That’s not terribly surprising considering inflation was higher than productivity gains in the 80’s.
Also, I’ve dispelled the Kansas myth a bunch of times. Tax revenue increased after the cut of tax rates. It’s a spending problem not a revenue problem. The government only describes budget problems as revenue problems.
It’s similar to local governments that complain 5% tax revenue growth isn’t enough, and that prop 13 is killing the local budget. 5% revenue growth is more than 2x inflation.
Come on Terri! Are you getting that disease “Marcunism?” I know you know how to read English.
You are not an investor, are you? 
I thought you were smart, I really did…
You think that rich-corporation people grab their tax declarations and just pay their fair share?
Do you think that what they pay hasn’t been marked down by tax loopholes or incentives? Man! In what world are you living in?
Here, please learn from me, I am a dumb person when it comes to the economy, but I know how to use Google. 
Disclaimer: Data from 2005-2009
Pre-tax income: $3,512 million
Taxes paid: $152 million
Rep. Lee Zeldin of New York…(REPUBLICAN!)
said Wednesday that he isn’t satisfied with the GOP tax plan in its current form, blasting one of its key provisions as a “geographical redistribution of wealth.”
I’m sorry. It looked like you were responding to my question asking what was deductible.
Not at all, I actually would love to see you buying your home and copying these guys ideas. I really do.
Ain’t for me. 
**Cut Cut Cut Plan.
Great. Now someone thinks people and corporations are the same thing.
You think I don’t know your style? When defeated, or caught mumbling jumbling nonsense, avoiding to describe concepts, or when something is wrong with the economy you blame Obama, or “the government” but if it is a republican as of now, never accuse your whiny president of anything. I got you on the drawing table dude!
I am tired of winning and teaching you some concepts, or, as I said above, how to use Google. 
FROM THE DEEP END = INTERNET 
Are corporations people? The U.S. Supreme Court says they are (GUESS WHO PUSHED THAT IDEA? REPUBLICANS!), at least for some purposes. And in the past four years, the high court has dramatically expanded corporate rights.
It ruled that corporations have the right to spend money in candidate elections, and that some for-profit corporations may, on religious grounds, refuse to comply with a federal mandate to cover birth control in their employee health plans.
These are personal rights accorded to corporations. To many, the concept of corporations as people seems odd, to say the least. But it is not new.
I honestly don’t have the patience to correct every incorrect thing you post. I’ll go back to laughing at it.
So what? Income isn’t the same as profit. It’s a growing business, and Amazon spends it on development. I’m going to do the same thing in my business. What I make today will go into materials for tomorrow to grow.
But to be clear, Amazon is growing jobs. A lot of that goes into software engineers and local warehouses/delivery. That money that “isn’t taxed” hired my husband in 2009 during the recession. So complain all you like, but we had food on the table thanks to Amazon’s “spend it forward” policy.
This report is about the hypocrisy or the lies of those like Marcus who say corporations just pay their taxes without using all the loopholes available in the tax code. The poor guy didn’t comeback after being beaten to pulp for not knowing how to Google 
I am showing with examples that is not true. GM, and many more do that, nothing wrong with it, they are exploiting loopholes in the tax code. Expenses in development being one of the incentives the tax laws give to the corporations.
We help people or businesses to do that in our office, easy peachy!
We all know about the relationship between inflation and productivity gains & Wage growth.
The argument is/was/has been “Tax cuts led to wage growth”. Post - Tax Reform? - #20 by Roy321 shows that Wage growth did not happen after the 1986 Reagan Tax cuts. Hence, It’s clearly not a 2 variable, i.e. dependent(Wage growth) and independent variable(Tax cuts) equation.
Hence, Tax cuts DO NOT NECESSARILY lead to wage growth.
Maybe on the weekend if I have time I will research more & write more on this.
You can’t support a party that says that by giving a tax cut to corporations the money is trickled down to their employees, when we all know the same party is against increasing the minimum wage.
Which is which here?
Quick Post - (cuz busy busy)
Comparison of TAX REVENUES 2 neighboring states one which did Tax reforms and one which didn’t. Do we see big difference how the tax receipts look? (There might be other differences between the economies of the 2 states which has been ignored for now.
KANSAS - DID DO TAX REFORMS @16% growth from 2012- 2016
II think that’s a fair conclusion given the data. My main disagreement is when people say lower tax rates lead to less tax revenue. That’s been proven false all 4 times the federal government cut rates. Even in the Kansas case, tax revenue increased after rates were cut. We need to stop addressing all government budget problems as revenue problems. If spending is growing faster than GDP growth or inflation, then it’s a spending problem.
Also, we know that cutting tax rates increases GDP growth. GDP growth above 4% is the one thing that actually reduces the poverty rate. So maybe wages don’t increase, because you have more people who were out of the work force entering the work force at the bottom of the pay scale. I would consider that a huge positive even if it means the median wage actually goes lower in the short-term.
@buyinghouse You incorrectly restate my point. If I post data, you say it’s data mumbo jumbo that means nothing. So there’s really no point other than to laugh at you for having no idea what you’re talking about.
Oh the irony that the top 1% pay 35% of the income taxes despite the allegations that the tax code was written for them. The top 20% are paying 87% of the income taxes.
There’s 42% that don’t pay any income tax and they are middle and lower income. <----------
#16 Red Hat, Inc. (RHT)
www.redhat.com
Pre-tax income: $463 million
Taxes paid: $21 million
Tax rate: 4.62%
#15 Boeing Co. (BA)
Pre-tax income: $17,587 million
Taxes paid: $796 million
Tax rate: 4.46%
#14 Amazon.com (AMZN)
Pre-tax income: $3,512 million
Taxes paid: $152 million
Tax rate: 4.33%
I’m talking personal income which is how the government gets the bulk of it’s revenue. Corporate taxes are actually a small percent of total taxes collected and always have been (except for a boost to fund WW2). I don’t expect you to know the differences, so there’s no point explaining the personal income tax breakdown.
You had only one option, to say “yes buyinghouse, I know corporations use tax loopholes” and that would have settled down the discussion. But no! You always jump from one horse to the other.
You are like that horse with the blinders on. Not paying attention to what you reply or to what is being discussed. You seem to be a bot.
