Airtran gets squadoosh compared to this

[jetdawg]

I know everyone loves to keep preaching about Airtran getting money for flying into small cities but this seems a heck of allot better then a little money thrown to the A-Train.




On Wednesday April 13, 2011, 11:03 am EDT

ATLANTA (AP) -- The Georgia Senate has extended a tax break for Delta Air Lines Inc. over Democratic objections that the company doesn't need a giveaway.
Lawmakers approved the measure 39-13 after an hour of heated debate. Supporters say the state must work to keep Delta Georgia-based because the company brings millions in economic development.
Opponents said when the tax break originated six years ago, the company faced bankruptcy and needed help. They said it boasted more than $1 billion in profits last year and doesn't need the hefty tax break now.
The bill caps the exemption at $20 million for fiscal year 2012 and $10 million for fiscal year 2011. Delta's current tax break had been set to expire at the end of June.
The bill returns to the House.
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[WalterSobchak]

Ahhhh, corporate welfare.

 

[Stifler's Mom]

How else is Delta going to afford all those 50-seat RJs?

 

[GuppyWN]

How else is Delta going to afford all those 50-seat RJs?

By putting Delta Connection on the side.

Gup

 

[Kharma Police]

Truth be known, the airport, the city, the state and surrounding cities all nickel and dime tax the state's largest employer to the point that I'm sure offsets this tax break.

 

[Lear70]

None of the corporations need a "tax break" right now. This defeats the entire POINT of Capitalism, which is part of what our country was founded on.

This whole tax cut thing to the richest people and corporations needs to stop. No tax loops, just pay your taxes and maybe we could start cutting a chunk out of our Trilliions per year of debt we go into as a nation. If businesses go out of business because they were relying on tax cuts to turn a profit, then maybe they shouldn't be IN business.

Just a thought... YMMV.

 

[RLAblows]

None of the corporations need a "tax break" right now. This defeats the entire POINT of Capitalism, which is part of what our country was founded on.

This whole tax cut thing to the richest people and corporations needs to stop. No tax loops, just pay your taxes and maybe we could start cutting a chunk out of our Trilliions per year of debt we go into as a nation. If businesses go out of business because they were relying on tax cuts to turn a profit, then maybe they shouldn't be IN business.

Just a thought... YMMV.

Couldn't agree more.

 

[embraerjetpilot]

They will just take it out of the paychecks of the greedy teachers!

 

[Lonestar]

This whole tax cut thing to the richest people and corporations needs to stop.

Just don't forget Lear, many SWA pilots fall into Obama's definition of the 'richest people'. Probably not something you've had to consider before.

 

[Lear70]

Just don't forget Lear, many SWA pilots fall into Obama's definition of the 'richest people'. Probably not something you've had to consider before.

Heh heh... true enough.

However, I'd gladly pay my share of taxes if we'd go to a flat tax for everyone, no deductions, kill the tax cuts and kickbacks to big businesses, etc, all as part of a overall PLAN to return this country to profitability. Something's gotta give, or we're going to end up like most of Europe in terms of income taxes, VAT, unemployment rates, etc.

OK, I'll get off the soapbox now.

 

[fracpt]

please keep ranting. I believe you and in the same stuff.. besides us ranting about taxes stops us from beating up on each other in the forums

 

[runwayjockey]

Just don't forget Lear, many SWA pilots fall into Obama's definition of the 'richest people'. Probably not something you've had to consider before.

Yea, and how many of those pilots are creating jobs? I'm sure like ever other rich sucker out there, the money is not creating jobs but creating earned income from interest.

 

[runwayjockey]

Just don't forget Lear, many SWA pilots fall into Obama's definition of the 'richest people'. Probably not something you've had to consider before.

How many of those pilots are creating jobs with all of that money or is it just going to savings?

Lear, I could not agree more with you. What the hell ever happened to shared sacrifice in this country?

 

[Flying Illini]

Heh heh... true enough.

However, I'd gladly pay my share of taxes if we'd go to a flat tax for everyone, no deductions, kill the tax cuts and kickbacks to big businesses, etc, all as part of a overall PLAN to return this country to profitability. Something's gotta give, or we're going to end up like most of Europe in terms of income taxes, VAT, unemployment rates, etc.

OK, I'll get off the soapbox now.

Our tax plan should be one page long. One flat rate for all individuals, one flat rate for all businesses. Everyone pays, no one is exempt. Keep the tax code short and simple with no room for loopholes.




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[Lear70]

Our tax plan should be one page long. One flat rate for all individuals, one flat rate for all businesses. Everyone pays, no one is exempt. Keep the tax code short and simple with no room for loopholes.

Oh no, we can't do that. That would put a couple hundred IRS inspectors out of jobs...

(I agree with you btw, I'm being more than a little facetious).

