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#131
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posted to rec.boats
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"Larry" wrote in message
... nom=de=plume wrote: wrote in message ... nom=de=plume wrote: wrote in message ... nom=de=plume wrote: wrote in message ... On Wed, 7 Apr 2010 19:33:26 -0700, "nom=de=plume" wrote: Nope. ExxonMobil is treated as an individual, according the several Supreme Court rulings. Most recently, this involved lobbying limits being removed. You are referring to speech rights, Larry is talking about tax status. Two different things. So far. With the current court, who knows. It's pretty hard to separate one from the other, esp. if they're not paying their "fair" share. Let's not get too confused. The corporate officers are taxed when they take the profits as compensation and the stock holders are taxed when they take the profits as dividends. If the profits stay in the corporation and used to grow the business that is good for everyone, including the government. You are talking about double taxation. There are plenty of ways for the corporate officers (or anyone who is sufficiently well-off) to avoid most of the taxes. Not legally. Sorry, but you'll need to be a bit more convincing before I accept your legal advise. Nothing wrong with growing a business from profit. Something is wrong though when that runs counter to what's best for the country. Those are capital expenditures and are depreciated over time. ?? What??? What do capital expenditures and depreciation have to do with being a responsible corporate citizen? If you want to tax the corporations to get at the fat cats, tax the "expenses" that are used for things the rest of us call the cost of living. Better yet make the officers show that as income and tax them. A fair tax for everyone is, well, fair. Another reason why a flat tax is regressive (but that's another subject). Again though, we're talking about the gov't stepping in, which is an anathema to some people. How else do you grow your business? Growth almost always requires new capital expenditures. New employee? New desk and computer. Get it? What are you going on about. You're going to complain about fair taxation? If you're going to make a point, try and make it a bit more obvious for me. I only have a graduate business degree, and I just don't understand. You might want to go back to school. You might want to not drop out next time... sorry, big assumption that you were actually in school at one point in your sorry life. -- Nom=de=Plume |
#133
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posted to rec.boats
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"Larry" wrote in message
... nom=de=plume wrote: wrote in message ... nom=de=plume wrote: wrote in message ... nom=de=plume wrote: wrote in message ... nom=de=plume wrote: wrote in message news ![]() On Wed, 07 Apr 2010 01:31:41 -0700, wrote: Every time you drive up to the pump, you pay more in federal tax for a single gallon of gasoline (18.4 cents) than ExxonMobil paid in U.S. income taxes in 2009. That's in spite of the fact that the world's second largest company had a gross operating profit of nearly $53 Corporations don't pay taxes, their customers do.. If they paid any additional taxes, it would simply show up in the price of gas, with the profit tacked on. I understand some people do want to increase taxes on gasoline and this is a way to do it but understand that is what you would be doing. There is a basic problem with how corporations are treated as individuals. They're not people. That's an S-corp. Exxon Mobil is a publicly traded C-corp. Nope. ExxonMobil is treated as an individual, according the several Supreme Court rulings. Most recently, this involved lobbying limits being removed. Really? XOM is a sole proprietorship now? I missed that. Corporations, as they relate to campaign financing. Both sides of the isle aren't sure about the implications. http://www.npr.org/templates/story/s...ryId=122805666 Did you mean aisle? I'm here to help. When did this discussion deviate from taxes? Evidently you chose to put up this smoke screen. Read your own words before you write. You said XOM was not a corporation. Now you are trying to avoid your mistake and change the discussion to campaign financing? Nice try. Yeah, the island. The one we're on. I'm on the other side with the rational people. I never said XOM was not a corp. I said that legally they're treated as an individual. Try again bozo. Read it again. I'm not going to do it for you. Perhaps you're incapable, as you are in so many other aspects of your life. -- Nom=de=Plume |
#134
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posted to rec.boats
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"Bill McKee" wrote in message
