New Tax Bill and Per Diem
01-08-2018, 05:18 AM
#12
Gets Weekends Off
Joined APC: Jul 2007
Position: 767 Captain
Posts: 3,988
Originally Posted by bcpilot
Corporations..
LLC's, Pass through entities...
LLC's, Pass through entities...
Those corporations now get to keep more of their earnings. Reinvest them, grow, hire more people, pay those people more (which we’re already seeing happen), make even more money, pay tax on those increased earnings and so on.
So let’s dispense with the Dem talking points about the rich not paying taxes and while everyone else does. A reduction in the corporate tax rate doesn’t affect the taxes of any individual person.
01-08-2018, 05:00 PM
#14
Banned
Joined APC: Jan 2015
Posts: 516
Originally Posted by Adlerdriver
Who is making much, much more than you and paying less taxes?
01-09-2018, 07:18 AM
#15
Gets Weekends Off
Joined APC: May 2010
Position: Baja Vermont
Posts: 5,171
Everyone needs to learn a little bit about tax incidence and why corporations don’t pay taxes, they collect them. Workers pay they less investment in equipment and training; customers pay they higher prices and the capital owners (they include your 401k portfolio) pay they lower returns.
I sincerely doubt there are many “rich guys” paying less than you! NJ had one leave for Florida who paid, with his partners, over $100 million in state taxes.
GF
I sincerely doubt there are many “rich guys” paying less than you! NJ had one leave for Florida who paid, with his partners, over $100 million in state taxes.
GF
