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Originally Posted by middle-aged mom View Post
Some elected Congressmen love to inform people on Fox News that the U.S. has the highest corporate tax rate in the world and this is why they do not create jobs. While the tax rate is true from a statutory standpoint, the effective tax rate is the only rate that matters.
The effective average corporate tax rate in the U.S. is 12.6%, about middle of the road.
GAO: U.S. corporations pay average effective tax rate of 12.6% - Jul. 1, 2013
You fail at precisely the thing MOST needed in this country... belief in yourself, willingness to take risks, and a belief in your fellow man. You go around demanding the government take away every risk.
Your helpless pessimism is evident on your posts, not mine.
I notice you keep making personal comments about me, which I know are lies. I asked for quotes before, and you failed to produce them, and instead added more lies. I'll ask you again: Could you provide quotes backing up you previous claims as well as the new ones here. Thanks.
A new study by the World Bank and the International Finance Corp. found that the U.S. ranks well behind countries like Rwanda, Belarus and Azerbaijan in terms of how easy it is for an entrepreneur to start a new business. The U.S. did narrowly beat Uzbekistan, though.
The rankings were included in the organizations' joint study "Doing Business 2014: Understanding Regulations for Small- and Medium-Sized Businesses." The annual report, released in October, ranks the relative ease of creating a new business in 189 countries, looking at such measures as the number of procedures required, the time spent complying with them and the cost of doing so, among other factors.
I saw an interview with co-founder of Home Depot and he said in today's world there would be NO way they could have even started.
Many banks turned them down for a loan. They finally got a loan from a local Community Bank.
He said the new regulations will make most of those types of banks will disappear.
He rattled off a bunch of successful companies that were started in someone's garage and said that NONE of them could make it today.
And yet new successful companies are started in garages all the time.
Too bad the American spirit of optimism has been replaced by pessimism and helplessness in the minds of too many people. Thank god it is still alive in enough of us.
And yet new successful companies are started in garages all the time.
Too bad the American spirit of optimism has been replaced by pessimism and helplessness in the minds of too many people. Thank god it is still alive in enough of us.
"And yet new successful companies are started in garages all the time. " How many actually succeed/ How do they get financing or are they just "home" based businesses?
"And yet new successful companies are started in garages all the time. " How many actually succeed/ How do they get financing or are they just "home" based businesses?
They find financing one way or another. Back in the day Steve Jobs couldn't get a loan from a bank either, but he found a way. They start small, like they always did. Netflix started small. Facebook started small, with practically no money. Pandora started small, with no money. Like Steve Jobs in the past, they find someone with money who believes in their idea, and they get financing. Heck, even Home Depot got their money from someone who believed in their idea. The guy who arranged the money became a co-founder of Home Depot. The guy you are talking about is not being honest. The game hasn't changed. After you find the idea, the first big challenge is to find the funding, and that has always been the case.
No, not all succeed, and never did. It's a risk, and reading the comments by many fake conservatives here, their attitude is that everything is impossible, but luckily there are people like Will Glacer who are willing to take the risk. He knows success is not guaranteed, but he is doing it anyway. Where is your "I can do it" spirit? Why is everyone here crying about how difficult everything is?
Last edited by Finn_Jarber; 01-23-2014 at 05:02 PM..
I am beginning to think you have no idea what the word "liberal" means. Either that or abortions and gay marriage are all legal in North Korea, China, and Russia. Seriously, you are just embarrassing yourself now.
I do.
"Liberal" means the individual has no rights and the government has unlimited powers.
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Seriously, you are just embarrassing yourself now.
