First October Suprise!

What is Aleppo? said:
The right deserves to be treated like that, only way to keep the fascists in check. I applaud Hilary Clinton on her mass assassination campaign, the propaganda of the deed. Rightists deserve death.
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Hillary Clinton has amassed more money and power than Trump. She's done it with the applause of fools.
 
PostmodernProphet said:
not sure what the above comment has to do with what is being discussed......the question was whether decreasing overhead could result in reduced income......obviously if reduced labor costs are the result of eliminating half your work force and you therefore produce (and sell) half as much, it will have reduced income......you pay taxes if what comes in is greater than what goes out......trying to claim you only have to be concerned with what goes out shows a lack of comprehension......
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I believe your confusion stems from the fact that the word you're looking for is 'revenue'. Income is typically associated with labor, revenue with gross receipts of a business.

So...if revenue is decreased, that would mean that there is no demand for your product. No business will reduce the labor force to the point where they cannot keep up with demand.

You have yet to show how decreased taxes create jobs.
 
callinectes said:
So you should vote for Trump. Then your tax rate would be reduced. You would make more money that you could redistribute to your employees to combat "income inequality", yet it would still be YOUR income and you would retain the awesome patriotic privilege of paying more taxes! #winning!
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My tax rate will not be reduced by Trump. Perhaps my cap gains liability, but not my business tax liability
 
J Craft said:
Tax deductions are not welfare. Leave it to leftist to equate a man legally protecting his own capital to welfare. How does the leftist reach these moronic conclusions? Because he assumes the state has a right to use a convoluted tax system to steal it. The leftist moron is outraged when a clever man is able to beat the state at its own game.
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Well..let's see. Fred Trump took taxpayer money...twice...in order to build his real estate empire. Donald took loans from banks who were ultimately bailed out by taxpayers, in order to continue down his father's path.

So it's all pretty much the same.
 
Althea said:
I believe your confusion stems from the fact that the word you're looking for is 'revenue'. Income is typically associated with labor, revenue with gross receipts of a business.

So...if revenue is decreased, that would mean that there is no demand for your product. No business will reduce the labor force to the point where they cannot keep up with demand.

You have yet to show how decreased taxes create jobs.
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Actually decreased demand isn't the only scenario. If you knew anything about business you would know that. A couple of other reasons include exchange rate (if you are international), having to lower prices due to increased competition.

All you need to do is look at the Reagan years. When he cut taxes, revenue to the treasury increased. That is a fact. When Bill Clinton cut taxes on the rich by dropping the capital gains rate (something liberals always seem to forget) revenue increased

That gobblement SPENT those increases is a separate issue.

It is like you getting a 5% increase in pay every year but increasing your spending by 10%.
 
Crooked ILLary said:
Actually decreased demand isn't the only scenario. If you knew anything about business you would know that. A couple of other reasons include exchange rate (if you are international), having to lower prices due to increased competition.

All you need to do is look at the Reagan years. When he cut taxes, revenue to the treasury increased. That is a fact. When Bill Clinton cut taxes on the rich by dropping the capital gains rate (something liberals always seem to forget) revenue increased

That gobblement SPENT those increases is a separate issue.

It is like you getting a 5% increase in pay every year but increasing your spending by 10%.
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You oversimplify...as is typical.

The Clinton years saw revenue gains because of the massive increase in investment due to the tech boom. Nobody chose to become active in the market due to lower cap gains. I have to get out the door right now, or I'd school you a little more re Reagan.

Would you propose going back to income taxes at Reagan's first cut if it did so well?
 
Althea said:
You oversimplify...as is typical.

The Clinton years saw revenue gains because of the massive increase in investment due to the tech boom. Nobody chose to become active in the market due to lower cap gains. I have to get out the door right now, or I'd school you a little more re Reagan.

Would you propose going back to income taxes at Reagan's first cut if it did so well?
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You are a liar. Go look at the numbers

For the record I argue tax rates on morality not on the economy.
 
What is Aleppo? said:
I doubtlessly pay a higher tax rate than you, you don't hear me bitching and whining about it endlessly, like some spoiled brat.
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lol, idiot......you've never paid taxes before and won't for the first time until next April......even then you'll probably get a refund because you've got your deductions set too high......why aren't we surprised we don't find you bitching and whining about taxes......
 
Althea said:
You have yet to show how decreased taxes create jobs.
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many ways, but I believe Trump's specific plan is to bring back the money currently held overseas by companies what have earned the income someplace besides the US which would be taxed again if brought here........offer a tax holiday in exchange for companies using those funds to build factories and create jobs here instead of overseas.......
 
Althea said:
Would you propose going back to income taxes at Reagan's first cut if it did so well?
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the idea behind cutting taxes is to cut taxes......Reagan did it......would going back to where he first cut it be a cut or an increase.......liberals like increases.....
 
Althea said:
Well..let's see. Fred Trump took taxpayer money...twice...in order to build his real estate empire. Donald took loans from banks who were ultimately bailed out by taxpayers, in order to continue down his father's path.

So it's all pretty much the same.
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This kind of logic is how the political class maintain their power.
 
PostmodernProphet said:
many ways, but I believe Trump's specific plan is to bring back the money currently held overseas by companies what have earned the income someplace besides the US which would be taxed again if brought here........offer a tax holiday in exchange for companies using those funds to build factories and create jobs here instead of overseas.......
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What are you...18? What happened when Bush granted a tax holiday?
 
PostmodernProphet said:
you're joking right?....if so, why is everyone bitching about Trump's "income" taxes......stupid fucking liberals everywhere you look......
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Silly child. You're now mixing up individual tax returns vs. corporate income. Is that a picture of you in your avatar?
 
Crooked ILLary said:
You are a liar. Go look at the numbers

For the record I argue tax rates on morality not on the economy.
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Actually, it is you that needs to read deeper than the titles of Right Wing articles.

Reagan raised taxes each year, as he was losing revenue, while increasing spending.

Don't be fooled by simply viewing tax rate changes. Go look at the removal of deductions, and the increases levied on self employed people.
 
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