QAnon: It's on, don't panic ii | |
The Natural One
User ID: 78140957 United States 04/07/2021 04:41 PM Report Abusive Post Report Copyright Violation | JUST IN - Military attache has "occupied" embassy, Myanmar UK ambassador says (AP) https://twitter.com/_/status/1379896309805678603 TRUST THE PLAN - Q |
The Natural One
User ID: 78140957 United States 04/07/2021 04:43 PM Report Abusive Post Report Copyright Violation | [link to www.rasmussenreports.com (secure)] Voters Don’t Trust Political News, Say Most Reporters Want to Help Biden Wednesday, April 07, 2021 Distrust of political news reporting remains high, and more than half of voters believe the media are in the tank for President Biden. The latest Rasmussen Reports national telephone and online survey finds that just 33% of Likely U.S. Voters trust the political news they are getting. Most (53%) do not. Fourteen percent (14%) are not sure. TRUST THE PLAN - Q |
hexi
User ID: 78860366 United States 04/07/2021 04:47 PM Report Abusive Post Report Copyright Violation | [link to www.dailymail.co.uk (secure)] Quoting: The Natural One 'I'm sick and tired or ordinary people getting fleeced': Biden gives a full-throated defense of his $2.5trillion tax hike on business and insists he isn't trying to 'punish' anyone *President Joe Biden launched a full-throated defense of his corporate tax hike to fund his $2.3 trillion dollar infrastructure plan *'I’m not trying to punish anybody, but dammit, maybe it's because I come from middle class neighborhood, I'm sick and tired of ordinary people being fleeced,' he said *Biden would pay for his plan by hiking corporate tax rate to 28 per cent *Business groups and Republicans criticized that rate *Biden said he is willing to compromise on tax rate 'I'm willing to negotiate that. I've come forward the best, most rational way in my view, the fairest way to pay for it. But there are many other ways as well,' he said By EMILY GOODIN, SENIOR U.S. POLITICAL REPORTER FOR DAILYMAIL.COM PUBLISHED: 15:05 EDT, 7 April 2021 | UPDATED: 15:56 EDT, 7 April 2021 President Biden Delivers Remarks on the Historic Investments in the American Jobs Plan 940 views•Apr 7, 2021 Biden's push to pay for the package includes: Hike the corporate tax rate Biden would raise the corporate tax rate in the US to 28 percent from 21 percent. This move would partially undo the Trump administration's cut of the corporate tax rate from 35 percent in its 2017 tax bill. The White House argues this would bring the United States in line with other first world nations when it comes to a tax on businesses. Double the de facto global minimum tax Biden's plan would double the de facto global minimum tax to 21 percent. It would also toughen its requirements so companies would have to pay the tax on a wider span of income across countries. Raise global corporate income tax Additionally, American officials are working with the G20 nations to enact a minimum global corporate income tax as part of the administration's effort to offset any disadvantages from their plan to increase the U.S. corporate tax rate. Treasury Secretary Janet Yellen on Monday urged the move, saying it would 'stop the race to the bottom.' 'Competitiveness is about more than how U.S.-headquartered companies fare against other companies in global merger and acquisition bids,' Yellen noted. 'It is about making sure that governments have stable tax systems that raise sufficient revenue to invest in essential public goods.' The U.S. is involved in talks with about 140 nations to develop a global agreement on minimum levies, led by the Organization for Economic Cooperation and Development, but participants haven't yet reached a deal. Enact a book value income tax The plan would enact a 15 percent minimum tax on book income of large companies that report high profits, but have little taxable income. Book income is what businesses report to investors and which is often used to judge shareholder and executive payouts. The tax - aimed at companies that report large profits to investors but low tax payments would apply only to companies with income exceeding $2 billion. That is up from the $100 million threshold that Biden advocated for in the campaign. The result is that just 180 companies would even meet the income threshold and just 45 would pay the tax, The Wall Street Journal noted. Finally, the plan would replace flawed incentives that reward excess profits from intangible assets with more generous incentives for new research and development; replace fossil fuel subsidies with incentives for clean energy production and ramp up enforcement to address corporate tax avoidance. Biden would also boost the Internal Revenue Service's budget so that it can step up enforcement and tax collection efforts. Global. US goes sticking its nose in global taxes. |
