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8. augusta 2011, 20:00:32
Mort 
United States federal income tax incorporates an alternative minimum tax. This tax is computed at a lower tax rate (20% for corporations), and imposed based on a modified version of taxable income. Modifications include longer depreciation lives assets under MACRS, adjustments related to costs of developing natural resources, and an addback of certain tax exempt interest.[52]

Corporations may also be subject to additional taxes in certain circumstances. These include taxes on excess accumulated undistributed earnings and personal holding companies[53] and restrictions on graduated rates for personal service corporations.[54]

Some states, such as New Jersey, impose alternative taxes based on measures other than taxable income. Among such measures are gross income, pipeline revenues, gross receipts, and various asset or capital measures. In addition, some states impose a tax on capital of corporations or on shares issued and outstanding. The U. S. state of Michigan previously taxed businesses on an alternative base that did not allow compensation of employees as a tax deduction and allowed full deduction of the cost of production assets upon acquisition.

http://en.wikipedia.org/wiki/Corporate_tax_in_the_United_States

Taxes are never simple regarding corporations.

8. augusta 2011, 20:03:00
Papa Zoom 
Subjekt: Re:
(V): Australia, Austria, Canada, Denmark, Finland, France (yes, France), Germany, Luxembourg, Netherlands, Norway, Sweden, Switzerland and the United Kingdom all have lower corporate tax rates than the US.


So maybe you're saying that they should raise those rates to be more in line with the US rates?

8. augusta 2011, 20:13:23
Mort 
Subjekt: Re:
Artful Dodger: ..... You still don't get accounts.... You cannot cherry pick, it don't work unless you are a moron when it comes to accounts. You can quote 'bites' but they will be still regardless of how much you use them just distortions.

Like I could say...."from under 1%".... to your "So maybe you're saying that they should raise those rates to be more in line with the US rates?"

But to answer that you'd have to look up more on the other countries tax rates and the variations in rates as well as the US variations.



btw.. "In addition, tax rates imposed below the federal level vary widely by jurisdiction, from under 1% to over 16%."


8. augusta 2011, 20:46:15
Papa Zoom 
Subjekt: Re:
(V): I must be a moron then.

8. augusta 2011, 21:11:44
Mort 
Subjekt: Re:
Artful Dodger: ... You don't even understand variable tax levels depending on income!! ... .... I know a CEO who would like you. You'd be made financial director and a scapegoat at the same time.

8. augusta 2011, 21:19:44
Papa Zoom 
Subjekt: Re:
(V): Of course I understand that. I'm just stating the facts as they can be found on the in IRS reporting. For example, 51% of eligible tax payers in the US pay ZERO income taxes.

When Obama asks for everyone to pay their fair share, he only mentions the rich. He leaves out this huge number. OVER HALF of income earners pay nothing. Something isn't right.

8. augusta 2011, 21:25:10
Mort 
Subjekt: For example, 51% of eligible tax payers in the US pay ZERO income taxes.
Zmenené užívateľom Mort (8. augusta 2011, 21:31:29)
Not true.. It could be said that 51% get more in benefits or tax credits than they pay in taxes, but not that 51% don't pay taxes, as the latter if FALSE and a blatant cherry pick to warm the hearts of the conservative American.

8. augusta 2011, 21:33:24
Papa Zoom 
Subjekt: Re: For example, 51% of eligible tax payers in the US pay ZERO income taxes.
(V): No, it is true. It's being said by tax experts and can be verified via the IRS stats. And I said INCOME taxes, not taxes. There's a difference.

8. augusta 2011, 21:51:30
Papa Zoom 
Good News: Islamists Will "Use Force" to Institute Sharia in .... LONDON

We've been writing about the Islamists at Muslims Against the Crusades wanting to create sharia zones now for a few weeks, but this RT report is pretty good (for instance, it reports that the Sharia would require punishment for apostasy) and it notes that Abu Izzadeen and Anjem Choudary have organized gangs to not only verbally harass Muslims not living up to their version of Islamic standards, but also to use physical force to get rid of vices they deem un-Islamic.
http://www.youtube.com/watch?v=dN6CHtGGo4g&feature=player_embedded

8. augusta 2011, 21:58:37
Mort 
Subjekt: Re: And I said INCOME taxes, not taxes. There's a difference.
Artful Dodger: Explain it then. No sound bites.. as I looked up income tax and the amounts and benefits and saw those you say don't pay taxes were paying income tax, yet getting tax credits, etc back.

.... you'd know a tax expert how?

And we are having more problems with youth riots at the moment. Riot and looting season is in full swing.

