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Lack of revenue comes to mind as an answer.
Greece, Italy and Spain all are enacting stiffer austerity measures and no stone is being left unturned when it comes to cuts. It's mandated as part of their bailout packages.
It's ALL money. If their governments have a lack of revenue to pay for health care, then in your US system it would basically be the same only it's the citizens who have a lack of revenue to pay for healthcare. It makes no difference who is paying for it. In fact it's better if the government pays for it because they can do it cheaper than what the USA can.
What do you do when corporations get most of their profits from sales in other countries ?
They do pay taxes in those countries you know. You want some of that money too ? Well you do get some but not alot.
The US is not the epicenter for multi-national revenues anymore.
This is all BS. Americans don't care about the poor and would put them all into the ground if they could get away with it. America is a ruthless society, everyone for himself and damn anyone who needs help. So stop with all the phony BS.
What America is all about; to accumulate as much materialism (greedily and selfishly) as you can without any regard for anyone else. Woe to anyone who doesn't understand this.
It's ALL money. If their governments have a lack of revenue to pay for health care, then in your US system it would basically be the same only it's the citizens who have a lack of revenue to pay for healthcare. It makes no difference who is paying for it. In fact it's better if the government pays for it because they can do it cheaper than what the USA can.
And how does a government get their money ? Via taxes and if tax revenue goes down then services have to be cut.
Nothing is free and the government does not produce money.
I am far from a tax attorney or finance whiz by any means but when we have huge corporations that take their profits overseas to avoid paying taxes we have a problem. when you get famous quotes from rich people like the late leona hemsly "only poor people pay taxes" we have a problem. we are off kilter in how we tax and the burden is on the middle class and it shouldn't be so one sided.
The facts stand on their own. Reagan reduced the top marginal rate and revenue was unchanged.
Congratulations on that first step towards recognizing the realities. I must admire your admittance, to go from "revenue increased" to "revenue was unchanged".
The problem then is, why did it remain unchanged when the economy and the population grew?
Why do Democrats have this love affair with class warfare? So much, they invent fraudulent sayings like the "rich don't pay their fair share" and can't stand that someone actually used his brains to make himself successful. Is it because they are jus trying to buy votes? Or do they hate someone who is not under the control of the government hand?
So the big corporations and their lack of paying taxes has everything to do with the common person how? It is basically the lawmakers and corrupt politicians allowing these tax loop holes to exist so they can conveniently profit from them. what does having something in common with the common person have to do with the fairness of paying their fair share. besides the corporations, the owner, the CEO, CFOs, the stock holders are people and someone is making HUGE money. they should pay their fair share period. the laws need to be changed.
Conservatives obviously want to help the person who is down since they donate more to charity every year and don't expect the government to do so. As it has been said in the past "poor people have been voting for the Democrats for a long time, and they are still poor". I would say that the corporation that makes money has more of a benefit to employing people and helping people invest for their retirement than the government just handing out money.
gee big corporations are still raking in huge profits and our unemployment rate is in the crapper, so much for the largess of big corporations helping the little people.
I am far from a tax attorney or finance whiz by any means but when we have huge corporations that take their profits overseas to avoid paying taxes we have a problem. when you get famous quotes from rich people like the late leona hemsly "only poor people pay taxes" we have a problem. we are off kilter in how we tax and the burden is on the middle class and it shouldn't be so one sided.
No, they MAKE their profit overseas. It's when they bring it back they have to pay taxes on it.
That would be tax fraud if they took US profits and just sent them to a foreign subsidiary.
What they are getting here are huge tax breaks and credits against their US revenue. GE is an excellent example.
Democrats believe in class warfare as much as Adam Smith did, over two centuries ago:
"Is this improvement in the circumstances of the lower ranks of the people to be regarded as an advantage or as an inconveniency to the society? The answer seems at first sight abundantly plain. Servants, labourers, and workmen of different kinds, make up the far greater part of every great political society. But what improves the circumstances of the greater part can never be regarded as an inconveniency to the whole. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."
- Wealth of Nations, Book 1, Chapter 8
Or, as a Real American would call someone suggesting the same today... "Damn Socialist".
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low-brow comedy?
