Thomas SR asked:
Both Pepsi and Coke had huge windfall profits during the past fiscal year that make “Big Oil’s” look pitiful in comparison, should they have their corporate taxes raised to penalize them for their successful marketing and sales?
Both Pepsi and Coke had huge windfall profits during the past fiscal year that make “Big Oil’s” look pitiful in comparison, should they have their corporate taxes raised to penalize them for their successful marketing and sales?
Remember, both of these companies have purposefully pumped their products full of caffeine in order to cause addiction amongst their hapless consumers. They deserve our collective scorn.
When you tax to death corporations they pass it on to consumers hence inflation! Unfortunately the democrat party has yet to learn this
If Democrats had their way, any successful corporation would be penalized. They **** capitalism.
I think I would like to see some factual citations of your claim.
As far as I know, Exxon recorded the biggest profits, EVER, by a corporation.
They should spike their drinks with something to make people smarter.
Do we have tax breaks and subsidy bills aimed specifically at making things good for the soda business as we do for the petro business? If so then yes, windfall taxes are in order.
Soda makes people fat and it rots their teeth. Soda is bad news, so “Big Soda” should indeed be penalized.
er… I don’t think what you’re saying is true… big oil co.s had profits around 10 bil a quarter…
Coke had around 1.7 bil… quite a difference… if I’m looking at the numbers correctly…
and they’ve only seen increases of 1 percent or so, vs. much larger increases for big oil…
edit: 11.6 bil for Exxon… that’s almost 10 times the profit…
Absolutely! Vote Obama for the end of the war on terror and the beginning of the war on Capitalism.
Heck yes.
Tax them all.
Big business is evil.
In a truly socialist society there would be no privately owned big businesses, in fact the peoples commissar of beverages would outlaw them
Now you understand what the DNC is all about is just taxing people.
Don’t believe me look up the most tax city in the U.S. and that would be Chicago a DNC liberal run town.
If I chose to, I could go without soda. I could buy non-cola products. I could buy from other companies, or find suppliers that sell Coke or Pepsi for lower than supermarkets. I need gas, and I can’t find it for less than $4.29 a gallon around here. Thus, for a product I need, there are not sources that can supply it to me for lower prices than the big companies are asking. That is the difference between a truly free market and an effective monopoly.
Given the huge profits the oil companies are reaping, without a proportionate increase in sales, one would have to say that they’re artificially raising prices, using the increase in oil prices as an excuse to generate higher profits than warranted.
Hysterical! You get a “star!”
When Americans HAVE to depend upon Pepsi or Coke to live their daily lives, then yes.
Artificially inflating the cost of something Americans NEED in order to survive is wrong.
I can make a choice not to buy Coke or Pepsi and my life doesn’t change that much.
If I choose not to buy gas, I can’t get to work and I lose my job.
No one has to have a gallon of coke to get to work, so come up with a better comparison.
And for once, can you back up your statements with some evidence. That’s something you NeoCons always seem to forget. What did you have to do to get through school, cheat off of someone else’s work?
That’s what I say, but it wouldn’t do any good. All you’re looking for is someone to stroke your tiny little *** pee in the hopes that mutual hatred will make it seem bigger.
I don’t care, I mostly drink filtered tap water nowadays. Face facts they’re using muni water supplies like the rest of us, and do we know they are filtering? I’m waiting for outbreak of something in the bottled and canned colored sugar water they sell in stores next. I might be waiting a long time, but it will not surprise me.
um, I dont know about you, but my car does not run on coke or pepsi. We are NOT in danger of running out of caffine, and ANY one can make a soda, not ANY one can own an oil rig. Your question has no merit. next!
Let me know when you have to choose between a can of coke and dinner….
Seriously though, this is a retarded question at best. If you cannot understand the difference between the oil issues and “frivolous” profits from other corporations, then I truly wouldn’t even know where to start.
Yeah, flat percentage taxes on corporations is what causes inflation….that makes perfect sense! Somebody needs to go back to school and learn something instead of assuming everything.
You trip me out Thomas
Good point and it goes to show the hypocrisy of not only the DemonCrats but the Republicans who haven’t learned basic economics and are blindly following along. There is no political capital involved when it comes to “Big Soda” , so for now I think they are safe.
Aw yes fellow liberal.We must stop the evil corporations from ruining our virgin minds!TAX THE SODA COMPANIES!!!!!!!!!!!
NO FAT FOR CAFFEINE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Never mind I could just stop drinking said product.We have to tax it or how else are we going to feed the black people in Compton?Sure,they don’t want jobs but come on we can’t let them starve that would be inhumane!!!!!!!!!!And seriously who thinks taxes are high?THEY ARE LOW.I mean what was our corporate tax rate,60% or something like that?Come on there’s still money in them there companies!!!!!!!!!
Soda is not necessary to daily life. Needing gas to get to work is, the price of food is ties to the price of gas/diesel, the price of utilities is tied to the price of oil, etc. Good try, but no comparison in my opinion. Purchase of soda is an elective purchase, but not the other itrems I have listed.
Yes, great idea
If the liberals had their way. We already have the 2nd highest corporate taxes in the world which accounts for our industry and jobs going abroad. Lets see if we can force Coke and Pepsi to sell out to foreigners like Anheuser- Busch. Its all about power, high taxes and big government so that the American people are kept under their thumbs.
I love your questions – you are a thinker! Can’t wait to see what the Obamans say.