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We need to raise taxes on big corporations to 91% again.
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You are currently reading a thread in /pol/ - Politically Incorrect

Thread replies: 192
Thread images: 56
We need to raise taxes on big corporations to 91% again.
>>
>>73850907
Say goodbye to your job... oh wait you don't have one. You are a useless welfare parasite and do not deserve to live.
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>>73850907
YOU IDIOT. THE RICH AND CORPORATIONS SHOULDN'T PAY ANY TAXES. LET THE LOWER AND MIDDLE CLASS PAY THE DAMN TAXES!

I'M A TRUMP VOTER BTW.
>>
>>73852898
>presidents have the power to control taxes
>>
>>73850907
...and none of the big corporations actually paid that thanks to all of the loopholes in our tax law, just like they don't now.
>>
No one actually paid those rates you shitbagging retard
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>>73850907
now come back and tell me what the capital gains tax was back then
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oh no, now you've got the Canadian started
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>>73850907
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>>73850907
But but dats gommunist
>>
taxing corporations is retarded

we should tax shareholders
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>>73853296
You've got your talking point programming all screwy. OP's picture is the top marginal tax rate, not the corporate tax rate. Get your shit together, right wing retard.
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>>73853539
Taxing corporations and shareholders is retarded. We shouldn't tax anyone worth over a million dollars. Why tax their success? Tax the poor for being poor. DUH!
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>>73853433
Don't even get me started.
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>>73853348
A lot higher than it is today, jerkoff.
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>>73850907
>be company
>provide lots of people jobs
>have to pay 91% of salary
>lay off a ton of workers
>company starts to crash
>pay what little workers you have less
>they leave too
>they complain about not enough welfare
>>
>Corporate taxes are raised to 91%
K, why should I start my business in the US, again?
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>>73850907

This thread has been paid for by your local synagogue. Raise taxes, lower taxes? We win either way!

Just as you don't talk about the real issues, we're good. Have fun, goyim!
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>>73853720
>>73853727
>being this retarded
>>
>>73853618
FYI it's not good trolling when you don't even try to string me along in a debate
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>>73853750
Who could it be?
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>>73850907
They literally did that to counter the massive shrinking of the US military and all the effort and capital that came with inflating it to such high levels during the war
Was kinda a neccecity
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>>73853814
We don't have enough monies!
>>
>another faggot who does nothing but shitpost all day every day
just what this board needed!
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>>73853720
Actually the majority of job growth comes from small and upstart businesses, while large corporations are responsible for reducing jobs.
>>
>>73853786
>not even addressing the argument
NOT AN ARGUMENT
>>
95 fucking Bucktooths come outta nowhere and say it's a corporate rate
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>>73853830

Oh, it could be anyone! And if it does turn out to be a (((certain group)))... that's just a coincidence!
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>>73853907
Because small businesses are for building skills to move up the job tree
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>>73853926
>not understanding the difference between the corporate tax rate and the top marginal income tax rate

The worst part about you right wing retards is that you think you know what you're talking about, but you don't have a fucking clue.
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>>73853682
so high in fact that it went back to 0
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>>73853942
/THREAD
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>>73853682
Dwight D. Eisenhower

Marginal Tax Rate on Regular Income over $400,000: 92% - 91%

Maximum Tax Rate on Long-Term Capital Gains: 25%

Marginal Tax Rate on Regular Income: over $372,950 - over 388,350: 35%

Maximum Tax Rate on Long-Term Capital Gains: 15%

The Bush tax cuts have remained through the Obama administration, with a 35 percent marginal income tax for the top income bracket and a 15 percent capital gains income tax. However, unless Congress acts by the end of this year, the 2001, 2003 and 2006 tax cuts will expire at the end of December 2012.

