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You're correct, compJockey. We own a small business as well, and the competition from India has had
a negative effect on us. President Obama has proposed tax cuts for small businesses, and one would think that increased taxes would force large corporations to keep their jobs here. It seems like any
patriotic American would be proud to put fellow Americans to work and assist their country in a time of
great need. Too many people took Wall Street literally, when Gecko said, "Greed is good!"
These corporations that send American job's over sea's but still get tax breaks.
Confederates tell me what the problem is?
I know people that lost their homes.
I know people that lost their jobs.
These corporation should pay just like the rest of us!!!
This is the liberal spin on this.
Most of us don't want to see corporations going overseas!! They're going overseas because we're taxing the hell out of them here and that's the only way they can afford to keep their doors open.
If it were affordable to run a business in this country without the government thinking they needed to take half of what you made, nobody would go overseas.
See how that works? I know it's a difficult concept for you libs, but if it were attractive to run a business here, people wouldn't leave.
Most of us don't want to see corporations going overseas!! They're going overseas because we're taxing the hell out of them here and that's the only way they can afford to keep their doors open.
If it were affordable to run a business in this country without the government thinking they needed to take half of what you made, nobody would go overseas.
See how that works? I know it's a difficult concept for you libs, but if it were attractive to run a business here, people wouldn't leave.
I'm not rich. I will tell you that a thousand times!
I hope you are. If you are rich you will probably find another loop hole to not to pay taxes.
I learn that from reading " Rich Dad, Poor Dad!" It's a good book!!!
Its a shame that an average citizen electrician, plumber, or farmer will pay more in taxes than some of these huge corporations moving their headquarters overseas. The funny thing is, some of those same corporations are first in line to suck on the government teat when its time for big defense contracts.
These corporations that send American job's over sea's but still get tax breaks.
Confederates tell me what the problem is?
I know people that lost their homes.
I know people that lost their jobs.
These corporation should pay just like the rest of us!!!
.
Obama's focus on this issue is the result of a promise made early-on in the nominating process to the party elites. In essence, it is a two-fold "winner" for him:
A. It makes him look like he's looking out for the little guy; 83% of publically traded US Corps now have subsidaries overseas designed solely for hiding profits from taxes.
And this Reagan-era ploy has worked to the rich's advantage:
Corporations pay their lowest share of the Fed Tax burden since stats on this were first kept in the 1930's. Many, like Proctor & Gamble, pay less taxes (dollar-wise, not %) than does a family earning the US average of $43, 000 (2007 figures. It has declined by $2,000.00 since 2000).
Republicans, and some of the more owned Corporate Dems, have already begun the lies, (dutifully repeated by corporate media owned by the very corporations which are hiding the money at present), but the public wants this, and the chances of passage in some form is pretty high. So, it is a clear winner in that way.
B. It takes the pressure off Obama (from Progressives, who control the largest Caucus in Congress) on the real issue that's killing the country:
Laissez-faire Capitalism, falsely called "free trade."
So, Dr. Obama will probably sucessfully complete the minor surgery proposed here, yet the patient, our United States, will further decline, and ultimately die, as the true problem will not be addressed.
Obama's focus on this issue is the result of a promise made early-on in the nominating process to the party elites. In essence, it is a two-fold "winner" for him:
A. It makes him look like he's looking out for the little guy; 83% of publically traded US Corps now have subsidaries overseas designed solely for hiding profits from taxes.
And this Reagan-era ploy has worked to the rich's advantage:
Corporations pay their lowest share of the Fed Tax burden since stats on this were first kept in the 1930's. Many, like Proctor & Gamble, pay less taxes (dollar-wise, not %) than does a family earning the US average of $43, 000 (2007 figures. It has declined by $2,000.00 since 2000).
Republicans, and some of the more owned Corporate Dems, have already begun the lies, (dutifully repeated by corporate media owned by the very corporations which are hiding the money at present), but the public wants this, and the chances of passage in some form is pretty high. So, it is a clear winner in that way.
B. It takes the pressure off Obama (from Progressives, who control the largest Caucus in Congress) on the real issue that's killing the country:
Laissez-faire Capitalism, falsely called "free trade."
So, Dr. Obama will probably sucessfully complete the minor surgery proposed here, yet the patient, our United States, will further decline, and ultimately die, as the true problem will not be addressed.
My problem is the Right cannot stand up and show me why this is a wrong idea.
You know that politics is like Poker!
The republicans have pocket 9's and the Left have a full House.
That actually happened in Washington, DC!
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Are you rich?
