Check out our brand new Local Poker Communities! Get updates and interact with poker players in your area.
Visit the United States Poker Community | Visit the California Poker Community | Read more about the Launch of P5s Local

I paid more taxes in 2010 than GE, Bank of American, and Citibank combined.

Reply to Thread
Page 1 of 21 2
  1. FourFives FourFives is offline

    Tacoma, WA
    United States

    Posts: 1,124
    Joined: Jul 05

    Feb 15th, 2011 (2/15/2011 12:07am)

    And you probably did too.

  2. resilient resilient is offline

    Vanuatu

    Posts: 21,619
    Joined: Nov 06

    Feb 15th, 2011 (2/15/2011 12:13am) in reply to FourFives

     
  3. BadAllergies BadAllergies is offline

    IL
    United States

    Posts: 2,313
    Joined: Aug 08

    Feb 15th, 2011 (2/15/2011 12:13am) in reply to resilient

    I wonder if their employees paid taxes?
  4. ccm ccm is offline

    Vancouver
    Canada

    Posts: 3,629
    Joined: Mar 06

    Feb 15th, 2011 (2/15/2011 12:14am) in reply to BadAllergies

    you probably created more jobs that resulted in tens of millions getting paid to the gov't too!
  5. FourFives FourFives is offline

    Tacoma, WA
    United States

    Posts: 1,124
    Joined: Jul 05

    Feb 15th, 2011 (2/15/2011 12:17am) in reply to ccm

     
    Originally Posted by ccmdsn View Post

    you probably created more jobs that resulted in tens of millions getting paid to the gov't too!

    So my company should pay more taxes that GE becuase it created less jobs?
    Thread Starter
  6. Pghfan987 Pghfan987 is offline

    Costa Rica

    Posts: 9,665
    Joined: May 08

    Feb 15th, 2011 (2/15/2011 12:17am) in reply to FourFives

     
    Originally Posted by FourFives View Post

    And you probably did too.

    You're not a corporation ... you didn't pay more taxes (most likely) than their higher ranking employees.
    660 1
  7. emcee21 emcee21 is offline

    Orlando, FL
    United States

    Posts: 15,891
    Joined: Feb 06

    Feb 15th, 2011 (2/15/2011 12:19am) in reply to Pghfan987

    Why does she have to approach this in the most intellectually dishonest way possible? The POTUS already characterized this issue in the state of the union - simplify the tax code, get rid of breaks and subsidies, when you're done you may very well be able to lower the overall rate, not to mention have a more fair, coherent, transparent fiscal policy. The fact that it's even possible for us have to legitimate disagreements about whether corporations are paying 35% or 0% in taxes is evidence enough that the system is convoluted and should be destined for the scrap heap.
  8. XquiziVex XquiziVex is offline

    French Polynesia

    Posts: 5,746
    Joined: May 07

    Feb 15th, 2011 (2/15/2011 12:20am) in reply to emcee21

    Why 00.00?

    If she had used 00000000000000.00 it would have probably drawn more ire.
  9. ginwilly ginwilly is offline

    Dublin, GA
    United States

    Posts: 8,167
    Joined: Jan 06

    Feb 15th, 2011 (2/15/2011 12:53am) in reply to XquiziVex

    GE is the new Halliburton. We'll be subsidizing light bulbs for years.

    Comparing GE to OPEC may be premature but you can see it heading that way.
  10. saxman saxman is online now

    Posts: 14,155
    Joined: Mar 06

    Feb 15th, 2011 (2/15/2011 12:56am) in reply to ginwilly

    interesting comparison ginwilly - GE just bought a British company that is in the oil services space. They must agree with you lol.
  11. BigJohn804 BigJohn804 is offline

    Midlothian, VA
    United States

    Posts: 3,735
    Joined: Feb 06

    Feb 15th, 2011 (2/15/2011 12:59am) in reply to FourFives

    what could be better than another thread that will be filled with people who don't understand taxation talking about it?
  12. Dyzalot Dyzalot is offline