The Natural One
User ID: 78140957 United States 04/07/2021 05:08 PM Report Abusive Post Report Copyright Violation | [link to justthenews.com (secure)] Ex-officials, including Trump impeachment witness Vindman, sign letter to create Jan. 6 commission The letter has 140 signers including six former senators, and two members of the 9/11 Commission. TRUST THE PLAN - Q |
canalien*
User ID: 79389458 Canada 04/07/2021 05:12 PM Report Abusive Post Report Copyright Violation | |
The Natural One
User ID: 78140957 United States 04/07/2021 05:19 PM Report Abusive Post Report Copyright Violation | Biden Sends US Warships to Disputed South China Sea as Tensions Rise with Communist China By Jim Hoft Published April 7, 2021 at 4:04pm 20 Comments TRUST THE PLAN - Q |
breezy
User ID: 32554942 United States 04/07/2021 05:21 PM Report Abusive Post Report Copyright Violation | Update Quoting: cancer sucks Monday- It was no worse than a bad flu. Tuesday-Took Ivermectin, 101.7 temp, still felt like flu. This morning I am feeling much better and cleaned house for 3 hours! Baby is better SIL fever went to 105 on day 9 yesterday. He is young, super fit, and healthy. Pregnant daughter running fever but ok. Younger kids fine with mild symptoms. Hubby just started running 101 temp this am. Thanks for all the advice!!! Thank YOU for letting us know how it's going for all of you! You've been on my mind. |
Deplorableduckhunter
User ID: 80221707 United States 04/07/2021 05:47 PM Report Abusive Post Report Copyright Violation | ^^Biden isn't sending anyone any where^^:) Last Edited by Deplorableduckhunter on 04/07/2021 05:47 PM |
Deplorableduckhunter
User ID: 80221707 United States 04/07/2021 05:49 PM Report Abusive Post Report Copyright Violation | Update Quoting: cancer sucks Monday- It was no worse than a bad flu. Tuesday-Took Ivermectin, 101.7 temp, still felt like flu. This morning I am feeling much better and cleaned house for 3 hours! Baby is better SIL fever went to 105 on day 9 yesterday. He is young, super fit, and healthy. Pregnant daughter running fever but ok. Younger kids fine with mild symptoms. Hubby just started running 101 temp this am. Thanks for all the advice!!! Thank YOU for letting us know how it's going for all of you! You've been on my mind. Dang... All the Best in your battle. |
The Natural One
User ID: 78140957 United States 04/07/2021 05:51 PM Report Abusive Post Report Copyright Violation | |
Wilson166
User ID: 69532178 France 04/07/2021 05:56 PM Report Abusive Post Report Copyright Violation | 'I'm sick and tired or ordinary people getting fleeced': Biden gives a full-throated defense of his $2.5trillion tax hike on business and insists he isn't trying to 'punish' anyoneto pay for it. But there are many other ways as well,' he said Quoting: The Natural One Liberals, particularly very corrupt, greedy ones like Biden, spend more time bitching about upper-income people and big corporations not paying more in taxes instead of griping about all the government fees and taxes - local, state and federal - forced upon working-class people and small, mom-pop businesses. Spare us the tears, leftists. Wilson166 |
hankie
Everything User ID: 80195834 United States 04/07/2021 06:21 PM Report Abusive Post Report Copyright Violation | No on replies or answers my question yesterday regarding leviticus 25(5:5) 44:49. Its biblical, it is the verses in Torah that allows slavery, Male abs female, who they may be purchased from and that they are inheritable property, FOREVER. Quoting: FrankveryFrank it speaks about which group of slaves are redeemable...and this us my question, putting personal and religious beliefs aside, and going on the premise that the Torah is a true legal document, a valid contract, binding and called a covenant between God and the people...if only certain group of slaves aew able to be redeemed and freed from slavery, is the document also saying that whatever group isn't in the redeemable group are...irredeemable? Property, slaves, forever...thus