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Is it really our Government now?
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Jan 18, 2015 18:25:44   #
PoppaGringo Loc: Muslim City, Mexifornia, B.R.
 
rolse wrote:
Their customers! Can't you read? The ONLY source of income for a corporation (or any other business) is from the proceeds from the sale of their product or service; the money YOU pay if YOU buy what they are selling. Only the Federal Reserve corporation can legally print money. (really a money substitute) ALL expenses of the business, including taxes, are paid from the receipts from sales. What is left over, if any, is gross profit. A corporation as a "person" is a legal fiction. "It" can't PAY anything because it hasn't "earned" the money until all expenses are paid. Taxes ARE an expense, no accounting trick can alter that truth. The gross profit is distributed to owners, who are living people, according to their level of investment. The "net profit after taxes" is a legal fiction that supports the scam. The only real net profit is any amount kept in reserve for contingencies and not distributed. What make this scam even worse is that all the taxes paid by suppliers to the business are passed on to customers too. We need to start to understand that ONLY real living people CAN pay taxes, because simply put, all business is done by real people, all other entities are merely legal creations that enable us to conduct business in an orderly manner. Get the idea now?
Their customers! Can't you read? The ONLY source o... (show quote)


How many, and which of their 'customers' send a check to the IRS for a corporation's tax liability?

Reply
Jan 18, 2015 18:33:21   #
srburnel
 
hello. Can I ask. Where did this list come from?
Thanks

Reply
Jan 18, 2015 19:16:12   #
mongo Loc: TEXAS
 
rolse wrote:
And what I am saying is tax the living exec. after the corporation pays him or her. And I don't care then if the tax rate is 90% with no deductions allowed on any executive pay greater than ten times that of a production worker. That would give incentive to pay workers more, curtail excessive executive pay, reduce prices and increase small investor participation and discourage further government corruption.


I understood what you are conveying and agree.

SEMPER FI

Reply
 
 
Jan 18, 2015 19:58:19   #
ldsuttonjr Loc: ShangriLa
 
Kevyn wrote:
You are right that we do not spend enough to shelter and feed our own poor but you are wrong to think that ending foreign aid could accomplish this task. While the numbers appear big as a portion of Fedral budget they are but a small portion of the budget. This spending is critical to the mission of our state department and in many instances has a very positive influance with an American hand to people around the world. If we want real money to aid the poor at home there is an ocean of money available by doing away with corporate tax breaks. The ammount given to the oil industry alone is far more than all US foreign aid. Here is a link to an interesting piece in the Washington Post about Americans false understanding of foreign aid. http://www.washingtonpost.com/blogs/wonkblog/wp/2013/11/07/the-budget-myth-that-just-wont-die-americans-still-think-28-percent-of-the-budget-goes-to-foreign-aid/
You are right that we do not spend enough to shelt... (show quote)


kevyn: How ironic.....I wonder what the Washington Times would say?

Reply
Jan 19, 2015 06:11:59   #
buffalo Loc: Texas
 
Then why are corporations considered to have rights such as free speech? So obviously you corporate shills here think money is free speech? How can they claim 14th amendment protections if the amendment was meant for living persons to be treated equally under the law? Why can they lobby Congress for their benefit? How can they have influence over a raft of issues, such as health care that will affect their bottom lines?

Besides perpetual life, corporations enjoy limited liability to shield themselves against lawsuits for damages and wrong doing. They can also use voluntary bankruptcy and other disappearing acts to dodge financial obligations while remaining in business.

The politicians have been bought by large corporations and most legislation now favors corporations over individuals. The interests of corporations, as an artificial entity are vastly different from the interests of natural persons.

And legislators clearly lavish them with favored tax breaks, subsidies, and bailouts to the detriment of the average taxpayer. I guess you corporate shills agree with that transfer of wealth to the 1% that benefit from that favoritism.