    Candia, NH
    United States

    Posts: 14,472
    Joined: May 05

    Feb 15th, 2011 (2/15/2011 2:37am) in reply to BigJohn804

    When it comes to taxation, corporate tax is one of the worst. It basically amounts to a tax on everyone that is already being taxed, employees, shareholders and consumers. Politicians like it though since it seems like you are doing something for "the little guy" while putting it to those "evil" corporations. What they fail to mention is that in the process "the little guy" gets screwed both as an employee of these companies and as a consumer. You think it really helps poor people to be taxing Walmart, helping to cause higher prices and lower wages? Don't the people getting rich off of these companies already pay much higher taxes than the poor? I guess I just don't understand who exctly we are taxing that isn't already taxed, except maybe poor people, by having corporate taxes.
     3
  13. emcee21 emcee21 is offline

    Orlando, FL
    United States

    Posts: 15,891
    Joined: Feb 06

    Feb 15th, 2011 (2/15/2011 2:42am) in reply to Dyzalot

     
    Originally Posted by Dyzalot View Post

    I guess I just don't understand who exctly we are taxing that isn't already taxed, except maybe poor people, by having corporate taxes.

    Foreign stockholders?
  14. Dyzalot Dyzalot is offline

    Candia, NH
    United States

    Posts: 14,472
    Joined: May 05

    Feb 15th, 2011 (2/15/2011 2:47am) in reply to emcee21

     
    Originally Posted by emcee21 View Post

    Foreign stockholders?

    Right, we aren't taxing them. Forgot that we have the right to tax anyone in the world no matter if another country is taxing them or not.
     3
  15. Oh Rale Oh Rale is offline

    United States

    Posts: 4,043
    Joined: Aug 05

    Feb 15th, 2011 (2/15/2011 2:48am) in reply to Dyzalot

  16. tkeat1653 tkeat1653 is offline

    Philadelphia, PA
    United States

    Posts: 6,347
    Joined: Jun 06

    Feb 15th, 2011 (2/15/2011 2:50am) in reply to FourFives

    I saw the title and figured it was a Niptuck thread.

    I was shocked letmetellyou.
  17. skisteve skisteve is offline 2008-2009 Thread Killer Champ

    French Polynesia

    Posts: 30,452
    Joined: Jul 06

    Feb 15th, 2011 (2/15/2011 2:58am) in reply to tkeat1653

    Cool source brah.
  18. unta unta is offline

    Tempe, AZ
    United States

    Posts: 568
    Joined: Mar 06

    Feb 15th, 2011 (2/15/2011 5:46am) in reply to skisteve

    Rachel Maddow is a lunatic
     
  19. budo09 budo09 is offline

    Washington, DC
    United States

    Posts: 5,685
    Joined: Mar 09

    Feb 15th, 2011 (2/15/2011 5:54am) in reply to unta

     
    Originally Posted by unta View Post

    Rachel Maddow is a lunatic

    You watch the video?
  20. Bonestein Bonestein is offline

    Canada

    Posts: 1,378
    Joined: Dec 05

    Feb 15th, 2011 (2/15/2011 6:26am) in reply to budo09

    Awesome that they forget that as a public corporation, the shareholders in fact pay significant taxes on the gains in the value of their investment in these big companies (driven by earnings). It's not like the taxes the corps don't pay go into management and BOD's pockets.
  21. budo09 budo09 is offline

    Washington, DC
    United States

    Posts: 5,685
    Joined: Mar 09

    Feb 15th, 2011 (2/15/2011 6:31am) in reply to Bonestein

    if by significant you mean way lower than their normal rate, yes.
  22. warden warden is offline

    Tucson, AZ
    United States

    Posts: 15,529
    Joined: Apr 06

    Feb 15th, 2011 (2/15/2011 6:39am) in reply to budo09

    what do you mean by "normal rate"?
     2
  23. Bonestein Bonestein is offline

    Canada

    Posts: 1,378
    Joined: Dec 05

    Feb 15th, 2011 (2/15/2011 6:42am) in reply to warden

    And how much is "way lower"? And are we sure they aren't just deferring taxes, not avoiding paying any tax ever? They mentioned that these companies did have earnings, so I don't know... I'm just not sure it's as simple as they are making it out to be.
  24. budo09 budo09 is offline