sounds like irredeemable and a set up for a group of people selling people for meat or organs or sex traffic and its allowable, because we are all just irredeemable slaves? Please help on this one, I travelled thousands of miles last year, gave away everything I owned and went to convert to a certain group, and it's a crisis in my heart right now because I have never known a time where I did not know this book to be holy, but I am so sad at reading this. Is this all the evil that Babylon has done? Is this the harlotry? Did someone change the words, someone babylonians secret religion, and changed the words, to make acts their lover idol desires seem holy or allowed? I am alone, scared, living in the basement of a person's house I met online, and seemed happy with my desire to convert. This above ties into . ..in the Torah isaac, called Yitzhak-laughter, yet Yissac,means "it bites"...why do they add a t to his bon t containing name? Laughter is good, normally. There is a kind of laughter that stings, gets under the skin, scornful laughter " it bites". Isaac married rebecca's, who chose to go with a stranger to marry an older man. Torah has her watering camels with sheep, old enough to do these things. Some group think she was young, 12 or 13 young. Imagine these conversations. Some smaller group think she was 3.a baby!!! These groups arguing age of a bride for thousands of years? 3,13... if the arguments were televised would either age come across as allowable under Torah? How would the public react to this? And another...Jacob deceived his father, stole from his brother, fled home, didn't return to bury his mother...and to buy the birthright, sod. Sod is weird biblical word, most people think sod means boil, he boiled the beans..but the name of human nan, and human blood is inside the word for lentil. What TF was he boiling, that the hunter fainting from dawn would give his birthright for? Sod also means demons. He put a spell on the very thing that a vampire needs to survive. Adam/eve serpent. Serpent nachash, also means the hissing whisper of an enchanter. The serpent beguiled eve, enchanted is another term. Eve calls cain, son begotten by god! Cain is not listed as Adam's line. Dam means blood, madam, would mean people of blood. Blood because it runs through our veins, or people of blood because they ate blood. Cainibaal. So biblically this war starts here, first murder? Sarah, a 90 year old woman is told she is to have a baby, and in genesis 20 when she laughs, she becomes young again, I mean she was kidnapped at 65 and again at 90....she must have looked younger than her age, this group discusses that too. According to this interpretation, immediately upon the declaration by the visiting angels that Sarah would have a child, her skin became smooth and she miraculously returned to her youthful figure. This is why she laughed and this is what she expressed by saying, “how can it be that a wrinkly old woman now has smooth and delicate skin?” The great medieval commentator, Ramban, adopted this approach as well (Gen. 20:2). Its biblical. I have never known sod to mean anything except soil, sod of dirt, or property. Sod is also short for sodomy. Sod off is a vulgar expression for that reason, commonly used, mainly in UK. We only used it as a word, sod, soil, property as in farming, the old sod homestead, clumps of dirt. Etc. Not short for anything else here. Sorry I got a headache These are the times that tries men's and women's souls! May we come though it victorious! |
breezy
User ID: 32554942 United States 04/07/2021 06:42 PM Report Abusive Post Report Copyright Violation | 'I'm sick and tired or ordinary people getting fleeced': Biden gives a full-throated defense of his $2.5trillion tax hike on business and insists he isn't trying to 'punish' anyoneto pay for it. But there are many other ways as well,' he said Quoting: The Natural One Liberals, particularly very corrupt, greedy ones like Biden, spend more time bitching about upper-income people and big corporations not paying more in taxes instead of griping about all the government fees and taxes - local, state and federal - forced upon working-class people and small, mom-pop businesses. Spare us the tears, leftists. Who among us is deluded enough to believe that any of those corporations he raises 2.5 Trillion additional taxes on, is actually going to pay one penny of it? They're not in business to lose money, they will simply pass those raises right down to their consumers, or move operations out of country, cut jobs, etc., and once more, all those ordinary people will get fleeced once again! Surely Biden isn't stupid enough to think we're buying what he's selling? What a joke! |