>a fucking leaf
>>
>>73852898

>claims a recession caused spike
>credit's obama for markets returning to "normal"

Neato gang.
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>>73854099
That didn't happen.
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>>73854123
*Barack Obama

Marginal Tax Rate on Regular Income: over $372,950 - over 388,350: 35%

Maximum Tax Rate on Long-Term Capital Gains: 15%

The Bush tax cuts have remained through the Obama administration, with a 35 percent marginal income tax for the top income bracket and a 15 percent capital gains income tax. However, unless Congress acts by the end of this year, the 2001, 2003 and 2006 tax cuts will expire at the end of December 2012.
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>>73850907
>>73853522

I'm sick and tired of this juvenile argument. In the 1950's the USA could get away with those tax rates because we ALONE were the only country manufacturing goods at a rate that allowed profitable exports because all the competitor countries capital and factories were bombed to shit during WWII.
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>>73852898
>I'M A TRUMP VOTER BTW
>Canada
???
>>
>>73850907
First bring back trade tariffs like he had in the 40;s. They'll just leave and import their products then small middle man suppliers will pay all of the tax.
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>>73852743
fpbp
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>>73852898
>>73853453
>>73853559
>>73853618
>>73853651
>>73853682
>>73853786
>>73853830
>>73853874
>>73854079
>>73854101
oh look, it's that paid shill again with the same picture and the same arguments he repeats every day in every threads
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>>73853907
you need large corporations to easily fund large operations though
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>>73854123
Yeah so they were higher back then. That's exactly what I said you fucking dumbass.

Do you have a hole in your brain?
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>>73850907
>Giving corporations and other wealth-generating businesses even more reason to fuck off to China or wherever
How about no

Taxing businesses as a whole is a fucking retarded idea. Fix capital gains and tax profiteering money-grabblers at the individual level if you actually want to fix the problem.
>>
>>73854139

I said they were higher back then. You show they're higher back then.

So wtf are you on about?

>>73854299
>>
>>73854299
>a lot higher
that's what you said actually, once the bush tax cuts fall through they'll be exactly where they were under Eisenhower
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>>73854299
life is not better after 8 years of Obama. You can show your little graph all you want but 40% of manufacturing jobs are gone since 2001
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>>73854274
I have thousands of pictures and graphs so yeah they're different ones in every thread you fucking leaf.
>>
>>73854299
see
>>73854191
>>
>>73850907
kill yourself
>>
>>73850907

>patriotism and nationalism are bad
>don't worry, companies will stay in the US because they like us

Thanks to globalism, companies and people are all too happy to leave if you do this shit. The global economy was a wee bit different in the 50s, bud.
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>>73854388
>ll you want but 40% of manufacturing jobs are gone since 2001

What is your fetish for manufacturing jobs?

I'd rather be a real estate agent making $100,000 a year than working in a factory for $12 per hour.

Jesus Christ.
>>
>>73854394
no, it's always the same shit, I've seen them all already
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>>73854368
You continue on with your retardation. The cap gains rate went back up years ago. You don't know shit do you.
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>>73854394
What happens to a person who believes slight differences in marginal tax rates changes everything. Almost every graph you have shown is just a picture of a recession followed by a recovery.
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>>73854508
But I get new ones all the time fuckwad.
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>>73853727
Where else you gonna go, Schlomo?
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>>73854498
They aren't sweatshops in the first world you fucking moron. They are the bedrock of middle class society.
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>>73854498

Good luck selling houses made entirely from Chinese material =)
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>>73853874
>Rich individuals and their families have as much as $32 trillion hidden
>Rich individuals
>individuals
You realize you totally just affirmed his argument?
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>>73854354

Let them fuck off to China for all I care. They already manufacture everything there anyways. The only reason they stay here in the first place it for the security and protection that is offered to the rich here in the United States. China? As soon as things go to shit, you'd better believe they will seize your company and assets to pad the fall for the Chinese government.
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>>73854538
they've only been lower than the Eisenhower rates since Bush which isn't a very long period of time in the big picture. In fact it was Ford and Nixon who raised it to almost 40%
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>>73854400
>>73854191

I'm mocking these Trumptards.
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>>73854575
same pictures, same arguments, same condescension, same flag
we know you by now, you had your own thread earlier
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>>73854654
Clearly it isn't working
You're coming across as a retarded paid shill
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>taxing income

how inefficient
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>>73854654
NAFTA AND TPP were done under a democratic administration. Fucking kill yourself you fucking leaf. If people like me ever get power we are going to nuke your country
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>>73854619
You can't be middle class if you're a:

engineer, architect, computer programmer, IT, banker, real estate agent, doctor, dentist, teacher, mortgage broker, insurance broker, truck driver, plumber, cop, actor, athlete?

All service jobs faggot.

