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Imagine your an evil rich person who hires and fires people at an evil private company.
You want to tax the bejeezus out of this awful rich guy because its not fair that he has so much money.
But you also want him not to pick up and move his company to a low tax country like Singapore because those fat union jobs (and union due$) would disappear too, thus making the union bosses less powerful.
Can't you see the bind Mr. evil entrepreneur is in?
Maybe in his cold, black heart there is a spark of warmth. Perhaps he would like to remain in New York or California but the 35% corporate tax rate (passed by liberals in the state legislature who receive massive campaign funds from unions) makes it impossible for him to compete with other companies. (I know in your utopian world there is no economic competition and the State decides which favored company shall prevail, but bear with me...)
Why not lower taxes a bit so he can bring those jobs back to America. Sure that would be a little less money with which the Democratic party can play with and dole out to favored special interests but why chase him away with taxes?
Oh boy.
You're making a significant error with your debate. You're assuming the total worst of either situation. You see, we can't tax our way out of this recession and balance the budget with just tax increases. We can also not keep things status quo, or lowering taxes on corporations and individuals.
We shouldn't do one or the other, we should do a little bit of both.
You close some of the tax loopholes, and then you cut spending to entice new jobs to come back here. Many corporations are finding out that the outsourcing isn't all it was cracked up to be.
Let me explain something to you. I'm not a liberal. I have voted straight republican for years until recently. I'm 54 years old and never in my life have I seen such arrogance from the republican party. The republicans blew it in 2006 and soon lost both houses. Why is that? When Bush told the American people they need to fork over a trillion dollars to Wall Street that was it--fast forward Obama is president. Now the Dems do squat for a couple of years and a group of stiff republicans win the house because the Dems were shmucks. For some strange reason the republicans seem to think the US has given them approval of the way they handled this country during the later Bush years. They are wrong and will lose in short order if they persist in continuing to hand over America's wealth to the very wealthy, at the same time cut benefits paid for years by American workers. This smells like the eventual moving of our money into wall street one way or another. I can't prove none of this but will tell you I've always had knack in smelling out a rat. There is no doubt ulterior motives are afoot.
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Wow, I can't believe I am actually reading this from a live long republican. Why aren't there more people like you? Why do 95% of republicans parrot the same garbage you hear from the OP?
I will never understand why conservatives in this country are so in love with the rich.
And I will never understand why liberals have so much hate for them.
People are people. How much money one has doesn't define who they are or if they're a "good" or "bad" person.
I favor neither rich people nor poor people, but I do believe that people should get to keep as much as they can of what they earn, and for that, some on this board make wild accusations about what they think I believe.
you really haven't got a clue... big business has run all over the middle class, there really isn't much more to take. They already hold almost all of the wealth in this country.
now you wanta de-regulate them even more, if we only remove all regulation and they will START to create all those promised jobs, is that what you believe?
Quote:
Originally Posted by clb10
Of course not!
Lowering taxes is a START.
You have to lower choking regulations as well.
THINK.
If you are a business owner what would YOU do?
Please liberals, TAKE A BUSINESS CLASS!
fyi, you are NEVER going to catch up with that carrot, they made stick too long.
there is a direct correlation between how much added wealth the uber wealthy has accumulated in the last 30 years and how much their taxes have been reduced in those years.
The redistribution of wealth upward has little to do with them being creative or being better at what they do, rather it has everything to do with how they have shifted their tax burden onto those "BELOW" them.
Quote:
Originally Posted by swagger
And I will never understand why liberals have so much hate for them.
People are people. How much money one has doesn't define who they are or if they're a "good" or "bad" person.
I favor neither rich people nor poor people, but I do believe that people should get to keep as much as they can of what they earn, and for that, some on this board make wild accusations about what they think I believe.
no, EVERYONE should pay their fair share to support this country, it is because of this country that most of them are wealthy. The wealthy have NOT been paying their fair share.
You want to tax the bejeezus out of this awful rich guy because its not fair that he has so much money.
Why not lower taxes a bit so he can bring those jobs back to America.
You have a very simplistic view of business. Those jobs aren't coming back. Hiring is almost 100% tied to demand and consumer strength...not taxation. The great tramsfer of wealth to America's elite has been bad for business. We need the 98% to consume!
BTW, I am not against lowering the corporate tax rates and making the "bigs" pay their fair share. But just so you know, a lower rate and closing loopholes would be a tax increase on America's major employers.
there is a breaking point, if you keep transferring wealth to the wealthy ACCUMULATORS/SAVERS and away from the the consumers the economy will grind to a halt. The velocity of money is reaching a dangerous low level.
Quote:
Originally Posted by ozzie679
You have a very simplistic view of business. Those jobs aren't coming back. Hiring is almost 100% tied to demand and consumer strength...not taxation. The great transfer of wealth to America's elite has been bad for business. We need the 98% to consume!
BTW, I am not against lowering the corporate tax rates and making the "bigs" pay their fair share. But just so you know, a lower rate and closing loopholes would be a tax increase on America's major employers.
I think you mean 9% unemployment, which is almost double of normal levels of unemployment... thanks to wal-mart, apple, ibm, ge, etc etc.
Could you give us a time period when the US had a "normal level of unemployment" by your standard? Thanks.
Quote:
no, EVERYONE should pay their fair share to support this country, it is because of this country that most of them are wealthy. The wealthy have NOT been paying their fair share.
Other than government subsidies - which need to be looked at - I'm not really convinced by this argument. Outside of subsidies and regulation of the market, has this country done more for the Koch brothers than it has done for me?
not true, this country will survive this bump in the road, as soon as those that steered us off course fess up to their mess.
pretty easy to see when it happened, I think they called it trickle down.
Quote:
Originally Posted by HappyTexan
You could end all wars and increase taxes and we still can't pay off the debt.
We have gone past the point of no return folks.
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