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WillFranklin

Republicans Shifted Tax Burden From Corporations To Individuals And Are Paying The Price Fiscally And Electorally

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Republicans have been hurt badly by their Trump Tax Scam, and health care plans, and rightfully so. 

 

The Trump Tax Scam shifted the tax burden from corporations to individuals in a major way. And with corporate tax revenues lagging sharply, middle class individuals will have to make up the difference if Republicans stay in charge.

 

Individuals vote. Corporations give big money. Republicans went for the big money. Now it is time for the individuals to vote again.

 

And I say people have already noticed. They continue to see examples like May, 2019, revenue numbers, where our individual tax revenue is trying hard to make up the enormous gap left by badly deflated corporate tax revenue. The same was true for all of 2018. (Yes I am using your point against you @Chuck!)

 

And many also rightfully feel that the majority of what was left of the monetary benefits of the tax cuts that did not go to corporations only went to the wealthiest individuals.

 

Republicans say it did not hurt them, but I say it did in 2018, along with health care.

 

Republicans only talk about Rasmussen polls. Here's why.

 

Look at what Rasmussen said on the eve of the 2018 Congressional Elections. Yet Democrats gained around 40 seats in the House, and gained seats in both of the swing state Senate Elections that year, only losing Senate seats in deep red states.

 

https://www.realclearpolitics.com/epolls/other/2018_generic_congressional_vote-6185.html

 

Polling Data

Poll Date Sample
Democrats (D)
Republicans (R)
Spread
Final Results -- -- 53.3 44.9 Democrats +8.4
RCP Average 10/13 - 11/3 -- 49.7 42.4 Democrats +7.3
NBC/WSJ 11/1 - 11/3 774 LV 50 43 Democrats +7
CNN 11/1 - 11/3 1151 LV 55 42 Democrats +13
ABC/WP 10/29 - 11/1 737 LV 52 44 Democrats +8
Rasmussen 10/28 - 11/1 2500 LV 45 46 Republicans +1
IBD/TIPP 10/25 - 11/3 798 LV 50 41 Democrats +9
Economist 10/28 - 10/30 1296 RV 47 42 Democrats +5
NPR/PBS/Marist 10/28 - 10/29 509 LV 52 43 Democrats +9
Harris 10/26 - 10/28 1835 RV 47 38 Democrats +9
Reuters 10/24 - 10/30 1383 LV 49 42 Democrats +7
USA Today 10/18 - 10/22 1000 LV 51 43 Democrats +8
FOX News 10/13 - 10/16 841 LV 49 42 Democrats +7

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 It wasn’t my point dumbass, it was simply facts. 

Here’s another one, corporations don’t pay taxes, they collect them

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7 minutes ago, Chuck! said:

 It wasn’t my point dumbass, it was simply facts. 

Here’s another one, corporations don’t pay taxes, they collect them

Google lies?

 

The new law affects companies in 2019, when they will be reporting on 2018 income. There will be lower tax rates for C corporations, and the corporate tax rate will fall from 35% to 21% in a flat-tax system

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23 minutes ago, peter45 said:

Google lies?

 

The new law affects companies in 2019, when they will be reporting on 2018 income. There will be lower tax rates for C corporations, and the corporate tax rate will fall from 35% to 21% in a flat-tax system

 

It's the same show with Chuck!, he lies then runs away.

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You lying piece of crap. What are you accusing me of now?

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1 minute ago, Chuck! said:

You lying piece of crap. What are you accusing me of now?

 

Why don't you just explain how all corporations don't pay taxes?

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Will n Benson = gay lovers

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1 minute ago, benson13 said:

Great Post Mr Franklin!

 

I think things are moving the Democrats' way now.

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Yes....but you'll ALWAYS have the redneck Morons

 

"Stupid White Men"

 

 

aba9c7daf0c1e560f361185a194cbeff--photo-editor-online--election.jpg

 

a48647b154b66182bc40b95be13778ed--common-sense.jpg

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The room retard and his childish memes. 

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Corporate income taxes make up about 9 percent of federal revenue

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Big businesses paying even less than expected under GOP tax law

Total corporate taxes are at the lowest levels seen in more than 50 years.

 

The U.S. Treasury saw a 31 percent drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall, down by almost 9 percent or $11 billion.

 

Though business profits remain healthy and the economy is strong, total corporate taxes are at the lowest levels seen in more than 50 years.

 

At the same time, overall taxes paid by individuals under the new tax law are up so far this year by 3 percent, thanks to higher wages and salaries, according to the Congressional Budget Office. Last year tax payments by individuals went up 4 percent.

 

The drop comes even as some Republicans, such as Treasury Secretary Steven Mnuchin, have claimed, dubiously, that the law will pay for itself.

 

 

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7 hours ago, WillFranklin said:

Republicans have been hurt badly by their Trump Tax Scam, and health care plans, and rightfully so. 

