if you toned it down to like 80% you'd be a spot-on TI
__________________
Your Lord knows very well what is in your heart. Your soul suffices this day as a reckoner against you. I need no witnesses. You do not listen to your soul, but listen instead to your anger and your rage.
It doesn't. It really doesn't. You gave a label that has an explicitly measurable result that does not come anywhere close to "incredibly low." The best you can say is "around the same as other Western Countries" but that's not entirely honest, either.
You and Lazybones are peddling falsehoods. Not sure why.
Lol so wait. A few "experts" have said what the stock market doing now is very normal and natural and something usually seen when there is job growth.
Lol no. That can't be true. Or rather, it better not be true. Not after the way the left reacted.
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
If yes, then DarthSkywalker0 is wrong. If no, then DarthSkywalker0 is still wrong.
Wait a minute, why? Because they never dipped below 20% in their own numbers. As I posted already, 22% is "the rest of the world."
At no point do those numbers represent "absurdly low" or anything even close to "far lower than most countries."
Please tell me, what is your actual interest in this? Why do you want the US to have an "absurdly low effective corporate tax rate"? You know it's not true. I can only assume that this was a myth you had heard and read about but never took the time to discover that it was false but now you're sticking to it despite even your own source disagreeing with you. Be honest, you definitely do not think "2%", in the worst case, is "far lower than the rest of the world." If you did, then you must admit that when it was 4% higher than the rest of the world, you'd say, "holy shit, it's f*cking huuuuuge! A ridiculously large difference! We are living under a tyrannically high effective corporate tax rate!" If you think just 2% less for one year is "absurdly low", then you must think 4% higher is the above quote.
Hey Steve, how many socks on the same forum is excessive?
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
Wouldn't a legendary poster know mods can see your IP?
__________________ Chicken Boo, what's the matter with you? You don't act like the other chickens do. You wear a disguise to look like human guys, but you're not a man you're a Chicken Boo.
I find it honestly really funny that you think a quick google search surpasses multiple studies and economists, but if you are so confident that your knowledge outstrips me on this subject let's dive into the number you provided. This chart was made in a study by the economist Yardeni,
(please log in to view the image)
The corporate tax rate as shown by the treasury in Q3 of 2017 was 20.7%. There is a major problem with this number, as it uses GDP data which tends to be higher than the number shown by the IRS. Yardeni uses the treasury data and finds,
They found a 12.6% corporate tax rate. So, I am inclined to believe in the actual collected revenues rather than a cursory google search. But, I am sure that David Stockman is just a massive purveyor of myths.
But, no I must have some hidden agenda. You have found me out Dadudemon.
Here is what I "assume": You used a cursory google search to find out the effective corporate tax rate, but failed to dive into the data. You clearly have no affinity for economics, but you certainly do have an affinity in bloviation. Now please show me what I am missing.
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Whoa dadudemon... you gonna take that? You just gonna let him bump you to the bottom of the lobster dominance hierarchy?
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Shadilay my brothers and sisters. With any luck we will throw off the shackles of normie oppression. We have nothing to lose but our chains! Praise Kek!
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So you're upset that you were wrong, then you backpeddled and said "duh US Treasury, den!" Then I showed you were wrong, there, too, and now you're like, "another study which is contradicted by others!" to support your flimsy position.
You said, "quick google search" but you're summarily dismissing pretty much all relevant studies.
Fact is, Effective Coorporate Tax Rate in the US is nowhere near "absurdly low" relative to other Western Countries. You were full of shit. You were just buying into some anti-US or anti-Corporate bullshit. You've been caught saying some stupid shit.
From your own study, "... 21 percent effective rate based on actual taxes and taxable income..." as opposed to a specific cross section, which you're citing, " profitable Schedule M-3 filers actually paid U.S. federal income taxes amounting to 12.6 percent of the worldwide income that they reported in their financial statements (for those entities included in their tax returns).
I'll give you a hint: income is not how taxes are calculated.
I will summarize what happened:
1. You just tried to lie.
2. You do not understand what you're citing.
I don't think it is 1. I think you just don't know what you're talking about as I hinted at in my very first reply to you.
Yeah, seems like it. Based on your reply, it's your ego. You can't go, "Well, okay, yeah, I thought some stupid shit." You must have huge quads from all the backpeddling you're trying to do.
You mean you failed to read the thread, ignored where relevant data was posted, pretend to be correct, continued grandstanding, and had to dig deep after even your own sources proved you wrong. And then you showed you don't even understand the research you're posting about while trying to backepddle to be right. You can go back through my posts and see I already posted items from US Treasury: your precious "I win!" source.
You disputed the Tax Foundation and so did lazybones, but neither of you provided rebuttals as to why their data is wrong. Other economists have done so and the Tax Foundation responded:
If you'd look just a bit more instead of doing a quick google search, you'd see that the Tax Foundation is a large organization that has decades of research but you'd rather dismiss them because "your agenda", which you still have not revealed, is just simply built on a false reality.
If you read the thread instead of presenting two scoops of condescension, you'd perhaps realize your position is simply wrong. The effective coorporate tax rate is not "incredibly low" relative to the rest of the world. Just admit you said some stupid shit instead of embarrassing yourself this much.
lol at your, "but if you are so confident that your knowledge outstrips me on this subject"...
You couldn't come off as a bigger wanker if you tried.
Yes. Because at this point, it's such a profuse amount of backpeddling that it does appear to be a waste of time. He has still to reveal his actual agenda (which is probably, "We need to increase corporate taxes" or something).
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Feb 5th, 2018 07:24 PM
