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Current time: November 24, 2024, 5:01 pm
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Among the wealthy, a new voice for fiscal sacrifice
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Finally some common sense and decency. It makes more sense to let the tax cuts expire. If the greedy capitalists persist in their behavior they will be forced into compliance or overthrown and dismantled.
(December 5, 2010 at 7:23 pm)lrh9 Wrote: Finally some common sense and decency. It makes more sense to let the tax cuts expire. If the greedy capitalists persist in their behavior they will be forced into compliance or overthrown and dismantled. Forced into compliance for what and with what? You must not have a job cause the tax increases that hit 1-1-11 raise the rates for all income earners. The company owners will simply pass along the extra amount of taxes they have to pay in price increases.  (December 5, 2010 at 9:27 pm)Mishka Wrote: Forced into compliance for what and with what? You must not have a job cause the tax increases that hit 1-1-11 raise the rates for all income earners.But mostly the top 2%. Quote:The company owners will simply pass along the extra amount of taxes they have to pay in price increases.1. They don't control prices. The market does. 2. The owners are separate tax entities from their corporations. One has nothing to do with the other.
Atheist Forums Hall of Shame:
"The trinity can be equated to having your cake and eating it too." ... -Lucent, trying to defend the Trinity concept "(Yahweh's) actions are good because (Yahweh) is the ultimate standard of goodness. That’s not begging the question" ... -Statler Waldorf, Christian apologist (December 5, 2010 at 10:24 pm)DeistPaladin Wrote:Better take some business classes again. The onwers of S Corp companies are the company. The company profits are their earned income. And the owners can control the prices. If the costs go up to all the owners, do you think many of them will take the hit to their bottom line or raise the price of goods sold or services provided? The market does have a big effect, but when the tax goes up for everyone, everyone in the market will acted similarly.(December 5, 2010 at 9:27 pm)Mishka Wrote: Forced into compliance for what and with what? You must not have a job cause the tax increases that hit 1-1-11 raise the rates for all income earners.But mostly the top 2%. (December 5, 2010 at 9:27 pm)Mishka Wrote:(December 5, 2010 at 7:23 pm)lrh9 Wrote: Finally some common sense and decency. It makes more sense to let the tax cuts expire. If the greedy capitalists persist in their behavior they will be forced into compliance or overthrown and dismantled. They will be forced into compliance with liberal values using force if necessary. (December 5, 2010 at 11:56 pm)Mishka Wrote: Better take some business classes again. The onwers of S Corp companies are the company. The company profits are their earned income. And the owners can control the prices. If the costs go up to all the owners, do you think many of them will take the hit to their bottom line or raise the price of goods sold or services provided? The market does have a big effect, but when the tax goes up for everyone, everyone in the market will acted similarly. OK, I was thinking about the stock-owned corporations. These S-corps weren't that common when I was in business school. Still, my first point about how they don't control prices still applies. This is especially true when there's also overseas competition to consider.
Atheist Forums Hall of Shame:
"The trinity can be equated to having your cake and eating it too." ... -Lucent, trying to defend the Trinity concept "(Yahweh's) actions are good because (Yahweh) is the ultimate standard of goodness. That’s not begging the question" ... -Statler Waldorf, Christian apologist (December 6, 2010 at 1:03 am)lrh9 Wrote:(December 5, 2010 at 9:27 pm)Mishka Wrote:(December 5, 2010 at 7:23 pm)lrh9 Wrote: Finally some common sense and decency. It makes more sense to let the tax cuts expire. If the greedy capitalists persist in their behavior they will be forced into compliance or overthrown and dismantled.   (December 6, 2010 at 1:03 am)lrh9 Wrote: They will be forced into compliance with liberal values using force if necessary. Sometimes I wonder if you're a liberal poe or just very young & inexperienced.
"How is it that a lame man does not annoy us while a lame mind does? Because a lame man recognizes that we are walking straight, while a lame mind says that it is we who are limping." - Pascal
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