Tesla was founded in 2003. SpaceX in 2002. Solar City in 2006. That's 15, 16, and 12 years ago. So when do they turn profitable? Are these still startups, with a dozen or more years passed since founding?
Put up or shut up. I've posted data showing the effective and average tax rates. Those are ACTUAL tax rates, calculated from IRS tax returns as the sum of taxes paid divided by the sum of pre-tax profits earned. Straight out tax rates. YOU claim it's not correct; well, put up something that shows the corporate income tax rate (not percent of GDP, not tax on investment, actual corporate income tax rates) is higher in Canada than the US. Please. Or just give up.
Except you're wrong. You showed no such thing. Collecting a small percentage of the GDP as a tax is irrelevant to the actual tax rate paid. If you don't understand that - there's no hope for you.
Yeah, it's a nice racket - get people to pay you for the pleasure of their own power generation, cover your losses if the sales prices drop, guarantee to pay you for 20 years of equipment - and get some nice fat Government subsidies at the same time. It's amazing that they STILL can't make a profit with all that!
Nah, sounds like a standard SolarCity type setup. You can lease the panels for the electricity generated, but it's a 20 year lease, stiff exit clauses prior to the 20 year term, is non-transferable, and if the electricity generated does not cover the initial projections of income, the homeowner is on the hook to cover the difference.
Here you go. What is the marginal, average, and effective corporate tax rates for the US and for Canada. For the US it is 39.1%, 29%, and 18.6%. For Canada it is 26.1%, 16.2%, and 8.5%. The latter two - average and effective - are what is really paid after all deductions. For the average rate, the US is about double that of Canada (29% versus 16.2%); for the effective rate, the US is 2.5 times that of Canada (18.6% versus 8.5%). Oh look - I was right, you are wrong. Sucks to be you!
WTF? Effective and average come straight out of tax returns for corporations. It's all data from the IRS and the CBO, summarized by the Tax Foundation. I guess next you'll claim that the top 1% do not pay a higher income tax rate than the rest of the 99%, right? Even when the IRS data says otherwise. Facts are facts, data is data - trying to explain it away as "well it says they pay that much from actual payments made but that's not really what they pay" is a flight of fancy.
AND ONCE AGAIN, your data is irrelevant! It is about GDP, and it's about investment taxes - NOT corporate income taxes. From the same source, but with CLEAR data about CORPORATE INCOME TAX RATES. You have yourself wound up about capital investment tax rates and percent of GDP - neither of which are what are under discussion! If you can't understand that - there's no hope for you. PLEASE Check what you your titles for your own graphs and tables are, and then tell me how it relates to this discussion of CORPORATE INCOME TAX RATES. From the same source (Tax Foundation) that states - in my link - that corporate income tax rates (marginal, average, and effective) were all much higher for the US than Canada.
You provide no data stating what you claim. How does share of GDP relate to tax rates? I've posted data showing actual tax rates; you've done the same thing and it confirms my point. Sucks that you want to conflate tax rates with share of GDP (which is irrelevant). Hey, why don't we also claim because Canada has more polar bears there must be a higher rate of sunglasses? It makes as much sense as what you claim...
Yes! Look at the link I posted in that you show - it actually states the marginal effective tax rate for the US is 35.3%. Where was I wrong? I simply stated what the AC's (probably you) own source claimed. And showed that it was MUCH higher than Canada. If you're going to try to rebut a point, make sure you have data that actually does that!
I guess you don't know what marginal, average, and effective means! HINT: they're defined in the link I provided, and which also backs up the claims I made. I know I have a small troll following, but really - you should try harder than that, given the link I provided. Additionally, I never stated the Americans were paying an effective 35% tax rate; I stated we paid a marginal, effective, and average corporate income tax well above most of the rest of the OECD. Which is, in fact. true. Your trolling notwithstanding.
I used my Note 2 for 8 months with a single crack in the corner of the screen (outside the visible area) - not trashed at all. Didn't affect operation at all, and I finally changed it out when I was offered a Note 5 for essentially free (company I was contracting for threw it in as a "perk"). To this day, it still functions as a home controller (SmartThings, SONOS, thermostat, etc). With a small crack. Would suck to have to replace the screen - which is 100% functional, the crack is outside the visible area - just to get it to work right because of a defective chip inside!
Yep! An intermediary to redeem the value, for something like cash (which you must also do with BTC). I personally use California Numismatic. I walk in, give them gold or silver, they pay spot market price (essentially zero discount), in cash - with no paperwork. And I walk out with a stack of bills to do with as I please. Takes all of about 2 minutes, and zero cost. A lot better than a BTC exchange that can take 2-5 days and cost $20-$50.
What is the maximum Federal income tax rate? HINT: it's not 40%. And the effective Federal income tax rate, for the top 1%, is 27%, which is quite a bit off from 40%. Long term capital gains taxes for the vast majority of people are 0% to 15%. If people did what the AC suggested, they'd probably pay between 15% and 20%, depending upon their level of income.
