Democrats and Republicans Are Quietly Planning a Corporate Giveaway — to the Tune of $400 Billion
- Thread starter Padawanbater2
- Start date
ThickStemz
Well-Known Member
But you're not dispelling.
At best your presenting some counter evidence to such a claim. It isn't dispositive.
I think we could both agree there are a lot of moving pieces to this in real life. Out of all those pieces you have two.
NLXSK1
Well-Known Member
Because of inflation.Then why do prices rise;
As corporate tax rates fall?;
According to you, the opposite should happen. As corporate tax rates fall, prices should fall accordingly, right?
Padawanbater2
Well-Known Member
There's the rate of inflation. The single biggest spike is mid 70s-early 80s since the 1950s.
If inflation is the cause of rising prices while we simultaneously decrease corporate tax rates, why does the CPI continue to rise as inflation falls?;
ThickStemz
Well-Known Member
The graph you chose to illustrate inflation is woefully flawed for the comparison you're trying to use it for.
There's the rate of inflation. The single biggest spike is mid 70s-early 80s since the 1950s.
If inflation is the cause of rising prices while we simultaneously decrease corporate tax rates, why does the CPI continue to rise as inflation falls?;
How so?
You're showing it as a line chart. That is a good way to depict what the inflation rate is for anyone year. But inflation is not unlike interest.
It compounds.
If I have 1000 dollars and this year inflation is 10% then I will need 1100 dollars to have the same purchasing power. The next year's inflation will be based on a valuation of 1100 dollars for this comparison.
It compounds, in other words.
Your chart there doesn't depict this impact and therefor is deceptive in its visual effects.
Padawanbater2
Well-Known Member
Post a graph of the US inflation rate you think would be better for this comparison
UncleBuck
Well-Known Member
good job. his only choice now is to provide a graph that still disproves his own retarded fox news gospel.
Padawanbater2
Well-Known Member
Why would both, establishment Republicans and establishment Democrats in our government support this?
What do establishment Republicans and establishment Democrats have in common?
This is the 2008 and 2012 election cycle political campaign donations for each candidate;
Ask yourself why an entire industry would donate money to both Democrats and Republicans during a presidential cycle? Do you think a couple hundred million in legal bribes is anything to them compared to the $400 billion return on investment they'll get through this corporate tax forgiveness deal?
If they don't pay their taxes, that means we all pick up their slack, and both of our major political parties are on the side of corporations and against the American people
What do establishment Republicans and establishment Democrats have in common?
This is the 2008 and 2012 election cycle political campaign donations for each candidate;
Ask yourself why an entire industry would donate money to both Democrats and Republicans during a presidential cycle? Do you think a couple hundred million in legal bribes is anything to them compared to the $400 billion return on investment they'll get through this corporate tax forgiveness deal?
If they don't pay their taxes, that means we all pick up their slack, and both of our major political parties are on the side of corporations and against the American people
ThickStemz
Well-Known Member
It doesn't matter that we have a graph.
With interest rates one has to thing three dimensional, not two dimensional.
Padawanbater2
Well-Known Member
-Evidence-
"Your evidence is wrong"
"OK, so post better evidence"
"The evidence doesn't matter"
...
"Your evidence is wrong"
"OK, so post better evidence"
"The evidence doesn't matter"
...
ThickStemz
Well-Known Member
Are you that thick?-Evidence-
"Your evidence is wrong"
"OK, so post better evidence"
"The evidence doesn't matter"
...
Surely you understand how compound interest works.
Inflation is the same thing. It stacks year on top of year.
Where the tax rate is a single year metric.
And there is more to pricing and inflation than just tax rates.
Padawanbater2
Well-Known Member
Then post the data/statistics/graphs/charts that shows this
ThickStemz
Well-Known Member
I just did. It's a logical point. Inflation compounds.
A corporation isn't impacted this year by what it's taxes were 10 years ago.
An economy is effected this year becuase of the inflation that took place 10 years ago. That inflation lingers, in effect, and although the inflation rate might be different this year, inflation rates build upon each other year after year.
UncleBuck
Well-Known Member
then why are you having such a hard time posting a graph or chart showing how it compounds?
LOL
i know why you refuse to post it.
Bernie Sanders.
are you implying corporations PAY taxes?
actually that depends if you are talking gross profit or net profit.
not all profit is the same and the way you've presented is misleading.
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UncleBuck
Well-Known Member
yet you blame all of life's problems on democrats (whenever you are not too busy blaming black people for those problems).
NLXSK1
Well-Known Member
Gross profit = revenue - cost of goods sold (including taxes)
Net profit ($) = Sales revenue ($) - Total costs ($) (including taxes)
This is gonna blow your mind sweetie... It doesnt matter how much a company makes. It doesnt even matter if a company loses money.
The customer pays 100% of the taxes....
A company brings in 100,000,000 dollars in revenue ( THIS IS THE CUSTOMER'S MONEY) It costs 50,000,000 in cost of goods sold = a net profit of 50,000,000 yes, 50 million dollars (still the customer's money) and is taxed at 30% resulting in 15,000,000 in taxes (still the customer's money)....
An easy way of thinking of this is imagining in your mind people sitting around a table. There is the corporation, the government and the customer. The only person at the table with money is the customer. You can phrase it any way you want but the only person that is paying is the only person at the table with money.
What is occuring is that you are seeing reality after being told something different all your life and it is clashing with your ideology.