Forum Overview :: Balance of Power
 
Double taxation by C++ Guevara 09/25/2017, 10:47am PDT
blackwater wrote:

double taxation.


"Double taxation" doesn't exist. It's a concept invented by rich people to say "I don't like being taxed" but in a way to make less bright people (sorry) think "Hey yeah! I shouldn't be taxed twice! When poor people are only taxed once, those lucky ducks?! That's unfair."

And since being fair is very important to rich people born into wealth (or merely born into the top earning country or race or sex), the meme of "double taxation" spreads among all the worst people.

Double taxation doesn't exist anywhere except when you make an artificial window to view two taxed transactions out of any context, and make the mental leap to suddenly consider them from one "chunk" of income, as if income is a trophy earned, a discrete package that is passed on for generations. You know, instead of fungible numbers that represent a value.

But, you've done something really extraordinary. Instead of complaining about double taxation of shareholders being taxed for dividend income already made and taxed by the corporation, you've gone the stupid route of claiming payroll tax and tax paid to vendors is like a second tax on income!

Where does that line of thinking end? Hey, this plumber is charging me tax? Why do I also have to pay income tax?!?! And then an estate tax when I die?! How many times will the one huge piece of income I earned over my life be taxed?!?!

(And I know, for you libertarians out there, that line of thinking never stops, no taxes ever, yes yes.)

As for the rest of your post, I don't love it either, but don't have a better solution. It's just the typical race to the bottom, because there's always a better deal somewhere else on this shrinking world. Watch untaxed corporations still not build in America because of crippling high worker wages. Then because of the stifling 40 hour work week. Then because of bureaucratic regulation. Then because of all labor laws. There's always going to be a more attractive, sexier country out there with fewer barriers and a shittier standard of living we can sink to compete with. Hopefully we can keep up with more anal and threesomes and boob implants, I dunno.
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Anyone here believe a corp. tax cut will give "American workers [a] pay raise"? NT by C++ Guevara 08/30/2017, 1:23pm PDT NEW
    Top down interest makes that very difficult by Mysterio, "Devil's Advocate?" 08/30/2017, 2:23pm PDT NEW
        Re: Top down interest makes that very difficult by C++ Guevara 09/01/2017, 1:58pm PDT NEW
    Paul Rand, Reagan's ghost, Trump by idiots, basically 08/30/2017, 2:36pm PDT NEW
    Every business owner would just see it as what they rightfully deserved. by Mysterio 09/01/2017, 3:44pm PDT NEW
        Too high compared to who? NT by Greece? Somalia? 09/23/2017, 11:50pm PDT NEW
            Comparison by Greece? Somalia? 09/23/2017, 11:55pm PDT NEW
                (LOL @ Regan's final year and "fuck you" to this country's long term viability) by Greece? Somalia? 09/24/2017, 12:02am PDT NEW
    The US should cut its corporate tax rate. by blackwater 09/24/2017, 4:18am PDT NEW
        Who the hell starts a small business as a C-Corporation these days? by Mischief Maker 09/24/2017, 6:22am PDT NEW
            Basics! by John M.F. Keynes 09/24/2017, 10:06am PDT NEW
                Re: Basics! by C++ Guevara 09/25/2017, 10:53am PDT NEW
            What is considered R&D for tax purposes has little relation to reality by blackwater 09/25/2017, 2:33pm PDT NEW
                Sorry, meant to write NIH. by blackwater 09/25/2017, 2:35pm PDT NEW
        I'm okay with corporate taxes going down as long as mine go down too. by Judge Barry 09/24/2017, 10:38am PDT NEW
            This is a terrible economic policy based on nothing NT by indistinguishable from TDarcos 09/24/2017, 5:55pm PDT NEW
                "Only corporate taxes should go down" great work dummy by Judge Barry 09/24/2017, 8:00pm PDT NEW
                    Sorry I fucked up the exaggeration by indistinguishable from TDarcos 10/19/2017, 6:54am PDT NEW
        Double taxation by C++ Guevara 09/25/2017, 10:47am PDT NEW
            Re: Double taxation by blackwater 09/25/2017, 2:27pm PDT NEW
                Re: Double taxation by C++ Guevara 09/26/2017, 10:49am PDT NEW
                    Re: Double taxation by blackwater 10/15/2017, 11:00pm PDT NEW
                        That guy destroyed you. Why go back for more? NT by this is what libertarians actuallyb 10/19/2017, 7:02am PDT NEW
                        Re: Double taxation by C++ Guevara 10/24/2017, 10:56pm PDT NEW
                            Re: Double taxation by blackwater 10/25/2017, 6:20pm PDT NEW
                                One point of clarification and I will shut up. by Ice Cream Jonsey 10/25/2017, 8:07pm PDT NEW
                                Re: Double taxation by C++ Guevara 10/26/2017, 12:29am PDT NEW
                                    Hahaha, good one! You're killing him, C++!!! by this is what libertarians actuallyb 10/26/2017, 9:55am PDT NEW
                                        This wasn't me. by this is what libertarians actuallyb 10/26/2017, 10:25pm PDT NEW
                                            I was on your side until you thought I was so stupid you had to point this out. by John M.F. Keynes 10/26/2017, 11:31pm PDT NEW
                                            Are you sure it wasn't you? by It sure sounded like you 10/27/2017, 7:07am PDT NEW
                                    Re: Double taxation by blackwater 10/26/2017, 4:02pm PDT NEW
                                C++ is wrecking you here. Take a time out. by this is what libertarians actuallyb 10/26/2017, 4:14am PDT NEW
 
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