 

The Trump Tax Scam shifted the tax burden from corporations to individuals in a major way. And with corporate tax revenues lagging sharply, middle class individuals will have to make up the difference if Republicans stay in charge.

 

Individuals vote. Corporations give big money. Republicans went for the big money. Now it is time for the individuals to vote again.

 

And I say people have already noticed. They continue to see examples like May, 2019, revenue numbers, where our individual tax revenue is trying hard to make up the enormous gap left by badly deflated corporate tax revenue. The same was true for all of 2018. (Yes I am using your point against you @Chuck!)

 

And many also rightfully feel that the majority of what was left of the monetary benefits of the tax cuts that did not go to corporations only went to the wealthiest individuals.

 

Republicans say it did not hurt them, but I say it did in 2018, along with health care.

 

Republicans only talk about Rasmussen polls. Here's why.

 

Look at what Rasmussen said on the eve of the 2018 Congressional Elections. Yet Democrats gained around 40 seats in the House, and gained seats in both of the swing state Senate Elections that year, only losing Senate seats in deep red states.

 

https://www.realclearpolitics.com/epolls/other/2018_generic_congressional_vote-6185.html

 

Polling Data

Poll Date Sample
Democrats (D)
Republicans (R)
Spread
Final Results -- -- 53.3 44.9 Democrats +8.4
RCP Average 10/13 - 11/3 -- 49.7 42.4 Democrats +7.3
NBC/WSJ 11/1 - 11/3 774 LV 50 43 Democrats +7
CNN 11/1 - 11/3 1151 LV 55 42 Democrats +13
ABC/WP 10/29 - 11/1 737 LV 52 44 Democrats +8
Rasmussen 10/28 - 11/1 2500 LV 45 46 Republicans +1
IBD/TIPP 10/25 - 11/3 798 LV 50 41 Democrats +9
Economist 10/28 - 10/30 1296 RV 47 42 Democrats +5
NPR/PBS/Marist 10/28 - 10/29 509 LV 52 43 Democrats +9
Harris 10/26 - 10/28 1835 RV 47 38 Democrats +9
Reuters 10/24 - 10/30 1383 LV 49 42 Democrats +7
USA Today 10/18 - 10/22 1000 LV 51 43 Democrats +8
FOX News 10/13 - 10/16 841 LV 49 42 Democrats +7

😂Corporate revenue for the federal government is roughly 6%......The MAJORITY of federal income aside from payroll taxes is and ALWAYS has been paid by the top 1%.

 

Now, more than ever......

 

You're an uneducated, indoctrinated, talking point parroting, worthless welfare sucking tool. 

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1 minute ago, DeepBreath said:

😂Corporate revenue for the federal government is roughly 6%......The MAJORITY of federal income aside from payroll taxes is and ALWAYS has been paid by the top 1%.

 

Now, more than ever......

 

You're an uneducated, indoctrinated, talking point parroting, worthless welfare sucking tool. 

 

Corporations are not paying their fair share and I see you just laid that out.

 

AND we will make the wealthy pay more.

 

It makes you FURIOUS!

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In April 2018, less than four months after the cuts were signed into law, the nonpartisan CBO predicted corporate receipts would drop that year to $243 billion, which would have been an 18 percent decline from 2017. But payments ended up coming in at $205 billion, a nearly one-third decline from the previous year.

 

Then, in January, CBO projected receipts would bounce back this year, increasing by 20 percent or $40 billion. But through last month, they’re down 8.7 percent.

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7 minutes ago, WillFranklin said:

 

Corporations are not paying their fair share and I see you just laid that out.

 

AND we will make the wealthy pay more.

 

It makes you FURIOUS!

That's because corporations don't pay taxes. They collect them from you, idiot. 😂

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1 minute ago, DeepBreath said:

That's because corporations don't pay taxes. They collect them from you, idiot. 😂

 

You are saying they collect them and keep the money. That's the first time I ever heard that.

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1 minute ago, WillFranklin said:

 

You are saying they collect them and keep the money. That's the first time I ever heard that.

Jesus....Willie doesn't understand that taxes paid by corporations are paid by the consumers of their products AKA YOU. 

 

The corporation doesn't pay taxes, YOU DO for them. 

 

How stupid and uneducated are you, willie? Ever heard of a P&L?

 

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1 minute ago, DeepBreath said:

Jesus....Willie doesn't understand that taxes paid by corporations are paid

 

 

6 minutes ago, DeepBreath said:

That's because corporations don't pay taxes. 

 

 

LOL

 

BadBreath met the liberal breath lozenge yet again.

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1 minute ago, WillFranklin said:

 

 

 

LOL

 

BadBreath met the liberal breath lozenge yet again.

You really are that stupid. 🤣😂

 

Poor Willie just figured out he pays 100% of a corporations expenses. 🤣

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2 minutes ago, DeepBreath said:

You really are that stupid. 🤣😂

 

Poor Willie just figured out he pays 100% of a corporations expenses. 🤣

 

You act like corporations don't care what their tax rates are.

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