Reply
Jan 19, 2015 07:16:15   #
shipfitter Loc: Wisconsin, for now
 
rolse wrote:
What in God's name are you ranting about? I can't recall having said anything about sharing wealth, who owns a business, gov't contracts, stock trading of any kind, any political party or evil business owners. I did show how and why the corporate tax system is a scam, and corporations paying taxes is a myth perpetrated to conceal the true tax rate, and why only real living people can pay taxes, and are the only ones who do. I have no idea as to why that would set off that incoherent rant.


over your head huh

Reply
Jan 19, 2015 08:46:22   #
trucksterbud
 
What is being totally missed here is that our supposed "government" is in reality a MUNICIPAL CORPORATION masquerading as a government. The UNITED STATES INC is nothing more than Washington, District of Criminals - some territories and possessions - and operator of the military bases.

The 'criminals' in Washington, District of Criminals hope you never realize that they have NO AUTHORITY WHATSOEVER outside the ten square mile area - by its own charter and articles of incorporation.

This fact is available for review by any / all interested parties at www.CAFR1.com. As an example, the city of Chicago (which is a corporation) where Barry O. got his start, actually has a surplus of funds. Its just that the city managers - who are themselves criminals - don't want the public to know there is plenty of money to go around and could PUT AN END TO TAXATION.

The same is true with the UNITED STATES, INC. There is plenty of money to go around, the criminals who set in charge of it all see the MASSIVE wealth, and don't want to let the people know about the fact our "Government" (read: CORPORATION) can survive just fine without taxing everybodys everything.

A financial analyst - before his untimely death - wrote how that there was about $1.3 TRILLION a day being raked in by the "Federal Government" and as such, said "Federal Government" (read: CORPORATION) could survive just fine WITHOUT PERSONAL INCOME TAXATION.

And of course, there is the plagerism of GIVING away our money to the foreign countries that hate us. Put a stop to it all.

End the UNITED STATES INC.
End the Federal Reserve Bank.
End George Soros rule of our country, if he doesn't like it, he can move back to Hungary.
End the International Monetary Fund (and confiscate the fortunes of the owners).

If the truth be known, there is enough money stashed and in circulation to take care of every problem and every person on this planet.

Reply
 
 
Jan 19, 2015 13:36:51   #
Tasine Loc: Southwest US
 
cold iron wrote:
Well?
DEMOCRATS and REPUBLICANS ('different' ONLY in name)

We read all the jokes and forward the good ones but I just wonder who will Pass this one on.
All the people that run this country!!!!!!

Both Democrats and Republicans

Say,
"We're broke" And can't help our own any better?
Veterans,
Seniors,
Orphans,
Homeless,
Etc.,?????
But, over the last several years THEY
have provided direct cash aid to.....

Hamas - $351 M,
Libya $1.45 B,
Egypt - $397 M,
Mexico - $622 M,
Russia - $380 M,
Haiti - $1.4 B,
Jordan - $463 M,
Kenya - $816 M,
Sudan - $870 M,
Nigeria - $456 M,
Uganda - $451 M,
Congo - $359 M,
Ethiopia - $981 M,
Pakistan - $2. B,
South Africa - $566 M,
Senegal - $698 M,
Mozambique - $404 M,
Zambia - $331 M,
Kazakhstan - $304 M,
Iraq - $1.08 B,
Tanzania - $554 M,

...with literally Billions of Dollars
and they still hate us!!!!
But on the other hand,
Our retired seniors,
Living on a 'fixed income,'

Receive NO aid! And Medacare has just doubled the cost of some meds for old people. Death panels?

Nor do they get any breaks, while our government
And religious organizations will pour
Hundreds of Billions Of $$$$$$'s
and Tons of Food toForeign Countries!

And another atrocity....

We have Hundreds of adoptable
American Children who are shoved aside

To make room for the adoption of
Foreign orphans.

AMERICA: A country where we have..
Countless Homeless without shelter,
Children going to bed hungry,
Elderly going without needed Medication
and the Mentally ill without treatment -- etc.

YET..........

They will have a 'Benefit' Show
For the people of Haiti , on 12 TV Stations;
Ships and planes lining up with food, water, tents
clothes, bedding, doctors and medical supplies.

