they paid nt taxes because of trump's plan, stupid,
not when they cut ssgolfboy » 18 Mar 2024, 9:14 pm » wrote: ↑ The IRS says you're a liar:
IRS data proves Trump tax cuts benefited middle, working-class
Show me the tax code that changed, so they didn't pay taxes.
Bidencrimefamily » 18 Mar 2024, 7:58 pm » wrote: ↑ Just imagine if Biden said this. The right wing would flip out.
---------------------------------------golfboy » 18 Mar 2024, 9:24 pm » wrote: ↑ Show me the tax code that changed, so they didn't pay taxes.
I'll wait.
For more on corporate tax avoidance, read our July 2021 report, Corporate Tax Avoidance Under the Tax Cuts and Jobs Act At least 55 of the largest corporations in America paid no federal corporate income taxes in their most recent fiscal year despite enjoying substantial pretax profits in the United States. This continues a decades-long trend of corporate tax avoidance by the biggest U.S. corporations, and it appears to be the product of long-standing tax breaks preserved or expanded by the 2017 Tax Cuts and Jobs Act (TCJA) as well as the CARES Act tax breaks enacted in the spring of 2020.The tax-avoiding companies represent various industries and collectively enjoyed almost $40.5 billion in U.S. pretax income in 2020, according to their annual financial reports. The statutory federal tax rate for corporate profits is 21 percent. The 55 corporations would have paid a collective total of $8.5 billion for the year had they paid that rate on their 2020 income. Instead, they received $3.5 billion in tax rebates.Their total corporate tax breaks for 2020, including $8.5 billion in tax avoidance and $3.5 billion in rebates, comes to $12 billion.golfboy » 18 Mar 2024, 9:24 pm » wrote: ↑ Show me the tax code that changed, so they didn't pay taxes.
I'll wait.
We need 7 million people to wash dishes?maineman » 18 Mar 2024, 7:43 pm » wrote: ↑ a lot of folks are crossing the border... and they immediately go to work washing the dishes and picking the vegetables and hammering the roofing shingles and mowing the lawns and cleaning the hotel rooms and cooking the meals for all the rest of us privileged white Americans...and they are coming here because the place where they live is a **** hell hole and they don't want their kids to die in it. And if that gives you a **** problem, then have the **** balls to unbolt the Statue of Liberty and send it back to France because you don't really believe in what it stands for. Just be honest. You don't give a **** about anyone other than white Americans and the rest of the world can go **** themselves.
Wilford uses a lot of dishes as he's a rather portly gentleman......when he gets done swilling the spaghetti sauce, he looks like he had a blood bath.
Factual social consensus of human behavior since dawn of civilization proves one thing every reality does in actual time adapting as displaced, guess what that is?
I don't need any explanations from indolent dopes like you.R.Suave » 18 Mar 2024, 6:41 pm » wrote: ↑ Do I need to explain why this is idiotic?
They dumped 4.3 million through 2008.
**** idiot.
Post the total job losses for 2008.Zeets2 » 19 Mar 2024, 8:17 am » wrote: ↑ I don't need any explanations from indolent dopes like you.
If you think those figures are inaccurate, prove it or shut the **** up!
So who's questioning how many total jobs were lost in 2008, dickhead? Did I EVER claim that a recession hadn't already begun when Obama was elected?
1,464,000 were lost in the first two months after your idiot socialist was elected, and the few employees I laid off in Nov. of 2008 were a drop in the ocean!
And here's how many MORE were lost once Obama made the recession GREAT! And almost as bad was the fact that even when the recession ended a year later, your idiot presided over the slowest, weakest recovery since WWII.
November 2008 – 803,000 jobs lost
December 2008 – 661,000 jobs lost[2]
2009
January 2009 – 818,000 jobs lost
February 2009 – 724,000 jobs lost
March 2009 – 799,000 jobs lost
April 2009 – 692,000 jobs lost
May 2009 – 361,000 jobs lost
June 2009 – 482,000 jobs lost
July 2009 – 339,000 jobs lost
August 2009 – 222,000 jobs lost
September 2009 – 199,000 jobs lost
October 2009 – 202,000 jobs lost[3]
November 2009 - 64,000 jobs created[4]
December 2009 - 109,000 jobs lost[4]
2010
January 2010 - 40,000 jobs lost[5]
February 2010 - 35,000 jobs lost
So have you found someone in the media who called it a GREAT recession before Obama's election day when it BECAME A GREAT RECESSION?
Or are you just going to continue blowing smoke while putting lipstick on that ugly gay pig you love so much?
No, you.
Why do you hate economic growth, Hole?
It's what you MAGAts do best.
Do you wash dishes at pizza hut or is it big boy?R.Suave » 19 Mar 2024, 8:22 am » wrote: ↑ Why do you hate economic growth, Hole?
We know you've consistently voted against it.
Maybe you don't understand it, but THE WEALTHY GOT BIGGER TAX CUTS BECAUSE THEY PAY THE MOST IN TAXES BY FAR!jerrab » 18 Mar 2024, 5:19 pm » wrote: ↑ https://www.cbpp.org/research/federal-t ... -deliverAs this debate unfolds, policymakers and the public should understand that the 2017 Trump tax law:
- Was skewed to the rich. Households with incomes in the top 1 percent will receive an average tax cut of more than $60,000 in 2025, compared to an average tax cut of less than $500 for households in the bottom 60 percent, according to the Tax Policy Center (TPC).[1] As a share of after-tax income, tax cuts at the top — for both households in the top 1 percent and the top 5 percent — are more than triple the total value of the tax cuts received for people with incomes in the bottom 60 percent.[2]
- Was expensive and eroded the U.S. revenue base. The Congressional Budget Office (CBO) estimated in 2018 that the 2017 law would cost $1.9 trillion over ten years,[3] and recent estimates show that making the law’s temporary individual income and estate tax cuts permanent would cost another roughly $350 billion a year beginning in 2027.[4] Together with the 2001 and 2003 tax cuts enacted under President Bush (most of which were made permanent in 2012), the law has severely eroded our country’s revenue base Revenue as a share of GDP has fallen from about 19.5 percent in the years immediately preceding the Bush tax cuts to just 16.3 percent in the years immediately following the Trump tax cuts, with revenues expected to rise to an annual average of 16.9 percent of GDP in 2018-2026 (excluding pandemic years), according to CBO. This is simply not enough revenue given the nation’s investment needs and our commitments to Social Security and health coverage.