Comments by "L.W. Paradis" (@l.w.paradis2108) on "REVEALED: Billionaires Pay No Taxes!" video.

  1.  @andrewwells6323  "As a group, these companies enjoyed $79 billion of U.S. income and collectively enjoyed a federal income tax rebate of $4.3 billion. That’s an average income tax rate of negative 5.5 percent." (Did you fail to click, to read it all?)
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  2. We know they try hard not to . . .
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  3.  @andrewwells6323  Yes they do. Look it up.
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  4.  @andrewwells6323  Just one source:  "a new ITEP report assessing the taxpaying behavior of America’s most profitable corporations, . . . Corporate Tax Avoidance Remains Rampant Under New Law, released earlier this week, finds that 60 Fortune 500 corporations disclose paying zero in federal income taxes in 2018 despite enjoying large profits. As a group, these companies enjoyed $79 billion of U.S. income and collectively enjoyed a federal income tax rebate of $4.3 billion. That’s an average income tax rate of negative 5.5 percent."
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  5.  @andrewwells6323  Ha, ha. You can take any phrase from my post and use it as a search term. This doesn't even address local tax incentives to locate a business in a particular state, or touch on the ways they spread their real costs of doing business to the rest of us. If they had the pricing power to pass those costs to the consumer, they wouldn't be so quick to enter into arcane schemes, spend more in lobbying than they pay in taxes, etc. They already push pricing as high as it can go in light of demand.
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  6.  @andrewwells6323  First of all, I said federal tax REBATES. "Incentive" is a euphemism designed to whitewash the matter. First you say it doesn't happen at all, then you say it's good for us. (Why am I reminded of Fauci refusing to address "gain-of-function" research forthrightly?)
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  7.  @andrewwells6323  Tax rebates for major corporations? Oh, you mean this is segregated from the rest of the federal budget, and Special Money is printed just to pay those rebates? Or, the government sells T bonds, and our taxes never, ever go toward paying the interest on those T bonds? Or . . . ?? /s
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  8.  @andrewwells6323  Oooh!! Suddenly it's the PANDEMIC! Of course! Never mind that this has been going on for at least the entire century so far! Good lord. It's all right. You've gotten me to give up.
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  9.  @livinglife1089  And look at all the infrastructure he rebuilt!! /s
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  10.  @caboose3903  Also, you are not a limited liability entity. You also don't pay lobbyists to pass laws to favor you. You also don't create massive amounts of toxins for the water, the soil, or the air. You don't require our armed forces to protect shipping lanes, air traffic lanes, or to ensure our unfettered access to foreign markets, prop up the dollar, and so forth. You really don't cost us all that much. I assume we haven't subsidized your private jet, or even a pink Cadillac, used.
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  11.  @GTL5427  That was blocked, finally. Too much buzz around it.
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  12.  @andrewwells6323  Are you in the UK? Are you sure you understand American tax schemes?
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  13.  @andrewwells6323  Wow, you start spewing hate real fast. What's up with that?
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  14.  @caboose3903  You are human beings who need it. And if you suggest you bear some responsibility, your children certainly do not. People create jobs for other people by buying what others have on offer, whether those be goods or services.
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  15. @Lady Kuntsparian The trickle down is pee.
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  16. Money is not a rigid yardstick. Or, to put it another way, in America, people who are among the 1% wealthiest on Earth, cannot afford an apartment in most cities and towns, and cannot afford decent health care or public university. So America isn't the land of opportunity after all, eh?
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  17.  @Lawliet734  You're right.
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  18. Wow. The only one who paid anything is the one whose business makes something. Not defending any of them, just marveling at the irony.
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  19. You sound mathematically illiterate. A "mere" $10 million per year, a common bonus, is over $1140 per hour, for every hour of every day, 365 days a year. Is anyone's time worth ten times that? Does anyone have an IQ of 500? Is anyone's day worth 300 or 400 times anyone else's? Did the taxes of the Eisenhower years prevent us from having a growing economy? Did a minimum wage that allowed two people to find an apartment anywhere in the country, or college students to earn their in-state tuition with a summer job, cut anyone's opportunities? We had that through the 1970s. Well, it did make trillionaires impossible.
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  20.  @peytonlucy5947  Is it or is it not the case that the people mentioned use arcane tax shelters to pay no income tax? Understand that however they diversify their financial assets, and that whenever their portfolios are traded, they will generate huge current income. (E.g., 1% of one billion is ten million) I don't know what your point is. Do you imagine they don't have enormous income-generating investments, even in the case of those whose primary purpose is not to generate income? Even Apple has a 2/3 of a percent yield.
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  21.  @peytonlucy5947  Give me a specific reference. I looked at ProPublica. I know that an increase in portfolio value is not taxable without a triggering event. When we are talking about multi-billionaires, all of them have tens of millions in taxable income. One tenth of one percent of a hundred billion is a hundred million.
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  22.  @peytonlucy5947  You haven't addressed any facts. You've just insulted people or said they were wrong without saying how.
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  23.  I only use this account when I get put in time out  Well that was illuminating.
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  24.  @caboose3903  If you don't know how much harm individual billionaires have been doing to the rest of us, you must be singularly oblivious.
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  25. No. They want more.
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  26.  @lucasottens8506  LOL thank you
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  27.  @geoxeph  The wars and the bailouts are for them. The bills are for us.
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  28.  @Baron_Blue_Max  Oh. You again. Pretending to miss the point.
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  29. 10:00 and 10:34 Will it take the revelation of a dozen Jeffrey Epsteins to change mentalities?
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  30. Believing this lie and refusing to file income taxes has rendered elderly people homeless more than once. Nice work, Bub.
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  31.  @paulburger8036  No. As a staff attorney for the court, assigned to assist them, I've seen this tragedy unfold over and over, often due in part to senility.
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  32.  @paulburger8036  Nope, saved people from this fate. And did. You think people want 80-year-old homeless in the rural Great Plains or something? If some vultures could profit, sure, they would push for it, but that's not possible.
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  33. False. Their passive income based on their accumulated wealth is already astronomical. See what ONE billion dollars in 10-year Treasuries yields, never mind in equities. How do you not know? Seriously? How?
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  34.  @Baron_Blue_Max  THIS was my point. At a minimum, they must have enormous income on that wealth base. If it were all in savings accounts, it would be huge, given their principal.
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  35.  @Baron_Blue_Max  This was obscure?? Again, how? Truly at a loss now.
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  36.  @Baron_Blue_Max  Now I get it. A fortiori arguments are beyond you.
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  37.  @p0tatobiden250  OMG, you got that screen name already. That is much funnier than the joke, I have to say.
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  38. @Lady Kuntsparian Oops.
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  39. @Lady Kuntsparian Missed the subtle point of the screen name. Yeesh.
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