Romney: "Obama supporters are dependent on the government"

[Irving]

As I understand it, there is no gunshow loophole in this State. I don't spend a lot of time at gunshows though, and I'm not crystal clear on what that term is all about. I think it means in some States, those who could not ordinarily purchase a gun legally, can do so at a gunshow, thereby circumventing the law.

I'll try not to derail the thread, but the "gunshow loophole" is a reference to just the regular law. In this state, you do not have to go through a background check to purchase a firearm from an individual, non-ffl. Many vendors at gunshows are just guys that show up to sell something and don't have an FFL. So, anti-gun people found out that you could go to a gunshow and purchase a firearm without having to complete a background check. They ignored the fact that you have NEVER had to complete a background check to purchase a firearm from an individual, and you still don't. Yet, they attributed this simple part of the law as some kind of work around where criminals could buy guns without a background check just because it occurred at a gunshow. They called it a loophole, but it is really just the law.

Corporations don't have to pay taxes on any money except what is left over at the end of the year. It is not a loop hole, it is the way that the law describes how corporations operate. As a result, corporations spend as much money as they can through investments, to lower the profits as much as possible before the taxes are due. If there are still a lot of profits left, then corporations move to alternative means of getting rid of profits by donating to charities, creating scholarships, etc. It's not a loophole, it's the law.

I also agree that you and I are on the same page, however, I feel that the government debt issues are the result of spending more than is available, and not that corporations are paying too little taxes. Think of it this way, when corporations try to ditch profits by making purchases through investments, donating to charities, and setting up scholarships, they are placing that money DIRECTLY into the economy, and sometimes DIRECTLY into the hands of the people. Why would we want to filter that money through the government first, where it will just get siphoned off into endless regulation, redtape, redundant policies and personnel, etc, etc?

Look, I'm with you. I think the entire system is fucked up. If I had a better answer, I'd be campaigning for office instead of debating the topic on an internet forum late at night. I'm just trying to live within the system which is in place, which leads me to start bitching about its inefficiencies. If you've got a solution, I'm all ears. If you think what we're doing now is working just fine, you aren't paying attention.

Again, I think that for the most part, most of us are all on the same page here. I'd be okay with having just one tax. If it is income tax, then no other taxes. No property tax, no sales tax, no gas tax, no death tax.