Forum Overview :: Balance of Power
 
Re: Double taxation by blackwater 10/26/2017, 4:02pm PDT
C++ Guevara wrote:

blackwater wrote:


Well, I have some good news for you. I will give you unlimited sentences to flesh out your plan! The bad news is, I will criticize flaws in your plan, if they exist.


How very fair of you! Here's my new offer: loophole off the table. Capital gains taxed at normal personal income rates in lieu of corporate taxes. Or maybe even higher. Yeah, actually, make capital gains higher than personal income tax, fuck the rent seekers. If you're not even going to meet me halfway in the our little imagined reality playpen, why would I fucking bother?


If capital gains tax was extremely high, I would expect a lot more accounting shell games. Like it's pretty easy to set up a European subsidiary and rent some IP from them. Bam! You didn't make any US profit this year, because licensing the foobar patent consumed $999,999 of your $1,000,000 yearly profit. Who would have guessed it? I would also expect a lot more vertical integration and huge conglomerates set up to cancel out profits and losses by bundling unrelated businesses. So more fat cats and rent seekers, not fewer. There would probably also be some capital flight from the country, although I'm too lazy to work these ideas through in detail at the moment.

C++ Guevara wrote:

blackwater wrote:

Many Republicans hold many views which are directly opposed to libertarianism.


Many others do not. Modern day "small government conservative" is indistinguishable from a "moderate libertarian", whoever that confused asshole is.

Again, I wasn't inferring you were a libertarian, I just like pointing out when a topic flirts with the concept as an excuse to say they suck.


You know how all the New Atheist people won't shut up about Richard Dawkins and how bad biblical literalism is? They can't stop making Facebook and Twitter posts about these fundamentalists somewhere, who are so stupid that they believe the world was created in 7 days.

They don't know anyone who is a biblical literalist. They don't have any family who are biblical literalists. Nobody who is a biblical literalist will ever, ever read their Facebook. But they CAN. NOT. SHUT. UP. about these stupid beliefs, that have no relevance to them or anyone they know. They will describe them in excruciating detail and bring them up all the time.

When you see libertarians under every rock, you're being that guy. Don't be that guy.
PREVIOUS NEXT REPLY QUOTE
 
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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