That's completely idiotic.


"I don't buy groceries for my family and pay all of the bills...my employer does."

"Really, officer, I didn't buy those drugs you found on me...my employer did!"

It must've been a juco class, huh?

The consumer pays the tax one way or another.

I have a Masters Degree in Business Management.
It is far from idiotic.
You are demonstrating your ignorance to business economics.
You're grasping at straws.

Not if a corporation charges too much for ther product, they don't.

Can you point out how my comparison was inaccurate?

Any taxes levied on good or services provided by a company are then applied in to said fee for goods or services.
No company pays taxes. The taxes are passed onto the consumer within the price of the product.
Then you get to pay sales or luxury taxes on top of that.

Stick it to the corporations.
It'll just get passed onto the consumer.

This is what I do for a living.
You're in my territory now.
I'm on the pricing advisory board for a large corporation.

I'm advocating starting with corporations. Close the loopholes, and penalize heavily for corporations that earn windfall profits off the backs of the middle class and don't give back to the people on which they do it. Doling out 3% paying increases and sending 10 to 15 million jobs overseas in favor of unrealistic profit expectations by WALL STREET GREED should be unacceptable. End the day's of the corporate attitude that "you're lucky you have a job" and force them to value their employees more than the sharholders.

You're absolutely correct about TORT Reform. It would be a start to stemming the rising costs. We also have to do something about the uninsured. I think McCain's health care plan is a terrible idea giving businesses the opportunity to opt-out of health care insurance would cause millions to lose their current coverage further driving up costs. We've already seen how well that has worked out when businesses were given the opportunity to easily send jobs overseas without penalty. They chose profit of what's best for the country every time. What do you think of McCain's health care plan?

Want2Stay

Yep and they will also lay off employees.


If obama wins, we are going to have a massive layoff here and replace them with automation, in which I'm already in charge of.

I've been taking notes of bumper stickers.

*giggles*

But what is too much? Some people have no problem paying $50 for a pair of underwear. Some people will buy something no matter how much it costs. It also depends on the product. People don't stop buying milk or bread when it goes up but you are going to tax the supermarket more?

If a company goes under or lays off staff for whatever reason, the government isn't getting as much payroll taxes anymore and has to pay out unemployment benefits.

I agree!! No loopholes for anyone ever...for any reason! Flat tax across the board for EVERYONE.

They take the % out of every check then no one files taxes at the end of the year.

Same for Corporations....% to be paid quarterly with on earnings NO exceptions.

Try getting Exxon Mobile making $10 billion profit a quarter to agree to that. You'd have a better chance of nailing jello to a wall.

Want2Stay

I think most, if not ALL of us agree that the current situation we are in is because of BOTH POLITCAL PARTIES. Neither one is totally at fault here, the blame should be distributed equally.

I say we REVOLT and throw them ALL out of OFFICE .....

With the individual, this wouldn't be hard. But when dealing with a corporation it's not that simple. Most companies already file quarterly estimated payments but the return is annual. Depending on the corporate structure this would be more difficult to implement.

Want.....how much in taxes does Exxon pay in taxes every year?

Any idea?

Over $35 billion.
And that's just in the US.

So now what??? Exxon is paying at a 40% tax rate and you want to increase corporate taxes more. Are they NOT paying their fair share?? If not, at what % would they??

Do away with the return each year. They pay taxes on the quarterly amount then and there.

I thought they paid nothing! :MrEEk: Well maybe the problem is it just wasn't enough; they should have paid $45 billion. Like it's ever going to be enough. LOL

You may do this for a living, but what you are saying is still idiotic.

Companies do pay taxes. They may try to pass the cost to consumers, but consumers have the right to not buy the product. In which case the company's efforts to pass the cost to the consumer will fail. Duh.

AGG

They didn't pay the taxes...they collected them at the pump...and they will collect any increase at the pump as well.

Stupid, stupid liberals. The truly is basic stuff.

BTW, a flat tax is a great idea.

And, then, no more welfare...no more handouts to able bodied people...let them learn, earn and contribute to society.