8. augusta 2011, 22:05:30
Papa Zoom 
Subjekt: Re: And I said INCOME taxes, not taxes. There's a difference.
(V): The only point I'm making is that it's a FACT that there are a lot of people that pay no Federal income taxes.

http://finance.senate.gov/newsroom/ranking/download/?id=9fe27e9f-a5e0-4010-8461-ffc00b5c00ef

8. augusta 2011, 22:10:17
Papa Zoom 

8. augusta 2011, 22:13:11
Mort 
A positive income liability.. would you explain that to me Dan.

"A positive income tax liability is the amount of income tax that a
taxpayer owes to the federal government after subtracting all of their
deductions (e.g., standard deduction/itemized deductions and
deduction for personal exemptions) from their income and taking into
account non-refundable tax credits (other than the child tax credit).
For example, if a married couple filing jointly with two children
receives $26,000 of income and takes the standard deduction of
$10,900 as well as the deduction for personal exemptions of $13,600,
their taxable income would be $1,500. Based on this taxable income,
their positive income tax liability would be $150."

Is this right?

8. augusta 2011, 22:35:02
Papa Zoom 
Subjekt: Re:
(V): Since you got that off the net, I can only assume that it is. But it's not the point I made. I actually sent you the official government report. hmmmmmm

9. augusta 2011, 01:07:14
Bernice 
Subjekt: Re:
Artful Dodger: London...they are talking about bringing in the army, as the police can't control the rioters...looks like "London is burning" during a REAL war...unemployed with nothing better to do most of them. :(

9. augusta 2011, 02:00:38
Papa Zoom 
Subjekt: Re:
Bernice: People who think they are entitled to more than they are getting can be that way. The left is like that here as is the radical right. Moderate left isn't but most left leaning people are in the category of mob mentality.

And multiculturalism is a dismal failure. Sad but we've all been duped.

9. augusta 2011, 02:12:31
Vikings 
Holiday season, football season, soccer season, b-ball season, summer traveling season, fishing season, shopping season, snow bird season, and now are you ready...........

RIOT SEASON, and of course, LOOTING SEASON

Oh I want to live there

9. augusta 2011, 02:34:43
Bernice 
Subjekt: Re:
Vikings: for once I have to agree with you

9. augusta 2011, 03:09:24
Papa Zoom 
Subjekt: Re:
Vikings: I've got my plane ticket. One stop over in London to watch the riots and then I'm off to France.

9. augusta 2011, 07:06:13
Papa Zoom 

It hasn’t been a good couple weeks for climate change proponents. And that seems to be getting under Al Gore’s skin.


On July 28, it was revealed that the scientist behind the polar-bears-are-in-trouble research is being investigated for “scientific misconduct” regarding the article oft-sited by climate change leaders. Then, a new study of NASA data revealed that the earth is actually allowing more heat to escape the planet than previously thought by the climate change community


Say it isn't so!  lol.  Ya think maybe there's more?  Hmmm, didn't I say a long time ago that this was all a hoax?  But wait, there's more.


"So maybe that’s why Al Gore decided to unleash on climate change skeptics last week during a speech at the Aspen Institute in Colorado. The Colorado Independent notes that Gore launched into a vulgar tirade while accusing skeptics of media manipulation:



The model of media manipulation used then, Gore said, “was transported whole cloth into the climate debate. And some of the exact same people — I can go down a list of their names — are involved in this. And so what do they do? They pay pseudo-scientists to pretend to be scientists to put out the message: ‘This climate thing, it’s nonsense. Man-made CO2 doesn’t trap heat. It may be volcanoes.’ Bull----! ‘It may be sun spots.’ Bull----! ‘It’s not getting warmer.’ Bull----!” Gore exclaimed."


Um yeah, man made warming as in hot under the collar! 


Gore has not been keeping up on the latest dat and peer-reviewed studies. Yes, volcanoes can and do have a big impact on global warming.


Here's the rest of the article:  http://www.theblaze.com/stories/%e2%80%98bullst%e2%80%99-al-gore-comes-%e2%80%98unhinged%e2%80%99-during-climate-change-speech/


Some of you will pretend to be scientists and dispute verified facts and peer reviewed papers but you'll still be wrong.  Even a dummy like me knows better. 


9. augusta 2011, 10:23:49
Bernice 
BRIXTON.....seems to be the underpriveledged causing the trouble :( sad what unemployment will do...causing boredom, and of course colour doesn't come intp it??? much???

