Caltrops - Balance of Power





	[quote name="C++ Guevara"][quote name="blackwater"]Listen, friend, we both understand that money flows through the economy and is taxed many times along the way.[/quote] Cool. So obviously circling two of the times and creating a scary name for that group is nonsense except for lobbying purposes. [quote]You keep saying that it's "abstract" or "artificial" for a business to worry about how many times its profit stream is taxed. But this is clearly important to the business.[/quote] The profit stream?! Jesus Christ, the profit stream of the business isn't being taxed twice in double taxation, you... Are you kidding me with this? The corporation is taxed once on the net profit, and then if the corporation pays out dividends to the shareholders, ever, that's taxed as personal income tax to the individual shareholder. And rich fuckfaces hate it, calling it "double taxation" with a pout. I feel I have really, really explained this decently, several times now. I need to re-think how I spend my free time. [quote]Let's rewind. This whole discussion came up because you claimed that reducing or eliminating corporate tax would be a huge boondoggle for the wealthy that would impoverish the rest of us.[/quote] I would've been more upset by your gross misquoting and misrepresentation of what I've claimed at the beginning of this thread, but I've come to learn that I shouldn't take it personally when you misunderstand something. [quote][quote name="C++ Guevara"] But hell, you want to eliminate corporate taxes and instead jack up capital gains and dividend tax so that it's on par with all income tax? Since that's income for a rich person? I'm all for it. Hell, I'll throw in a loophole that allows an investor to, instead of claiming that dividend as income, immediately re-invest it, without a large (or any?) tax penalty. If you keep your money working in the economy, fine, but once you convert it to yacht money, it's taxed heavy.[/quote] In that case, I just create a trust fund for myself, and re-invest in it. And bingo, I pay no taxes.[/quote] You're really creating loopholes for the loophole I've allowed? Obviously my off-hand little brainstorm gift to investors would need some regulatory fleshing out past the <i><b>two sentences I provided.</b></i> [quote][quote name="C++ Guevara"][quote name="blackwater"]I'm not a libertarian. But my understanding is that libertarians do believe in taxes, just lower ones than currently exist.[/quote] The fabled moderate libertarian! I hear they're great guys.[/quote] I don't understand what you're talking about? Are you implying that I'm a libertarian? I already explained that I was not.[/quote] Nah, I just like taking any opportunity to point out how horrible Libertarians are, in this case sarcastically imagining a moderate Libertarian, since they don't really exist. That's just a Republican. [quote]Or are you saying that believing in taxes is a "moderate libertarian" position? That is definitely incorrect. Libertarians believe that the government should do stuff, like enforce contracts. And it needs money to do that stuff. I think the political faction you are looking for, that doesn't believe in taxes, is the Anarchists. (But not the ancaps, that's a different one.)[/quote] I see you're not sick of being wrong, here at the bottom of the post, so you found one more little thing to be wrong about, out of the blue! I yield the floor to the Libertarian Party official website on how taxes stink and mom never lets me stay out late: https://www.lp.org/issues/taxes/[/quote]