Wilson166
User ID: 78272261 Germany 04/07/2021 07:01 PM Report Abusive Post Report Copyright Violation | Who among us is deluded enough to believe that any of those corporations he raises 2.5 Trillion additional taxes on, is actually going to pay one penny of it? They're not in business to lose money, they will simply pass those raises right down to their consumers, or move operations out of country, cut jobs, etc., and once more, all those ordinary people will get fleeced once again! Surely Biden isn't stupid enough to think we're buying what he's selling? What a joke! Quoting: breezy If liberals made a tax increase on the upper-income, including big companies, dependent on a corollary tax decrease on moderate and modest-income people, at least the left wouldn't be blowing smoke out of their asses. Generally, the only ones bitching about taxes being too high on everyone, such as folks filling their car's tank at the fuel pump, are almost always of the right, not left. Wilson166 |
Teioh
User ID: 67633730 United States 04/07/2021 07:04 PM Report Abusive Post Report Copyright Violation | |
The Natural One
User ID: 78140957 United States 04/07/2021 07:04 PM Report Abusive Post Report Copyright Violation | MEDIA Midwin Charles, CNN and MSNBC legal analyst, dead at 47 By Jackie SaloApril 7, 2021 | 10:00am | Updated https://twitter.com/_/status/1366407547243155460 TRUST THE PLAN - Q |
Anonymous Coward User ID: 79961010 United States 04/07/2021 07:09 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79961010 United States 04/07/2021 07:12 PM Report Abusive Post Report Copyright Violation | [link to nypost.com (secure)] Quoting: The Natural One MEDIA Midwin Charles, CNN and MSNBC legal analyst, dead at 47 By Jackie SaloApril 7, 2021 | 10:00am | Updated https://twitter.com/_/status/1366407547243155460 Q: Why do they bury lawyers twelve feet deep? A: Because deep down, they are really good guys. |
JellyTelly1
User ID: 79658944 Czechia 04/07/2021 07:13 PM Report Abusive Post Report Copyright Violation | |
Deplorable NO MORE Michele B
User ID: 71089594 United States 04/07/2021 08:21 PM Report Abusive Post Report Copyright Violation | |
The Natural One
User ID: 73776183 United States 04/07/2021 11:13 PM Report Abusive Post Report Copyright Violation | Here comes the Gun Control features of the Bidet Admin: [link to www.thegatewaypundit.com (secure)] JUST IN: Joe Biden to Announce Six Executive Actions on Gun Control, Including “Red Flag” Laws For States to Model By Cristina Laila Published April 7, 2021 at 8:10pm 483 Comments Biden’s six executive actions include: 1-The Justice Department, within 30 days, will issue a proposed rule to help stop the proliferation of “ghost guns.” 2-The Justice Department, within 60 days, will issue a proposed rule to make clear when a device marketed as a stabilizing brace effectively turns a pistol into a short-barreled rifle subject to the requirements of the National Firearms Act. 3-The Justice Department, within 60 days, will publish model “red flag” legislation for states: Red flag laws allow family members or law enforcement to petition for a court order temporarily barring people in crisis from accessing firearms if they present a danger to themselves or others. 4-The Administration is investing in evidence-based community violence interventions. 5-The Justice Department will issue an annual report on firearms trafficking. 6-The President will nominate David Chipman to serve as Director of the Bureau of Alcohol, Tobacco, and Firearms. Last Edited by The Natural One on 04/07/2021 11:14 PM TRUST THE PLAN - Q |
Teioh
