Liberal Forum

Zeets2 » 16 May 2022, 9:01 am » wrote: ↑

16 May 2022, 9:01 am

You clearly have no understanding whatsoever regarding how large and small corporations file their tax returns which can easily amount to tens of millions in tax that require quarterly estimated taxes to be paid.  It also means that in any year that a business overpays their estimated taxes, they then apply that overpayment to another year which may result in no ADDITIONAL TAXES that would be due!  That DOES NOT mean that they paid nothing in federal tax that year!  The tax code ALSO permits the carryover of business LOSSES in any given year, and that loss can also be used in subsequent years to wipe out any tax liability that would have been owed had they turned a profit.  THAT'S THE LAW!  So if you don't like it, blame the asshole Democrats YOU voted for who now completely control the taxation system in Congress that you hate so much!  But no, your own idiots can't possibly be at fault, so you need to lie about it and spread some more **** over how it's somehow got to be Trump's fault, which is the only thing you care about!

And there is NO SUCH THING as a "federal flat tax tariff" that ANY consumer has to pay!  Any tariff increase necessitated by ANY trade deal with another country is borne by the US distributor, importer, or retailer and NOT the customer!  If that causes one product to be priced higher than the competition, the supplier of that product has the option of lowering his price and eating that additional cost himself, or watching his sales take the hit while his competitor sees their sales rise.  And you as the final customer has the option of which one to buy, with no one twisting your arm to make you choose any higher priced item!  You DO NOT have that choice when the state IMPOSES their sales tax on you!

Next time try posting something you have some knowledge about, like maybe how to make a sandwich!