9. augusta 2011, 11:07:10
Snoopy 
Subjekt: of course
Zmenené užívateľom Snoopy (9. augusta 2011, 11:15:35)
according to at least person who posts on here the UK never has any problems

http://www.bbc.co.uk/news/uk-england-london-14450248

9. augusta 2011, 11:28:47
Mort 
Subjekt: Re:
Artful Dodger: You quoted a paper saying.. "52% .. positive income liability"

You quote another paper saying..

"Just 54 percent of all tax units will pay federal individual income tax in 2011, leaving about 46 percent paying no federal income tax or receiving a net refund."

and ... "Of the 38 million tax units made nontaxable by the addition of tax expenditures, 44 percent are moved off the tax rolls by elderly tax benefits and another 30 percent by credits for children and the working poor (see chart 2 and table 2). The other six groups of tax expenditures have much less impact, each making 6 percent or fewer units nontaxable."

Please explain.

9. augusta 2011, 11:30:11
Mort 
Subjekt: Re: of course
Snoopy: Some here say the UK is always having problems

Maybe it's just their area.

9. augusta 2011, 11:31:19
Mort 
Subjekt: Re: and of course colour doesn't come intp it??? much???
Bernice: Colour??

9. augusta 2011, 12:01:34
Snoopy 
Subjekt: Re: of course
(V): you condone this then?
http://www.bbc.co.uk/news/uk-14456065

9. augusta 2011, 12:09:37
Mort 
Subjekt: Re: of course
Snoopy: No... should I?

9. augusta 2011, 12:13:02
Snoopy 
Subjekt: Re: of course
(V): of course not
but from your tone it sounds has if you are

9. augusta 2011, 12:16:45
Mort 
Subjekt: Re: of course
Snoopy: Really... or just presumption on your part.

9. augusta 2011, 12:22:08
Bernice 
yes colour.....isn't Brixton predominately coloured? well unless the news providers in the UK are liars, that is what we are told.

9. augusta 2011, 12:26:31
Mort 
Subjekt: Re:
Bernice: .... Yes, but that is just one area of London. I wondered if you meant colour of the hoods which all youths use regardless of their ethnic heritage... seeing as the riots are not just taking place in London.

9. augusta 2011, 17:44:39
Papa Zoom 
Subjekt: Downgrade is on the Dems
"What did the Democrats do with respect to federal debt during the four years they controlled both Houses of Congress?" Hinderaker asks. Why they just merrily rolled along, increasing the debt without any plan, short term or long term, to repay it.



Here is a summary of the deficits the Democrats racked up during that time:

FY 2008 -- $460 billion
FY 2009 -- $1,410 billion ($1.4 trillion)
FY 2010 -- $1,300 billion ($1.3 trillion)
FY 2011 -- $1,600 (estimated) ($1.6 trillion)

9. augusta 2011, 20:53:44
Papa Zoom 
The largest construction boondoggle in recorded human history continues to unfold in the Central Valley of California. The initial segment of Obama's pet project, a high-speed rail line from Merced to Bakersfield, just had its first announced cost overrun. With costs jumping from $7.1 billion to a staggering $13.9 billion, the project now has doubled in price even before a single shovelful of earth is turned. Now that is the seat-of-the-pants, lets just make up a number, government contracting that the Democrats and the unions so dearly love.

*here's an interesting quote from the article: "Critics say the project is in danger of runaway costs at a time when tax dollars are scarce."

*And I LOVE this next paragraph: "Ya gotta love the line; "Critics say the project is in danger of runaway costs at a time when tax dollars are scarce." Really? Just critics? How about any thinking person with an IQ above room temperature could foresee that the cost of this segment of the rail line will exceed $30 billion dollars? As a reference, Boston's Big Dig will cost $22 billion by the time it is paid for in 2038."

9. augusta 2011, 21:14:56
Papa Zoom 
Subjekt: More prrof Michael Moore is a fat moron
"Pres Obama, show some guts & arrest the CEO of Standard & Poors. These criminals brought down the economy in 2008 and now they will do it again," Mr. Moore wrote.

Water board the fat slob and when he screams enough, keep the water running.

9. augusta 2011, 21:37:05
Mort 
"On his Twitter feed Monday, the Oscar-winning film director also blamed the 2008 economic collapse on Standard & Poor's -- apparently because it and other credit-ratings agencies did not downgrade mortgage-based bonds, which encouraged the housing bubble and let it spread throughout the economy."

I don't like the loud fat slob either, but it's hard to argue with the above statement. I can't say whether that was the start of our troubles, but it sure gave us a good hard shove down the slippery slope.