    Washington, DC
    United States

    Posts: 5,685
    Joined: Mar 09

    Feb 15th, 2011 (2/15/2011 6:47am) in reply to warden

    Poor word choice I suppose MTR v. CGR
  25. Passiveplay Passiveplay is offline

    Erlanger, KY
    United States

    Posts: 1,249
    Joined: Nov 05

    Feb 15th, 2011 (2/15/2011 6:50am) in reply to budo09

    I question the validity of a slanted cable news program when they report anything. But if this were true, the fact that they create jobs is a BS excuse for not paying taxes.
     
  26. Dyzalot Dyzalot is offline

    Candia, NH
    United States

    Posts: 14,472
    Joined: May 05

    Feb 15th, 2011 (2/15/2011 7:31am) in reply to Passiveplay

     
    Originally Posted by Passiveplay View Post

    I question the validity of a slanted cable news program when they report anything. But if this were true, the fact that they create jobs is a BS excuse for not paying taxes.

    Who's not paying taxes?
     3
  27. time4badbeat time4badbeat is offline

    WI
    United States

    Posts: 4,550
    Joined: Nov 06

    Feb 15th, 2011 (2/15/2011 1:27pm) in reply to Dyzalot

     
    Originally Posted by Dyzalot View Post

    When it comes to taxation, corporate tax is one of the worst. It basically amounts to a tax on everyone that is already being taxed, employees, shareholders and consumers. Politicians like it though since it seems like you are doing something for "the little guy" while putting it to those "evil" corporations. What they fail to mention is that in the process "the little guy" gets screwed both as an employee of these companies and as a consumer. You think it really helps poor people to be taxing Walmart, helping to cause higher prices and lower wages? Don't the people getting rich off of these companies already pay much higher taxes than the poor? I guess I just don't understand who exctly we are taxing that isn't already taxed, except maybe poor people, by having corporate taxes.

    Exactly this, I think the corporate tax rate should be zero. If they want to make it up somehow or some way, increase the capital gains tax rate.
     
  28. Unforseen Unforseen is offline

    Posts: 7,624
    Joined: Feb 06

    Feb 15th, 2011 (2/15/2011 1:35pm) in reply to time4badbeat

     
    Originally Posted by time4badbeat View Post

    Exactly this, I think the corporate tax rate should be zero. If they want to make it up somehow or some way, increase the capital gains tax rate.

    You got something wrong there. The cap gains tax should be 0 as it boosts spending and economic growth. I don't know if corp tax rate should be 0 tho
  29. jdbunchOSU jdbunchOSU is offline

    Weatherford, OK
    United States

    Posts: 1,103
    Joined: May 07

    Feb 15th, 2011 (2/15/2011 2:49pm) in reply to Unforseen

    I love at the beginning how she points out that the tax cut most people got, but she doesn't say that it was 2% of payroll taxes coming out of SS/medicare (two already straining social programs). Please Rachael...please don't point out the negative in that tax cut. Cause technically it's a total of a 4% loss cause that's another 2% that corporations aren't paying on payroll taxes.
  30. ugain2004 ugain2004 is offline

    GA
    United States

    Posts: 474
    Joined: Mar 10

    Feb 15th, 2011 (2/15/2011 3:26pm) in reply to jdbunchOSU

     
    Originally Posted by jdbunchOSU View Post

    I love at the beginning how she points out that the tax cut most people got, but she doesn't say that it was 2% of payroll taxes coming out of SS/medicare (two already straining social programs). Please Rachael...please don't point out the negative in that tax cut. Cause technically it's a total of a 4% loss cause that's another 2% that corporations aren't paying on payroll taxes.

    You may want to check facts before you keep bashing people. The 2% does not apply to the employer side of SS. Study harder.
Reply to Thread
Page 1 of 21 2

Similar Threads