General Discussion

Dan de Lyons

(52 posts)

84. IRS Form 1120 - corp tax - shows the tax-cutters to be liars

Tue Oct 14, 2014, 09:22 AM

Oct 2014

Tax cuts increase the final net corporate profit that goes to stockholders. Tax increases reduce the final net profit. It is clearly obvious on the tax form:

http://www.irs.gov/pub/irs-pdf/f1120.pdf

(Hope this link works all right - I've never done this before.)

On the other hand, the more a corporation pays out in salaries and wages, the lower is its taxable income. So a lower tax is paid. Profits are less. Just the opposite of what happens when there are tax cuts.

Ask a Republican to explain it. I surely must be mistaken.

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This, right here, is how you make an anti-GOP attack ad. [View all] WilliamPitt Oct 2014 OP

Wow edhopper Oct 2014 #1

Wow mercuryblues Oct 2014 #2

I saw that GeorgeGist Oct 2014 #5

Here is good anti-GOP bumper sticker for all of us es35 Oct 2014 #61

Welcome to DU, es35! calimary Oct 2014 #64

+1 stopwastingmymoney Oct 2014 #68

I especially love that it plays off the panic fomented by the right wing. aquart Oct 2014 #74

Excellent 'Nutshell'! 12AngryBorneoWildmen Oct 2014 #88

Thought of another one: "REVERSE THE CURSE!" calimary Oct 2014 #89

No man should be so rich he has nothing left to buy but his government. aquart Oct 2014 #73

But it's so mean! gratuitous Oct 2014 #3

Mean would be if the ad had a cell door slam at the end...kind of a reminder Frustratedlady Oct 2014 #8

They DO talk about how many jobs were created by the budget cuts jmowreader Oct 2014 #43

IRS Form 1120 - corp tax - shows the tax-cutters to be liars Dan de Lyons Oct 2014 #84

Kind of the right idea but not really jmowreader Oct 2014 #93

I'm gonna pass this on to Alison. kentuck Oct 2014 #4

Boom. Kingofalldems Oct 2014 #6

Excellent. n/t whathehell Oct 2014 #7

This should be playing in all 50 states. Warren Stupidity Oct 2014 #9

This Liberalynn Oct 2014 #34

All fugging day and night malaise Oct 2014 #42

But, the WaPo won't like it, and Party "leadership" Eleanors38 Oct 2014 #48

I have never seen my country (U.S.) in such a mess--by Repubs. asjr Oct 2014 #10

I just hope voters agree that Republicans are awful yeoman6987 Oct 2014 #27

Bout damn time. Guess it's tough to say bad things about your GOP pals in the DC Club, eh, DC DEMS?? blkmusclmachine Oct 2014 #11

I'm wondering which of the spineless jellyfish Dems will complain... SoapBox Oct 2014 #23

It's not mean strawberries Oct 2014 #95

Damn, that cuts to the chase. louis-t Oct 2014 #12

but we're at "zero risk" of ebola in the US nashville_brook Oct 2014 #13

Yes. SheilaT Oct 2014 #14

kick for the truth! samsingh Oct 2014 #15

But, but, Saint Ronnie told me government was always the PROBLEM!!! Arugula Latte Oct 2014 #16

The five most frightening words in the English language are... JHB Oct 2014 #24

You said it. Liberalynn Oct 2014 #35

He left something out jmowreader Oct 2014 #94

K & R & Tweeted Let's make this viral. eom Tommymac Oct 2014 #17

Thom Hartmann played it on his radio show today. Dont call me Shirley Oct 2014 #18

K&R nt stage left Oct 2014 #19

CORRECT Skittles Oct 2014 #20

Grim truth, brilliantly and unapologetically presented. hifiguy Oct 2014 #21

Yes...Yes...Yes! SoapBox Oct 2014 #22

Wow! What an awesome ad! NutmegYankee Oct 2014 #25

I like it! The truth is the truth. BillZBubb Oct 2014 #26

Think of the billionaires, dammit! moondust Oct 2014 #28

Great ad. bigwillq Oct 2014 #29

Just imagine if a rich donor (D) ponied up... eggplant Oct 2014 #30

It has many more negative votes than positive ones on youtube mucifer Oct 2014 #31

