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Debate Info

15
20
Uhhh, NO they don't The rich DO need more money
Debate Score:35
Arguments:29
Total Votes:39
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Argument Ratio

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 Uhhh, NO they don't (12)
 
 The rich DO need more money (12)

Debate Creator

excon(4292) pic



Stocks are soaring. Corporations are making big MONEY.. Do they need a tax cut?

Hello:

Right wingers are LYING to you..  Shocked, I know..  They'll SAY they pay a 35% corporate tax, but AFTER DEDUCTIONS, the EFFECTIVE corporate tax rate is around 15%..  That's LOWER than Germany.

The wealthy doesn't need any more money...  Don't give it to them.

excon

Uhhh, NO they don't

Side Score: 15
VS.

The rich DO need more money

Side Score: 20
3 points

YAWN get out the Progressive Feed Trough SUPER STUPID you show up to the table with zero facts ! Only the facts fed to you by the Media !

Side: Uhhh, NO they don't

I know Con. You'd prefer the government had all the money to replace the "1%" with a new ".000001"%. I'll bet we can trust our new despotism to provide us a $100,000 a year salary and food.

So tell us Con, if we tax these companies into oblivion what happens? Oh yeah. They start laying off and cutting jobs. Right over in Westville, OK people are working at Baldor making $20 an hour + to assemble fan and pump motors. What exactly do you think they could possibly do to make $20 an hour if these companies couldn't afford those wages or if these "rich companies" vanished?

I know people in po dunk Oklahoma pulling $60,000-$70,000 a year working overtime in a factory. Do you think they give a flying crap about taxing their factory's owners into oblivion? For what? All they want is a good paying job and a life. They have that.

Side: Uhhh, NO they don't
Cartman(18205) Clarified
1 point

Your argument shows that we can't tax companies into oblivion. Are you saying that companies like Baldor are being taxed into oblivion?

Side: Uhhh, NO they don't
excon(4292) Disputed
1 point

So tell us Con, if we tax these companies into oblivion what happens? Oh yeah. They start laying off and cutting jobs

Hello bront:

Dude.. We ARE taxing them at the 35% rate, they ARE making big money in SPITE of it, and that was the POINT of my post..

excon

Side: The rich DO need more money
1 point

I know it's hard to grasp con. When companies make a lot of money... they give bonuses...they hire people... they don't have layoffs...

So what social program do you plan on giving this money to from more taxes? The LAPD? More cops to demonize and try to target in the streets? I thought these kinds of social programs targeted minorities and are all based on white supremacy. No huh?

Side: Uhhh, NO they don't
1 point

We have the biggest economy in the world, and there is no close second. You're solution to such success economically? Destroy the system that built that economy and place a Commie flag in the ground, and pray we don't become Venezuela, or worse...

What libs never want you to point out is that employees get paid no matter what. They take little to no risk. All the risk is on the employer. Not all employers make money, and even the rich have times where their company loses money. Now you want to decide how much to take from them, even though they take all the risks. Libs don't want to take risks. They want someone else to take the financial risks, and then they want to just take it and put it in the hands of the most corrupt people on planet Earth, and just hope for the best.

Side: Uhhh, NO they don't
1 point

In the 50's taxes on corps were in the 90% range. They STIIL made money, became millionaires, but middle class union workers made a good living also, with wage levels rising nearly every year.

Since Reagan, taxes on corps have dropped, profits in corps have skyrocketed, CEO and executive wages have risen nearly 400%, the middle class has flatlined. So much for conservative policies helping the middle class. I'm retired, I pay over 20%, corps pay about 15-17%, put a YUGE amount of their profit executive "benefits", and give little or nothing to the workers! Say what you will, we NEED UNIONS BACK! Feeling sorry for big business?? Turn off FAUX News! THERE is the real FAKE NEWS! Corps actually PAY LESS than many foreign countries!

I would be REALLY hurting if Obama hadn't brought the Stock Market up to 19000 from 6000! Dubya and Cheney really screwed me! Trump wants to twist it!

Side: Uhhh, NO they don't
outlaw60(8861) Clarified
4 points

Now Crazy AL there is perfect reasoning for you Progressives being Regressives ! AL how are you going to tax corporations at a 90 percent rate when you Regressives want a 15 dollar an hour minimum wage ? This is 2017 and not 1950 and believe it or not technology has advanced so your madness does not compute with the Regressive Madness you project. But we all know this when your Regressive Ignorance fails you idiots are the first to start laying blame and that you idiot is a given and undeniable !

