(March 15, 2016 at 9:44 am)Drich Wrote:(March 14, 2016 at 5:01 pm)Ryantology (╯°◊°)╯︵ ══╬ Wrote: If they are underpaying (or not paying) taxes, then they are only existing here because those of us who actually do pay taxes are subsidizing them.Are you kidding me???
How many people do you think they employ directly and indirectly 1000, 10,000 100,000? How many make over 80K? Not to mention how many other companies who get no tax breaks do they sub contract to? how many people do they employ? and so on. Apple alone made 79.5 Billion in one QUARTER! 18 billion was what should be made taxable. the rest Apple dumped into production costs, which means 60 billion when into parts, assemblies, promotion, shipping, labor ect in just one quarter, all of which as it trickles down into it's various set of vendors and sub set of vendors get taxed over and over again. So in just 3 month's time you want to give away almost 60 billion in potential revenue, because apple gets a break on 18 billion in direct taxes?
See this is why we need a business man/Billionaire setting the taxable interests of the country, rather than some hippy douche. The Hippy douche can't see past the surface and will always go after and consume a few hand fulls of the visible peanuts. Rather than plant them and reap several fields worth a peanuts at the end of the season. Business is a delicate give and take, you have to give/plant before you can take. If you take now and don't seed your field then you will have nothing to reap in the future.
How much of that 79.5 billion was made off the backs of virtual slave labor, instead of paying a living wage to American workers?
What about service? Companies like Wal-Mart declare $100B in profits while each store costs taxpayers $900k because the company refuses to pay its workers enough to survive unaided by the welfare state. Lest we forget that the five Walton children own more wealth than half of the nation. That's arguably a much larger problem.
You want to have low wages and low taxes, a cake you can have and eat. I'm all for reducing taxes on companies that provide for the labor that makes their operation possible, and companies that don't enrich shareholders and executives by outsourcing to countries with no worker protection laws and putting Americans out of work. It's funny because I know of a candidate running for president who has done a great deal of that.
Quote:Trump is going to take the tax burden off 50% of the population all together. That is upto a 25% pay increase that fall in the 25/50K range! and upto a 40% increase to those who make more!
Better wages for the poor and working class would eliminate much of the need for taxes that go towards the welfare state.