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SpeedRacer

Charts about US budget & taxes

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And it's perfectly legal - coming to a point sometime soon?

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But there's absolutely no truth to the idea that GE/US is unprofitable while the non US portion is making a fortune.



Wow - so a loss year means the corp is unprofitable, now? Hyperbole much?



By definition, losing money means unprofitable. Hyperbole is pretending that GE's not gaming the system. It true - they have an obligation to their shareholders. But this sort of behavior leads to legislative changes, so it might be short term thinking.

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And it's perfectly legal - coming to a point sometime soon?

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But there's absolutely no truth to the idea that GE/US is unprofitable while the non US portion is making a fortune.



Wow - so a loss year means the corp is unprofitable, now? Hyperbole much?



By definition, losing money means unprofitable. Hyperbole is pretending that GE's not gaming the system. It true - they have an obligation to their shareholders. But this sort of behavior leads to legislative changes, so it might be short term thinking.



How is following the tax laws 'gaming the system', pray tell?

As for legislative changes, I refer you back to the examples of New Jersey and Maryland - the rich and large companies *can* afford to move away from excessive taxes.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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>How is following the tax laws 'gaming the system', pray tell?

"Gaming the system" is a term used to describe the process whereby someone uses existing rules to manipulate a system for personal gain, often damaging the system in the process. For example:

Let's say you want to get really close to a tandem under canopy to video your girlfriend. The TM says "no." You get a big canopy, jump on the same load, get under them and float upwards to get near them. The TM tries to avoid you but you stay under him.

After you land, and the TM and S+TA get on your ass, you claim "but the low canopy has right of way! The BSR's clearly state that the TM was violating the rules, and I was in the right." Technically you are correct - but you are gaming the rules to get what you want and ignoring the intent of the rules (to provide safe separation between canopies.)

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>How is following the tax laws 'gaming the system', pray tell?

"Gaming the system" is a term used to describe the process whereby someone uses existing rules to manipulate a system for personal gain, often damaging the system in the process. For example:

Let's say you want to get really close to a tandem under canopy to video your girlfriend. The TM says "no." You get a big canopy, jump on the same load, get under them and float upwards to get near them. The TM tries to avoid you but you stay under him.

After you land, and the TM and S+TA get on your ass, you claim "but the low canopy has right of way! The BSR's clearly state that the TM was violating the rules, and I was in the right." Technically you are correct - but you are gaming the rules to get what you want and ignoring the intent of the rules (to provide safe separation between canopies.)



Non-sequitur - if you're a fun jumper in Thailand you're going to follow PIA and not USPA. If you're an overseas business segment, you're going to pay taxes to the host country. GE's US operations lost 408 million last year, which wiped out their tax bill to Uncle Sam.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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It is truly amazing how you continue to justify the unjustifiable.



So show me the tax laws they broke, perfesser - or were you talking to your mirror?



You don't have to break any laws to behave unethically and antisocially. Not that you would understand.
...

The only sure way to survive a canopy collision is not to have one.

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It is truly amazing how you continue to justify the unjustifiable.



So show me the tax laws they broke, perfesser - or were you talking to your mirror?



You don't have to break any laws to behave unethically and antisocially. Not that you would understand.



Taking deductions that are allowed is now behaving unethically and antisocially? How much money did you give back to fed.gov, perfesser? After all, it's apparently unethical and antisocial to not do that.

It appears that your understanding of business is on par with your understanding of gun laws - nonexistent.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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It is truly amazing how you continue to justify the unjustifiable.



So show me the tax laws they broke, perfesser - or were you talking to your mirror?



You don't have to break any laws to behave unethically and antisocially. Not that you would understand.



Taking deductions that are allowed is now behaving unethically and antisocially? How much money did you give back to fed.gov, perfesser? After all, it's apparently unethical and antisocial to not do that.

It appears that your understanding of business is on par with your understanding of gun laws - nonexistent.



Apparently I gave the federal govt. more than GE did.

As I wrote, I wouldn't expect you to understand.
...

The only sure way to survive a canopy collision is not to have one.

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It is truly amazing how you continue to justify the unjustifiable.



So show me the tax laws they broke, perfesser - or were you talking to your mirror?



You don't have to break any laws to behave unethically and antisocially. Not that you would understand.



Taking deductions that are allowed is now behaving unethically and antisocially? How much money did you give back to fed.gov, perfesser? After all, it's apparently unethical and antisocial to not do that.

It appears that your understanding of business is on par with your understanding of gun laws - nonexistent.



Apparently I gave the federal govt. more than GE did.



Translation: I took every deduction I could.

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As I wrote, I wouldn't expect you to understand.



Good - just like I don't expect you to understand business principles or firearms law.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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It is truly amazing how you continue to justify the unjustifiable.



So show me the tax laws they broke, perfesser - or were you talking to your mirror?



You don't have to break any laws to behave unethically and antisocially. Not that you would understand.