Now Just Imagine if
Our own *GOVERNMENT*
Gave 'US' the same support they give to foreign countries.
Sad, isn't it?

PLUS I have not read of a single dollar reduction in foreign aid as a result of sequestering. All items cut were for the express purpose of hurting the American taxpayer/working people the most!
Well? br DEMOCRATS and REPUBLICANS ('different'... (show quote)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Good post!! A wealth of information! Thanks!

Reply
Jan 19, 2015 16:39:33   #
rolse
 
PoppaGringo wrote:
How many, and which of their 'customers' send a check to the IRS for a corporation's tax liability?


Oh Please! NO ONE can be that stupid! Or, I didn't think so until you came along. If you are unable to read what I wrote with understanding, please find someone who is literate and have them read it TO YOU.

What part of "The only place corporations have to get money to pay taxes, or any other expense that the corporation has, is from the proceeds from sale of its products or services." don't you understand?

What part of "A corporation, or any other business, if it is to survive, must take in enough income from sales to cover all of the expenses, including taxes, wages of employees, raw materials, heat light and power, etc., and have some left after all expense is paid. That which is left is called profit, and the hope of realizing a profit is the only reason for the business to exist, don't you understand?

The customers of the business, a corporation or otherwise, PAY for the product or service. The AMOUNT that they pay when the sale is made, in the simplest terms, HAS TO BE ENOUGH to cover the cost of making the item or service available, PLUS a profit. To a business, a TAX is an EXPENSE that must be covered by the price the product is sold for.

Now do you get it?

Reply
Jan 20, 2015 07:31:13   #
buffalo Loc: Texas
 
If one doesn't think corporations get special treatment from politicians then check out what tweedle dum, with tweedle dees' blessing and help are doing for corporations that are going to hurt the working poor and middle classes... Screw the little people and favor your BIG campaign donor corporations. God you people are brainwashed that corporations have not captured government.

In coming weeks, we can expect the Republican-controlled Congress to push two Obamacare bills that would hike profits for some businesses. What we can’t expect, from either Republicans or Democrats, unfortunately, is any effort to help families, even those with insurance, to stay out of bankruptcy court because of mounting medical bills.

Another inevitable attempt to repeal the whole law won’t go anywhere because there are still enough Democrats in the Senate to block it. But the bills to assist businesses—especially those that make generous campaign contributions—just might reach the President’s desk.

One of those measures would redefine a full-time worker under Obamacare’s employer mandate provision from someone who works 30 hours a week to one who works 40 hours weekly. The other piece of legislation would repeal the 2.3 percent tax on medical devices that helps pay for expanding coverage to the previously uninsured.

Republicans and some Democrats contend that both bills are intended to restore jobs they claim have been lost or will be lost as a result of those Obamacare provisions.

The law currently requires employers with 50 or more workers to provide health insurance to most of their full-time employees. The mandate will go into effect this year for employers with 100 or more workers and next year for employers with 50 or more. It does not apply to small businesses with fewer than 50 employees.

The reason drafters of the reform law set the threshold at 30 hours a week was to bring more people into coverage. Changing it to 40 hours would mean that many folks would likely lose their health insurance.

The tradeoffs are complicated, but ultimately, people needing insurance are a loser. The Congressional Budget Office and the Joint Committee on Taxation estimate that changing the definition to 40 hours a week would reduce the number of people receiving employment-based coverage by about a million. But it would increase the number of people getting coverage through Medicaid or the health insurance exchanges by between 500,000 to 1 million. And about half a million would likely return to being uninsured.

Shifting that many people to the taxpayer-financed Medicaid program or to the exchanges, where most would be eligible for federal subsidies, would increase the budget deficit by nearly $74 billion between now and 2024, both the CBO and JCT say.

Repealing the tax on medical devices would also be a bad deal for just about everybody—except, of course the companies that make the devices. Big companies like Johnson & Johnson and GE would benefit, as would some smaller companies. And now that millions more of us have health insurance because of Obamacare, more of us can now afford the equipment these firms make. They are big Obamacare winners. But the medical device companies want to keep all that new revenue they’re getting.

