Topic: Corporate Tax
Kevin's photo
Tue 11/08/22 10:11 PM
I am of the opinion that large corporates should be taxed more and government spending on healthcare and education, both primary and higher education should be increased.

Your views?

no photo
Wed 11/09/22 02:10 AM
I am of the opinion that large corporates should be taxed more and government spending on healthcare and education, both primary and higher education should be increased.

Your views?

That's a good and valid point, it will help the burden on other small businesses especially on debts.. plus also the citizens of regular earnings should be given a low tax benefits.. mean a category of list..

JulieABush's photo
Wed 11/09/22 03:26 AM
I agree we should do so since they seem to continue to make more money off us. Is this the same as up taxing the rich?

Kevin's photo
Wed 11/09/22 05:18 AM

I agree we should do so since they seem to continue to make more money off us. Is this the same as up taxing the rich?


The coinage of the term - "up taxing the rich" is so loaded with a sense of "pity" for the rich, which is absurd!
It is not so much about the rich, it is about the richest few - about 10% of the population.

JulieABush's photo
Wed 11/09/22 11:51 AM
It seems to me corporations in America are the government while those who are in the House and Senate are their puppets answering only to them when they pay them to do so. It wouldn’t be so bad if they would pay into the healthcare system and making donations to education no matter what level.

GravelRidgeBoy's photo
Wed 11/09/22 12:49 PM
All they would have to do is take out all the loopholes and give everyone a flat fee tax percentage. Back when I was in college we did a figure like that, it was about 2010 and we looked at the taxes and spending at the time. We figured it out to be if all businesses and people just paid 4% of their income then the government would have more then they needed and could start paying off the debt also. But too many companies are in the pockets of our government to do something this simple. They want the cooperate welfare and the income tax caps to increase their profits...

Mark's photo
Wed 11/09/22 04:04 PM
Corporate taxes will always be passed on to the consumer, while corporate tax cuts are funneled into C-suite salaries/bonuses via stock buybacks.

The only solution is taxing incomes, and now's a great time to remind folks that Bezos and Zuckerberg paid single digit tax rates last year, Bezos paid just over 1%.


no photo
Wed 11/09/22 09:51 PM
Edited by Unknow on Wed 11/09/22 10:31 PM

The only solution is taxing incomes, and now's a great time to remind folks that Bezos and Zuckerberg paid single digit tax rates last year, Bezos paid just over 1%.

And Trump? Taxing what exactly?

Kevin's photo
Thu 11/10/22 06:44 PM


The only solution is taxing incomes, and now's a great time to remind folks that Bezos and Zuckerberg paid single digit tax rates last year, Bezos paid just over 1%.

And Trump? Taxing what exactly?


Increasing corporate taxes and increasing government expenditure in health care and education

Rock's photo
Thu 11/10/22 07:52 PM
I'm all for taxation... So long as,
1. Taxation isn't used as as a punitive measure,
to "punish" success. 2. Taxation can't increase
above a certain percentage of income, EVER.
3. All persons, businesses, corporate entities, be
taxed at the same percentage rate across the board.
No exemptions, no exceptions.


By the way, the NFL, possibly the biggest tax
deadbeats in U.S. history, have held 'Tax Exempt'
status, since 1966. Make those muthaf'kers pay
their fair share too.

no photo
Thu 11/10/22 09:35 PM


The only solution is taxing incomes, and now's a great time to remind folks that Bezos and Zuckerberg paid single digit tax rates last year, Bezos paid just over 1%.

And Trump? Taxing what exactly?

I mean how were they able to claim so low net taxable income?

Bart's photo
Fri 11/11/22 05:25 AM
Edited by Bart on Fri 11/11/22 05:27 AM

I'm all for taxation... So long as,
1. Taxation isn't used as as a punitive measure,
to "punish" success. 2. Taxation can't increase
above a certain percentage of income, EVER.
3. All persons, businesses, corporate entities, be
taxed at the same percentage rate across the board.
No exemptions, no exceptions.


By the way, the NFL, possibly the biggest tax
deadbeats in U.S. history, have held 'Tax Exempt'
status, since 1966. Make those muthaf'kers pay
their fair share too.

I agree 100%. Why do our law makers always make these systems so complicated. I guess common sense plans make it hard to cheat and manipulate the systems we have. Kind of like our voting systems , the simpler would be better. Other than absentee ballots we should have 1 day of in person voting. Period…. I didn’t know about the NFL not paying. Thanks for pointing that out.

Mr Good Guy's photo
Fri 11/11/22 08:52 AM
Not a tax expert here but I've always wondered why we don't have either a flat tax type system or a user type system on goods. In other words, EVERYONE pays the same rate based on their incomes. Yes, that means the "poor" pay X percent AND Jeff Besos pays the same X percent. EVERYONE should have skin in the game at all levels.

OR, no (or low) income tax but (much?) higher taxes on all goods at all levels. That way, the drug dealer is paying his taxes when he buys his Ferrari's, boats, Lambo's, jets, etc. Basically, add (25-30%?) to EVERYTHING and forget the whole filing taxes, keep all your income to help pay for the increase in prices, and call it a day.

Who knows, but the current system is downright stupid and unnecessarily complicated for everyone.


Mark's photo
Tue 11/15/22 04:36 PM
Edited by Mark on Tue 11/15/22 04:39 PM
Milton Friedman proposed a flat 15% tax, which would be perfect.

The problem is that the wealthy can create write-off's the rest have no access to.

Either by strategically purchasing equipment, taking end of year losses, utilizing tax exempt investments or off-shoring money.

Friedman proposed a flat tax, opponents complained 15% would be dramatically lower than rates at the time, until Friedman pointed out that high income effective rates were often in the single digits due to write-off's and legal tax dodges.

Again, Bezos paid 1% last year, that's insane, we should at least have a tax minimum for incomes above median.

We should also revamp the corporate tax system, based on % of jobs here in the U.S. proportional to profit, as well as taxing profit margins to encourage lower end prices as well as high domestic vs foreign employment.

Kevin's photo
Tue 11/15/22 07:30 PM
Taxation ought to be based on the simple logic of the wealth generated by ones disposable income. Other factors like the exploitation of natural resources including human resources, collateral damage to these resources should also be accounted for by the corporates.

JulieABush's photo
Wed 11/16/22 03:14 AM
Once there was the idea floating around for a flat tax. What are your thoughts on that?

no photo
Wed 11/16/22 06:22 AM
Once there was the idea floating around for a flat tax. What are your thoughts on that?

Flat tax to all or just in business sector.. both will harm citizens too.
important is transparency an (no black white chess)..
The whole policy itself is a corrupt if you see..

Kevin's photo
Wed 11/16/22 08:07 PM

Once there was the idea floating around for a flat tax. What are your thoughts on that?


This concept of flat tax was rolled in by the large corporates! It is not just flawed, it is meant to rob the people, nation/state. How can taxes be flat or equal, when their resources and earnings are so very disproportionate to the rest of the people?

no photo
Thu 11/17/22 11:51 PM
Corporate Tax Rate Hike Would Promote Tax Fairness, Fund Key Priorities