SUBSIM Radio Room Forums - View Single Post - Dems Call for the ending of tax breaks to the "Big Five"

magic452 · 05-11-11, 05:14 PM

You missed the point gimpy.

CORPORATIONS DO NOT PAY ANY TAXES AT ALL.

You pay the taxes every time you fill up your tank.
If they pay more taxes you will pay more at the pump. It's that simple.
If you think that they will generosity pay the tax out of their profits you have a rude awaking coming.

The bill would "eliminating the domestic manufacturing tax deduction"
Sounds like that is not the right thing to do, we need more domestic oil production. One of the objectives of tax policy is to encourage certain behavior. Encouraging domestic oil production seems like a very good thing indeed.

Sounds like a Nancy Pelosi smoke screen to me.

Magic

05-11-11, 05:14 PM	#8
magic452 Sea Lord Join Date: Sep 2007 Location: Reno Nevada USA Posts: 1,860 Downloads: 85 Uploads: 0	You missed the point gimpy. CORPORATIONS DO NOT PAY ANY TAXES AT ALL. You pay the taxes every time you fill up your tank. If they pay more taxes you will pay more at the pump. It's that simple. If you think that they will generosity pay the tax out of their profits you have a rude awaking coming. The bill would "eliminating the domestic manufacturing tax deduction" Sounds like that is not the right thing to do, we need more domestic oil production. One of the objectives of tax policy is to encourage certain behavior. Encouraging domestic oil production seems like a very good thing indeed. Sounds like a Nancy Pelosi smoke screen to me. Magic __________________ Reported lost 11 Feb. 1942 Signature by depthtok33l