On Tue, 23 Aug 2011 20:47:09 -0600, Canuck57
wrote:

On 23/08/2011 8:36 PM, Califbill wrote:
"Canuck57" wrote in message news
On 23/08/2011 9:47 AM, wrote:
On Mon, 22 Aug 2011 21:37:12 -0700, "Califbill"
wrote:

Reply:
Actually read the article.
http://money.cnn.com/galleries/2010/...x_bills/2.html

Exxon paid 47% of their profit in taxes. Just not in the US. They
get to
deduct those taxes paid overseas. It says Nigeria gets a tax rate of
85% on
any profits in the country. Seems as if it is congress problem, not an
Exxon problem. Looks like Exxon actually paid the USA 7.7 Billion in
taxes
and duties last year. Seems as if that added some to the cost of fuel.

I thought the US was the most heavily taxed nation in the world. Which
is it. Do we have high or low taxes? Since you claim to have read the
article, please tell us how many taxes Exxon paid to the IRS?
Absolutely zero, so naturally we gave them a subsidy to ruin the
environment.

Maybe on a gross level, but no one an individual level. Just that with
your record you can't travel out of state much less the country.
--
We have the most expensive governments no one can afford.
And wonder why the economy is doing so poorly?


Reply:
Article said Exxon paid $7.7 billion in taxes to USA entities.

I am sure they did. I know COP pays plenty, I read their financial reports.

What we really see here is a evil idiot Obama using peoples greed and
envy as blame deflection. Get them to hate someone else, appealing to
low life need to hate. Have them hate the "rich" and they will hate
Obama less. Feed and prey on the gullibility of stupid fleabaggers.

A well known, open discussed form of management and political psychology
and I am sure Obama picked it up at Harvard or somewhere. Usually a
sign of a political bully mentality with narcissism and a closed mind.
Certain shows Obama to be a manipulative SOB.

US corporations also pay FICA tax (6.2%). So, despite that Greg said
corporations don't pay taxes, they do.

On Wed, 24 Aug 2011 01:53:41 -0400, wrote:

On Tue, 23 Aug 2011 20:28:11 -0700, wrote:

On Tue, 23 Aug 2011 20:47:09 -0600, Canuck57
wrote:

On 23/08/2011 8:36 PM, Califbill wrote:
"Canuck57" wrote in message news
On 23/08/2011 9:47 AM, wrote:
On Mon, 22 Aug 2011 21:37:12 -0700, "Califbill"
wrote:

Reply:
Actually read the article.
http://money.cnn.com/galleries/2010/...x_bills/2.html

Exxon paid 47% of their profit in taxes. Just not in the US. They
get to
deduct those taxes paid overseas. It says Nigeria gets a tax rate of
85% on
any profits in the country. Seems as if it is congress problem, not an
Exxon problem. Looks like Exxon actually paid the USA 7.7 Billion in
taxes
and duties last year. Seems as if that added some to the cost of fuel.

I thought the US was the most heavily taxed nation in the world. Which
is it. Do we have high or low taxes? Since you claim to have read the
article, please tell us how many taxes Exxon paid to the IRS?
Absolutely zero, so naturally we gave them a subsidy to ruin the
environment.

Maybe on a gross level, but no one an individual level. Just that with
your record you can't travel out of state much less the country.
--
We have the most expensive governments no one can afford.
And wonder why the economy is doing so poorly?


Reply:
Article said Exxon paid $7.7 billion in taxes to USA entities.

I am sure they did. I know COP pays plenty, I read their financial reports.

What we really see here is a evil idiot Obama using peoples greed and
envy as blame deflection. Get them to hate someone else, appealing to
low life need to hate. Have them hate the "rich" and they will hate
Obama less. Feed and prey on the gullibility of stupid fleabaggers.

A well known, open discussed form of management and political psychology
and I am sure Obama picked it up at Harvard or somewhere. Usually a
sign of a political bully mentality with narcissism and a closed mind.
Certain shows Obama to be a manipulative SOB.

US corporations also pay FICA tax (6.2%). So, despite that Greg said
corporations don't pay taxes, they do.

Employees pay FICA, it is just factored into their wages.
I am sure you have never made a payroll either.
Fica, insurance and other benefits are simply another part of the cost
of labor.

That is why a "contractor" makes more money.

Employers pay also. Employees currently pay 4.2%. Employers currently
pay 6.2%.

Contractors "make more money" in initial take home pay only if they
are 1099 workers. If they are W2 workers, the same numbers apply. If
they are 1099 workers, they pay the total FICA (4.2 + 6.2).