User ID: 79318213 United States 04/08/2021 01:14 AM Report Abusive Post Report Copyright Violation | https://twitter.com/_/status/1379992523104526337Timestamp: 11:00 PM -> 23:00 2300 _R RED OCTOBER _D Justice K confirmation DECLAS Goodbye, Mr. Rosenstein [payment in full] [link to www.cbsnews.com (secure)] "Flake's decision came after he spoke to senators of both parties and withstood pressure from some Republicans not to take such a step. As he considered his course of action, Flake also had a conversation with Deputy Attorney General [Rod Rosenstein], who is in charge of special counsel Robert Mueller's investigation." Define 'Treason'. The crime of betraying one's country, especially by attempting to kill the sovereign or overthrow the government. Define 'Subversion'. The act of subverting : the state of being subverted; especially : a systematic attempt to overthrow or undermine a government or political system by persons working secretly from within? Think line of questions re: Sen. Graham > Justice K re: 'Enemy Combatants'. 1-800-273-8255 Operators standing by. Q |
Resister
User ID: 80133585 United States 04/08/2021 01:31 AM Report Abusive Post Report Copyright Violation | ^this^ "God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787 |
Anonymous Coward
User ID: 78327707 United States 04/08/2021 02:07 AM Report Abusive Post Report Copyright Violation | All these doubles, all this whackadoodoo doodle stuff, the Suez canal, the Covid death shot...I am a really informed person and I feel like I have no freaking clue what is happening. Quoting: Fluffy Pancakes I guess this is where we simply have to have faith in Our Creator and do the next right thing in our personal realm. Crazy dang times we live in. "When everything the American people believe is a lie, our disinformation program will be complete." Or something close to that. exactly, lately trying to put things together is like using common core math. |
Teioh
User ID: 79318213 United States 04/08/2021 02:33 AM Report Abusive Post Report Copyright Violation | https://twitter.com/_/status/1379992523104526337Timestamp: 11:00 PM -> 23:00 2300 _R RED OCTOBER _D Justice K confirmation DECLAS Goodbye, Mr. Rosenstein [payment in full] [link to www.cbsnews.com (secure)] "Flake's decision came after he spoke to senators of both parties and withstood pressure from some Republicans not to take such a step. As he considered his course of action, Flake also had a conversation with Deputy Attorney General [Rod Rosenstein], who is in charge of special counsel Robert Mueller's investigation." Define 'Treason'. The crime of betraying one's country, especially by attempting to kill the sovereign or overthrow the government. Define 'Subversion'. The act of subverting : the state of being subverted; especially : a systematic attempt to overthrow or undermine a government or political system by persons working secretly from within? Think line of questions re: Sen. Graham > Justice K re: 'Enemy Combatants'. 1-800-273-8255 Operators standing by. Q https://imgur.com/dqN2M2W 3-year delta Also had this thought with Scavino’s post: It was posted at 11:00, add FORE! (Q 1104) |
Anonymous Coward
User ID: 78327707 United States 04/08/2021 02:51 AM Report Abusive Post Report Copyright Violation | [link to www.dailymail.co.uk (secure)] Quoting: The Natural One 'I'm sick and tired or ordinary people getting fleeced': Biden gives a full-throated defense of his $2.5trillion tax hike on business and insists he isn't trying to 'punish' anyone *President Joe Biden launched a full-throated defense of his corporate tax hike to fund his $2.3 trillion dollar infrastructure plan *'I’m not trying to punish anybody, but dammit, maybe it's because I come from middle class neighborhood, I'm sick and tired of ordinary people being fleeced,' he said *Biden would pay for his plan by hiking corporate tax rate to 28 per cent *Business groups and Republicans criticized that rate *Biden said he is willing to compromise on tax rate 'I'm willing to negotiate that. I've come forward the best, most rational way in my view, the fairest way to pay for it. But there are many other ways as well,' he said By EMILY GOODIN, SENIOR U.S. POLITICAL REPORTER FOR DAILYMAIL.COM PUBLISHED: 15:05 EDT, 7 April 2021 | UPDATED: 15:56 EDT, 7 April 2021 President Biden Delivers Remarks on the Historic Investments in the American Jobs Plan 940 views•Apr 7, 2021 Biden's push to pay for the package includes: Hike the corporate tax rate Biden would raise the corporate tax rate in the US to 28 percent from 21 percent. This move would partially undo the Trump administration's cut of the corporate tax rate from 35 percent in its 2017 tax bill. The White House argues this would bring the United States in line with other first world nations when it comes to a tax on businesses. Double the de facto global minimum tax Biden's plan would double the de facto global minimum tax to 21 percent. It would also toughen its requirements so companies would have to pay the tax on a wider span of income across countries. Raise global corporate income tax Additionally, American officials are working with the G20 nations to enact a minimum global corporate income tax as part of the administration's effort to offset any disadvantages from their plan to increase the U.S. corporate tax rate. Treasury Secretary Janet Yellen on Monday urged the move, saying it would 'stop the race to the bottom.' 