You fell for the right wing retard MUH manufacturing meme.
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>>73854625
I'm not saying no manufacturing. I'm just saying right wing retards are morons for thinking all manufacturing jobs are good and all service jobs are bad.
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>>73854809
who knew obamas term consisted of 2 years.
>>
http://www.forbes.com/sites/timworstall/2015/11/16/bernie-sanders-and-the-horrors-of-eisenhowers-91-top-income-tax-rate/#2266a9042725

/thread
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>>73854654
>picture complains about factory jobs being shipped to china

>earlier post calls these jobs worthless>>73854498

nice doublethink shill
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>>73854707
Oh I never claimed not to be known. But your implication that's it's always the same pictures is a flat out lie.
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>>73854746
I have something for that.
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>>73854809
>engineer, architect, computer programmer, IT, banker, real estate agent, doctor, dentist, teacher, mortgage broker, insurance broker, truck driver, plumber, cop, actor, athlete?

You think there are enough of these jobs for 300 million people?

Again if I ever have the opportunity in my life to harm Canada I will do it happily.
>>
>>73854498
>Let's not create any real wealth, we'll just make funny-money by bartering whatever wealth we already have
>>
>>73854956
my implication is that your a paid shill who's only here to post propaganda
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>>73854757
12/17/1992: Pres. Bush Signs NAFTA
http://abcnews.go.com/Archives/video/dec-17-1992-pres-bush-signs-nafta-15205420

wew lad
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>>73854872
REAL OFFICIAL unemployment down to 5%. All time high job openings. 60% of new jobs paying over $25 per hour.

And you fucking losers still can't find jobs. All you do is bitch, bitch, bitch.
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>>73854985
What?
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>>73855058
The bill passed the Senate on November 20, 1993, 61-38. Senate supporters were 34 Republicans and 27 Democrats. Clinton signed it into law on December 8, 1993; the agreement went into effect on January 1, 1994. Clinton, while signing the NAFTA bill, stated that "NAFTA means jobs.
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>>73854941
Lol I didn't make that. Cross out factory and call it service job. That'll trigger you faggots.
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>>73855164
the service industry isn't being shipped to china shill
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>>73855021
Truth and facts are propaganda now?

Wew lad

Pic related is the autistic propaganda.
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>>73855126
>REAL OFFICIAL unemployment
>REAL
>OFFICIAL
kek
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>>73855128
Pardon me?
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>>73850907

ITT: people who are bad at math and understanding nuanced concepts

https://en.wikipedia.org/wiki/Laffer_curve
>>
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>>73855139
THANKS REPUBLICANS
>>
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>>73855236
Yeah it's going to India. Have you called your bank lately?
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>>73855292
?
>>
>>73850907
Its too late. Their too powerful
>>
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>>73855269
Oh you want the U4 that includes DISCOURAGED workers? Here you go. It's 5.3%

PROTIP:

The U3 unemployment rate has been the REAL OFFICIAL rate for decades but it became fake too when a scary black man brought it down to 5% and right wing retards went full autist.
>>
>>73855322
>Government revenue needs to be as high as the economy can possibly support
Oh what the everloving fuck
>>
>>73855239
no you're not

see >>73855436
this is pure propaganda
>>
>>73852743
???
>>
>>73855407
We established you're a fucking moron...Your welcome. This isn't democrat vs republican....Left vs. right this is globalist vs nation states
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>>73853720
>Be company in year 1
>post 1billion profit
>Be company in year 2
>post 700mill profit
>lay off a ton of workers
>pay what little workers you have less
>>
>>73852898
Holy fucking shit
Are you same Canadian faggot who doesn't know about economics and market corrections?
>>
>>73855519
>a scary black man brought it down to 5%
there is always a recovery after a crash, regardless of leadership, to correlate this to the president is called political propaganda
>>
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>>73855474
What was that?

https://www.youtube.com/watch?v=AT2fsv7xt4E

https://en.wikipedia.org/wiki/Southern_strategy

>inb4 southern strategy didn't exist because right wing mental retardation
>>
>>73855236
They are shipping mexicans and chinese people straight to the service jobs in your city.... right now
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>>73854654
>a gun

oh you poor ignorant fool!
>>
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>>73855650
The economy always crashes under Republicans and thrives under Democrats.

That's why you right wing retards vote Republican.

Pic related.

