Hello There, Guest! (LoginRegister)

Post Reply 
Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
Author Message
Machiavelli Offline
Back to Reality. Oh there goes Gravity

Posts: 25,357
Joined: Apr 2006
I Root For: BGSU
Location:
Post: #1
Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
http://www.politifact.com/truth-o-meter/...tion-worl/


By different metrics we are either mid pack or low on the scale.
08-30-2015 09:14 AM
Find all posts by this user Quote this message in a reply
Advertisement


firmbizzle Offline
Hall of Famer
*

Posts: 20,447
Joined: Jul 2008
Reputation: 442
I Root For: UF, UCF
Location:
Post: #2
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
If he said it then it's true.
08-30-2015 09:48 AM
Find all posts by this user Quote this message in a reply
Fort Bend Owl Online
Legend
*

Posts: 28,346
Joined: Jun 2005
Reputation: 448
I Root For: An easy win
Location:

The Parliament Awards
Post: #3
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
To his credit, he did call Anthony Weiner a perv the other day so that's probably the first thing he's gotten right this electoral campaign. I'm pretty sure he'll be calling President Obama a eunuch on one of the Sunday news shows later today.
08-30-2015 10:39 AM
Find all posts by this user Quote this message in a reply
UofMstateU Online
Legend
*

Posts: 39,084
Joined: Dec 2009
Reputation: 3551
I Root For: Memphis
Location:
Post: #4
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
Last time I checked, we have the highest corporate tax rate in the world.
08-30-2015 10:43 AM
Find all posts by this user Quote this message in a reply
Fo Shizzle Offline
Pragmatic Classical Liberal
*

Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina

Balance of Power Contest
Post: #5
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
This year I worked from Jan 1st to April 24 to pay my TOTAL tax bill. Id say that is pretty fcking high by any metric.
08-30-2015 10:51 AM
Find all posts by this user Quote this message in a reply
Fitbud Offline
Banned

Posts: 30,983
Joined: Dec 2011
I Root For: PAC 12
Location:
Post: #6
Re: RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 10:51 AM)Fo Shizzle Wrote:  This year I worked from Jan 1st to April 24 to pay my TOTAL tax bill. Id say that is pretty fcking high by any metric.

But it's lower than its been in years.
08-30-2015 10:52 AM
Find all posts by this user Quote this message in a reply
Advertisement


Fo Shizzle Offline
Pragmatic Classical Liberal
*

Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina

Balance of Power Contest
Post: #7
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 10:52 AM)Fitbud Wrote:  
(08-30-2015 10:51 AM)Fo Shizzle Wrote:  This year I worked from Jan 1st to April 24 to pay my TOTAL tax bill. Id say that is pretty fcking high by any metric.

But it's lower than its been in years.

Just a slightly better form of cancer.07-coffee3
08-30-2015 10:57 AM
Find all posts by this user Quote this message in a reply
UofMstateU Online
Legend
*

Posts: 39,084
Joined: Dec 2009
Reputation: 3551
I Root For: Memphis
Location:
Post: #8
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 10:52 AM)Fitbud Wrote:  
(08-30-2015 10:51 AM)Fo Shizzle Wrote:  This year I worked from Jan 1st to April 24 to pay my TOTAL tax bill. Id say that is pretty fcking high by any metric.

But it's lower than its been in years.

And the amount of taxes the treasury is taking is the highest ever. Therefore, you would agree that lowering the taxes has caused tax revenue to increase.

Glad you see the light now.
08-30-2015 11:01 AM
Find all posts by this user Quote this message in a reply
olliebaba Offline
Legend
*

Posts: 28,102
Joined: Jul 2007
Reputation: 2151
I Root For: Christ
Location: El Paso
Post: #9
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
Flat tax. No deductions of any sort especially PAC money.
08-30-2015 02:22 PM
Find all posts by this user Quote this message in a reply
Fitbud Offline
Banned

Posts: 30,983
Joined: Dec 2011
I Root For: PAC 12
Location:
Post: #10
Re: RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 10:57 AM)Fo Shizzle Wrote:  
(08-30-2015 10:52 AM)Fitbud Wrote:  
(08-30-2015 10:51 AM)Fo Shizzle Wrote:  This year I worked from Jan 1st to April 24 to pay my TOTAL tax bill. Id say that is pretty fcking high by any metric.

But it's lower than its been in years.

Just a slightly better form of cancer.07-coffee3

I guess if your a pessimist most Republicans are
08-30-2015 02:28 PM
Find all posts by this user Quote this message in a reply
shere khan Offline
Southerner
*

Posts: 60,515
Joined: Mar 2004
Reputation: 7461
I Root For: Tulane
Location: Teh transfer portal
Post: #11
Re: RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 10:39 AM)Fort Bend Owl Wrote:  To his credit, he did call Anthony Weiner a perv the other day so that's probably the first thing he's gotten right this electoral campaign. I'm pretty sure he'll be calling President Obama a eunuch on one of the Sunday news shows later today.

Do you know the name of Anthony Weiner ' s wife?

Guess who her boss is and where works?

Guess who is under investigation and why
(This post was last modified: 08-30-2015 03:47 PM by shere khan.)
08-30-2015 03:45 PM
Find all posts by this user Quote this message in a reply
Advertisement


dawgitall Offline
Heisman
*

Posts: 8,111
Joined: Apr 2006
Reputation: 195
I Root For: ECU/ASU/NCSU
Location:
Post: #12
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 10:43 AM)UofMstateU Wrote:  Last time I checked, we have the highest corporate tax rate in the world.