'Competitiveness is about more than how U.S.-headquartered companies fare against other companies in global merger and acquisition bids,' Yellen noted. 'It is about making sure that governments have stable tax systems that raise sufficient revenue to invest in essential public goods.' The U.S. is involved in talks with about 140 nations to develop a global agreement on minimum levies, led by the Organization for Economic Cooperation and Development, but participants haven't yet reached a deal. Enact a book value income tax The plan would enact a 15 percent minimum tax on book income of large companies that report high profits, but have little taxable income. Book income is what businesses report to investors and which is often used to judge shareholder and executive payouts. The tax - aimed at companies that report large profits to investors but low tax payments would apply only to companies with income exceeding $2 billion. That is up from the $100 million threshold that Biden advocated for in the campaign. The result is that just 180 companies would even meet the income threshold and just 45 would pay the tax, The Wall Street Journal noted. Finally, the plan would replace flawed incentives that reward excess profits from intangible assets with more generous incentives for new research and development; replace fossil fuel subsidies with incentives for clean energy production and ramp up enforcement to address corporate tax avoidance. Biden would also boost the Internal Revenue Service's budget so that it can step up enforcement and tax collection efforts. These idiots, non of them ever study economics? All those taxes get passed to the consumer. WE pay for that crap too. |
hankie
Everything User ID: 80195834 United States 04/08/2021 03:59 AM Report Abusive Post Report Copyright Violation | Who among us is deluded enough to believe that any of those corporations he raises 2.5 Trillion additional taxes on, is actually going to pay one penny of it? They're not in business to lose money, they will simply pass those raises right down to their consumers, or move operations out of country, cut jobs, etc., and once more, all those ordinary people will get fleeced once again! Surely Biden isn't stupid enough to think we're buying what he's selling? What a joke! Quoting: breezy If liberals made a tax increase on the upper-income, including big companies, dependent on a corollary tax decrease on moderate and modest-income people, at least the left wouldn't be blowing smoke out of their asses. Generally, the only ones bitching about taxes being too high on everyone, such as folks filling their car's tank at the fuel pump, are almost always of the right, not left. This is real funny, they raise taxes on the rich guys who have lawyers that do their taxes, that their whole function tax laws. The congress always leave loopholes for the rich because they are in that bracket. Sorry I got a headache These are the times that tries men's and women's souls! May we come though it victorious! |
hankie
Everything User ID: 80195834 United States 04/08/2021 04:02 AM Report Abusive Post Report Copyright Violation | [link to nypost.com (secure)] Quoting: The Natural One MEDIA Midwin Charles, CNN and MSNBC legal analyst, dead at 47 By Jackie SaloApril 7, 2021 | 10:00am | Updated https://twitter.com/_/status/1366407547243155460 People with asthma is not supposed to get the shot, for their own safety. I can't take them because of immune problems, asthma is one of those immune problems most of the time. Last Edited by hankie on 04/08/2021 04:03 AM Sorry I got a headache These are the times that tries men's and women's souls! May we come though it victorious! |
IwasHere4theCoronaScare
