Snake Posted August 8, 2022 Share Posted August 8, 2022 1 minute ago, BOHICA said: Cause of corporate lobbying by business groups to allow business owners to keep more of there money. Tax deductions and credits don’t build businesses They allow businesses to keep more of their money to expand their business and invest in it's self. A subsidy by any other name is still a subsidy... 1 Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted August 8, 2022 Gold Member Share Posted August 8, 2022 (edited) 11 minutes ago, BOHICA said: Cause of corporate lobbying by business groups to allow business owners to keep more of there money. Tax deductions and credits don’t build businesses What? Edited August 8, 2022 by EvilBird Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 21 minutes ago, Snake said: They allow businesses to keep more of their money to expand their business and invest in it's self. A subsidy by any other name is still a subsidy... So it’s subsidies for business on credits and deductions they get Quote Link to comment Share on other sites More sharing options...
Anler Posted August 8, 2022 Author Share Posted August 8, 2022 1 hour ago, poopooforme said: 87,000 new IRS agents will get to keep a sharp eye on all of us small business owners. 80 billion in extra funding for the IRS. How the fuck has no one mentioned that yet? 87,000 NEW IRS AGENTS TO TARGET SMALL BUSINESS. THATS PRO BUSINESS POLICY RIGHT HERE AND YOU DEFEND THIS SHIT YOU CUCK BOHICA???? Bohica: Moar tax cuts! 1 Quote Link to comment Share on other sites More sharing options...
Cold War Posted August 8, 2022 Share Posted August 8, 2022 1 hour ago, BOHICA said: Just pay what you owe as a business and you have nothing to worry about. Honestly? 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted August 8, 2022 Author Share Posted August 8, 2022 29 minutes ago, BOHICA said: So it’s subsidies for business on credits and deductions they get That the tax payers pay for. Are you really this dumb? Lawmakers are promoting companies they are unethically invested in and we pay the difference. 1 Quote Link to comment Share on other sites More sharing options...
Snake Posted August 8, 2022 Share Posted August 8, 2022 "The Joint Committee on Taxation has reported that 78 to 90 percent of the taxpayer money raised via new audits and investigations as a result of the legislation would come from American households earning less than $200,000 a year. Meanwhile, just four to nine percent is expected to come from households earning more than $500,000 a year." 1 Quote Link to comment Share on other sites More sharing options...
Cold War Posted August 8, 2022 Share Posted August 8, 2022 Why I always laugh when we talk about “reparations”. Even though most of the money will be stolen by shell start up businesses of Detroit politicians . I can’t wait to see all the new businesses. Quote Link to comment Share on other sites More sharing options...
Anler Posted August 8, 2022 Author Share Posted August 8, 2022 5 minutes ago, Snake said: "The Joint Committee on Taxation has reported that 78 to 90 percent of the taxpayer money raised via new audits and investigations as a result of the legislation would come from American households earning less than $200,000 a year. Meanwhile, just four to nine percent is expected to come from households earning more than $500,000 a year." So if you arent wealthy enough to afford a good tax attorney get ready to be audited and have at least part of your assets seized or frozen. The IRS doesnt need a warrant or court order to make a withdrawl from your bank account. The bank will let them do it. One might think that if this were to happen to you perhaps one would have to assess if the lesser of two evils is really lesser... This is an all out assault on tax payers and a slap in the face from the people doing it when many of them get found to have unpaid taxes and other tax havens even in other countries. yay! Enjoy your "tax credit" you mindless lump @BOHICA 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted August 8, 2022 Share Posted August 8, 2022 The 1.5 trillion dollar repub tax cut for corporate America under trump was used by corps to. buy back shares of their companies. Quote Link to comment Share on other sites More sharing options...
Snake Posted August 8, 2022 Share Posted August 8, 2022 5 minutes ago, Anler said: So if you arent wealthy enough to afford a good tax attorney get ready to be audited and have at least part of your assets seized or frozen. The IRS doesnt need a warrant or court order to make a withdrawl from your bank account. The bank will let them do it. One might think that if this were to happen to you perhaps one would have to assess if the lesser of two evils is really lesser... This is an all out assault on tax payers and a slap in the face from the people doing it when many of them get found to have unpaid taxes and other tax havens even in other countries. yay! Enjoy your "tax credit" you mindless lump @BOHICA 1 Quote Link to comment Share on other sites More sharing options...
Snake Posted August 8, 2022 Share Posted August 8, 2022 (edited) 4 minutes ago, Mainecat said: The 1.5 trillion dollar repub tax cut for corporate America under trump was used by corps to. buy back shares of their companies. Edited August 8, 2022 by Snake 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted August 8, 2022 Platinum Contributing Member Share Posted August 8, 2022 2 hours ago, ArcticCrusher said: If the spending was aimed at helping the average American get ahead, you would see the benefits over the long term. This is a self serving grift that just leaves them the bill. Laughing at those who are still playing sides. 2 hours ago, Anler said: Did you notice that they did not reverse the Trump tax cuts for corporations and billionaires? They raised everyone's taxes who gets a paycheck. Yep…there is only one side and that side is against everyone here. Quote Link to comment Share on other sites More sharing options...
