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Author Topic: DUmmies discuss corporate taxation yet again  (Read 1798 times)

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Offline Ralph Wiggum

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DUmmies discuss corporate taxation yet again
« on: May 29, 2013, 02:33:37 PM »
Quote
SunSeeker (5,100 posts)

LA Times lies that average effective corporate tax rate is 27%

In a particularly creepy article by Jim Puzzanghera, entitled "Quiz: Do U.S. corporations pay too little in taxes?" Puzzanghera invites readers to take a "quiz" that could have been written be a Koch brother.

http://Http://www.latimes.com/business/la-fi-mo-quiz-20130528,0,3937955.story

It is basically designed to tell you that U.S. corporations are the most taxed in the developed world (that is the 1st question!). Then, to prove it, they lie. Question #4 asks "What is the average effective tax rate for U.S. corporations?" The choices are: 17%, 22%, 27%, or 32%. As any Google search would tell you ALL of those choices are wrong. It is 13.4% at best. The U. S. corporate tax burden is smaller than average for developed countries. http://Http://www.cbpp.org/cms/?fa=view&id=784. But the LA Times says you'd be wrong if you picked anything other than 27%.

Looks like Rupert Murdoch already bought the paper...

 :whatever: :whatever: :whatever:

Check out this link, DUmmies:

The 25 U.S. Corporations That Pay The Highest Taxes

ExxonMobil paid an effective 39% tax rate last year.
Chevron's rate was 43%.

There is more at the link.
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Offline I_B_Perky

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Re: DUmmies discuss corporate taxation yet again
« Reply #1 on: May 29, 2013, 07:41:52 PM »
Quote from: Ralph Wiggum on May 29, 2013, 02:33:37 PM
:whatever: :whatever: :whatever:

Check out this link, DUmmies:

The 25 U.S. Corporations That Pay The Highest Taxes

ExxonMobil paid an effective 39% tax rate last year.
Chevron's rate was 43%.

There is more at the link.

The truth is not the dummies strong point, Ralph. If it was they would all have to admit they are losers.   :cheersmate:
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Offline 98ZJUSMC

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Re: DUmmies discuss corporate taxation yet again
« Reply #2 on: May 30, 2013, 12:10:14 AM »
No.  The idiots merely wish a perception of reality.
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Offline diesel driver

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Re: DUmmies discuss corporate taxation yet again
« Reply #3 on: May 30, 2013, 05:17:46 AM »
All the answers are WRONG!!!

Corporations don't PAY TAXES, they merely collect them from us to pass on to Washington.
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Offline Dori

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Re: DUmmies discuss corporate taxation yet again
« Reply #4 on: May 30, 2013, 10:48:54 AM »
Quote from: diesel driver on May 30, 2013, 05:17:46 AM
All the answers are WRONG!!!

Corporations don't PAY TAXES, they merely collect them from us to pass on to Washington.

Exactly.  When will they ever figure that out?  The higher tax rate Corps pay the more the DUmmies will pay for goods and services.

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Offline JohnnyReb

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Re: DUmmies discuss corporate taxation yet again
« Reply #5 on: May 30, 2013, 11:16:28 AM »
Quote from: Dori on May 30, 2013, 10:48:54 AM
Exactly.  When will they ever figure that out?  The higher tax rate Corps pay the more the DUmmies will pay for goods and services.



....and the more jobs that go to places with cheaper labor and lower taxes.
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Offline thundley4

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Re: DUmmies discuss corporate taxation yet again
« Reply #6 on: May 30, 2013, 12:01:06 PM »
http://www.democraticunderground.com/10022921437
10 reasons so many people are moving to Texas.
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Offline Ralph Wiggum

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Re: DUmmies discuss corporate taxation yet again
« Reply #7 on: May 30, 2013, 01:00:12 PM »
Quote from: thundley4 on May 30, 2013, 12:01:06 PM
http://www.democraticunderground.com/10022921437
10 reasons so many people are moving to Texas.

From the thread you linked, graham4anything proved again that he's clearly insane:

Quote
graham4anything (9,416 posts)
29. Hillary will turn Texas blue in 2016, blue Gov., Texas house in 2016,and 2020 re-gerrymander it back

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Offline Hathcock

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Re: DUmmies discuss corporate taxation yet again
« Reply #8 on: May 30, 2013, 01:25:51 PM »
http://youtu.be/ja9gEW2r4jU
I love this explanation from Milton Friedman.
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