The industry and its friends in Congress—which even includes liberals like Sen. Al Franken of Minnesota and Elizabeth Warren of Massachusetts (there are a lot of medical device makers in both of their states)—want us to believe that the tax will cost as many as 43,000 jobs.

The Congressional Research Service says that’s bogus, that the tax will result in few if any job losses. But if the tax is repealed, the government will have to find $30 billion somewhere else or scale back coverage, which would put many of us back into the ranks of the uninsured.

I can understand why Republicans want to help those businesses avoid an Obamacare tax. But you’d think that Franken and Warren and their fellow Democrats would consider introducing legislation to help their constituents avoid financial ruin if they get sick.

Obamacare appears to be helping—the Commonwealth Fund reported last week that the number of Americans who went without the care they needed because of cost declined last year for the first time since 2003. But millions of Americans are still struggling to make ends meet because of medical bills.

The Commonwealth Fund also recently reported that the cost of health insurance is still increasing at a faster clip than wages. That means people are still having to devote an increasingly larger share of their paychecks to health insurance, despite Obamacare.

One area that’s taking a hit is savings. Family budgets for most folks are so tight they can’t sock much money away in a savings account. As Bankrate.com reported earlier this month, “If someone encounters a significant, unexpected expense outside his or her budget, such as an emergency room visit or a car repair, only 38 percent of respondents say they could cover it with cash they have on hand in a savings account or checking account.”

Older Americans are especially vulnerable. Bankrate.com’s survey found that 1 in 5 Americans 50 and older listed medical expenses as their largest expense outside of food and shelter.

The problem is that most of those folks don’t—can’t—contribute much, if anything to political campaigns. Certainly not like Johnson & Johnson and GE. So don’t hold your breath waiting for Congress to do anything to give families some relief when businesses are demanding special consideration.

NO, rolse, YOU DON'T GET IT!

Reply
Jan 20, 2015 15:27:42   #
rolse
 
buffalo wrote:
You are right, Kevyn. It might piss some of the corporate shills here off if I said that many of our largest corporations pay zero Federal taxes? Bank of America, General Electric, Boeing, Citigroup and Exxon-Mobil pay no Federal taxes. “Indeed, as politicians are asking ordinary Americans to sacrifice their education, their health, their labor rights, and their wellbeing to tackle budget deficits, some of the world’s richest multinational corporations are getting away with shirking their responsibility and paying nothing.” Think Progress We are not talking about corporations who have had big losses to deal with, but huge profitable companies who are making Billions off of the American public and paying zero taxes to Uncle Sam.

Who do you think writes or influences Congress to write the tax laws that allow these companies to steal from the American public? Corporate Lobbyists pull the strings of all politicians of both arms of the corporate party.

The next time your read or hear about the sacrifices that the middle class must make in order to shore up the government’s finances due to an economic disaster that was mainly caused by Wall Street, ask how much extra General Electric or Boeing or Bank of America are going to put into the tax pot to help balance the budget. Maybe Citigroup or Exxon-Mobil or Wells Fargo will be sacrificing in order to restore financial sanity to the Federal budget. NOT!
You are right, Kevyn. It might piss some of the ... (show quote)


It's now crystal clear! Ron White is right. You CAN'T FIX STUPID!

Reply
 
 
Jan 20, 2015 15:30:57   #
rolse
 
buffalo wrote:
If one doesn't think corporations get special treatment from politicians then check out what tweedle dum, with tweedle dees' blessing and help are doing for corporations that are going to hurt the working poor and middle classes... Screw the little people and favor your BIG campaign donor corporations. God you people are brainwashed that corporations have not captured government.

In coming weeks, we can expect the Republican-controlled Congress to push two Obamacare bills that would hike profits for some businesses. What we can’t expect, from either Republicans or Democrats, unfortunately, is any effort to help families, even those with insurance, to stay out of bankruptcy court because of mounting medical bills.