>inb4 HARPER DINDU NUFFIN
>>
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>>73855649
I know a 1st grader can identify the pattern on this chart.
>>
>>73855759
>The economy always crashes under Republicans and thrives under Democrats.

Why is this? Taxes?
>>
91% might not even be enough in 2016. I think we should tax the largest corporations at no less than 97%. It worked well when FDR did it.
>>
>>73855519
>it became fake too when a scary black man brought it down to 5% and right wing retards went full autist.
It was fake before then. Has nothing to do with Obama.
>>
>>73855866
Taxes are a big part of it, yes.
>>
>>73855759
Its almost like the economy is a lagging indicator, weird
>>
>>73853720
>be company
>provide no-one in the West with jobs
>employ chinks and poos overseas to manufacture everything
>loot the Western economy and store it all in hedge funds
>evade even minor taxes
>BOOHOO WE'RE WEALTH CREATORS WE DESERVE NOT TO HAVE TO PAY ANYTHING
>>
>>73855804
Yes globalism is fucking retarded and it never works. But globalist lite is not any better that full Friedman cuckolds
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>>73855982
So high taxes equals more jobs? How does this work? Genuinely curious.
>>
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>>73855804
>>
>>73855653
Sounds like you missed the part where LBJ was a Democrat.

Would he have gotten the support for his welfare programs without rhetoric like in >>73855474 ?

Read the quote and weep, shill.
>>
>>73855759
funny how the one province that has far outperformed the other ones in canada in the last 30 years was the most conservative one heh?
has it ever crossed your dimwitted mind that since the federal leader doesn't control the provinces/states that maybe he doesn't fully control the overall economic outcome of the entire country (which is made up of those provinces he doesn't control in case your dumb brain didn't get that)?

>see I can play your game too shill
>>
>>73855889
It isn't fake. You fuckers are just too stupid to understand BLS reports so you think my 80 year old grandma is unemployed.

You morons think anything you don't understand is fake, therefore pretty much everything to you is fake.
>>
>>73856012
He was in office for 10 years.
>>
>>73856079
In a nutshell, a high progressive tax rate discourages money-hoarding and instead encourages reinvestment of revenue into expanding business (which includes hiring more employees, who also make up the brunt of the economy's consumer base).
>>
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>>73856082
You know this is kindergarten level retardation right?

First of all I love how they use Bush "average" unemployment 14%. A totally made up number.

And then Obama unemployed somehow it's 23%.

Even though all the unemployment rates under Obama have fallen by half.

Right wing retardation is a serious fucking disease.
>>
>>73856355
How can your tax rates do shit to people who can take their money anywhere else on earth?????? None of the shit your talking about works in a global economy.
>>
>>73856421
Wow another graph of a recession and a recovery.
>>
>>73853720
Yeah. Let me know when those jobs are actually in the first world and I might care. I don't really have much sympathy for a company that has 99% of its employees in first world shitholes.
>>
>>73856100
I guess you missed the part where the Southern Strategy was Nixon, not LBJ.

Holy shit why are you motherfuckers so stupid?
>>
>>73856425
>>73856425
That wont happen once we close all the tax loopholes.
>>
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>>73856493
Not as stupid as a leaf who thinks hes at the right scope and not /pol/. This isn't a conservative board this is a nationalist board
>>
>>73856082
These are bullshit numbers. The unemployment rate isn't 23% right now.
>>
>>73856282
>funny how the one province that has far outperformed the other ones in canada in the last 30 years was the most conservative one heh?

Try again fool.
>>
>>73856493
I guess you missed the part where LBJ was around before Nixon, or the part where Democrats have been manipulating the Southern vote, black and white, since the 19th century using this rhetoric.

Nice try at childish insults I guess.
>>
>>73850907
No one came close to paying that rate, in fact our top rate is 1/3 or that rate now and yet we collect more percentage of GDP in taxes from top earners than we did in the Eisenhower era. Most people outright avoided paying any tax at all and the IRS was too small and uncaring to make a difference to that fact. The economic boom of the Eisenhower era was almost completely due to WWII ending and the US being one of the only industrial powers not effected by catastrophic bombings and who's population was more stable than say Germany's or Britain's.
>>
>>73856535
No you wont...... No never have you never will and our wealth will be gone before you ever get a socialist government.
>>
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>>73856472
Yeah Republicans crash the economy. Democrats fix it.

https://www.youtube.com/watch?v=QKv-dXHhtMs

Right wingers vote Republican because they want the economy to crash.
>>
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>>73856535
>closing tax loopholes will make more companies stay in the US
What?
>>
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>>73856637
Yeah and you've been duped by a pretend nationalist.

