Richest 1% To Own More Than Other 99%

Cannuck

Time Out
Feb 2, 2006
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Corporations should not pay any taxes.

...and they don't. They just incorporate the taxes into the cost of their goods or service and pass it onto the consumer. If corporations paid zero taxes, their costs would drop as would their prices.
 

Walter

Hall of Fame Member
Jan 28, 2007
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...and they don't. They just incorporate the taxes into the cost of their goods or service and pass it onto the consumer. If corporations paid zero taxes, their costs would drop as would their prices.
You got another one right. They would also hire more people and invest more in R&D.
 

Walter

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Jan 28, 2007
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Only if there is a need. I wouldn't hire anybody and I don't spend anything on R&D if you don't count the Internet.
A corporation that wants to stay on top and make more money will invest in R&D.
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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A flat tax is advocated by many conservatives and Libertarians.


You got one right. Corporations should not pay any taxes.
They should in the U.S. The Supreme Court has held that corporations are persons and have rights under the Constitution and laws. They have the right to hold property, the right to freedom of speech and the press and religion, due process rights, the right to be secure against unresonable search and seizure, the whole shebang. So why shouldn't they pay taxes?
 

JLM

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Nov 27, 2008
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Yeah, but that includes 9 provinces and 3 territories that we have nothing to do with so much of the $4 trillion is a moot issue!

When you factor-in the gvt's future obligations like employee pensions, CPP, etc; that number increases dramatically

Absolutely, but that figure includes 20 year olds who will be contributing for the next 45 years.

You got another one right. They would also hire more people and invest more in R&D.

WTF is R & D?
 

Zipperfish

House Member
Apr 12, 2013
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Vancouver
A flat tax is advocated by many conservatives and Libertarians.


You got one right. Corporations should not pay any taxes.

This is rather silly. Don't company trucks use roads? Why should citizens subsidize corpoate use of roads. Don't hospitals treat workplace injuries? Why should the taxpayer subsidize corporate use of the medical system. Don't corpoations have use of the police? Why should taxpayers subsidize that?

Reddie me if you love Obama, Walter!!!!
 

Cannuck

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Feb 2, 2006
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This is rather silly. Don't company trucks use roads? Why should citizens subsidize corpoate use of roads. Don't hospitals treat workplace injuries? Why should the taxpayer subsidize corporate use of the medical system. Don't corpoations have use of the police? Why should taxpayers subsidize that?

Reddie me if you love Obama, Walter!!!!

Workers comp is one big fat corporate welfare scheme. It helps keep insurance costs low for companies that care little for worker safety and also protects them from litigation.
 

Walter

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Jan 28, 2007
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They should in the U.S. The Supreme Court has held that corporations are persons and have rights under the Constitution and laws. They have the right to hold property, the right to freedom of speech and the press and religion, due process rights, the right to be secure against unresonable search and seizure, the whole shebang. So why shouldn't they pay taxes?
Becuz it's redundant and they just pass the cost on to the buyer.
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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Becuz it's redundant and they just pass the cost on to the buyer.
Poor argument. First, it's not redundant. I know, you're operating under the assumption that all the corporation's property belongs to the shareholders. Sorry, that's just not true. Corporations can hold property separate from the shareholders.

Your second argument is done to death. Corporations (and non-corporate businesses) pass on ALL costs to the buyer. Saying corporations shouldn't pay taxes because "they pass on the costs" is like saying corporations shouldn't buy materials to make their products because they pass on the costs to consumers.
 

MHz

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Mar 16, 2007
41,030
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Red Deer AB
If that was the case there would be no 'sweat-shops'. Things are made as cheaply as possible so the shareholders don't have to spend all their money in order to take advantage of the 'fruit of the tree'. Only 1% of the ones that enter university use the education they get, the other 99% might as well have skipped it and just entered the normal workforce. The trick was to get them to fork over a lot of money so the 1% didn't have to pay the full cost of what their 'training' was actually worth.

Give the 1% a bill for $900M that they get to pay off over the next 40 years and see how fast that line gets real short.
 

Walter

Hall of Fame Member
Jan 28, 2007
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Poor argument. First, it's not redundant. I know, you're operating under the assumption that all the corporation's property belongs to the shareholders. Sorry, that's just not true. Corporations can hold property separate from the shareholders.

Your second argument is done to death. Corporations (and non-corporate businesses) pass on ALL costs to the buyer. Saying corporations shouldn't pay taxes because "they pass on the costs" is like saying corporations shouldn't buy materials to make their products because they pass on the costs to consumers.
You're daft. Corporations just pass the cost of the tax to their customers by raising the price of their products. In the end the consumer pays all taxes so why have all the extra bureaucracy.
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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You're daft. Corporations just pass the cost of the tax to their customers by raising the price of their products. In the end the consumer pays all taxes so why have all the extra bureaucracy.
And then competition kicks in and the competitor who charges the lowes price for comparable products wins.

What extra bureaucracy? How hard is the following tax form?

1. How much money did you make?

2. Send us 21 3/4%
 

Cannuck

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Feb 2, 2006
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Alberta
And then competition kicks in and the competitor who charges the lowes price for comparable products wins.

What extra bureaucracy? How hard is the following tax form?

1. How much money did you make?

2. Send us 21 3/4%

When you're like Wally and math is not a strength, that can be a very difficult row to hoe
 

MHz

Time Out
Mar 16, 2007
41,030
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Red Deer AB
If he does post 'Sic Em' and I can even the score one time.
Once you hit 100, and you will, it is almost like getting a science degree signed by Dex.

WTF is R & D?
Too much money, too few toys. Yet when the homeless and the hobbiests di it it is a bad thing even being less expensive by a factor of 10. When the raided me they took all the slidy things off my abacus. Oddly enough remembering the sound of the click was all it took to invoke some holographic slidy things and what with the less friction and throw distances being scopeable now it actually is somewhat faster and deeper. They left me a few business cards with some electronic addresses, . . . should I report this development or just let them know that binary brail is back in service?