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There are at least 3 threads on the first page attributing the plight of workers or the weaker economy to Obama. What? How is the President responsible for a business' decisions on when to hire or how much to pay? The most the President can do is create an environment for business to be successful & profitable... which the current environment is.
The fact is the current economic conditions in America are EXACTLY what Conservative policies lead to. In fact, I can't think of a SINGLE Conservative policy that would reverse the current trend. I've even asked Conservatives on here for their examples. Nothing.
I don't understand how you can be FOR offshoring jobs, importing workers and AGAINST minimum wages, collective bargaining and be surprised that the result is an America where the majority are affected by stagnating wages, and less disposable income.
So are Conservatives being deceptive when they complain about the conditions they asked for? Are they too obtuse to see the cause & effect relationship of their agenda? Or are they serious when they blame Democrats for Republican actions?
You make a good point. But I don't think it is really fair to called "importing workers" a conservative policy. That is a strictly pro-business policy.
Page 88 and page 165they have the US tax liabilities, the subsidiaries would get reported on different statements in the countries they are based in. [SIZE=1][SIZE=1][LEFT]Reconciliation of U.S. Federal Statutory Income Tax Rate to GE Effective Tax Rate,[/LEFT]
Excluding GECC Earnings [/SIZE][/SIZE]
You make a good point. But I don't think it is really fair to called "importing workers" a conservative policy. That is a strictly pro-business policy.
Accrual accounting is not tax accounting.
Accrual accounting is not tax accounting.
Accrual accounting is not tax accounting.
For the most part:
Under accrual accounting you book profits as they are earned and is used for investors and stakeholders. Tax accounting is based on when you receive the money and is used for the government.
Actually the tax code recognizes three different accounting methods (excluding several specialized methods like the installment sales method used to recognize installment sale transactions occurring over the course of several years):
1. cash accounting where income is recognized when you receive the money and expense occur when you spend the money (this method is used by most individual taxpayers and some small businesses).
2. Accrual accounting method where income is recognized when it is earned (as opposed to when you actually receive the compensation) and expenses. C corporations (all publicly traded corporations are c corporations) are usually required to use the accrual method of accounting and cannot use the cash method of accounting.
3. Hybrid cash-accrual accounting method (generally, accrual accounting for inventory purposes and cash accounting for other purposes).
The fact that companies are the most profitable they've every been, the top percentiles are earning more & gaining wealth, and the stock market is at record highs disproves your point.
the stock market is high because it is way over bought, what with the fed pumping money into the markets and all. as for hiring, do you realize what it costs to hire an employee these days? the minute an new employee is hired, and if the company doesnt provide health insurance that is approved by obama and company, the company is in the hole $2000 right off the bat. then there is the cost of training the new employee, and paying them, among other things. in the end its costs a lot of money to hire a new employee, and small businesses, the ones that do the large majority of the hiring, cant afford to hire new employees right now. as for big business, the ones making those record profits, already have enough employees in their operations. business is not for putting people to work. the purpose of a business is to make money, and if that means they need to hire some employees to do that, then so be it, it is a cost of doing business. but when the economy is in the shape that ours is in right now, and there is no certainty for the future, then it is a bad business decision to hire new employees unless you need them.
There should be no minimum wage. People should be paid what the market says they are worth.
That's not deceptive. That's the facts. We don't need government telling business what to pay people.
fine, we also don't need government granting businesses privileges like the right to incorporation, protection of intellectual property, and enforcement of contracts. If businesses want to be able to incorporate, then they should be required to pay a living wage to their employees. Otherwise, their business operation isn't in the public interest.
fine, we also don't need government granting businesses privileges like the right to incorporation, protection of intellectual property, and enforcement of contracts. If businesses want to be able to incorporate, then they should be required to pay a living wage to their employees. Otherwise, their business operation isn't in the public interest.
Yea, go ahead and raise pay rates and companies will raise prices. In the end, you end up in the same place. It is up to you to increase your own education to improve your marketable skills that is worth more money OOOORRRRR since Obama think he built that, get Obama and company to help you build that business.
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