Capitalism will save this world

Walter

Hall of Fame Member
Jan 28, 2007
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Corporations making billions (in the USA) pay a small token rate and nothing if they transfer profits offshore.. Trump and cronies essentially voided their income taxes. Before Trump, the effective rate they paid was under 25% (the marginal rate was 35%). After Trump messed with the tax, it is marginally 21% and effectively less than 11%.
Corporations do not pay taxes.
 

petros

The Central Scrutinizer
Nov 21, 2008
108,912
11,193
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Low Earth Orbit
Corporations making billions (in the USA) pay a small token rate and nothing if they transfer profits offshore.. Trump and cronies essentially voided their income taxes. Before Trump, the effective rate they paid was under 25% (the marginal rate was 35%). After Trump messed with the tax, it is marginally 21% and effectively less than 11%.
After paying dividends there isnt anything to move offshore or tax.
 

Cliffy

Standing Member
Nov 19, 2008
44,850
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Nakusp, BC
 

petros

The Central Scrutinizer
Nov 21, 2008
108,912
11,193
113
Low Earth Orbit
The machine that gives the money machine value is goods and services. Humans sell their goods, skills or labour to the highest bidder. It doesnt get any more free.

Motivated people unlike Cliff with no fortitude, confidence, personality, or intelligence can always find work to be able eat, have a home, raise children without suffering or they can piss it away, live in a camper in the woods drinking and doing dope but you will not starve or die from treatable maladies.

Discipline and mastering a skill sets even a ditch digger up. The most disciplined and skilled ditch digger will always make more and enjoy life more than the lazy undisciplined stoner with a shitty attitude.

-Peter G. Romanoff
 
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pgs

Hall of Fame Member
Nov 29, 2008
26,543
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B.C.
The machine that gives the money machine value is goods and services. Humans sell their goods, skills or labour to the highest bidder. It doesnt get any more free.

Motivated people unlike Cliff with no fortitude, confidence, personality, or intelligence can always find work to be able eat, have a home, raise children without suffering or they can piss it away, live in a camper in the woods drinking and doing dope but you will not starve or die from treatable maladies.

Discipline and mastering a skill sets even a ditch digger up. The most disciplined and skilled ditch digger will always make more and enjoy life more than the lazy undisciplined stoner with a shitty attitude.

-Peter G. Romanoff
Yes but to throw it all away and up and quit , yikes must be lots of demons inhabiting those closets .