Deductions and exclusions drop the real corporate tax rate to a level below most other industrialized nations.
08-30-2015 04:37 PM
Find all posts by this user Quote this message in a reply
Smaug Offline
Happnin' Dude
*

Posts: 61,211
Joined: Mar 2005
Reputation: 842
I Root For: Dragons
Location: The Lonely Mountain

BlazerTalk AwardBlazerTalk AwardBlazerTalk AwardBlazerTalk Award
Post: #13
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
Do we have a revenue problem or a spending problem?
08-30-2015 04:38 PM
Find all posts by this user Quote this message in a reply
dawgitall Offline
Heisman
*

Posts: 8,111
Joined: Apr 2006
Reputation: 195
I Root For: ECU/ASU/NCSU
Location:
Post: #14
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 02:22 PM)olliebaba Wrote:  Flat tax. No deductions of any sort especially PAC money.

Trump says he is against it. Of course he could change his mind at the drop of a hat if it gets him applause.
(This post was last modified: 08-30-2015 04:41 PM by dawgitall.)
08-30-2015 04:41 PM
Find all posts by this user Quote this message in a reply
Fo Shizzle Offline
Pragmatic Classical Liberal
*

Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina

Balance of Power Contest
Post: #15
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 04:41 PM)dawgitall Wrote:  
(08-30-2015 02:22 PM)olliebaba Wrote:  Flat tax. No deductions of any sort especially PAC money.

Trump says he is against it. Of course he could change his mind at the drop of a hat if it gets him applause.

Flat tax is regressive in nature. A consumption tax specifically HR25.. is not. The more you make...the more you spend...the more you pay. Pretty simple.
08-30-2015 04:44 PM
Find all posts by this user Quote this message in a reply
QuestionSocratic Offline
Banned

Posts: 8,276
Joined: Jul 2013
I Root For: Buffalo
Location:
Post: #16
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 04:37 PM)dawgitall Wrote:  
(08-30-2015 10:43 AM)UofMstateU Wrote:  Last time I checked, we have the highest corporate tax rate in the world.

Deductions and exclusions drop the real corporate tax rate to a level below most other industrialized nations.

That's false.

Quote:The most recent estimate comes from the World Bank and International Finance Commission, which put the United States’ effective rate for 2014 at 27.9 percent. That’s second-highest behind New Zealand among OECD countries and 15th-highest among the 189 countries measured.

In 2011, the Tax Foundation published a survey of 13 prior estimates of the United States’ effective tax rate from 2005 to 2011. All 13 studies pegged the U.S.’s rate as above average, but none had the U.S. rate first overall.

Another 2011 study by the Congressional Research Service put the U.S. effective rate at 27.1 percent, slightly lower than the OECD average of 27.7 percent.

That hardly qualifies as
Quote: most other industrialized nations

Link
(This post was last modified: 08-30-2015 04:54 PM by QuestionSocratic.)
08-30-2015 04:48 PM
Find all posts by this user Quote this message in a reply
Advertisement


dawgitall Offline
Heisman
*

Posts: 8,111
Joined: Apr 2006
Reputation: 195
I Root For: ECU/ASU/NCSU
Location:
Post: #17
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 04:48 PM)QuestionSocratic Wrote:  
(08-30-2015 04:37 PM)dawgitall Wrote:  
(08-30-2015 10:43 AM)UofMstateU Wrote:  Last time I checked, we have the highest corporate tax rate in the world.

Deductions and exclusions drop the real corporate tax rate to a level below most other industrialized nations.

In some specific cases, that may be true, but it's not true in the aggregate.
Or is it the opposite? Maybe in some specific cases a corp pays higher but in the aggregate it is lower.
08-30-2015 04:54 PM
Find all posts by this user Quote this message in a reply
dawgitall Offline
Heisman
*

Posts: 8,111
Joined: Apr 2006
Reputation: 195
I Root For: ECU/ASU/NCSU
Location:
Post: #18
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 04:48 PM)QuestionSocratic Wrote:  
(08-30-2015 04:37 PM)dawgitall Wrote:  
(08-30-2015 10:43 AM)UofMstateU Wrote:  Last time I checked, we have the highest corporate tax rate in the world.

Deductions and exclusions drop the real corporate tax rate to a level below most other industrialized nations.

In some specific cases, that may be true, but it's not true in the aggregate.
Or is it the opposite? Maybe in some specific cases a corp pays higher but in the aggregate it is lower.
08-30-2015 04:55 PM
Find all posts by this user Quote this message in a reply
dawgitall Offline
Heisman
*

Posts: 8,111
Joined: Apr 2006
Reputation: 195
I Root For: ECU/ASU/NCSU
Location:
Post: #19
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
(08-30-2015 04:44 PM)Fo Shizzle Wrote:  
(08-30-2015 04:41 PM)dawgitall Wrote:  
(08-30-2015 02:22 PM)olliebaba Wrote:  Flat tax. No deductions of any sort especially PAC money.

Trump says he is against it. Of course he could change his mind at the drop of a hat if it gets him applause.

Flat tax is regressive in nature. A consumption tax specifically HR25.. is not. The more you make...the more you spend...the more you pay. Pretty simple.
Don't think he supports that one either, but who knows?
08-30-2015 04:56 PM
Find all posts by this user Quote this message in a reply
QuestionSocratic Offline
Banned

Posts: 8,276
Joined: Jul 2013
I Root For: Buffalo
Location:
Post: #20
RE: Donald Trump says U.S. is 'most highly taxed nation in the World' Are We?
Please refer to my updated post above, as I've added references to support my position.
08-30-2015 04:57 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.