Recruiting Forum Off Topic Thread III

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#4,154
#4,154
dyllisvol42 said:
I once did a full spread for play girl magazine. No one knew about it cause I didn’t go by dyllisvol I went by Mike Honcho.
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#4,160
#4,160
Brillovol said:
At least fair and consistent internet sales taxation will even the game. South Dakota vs. Wayfair was a huge step in evening the playing field for sales in the internet era.
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Rishvol said:
Same with GE and some other companies. Complete BS but when you got people in power by the leash
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I need to look this up. I knew some companies were getting way too many incentives on their taxes and other things, but I didn't think it was that bad. Complete nonsense.
 
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#4,162
#4,162
Esophageal ulcers are terrible. I had a medicine I was taking that caused them and I didn’t think they were ever going to leave. You can’t eat anything with them, it’s literally impossible almost. I feel for the guy.
 
#4,165
#4,165
I once sliced a ball so bad into the woods, when I was out looking for it Jason Vorhees popped out of a shrub, handed it to me, shook my hand, and walked off.
 
#4,167
#4,167
InVOLuntary said:
You guys realize all companies pay zero in taxes, right?
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I think you mean certain international corporations have ways of getting around paying US taxes... like Google for example who does their taxes publicly to make a point.

Domestic companies, domestic small businesses, etc... oh yes... they pay taxes. :good!:
 
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#4,169
#4,169
Large Corporations (IE: Walmart) have had a tax rate of 35% for years. That rate was just dropped to 21% by the Tax Cuts and Jobs Act. That tax is on Income not profit. So yes large US Corporations do pay taxes.
 
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#4,171
#4,171
What I'm referring to is any taxes, corporate, property, payroll, etc. all get passed on to the consumer of the goods or services, usually at a markup. No company really ever pays taxes.
 
#4,172
#4,172
Many small businesses (LLC) do pay a direct income tax to the federal government. The tax is collected from the owner/owners based on profit. That is why you see small businesses invest in their companies rather than suck out all the money in profit.

For example, Farmer Joe finished his year with $250,000 in the green. Farmer Joe could take out all that money for profit and pay a large sum to Uncle Sam. However Farmer Joe decides a new tractor could increase his yields next year. He goes out and buys a new tractor (which he pays taxes on) and only takes out what he needs to make it to next year.

This is done countless times by small businesses to avoid heavy taxation. This in turn stimulates our economy from all the goods purchased, therefor creating more taxes for the government to collect. It is a huge aspect of the US economy.

I wish they would make it where Small Businesses had to “Buy American” (purchase goods made in America) when re-investing and using this “loop hole”. However, that would involve government interference with what we have left of a free market, which I am not a fan of.
 
#4,173
#4,173
InVOLuntary said:
What I'm referring to is any taxes, corporate, property, payroll, etc. all get passed on to the consumer of the goods or services, usually at a markup. No company really ever pays taxes.
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That is a short sided argument. Of course companies raise prices to cover taxes, otherwise the company wouldn’t generate any profit. For a company such as Walmart, selling items to a consumer is how they generate the funds to cover all their cost. Labor, shipping, buildings, overhead, and taxes.

Where else could the money come from?
 
#4,174
#4,174
InVOLuntary said:
What I'm referring to is any taxes, corporate, property, payroll, etc. all get passed on to the consumer of the goods or services, usually at a markup. No company really ever pays taxes.
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This is gonna get into a "who pays the vig" in gambling, the winner or the loser?"-style conversation where there isn't a way to convince either side isn't it?

If I place a wager of $110 to win $100, and I win... I win $100
If I place a wager of $110 to win $100, and I lose... I lose $110

Who paid the vig?

A)The winner did because he didn't get full value for his bet. He paid $110, the loser paid $110, he got $210 back... so he paid $10 to the house.
B)The loser did because he had to pay an extra $10 on top of his possible winnings.

That's always a fun one :eek:lol:
 
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#4,175
#4,175
VOLuptuousBOOMS said:
That is a short sided argument. Of course companies raise prices to cover taxes, otherwise the company wouldn’t generate any profit. For a company such as Walmart, selling items to a consumer is how they generate the funds to cover all their cost. Labor, shipping, buildings, overhead, and taxes.

Where else could the money come from?
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Ok. So you think these corps, out of the good of their hearts just absorb the tax and thus lower their profit margin? All taxes are passed on as cost item. You can call it what you want but the consumer pays any and all taxes that have acrued on that product or service.
 
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