Amazon, Walmart, McDonalds, and other large corporations want higher taxes. They support the leftist ideals. But why?

It's simple.

Small business is generally higher-priced than other larger corporations because they don't have the volume and buying power.

Taxes are not paid by companies. Taxes are absorbed as the cost of doing business and are passed through to the consumer in the price of goods and services.

Raise taxes on companies and the small businesses will have to go out of business because their prices will drive away the consumer even further to Amazon, Walmart, etc.

Joe's plan to punish corporations with higher taxes will raise tax revenue but that revenue will actually be paid for by you and me. In the meantime, Joe's plan will also crush small business.

Way to go Democrats.

Troofer Wrote:
-------------------------------------------------------
> Amazon, Walmart, McDonalds, and other large
> corporations want higher taxes. They support the
> leftist ideals. But why?
>
> It's simple.
>
> Small business is generally higher-priced than
> other larger corporations because they don't have
> the volume and buying power.
>
> Taxes are not paid by companies. Taxes are
> absorbed as the cost of doing business and are
> passed through to the consumer in the price of
> goods and services.
>
> Raise taxes on companies and the small businesses
> will have to go out of business because their
> prices will drive away the consumer even further
> to Amazon, Walmart, etc.
>
> Joe's plan to punish corporations with higher
> taxes will raise tax revenue but that revenue will
> actually be paid for by you and me. In the
> meantime, Joe's plan will also crush small
> business.
>
> Way to go Democrats.


In a year, you liberal turds working for small business will be out of work.

Small business constitutes a major force in the U.S. economy. There are more than twenty-seven million small businesses in this country, and they generate about 50 percent of our gross domestic product (GDP).

We have heard the term RINO before, but there is also DINO (democrat in name only). The heads of these large companies like to appear as though they are democrats, but they are actually capitalists and are using the liberal administration to abolish small business through higher taxes.

I went to walmart this past weekend to pick up some motor oil and looks like they are already preparing for their next phase of getting rid of humans. For a long time now people have been marching for $15/hr minimum wage but they werent smart enough to be happy they had a job. Walmart off of 29 has replaced almost all the cashiers with self checkout. You wanted 15/hr and what you got was 0/hr. So now walmart can absorb Joes corporate tax increase because they have less employees and dont have to raise their prices.

Your buddy Joe is crushing his own voters little by little.

OP is absolutely right.

Amazon pays almost no tax at all, so of course they support higher tax rates. They don't give a fuck if Joe raises it to 90% as it only helps them.

Between the ability to sink huge funds into CAPEX, getting massive tax CREDITS for building in certain places (remember when Amazon got billions in tax credits for HQ2? - forgot about that, didn't you?), strategically offshoring pieces of your business that are otherwise taxable to "enhance tax efficiency", Amazon and others are happy to come out and support the starving of their competition.

A realistic Liberal solution should be to increase corporate tax only on companies employing 500 people or greater. Something like that I think would level out the competition and still punish those evil large corporations that together employ nearly 50% of the population. At the same time, create an illegal law that forbids large corporations from laying anyone off due to the increased corporate tax.

Take that you large job-creating corporations!

libtards only like monopolies that don't pay taxes...
that way the billionaires can tell them how morally woke they are on fake news

monopolies use every trick they have their dino and rino slaves put into legislation so they never have to pay taxes

the increase in taxes goes squarely on the small businesses who aren't slaves to bezos, zuckerberg, etc...and makes more of them fail and then have to work for the modern billionaire slave master class

Troofer Wrote:
-------------------------------------------------------
> Amazon, Walmart, McDonalds, and other large
> corporations want higher taxes. They support the
> leftist ideals. But why?
>
> It's simple.
>
> Small business is generally higher-priced than
> other larger corporations because they don't have
> the volume and buying power.
>
> Taxes are not paid by companies. Taxes are
> absorbed as the cost of doing business and are
> passed through to the consumer in the price of
> goods and services.
>
> Raise taxes on companies and the small businesses
> will have to go out of business because their
> prices will drive away the consumer even further
> to Amazon, Walmart, etc.
>
> Joe's plan to punish corporations with higher
> taxes will raise tax revenue but that revenue will
> actually be paid for by you and me. In the
> meantime, Joe's plan will also crush small
> business.
>
> Way to go Democrats.

