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Old 02-26-2016, 06:29 PM
 
Location: Maryland about 20 miles NW of DC
6,105 posts, read 5,972,095 times
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Can any Republican provide a cogent answer to how would tax cuts mostly focused on our 0.1% create any new jobs or opportunities for the other 99.9% of Americans when it is given that investing that money in China, or any other BRICS or newly emerging nation is really their best option to invest their money - a much better option . Given that (1) investments overseas have a better return and our 0.1% has financed much of Chinas rise to #1 place in manufacturing , (2) nations like China and soon India have superior infrastructure mostly built since 1990,(3) education has caught up in such nations and China graduated 3 times the number of STEM graduates as the USA and we compound the problem by training their best at our best Universities and National Labs (Chinese students now earn 2/3 of the Ph.Ds in Physics, Chemistry and many engineering fields) There is now no problem getting highly skilled science professionals in China and at 1/4 the cost , (4) the prospects for sales overseas in most of these nations is much greater than in the USA. It makes no sense to make goods here and ship them to China and eat the cost of shipping it and (5) The cost of doing business is simply less much less than any tax cut.


The floor is open!
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Old 02-26-2016, 06:39 PM
 
29,982 posts, read 18,554,412 times
Reputation: 20758
Quote:
Originally Posted by mwruckman View Post
Can any Republican provide a cogent answer to how would tax cuts mostly focused on our 0.1% create any new jobs or opportunities for the other 99.9% of Americans when it is given that investing that money in China, or any other BRICS or newly emerging nation is really their best option to invest their money - a much better option . Given that (1) investments overseas have a better return and our 0.1% has financed much of Chinas rise to #1 place in manufacturing , (2) nations like China and soon India have superior infrastructure mostly built since 1990,(3) education has caught up in such nations and China graduated 3 times the number of STEM graduates as the USA and we compound the problem by training their best at our best Universities and National Labs (Chinese students now earn 2/3 of the Ph.Ds in Physics, Chemistry and many engineering fields) There is now no problem getting highly skilled science professionals in China and at 1/4 the cost , (4) the prospects for sales overseas in most of these nations is much greater than in the USA. It makes no sense to make goods here and ship them to China and eat the cost of shipping it and (5) The cost of doing business is simply less much less than any tax cut.


The floor is open!
They don't.

See Trump's tax plan. Trump cuts taxes for EVERYONE, except the uber rich who have avoided taxes. The Clintons and John Kerry are good examples of those who would have to pay more taxes.

In addition to individual cuts, Trump plans to cut corporate taxes to intice business to the US. That, coupled with dumping NAFTA, Pac Rim, and China trade status will bring jobs to America. Couple that with preventing cheap, slave labor from coming to the US illegally and you have a winning situation for the middle class.

Democrats WANT MORE POOR PEOPLE to increase the size of thier constituency. Therefore, democrat/liberal policy has been designed to lower incomes and increase unemployment (NAFTA, China trade, Pac Rim, open borders, high corporate taxes, high regulations, class action law suits.

All liberal policies are done under the guise of "good intent", but are nefarious in actual intent- destroy the middle class. Dems/libs are the worst enemy of the middle class. Ask any former union factory worker or coal miner.

If you want someone who is "all in" for Wall Street, vote for Hillary. She is bought and sold by them. If you really believe that she is not influenced by all the money given to her by Wall Street, then you are completely blind and have no hope. Do you really believe that Wall Street bankers would shell out millions in political support if it did not pay off???????
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Old 02-26-2016, 06:43 PM
 
Location: Great State of Texas
86,052 posts, read 84,253,512 times
Reputation: 27718
Quote:
Originally Posted by mwruckman View Post
Can any Republican provide a cogent answer to how would tax cuts mostly focused on our 0.1% create any new jobs or opportunities for the other 99.9% of Americans when it is given that investing that money in China, or any other BRICS or newly emerging nation is really their best option to invest their money - a much better option . Given that (1) investments overseas have a better return and our 0.1% has financed much of Chinas rise to #1 place in manufacturing , (2) nations like China and soon India have superior infrastructure mostly built since 1990,(3) education has caught up in such nations and China graduated 3 times the number of STEM graduates as the USA and we compound the problem by training their best at our best Universities and National Labs (Chinese students now earn 2/3 of the Ph.Ds in Physics, Chemistry and many engineering fields) There is now no problem getting highly skilled science professionals in China and at 1/4 the cost , (4) the prospects for sales overseas in most of these nations is much greater than in the USA. It makes no sense to make goods here and ship them to China and eat the cost of shipping it and (5) The cost of doing business is simply less much less than any tax cut.