Give them a call, you'll be able to withdraw in about 30 seconds. Better yet, let them know ahead of time you'll be overseas and not an issue. I have standing orders with my banks to allow overseas withdrawals - because I travel overseas 8-12 times a year (just got back, in fact, from China and Japan). By default they "flag" out-of-the-ordinary transactions and decline them, to cut down on fraud (which they have to cover - not you). Just let them know to not flag - and it's not a problem.
Any existing problems -- such as a cracked screen or other damage -- needs to be addressed (and paid for) before the No Service issue can be fixed. Apple points out that the program doesn't extend the standard warranty coverage of the iPhone 7.
So you HAVE to fix all other problems in a 2 year old phone before you qualify for this fix. That should be mentioned as well. Small crack in the screen that you can live with, but you get the "no service" bug? Too bad - replace the screen or buy a new phone.
How does a bank control what I choose to spend my money on? I get that they can control what I choose to spend their money on, but how do they limit what I spend my money on?
How is a credit account "your money"? A debit card is your money - it pulls from your own bank account. But a credit card pulls from the bank's account, and you just have a promise to pay it back sometime in the future. They are not telling you what you can do with your money, but telling you want you can do with their money.
You can buy whatever you want with a BoA, Chase, or other debit card - that's your money, use it as you want. A credit card is using their money, and promising to pay it back later. Just like when you get a mortgage or car loan, the person who actually has the money gets to dictate what it's used on.
It's the same thing with the USPS - you can use a credit card to buy postage, but if you want a postal money order then you need to pay cash or a debit card - you cannot use credit to buy, essentially, a monetary instrument.
Capital gains taxes cap out at 20% (28% for art). And that's if you hold it for more than a year. If you realize the capital gain within 1 year, you pay regular income tax, which caps out at 37% for income over $500,000 (the top 1% average about a 27% tax rate).
Care to link to that pre-2015 traffic blocking/throttling based upon site visited? We have lots of banned sites - but Net neutrality does nothing about that. Twitter, Facebook, ISPs could choose which customers/users they want, before AND after the 2015 executive action.
Here you go. If you'd read the thread, you'd see I've posted it before. It shows marginal (nominal tax rate), average (meaning the tax paid relative to income tax - actual taxes paid, from tax returns), and effective (meaning with all possible deductions factored in). The US is 1st, 3rd, and 4th, respectively. And well above pretty much the entire EU and Canada. The only real world-power economy that is above the US in taxation is Japan - and their economy is in its umpteenth year of stagnation...
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Tesla was founded in 2003. SpaceX in 2002. Solar City in 2006. That's 15, 16, and 12 years ago. So when do they turn profitable? Are these still startups, with a dozen or more years passed since founding?
Put up or shut up. I've posted data showing the effective and average tax rates. Those are ACTUAL tax rates, calculated from IRS tax returns as the sum of taxes paid divided by the sum of pre-tax profits earned. Straight out tax rates. YOU claim it's not correct; well, put up something that shows the corporate income tax rate (not percent of GDP, not tax on investment, actual corporate income tax rates) is higher in Canada than the US. Please. Or just give up.
Except you're wrong. You showed no such thing. Collecting a small percentage of the GDP as a tax is irrelevant to the actual tax rate paid. If you don't understand that - there's no hope for you.
Yeah, it's a nice racket - get people to pay you for the pleasure of their own power generation, cover your losses if the sales prices drop, guarantee to pay you for 20 years of equipment - and get some nice fat Government subsidies at the same time. It's amazing that they STILL can't make a profit with all that!
Nah, sounds like a standard SolarCity type setup. You can lease the panels for the electricity generated, but it's a 20 year lease, stiff exit clauses prior to the 20 year term, is non-transferable, and if the electricity generated does not cover the initial projections of income, the homeowner is on the hook to cover the difference.
Has he yet to make a business that actually turns a profit?
Coal goes offline - that's why we have natural gas peakers and backup turbines, so we can generate that 100 MW for more than 5-10 minutes at a shot...
Here you go. What is the marginal, average, and effective corporate tax rates for the US and for Canada. For the US it is 39.1%, 29%, and 18.6%. For Canada it is 26.1%, 16.2%, and 8.5%. The latter two - average and effective - are what is really paid after all deductions. For the average rate, the US is about double that of Canada (29% versus 16.2%); for the effective rate, the US is 2.5 times that of Canada (18.6% versus 8.5%). Oh look - I was right, you are wrong. Sucks to be you!
WTF? Effective and average come straight out of tax returns for corporations. It's all data from the IRS and the CBO, summarized by the Tax Foundation. I guess next you'll claim that the top 1% do not pay a higher income tax rate than the rest of the 99%, right? Even when the IRS data says otherwise. Facts are facts, data is data - trying to explain it away as "well it says they pay that much from actual payments made but that's not really what they pay" is a flight of fancy.
