[mlassoff]

Originally Posted by JViello

As you are playing to your master - Obama. (Unless you just randomly picked 250K. )

My master? No I just happen to agree with the number.

There are plenty of areas where I STRONGLY disagree with Obama. I am frustrated with Obama to the point where I would likely support a primary challenger.

If I had said $300,000 would my point have somehow been more valid to you?

[mlassoff]

Originally Posted by JViello

Whiiiiich makes the company less attractive to investors, capital funding disappears, layoffs ensue, product suffers, and the company ends up in chapter 13 with it's hand out because it's too big to fail.

That's hysteria.

That is not what happened in times of higher corporate taxes at all.

That is not what happens in countries that tax corporations more (either through higher rate or very limited deductions.)

But again, if you want to protect the corporations so badly, I really don't think you should complain about paying more yourself.

[JViello]

Originally Posted by mlassoff

If I had said $300,000 would my point have somehow been more valid to you?

At least I would know it came from you.

[Tetto]

For those of you that feel as Mark does, you can go here and give till you feel good!

It's so much better to give your own $$$ than to advocate the confiscation of others'.

[nep321]

58% of CT residents have considered moving out of CT due to the tax increases! And Malloy's approval rating is 50%.

Malloy's Proposal To End Property Tax Credit Opposed In Poll; Survey Shows Support For Spending Cuts, Opposition to Tax Hikes; Malloy's Early Approval Rating Is 50 Percent - Capitol Watch

[HeadedWest]

Originally Posted by mlassoff

Show me one instance of me saying "I believe in high taxes."

Here you are:

I believe in higher taxes for those with incomes over $250,000 and corporations. Elimination of corporate tax loopholes so corporations pay their share. Are you really against my plan that would likely LOWER your taxes.

It wouldn't lower my taxes with the current CT administration in power.

Their higher taxes can also be absorbed by simply less profitability.

Lower profits will drive the stock price down; if they are lowered enough, at some point the company is vulnerable to a hostile takeover, which generally results in de facto liquidation.

What I am advocating benefits you.

I'm afraid I disagree. Fun to think we can extract the funds out of "the rich" and "the evil corporations" but it doesn't work out like that. Going into serious redistribution mode squashes creativity and entrepreneurship more than it benefits people with transfer payments.

So, we agree that we disagree.

[basehead617]

Originally Posted by HeadedWest

I'm afraid I disagree. Fun to think we can extract the funds out of "the rich" and "the evil corporations" but it doesn't work out like that. Going into serious redistribution mode squashes creativity and entrepreneurship more than it benefits people with transfer payments.

So by that thinking, the countries with the lowest corporate tax rates and fewest regulations should be the list of the countries with the most innovative and entrepreneurial corporate sectors?

Beyond tax havens that aren't really countries at all, I don't see that.

Innovation is still happening at an alarming rate, in this country and in other similarly taxed countries.

Look up some countries you think are 'overtaking' the U.S. in any respect, you may be surprised at what their corporate tax rates actually are.

[JayCT]

Originally Posted by nep321

58% of CT residents have considered moving out of CT due to the tax increases!

No, 58% have considered moving due to high taxes, not because of this increase. There is a difference. Jay

[HeadedWest]

Originally Posted by basehead617

So by that thinking, the countries with the lowest corporate tax rates and fewest regulations should be the list of the countries with the most innovative and entrepreneurial corporate sectors?

No, because the problem has more than one dimension.

Innovation is still happening at an alarming rate, in this country and in other similarly taxed countries.

Yeah, you can tell by the rate of job expansion.

Look up some countries you think are 'overtaking' the U.S. in any respect, you may be surprised at what their corporate tax rates actually are.

According to The Tax Foundation - U.S. States Lead the World in High Corporate Taxes
the US is #2 only to Japan in total tax rates. The US combined rate is (averaged over all the states) over 39%. In contrast, socialist Sweden is only 28%.

Since the above article was written in 2008, Sweden reduced their corporate taxes further to boost competitiveness.

[bobtn]

HeadedWest:"I'm afraid I disagree. Fun to think we can extract the funds out of "the rich" and "the evil corporations" but it doesn't work out like that. Going into serious redistribution mode squashes creativity and entrepreneurship more than it benefits people with transfer payments."

Amen. Income Rediistribution has been practiced in Ct the entire 22 year period of NO net job creation. Its quite an achievement ranking below Michigan in job growth; analigious to finding an NBA team worse than Cleveland.
Insanity is the act of trying the same thing again and again, and expecting different results.