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  #1  
Old 08-26-2011, 09:22 AM
Clip-Clop Clip-Clop is offline
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Originally Posted by jms62 View Post
As opposed to big business who believe in a scoched earth policy vis a vis the US Economy and the jobs that fuel that economy when they ship jobs overseas to meet their short term goals of their Execs so their stock options are in the money and they can cash out now without any thought to the destruction they are wreaking on future generations. Lets give em a pass because by golly they need to be competitive in this Global Economy.
What should they do?
Unlike the Fed, they cannot bleed cash for all eternity.
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Old 08-26-2011, 09:53 AM
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Originally Posted by Clip-Clop View Post
What should they do?
Unlike the Fed, they cannot bleed cash for all eternity.
Strong companies are also sending their work overseas in droves. And the hemoraging you are witnessing is hemoraging of money LEAVING the US Economy. Money that if spent on US employees will be pumped back into our economy 100%. Unfortunately you and I won't live long enough to see China and India overcome their cultural barriers to buy local goods and buy US Goods. But at least you will be happy that your favorite CEO makes a few hundred million by keeping his stock options above water FOR NOW.. You know the game musical chairs... Very few chairs remain.

The solution is there is none becuase those that can make the laws are bought by those profiting from the scheme. Check-Mate.

Things are good for me now and good for you probably but you would have to be a complete moron to not see that given what is happening we WILL be affected and certainly our children will be.

You are being fuked by Business, Republicans and Demotards but like most need only one group to blame so it is all the Demotards fault.
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Old 08-26-2011, 10:21 AM
Clip-Clop Clip-Clop is offline
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Originally Posted by jms62 View Post
Strong companies are also sending their work overseas in droves. And the hemoraging you are witnessing is hemoraging of money LEAVING the US Economy. Money that if spent on US employees will be pumped back into our economy 100%. Unfortunately you and I won't live long enough to see China and India overcome their cultural barriers to buy local goods and buy US Goods. But at least you will be happy that your favorite CEO makes a few hundred million by keeping his stock options above water FOR NOW.. You know the game musical chairs... Very few chairs remain.

The solution is there is none becuase those that can make the laws are bought by those profiting from the scheme. Check-Mate.

Things are good for me now and good for you probably but you would have to be a complete moron to not see that given what is happening we WILL be affected and certainly our children will be.

You are being fuked by Business, Republicans and Demotards but like most need only one group to blame so it is all the Demotards fault.
Not at all, I see exactly what is happening and sadly know how it all ends. I am fed by business big and small (mostly small), without it my clients have no jobs or cash to build. I know who is sticking it to us (the collective us, pretty much everyone) I do not toe any party line but identify more with a moderate republican (extinct?) than a moderate democrat (definitely extinct). I think it was a great marketing plan that got Obama elected and we are now paying the price for it. I am not in the top 1% but I am in the top 15% and rely on those above me for my work.
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Old 08-26-2011, 11:21 AM
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Originally Posted by jms62 View Post
Strong companies are also sending their work overseas in droves. And the hemoraging you are witnessing is hemoraging of money LEAVING the US Economy. Money that if spent on US employees will be pumped back into our economy 100%. Unfortunately you and I won't live long enough to see China and India overcome their cultural barriers to buy local goods and buy US Goods. But at least you will be happy that your favorite CEO makes a few hundred million by keeping his stock options above water FOR NOW.. You know the game musical chairs... Very few chairs remain.

The solution is there is none becuase those that can make the laws are bought by those profiting from the scheme. Check-Mate.

Things are good for me now and good for you probably but you would have to be a complete moron to not see that given what is happening we WILL be affected and certainly our children will be.

You are being fuked by Business, Republicans and Demotards but like most need only one group to blame so it is all the Demotards fault.
A minute number of corporations are sending jobs overseas.
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Old 08-26-2011, 11:44 AM
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A minute number of corporations are sending jobs overseas.
Thanks... I let the millions who have lost thier jobs know that.. Hopefully none of them had any dreams of owning a racehorse and needing a trainer.
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Old 08-26-2011, 12:14 PM
Clip-Clop Clip-Clop is offline
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Thanks... I let the millions who have lost thier jobs know that.. Hopefully none of them had any dreams of owning a racehorse and needing a trainer.
Do you think those jobs are all overseas now? No shot that many (and I mean many) of those jobs are simply gone due to smaller business going under due to excessive taxes and the utter collapse of the housing industry.
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Old 08-26-2011, 12:29 PM
Antitrust32 Antitrust32 is offline
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The only way to keep these corporations in America or to bring them back is to significantly lower corporate tax rates. But that is against everything liberals stand for.
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Can I start just making stuff up out of thin air, too?
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Old 08-26-2011, 12:40 PM
Danzig Danzig is offline
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http://www.examiner.com/finance-exam...oving-overseas

US corporate tax rates the primary cause for companies moving overseas

The US corporate tax rate has become a new cause for companies to move overseas to avoid what is the largest tax burden in the industrialized world. At 35%, the US tax rate on companies and businesses is nearly triple the rates in some places, and well above the tax requirements of countries such as Ireland and Switzerland.

