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Asheville Citizen-Times

Any way you look at it, taxes are inevitable

In business accounting, there's something called cost of goods sold. Among the many items under that heading is taxes.

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#1
May 11, 2008
 
Its the BIGGEST reason to SUPPORT the FAIRTAX!

www.Fairtax.org

OR, NO TAXES would be even better!
David C
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#2
May 11, 2008
 
Good LTE

IN A NUTSHELL,
raising taxes on corporations does nothing except hurt the poor and middle class
by making products more expensive

AN EXAMPLE OF THIS,
is when certain people whine about raising taxes on "Big Oil"
It WILL NOT cost "Big Oil" a penny if you raise taxes on them.
If you raise taxes on "Big Oil", all that would happen is the price of gas
would go even higher, and it would be "we the people" who would actually pay the tax.

.

Joined: Aug 28, 2007
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#3
May 11, 2008
 
David is correct. Higher taxes on business only results in higher costs to the consumer.
Taxes need to be cut and congress ought to be forced to follow a budget.
OUTSPOKEN
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#4
May 11, 2008
 
G-hogg wrote:
David is correct. Higher taxes on business only results in higher costs to the consumer.
Taxes need to be cut and congress ought to be forced to follow a budget.
Congress is out of control and we have an opportunity to send representatives that have vision and will plan for the future.
I am very concerned about the caliber of county and state officials that we elect - they have more and immediate impact on our lives that people seem to realize.
Also, while I am sounding off - I have not heard any of the candidates for congress say that they will keep in close contact with the county commissioners. I will ask Mr. Shuler and Dr. Mumpower what they have in mind.
Ghost Dog
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#5
May 11, 2008
 
Taxes have been cut for the Oil Corporations and subsidies given in place, a "win/win" for the Corporations. Who pays for the tax reductions and subsidies, the taxpayers on the lower end of the scale! Corporations need workers to make their products, to "produce" but it should be for "fair" wages, not reduced wages which has been the going method since Reagan who's message was "help the corporations make more money". This was done through deregulation and allowing corporations to move operations overseas where they had almost no wages to workers and no benefits. No tariffs/fees were administered to offset the loss of jobs in the USA or loss of taxes when monies were sent to "offshore" accounts, latest example, Haliburton moving to UAE.

The best example of how a "Fair Tax" will work is the price we pay for gas and food. We all pay the same price/tax but for the poor and working folks the price/percentage is greater.$4 per gallon means nothing to the rich but to the poorer folks it means cutting back on types of food, entertainment, clothes, healthcare, utilities, everything while the rich say, "oh, well, its still cheap and my increased dividends will offset the rise"! FAIR TAX, NOT!
Ghost Dog
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#6
May 11, 2008
 
Oh, by the way, how are we going to pay the bills run up by Reagan's and "W's" tax cutting while spending like drunken sailor policies? Only through taxes! Only way to bring back the value of the dollar is by making it worth something other than the paper it is printed on. "W" is like the person who has no money in their checking account but believes they have money because they can write a check! Not the smartest folks on the earth and "W" is in charge of the account!

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#7
May 11, 2008
 
I do wish, that I could have just demanded a higher salary while raising my family, rather than having to budget.
You say spending is out of control and the solution is not to control spending, but to pour more money into the bottomless pit.

You may be correct because Obama is already purposing spending a quarter of a trillion dollars over the current spending levels.
bushwacker canton
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#8
May 11, 2008
 
It has always amazed me that repukes will believe anything there party says with out even thinking.
'Cutting taxes creates job" a repuke lie.
Carter,Regan,daddy Bush and Clinton all increased taxes.
Then w is elected and cuts taxes.For the first four years of w adm.not one job is created.W compared to all those other has had less job growth than any one of them.Also increased the deficit more than all of the other pres combined.
Why don't one of you repukes tell me how we keep spending 450 billion a year on the militiary and pay 350 billion in intrest and not raise taxes?

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#9
May 11, 2008
 
bushwacker canton wrote:
It has always amazed me that repukes will believe anything there party says with out even thinking.
'Cutting taxes creates job" a repuke lie.
Carter,Regan,daddy Bush and Clinton all increased taxes.
Then w is elected and cuts taxes.For the first four years of w adm.not one job is created.W compared to all those other has had less job growth than any one of them.Also increased the deficit more than all of the other pres combined.
Why don't one of you repukes tell me how we keep spending 450 billion a year on the militiary and pay 350 billion in intrest and not raise taxes?
Actually, the jobless rate has remained 5% or less which is considered virtual full employment.
Reagan did cut taxes.
Wars increase spending. In todays money, WWII, Korea, Vietnam, all increased deficit at a much higher rate.
I don't know how the gov. plans on paying the debt. Congress doesn't seem worried. Obama has pledged substantial spending over current levels and congress still loads up what little they have done, with pork. Nationalized health care will substantially increase the deficit to unimaginable levels.
mike
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#10
May 11, 2008
 
David C wrote:
Good LTE
IN A NUTSHELL,
raising taxes on corporations does nothing except hurt the poor and middle class
by making products more expensive
AN EXAMPLE OF THIS,
is when certain people whine about raising taxes on "Big Oil"
It WILL NOT cost "Big Oil" a penny if you raise taxes on them.
If you raise taxes on "Big Oil", all that would happen is the price of gas
would go even higher, and it would be "we the people" who would actually pay the tax.
.
And it will not bring one more drop of oil to the market.