m... "hk" wrote in message m... On 4/10/10 4:50 PM, bpuharic wrote: On Sat, 10 Apr 2010 13:33:43 -0700, "Bill McKee" wrote: wrote in message ... On Fri, 9 Apr 2010 22:47:57 -0700, "Bill McKee" wrote: Sad when people think that less than $100k is near poverty. Maybe they should associate with the real middle class. Those ringing up the groceries in the grocery store. Clerks in a local store. The clerk in the local legal drug store. The machinist at the local automotive machine shop, the local mechanic. spare me. the attiude of the wealthy towards the middle class was just demonstrated by the mine owner who killed 25 miners. the middle class is expendable. I hought Harry's unions were to protect the workers. there are no unions in the US. the middle class has voted for politicians who destroy them, preferring to be protected by wall street. The mine in which 29 died this week was not a union mine. The CEO has a long rep as a union buster. So your union is powerless. Next they will need to scrap their healthcare insurance. Hmm... let's see. The right wing claims unions are all-powerful and now you're claiming they're powerless. At least you're consistently inconsistent. -- Nom=de=Plume |
#135
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posted to rec.boats
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wrote in message
... On Sat, 10 Apr 2010 18:10:14 -0700, "nom=de=plume" wrote: I believe tort is responsible for a few percentage points of the overall cost. Cite that. Be sure to include the legal costs of the suits that fail and the defensive medicine, useless tests and unneeded procedures to avoid or blunt a tort. Read up: http://www.factcheck.org/president_u..._costs_of.html -- Nom=de=Plume |
#136
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posted to rec.boats
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"Bill McKee" wrote in message
m... wrote in message ... On Sat, 10 Apr 2010 20:56:51 -0400, hk wrote: What insurance does is create a target rich environment for lawyers. Between the two of them you are right, it is a huge drag on the economy. We would actually be better off without any insurance at all but then people would have to plan for their own futures and their own problems, Health insurance should be a commodity product similar in a number of aspects to car insurance. That is the GOP "across state lines" plan isn't it? Car insurance is a lawyer scam too. They are on TV every day soliciting people to suddenly discover a sore neck or other ailment that will result in a quick, lucrative settlement. The classic ad on TV here is the one that says "call a lawyer before you call your insurance company" and we wonder why car insurance is over $1000 a year in some places Probably 40% of the drivers on the road are uninsured. Most do not need inusrance. They get in a crash. If it is their fault, and you are insured your uninsured coverage pays. Other guy walks as he has no assets. You hit the other guy and his lawyer gets him a million bucks of your insurance and assets. Cure the uninsured motorist problem in 5 minutes. Pass laws that say you can sue for as much insurance as you carry. No insurance, your car is totaled, tough ****. I would require the person at fault to pay direct medical costs. No pain and suffereing, no lost wages, no damages. You would see insurance cost decrease dramatically. Probably, you'd be wrong as usual. It's projected to be perhaps 17%. -- Nom=de=Plume |
#137
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posted to rec.boats
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"Canuck57" wrote in message
... On 11/04/2010 1:20 AM, Bill McKee wrote: wrote in message ... On Sat, 10 Apr 2010 20:56:51 -0400, wrote: What insurance does is create a target rich environment for lawyers. Between the two of them you are right, it is a huge drag on the economy. We would actually be better off without any insurance at all but then people would have to plan for their own futures and their own problems, Health insurance should be a commodity product similar in a number of aspects to car insurance. That is the GOP "across state lines" plan isn't it? Car insurance is a lawyer scam too. They are on TV every day soliciting people to suddenly discover a sore neck or other ailment that will result in a quick, lucrative settlement. The classic ad on TV here is the one that says "call a lawyer before you call your insurance company" and we wonder why car insurance is over $1000 a year in some places Probably 40% of the drivers on the road are uninsured. Most do not need inusrance. They get in a crash. If it is their fault, and you are insured your uninsured coverage pays. Other guy walks as he has no assets. You hit the other guy and his lawyer gets him a million bucks of your insurance and assets. Cure the uninsured motorist problem in 5 minutes. Pass laws that say you can sue for as much insurance as you carry. No insurance, your car is totaled, tough ****. I would require the person at fault to pay direct medical costs. No pain and suffereing, no lost wages, no damages. You would see insurance cost decrease dramatically. Why not require insurance? Seriously? If your caught without it say $1000 fine and lose the vehicle. Double the fine for each occurance and jail if not paid. Would be good to say if an uninsured was hit by an insured, the insured does not have to pay for the uninsured. Makes sense, good social engineering. In Canada we have maximum settlements much lower than the US and don't see it in the rates. I personally have no problem in suing a person into the poor house if they DWI in a red light and kill someone. The real problem is with juries making feel good judgements, that is they feel sorry for the injured and figure they need money. The wrong way to make the judgement. Like our propeller case in another thread. In no way is the manufacture liable for a idiot boater backing up on a swimmer. Nor a swimmer entering the water with a motor a running. Stupid case shouldn't even be heard. -- The Liberal way, take no responsibility. Sounds like a gov't takeover to me. Did I mention you're an idiot today? -- Nom=de=Plume |
