'Occupy' types

[NC_Skins]

Originally Posted by Lotus

You say we should close corporate loop holes. Then you propose new ones.

I say close corporate tax loopholes, period.

I would say they were incentives to improving the quality of lives with their employees.

Overall, I do think most of the corporate loopholes need to be closed. Some of this shit is ridiculous.

[mlmpetert]

Originally Posted by NC_Skins

1) Close any and all corporate tax hole loops.

By making a flat corporate tax?

2) Give tax breaks to companies that create jobs and maintain them.

i think this is already being done and is one of the reasons many of the 280 big companies in the artical Chico posted pay little taxes

3) Impose huge tax penalties for any American Corp with jobs overseas, who's products are shipped to the US. (make it high enough to where it's less costly to have the plant here)

So my Air Force 1s are going to go up in price from 100 to 500 and my Motorola Droid is gonna be like 2k (1k w/ 2 year contract), but i guess i can still buy a Nokia for like 50 bucks. Or perhaps every company that manufactors something will just move overseas....

4) Give tax breaks to companies for providing health care benefits.

In addition to the write off they receive?

5) Give tax breaks to companies that reinvest money back into the company. (employee raises(not CEO), additions/buildings added, research and development)

Already done, much like how healthcare costs reduce profits

I'll come up with more later when I can research what the numbers are across the world.

How about just a low flat tax on corporate profits that makes America, from a tax standpoint, the most competitive in the world? It doesnt matter if youre GE or a S Corp like Firstdown, everyeone pays a extremly low flat % on profits. Would you be cool with that?

[Lotus]

Occupy the Redskins backfield! Who's with me?

Oh, wait, the Bills did that 10 times. Nevermind.

[Slingin Sammy 33]

Originally Posted by Lotus

Occupy the Redskins backfield! Who's with me?

Oh, wait, the Bills did that 10 times. Nevermind.

With the way our OL played on Sunday, you and I probably could.

[NC_Skins]

Originally Posted by mlmpetert

How about just a low flat tax on corporate profits that makes America, from a tax standpoint, the most competitive in the world? It doesnt matter if youre GE or a S Corp like Firstdown, everyeone pays a extremly low flat % on profits. Would you be cool with that?

Seems legit. Not sure if these people wouldn't still in turn ship jobs overseas. Something HAS to be done in regards to these corporations shipping US jobs overseas.


Your example of your Nike Air Forces becoming $500. Well, realistically people would stop buying them and move to another product. The loss of revenue would make the corp either go bankrupt or decide to move their factories back to the US.

I wasn't really familiar with how Corps were evading taxes, but it does seem many get tax breaks from many of the things I've listed.

Break-Free Corporate Tax Code Misses Republican Rate Goal - Businessweek


We've been lowering taxes for Corporations and rich people since the Regan era and it's done nothing. What would lowering corporate taxes do now?


Good info here on 10 big corporate tax breaks:

10 Big Corporate Tax Breaks, and Who Benefits

[Slingin Sammy 33]

Originally Posted by JoeRedskin

Any volunteers to draft a revised corporate tax code for us? Anyone? Anyone? How about a committee of SS33, Lotus and NC_Skins? Get back to us with your result by next Friday please.

Here's my input, before the deadline thank you, U.S. Corporations should not pay federal taxes. I'm a FairTax person.

Unless Cain is elected POTUS, I don't see FairTax being implemented, so a lowered corporate rate (revenue neutral) with no loopholes at all would be my preference.

3. Executive pay: Somehow this needs to be addressed. The fact that, for many corporations, executive compensation is divorced from the success or failure of a company (i.e. the "Moral Hazard" mlpertert referenced earlier in the thread - I think it was mlpertert). Not sure, this is a tricky one for a lot of reasons. I suggest a working group of Smootsmack, Chico, saden1 and mlpertert analyze the problems and come up with possible proposals and come back to the group with a working solution by next Friday.

I'll weigh in here if you don't mind. The Federal gov't has no right to dictate wages or compensation a corporation pays its employees. I support, if it's not already there, that publicly held companies be required to publish the compensation of its board and also key executives that make over a certain dollar amount (not sure what that amount should be). Let the public decide if it wishes to continue to subsidize high executive/board compensation by either continuing or not continuing to buy that company's product/stock.

Firstdown, your job is just to keep bitching about the vagrants and hippies in Zuccotti Park.

I wanna help bitch about hippies and late teen/twenty something blockheads too!!!!!! (I've got an 18yr old, I need to vent)

[Chico23231]

"Firstdown, your job is just to keep bitching about the vagrants and hippies in Zuccotti Park."

LOL, well we need FD also to keep the rape stats associated with the movement. Thats been my favorite part of this thread, rape stats.

[mlmpetert]

Allright guys im in. Ive secured the van:

[firstdown]

Originally Posted by mlmpetert

Allright guys im in. Ive secured the van:

That van is crying to have a little weed smoke in it.

[firstdown]

�Cheech & Chong】Up in Smoke (part #02) -...

[NC_Skins]

[Chico23231]

Originally Posted by firstdown

That van is crying to have a little weed smoke in it.

a little?

[mlmpetert]

Originally Posted by Chico23231

"Firstdown, your job is just to keep bitching about the vagrants and hippies in Zuccotti Park."

LOL, well we need FD also to keep the rape stats associated with the movement. Thats been my favorite part of this thread, rape stats.

Im the one that has been keeping up with rape stats!!!! I guess i can put my spreadsheet on the cloud so someone else can keep it updated while im out planting freedom seeds across America in the Liberty Van with SS, Chico and Saden1.

Also it looks like FD has joined the movement:

[NC_Skins]

Study: Many Fortune 500 cos. paid $0 taxes - CBS News

(CBS News)

Advocates for reducing U.S. corporate tax rates argue that lower corporate rates charged in other countries impede American competitiveness. Yet a new study finds that many of the nation's top companies are already paying less in U.S. taxes on their pretax profits than they do overseas.

In a study comprising more than half of the Fortune 500 list of the largest U.S. corporations, a quarter of those examined paid little or nothing in federal income taxes during the 2008-2010 period, despite registering profits in all three years.

Of those 280 companies, 78 corporations had at least one year during which their U.S. federal tax was zero or less, and many had more than one year paying no tax, despite recording profits; many of these companies also received tax rebates. In 2009 alone, 49 companies earned combined profits of $78.6 billion, yet paid no taxes - and collected tax rebates totaling $10.8 billion.

Smoke and mirrors. It would be interesting to find out what those companies campaign contributions were to our politicians.

[CRedskinsRule]

How about we give MNC's 2 senate seats, and include them in the census with x number of Congressmen. Then, we say they can only spend campaign funds on those two senate seats and the elections for their congressmen. They could become the 51st state, CorporateAmerica, we could add DC statehood as well, just so the flag stays balanced. Also, they all have to register, so that in time of war they can be drafted.