 

[Max Powers]

Just don't forget Lear, many SWA pilots fall into Obama's definition of the 'richest people'. Probably not something you've had to consider before.

SWA pilots don't even come close.....First off its your taxable pay above 250k not your entire gross. Even if you made 300k and could only come up 35k to itemized then 15k would fall under the old Tax rates which are an extra 3.3 percent which would mean you would pay a whopping 500 bucks more in taxes. Give me a break I'd be more than happy to pay that to a country in distress that has given me so much.

 

[SWA GUY]

47% of the folks in this country pay NO TAXES!

Actually they do pay Federal income taxes, but they get all that money back.

I say let EVERYONE contribute!

 

[SWA/CA]

SWA pilots don't even come close

Sure, I know some that do.

 

[jonjuan]

47% of the folks in this country pay NO TAXES!

Actually they do pay Federal income taxes, but they get all that money back.

I say let EVERYONE contribute!

...If they wish to vote, that is.....
Something about taxation and representation...

 

[BLUE BAYOU]

None of the corporations need a "tax break" right now. This defeats the entire POINT of Capitalism, which is part of what our country was founded on.

This whole tax cut thing to the richest people and corporations needs to stop. No tax loops, just pay your taxes and maybe we could start cutting a chunk out of our Trilliions per year of debt we go into as a nation. If businesses go out of business because they were relying on tax cuts to turn a profit, then maybe they shouldn't be IN business.

Just a thought... YMMV.

I agree absolutely! How else are we going to support the 1 in 6 Americans on food stamps???

 

[BLUE BAYOU]

SWA pilots don't even come close.....First off its your taxable pay above 250k not your entire gross. Even if you made 300k and could only come up 35k to itemized then 15k would fall under the old Tax rates which are an extra 3.3 percent which would mean you would pay a whopping 500 bucks more in taxes. Give me a break I'd be more than happy to pay that to a country in distress that has given me so much.

When I first started working out of the military where I never topped over $70K, I asked JBLU payroll why they stopped taking Social Security taxes out after $84K-- they said I had paid my share... Fast forward several years, that number is now $106K. If they don't get you in Fed Taxes, they'll get you somewhere else..

 

[Nalo Boy]

No income tax, but a flat sales tax. That way everyone pays, including the millions of illegals running amok. The more you make = the more you spend = the more you pay. Tax applies to purchases abroad.

 

[jonjuan]

No income tax, but a flat sales tax. That way everyone pays, including the millions of illegals running amok. The more you make = the more you spend = the more you pay. Tax applies to purchases abroad.

But a lower income person consumes the same amount of bread and milk as a wealthy person (although the poorer person probably consumes more beer, cigarettes and condoms).

 

[X-rated]

47% of the folks in this country pay NO TAXES!

Actually they do pay Federal income taxes, but they get all that money back.

And why do you suppose that is? If a company or person lost 10 million last year, and made 5 million this year, they haven't actually turned a profit. However, it's politicly advantageous to go on TV and bash the damn fat cats who didn't pay any taxes on that 5 million they "made" this year. Reality and fairness have nothing to do with it because after all, the "rich" can afford to pay more. Never mind that these are small business owners, or even large corporations owned by your 401K, and they still lost 5 million dollars and will have to lay off hundreds of workers who's 401K's are also in the dumper for the same reason. Stop with the class warfare and think things through.

 

[seerickyfly]

And now the rest of the story....http://finance.yahoo.com/taxes/arti...lYwN3ZWVrZW5kRWRpdGlvbgRzbGsDd2hhdHRvcHVzY29t

 

[JT12345]

75% of corporations pay no federal taxes. Of our imports 50% of them are "U.S. corporations" (if u can call them that) importing from their foreign headquarters in another country to their "U.S. division" to pay no income taxes. You see many companies that call themselves U.S.A. are based in foreign countries. Exxon/Mobile paid no taxes and G.E. made 10 billion and got back 1 billion from the government.

http://thinkprogress.org/2010/04/06/exxon-tax/

100 billion in taxes goes to food stamps, unemployment and other programs for the poor.

400 billion in federal taxes goes to corporate tax breaks. And as you can see many big corporations get around their state obligations also.

This is all legal.

80% of IRS audits are small business because they cheat. There was an estimate that there are $300 billion in loss tax revenue every year due to fraud about income and other tax breaks. I think it is a lot more than that.

 

[Nindiri]

I'm fine with no corporate taxes. It means more money going into my 401K that is invested in these companies.

 

[Skybus]

Blue,

Dont know how old you are but take a look at your SS statement that comes every year and follow the trail of the top income figure where they stop taking it. Dont have mine in front of me but I believe it was 20K or so when I first began working.

All you have to do is look at the word "supplimental" in the act that created this disaster and you will see how far off track this has become. (like any other govt program)

By the time most retire, there will be a means test associated with it that most on here can say bye bye to all of their "contributions"?

Bus