[DeTomaso] NPC - Corporate taxes

Asa Jay Laughton asajay at asajay.com
Mon Nov 8 22:30:49 EST 2010


Okay all.... I'm usually pretty tolerant and sometimes have jumped in to 
these conversations myself.  I have not until now with this current thread.

I've had enough.  Yes I'm using my delete key but I'm having to use it 
on an overwhelming number of emails.  The ratio of NPC to PC has reached 
proportions that a visitor would not believe they had signed up to a 
Pantera users forum.  And it's reached such proportions that I'm 
considering putting in an NPC filter, which means I might actually miss 
some good "car" related content.

I'm not usually one to complain.

STOP IT

Thank you,
Asa Jay

Asa Jay Laughton, MSgt, USAFR, Retired
&  Shelley Marie
Spokane, WA
******************************
http://www.racingagainstautism.com
http://www.teampanteraracing.com


On 11/8/2010 18:25, Peter Kovacs wrote:
> So if I have a rental and receive $1000 per month in rent, but pay out $800 per
> month in interest toward the payment, $100 per month in insurance, $150 per
> month toward taxes, and $50 to a gardener......
>
> do I pay $120 in flat tax for the $100 rent when I actually lost $100 assuming
> no repairs?
>   
> Peter Kovacs
> 209 345-6708
> 209 436-2000 fx
>
>
>
>
> ________________________________
> From: "michael at michaelshortt.com"<michaelsavga at gmail.com>
> To: wkooiman at earthlink.net
> Cc: detomaso at realbig.com; kenn_green at yahoo.com; P6746 at aol.com; Larry Finch
> <fresnofinches at aol.com>
> Sent: Mon, November 8, 2010 4:30:24 PM
> Subject: Re: [DeTomaso] NPC - Corporate taxes
>
> If EVERYBODY paid about 12% of gross income with Zero deductions, we'd be
> more than flush. I mean everybody, from the kid at McDonalds to Bill Gates.
> Michael Shortt
> On Nov 8, 2010 7:11 PM,<wkooiman at earthlink.net>  wrote:
>> Maybe the individuals' portion has been increasing because there are fewer
> individuals working. That's the way percentages work.
>> In the past 10 years, we've probably lost 10 million jobs due to
> outsourcing.
>> And when 10 million jobs go overseas, corporations pay less taxes, so it's
> a double-whammy.
>> I guessed at the 10M number. I don't know the actual figure. I'm sure it's
> a big number, though.
>> My point is that you are right. Individuals are paying more taxes. And the
> reason they are paying more taxes is because more jobs are going overseas.
> If we get the jobs to come back stateside, individuals will pay a lower
> percentage because it is spread across more people. Corporations will pay a
> higher percentage because they have to pay for payroll taxes.
>> -----Original Message-----
>>> From: Larry Finch<fresnofinches at aol.com>
>>> Sent: Nov 8, 2010 4:01 PM
>>> To: kenn_green at yahoo.com, doug351c at gmail.com, detomaso at realbig.com,
> chrisvkimball at msn.com, P6746 at aol.com
>>> Subject: Re: [DeTomaso] NPC - Corporate taxes
>>>
>>>
>>> While tax RATES are an interesting portion of the issue, I haven't seen
> any of my detractors contest
>>> my post which pointed out the actual share of overall US taxes received
> that are PAID by corporations has
>>> been lessening while the individuals' portion has been increasing.
>>>
>>> But those figures aren't what my detractors want to learn about, or
> apparently, comprehend.
>>> Perhaps the corporate-politico-lobbyist machine has added enough loopholes
> and write-offs in recent decades to
>>> give the "high taxes are killing us" corporate crocodile tears apparent
> validity to those not willing to look at the
>>> bottom line of who is now actually PAYING what?
>>>
>>> And just for the record, just as both sides of the aisle are in the pocket
> of the Wall Street-corporate machine, so too is the corporate-owned media.
>>> They depend on advertising, not letters to the editor. They know who to
> side with, and despite the off-repeated 'liberal media' buzzword,
>>> for the most part the media's agenda is not the Common Man's agenda.
>>>
>>> Larry
>>>
>>> P.S. - Ken, I'm still waiting to hear the details on the Civil War you
> alluded to in your recent post. Or did I infer something other than what you
>>> meant by your use of the word revolution? To me a revolution is an
> internal armed uprising against a government. You could have said
>>> it would be time for increased political action, time to propose and pass
> changes to the constitution, time for peaceful demonstrations to
>>> garner support for changes in laws and regulations. But you said
> revolution.
>>> Again, please provide the details of just what your revolution would
> entail.
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> -----Original Message-----
>>> From: Ken Green<kenn_green at yahoo.com>
>>> To: Doug Braun<doug351c at gmail.com>; fresnofinches at aol.com; Pantera List
> Serve<detomaso at realbig.com>; Christopher Kimball<chrisvkimball at msn.com>
>>> Sent: Mon, Nov 8, 2010 10:49 am
>>> Subject: Re: [DeTomaso] NPC - Corporate taxes
>>>
>>>
>>>
>>>
>>> Darn it Chris, don't confuse the rhetoric with facts. The liberal main
> stream media won't stand for it!
>>> Ken
>>>
>>> --- On Mon, 11/8/10, Christopher Kimball<chrisvkimball at msn.com>  wrote:
>>>
>>>
>>> From: Christopher Kimball<chrisvkimball at msn.com>
>>> Subject: Re: [DeTomaso] NPC - Corporate taxes
>>> To: "Doug Braun"<doug351c at gmail.com>, fresnofinches at aol.com, "Pantera
> List Serve"<detomaso at realbig.com>
>>> Date: Monday, November 8, 2010, 9:59 AM
>>>
>>>
>>>
>>> By the way, there was a response about corporate taxes versus personal
> taxes. Corporate tax rates are as follows (2209 rates):
>>> 75,000 to 100,000: 34% tax rate
>>> 100,000 to 335,000: 39% tax rate
>>>
>>> So you'll notice, the tax rates are higher than individual tax rates. It's
> true that many large corporations have years when they pay little or no
> taxes, but in many cases that's because they have carry-forward losses from
> previous years. That, or they're getting subsidies from the Government for
> creating "green energy" products, that on their own wouldn't make a dime,
> but would instead lose money. In fact, the head of our regional power
> company spoke at Rotary the other day, and when questioned, she had to admit
> that the wind power facilities they are operating would be a total
> money-losing proposition if it weren't for Federal subsidies.
>>> Oh, and by the way, trust tax rates are even more egregious. After only
> the first $11,200 of income, the rate is 35%, or in other words, the same as
> the top marginal individual rate.
>>> Sincerely,
>>>
>>> Chris
>>>
>>>
>>>
>>>
>>>
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