tag:blogger.com,1999:blog-6616959642391988608.post6647670069736801572..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Kill the corporate income taxScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-45364263159783582442015-01-27T06:11:33.023-08:002015-01-27T06:11:33.023-08:00This is such a controversial topic.. Commenting on...This is such a controversial topic.. Commenting on this kind of topic would not be a good option. I think we should wait and watch how things will turn out to be.<br /><a href="http://www.bidnessetc.com/calculator/income-tax/" rel="nofollow">Free Income Tax Calculator</a><br />Anonymoushttps://www.blogger.com/profile/11806263406630274185noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-63771246080542703482015-01-07T06:57:48.558-08:002015-01-07T06:57:48.558-08:00The United States had no personal income tax whats...The United States had no personal income tax whatsoever until 1913. If anything we need to get rid of the individual income tax and raise corporate taxes. You have it switched, especially if the goal is to help the middle-class.ECGhttps://www.blogger.com/profile/01957781274540991359noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84904486661522858962015-01-06T09:20:07.803-08:002015-01-06T09:20:07.803-08:00Maybe snarky
But if Corporation are people they t...Maybe snarky<br /><br />But if Corporation are people they too should pay taxes!<br /><br />Frozen in the Northhttps://www.blogger.com/profile/04901959687094626879noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14643087936459245162015-01-05T09:07:44.764-08:002015-01-05T09:07:44.764-08:00The "parking" you describe sounds a lot ...The "parking" you describe sounds a lot like "savings." Are you saying that corporate savings would increase, and that this would be a bad thing?<br /><br />In any event, I think there should be a reduction in personal income tax rates to a level that would not discourage owners from taking distributions from their closely held corporations.<br /><br />If indeed a "Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15877486249765554502015-01-05T08:55:02.780-08:002015-01-05T08:55:02.780-08:00The problem with eliminating the corporate income ...The problem with eliminating the corporate income tax is that the owners could avoid income taxes by keeping profits at the corporate level. This strategy is less of a problem with large publicly held corporations, since dividend and buy back policies are more often driven by other concerns, but in privately held corporations allowing the retention of profits without any income taxes is a real Anonymoushttps://www.blogger.com/profile/14377071099444992067noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30637226743817809662015-01-05T07:54:25.617-08:002015-01-05T07:54:25.617-08:00In the face of historically high corporate revenue...In the face of historically high corporate revenue and profit, why do corporations insist on forcing individuals to pay their share of taxes?<br /><br />And don't argue "jobs." Job creation is a secondary effect of shareholder wealth creation, not a corporation's primary purpose.jpmisthttps://www.blogger.com/profile/02216671651429240510noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87695387642308117412015-01-04T07:42:50.046-08:002015-01-04T07:42:50.046-08:00Corporations do not pay taxes. Customers pay the c...Corporations do not pay taxes. Customers pay the corporate tax.Anonymoushttps://www.blogger.com/profile/17895299860743252299noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84507154723405452362015-01-04T05:16:04.585-08:002015-01-04T05:16:04.585-08:00compelling case. ain't gonna happen.compelling case. ain't gonna happen.stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32604602472800024512015-01-03T13:29:06.050-08:002015-01-03T13:29:06.050-08:00The corporate income tax, and FICA taxes, appear d...The corporate income tax, and FICA taxes, appear designed to penalize produtive behavior (working, hiring, investing).<br /><br />Taxing pollution, gasoline, and Pigou taxes make more sense.<br /><br />Total elimination of corporate income taxes, matched by equal cuts in "national security" outlays, strikes me as a good idea.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81465144471471387522015-01-03T10:59:15.240-08:002015-01-03T10:59:15.240-08:00Personal income tax is up more than corporate. Tr...Personal income tax is up more than corporate. Try dialing it back, too! Happy New Year.sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.com