I'm sure you don't know much about the tax system in this country,
since you obviously don't know about how FICA is collected.

As I've said several times, I have a few employees. How many do you
have? Zero.

FICA, insurance, etc. are certainly part of doing business. So what?
That's a meaningless comment.

On Wed, 24 Aug 2011 11:09:32 -0400, wrote:

On Tue, 23 Aug 2011 23:31:44 -0700, wrote:

On Wed, 24 Aug 2011 01:53:41 -0400, wrote:

On Tue, 23 Aug 2011 20:28:11 -0700, wrote:

On Tue, 23 Aug 2011 20:47:09 -0600, Canuck57
wrote:

On 23/08/2011 8:36 PM, Califbill wrote:
"Canuck57" wrote in message news
On 23/08/2011 9:47 AM, wrote:
On Mon, 22 Aug 2011 21:37:12 -0700, "Califbill"
wrote:

Reply:
Actually read the article.
http://money.cnn.com/galleries/2010/...x_bills/2.html

Exxon paid 47% of their profit in taxes. Just not in the US. They
get to
deduct those taxes paid overseas. It says Nigeria gets a tax rate of
85% on
any profits in the country. Seems as if it is congress problem, not an
Exxon problem. Looks like Exxon actually paid the USA 7.7 Billion in
taxes
and duties last year. Seems as if that added some to the cost of fuel.

I thought the US was the most heavily taxed nation in the world. Which
is it. Do we have high or low taxes? Since you claim to have read the
article, please tell us how many taxes Exxon paid to the IRS?
Absolutely zero, so naturally we gave them a subsidy to ruin the
environment.

Maybe on a gross level, but no one an individual level. Just that with
your record you can't travel out of state much less the country.
--
We have the most expensive governments no one can afford.
And wonder why the economy is doing so poorly?


Reply:
Article said Exxon paid $7.7 billion in taxes to USA entities.

I am sure they did. I know COP pays plenty, I read their financial reports.

What we really see here is a evil idiot Obama using peoples greed and
envy as blame deflection. Get them to hate someone else, appealing to
low life need to hate. Have them hate the "rich" and they will hate
Obama less. Feed and prey on the gullibility of stupid fleabaggers.

A well known, open discussed form of management and political psychology
and I am sure Obama picked it up at Harvard or somewhere. Usually a
sign of a political bully mentality with narcissism and a closed mind.
Certain shows Obama to be a manipulative SOB.

US corporations also pay FICA tax (6.2%). So, despite that Greg said
corporations don't pay taxes, they do.

Employees pay FICA, it is just factored into their wages.
I am sure you have never made a payroll either.
Fica, insurance and other benefits are simply another part of the cost
of labor.

That is why a "contractor" makes more money.

Employers pay also. Employees currently pay 4.2%. Employers currently
pay 6.2%.

Contractors "make more money" in initial take home pay only if they
are 1099 workers. If they are W2 workers, the same numbers apply. If
they are 1099 workers, they pay the total FICA (4.2 + 6.2).

I'm sure you don't know much about the tax system in this country,
since you obviously don't know about how FICA is collected.

As I've said several times, I have a few employees. How many do you
have? Zero.

FICA, insurance, etc. are certainly part of doing business. So what?
That's a meaningless comment.

I know how it is "collected", we are talking about where it comes from
(the labor of the employee, passed on to the customer in the cost of
the product, with profit tacked on)

I said corporations only COLLECT taxes, they don't pay them,.

Are you trying to say you do not take FICA into account when you
decide how much you are willing to pay an employee and how you price
your service?

Yes a contractor does get paid on a 1099 what's your point? I have
been a contractor and an employee. I like contractor better.

I have no employees right now but my wife has over 40, more in season.

When we had our other business we had a mix of employees and
contractors. If someone wanted to change from a contractor to an
employee, they took a pay cut, enough to cover the FICA, insurance and
other costs ... or we considered it a raise. You work for every dime
of that FICA.

You're not thinking properly. Corps pay taxes. They pay FICA. It
doesn't come from workers. It's based on how much the corps pay them.
People's pay certainly isn't "reduced" to pay for FICA, etc. It's the
cost of doing business.

You can dance all you want, but the bottom line is that you believe no
corp taxes are appropriate. Zero. Well, it doesn't work that way. FICA
is paid by both the worker and the corp. Feel free to argue until
you're blue in the face, but it's nonsense.

Actually, contractors can work on a W2 basis. They just work for
another corp that ALSO takes out and PAYS FICA.

So, feel free to admit your wrong or don't.

Corps make decisions based on all sorts of factors, one of which is
tax and benefit costs. So what.