9. augusta 2011, 22:23:24
Papa Zoom 
Subjekt: Re:
(V): Maybe only the S&P did the responsible thing. Maybe the other rating agencies were afraid of congressional retribution.

9. augusta 2011, 22:23:35
gogul 
Subjekt: London
Zmenené užívateľom gogul (9. augusta 2011, 22:25:12)
"Google Group Members to Use Facial Recognition to Identify London Rioters" http://t.co/56EOicX


Brits don't need to be astounded, bankers waving banknotes to protesters. Remember? I don't endorse violence, but the chiefs from Londoner suburbs must be frustrated and nobody has to wonder why they slacken the reins. The Brits are rich and they are too rich at the expense of these suburbs!

9. augusta 2011, 22:36:01
Mort 

9. augusta 2011, 22:56:06
Mort 
The IPCC has reported that Mark Duggan did not open fire before being shot.

"Mr Duggan, 29, whose death sparked the first riots in Tottenham, died from a single bullet wound, an inquest heard.The police watchdog said ballistic tests showed "no evidence that the handgun found at the scene was fired".

BBC News understands firearms officers discharged their weapons in the belief there was a threat to human life. Their guidelines allow them to open fire in such circumstances.

Mr Duggan, a father of four, was shot in Ferry Lane, Tottenham, north London, on Thursday, as specialist firearms officers attempted to make an arrest. A key witness, the driver of the minicab in which Mr Duggan was travelling, has yet to give his version of events. He is understood to be in a severe state of shock.

Investigations by the IPCC show two shots were fired by a Scotland Yard CO19 firearms officer.

**************** Tottenham is in London for those outside the UK.

10. augusta 2011, 00:19:05
The Col 
Subjekt: Re:
(V): Is this the first time anyone has been shot by a cop in London without being armed?
If it happened here, it would be news, but.........

10. augusta 2011, 00:44:20
Mousetrap 
Subjekt: Re:Talking about
Bernice: There has been some riots yes but nothing the police cannot deal with. Most of it is rumour spreading via facebook and not rioting on streets.

10. augusta 2011, 00:45:25
Mousetrap 
Subjekt: From official police page
Staffordshire Police
We have spoken to hundreds of people tonight across the county about false rumours of disorder - Your local police are out on highly visible patrol speaking to members of our community, keeping them safe and informed.

The situation across the county is calm and officers are responding incidents and patrolling as normal.

10. augusta 2011, 00:49:24
Papa Zoom 
Subjekt: Re: From official police page
Mousetrap: They may be painting a happy face to it. We've had civil disorder situations in the US and they are often downplayed by officials in order to give the appearance that the govt has things under control.

What are the rioters so upset over?

10. augusta 2011, 00:53:46
Mousetrap 
Subjekt: Re: From official police page
Artful Dodger: Apparently over a man being shot by police.
But belive me the riots are not happening everywhere. It was said via Facebook that there wasn riots up Hanley and Shelton tonight. I was in Shelton. And there were no riots. I caused more of a riot tonight down my local than there was anywhere else because the bar lady told me to relay on my mates to tell me when last orders was. And I said no. you know I am deaf, you are in charge, I do not relay on my hearing mates tom tell me, you should tell me lmbo! That was the most fighting in Stoke-on-Trent all night I bet!

10. augusta 2011, 00:54:32
gogul 
Subjekt: Re: From official police page
Artful Dodger: They where in desperate search of new shoes.

10. augusta 2011, 01:00:44
Mort 
Subjekt: Re:
The Col: The guy was a father of four, not a kid.

N' it's not just all.. just the spark that set it on fire.

10. augusta 2011, 01:01:45
Mort 
Subjekt: Re: From official police page
Mousetrap:

10. augusta 2011, 01:02:30
Papa Zoom 
Subjekt: Re: From official police page
Mousetrap: The mentality of people is so odd. To protest violence by police they riot, loot, and burn property of innocent people. Don't they see how stupid their own acts are?

10. augusta 2011, 01:08:51
Bernice 
Subjekt: Re:Talking about
Zmenené užívateľom Bernice (10. augusta 2011, 01:12:34)
Mousetrap: well I dont know where they are getting the TV films from then.....surely they can't be staged....there is rioting alright, nothing can change that


not only that, it has spread so far north....innocent people losing property and possessions...disgusting.

10. augusta 2011, 01:11:04
Mousetrap 
Subjekt: Re:Talking about
Bernice: Oh yes there is in London. But London is a big city.
Take a look at the rioting reported in Manchester on tv and you will see one rioter and about 5 police in full protective gear

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