Another inevitable attempt to repeal the whole law won’t go anywhere because there are still enough Democrats in the Senate to block it. But the bills to assist businesses—especially those that make generous campaign contributions—just might reach the President’s desk.

One of those measures would redefine a full-time worker under Obamacare’s employer mandate provision from someone who works 30 hours a week to one who works 40 hours weekly. The other piece of legislation would repeal the 2.3 percent tax on medical devices that helps pay for expanding coverage to the previously uninsured.

Republicans and some Democrats contend that both bills are intended to restore jobs they claim have been lost or will be lost as a result of those Obamacare provisions.

The law currently requires employers with 50 or more workers to provide health insurance to most of their full-time employees. The mandate will go into effect this year for employers with 100 or more workers and next year for employers with 50 or more. It does not apply to small businesses with fewer than 50 employees.

The reason drafters of the reform law set the threshold at 30 hours a week was to bring more people into coverage. Changing it to 40 hours would mean that many folks would likely lose their health insurance.

The tradeoffs are complicated, but ultimately, people needing insurance are a loser. The Congressional Budget Office and the Joint Committee on Taxation estimate that changing the definition to 40 hours a week would reduce the number of people receiving employment-based coverage by about a million. But it would increase the number of people getting coverage through Medicaid or the health insurance exchanges by between 500,000 to 1 million. And about half a million would likely return to being uninsured.

Shifting that many people to the taxpayer-financed Medicaid program or to the exchanges, where most would be eligible for federal subsidies, would increase the budget deficit by nearly $74 billion between now and 2024, both the CBO and JCT say.

Repealing the tax on medical devices would also be a bad deal for just about everybody—except, of course the companies that make the devices. Big companies like Johnson & Johnson and GE would benefit, as would some smaller companies. And now that millions more of us have health insurance because of Obamacare, more of us can now afford the equipment these firms make. They are big Obamacare winners. But the medical device companies want to keep all that new revenue they’re getting.

The industry and its friends in Congress—which even includes liberals like Sen. Al Franken of Minnesota and Elizabeth Warren of Massachusetts (there are a lot of medical device makers in both of their states)—want us to believe that the tax will cost as many as 43,000 jobs.

The Congressional Research Service says that’s bogus, that the tax will result in few if any job losses. But if the tax is repealed, the government will have to find $30 billion somewhere else or scale back coverage, which would put many of us back into the ranks of the uninsured.

I can understand why Republicans want to help those businesses avoid an Obamacare tax. But you’d think that Franken and Warren and their fellow Democrats would consider introducing legislation to help their constituents avoid financial ruin if they get sick.

Obamacare appears to be helping—the Commonwealth Fund reported last week that the number of Americans who went without the care they needed because of cost declined last year for the first time since 2003. But millions of Americans are still struggling to make ends meet because of medical bills.

The Commonwealth Fund also recently reported that the cost of health insurance is still increasing at a faster clip than wages. That means people are still having to devote an increasingly larger share of their paychecks to health insurance, despite Obamacare.

One area that’s taking a hit is savings. Family budgets for most folks are so tight they can’t sock much money away in a savings account. As Bankrate.com reported earlier this month, “If someone encounters a significant, unexpected expense outside his or her budget, such as an emergency room visit or a car repair, only 38 percent of respondents say they could cover it with cash they have on hand in a savings account or checking account.”

Older Americans are especially vulnerable. Bankrate.com’s survey found that 1 in 5 Americans 50 and older listed medical expenses as their largest expense outside of food and shelter.

The problem is that most of those folks don’t—can’t—contribute much, if anything to political campaigns. Certainly not like Johnson & Johnson and GE. So don’t hold your breath waiting for Congress to do anything to give families some relief when businesses are demanding special consideration.

NO, rolse, YOU DON'T GET IT!
If one doesn't think corporations get special trea... (show quote)


Yes, I do. Stupidity is not curable.

