tag:blogger.com,1999:blog-5592542.post3319246319436766544..comments2024-03-18T17:28:44.693-07:00Comments on Rondam Ramblings: I feel so much better nowRonhttp://www.blogger.com/profile/11752242624438232184noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5592542.post-74158808583148157982011-07-16T07:13:30.078-07:002011-07-16T07:13:30.078-07:00Wow, thanks for pointing that out. It seemed a li...Wow, thanks for pointing that out. It seemed a little improbable to me on its face at the time, but it was Reuters so I believed it.<br /><br />Double-wow: the old link it just dead. It does not forward you to the retraction. Look like Reuters can't be trusted at all any more.Ronhttps://www.blogger.com/profile/11752242624438232184noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-83526148751625284892011-07-15T21:14:53.012-07:002011-07-15T21:14:53.012-07:00Hmm not sure if my earlier comment showed up - but...Hmm not sure if my earlier comment showed up - but this was debunked and that's why the link doesn't work anymore.<br /><br />http://www.reuters.com/article/2011/07/13/column-dcjohnston-murdoch-idUSN1E76C25320110713Mileshttps://www.blogger.com/profile/04199527461309714703noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-17892758626476117922011-07-14T01:29:34.463-07:002011-07-14T01:29:34.463-07:00Of course, the Murdoch tax story turns out to be w...Of course, the Murdoch tax story turns out to be wrong: caused by a strange change in News Corp accounting conventions in 2007.MaysonicWriteshttps://www.blogger.com/profile/15191812487437295702noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-5400658989219253852011-07-13T13:55:27.422-07:002011-07-13T13:55:27.422-07:00Sounds good to me. Good luck getting it through C...Sounds good to me. Good luck getting it through Congress.Ronhttps://www.blogger.com/profile/11752242624438232184noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-69741298386957799812011-07-13T13:47:33.943-07:002011-07-13T13:47:33.943-07:00I'd cut (over 10 years):
1) Defense by ~70%
2...I'd cut (over 10 years):<br />1) Defense by ~70% <br />2) Social security by half.<br /><br />Medicare spendings can stay as they are and getting slowly eaten by inflation.<br /><br />No credits to businesses "too big to fail" or for any other reasons.<br />Business must pay to government, not the other way around.<br /><br />------<br />Cutting taxes does not automatically reduce Dennis Gorelikhttps://www.blogger.com/profile/17700219093521377626noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-15176183351811838732011-07-13T13:09:14.359-07:002011-07-13T13:09:14.359-07:00> My conclusion from that is: government is too...> My conclusion from that is: government is too complex and has too much money.<br /><br />Yep.<br /><br />> Tax system should be simplified and taxes lowered.<br /><br />Definitely simplified. Lowering taxes is more problematic.<br /><br />> At the same time government should spend much, much less.<br /><br />Less on what? What would you cut? Defense? Medicare? Social security?<br Ronhttps://www.blogger.com/profile/11752242624438232184noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-50203929574134287022011-07-13T12:56:45.907-07:002011-07-13T12:56:45.907-07:00My conclusion from that is: government is too comp...My conclusion from that is: government is too complex and has too much money.<br />Tax system should be simplified and taxes lowered.<br />At the same time government should spend much, much less.<br /><br />So it simply will not have money for such ridiculous negative taxes.Dennis Gorelikhttps://www.blogger.com/profile/17700219093521377626noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-43993714206963936322011-07-13T12:47:14.545-07:002011-07-13T12:47:14.545-07:00> So if my corporation has losses then I would ...> So if my corporation has losses then I would get tax refund from the US government?<br /><br />No, of course not. You've completely missed the point. If your corporation has losses then you have no money left over to hire accountants and lobbyists, and pay bribes --um, I mean, of course, make campaign contributions. So the more money you make, the less you pay, until at some point youRonhttps://www.blogger.com/profile/11752242624438232184noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-12865737722467151422011-07-13T10:09:02.331-07:002011-07-13T10:09:02.331-07:00So if my corporation has losses then I would get t...So if my corporation has losses then I would get tax refund from the US government?<br /><br />Or if my corporation buys another corporation with tax losses then my corporation would be able to get tax refund?<br /><br />I doubt it.<br /><br />What might be possible, is to reduce amount of taxes paid.Dennis Gorelikhttps://www.blogger.com/profile/17700219093521377626noreply@blogger.com