You mean paid trolls are stupid - TBF Oct 2014 #41

I was thinking the same thing Liberalynn Oct 2014 #82

time to DU youtube then? NewJeffCT Oct 2014 #45

YouTube voters and commenters tend to skew Republican, in my view. JEFF9K Oct 2014 #101

Cut the S-it orpupilofnature57 Oct 2014 #32

Perfect way to turn the tables on the Ineeda Oct 2014 #33

With these figures, it's time for more letters to our editors. n/t proReality Oct 2014 #36

I think he needs to be made to apologize. Jackpine Radical Oct 2014 #37

OUTSTANDING!!!! PatrickforO Oct 2014 #38

I saw that. How can one be so inept on such a simple question?? Good lord. nt 7962 Oct 2014 #51

I seen the "debate" ReRe Oct 2014 #56

Wow! City Lights Oct 2014 #39

More of this!!! Major Hogwash Oct 2014 #40

Fuckin' A, brother. calimary Oct 2014 #44

about time! K&R!!!! napkinz Oct 2014 #46

Holy shit! blackspade Oct 2014 #47

Telling it like it is. Make another for SS/MA/Medicare/WIC/... bread_and_roses Oct 2014 #49

+1 You nailed it. Enthusiast Oct 2014 #76

And yet... New Orleans Strong Oct 2014 #50

Welcome to DU, New Orleans Strong! calimary Oct 2014 #69

I'll add my WOW! CherokeeDem Oct 2014 #52

This is great!! Chemisse Oct 2014 #53

Agreed cantbeserious Oct 2014 #54

Powerful. bvf Oct 2014 #55

Truth sells. ReRe Oct 2014 #57

The only problem is... greytdemocrat Oct 2014 #58

very very powerful GusBob Oct 2014 #59

Very Powerfull Liberal_Dog Oct 2014 #60

Well, their spending increases aren't much better... Wounded Bear Oct 2014 #62

Make them talk about it. (NT) The Wizard Oct 2014 #63

Why are we blaming the Republicans? joshcryer Oct 2014 #65

I so agree. Blaming Republicans alone is not helpful. The blame goes to conservatives. rhett o rick Oct 2014 #66

The Blue Dogs voted for the ACA. joshcryer Oct 2014 #67

Good point. It wasn't just Republicans that prevented Single Payer, it was Conservatives, rhett o rick Oct 2014 #81

fucking and A spanone Oct 2014 #70

Whoa! Stellar Oct 2014 #71

Perfect. aquart Oct 2014 #72

This thread has hundreds of recommendations! Enthusiast Oct 2014 #75

The cost of Austerity liberal N proud Oct 2014 #77

wow MFM008 Oct 2014 #78

Fighting Fire with Fire fredamae Oct 2014 #79

Spread this on social media alfredo Oct 2014 #80

Kick the GOP and the Teabaggers in their balls. . . DinahMoeHum Oct 2014 #83

But that would attack tender Republican sensibilities and threaten Bi-partisnship...... gordianot Oct 2014 #85

They should be running that ad country-wide, but I haven't seen it. sinkingfeeling Oct 2014 #86

Great ad!! ljm2002 Oct 2014 #87

Posting vids like these, William, dixiegrrrrl Oct 2014 #90

They kill people too by fighting Medicare for all grahamhgreen Oct 2014 #91

In the face uponit7771 Oct 2014 #92

I have to wonder why this isn't running ... 99Forever Oct 2014 #96

K&R santamargarita Oct 2014 #97

kick napkinz Oct 2014 #98

... napkinz Oct 2014 #99

cut cut cut napkinz Oct 2014 #100