User ID: 80225047 Turkey 04/08/2021 04:40 AM Report Abusive Post Report Copyright Violation | [link to www.dailymail.co.uk (secure)] Quoting: The Natural One 'I'm sick and tired or ordinary people getting fleeced': Biden gives a full-throated defense of his $2.5trillion tax hike on business and insists he isn't trying to 'punish' anyone *President Joe Biden launched a full-throated defense of his corporate tax hike to fund his $2.3 trillion dollar infrastructure plan *'I’m not trying to punish anybody, but dammit, maybe it's because I come from middle class neighborhood, I'm sick and tired of ordinary people being fleeced,' he said *Biden would pay for his plan by hiking corporate tax rate to 28 per cent *Business groups and Republicans criticized that rate *Biden said he is willing to compromise on tax rate 'I'm willing to negotiate that. I've come forward the best, most rational way in my view, the fairest way to pay for it. But there are many other ways as well,' he said By EMILY GOODIN, SENIOR U.S. POLITICAL REPORTER FOR DAILYMAIL.COM PUBLISHED: 15:05 EDT, 7 April 2021 | UPDATED: 15:56 EDT, 7 April 2021 President Biden Delivers Remarks on the Historic Investments in the American Jobs Plan 940 views•Apr 7, 2021 Biden's push to pay for the package includes: Hike the corporate tax rate Biden would raise the corporate tax rate in the US to 28 percent from 21 percent. This move would partially undo the Trump administration's cut of the corporate tax rate from 35 percent in its 2017 tax bill. The White House argues this would bring the United States in line with other first world nations when it comes to a tax on businesses. Double the de facto global minimum tax Biden's plan would double the de facto global minimum tax to 21 percent. It would also toughen its requirements so companies would have to pay the tax on a wider span of income across countries. Raise global corporate income tax Additionally, American officials are working with the G20 nations to enact a minimum global corporate income tax as part of the administration's effort to offset any disadvantages from their plan to increase the U.S. corporate tax rate. Treasury Secretary Janet Yellen on Monday urged the move, saying it would 'stop the race to the bottom.' 'Competitiveness is about more than how U.S.-headquartered companies fare against other companies in global merger and acquisition bids,' Yellen noted. 'It is about making sure that governments have stable tax systems that raise sufficient revenue to invest in essential public goods.' The U.S. is involved in talks with about 140 nations to develop a global agreement on minimum levies, led by the Organization for Economic Cooperation and Development, but participants haven't yet reached a deal. Enact a book value income tax The plan would enact a 15 percent minimum tax on book income of large companies that report high profits, but have little taxable income. Book income is what businesses report to investors and which is often used to judge shareholder and executive payouts. The tax - aimed at companies that report large profits to investors but low tax payments would apply only to companies with income exceeding $2 billion. That is up from the $100 million threshold that Biden advocated for in the campaign. The result is that just 180 companies would even meet the income threshold and just 45 would pay the tax, The Wall Street Journal noted. Finally, the plan would replace flawed incentives that reward excess profits from intangible assets with more generous incentives for new research and development; replace fossil fuel subsidies with incentives for clean energy production and ramp up enforcement to address corporate tax avoidance. Biden would also boost the Internal Revenue Service's budget so that it can step up enforcement and tax collection efforts. These idiots, non of them ever study economics? All those taxes get passed to the consumer. WE pay for that crap too. They should study French economics over the past 15-20 years, it's a perfect example of what not to do when it comes to taxing, especially corporate taxes... And while it is true that it's the consumer who pays, there's a limit until people (who are also taxed more and more) just can't afford it and consume cheaper import products. But I have a feeling that the French economy is actually a perfect model for these shitheads. Last Edited by IwasHere4theCoronaScare on 04/08/2021 04:41 AM Not Turkish, Not muslim ... |
The Natural One
User ID: 73776183 United States 04/08/2021 07:23 AM Report Abusive Post Report Copyright Violation | |