100% accurate

Taxes in general are too low in this country. Nothing wrong with a few tax hikes.

American loyalist Wrote:
-------------------------------------------------------
> Taxes in general are too low in this country.
> Nothing wrong with a few tax hikes.


How much extra do you voluntarily pay every year?

American loyalist Wrote:
-------------------------------------------------------
> Taxes in general are too low in this country.
> Nothing wrong with a few tax hikes.

Says the person who doesn't *actually* volunteer to pay more

Most of you ignorant hillbillies don't make nowhere near 400K to be concerned about higher taxes . You dumb rednecks should just keep believing in QANN theories and Martians landing in area 51.6

Black conservative Wrote:
-------------------------------------------------------
> Most of you ignorant hillbillies don't make
> nowhere near 400K to be concerned about higher
> taxes . You dumb rednecks should just keep
> believing in QANN theories and Martians landing in
> area 51.6

You apparently don't know how to read. This thread isn't about raising personal taxes. We all understand Biden's pledge (at least for now) to not increase personal income taxes on anyone below $400K.

This is a thread on why large corporations like Amazon and Walmart support the left's agenda for higher CORPORATE taxes.

Now, go back to the beginning of the thread and try to comprehend what has been written. It has been written pretty clearly.

nigga please Wrote:
-------------------------------------------------------
> American loyalist Wrote:
> --------------------------------------------------
> -----
> > Taxes in general are too low in this country.
> > Nothing wrong with a few tax hikes.
>
>
> How much extra do you voluntarily pay every year?


Hahahahaha...good one!

Black conservative Wrote:
-------------------------------------------------------
> Most of you ignorant hillbillies don't make
> nowhere near 400K to be concerned about higher
> taxes . You dumb rednecks should just keep
> believing in QANN theories and Martians landing in
> area 51.6

Tarda boy identifying as black now. Interesting.
Attachments:

I loved the trump tax cuts
Corporations cut prices in half

Oh wait

Just sayn Wrote:
-------------------------------------------------------
> I loved the trump tax cuts
> Corporations cut prices in half
>
> Oh wait

I know that democrats don't like to read, but I will post this anyway.

If you don't want to read, the basic story says that Trump tax cuts actually generated more tax revenue for the federal government.

Go Figure: Federal Revenues Hit All-Time Highs Under Trump Tax Cuts

Taxes: Critics of the Trump tax cuts said they would blow a hole in the deficit. Yet individual income taxes climbed 6% in the just-ended fiscal year 2018, as the economy grew faster and created more jobs than expected.

The Treasury Department reported this week that individual income tax collections for FY 2018 totaled $1.7 trillion. That's up $14 billion from fiscal 2017, and an all-time high. And that's despite the fact that individual income tax rates got a significant cut this year as part of President Donald Trump's tax reform plan.

Income Taxes After Trump Tax Cuts

True, the first three months of the fiscal year were before the tax cuts kicked in. But if you limit the accounting to this calendar year, individual income tax revenues are up by 5% through September.

Other major sources of revenue climbed as well, as the overall economy revived. FICA tax collections rose by more than 3%. Excise taxes jumped 13%.

The only category that was down? Corporate income taxes, which dropped by 31%.

Overall, federal revenues came in slightly higher in FY 2018 — up 0.5%.

Spending, on the other hand, was $127 billion higher in fiscal 2018. As a result, deficits for 2018 climbed $113 billion.

Let's compare these results with Obama's last full fiscal year in office, 2016.

Individual income tax revenues went up by a mere 0.3%, Treasury data show. Fiscal 2016 also saw a 13% drop in corporate income taxes. FICA tax collections climbed by less than 1%. Excise tax collections dropped almost 3%.

Overall revenues increased by 0.5% — about the same as this year. The deficit? It climbed by $148 billion.
------

My note: cut spending as little bit; start with welfare abuse. As democrats like to point out, whites are 85% of the population and account for most welfare usage. Ok, fine. Cute the free ride.

That is a fascinating thought. Unfortunately, you can't do anything about that, because such corporations are have instaurated a monopoly over the entire market. In that case, the only thing to do is to use some coupons you could get at different subsidiary companies like DontPayFull, and other companies where you can get a coupon that will help you save up much money.