Reply
Jan 20, 2015 16:00:33   #
rolse
 
trucksterbud wrote:
What is being totally missed here is that our supposed "government" is in reality a MUNICIPAL CORPORATION masquerading as a government. The UNITED STATES INC is nothing more than Washington, District of Criminals - some territories and possessions - and operator of the military bases.

The 'criminals' in Washington, District of Criminals hope you never realize that they have NO AUTHORITY WHATSOEVER outside the ten square mile area - by its own charter and articles of incorporation.

This fact is available for review by any / all interested parties at www.CAFR1.com. As an example, the city of Chicago (which is a corporation) where Barry O. got his start, actually has a surplus of funds. Its just that the city managers - who are themselves criminals - don't want the public to know there is plenty of money to go around and could PUT AN END TO TAXATION.

The same is true with the UNITED STATES, INC. There is plenty of money to go around, the criminals who set in charge of it all see the MASSIVE wealth, and don't want to let the people know about the fact our "Government" (read: CORPORATION) can survive just fine without taxing everybodys everything.

A financial analyst - before his untimely death - wrote how that there was about $1.3 TRILLION a day being raked in by the "Federal Government" and as such, said "Federal Government" (read: CORPORATION) could survive just fine WITHOUT PERSONAL INCOME TAXATION.

And of course, there is the plagerism of GIVING away our money to the foreign countries that hate us. Put a stop to it all.

End the UNITED STATES INC.
End the Federal Reserve Bank.
End George Soros rule of our country, if he doesn't like it, he can move back to Hungary.
End the International Monetary Fund (and confiscate the fortunes of the owners).

If the truth be known, there is enough money stashed and in circulation to take care of every problem and every person on this planet.
What is being totally missed here is that our supp... (show quote)


I was beginning to think that there were no more sane, and informed, people that read the posts here. I'm glad to hear from you, and welcome to the world of lost causes. (truth)

Reply
Jan 22, 2015 12:31:21   #
WhosetheBoss Loc: Arkansas
 
buffalo wrote:
Then why are corporations considered to have rights such as free speech? So obviously you corporate shills here think money is free speech? How can they claim 14th amendment protections if the amendment was meant for living persons to be treated equally under the law? Why can they lobby Congress for their benefit? How can they have influence over a raft of issues, such as health care that will affect their bottom lines?

Besides perpetual life, corporations enjoy limited liability to shield themselves against lawsuits for damages and wrong doing. They can also use voluntary bankruptcy and other disappearing acts to dodge financial obligations while remaining in business.

The politicians have been bought by large corporations and most legislation now favors corporations over individuals. The interests of corporations, as an artificial entity are vastly different from the interests of natural persons.

And legislators clearly lavish them with favored tax breaks, subsidies, and bailouts to the detriment of the average taxpayer. I guess you corporate shills agree with that transfer of wealth to the 1% that benefit from that favoritism.
Then why are corporations considered to have right... (show quote)


What you don't seem to understand is that 100% of all corporations pay no taxes, because 100% of all taxes charged to corporations are passed on to their consumers in the price of their products. Tax breaks to corporations are expenses which then do not have to be passed to consumers. Its a shell game with them claiming there are corporate taxes, when all business taxes are consumer taxes, and by doing it this way they are able to hide your real tax rate by breaking up the point of collection and by calling it something it can never be.

Reply
Jan 22, 2015 12:53:55   #
PoppaGringo Loc: Muslim City, Mexifornia, B.R.
 
WhosetheBoss wrote:
What you don't seem to understand is that 100% of all corporations pay no taxes, because 100% of all taxes charged to corporations are passed on to their consumers in the price of their products. Tax breaks to corporations are expenses which then do not have to be passed to consumers. Its a shell game with them claiming there are corporate taxes, when all business taxes are consumer taxes, and by doing it this way they are able to hide your real tax rate by breaking up the point of collection and by calling it something it can never be.
What you don't seem to understand is that 100% of ... (show quote)


What would you call the money corporations send to the IRS if not taxes? Are they fines for not charging their consumers enough?

Reply
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