Stimulus Idea; Give corporations 25% tax cut

Stimulus Idea; Give corporations and big business 25% federal tax cut. Then have them equally distribute it to their work force tax exempt.

a reply to: Xeven

Give them 100% tax cuts and let them trickle down.
Close your eyes, open your mouth, you will get a big surprise!

Better stimulus idea : throw some of these bankers and CEOs in prison, watch how quick the economy changes...

a reply to: Kesallen

I agree, start throwing them in prison and soon the rest that are left over will turn it around.

Give us their damn heads!

This thread should get interesting. You said the boogie man word "corporation"
Other words include.
Muslim
Islam
Jew
Tax
Obama
Gun
Cops
And newly added Ebola

These words always stir the pot.

Some corporations pay virtually no taxes at all now and you want to give them more??? When will people learn this give tax breaks the economy will get better BS doesn't work. We have been doing this since that loser Reagan was in office and our economy has done nothing but go downhill.

originally posted by: Xeven
Stimulus Idea; Give corporations and big business 25% federal tax cut. Then have them equally distribute it to their work force tax exempt.

Yeah, no.

The lax laws are already a mess as they are. IMO they should abolish the IRS and enact a Constitutional Congress to create the Fair Economy Doctrine for all those living within the United States.

Corporations are not people. They should not have those rights. Their power, influence and wealth should be directly tied to how much subsequent wealth they create for the people who use their products and services. As well as for the communities they operate in.

We need to look at a corporations success, not by it's stock price, but by it's overall contribution to society at large.

~Tenth

a reply to: Xeven

The entire system is broken. So long as corporations can deduct their expenses from their revenues, the taxes will never be fair. There are many hugely profitable corporations that pay almost no tax whatsoever. I think we need a corporate income tax right off the top, obviously lower than 20%, but still significant enough to generate revenues. This way corporations are no longer motivated to engage in malinvestment. That would solve a large problem with the economy and deflate some of the investment into risky schemes.

It would be interesting to tax 50% of corporate income and make the first $60,000 per year of a worker's salary tax deductible. I bet we'd see a huge shift in the practices of corporations and a huge rise in the middle class again. This way, a corporation that had 30% of their operating costs in salaries would end up paying 20% of their income to taxes. It should encourage businesses to invest more into laborforce and less into financial schemes and facilities.

a reply to: buster2010
You obviously did not read my Op

This is intended as a one time stimulus not a permanent change. The idea is to give workers a boost and not have government put their miss on it first. This will give workers money that they will spend and it will get the wheels of the economy moving without first giving it to government to get redistributed. Would not work as a long term tax changes as corporations would eventually consider it normal salary and pocket it.

a reply to: Xeven

To be fair your op is only two sentences.

originally posted by: onequestion
a reply to: Xeven

To be fair your op is only two sentences.

And yours is one.

Anyone who thinks corporations actually pay taxes is a bit misguided.

End users pay all taxes as corporations are a pass through.

All business focuses on long term success not on short term. Any one that does will not be around long. One quick influx of money will not fix the economy but will do more harm in the long run.

originally posted by: AugustusMasonicus
Anyone who thinks corporations actually pay taxes is a bit misguided.

End users pay all taxes as corporations are a pass through.

How do you figure?

www.forbes.com...

a reply to: Hoosierdaddy71

Sales tax is collected on behalf of the respective state. Federal taxes are factored in to the final cost of goods or services.

yeah sure give those who caused the problems another tax break - DOH!!!

Why not just put a flat 'x' % sales tax on everything with no deductions for anything then the rich pay more as they spend more corps pay more/some because they can't claim back but EVERYBODY would be on the same rate.

This would be the only tax on anything.

Maybe could exclude food, clothing and meds from the tax.

So...as in the case of GE and many of the other biggies, we'd owe them money?

Money from the taxes us poor schlubs pay out of our ever-dwindling salaries and tax base?

Because their profits and CEO salaries aren't already big enough?

No thanks! Next brilliant idea please....

originally posted by: AugustusMasonicus
a reply to: Hoosierdaddy71

Sales tax is collected on behalf of the respective state. Federal taxes are factored in to the final cost of goods or services.

Uuuhhh yeah..
Corporations pay taxes on the money they collect from the consumer purchasing their products. The consumer pays other taxes placed on them by the states. How did apple or exxon not pay taxes?

originally posted by: Hoosierdaddy71
Corporations pay taxes on the money they collect from the consumer purchasing their products.

Which is exactly what I said. The end user paid the taxes.