Trump's Mar-a-Lago hires hundreds of foreign workers
http://money.cnn.com/2016/03/18/news/economy/trump-maralago/index.html
>>
>>73856746
Durr..Changing the tax rat 5% saved America...Thanks obama
>>
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>>73856655
Right wing retards will believe anything as long as it fits their narrative and is in picture form.
>>
I hate Canadians
>>
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>>73856887
It's almost like revenues matter.
>>
>>73856535
they will shut down the american branches. there is nothing that can be done in that scenario

republicans admitted that repatriating money made by international divisions cant happen without other nations agreeing to it and they all would end up either double taxing the companies or not taxing them for operating in their countries

its not your money because they didnt sell goods in your country is how every other nation sees it.

thanks to tpp and ttip you dont even get to apply international shipping tax to their goods
>>
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>>73850907
kek

http://www.cbo.gov/sites/default/files/cbofiles/attachments/44604-AverageTaxRates.pdf
>>
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>>73856823
You're a fucking faggot. We will have our tariffs we will have our immigration numbers halted. When jobs come back and wage's rise....We are coming for you and all your kike friends
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>>73856425
There are loopholes and havens, but greedy fucks really do have to give up a lot to squirrel away their wealth in them. And the assumption of a "global economy" is absurd. Unless you somehow establish global jurisdiction to prevent the very same problems as you're pointing out, some protectionism will still be necessary.
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>>73857061
Trump will flip flop on everything.
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>>73856805
That's why you tax individuals instead of businesses. Taxing businesses is fucking retarded.
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>>73857126
And you will flip and flop and scream when your lungs burst while we burn you at the stake
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>>73856657
>implying alberta hasn't outperformed the other provinces
I don't have to try again
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>>73850907

I'll bet you $100 that Bernie genuinely does think the top earners during the Eisenhower era paid 91% (i.e. he isn't just saying this to please his fans, he actually genuinely believes this) and if you asked him what a marginal tax rate was he'd fumble

How can a Jew be so ignorant of finance
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>>73857006
They wont shut down American branches just because we close tax loopholes. That would be stupid. They'd lose money then.
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>>73857227
Kek

How will you find me Burgerbro?
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>>73857126
fuck off about America you worthless leaf

enjoy your shitty country, and don't come knocking when America is made great again
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>>73853907
Your sources on this are what exactly?
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>>73857233
They did, and they paid 94% under FDR.
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>>73857228
Last 30 years? Are you forgetting the entire 80s when their unemployment rate was sky high.

Alberta did well under the Chretien/Martin Liberals.

Harper fucked them over by flooding them with TFWs
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>>73857121
You can't stop it. Countries like Ireland have lowered their corporate tax rate to 15% to steal our companies. We have 300 million people we are forced to divide tax revenue between Ireland has 4 million. They could lower their corporate tax rate to 5% and get the same tax revenue per capita as us. They'll move to Ireland live in a 99% white country have their products made in China and ship them to America. The only place you can intercept the money is at the border with a tariff
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>>73857370
Protip: America is great now.

Only right wing retards who hate their country don't think so.
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>>73850907
You don't need to increase taxes or cut taxes, America needs to fucking enforce tax laws.

Same can be said with immigration policies.
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>>73857365
DNA test kike
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>>73857398
>>73857398
http://www.forbes.com/sites/stevedenning/2014/10/29/the-surprising-truth-about-where-new-jobs-come-from/#258e82247d99

http://www.kauffman.org/what-we-do/resources/entrepreneurship-policy-digest/the-importance-of-young-firms-for-economic-growth

http://www.competeprosper.ca/uploads/ICAP_WP15_Final.pdf
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>>73857617
Logic checks out.