Taking deductions that are allowed is now behaving unethically and antisocially? How much money did you give back to fed.gov, perfesser? After all, it's apparently unethical and antisocial to not do that.

It appears that your understanding of business is on par with your understanding of gun laws - nonexistent.



Apparently I gave the federal govt. more than GE did.



Translation: I took every deduction I could.



You should ask for your money back at mindreading school, you didn't learn anything.
...

The only sure way to survive a canopy collision is not to have one.

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You should ask for your money back at mindreading school, you didn't learn anything.



Sorry - I was giving your telepathy/future crime machine a tryout. Guess it doesn't work as well as you think it does.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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" last week's federal budget deal, which calls for spending cuts of about $38 billion. In comparison, tax breaks for the wealthy will cost the government $42 billion during this fiscal year" according to Michael Linden, director for tax and budget policy at the Center for American Progress.


Great policy, isn't it. Even the $38Bn is largely smoke and mirrors, yet still the Republicans want the very rich to have even more.
...

The only sure way to survive a canopy collision is not to have one.

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" last week's federal budget deal, which calls for spending cuts of about $38 billion. In comparison, tax breaks for the wealthy will cost the government $42 billion during this fiscal year" according to Michael Linden, director for tax and budget policy at the Center for American Progress.


Great policy, isn't it. Even the $38Bn is largely smoke and mirrors, yet still the Republicans want the very rich to have even more.



And they had to fight the Dems tooth and nail to get that much - congrats on being part of the new "Party of No".
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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So show me the tax laws they broke, perfesser - or were you talking to your mirror?



I have seen you use this 'perfesser' language several times. It's a cheap shot and it makes you look small every time you use it.
Coreece: "You sound like some skinheads I know, but your prejudice is with Christians, not niggers..."

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So show me the tax laws they broke, perfesser - or were you talking to your mirror?



I have seen you use this 'perfesser' language several times. It's a cheap shot and it makes you look small every time you use it.



And I should care about YOUR opinion *why*, again? You certainly don't seem to care when he trots out *his* cheap shots.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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So show me the tax laws they broke, perfesser - or were you talking to your mirror?



I have seen you use this 'perfesser' language several times. It's a cheap shot and it makes you look small every time you use it.


that's because he is very small ;)

(and very ignorant as he can't spell his own language)
stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

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And it's perfectly legal - coming to a point sometime soon?



This part of the conversation started with somebody complaining that the US has the second highest corporate tax rates in the world, second only to Japan according to that poster.

These examples were laid out to show the effective tax rate for the largest corporations is nothing like that.

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So show me the tax laws they broke, perfesser - or were you talking to your mirror?



I have seen you use this 'perfesser' language several times. It's a cheap shot and it makes you look small every time you use it.



And I should care about YOUR opinion *why*, again? You certainly don't seem to care when he trots out *his* cheap shots.



My opinion is likely shared by other people and I wanted you to know how you are perceived. Accusing me of a double standard does nothing to mitigate other people's perception of you.
Coreece: "You sound like some skinheads I know, but your prejudice is with Christians, not niggers..."

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Accusing me of a double standard does nothing to mitigate other people's perception of you.



Then by all means, show your posts where you get on kallend about *his* cheap shots at me.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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Accusing me of a double standard does nothing to mitigate other people's perception of you.



Then by all means, show your posts where you get on kallend about *his* cheap shots at me.



Show my posts where I call you a silly name.
...

The only sure way to survive a canopy collision is not to have one.

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Accusing me of a double standard does nothing to mitigate other people's perception of you.



Then by all means, show your posts where you get on kallend about *his* cheap shots at me.


Show my posts where I call you a silly name.


Now John... you know that is my job, please do not usurp my fun at pissing off Mikeeeeeeee and his fellow travellers with silly names;)

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Accusing me of a double standard does nothing to mitigate other people's perception of you.



Then by all means, show your posts where you get on kallend about *his* cheap shots at me.


Show my posts where I call you a silly name.


Now John... you know that is my job, please do not usurp my fun at pissing off Mikeeeeeeee and his fellow travellers with silly names;)


Actually, it's usually sad laughter at the inanity - but you go ahead and believe whatever gets you through the day, Jeanne.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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Accusing me of a double standard does nothing to mitigate other people's perception of you.



Then by all means, show your posts where you get on kallend about *his* cheap shots at me.


Show my posts where I call you a silly name.


Now John... you know that is my job, please do not usurp my fun at pissing off Mikeeeeeeee and his fellow travellers with silly names;)


Actually, it's usually sad laughter at the inanity - but you go ahead and believe whatever gets you through the day, Jeanne.


Hey I need the diversions from my very well paid job here in the good ole USofA.
But I do enjoy all of you and your fellow travellers who BELIEVE your



BIG TRICKLE FROM ABOVE.... will happen any day now..

Now run along.... and keep up the mantra


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