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It's about time. Time for working class people to stand up for themselves.
There are plenty of people (a majority in fact) of working people who are not part of unions and who are being directly damaged economically by these union theatrics.
And how does corporations paying tax to the Fed government help states who have to fund their education ?
Local taxpayers pay for their education via state/property taxes.
The Fed sends some money but revenues are down all over.
What do they do when revenue is down ?
It's either tax the residents more or start cutting.
You can't ask GE to pay for Ohio's teacher pensions.
You could significantly lower payroll taxes if federal government could collect taxes from where it is supposed to collect. That would leave more money in everyone's pocket hence more demand for everything. States will be able to collect enough revenue with the same rates.
And how does corporations paying tax to the Fed government help states who have to fund their education ?
Local taxpayers pay for their education via state/property taxes.
The Fed sends some money but revenues are down all over.
What do they do when revenue is down ?
It's either tax the residents more or start cutting.
You can't ask GE to pay for Ohio's teacher pensions.
Lots of corporations with multistate operations are able to use tax avoidance strategies to avoid paying state taxes, like incorporating in no tax states even if their operations are elsewhere. Both states and the feds need to take a long hard look at the loopholes. I'm all for lowering the corporate tax rate if the loopholes are closed.
You could significantly lower payroll taxes if federal government could collect taxes from where it is supposed to collect. That would leave more money in everyone's pocket hence more demand for everything. States will be able to collect enough revenue with the same rates.
Payroll taxes were lowered.
When the Bush cuts got extended, Obama was able to get payroll taxes lowered. So there is more money in people's pocket. On the same note though there is less money going to DC to fund SS.
Hopefully this is the begining of the end of public employee unions.......
Has to be an end to them, they cost us more than all the social programs.
They were in a monopoly situation where they get to bribe politicians with hundreds of millions (gotten from tax payers) to then get raises, benefits and retirements fit for kings.
Dirty stuff, like the city of Bell, all over the country.
There are plenty of people (a majority in fact) of working people who are not part of unions and who are being directly damaged economically by these union theatrics.
Good grief--where do you come up with this stuff? State government isn't shut down--people are still getting their driver's licenses and taxes are being processed--it's just the general assembly, and the budget bills don't have to be passed until June. I tend to think that the fewer bills they pass, the better.
Lots of corporations with multistate operations are able to use tax avoidance strategies to avoid paying state taxes, like incorporating in no tax states even if their operations are elsewhere. Both states and the feds need to take a long hard look at the loopholes. I'm all for lowering the corporate tax rate if the loopholes are closed.
Well that's an IRS problem and many acknowledge taxes need an overhaul but no one ever wants to do it. Congress can't even fix the AMT and just emergency bandaid it every year.
Well that's an IRS problem and many acknowledge taxes need an overhaul but no one ever wants to do it. Congress can't even fix the AMT and just emergency bandaid it every year.
Individual states can fix those loopholes for state taxes, but you're right--they can't fix the federal taxes.
Originally Posted by seren77
States are bankrupt because there is no middle class to pay taxes.
There is no middle class left because we were told unions are bad and they must be broken.
We are reduced to millionaires and billionaires on one hand, frequent walmart shoppers on the other.
How do you define middle class and where in the heck do live that you believe America has no middle class left?
Do you think WM got to where it is by catering to poor people?
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