#138
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posted to rec.boats
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wrote in message
... On Sat, 10 Apr 2010 18:09:39 -0700, "nom=de=plume" wrote: What insurance does is create a target rich environment for lawyers. Between the two of them you are right, it is a huge drag on the economy. We would actually be better off without any insurance at all but then people would have to plan for their own futures and their own problems, It's not all about poor planning. Few people can afford to deal with catastrophic illnesses. Even millionaires have gone broke. Most people want a lot more than catastrophic coverage. If that was all we wanted it would be pretty cheap. My $3000 deductible is "free" from IBM (costs them less than $2k a year) but the PPO would cost me $12,000 a year plus their $2k and still be a $20 co pay. The poor planning part is people who can't save up a few hundred a year for routine checkups and minor care unless they have the insurance company "save" it for them (with a 17% handling charge). People are not talking about insurance here, they are talking about a medical bookie that collects the "vig" on every procedure and treatment. The classic is the drug plan. You know you are going to buy the drug, the insurance company knows you are going to buy the drug. How in the hell can it end up being cheaper letting them broker the transaction? They want a lot more than catastrophic coverage because they don't want a small problem to turn into a big problem. -- Nom=de=Plume |
#139
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posted to rec.boats
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On 4/11/10 2:40 PM, nom=de=plume wrote:
"Bill wrote in message m... wrote in message m... On 4/10/10 4:50 PM, bpuharic wrote: On Sat, 10 Apr 2010 13:33:43 -0700, "Bill McKee" wrote: wrote in message ... On Fri, 9 Apr 2010 22:47:57 -0700, "Bill McKee" wrote: Sad when people think that less than $100k is near poverty. Maybe they should associate with the real middle class. Those ringing up the groceries in the grocery store. Clerks in a local store. The clerk in the local legal drug store. The machinist at the local automotive machine shop, the local mechanic. spare me. the attiude of the wealthy towards the middle class was just demonstrated by the mine owner who killed 25 miners. the middle class is expendable. I hought Harry's unions were to protect the workers. there are no unions in the US. the middle class has voted for politicians who destroy them, preferring to be protected by wall street. The mine in which 29 died this week was not a union mine. The CEO has a long rep as a union buster. So your union is powerless. Next they will need to scrap their healthcare insurance. Hmm... let's see. The right wing claims unions are all-powerful and now you're claiming they're powerless. At least you're consistently inconsistent. Hey...BiliousBill figured out all on his own that unions don't have much power to make non-unionized workplaces safer... Unionized mines, by the way, have better safety records than non-unionized mines. Bill's last employment was running a home fixit business with undocumented work crews he selected at shape-ups. -- http://tinyurl.com/ykxp2ym |
#140
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posted to rec.boats
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On 4/11/10 2:45 PM, nom=de=plume wrote:
"Bill wrote in message m... wrote in message ... On Sat, 10 Apr 2010 20:56:51 -0400, wrote: What insurance does is create a target rich environment for lawyers. Between the two of them you are right, it is a huge drag on the economy. We would actually be better off without any insurance at all but then people would have to plan for their own futures and their own problems, Health insurance should be a commodity product similar in a number of aspects to car insurance. That is the GOP "across state lines" plan isn't it? Car insurance is a lawyer scam too. They are on TV every day soliciting people to suddenly discover a sore neck or other ailment that will result in a quick, lucrative settlement. The classic ad on TV here is the one that says "call a lawyer before you call your insurance company" and we wonder why car insurance is over $1000 a year in some places Probably 40% of the drivers on the road are uninsured. Most do not need inusrance. They get in a crash. If it is their fault, and you are insured your uninsured coverage pays. Other guy walks as he has no assets. You hit the other guy and his lawyer gets him a million bucks of your insurance and assets. Cure the uninsured motorist problem in 5 minutes. Pass laws that say you can sue for as much insurance as you carry. No insurance, your car is totaled, tough ****. I would require the person at fault to pay direct medical costs. No pain and suffereing, no lost wages, no damages. You would see insurance cost decrease dramatically. Probably, you'd be wrong as usual. It's projected to be perhaps 17%. I wonder if bilious bill had workers' comp insurance coverage for the undocumented workers he "hired" to handle the work in his home fixit business. What do you think? -- http://tinyurl.com/ykxp2ym |
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