Side: Uhhh, NO they don't
AlofRI(1839) Clarified
1 point

I'm not recommending taxing at a 90% rate! I'm saying 35%, even if it was realistically paid, would allow for YUGE profits! The $15 minimum wage just brings U.S. up to where we were in the 60's! Workers have been flat-lined while exec's have gained well over 300% (since Reagan "made America great again"). We would just like them to give some of that BACK to the PEOPLE! They don't have to give their jobs to other countries for profit, they give them away for YUGE profit (i.e., GREED ... Fuck the American people!) Ignorance fails you idiots who aren't laying blame at the feet of capitalists, and THAT, you idiot is a given and undeniable!

Side: Uhhh, NO they don't
1 point

If you think Trump and Bush are wings of the same bird, you're insane. Last I checked, Bush was busy being buddy buddy with Bill Clinton, who is corrupt beyond comprehension. Trump? Doesn't take a salary, and actually went to the Hurricane zone, unlike his predecessors...

Side: The rich DO need more money
AlofRI(1839) Clarified
1 point

"Trump doesn't take a salary"... He doesn't NEED to, he's making more money than any other President EVER did by USING the Presidency as a side business!

Trump and Bush fly with the same body ... the American Government, they just flap their wings in different ways! Trump seems to be losing HIS body rapidly. Yeah, Trump will never miss a good photo-op. More than half of the agencies that would be helping Houston have never been filled, or have no leadership, (unlike his predecessors), we will see how much his photo-ops help ... wont we. Houston does not need back-slaps, they need HELP! Lip service is just a big BJ, that's the only way you can compare Bill Clinton to Trump (who IS corrupt beyond comprehension)! Soon, I think, we'll see just how many earlier Presidents or respected lawmakers are "buddy-buddy" with Trump! If the country survives him, he will likely be as a Leper! YOU can have him, he is a disease.

Side: Uhhh, NO they don't

The wealthy doesn't need any more money... Don't give it to them.

So tell us Con. You take all this money from these companies, are you richer tomorrow? Hell no. But your Congress, which could screw up a wet dream, will be glad to waste more money and keep as much for themselves as they can get away with. You're proposal is taking from the rich and giving it to the despotism. No thanks. Congress doesn't need any more power, money, or authority. They need their nuts in a vice. If you give them a trillion dollars, they'll waste a trillion dollars. You give them 10 trillion, they'll waste 10 trillion. That's why social security never gets fixed, the DMV is a dumpster fire that is understaffed with lines a mile long, the debt is nearly 20 trillion, and even mass lottery money never seems to fix the problem.

Side: Uhhh, NO they don't
Cartman(18205) Disputed
2 points

Your argument shows that we can't tax companies out of all of their money. Why cut taxes though?

Side: The rich DO need more money
1 point

Because when companies have excess, only then do they give bonuses, give raises, hire new people, and not have layoffs. If they have any financial doubt, they do none of the above. It also makes companies want to stay or come to America rather than Mexico or China, etc.

Side: Uhhh, NO they don't
3 points

Why are you comparing it to Germany? Germany has a very high company tax.

Side: The rich DO need more money
3 points

SUPER STUPID just imagine the profits that will be made for Big Pharma under a Government run health care system LMMFAO ! SUPER STUPID you are "Dumb as Dirt"

Side: The rich DO need more money
2 points

Corporations have relocated their businesses to nations such as The Republic of Ireland and Luxembourg where the rate of corporation tax is less than half that of the U.S

In the case of the R.o.I., it's 12.5%

Others have established their operations in low cost labor Asian countries, particularly China.

As corporate directors and their executive staff are legally contracted to provide their company's shareholders with the the maximum returns for their investments the U.S, will lose out on both employment and the tax revenue from these 'tax exiled' corporations.

The only way to entice the large, labor intensive and high tax paying firms to return here, have domestic companies set up their concerns in their homeland and attract inward international investment is to reduce the 'tax on profits'.

The average unimaginative accountant and socialist money grabbing governments adopt the self defeating policy of tax hikes.

This policy does improve our exports, the export of jobs that is, and the improvement of tax receipts, for Ireland, Luxembourg as and other shrewd countries.

Side: The rich DO need more money