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aidanjt Veteran


Joined: 20 Feb 2005 Posts: 1101 Location: Rep. of Ireland
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Posted: Tue Nov 13, 2012 6:54 pm Post subject: |
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| ichbinsisyphos wrote: | | Plus a sales tax of 20% and a income tax of 30%, that's 120%! Damn, no wonder that corporations act up against this insanity! |
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| juniper wrote: | | you experience political reality dilation when travelling at american political speeds. it's in einstein's formulas. it's not their fault. |
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juniper l33t


Joined: 22 Oct 2004 Posts: 756 Location: EU
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Posted: Wed Nov 14, 2012 11:31 am Post subject: |
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| big dave wrote: |
the corporation pays 15-25%, and then the shareholder pays another 15-45% making the true corporate tax rate 30-70% depending on how it's structured. it's intellectually bankrupt to only count part of the tab. do you really like doublespeak that much that you need it to try and make a point? |
you do know you can't add percentages like that, right?
if I take 25% out and then another 25%, that doesn't equal 50%.
100 - 25 = 75.
75 - 1/4*75 ~ 56. |
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juniper l33t


Joined: 22 Oct 2004 Posts: 756 Location: EU
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Posted: Wed Nov 14, 2012 11:32 am Post subject: |
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| aidanjt wrote: | | ichbinsisyphos wrote: | | Plus a sales tax of 20% and a income tax of 30%, that's 120%! Damn, no wonder that corporations act up against this insanity! |
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sorry. already explained. |
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