#corporate taxes

[mapsontheweb]

When examining tax burdens on businesses, it's important to consider both federal and state corporate taxes.

by @TaxFoundation

[canadianabroadvery]

" ... cutting the tax rate led to less investment, not more. So we shouldn’t believe doomsday predictions that investment will somehow disappear if the tax cut is partially reversed.

It’s not just business investment that performed poorly ... "

[zinx-the-idiot]

Me after I commit tax fraud

[my-midlife-crisis]

That's exactly what we want.

[if-you-fan-a-fire]

"Once prospectors had been attracted to the available land, the state provided specialized services to assist them in the accurate evaluation of their properties. When most mining companies could not afford complex machinery and continued assessing their claims by pick and shovel surface trenches, several mining companies through the Bureau of Mines purchased two diamond drills, the first in 1894 and the second in 1901, for use by government geologists and rental to private developers. Then, in the hope of inducing more thorough exploration by diamond drill, the Bureau relieved prospectors of some of the financial hardship entailed by absorbing 45 per cent of the modest rental. To assist in the speedy and accurate chemical analysis of mineral samples submitted by both private and government explorers, the province established its first assay office at Belleville in 1898. Soon afterward, when the northern camps came into their own, the government opened regional branches of this office to serve the immediate needs of the mining community. There government technicians evaluated the mineral content of drill cores and rock samples, judged the final determination of disputed mineralization values, and passed out a variety of technical and geological information to enquiring prospectors.

All levels of government, in their eagerness to hasten the location of certain strategic or especially desirable industries offered direct cash incentives such as bounties, bonuses and subsidies, as well as a variety of other inducements. A great deal has already been written concerning the tariff and bounty policies of the federal government. At the other pole of government, municipalities competed with each other in extending the most generous terms to interested industrialists. For instance, the promise of a small but important municipal bounty was enough to move Adam Beck's cigar box factory from Preston to London."

- H. V. Nelles, The Politics of Development: Forests, Mines & Hydro-Electric Power in Ontario, 1849-1941. Second Edition. McGill-Queen’s University Press, 2005 (1974), p. 125.

[socialjusticeinamerica]

[lukesmithinsights]

Common Mistakes to Avoid When Filing Corporate Taxes

[republicansaredomesticterrorists]

[sinister-yet-satisfying]

I hate it here

Let this be a lesson against believing politicians lies.

Keeping wealth concentrated in the 1% is the end goal of capitalism.

They will do whatever is necessary to keep the working class desperate and dependent on the system that impoverishes them.

[inkskinned]

100,000 dollars is not a lot of money.

it is also a lot more money than i will ever have. my student loans make up half of that - they're coming back, i'm told, like we all bounced back recently. the other day while paying for gas to go to work, i overdrew my account without knowing it.

i sat in the car and looked at the charge and tried to do the math. where the fuck is the money even going? i don't live extravagantly. i live in a hole in the ground, in an apartment the size of a sneeze; covered in ants. yes, i wanted to live close to a population center. maybe that's my fault. i've downloaded the apps and i've spoken to the experts and i've cut back on excess. i can't help the pharmacy bills or the medical debt.

i have a good, well-paying job. when i googled it to see if i was getting a fair salary, i found out i'd be making "upper middle class" money. which doesn't make sense - is "upper middle class" now just "able to afford a one-bedroom without a roommate". when i was younger, upper-middle meant a nice big house and a backyard and vacations and not flinching about eating at a resturant.

i was talking to my friend who is a realtor. he said 100,000 dollars is extremely cheap for housing. he's not wrong. 100,000 dollars would change my life. 100,000 dollars also won't really buy you anything. it could get you out of debt, potentially, if you were lucky and had a certain amount of scholarships to tack onto your degree. you could pay off the car and then have enough left over for "spending" money. how fucking amazing. one vacation, maybe two if you're thrifty. and then - like magic - the money would evaporate into nothing. people would sigh and tell you see, you should have put it into savings! like "upper middle class" people can't afford to value "actually living" over squirrelling wealth. you should spend your life only in scarcity. like that is what made the rich people all their real "actually a lot of money".

100,000 dollars would literally set me free. it also would just set me back to "earning normally" instead of paying down debt into infinity. god, do you know how many of us just want that? that our first thought is we could stop scrambling and just be free of debt if we won the lottery? that we don't even necessarily need to stop working - we just wouldn't have to worry about failing or falling?

and. at the same time. 100,000 dollars is next to fucking nothing.

[emperornorton47]

Taxes for the people who haven't been paying them.

[reiverreturns]

probably a good thing i don’t live in london because i might be inclined to hunt this man down and kill him with my bare hands xox

[my-midlife-crisis]

[zinx-the-idiot]

OH GOD NOOOOOO