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Old 04-25-2017, 08:17 PM
 
Location: Phoenix
30,385 posts, read 19,184,321 times
Reputation: 26294

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I think we should be more like our European counterparts and tax corporations rationally....say like Germany at 15%.
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Old 04-25-2017, 08:17 PM
 
Location: NYC
1,805 posts, read 2,368,381 times
Reputation: 3470
Quote:
Originally Posted by T-310 View Post
By lowering the corporate tax will cause the company to invest the money on itself. End result is the company could expand creating jobs.
This never happens.

Get real.
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Old 04-25-2017, 08:19 PM
 
3,357 posts, read 1,235,426 times
Reputation: 2302
Quote:
Originally Posted by T-310 View Post
By lowering the corporate tax will cause the company to invest the money on itself. End result is the company could expand creating jobs.
Haven't we heard this trickle down argument before?
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Old 04-25-2017, 08:23 PM
 
34,279 posts, read 19,384,355 times
Reputation: 17261
Quote:
Originally Posted by Jstarling View Post
Haven't we heard this trickle down argument before?

yup. And it worked SO well. Notice how only a couple of the right wing folks are even brave enough to enter this thread? Hats off to the ones that did to be honest.
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Old 04-25-2017, 08:23 PM
 
Location: Long Island
8,840 posts, read 4,808,504 times
Reputation: 6479
Quote:
Originally Posted by mrmondaynight View Post
This never happens.

Get real.
Yep. Companies just keep the profits. They're not creating jobs.
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Old 04-25-2017, 08:28 PM
 
Location: Eastern UP of Michigan
1,204 posts, read 873,374 times
Reputation: 1292
Quote:
Originally Posted by Boss View Post
Watched as a CEO of a company called Water, tried to answer a question on what his company would do with increased income from tax cuts.

The answer was: return profit from over seas and distribute to share holders.

Not invest in business, not expand in US, not create jobs. Distribute to share holders.

That's why a progressive tax system is better for job creation and business expansion. Charge a higher rate and allow credits to create jobs and write offs for growth expenses.


Well I should hope so. We are not quite in the top 10% wealth bracket and our pensions and SS will only be about 67K a year and that's only higher than the average household income in Michigan and we need more income as we feel like paupers in our retirement.


GIVE US HIGHER DIVIDENDS!
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Old 04-25-2017, 08:29 PM
 
34,279 posts, read 19,384,355 times
Reputation: 17261
Quote:
Originally Posted by PedroMartinez View Post
Specifically, who said to cut SSI to the truly disabled?

I have TRULY disabled friends who cant get on SSI because of how hard it is too. YOur argument is far different from reality in most places. Although some red states have issues I hear with them using it instead of unemployment
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Old 04-25-2017, 08:32 PM
 
Location: Pixley
3,519 posts, read 2,823,517 times
Reputation: 1863
Quote:
Originally Posted by PCALMike View Post
Nope. Right wing myth.


Honest Political Economics 101
The only problem with Elasticity of demand is that if costs go up for the entire industry or sector, all companies can raise prices without much fear of loosing customers to competitors, because they are all facing the same industry wide hike in the cost of doing business.
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Old 04-25-2017, 08:34 PM
 
34,619 posts, read 21,631,426 times
Reputation: 22232
Quote:
Originally Posted by greywar View Post
I have TRULY disabled friends who cant get on SSI because of how hard it is too. YOur argument is far different from reality in most places. Although some red states have issues I hear with them using it instead of unemployment
And, where did I say to cut SSI?
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Old 04-25-2017, 08:36 PM
 
34,279 posts, read 19,384,355 times
Reputation: 17261
Quote:
Originally Posted by PedroMartinez View Post
And, where did I say to cut SSI?
Quote:
Originally Posted by PedroMartinez View Post
Cuts can and should be made.
In response to a list which included SSI. So what would you cut from the list? Military? Social security?
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