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#11
May 11, 2008
 
mike wrote:
<quoted text> And it will not bring one more drop of oil to the market.
And maybe, less!
John Kuhlman
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#12
May 11, 2008
 
Nearly all of the major problems facing the country at the present time are going to require an increasing role of government. As large national corporations transform themselves into even larger global corporations, there will be demand for more global government.

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#13
May 11, 2008
 
John Kuhlman wrote:
Nearly all of the major problems facing the country at the present time are going to require an increasing role of government. As large national corporations transform themselves into even larger global corporations, there will be demand for more global government.
Sounds as if you are a proponent of "norming", or international consensus, rather than constitutional democracy.

“yona101@gmail.co m”

Joined: Apr 24, 2007
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Asheville/born in Tampa,
ISP Location: Swannanoa, NC
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#14
May 11, 2008
 
bushwacker canton wrote:
It has always amazed me that repukes will believe anything there party says with out even thinking.
'Cutting taxes creates job" a repuke lie.
Carter,Regan,daddy Bush and Clinton all increased taxes.
Then w is elected and cuts taxes.For the first four years of w adm.not one job is created.W compared to all those other has had less job growth than any one of them.Also increased the deficit more than all of the other pres combined.
Why don't one of you repukes tell me how we keep spending 450 billion a year on the militiary and pay 350 billion in intrest and not raise taxes?
You are such a one note instrument. If you had a clue, or any real information, you might be interesting.

Read G Hogg for a fact.
Frank Rizzo
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#15
May 11, 2008
 
Ghost,

"Taxes have been cut for the Oil Corporations and subsidies given in place, a "win/win" for the Corporations."

Care to tell us how much ExxonMobil paid in taxes to the US Federal Government last year?

Answer, over $100 BILLION.

What is ExxonMobil's effective corporate income tax rate?

Answer, 41%.

And how about this, ExxonMobil has paid MORE in corporate income taxes the past 7 years than the sum total of ALL their revenue in the US.

"The best example of how a "Fair Tax" will work is the price we pay for gas and food. We all pay the same price/tax but for the poor and working folks the price/percentage is greater."

Should we all carry around a card with our annual income listed on it and the cashier at the register charge us accordingly for all products?
Frank Rizzo
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#16
May 11, 2008
 
John Kuhlman wrote:
Nearly all of the major problems facing the country at the present time are going to require an increasing role of government. As large national corporations transform themselves into even larger global corporations, there will be demand for more global government.
Nearly all the problems facing us is because government has grown too massive and continues to grow at a fast pace in size, scope, and power.

Lower Taxes + Less Goverment = More Freedom!
Ghost Dog
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#18
May 11, 2008
 
Exxon paid $30 Billion, not $100 Billion!

The "jobless rate" is totally skewed since so many lower and middle class people are having to take two and three jobs to try and make ends meet. It takes one hours labor to buy two gallons of gas for the lower scale workers, twenty gallons, 10 hours, more than a day to have gas for the week for the average person/family. Aren't Monopolies wonderful, Repugs sure love them! Rizzo's idea is to be broke, indepted and free to walk the streets begging for food from the "Elitists"! How does a government pay it's bills without taxes. In the beginning tariffs and fees were supposed to pay for government but Iraqi oil was supposed to pay for the war and rebuilding, so it goes with Repug ideas!

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#19
May 11, 2008
 
Ghost Dog wrote:
Exxon paid $30 Billion, not $100 Billion!
The "jobless rate" is totally skewed since so many lower and middle class people are having to take two and three jobs to try and make ends meet. It takes one hours labor to buy two gallons of gas for the lower scale workers, twenty gallons, 10 hours, more than a day to have gas for the week for the average person/family. Aren't Monopolies wonderful, Repugs sure love them! Rizzo's idea is to be broke, indepted and free to walk the streets begging for food from the "Elitists"! How does a government pay it's bills without taxes. In the beginning tariffs and fees were supposed to pay for government but Iraqi oil was supposed to pay for the war and rebuilding, so it goes with Repug ideas!
There you go. Working hours just to make ends meet and you are calling for increasing taxes to take even more of that money.
bushwacker canton
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#20
May 12, 2008
 
G-hogg wrote:
<quoted text>
Actually, the jobless rate has remained 5% or less which is considered virtual full employment.
Reagan did cut taxes.
Wars increase spending. In todays money, WWII, Korea, Vietnam, all increased deficit at a much higher rate.
I don't know how the gov. plans on paying the debt. Congress doesn't seem worried. Obama has pledged substantial spending over current levels and congress still loads up what little they have done, with pork. Nationalized health care will substantially increase the deficit to unimaginable levels.
Gh just wondering are you and yona relatives?You both like to lie.
1.Jobless rate was 3.9% under Clinton it is now over 5%.5% is considered full employment only if your a repuke.
2.Regan did cut taxes and less jobs were created under him than Carter or Bill.
3.As for what Obama will spend at least he has a proposal to pay for it.
4.On the war and the deficit.No pres was dumb enough to cut taxes during war except your hero.The deficit w and the repuke congress will leave for the dems to straighten out is more than any pres. has had in history.
Frank Rizzo
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#21
May 12, 2008
 
Ghost,

"Exxon paid $30 Billion, not $100 Billion!"

I am not surprised you can not distinguish between income taxes and ALL taxes they paid. Learn to read what I write. Did I say they paid "$100 billion" in income taxes? No. Their total tax bill was in excess of $100 Billion.
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