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Old 12-16-2010, 09:42 AM
 
13,750 posts, read 9,210,652 times
Reputation: 6657

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Quote:
Originally Posted by ergohead View Post
A VAT is a sales tax squared.

Who could afford it?
If we got rid of all federal taxes on businesses, corporations, and investments, a VAT would be very affordable. That's the point. We want to get rid of high taxes and make the tax base as broad as possible and as low as possible.
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Old 12-16-2010, 10:29 AM
 
19,225 posts, read 14,648,880 times
Reputation: 2337
Quote:
Originally Posted by Winter_Sucks View Post
If we got rid of all federal taxes on businesses, corporations, and investments, a VAT would be very affordable. That's the point. We want to get rid of high taxes and make the tax base as broad as possible and as low as possible.
It would need to include purchases of stocks, bonds, derivatives and all other types of paper crap.

Including, Federal Reserve Notes.
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Old 12-16-2010, 11:42 AM
 
Location: Dallas
31,152 posts, read 19,630,506 times
Reputation: 9170
Quote:
Originally Posted by Feel The Love View Post
Hey, we've seen it here on City Data forum, right wing demagogues being parroted, that all these corporate write-offs are about "health care costing us more." Well, as usual with the right wing hoaxsters, it's a lie. What you are really hearing is the sounds of the gravy train coming off the rails.

The problem here is corporate income taxes. We should eliminate ALL corporate income taxes. Then there would be no need to debate subsidies and loopholes.

Corporate income taxes only serve politicians. They make congress look good, but in the end, consumers pay corporate taxes indirectly.
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Old 12-16-2010, 12:08 PM
 
10,854 posts, read 8,963,014 times
Reputation: 3122
Quote:
Originally Posted by OhioIstheBest View Post
So the health care bill is only gonna cost AT&T 40 million dollars. That's good.

Silly me, I thought it was going to lower costs.
The bigger question you should be asking yourself is why should AT&T be paying for employee health insurance cost AT ALL?

They don't pay these costs in countries with public options or countries with universal health care or no health care at all.

Americans want to complain about jobs leaving this country yet still endorse a health care system that places the cost of health primary on employee based health insurance plans, which places this country in an uncompetitive situation in terms of labor costs.
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Old 12-16-2010, 12:17 PM
 
10,854 posts, read 8,963,014 times
Reputation: 3122
Quote:
Originally Posted by Winter_Sucks View Post
I agree. I used to be a lefty who wanted to punish the rich and corporations, but that's just foolish. We need to make America the best place to invest and run a business.
America can no longer compete on the basis of labor costs. You could lower the tax rate for corporations to zero and you could remove the health insurance costs and American labor still would be competitive with labor in places like China, Viet Nam, Indonesia, Singapore, the Philippines, India etc.

This is just good old competitive capitalism at work and America is just on the short end of one of the largest transfers of wealth and prosperity in human history.
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Old 12-16-2010, 12:24 PM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,255 posts, read 23,604,959 times
Reputation: 3587
I don't know why they are providing medical benefits to retirees anyway. If you retire, you don't work here anymore and if you don't work here anymore, we don't pay for your benefits. Go on Medicare or into the new insurance pools and buy your own coverage.
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Old 12-16-2010, 12:38 PM
 
Location: Dallas
31,152 posts, read 19,630,506 times
Reputation: 9170
Quote:
Originally Posted by KevK View Post
I don't know why they are providing medical benefits to retirees anyway. If you retire, you don't work here anymore and if you don't work here anymore, we don't pay for your benefits. Go on Medicare or into the new insurance pools and buy your own coverage.

Because companies chose to provide these benefits as a part of their total compensation package. It's how they compete for the best employees.
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Old 12-16-2010, 01:30 PM
 
Location: Unperson Everyman Land
37,534 posts, read 24,559,434 times
Reputation: 11904
Quote:
Originally Posted by JazzyTallGuy View Post
The bigger question you should be asking yourself is why should AT&T be paying for employee health insurance cost AT ALL?

They don't pay these costs in countries with public options or countries with universal health care or no health care at all.

Americans want to complain about jobs leaving this country yet still endorse a health care system that places the cost of health primary on employee based health insurance plans, which places this country in an uncompetitive situation in terms of labor costs.

You make a good point. If we want to maintain some of the highest corporate tax rates in the world and still insist businesses pay for health insurance is likely to force them to leave. Obamacare's non-compliance fines for companies not providing insurance has got to go.
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Old 02-11-2014, 08:09 AM
 
9,470 posts, read 6,694,208 times
Reputation: 2172
Quote:
Originally Posted by Feel The Love View Post
Hey, we've seen it here on City Data forum, right wing demagogues being parroted, that all these corporate write-offs are about "health care costing us more." Well, as usual with the right wing hoaxsters, it's a lie. What you are really hearing is the sounds of the gravy train coming off the rails.

There's a giant corporate welfare system called "green energy". One called "obamacare", and one called "economic stimulus".

Guess who promoted all of them.

Everyone you voted for.

Guess who opposed them?


The TEA Party.

You should be praising what you love, since you vote for government interference in the economy and corporate welfare and government interference in the economy are synonymous.
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Old 02-11-2014, 08:13 AM
 
Location: Florida
73,512 posts, read 43,217,393 times
Reputation: 13611
Quote:
Originally Posted by Feel The Love View Post
Hey, we've seen it here on City Data forum, right wing demagogues being parroted, that all these corporate write-offs are about "health care costing us more." Well, as usual with the right wing hoaxsters, it's a lie. What you are really hearing is the sounds of the gravy train coming off the rails.

Big Business, GOP Complain That Health Reform Slashes Corporate Welfare
Did you really expect them to admit their own policies hurt businesses?
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