The floor is open!
It wouldn't. Companies "create" jobs. The government "creates" jobs.

Giving people breaks on their individual income taxes just gives them more money to spend.

That, my friend, is economics 101
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Old 02-26-2016, 06:47 PM
 
79,907 posts, read 43,979,049 times
Reputation: 17189
Who is arguing for this?
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Old 02-26-2016, 06:48 PM
 
3,271 posts, read 2,176,755 times
Reputation: 2458
Quote:
Originally Posted by mwruckman View Post
Can any Republican provide a cogent answer to how would tax cuts mostly focused on our 0.1% create any new jobs or opportunities for the other 99.9% of Americans when it is given that investing that money in China, or any other BRICS or newly emerging nation is really their best option to invest their money - a much better option . Given that (1) investments overseas have a better return and our 0.1% has financed much of Chinas rise to #1 place in manufacturing , (2) nations like China and soon India have superior infrastructure mostly built since 1990,(3) education has caught up in such nations and China graduated 3 times the number of STEM graduates as the USA and we compound the problem by training their best at our best Universities and National Labs (Chinese students now earn 2/3 of the Ph.Ds in Physics, Chemistry and many engineering fields) There is now no problem getting highly skilled science professionals in China and at 1/4 the cost , (4) the prospects for sales overseas in most of these nations is much greater than in the USA. It makes no sense to make goods here and ship them to China and eat the cost of shipping it and (5) The cost of doing business is simply less much less than any tax cut.


The floor is open!
So what is your solution? To raise taxes and expedite the exodus of US manufacturing? To accumulate even more debt that you and your children, and your children's children will be responsible for paying off?

You cannot continue to run from your problems.
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Old 02-26-2016, 06:50 PM
 
Location: Great State of Texas
86,052 posts, read 84,253,512 times
Reputation: 27718
Quote:
Originally Posted by Jobster View Post
So what is your solution? To raise taxes and expedite the exodus of US manufacturing? To accumulate even more debt that you and your children, and your children's children will be responsible for paying off?

You cannot continue to run from your problems.
The poster is not talking about corporate taxes. The poster is talking about individual taxes.

The 1% and the 99%...those are individuals.
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Old 02-26-2016, 06:54 PM
 
3,271 posts, read 2,176,755 times
Reputation: 2458
Quote:
Originally Posted by HappyTexan View Post
The poster is not talking about corporate taxes. The poster is talking about individual taxes.

The 1% and the 99%...those are individuals.
I'm referring the democratic solution.

By raising taxes, they are also destroying the middle class by increasing the demand for automated processes, so that small businesses can become more profitable through the reduction of human capital.
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Old 02-26-2016, 07:11 PM
 
Location: Great State of Texas
86,052 posts, read 84,253,512 times
Reputation: 27718
Quote:
Originally Posted by Jobster View Post
I'm referring the democratic solution.

By raising taxes, they are also destroying the middle class by increasing the demand for automated processes, so that small businesses can become more profitable through the reduction of human capital.
Not one Democrat nor Republican has called for an overhaul of Corporate Taxes.
Oh sure they'll go to the press about "closing loophole" but nothing is ever done by either side.
They aren't stupid..that is the hand that feeds them.

It's always about Individual taxes.
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Old 02-26-2016, 08:36 PM
 
Location: MS
4,396 posts, read 4,894,284 times
Reputation: 1559
Quote:
Originally Posted by HappyTexan View Post
Not one Democrat nor Republican has called for an overhaul of Corporate Taxes.
Oh sure they'll go to the press about "closing loophole" but nothing is ever done by either side.
They aren't stupid..that is the hand that feeds them.

It's always about Individual taxes.
Have you looked at Ted Cruz's tax plan? Details and Analysis of Senator Ted Cruz
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Old 02-26-2016, 08:55 PM
 
Location: Great State of Texas
86,052 posts, read 84,253,512 times
Reputation: 27718
Quote:
Originally Posted by Robert_J View Post
Have you looked at Ted Cruz's tax plan? Details and Analysis of Senator Ted Cruz
Does Cruz plan to become dictator and bypass Congress ?

Because it's Congress, not the President that makes laws.

Haven't you learned yet that these lofty promises by Presidential hopefuls are things they CANNOT do ?
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