On Wed, 24 Aug 2011 16:24:04 -0400, wrote:

On Wed, 24 Aug 2011 08:19:51 -0700, wrote:

On Wed, 24 Aug 2011 11:09:32 -0400, wrote:

On Tue, 23 Aug 2011 23:31:44 -0700, wrote:

On Wed, 24 Aug 2011 01:53:41 -0400, wrote:
talking about where it comes from
(the labor of the employee, passed on to the customer in the cost of
the product, with profit tacked on)

I said corporations only COLLECT taxes, they don't pay them,.

Are you trying to say you do not take FICA into account when you
decide how much you are willing to pay an employee and how you price
your service?

Yes a contractor does get paid on a 1099 what's your point? I have
been a contractor and an employee. I like contractor better.

I have no employees right now but my wife has over 40, more in season.

When we had our other business we had a mix of employees and
contractors. If someone wanted to change from a contractor to an
employee, they took a pay cut, enough to cover the FICA, insurance and
other costs ... or we considered it a raise. You work for every dime
of that FICA.

You're not thinking properly. Corps pay taxes. They pay FICA. It
doesn't come from workers. It's based on how much the corps pay them.
People's pay certainly isn't "reduced" to pay for FICA, etc. It's the
cost of doing business.

You can dance all you want, but the bottom line is that you believe no
corp taxes are appropriate. Zero. Well, it doesn't work that way. FICA
is paid by both the worker and the corp. Feel free to argue until
you're blue in the face, but it's nonsense.

Actually, contractors can work on a W2 basis. They just work for
another corp that ALSO takes out and PAYS FICA.

So, feel free to admit your wrong or don't.

Corps make decisions based on all sorts of factors, one of which is
tax and benefit costs. So what.

They also set their prices based on that and all costs and taxes are
passed along to the customer

Which has nothing to do with much. As I said, corporations pay taxes.
You claimed corporations don't pay taxes. They do. What they do after
they pay them or how they figure into their bottom line is secondary
to the fact that they pay them. They also get all kinds of unnecessary
subsidies and tax breaks, mostly undeserved. They need to pay their
fair share and not be subsidized, for example, to send jobs elsewhere.
Despite what Mitt and the Supremes say, corps are not people.

On Mon, 22 Aug 2011 18:28:04 -0600, Canuck57
wrote:



Says it well, Harvard, Princeton and Yale slave masters are out to make
us all warriors or slaves. And you, being on welfare should be worried
as once your rights are sufficiently diminished, they will stop paying you.

But in the mean time I expect you will continue to believe Obama's bull****.


that's true. the american people will vote for a far right winger who
will tax them to death to protect the wealthy

On Mon, 22 Aug 2011 19:42:45 -0600, Canuck57
wrote:

Such a vote would come down to whether or not American voters want their
economic liberty....or what is left of it under Obama.

HAHAHAH the right is now planning to destroy the entire middle class
to support the rich

and it's the black guys' fault!!

On Mon, 22 Aug 2011 21:37:12 -0700, "Califbill"
wrote:

"

Such a vote would come down to whether or not American voters want their
economic liberty....or what is left of it under Obama.

what's funny about the right wing is they want tax increases for the
middle class

to give to exxon for creating jobs. problem is, exxon doesnt have to
tell you whether those jobs are created in the US or overseas

so middle class taxpayers could be taxed to pay for exxon to create
jobs in saudi arabia

courtesy of the right wing

On Mon, 22 Aug 2011 22:21:58 -0600, Canuck57
wrote:

On 22/08/2011 7:56 PM, wrote:
On Mon, 22 Aug 2011 18:13:20 -0400, X ~
wrote:

1) Exxon Mobil

Corporations don't pay taxes, they just collect the money from their
customers, tack on some profit and pass it on in the cost of the
product.

It is just a way to put a hidden tax on the consumer, similar to a
VAT. The only problem is you punish the American company for doing all
of it's business inside the US. If you are a multinational, it is very
easy to make all of your "profit" in another country. Hence the
companies you listed did not make a "US profit".

US companies have been doing this since the 70's. It is why Euro is so
VAT happy, get the revenue on the sale is harder to beat than the tax
rackets.

real problem is the right wing destroyed labor unions and let
companies buy the US govt.

america has the worst income split in the western world

according to the right wing that produces jobs

where are they?

Without it, your just tax slaves, working for the government without the
benefits.

US taxes are the lowest they've been in 60 years

how's that working out?

canuck doesnt know **** about economics.

he just knows there's a black guy in the white house who's not the
doorman