General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
whyamimrpink78
Secular Talk
comments
Comments by "whyamimrpink78" (@whyamimrpink78) on "Double The Number Of Corporations Paying 0 In Taxes Under Trump" video.
How is this welfare?
2
Blame your local government on that one.
2
@Raizhen010 , why should corporation pay taxes? They are not people.
2
True. Also, Kyle, as usual, is being deceptive with his numbers. He talked about how corporate taxes made up 33% of our tax revenue but now makes up 9%. It isn't so much that corporations are paying less but more of that payroll taxes, because of the creation of Medicare and Medicaid, have gone up. Yes, corporate tax revenue, in terms of percent GDP, was higher in the 50s compared to now, but it was 4 to 5 percent then compared to around 2 percent now https://www.taxpolicycenter.org/statistics/source-revenue-share-gdp
2
@pan-shot4900 , Kyle does not discuss the positives because he is a radical. Radicals only present one side of the story and ignore the other side. Kyle has said many times there are no arguments against programs like Medicare for All and raising the min. wage when there clearly are. This is why we have a president like Trump. It is because the political left is so extreme that they ridicule their opponent as opposed to having an intelligent discussion. Compare Bill Clinton here https://www.youtube.com/watch?v=vy542UgSelQ&t=18s To Bernie Sanders here (fast forward to the 35:32 mark) https://www.youtube.com/watch?v=Bapp45Vx0UE Noticed how Clinton understood how a business operates, the challenges they face and was willing to discuss things with Cain? And how Sanders had no desire to understand that business owner's position? That is the problem with "progressives" today.
2
@robertjenkins6132 , that money is important. That "millionth" dollar can be used for charities, or investment, etc.
1
Explain to my why corporations should be paying federal taxes to begin with?
1
@misanthropickat6167 , there is a desire to have taxes.
1
@Raizhen010 , the percentage of corporate taxes have dropped because other forms of taxes have increased such as the payroll tax, capital gains tax and excise tax (fun fact, you can pay for all federal roads off of the excise tax alone). It isn't that corporate taxes are lower but instead other forms of taxes were created.
1
@Raizhen010 , the payroll tax was expanded because of the creation of Medicare and Medicaid. That expansion led to payroll taxes making up more of our tax revenue thus shrinking the percentage of what corporate taxes accounted for. You have to really think about the "facts" that Kyle gives and break them down.
1
@Raizhen010 https://www.taxpolicycenter.org/statistics/source-revenue-share-gdp In terms of percent of GDP corporate taxes were higher in the 50s, that is true, at around 5% of GDP, but they are now around 2% of GDP. I don't consider that to be a large cut.
1
@Raizhen010 , and one can argue that is not a cut at all as the economy grew leading to more GDP.
1
@Raizhen010 , I love how you bring up KS but ignore states like TX and WA with tax friendly environments for business. Or NJ with high taxes and are a mess. You have talking points bud.
1
@Raizhen010 , also, KS was around average economically.
1
@Raizhen010 , KS was average financially. Plus, you point to one state while I mentioned others. There seem to be more to it. Again, WA has low taxes on the rich and business and they are doing well. TX ranks low in education due to their large immigration population from Hispanic nations. Same in why CA is last in literacy rates.
1
@Raizhen010 , CA has high taxes across the board. But there is a lot more to the issue than just taxes.
1
@wfyfwfyf , ok, so if I don't use an interstate should I not pay for that interstate? Is that what you are saying?
1
@wfyfwfyf , 70% of fire fighters are volunteer. 75% of roads are funded locally and the roads from the nearest fire station to my place are local roads, not federal.
1
So cap success?
1
One can easily argue that the federal corporate tax rate should be zero. I really don't have a problem with this.
1
Considering the age of Millennials that is not surprising.
1
@Raizhen010 , most of that infrastructure is locally ran and funded so I understand local and state corporate taxes. But federal ones should not exist. The only federal tax that should exists are 1. A tax on the states based on population like we had pre 1913 or 2. A federal flat income tax with a consumption tax. None of those taxes can be corrupted and none favors anyone. The internet is what it is because of the private sector. Most R&D is done privately as well. To me corporations are not people. How do I take an extreme position? My position is moderate. If you want corporations to be taxed than talk to your local government. I want a federal tax code that is inline with the development of this nation.
1
@Raizhen010 , the federal highway system can be paid for with federal income taxes as, overall, spending on transportation is low to begin with. The internet is the way it is because of the private sector. Define "fair". Corporations are not people. If you are going to tax a corporation, which is a business, than you have to tax all businesses. The best system that will not be corrupted is a federal flat income tax on individuals and a consumption tax. I have an NIH grant. I know how little the NIH actually produces. The research done through government grants like that are vague and most don't lead anywhere. Research in the private sector is what produces the new drugs. They take the research that ends up being important out of academics and puts it in the market. Also, again, those programs are be funded by individual income taxes. No corporate taxes needed.
1
@Raizhen010 , I never said the NIH was useless. How is a flat tax regressive? You have this idea that rich people can "afford" higher taxes. That is not true. Their financial situation is different. They could have kids, could run a charity, or a business, etc. And what massive income inequality do we have? I don't see it. Just because you feel someone makes too much money does not mean you are entitled to it. The internet exists because of the private sector. 47% of the population do not pay federal taxes. Should they be banned from federal programs as well?
1
They typically do, or in R&D.
1
@mradaChris , R&D is paid for by the private sector. What is funded by the government is not much in terms of productivity.
1
@mradaChris I work in R&D as well.
1
@vikrantpulipati1451 , Clinton was not a centrist.
1
Bernie is the easiest candidate Trump could face.
1
@user-qs2nr3ee6l , if you close loopholes for the rich you also have to close the loopholes for the middle and lower class. That means teachers don't get a discount if they buy supplies and students don't get a discount for buying text books. Problem is that far leftists don't want to do that.
1