AND ONCE AGAIN, your data is irrelevant! It is about GDP, and it's about investment taxes - NOT corporate income taxes. From the same source, but with CLEAR data about CORPORATE INCOME TAX RATES. You have yourself wound up about capital investment tax rates and percent of GDP - neither of which are what are under discussion! If you can't understand that - there's no hope for you. PLEASE Check what you your titles for your own graphs and tables are, and then tell me how it relates to this discussion of CORPORATE INCOME TAX RATES. From the same source (Tax Foundation) that states - in my link - that corporate income tax rates (marginal, average, and effective) were all much higher for the US than Canada.
You provide no data stating what you claim. How does share of GDP relate to tax rates? I've posted data showing actual tax rates; you've done the same thing and it confirms my point. Sucks that you want to conflate tax rates with share of GDP (which is irrelevant). Hey, why don't we also claim because Canada has more polar bears there must be a higher rate of sunglasses? It makes as much sense as what you claim...
Yes! Look at the link I posted in that you show - it actually states the marginal effective tax rate for the US is 35.3%. Where was I wrong? I simply stated what the AC's (probably you) own source claimed. And showed that it was MUCH higher than Canada. If you're going to try to rebut a point, make sure you have data that actually does that!
I guess you don't know what marginal, average, and effective means! HINT: they're defined in the link I provided, and which also backs up the claims I made. I know I have a small troll following, but really - you should try harder than that, given the link I provided. Additionally, I never stated the Americans were paying an effective 35% tax rate; I stated we paid a marginal, effective, and average corporate income tax well above most of the rest of the OECD. Which is, in fact. true. Your trolling notwithstanding.
I used my Note 2 for 8 months with a single crack in the corner of the screen (outside the visible area) - not trashed at all. Didn't affect operation at all, and I finally changed it out when I was offered a Note 5 for essentially free (company I was contracting for threw it in as a "perk"). To this day, it still functions as a home controller (SmartThings, SONOS, thermostat, etc). With a small crack. Would suck to have to replace the screen - which is 100% functional, the crack is outside the visible area - just to get it to work right because of a defective chip inside!
Yep! An intermediary to redeem the value, for something like cash (which you must also do with BTC). I personally use California Numismatic. I walk in, give them gold or silver, they pay spot market price (essentially zero discount), in cash - with no paperwork. And I walk out with a stack of bills to do with as I please. Takes all of about 2 minutes, and zero cost. A lot better than a BTC exchange that can take 2-5 days and cost $20-$50.
What is the maximum Federal income tax rate? HINT: it's not 40%. And the effective Federal income tax rate, for the top 1%, is 27%, which is quite a bit off from 40%. Long term capital gains taxes for the vast majority of people are 0% to 15%. If people did what the AC suggested, they'd probably pay between 15% and 20%, depending upon their level of income.
Give them a call, you'll be able to withdraw in about 30 seconds. Better yet, let them know ahead of time you'll be overseas and not an issue. I have standing orders with my banks to allow overseas withdrawals - because I travel overseas 8-12 times a year (just got back, in fact, from China and Japan). By default they "flag" out-of-the-ordinary transactions and decline them, to cut down on fraud (which they have to cover - not you). Just let them know to not flag - and it's not a problem.
Any existing problems -- such as a cracked screen or other damage -- needs to be addressed (and paid for) before the No Service issue can be fixed. Apple points out that the program doesn't extend the standard warranty coverage of the iPhone 7.
So you HAVE to fix all other problems in a 2 year old phone before you qualify for this fix. That should be mentioned as well. Small crack in the screen that you can live with, but you get the "no service" bug? Too bad - replace the screen or buy a new phone.
How does a bank control what I choose to spend my money on? I get that they can control what I choose to spend their money on, but how do they limit what I spend my money on?
How is a credit account "your money"? A debit card is your money - it pulls from your own bank account. But a credit card pulls from the bank's account, and you just have a promise to pay it back sometime in the future. They are not telling you what you can do with your money, but telling you want you can do with their money.
You can buy whatever you want with a BoA, Chase, or other debit card - that's your money, use it as you want. A credit card is using their money, and promising to pay it back later. Just like when you get a mortgage or car loan, the person who actually has the money gets to dictate what it's used on.
It's the same thing with the USPS - you can use a credit card to buy postage, but if you want a postal money order then you need to pay cash or a debit card - you cannot use credit to buy, essentially, a monetary instrument.
Capital gains taxes cap out at 20% (28% for art). And that's if you hold it for more than a year. If you realize the capital gain within 1 year, you pay regular income tax, which caps out at 37% for income over $500,000 (the top 1% average about a 27% tax rate).
You mean like gold, silver, or cash?
Care to link to that pre-2015 traffic blocking/throttling based upon site visited? We have lots of banned sites - but Net neutrality does nothing about that. Twitter, Facebook, ISPs could choose which customers/users they want, before AND after the 2015 executive action.
Here you go. If you'd read the thread, you'd see I've posted it before. It shows marginal (nominal tax rate), average (meaning the tax paid relative to income tax - actual taxes paid, from tax returns), and effective (meaning with all possible deductions factored in). The US is 1st, 3rd, and 4th, respectively. And well above pretty much the entire EU and Canada. The only real world-power economy that is above the US in taxation is Japan - and their economy is in its umpteenth year of stagnation...