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Old 05-13-2011, 04:22 PM
 
Location: North America
5,936 posts, read 4,669,977 times
Reputation: 1924

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Dear progressives:

Imagine your an evil rich person who hires and fires people at an evil private company.

You want to tax the bejeezus out of this awful rich guy because its not fair that he has so much money.

But you also want him not to pick up and move his company to a low tax country like Singapore because those fat union jobs (and union due$) would disappear too, thus making the union bosses less powerful.

Can't you see the bind Mr. evil entrepreneur is in?

Maybe in his cold, black heart there is a spark of warmth. Perhaps he would like to remain in New York or California but the 35% corporate tax rate (passed by liberals in the state legislature who receive massive campaign funds from unions) makes it impossible for him to compete with other companies. (I know in your utopian world there is no economic competition and the State decides which favored company shall prevail, but bear with me...)

Why not lower taxes a bit so he can bring those jobs back to America. Sure that would be a little less money with which the Democratic party can play with and dole out to favored special interests but why chase him away with taxes?
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Old 05-13-2011, 04:26 PM
 
10,606 posts, read 12,140,984 times
Reputation: 6500
Quote:
Originally Posted by clb10 View Post
Why not lower taxes a bit so he can bring those jobs back to America. Sure that would be a little less money with which the Democratic party can play with and dole out to favored special interests but why chase him away with taxes?
Because we already know that they won't bring those jobs back because Americans won't work for 65 cents an hour.

What I wouldn't mind seeing is to promise tax breaks to corporations who actually DO hire U.S. workers for the majority of their workforce. If they still refuse to do it (because lets face it--besides our cost of living here, the employer also has to pay "benefits" to US workers), then they lose the tax breaks/incentives.

Last edited by ChristineVA; 05-13-2011 at 04:35 PM..
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Old 05-13-2011, 04:30 PM
 
50,659 posts, read 26,726,952 times
Reputation: 15849
Taxing rich people and having relatively full employment isn't mutually exclusive. Plenty of nations have pulled it off....including this one.
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Old 05-13-2011, 04:40 PM
 
Location: North America
5,936 posts, read 4,669,977 times
Reputation: 1924
Quote:
Originally Posted by ChristineVA View Post
Because we already know that they won't bring those jobs back because Americans won't work for 65 cents an hour.

What I wouldn't mind seeing is to promise tax breaks to corporations who actually DO hire U.S. workers for the majority of their workforce. If they still refuse to do it (because lets face it--besides our cost of living here, the employer also has to pay "benefits" to US workers), then they lose the tax breaks/incentives.
Your idea is just fine...

...but it is a non-starter for liberal politicians to put "tax breaks" and "businesses" in the same proposal.
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Old 05-13-2011, 04:59 PM
 
Location: Rational World Park
4,999 posts, read 3,884,479 times
Reputation: 2372
Quote:
Originally Posted by clb10 View Post
Your idea is just fine...

...but it is a non-starter for liberal politicians to put "tax breaks" and "businesses" in the same proposal.
That's totally not true, Obama's budget had plenty of incentive based tax breaks for small businesses. You just want everybody to join you in bending over for oil companies and conglomerates that could care less about American jobs and will always seek tax shelters and loopholes.
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Old 05-13-2011, 04:59 PM
 
2,926 posts, read 5,313,062 times
Reputation: 1502
I will never understand why conservatives in this country are so in love with the rich.
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Old 05-13-2011, 05:03 PM
 
Location: North America
5,936 posts, read 4,669,977 times
Reputation: 1924
Quote:
Originally Posted by Majin View Post
I will never understand why conservatives in this country are so in love with the rich.
Because we have never seen a poor person hire someone.
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Old 05-13-2011, 05:05 PM
 
2,926 posts, read 5,313,062 times
Reputation: 1502
Quote:
Originally Posted by clb10 View Post
Because we have never seen a poor person hire someone.
And the relevance is? How many people are the rich hiring now? We are at the lowest tax rates in 70 years, where are the jobs?
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Old 05-13-2011, 05:05 PM
 
Location: North America
5,936 posts, read 4,669,977 times
Reputation: 1924
Quote:
Originally Posted by Frozenyo View Post
That's totally not true, Obama's budget had plenty of incentive based tax breaks for small businesses. You just want everybody to join you in bending over for oil companies and conglomerates that could care less about American jobs and will always seek tax shelters and loopholes.
Gee, I wonder why Obama felt the need to add tax incentives?

After all he does have a long history of independently supporting entrepreneurship and the idea that "The Business of America is Business".

Right?
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Old 05-13-2011, 05:06 PM
 
29,752 posts, read 16,443,859 times
Reputation: 13825
Quote:
Originally Posted by Majin View Post
I will never understand why conservatives in this country are so in love with the rich.
I'll never understand why people think the government knows best.
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