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Market just shat itself again/:zz:
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The housing bubble was started from the mandated lending to otherwise unqualified buyers, directed by the government through the Community Reinvestment Act. Quote:
They must forward the taxes - now as far as them paying none, you're correct in that most companies will not take a hit on profit to pay a levied tax, so that means the price of the product would have to go up. If that company thinks that the new price to pay the new tax would be noncompetitive with, say, a company outside the country not having to pay the tax, they're going to move. Quote:
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Perhaps cream rises to the top. Glad your business is able to help out too! |
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That's is the joke of this fake "we're going broke! We can't pay our bills!" discussion - we are a sovereign nation. We could always print all the money we want to pay off every bill we have. Yes, we have to rein in spending. But it's not the ridiculous crisis the right has made it out to be for the past month, just to screw Obama. |
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Also what would be your plan for creation of jobs? It has to fall on the private sector one way or another, no? |
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The rich are having a very bad time ... they have hoarded most of the money in the economy, 1.2 Trillion dollars. That means there is no money left for the other 90% to purchase their goods and services. Of course, if your job is to make money by gambling (Wall Street) which way the country goes doesn't matter, as you can make as much money in the destruction of an empire as you can during the creation. |
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whats the alternative? dont work and collect tax payer funded unemployment? How unbelievably ignorant. |
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personal responsibility. nobody wants that. |
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I am glad to know you are doing as much to help the poor and indigent in this country. I am certain you are volunteering your time and money to help. Or does that responsibility fall on the "wealthy" too? |
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How unbelievably ignorant. |
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See, here's the agreement in our country, according to our founding fathers, and our Constitution and Bill of Rights: we all contribute to our common society, through taxes, to our common national welfare. And even if we don't like something ... wars, or welfare ... the deal is that you have a say through the ballot box, but when you are on the losing side, you still have to do it. So everyone in this country has a responsibility to contribute. The first contribution is being an informed voter. |
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Informed voter has become an oxymoron. |
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AZ isn't going to have any water. I can't believe they are still building there. |
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