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#41
10-10-2013, 04:55 AM
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As far as the knowledge the big guys have goes, it's all there for everybody and it's all scalable. The same principals and breaks that work for the big guys mostly work for the small guys. Their size doesn't get them any special perks, just the opposite actually, however a lot of these structures and mechanisms simply aren't cost effective for small businesses and individuals. It might be cost effective for GE to spend $150,000 to have a team of accountants spend 3 months on optimising corporate share structure, but it just wouldn't be worth it for the little guys. We could do it, but the tax advantage would be so small there would be no benefit. Not because the rules favour the big guy necessarily, simply because that's the economy of scale. Just read the forbes article and yeah, some of it is due to their nature as it involves intellectual property and licencing. Stuff that wouldn't be available to the corporate structure we setup for say an energy company. Large corps though are taxed at a high(er) interest rate, federally it's at 38% Small business benefit from a number of rate reductions they get: 38% - Basic federal corporate tax rate -17% - Small business deduction for firms with revenues under 500K -10% - General rate reduction ----- 11% effective federal tax rate for small business - less than the 12.5% achieved with the double Irish method discussed in the article I can do that for a little guy for much less than big corporations spend on their corporate accounting departments  
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#42
10-10-2013, 01:54 PM
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The US has screwed themselves over with their tax laws. That is exactly what is killing them and that is why there is such a drastic spread between rich and poor in the US. The taxes that large US companies pay is peanuts compared to what it used to be. But, if you make them pay more, they will just close the doors and move to a different country. Bless your heart Global economics.
 Also, the morons have mortgages as tax right offs.... I mean how stupid can you be. So every gets as big of a mortgage as possible and nobody wants to pay them off because it is a write off every year. The housing industry in the U.S is in complete shambles. A much deeper recession looms in the US soon. They just can't stop printing money and soon it will be good for nothing but toilet paper if they keep it up.
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#43
10-10-2013, 02:12 PM
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Geez, I could say a lot more on this topic,... but I think I will keep my mouth shut... It does surprise me, though, how little the general public seems to understand how corporations work, or even basic economics. No wonder we have such a big debt problem, both with governments and individuals...
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#44
10-10-2013, 03:36 PM
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Here is what Mr Corporate Gamble thinks.
https://www.youtube.com/watch?v=lEV5AFFcZ-s Good to see that this thread has actually staid civilized (mostly) I love you all people. As much as I love following your thinking processes. Few things i hate are: - Money (Makes us slaves imo) - War: makes us suffer, and makes corporations super rich. USA is always in war (peace keeping lol), think why? - Banksters: Makes us poor, making money out of thin air, landing money that they dont own/have, Landing 100 times more than they print and collect interest 100 times on every dollar, keep us in slavery. 'Leverage' is when say you deposit $1000 in your account and bank say that they have 100.000.00 Land it to a 100 people and collect interest 100 times over on the money they never had. -TV and all corporate "media" brainwashing machine. English is not my first language so please let me apologise for not expressing my points of view clearly.
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#45
10-10-2013, 04:24 PM
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Banks and other financial intermediaries allow people with surplus and deficits to connect. Without having any financial systems many of is would not have been able to purchase a home or home etc... It is also a place to store your financial holdings rather than hiding it in your mattress etc... I'm not certain where you are going with this and I do not understand your political beliefs at this time but without money and financial intermediaries how will the world operate? Perhaps you. An enlighten us with your thoughts and ideas of how societies would operate in your "perfect world"? From this we may then understand you better. At least we agree to hate war...
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#46
10-12-2013, 05:27 PM
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 ,) with anyone who is in the war, or making money on it, or stupid and brainwashed enough to sign up for it and get paid for being in war...As far as enlightening goes, i would rather prefer to plant a seed in peoples mind that perhaps will generate a thought. The reason is that it is impossible to change anyone's mind by arguing.
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#47
10-12-2013, 08:03 PM
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#48
10-12-2013, 08:11 PM
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Here is a seed that should be planted in every junior high school student.
This should be required viewing. It is an excellent animated 3 part documentary of how vital debt is to our economy. The first 2 parts are available on Youtube no charge, the third part you need to order and it discusses an alternative "money supply." I highly recommend everyone to watch at least the first 2 parts. http://www.youtube.com/watch?v=jqvKjsIxT_8
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Mitch
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#50
10-14-2013, 09:43 PM
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I'd rather have my kid watch ZEITGEIST in school as a required viewing .. http://www.youtube.com/watch?v=1gKX9TWRyfs Last edited by RuGlu6; 10-14-2013 at 09:54 PM.
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