How fast does your scooter go?
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>>73857598
Great .....Then Individuals will leave to Countries like Ireland have lowered their personal tax rate to 15% to steal our rich. We have 300 million people we are forced to divide tax revenue between Ireland has 4 million. They could lower their individual tax rate to 5% and get the same tax revenue per capita as us. They'll move to Ireland live in a 99% white country have their products made in China and ship them to America. The only place you can intercept the money is at the border with a tariff
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>>73857474
>Countries like Ireland have lowered their corporate tax rate to 15% to steal our companies.
Doing away with corporate taxes entirely and levying taxes at the individual level would overcome this issue.
>The only place you can intercept the money is at the border with a tariff
Yeah, and?
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>>73853874
This is a result of high tax. How is this not evident?

Raising taxes raises the incentive to evade.
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>>73857762
>Then Individuals will leave to Countries like Ireland have lowered their personal tax rate to 15% to steal our rich.
Yeah... except that doesn't actually happen.
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>>73857457
>Are you forgetting the entire 80s when their unemployment rate was sky high.
they still outperformed the other provinces overall throughout their conservative years

>but that one fact
really? that's all you got?

>Harper fucked them over by flooding them with TFWs
no, the 2008 crash in the US fucked them over, like it fucked everybody else over. When the demand from the country that buys roughly 70-75% of our export goes down, we lose jobs, regardless of leadership. (TFWs don't help but it's not the main factor)
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>>73853874

lets tax them more! that will bring that money back
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>>73857789
Tax evasion is a crime
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>>73857845
It doesn't happen right now because they can have a proxy individual known as a corporation live in Ireland. If you force them to leave they will leave. If you force them to pay at the borders it wont matter.
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>>73857789
>High tax
>Domestic top-bracket income taxes are a fraction of what they were half a century ago
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>>73857878
Keep sucking that globalist cock Trumptard.
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>>73857876
>they still outperformed the other provinces overall throughout their conservative years

For the last 30 years? Got a source on that?
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>>73857900
yeah man and water is wet.
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>>73857878
They won't hide money in different countries anymore if we pass a law making it a crime to do so.
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>>73857976
>If you force them to leave they will leave. If you force them to pay at the borders it wont matter.
Sounds to me like we have a solution, then.
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>>73858101
They won't hide it anymore when you threaten them to the point where they leave the country to be with their money.
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>>73852743
you assume he has no job on what basis you demagog cretin ?
now go and put those fingers in a blender you wont need them anymore
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Where the fuck does the believe that big corporations are in any way benevolent entities even come from? Is everyone here legitimately retarded?
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>>73858405
Then they wont be allowed to do business in the United States.
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>>73852898
>let's make it easier for people without resources to reproduce so their successful offspring can propagate more unplanned children
>surely this is a wise expenditure of our resources
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>>73858048
The guy who wants Trade tariffs and boarders is a globalist. Good luck convincing Ohio, PA, and Michigan that.
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>>73858185
Yeah... Trump, trade tariffs, and gas chambers.
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>>73858546
Sounds like the easiest and quickest way to discourage foreign investment in and new startups within the US...
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>>73855526

I am merely making the point that incredibly high tax rates are economic suicide. You want to be below the maximum government revenue so that private investors can keep their money and reinvest it. If we did not allow this to happen, you could never go to a multi-million dollar movie theater, hundred-million dollar sports arena, etc.

essentially we need to let rich people build wealth so that they can rent out based shit to us plebs
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>>73858584
You realize all that is going to be just suggestions.
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>>73858695
Then we pass a law preventing them from leaving the country.
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>>73858840
How will this prevent the discouragement of foreign investment?
How will this prevent the discouragement of new business?
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>>73858811
You realize I have seen an election before and I have seen a candidate pivot to the middle. Trade tariffs will be the center of his campaign they have been since Ohio, the wall will stay but he will add the High speed train to his talking point make it more appealing to the middle.


Hillary is fucked
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>>73858090
here's a comparison between ontario and alberta for a start, I'll try to find the other provinces just for you shill
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Who gives a fuck about the percent businesses are supposed to pay?

Just close the monetary loopholes and kill the shitty free trade agreements.
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>>73858811
>>73858992
Hillary is fucked and you're gonna burn.
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>>73859225
It won't be Trump that does the burning, he's not actually like us he is going to do the common sense things that prove our thesis.

Maybe not the next guy maybe not for a decade... but the globalist kikes will start pushing for free trade and globalism again.
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>>73855649
>implying economic theory is a science and not a fancy psychology degree with some math.
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>>73850907
Ever heard of capital flight?
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>>73858431
>t. Third worlder
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