Mag6240 Posted August 8, 2022 Share Posted August 8, 2022 Just now, Jimmy Snacks said: Yep…there is only one side and that side is against everyone here. It's called the third rail, and that's the rail politicians are on... Not what everyone else is on. Quote Link to comment Share on other sites More sharing options...
racer254 Posted August 8, 2022 Share Posted August 8, 2022 9 minutes ago, Jimmy Snacks said: Yep…there is only one side and that side is against everyone here. I guess the smart play was to elect a 47+ year career politician. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted August 8, 2022 Share Posted August 8, 2022 1 hour ago, Mainecat said: The 1.5 trillion dollar repub tax cut for corporate America under trump was used by corps to. buy back shares of their companies. typical, more lies • The double-digit percentage decreases in average tax liability started with a 12.5% drop for people making $15,000 to $20,000 a year. Double-digit percentage reductions in liability continued for people making $25,000 to $30,000 (down 11.2%) through $100,000 to $200,000 (down 10.96%). • Taxpayers making between $40,000 and $50,000 a year had the largest fall in average tax liability, a 14.5% drop, while high-end households making between $250,000 and $500,000 had the second largest decrease, with a 14.4% liability reduction. • Taxpayers making at least $1 million had a 4.3% decrease in average tax liability. Across income groups, most Americans got a tax cut under the 2017 law, according to the independent Tax Policy Center. 1 Quote Link to comment Share on other sites More sharing options...
Cold War Posted August 8, 2022 Share Posted August 8, 2022 2 hours ago, Anler said: So if you arent wealthy enough to afford a good tax attorney get ready to be audited and have at least part of your assets seized or frozen. The IRS doesnt need a warrant or court order to make a withdrawl from your bank account. The bank will let them do it. One might think that if this were to happen to you perhaps one would have to assess if the lesser of two evils is really lesser... This is an all out assault on tax payers and a slap in the face from the people doing it when many of them get found to have unpaid taxes and other tax havens even in other countries. yay! Enjoy your "tax credit" you mindless lump @BOHICA Exactly. They will take your money right out of your bank account and slap a lien on your home with no due process. Fucking criminals! Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 33 minutes ago, Cold War said: Exactly. They will take your money right out of your bank account and slap a lien on your home with no due process. Fucking criminals! If ya do your taxes right then it’s a non issue. If you try to get around the laws and not pay your legally obligated share, you deserve to get hammered. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted August 8, 2022 Share Posted August 8, 2022 2 hours ago, Jimmy Snacks said: Yep…there is only one side and that side is against everyone here. Smales comes in for the double down, again. Quote Link to comment Share on other sites More sharing options...
Snake Posted August 8, 2022 Share Posted August 8, 2022 24 minutes ago, BOHICA said: If ya do your taxes right then it’s a non issue. If you try to get around the laws and not pay your legally obligated share, you deserve to get hammered. Yeah, that's the criteria.... Quote Link to comment Share on other sites More sharing options...
Cold War Posted August 8, 2022 Share Posted August 8, 2022 3 minutes ago, Snake said: Yeah, that's the criteria.... thanks. Fucks wrong with people? Smh. Quote Link to comment Share on other sites More sharing options...
Mag6240 Posted August 8, 2022 Share Posted August 8, 2022 20 minutes ago, BOHICA said: If ya do your taxes right then it’s a non issue. If you try to get around the laws and not pay your legally obligated share, you deserve to get hammered. Tax "professionals" (Which I am not) know that 98+% of people pay their taxes voluntarily - meaning they do their best to file on time, and with info they believe is accurate. So to spend this much going after 2% at best is a huge waste. And if their goal is to audit more of the 98%, well then have at it. IRS does what ever they want, and YOU have to prove YOU did it right, they don't have to prove shit. They compile numbers and that's gospel until YOU spend more money on good tax lawyers to prove YOU did it right, zero accountability by the IRS. On top of that, the IRS is the LEAST desirable government job. They have had issues for YEARS hiring people. Maybe this will double or triple the pay they can attract more candidates.... Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 8, 2022 Gold Member Share Posted August 8, 2022 (edited) 8 minutes ago, Snake said: Yeah, that's the criteria.... you get audited they either find where you cheated the system or they find you did the right thing. im guessing the ones here talking about getting audited and how it’s hell tried to cheat the system and got caught. Edited August 8, 2022 by BOHICA Quote Link to comment Share on other sites More sharing options...
Cold War Posted August 8, 2022 Share Posted August 8, 2022 You bet! All government agencies never make mistakes or go after people for alternative reasons. For fucks sake this is the drunk ass AG of Michigan. Going after her opposition for investigating election fraud and asking questions. Im guessing he shouldn’t of been asking questions, huh???? Quote Link to comment Share on other sites More sharing options...
Snake Posted August 8, 2022 Share Posted August 8, 2022 14 minutes ago, BOHICA said: you get audited they either find where you cheated the system or they find you did the right thing. im guessing the ones here talking about getting audited and how it’s hell tried to cheat the system and got caught. I pretty much know a certain percentage of audits are random cases. Literally pulled from a hat. Who gets to pay the accountant and or legal expenses incurred with an audit? 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.