>>>> new item and every service, save one, is taxed. The only
>>>>>>>>>>> service not taxed is tuition.
>>>
>>>>>>>>>> So corporations get off scot-free.
>>>
>>>>>>>>> They always have. No corporation has ever paid a penny of tax.
>>>>>>>>> They’ve just passed that expense along to the rest of us who buy
>>>>>>>>> their products, and we pay it. THe corporation simply ends up
>>>>>>>>> being a tax collector, to the detriment of Ameican industrial
>>>>>>>>> competitiveness.
>>>
>>>>>>>>>> No wonder why you corporate-loving Repubs like it so much.
>>>
>>>>>>>>> Why would you not be “corporate-loving.” Where else do you
>>>>>>>>> think you’re going to get the good jobs to raise people out of
>>>>>>>>> poverty?
>>>
>>>>>>>>>> In your distorted world, corporations can do no wrong.
>>>
>>>>>>>>> Didn’t say that, but that’s no reason to hate them all because
>>>>>>>>> some of them do really nasty stuff.
>>>
>>>>>>>> corps just pass on the taxes to the customers… that’s true.
>>>
>>>>>>> Nope.
>>>
>>>>>> Explain what source the corporation’s tax money comes from if it
>>>>>> isn’t coming from the customer.
>>>
>>>>> The increased payments to the government are taken from what would
>>>>> have been paid out as dividends and/or the value of the stock takes
>>>>> a hit. IN
>>>
>>>> This would be a confession that *taxes kill growth* and the
>>>> *business* *shrinks* as the value of the company takes a hit from
>>>> higher taxes?
>>>
>>> That is, of course, a lie. It is a fact that taxes will not “kill
>>> growth” if properly applied. Even in the current system the value of
>>> LARGE companies take a greater hit than small companies from increases
>>> in corporate tax rates.
>>>
>>>> Which means your past Leftist rhetoric about taxes helping business
>>>> and consumers was a lie.
>>>
>>> It means that you will now resort to lying about what I have said. I
>>> have said that the actual burden of the tax depends on elasticicities
>>> and on how the proceeds of the tax are applied.
>>>
>>>> The problem with your assumption is that the people running the
>>>> business cut their overhead(usually trim labor costs) to offset the
>>>> new taxes. That in turn hurts the workers and the consumers that may
>>>> see the new tax partly passed on in the higher price. Cut a little
>>>> raise the price a little, and the corporation stays competitive and
>>>> doesn’t take a hit.
>>>
>>> You just repeat the same pig s&*$?%t over and over again. And the _FACT_
>>> is that if the company could get along with less labor expense and/or
>>> charging consumers more then that is what the profit maximizing
>>> corporation would have done _ALREADY_. The companies are not “waiting”
>>> for a tax increase to _allow_ profit maximization. That claim is
>>> ludicrous.
>>>
>>>>> either case, the corporation eats the tax and the customers pay the
>>>>> same amount as before for the same product or service.
>>>
>>>> You never ran a successful business!
>>>
>>> I ran my own business for 30 years, liar.
>>>
>>> –
>>> “Senate rules don’t trump the Constitution”
>>> –http://GreaterVoice.org/60
>>
>> despite what some think – taxes don’t go into a black hole and exit the
>> economy.
>>
>> Taxes pay people for work. It buys infrastructure and durable things
>> like vehicles and buildings… and humvees and body armor.
>>
>> ALL of these things put money back into the economy.
>>
>> The basic argument is – should we tax people to pay for body armor or
>> should we let people keep that money and spend it on a big screen TV?
>>
>> the narrative that taxes “destroy” the economy is more BS from those who
>> just don’t like the idea of taxes.
>
> Yup.
What product does a government employee produce?
GDP refers to “Producing”
The economy is measured by it being productive.
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