In an expose on March 27th by CBS's 60 Minutes, hundreds of companies, and over $1.1 trillion dollars, are now being kept overseas providing nothing to the US economy due to stringent tax laws and regulations which make it difficult to invest, create new jobs, and find profitability if incorporated in America.

Cisco alone has moved eight different companies to Ireland, where the tax rate is at 12.5%. On top of this, google, Facebook, and several other technical firms employ over 100,000 workers in Ireland, which they might otherwise employ in the US if the tax code was changed or adjusted.

While many companies moved to China, India, and other places around the world for cheaper labor, one of the main reasons for the move offshore was the draconian tax rates the US government imposes on businesses headquartered domestically. In an poll taken in January on the Fair Tax, over 500 companies said they would instantly move back to the United States if this tax structure were implemented in the economy.
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Old 08-26-2011, 02:15 PM
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The only way to keep these corporations in America or to bring them back is to significantly lower corporate tax rates. But that is against everything liberals stand for.
No. Those corporations also want child labor laws repealed, unions gone, and all safety and environmental regulations removed so they can crap all over the USA like they do in other countries with their minimally-paid employees and lack of safety/compliance issues earning them record profits.

Poor, poor huge corporations! My heart bleeds for them ....
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Old 08-26-2011, 02:10 PM
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Do you think those jobs are all overseas now? No shot that many (and I mean many) of those jobs are simply gone due to smaller business going under due to excessive taxes and the utter collapse of the housing industry.
There is no "Excessive Taxes". What rates are you specifically referring to? I'm small businessman, and I know what my tax rates have been over the past 20 years, and they are down, with special breaks over the past 3 years.

Whining that the tax rate is 35% is ridiculous - nobody pays that. The biggest multinationals don't pay crap, and keep their profits overseas.

What "small businesses collapses" send jobs overseas? Restaurants, cleaners, plumbers, groceries don't send jobs overseas. Small businesess run on local cash infusion from local residents. Local residents get that from paychecks. The big manufacturing companies are gone multinational. Towns are closed down and empty. The GOP won't renew unemployment benefits. They should, immediately, that's cash direct into small business pockets in a local community.

We need aggressive stimulus with direct job creation.

Waiting and hoping for multinationals to get their wet dream of removal of all labor regulations so jobs in the USA would be as cheap as sweatshops in foreign countries is absurd. Not gonna happen. Those jobs are not coming back. No matter how hard the Republicans are trying to do exactly that.
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  #11  
Old 08-26-2011, 03:53 PM
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There is no "Excessive Taxes". What rates are you specifically referring to?

Whining that the tax rate is 35% is ridiculous - nobody pays that. The biggest multinationals don't pay crap, and keep their profits overseas.

Which is it? It doesnt exist or no one pays it?
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Old 08-26-2011, 01:22 PM
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Thanks... I let the millions who have lost thier jobs know that.. Hopefully none of them had any dreams of owning a racehorse and needing a trainer.
Funny thing is that there are tons of people coming into the country that are able to find jobs...
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Old 08-26-2011, 02:00 PM
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Funny thing is that there are tons of people coming into the country that are able to find jobs...
Even more funny is a good deal are hired cash only and don't pay taxes.. And even funnier yet alot of the Employers are die hard boot conservatives that bitch and moan about the defecit yet hire non documented workers who tax the medical system and don't pay taxes that would reduce the defecit. None work in your barn of course... Just sayin.
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Old 08-26-2011, 03:41 PM
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Even more funny is a good deal are hired cash only and don't pay taxes.. And even funnier yet alot of the Employers are die hard boot conservatives that bitch and moan about the defecit yet hire non documented workers who tax the medical system and don't pay taxes that would reduce the defecit. None work in your barn of course... Just sayin.
Hold on are you saying that cash jobs exist that American workers dont want? Well you are half right. There are plenty of jobs that Americans don't want but the days of paying cash are long over for any decent sized business. What about the billions of withheld money that never gets claimed by undocumented workers? The Gov't/IRS collects that money every 2 weeks via EFT. I guess that money doesn't count. it is much easier to just pay people above board than try to pay cash especially when you are audited by your workmans comp company every year.

It has been my experience that American workers in my business are generally the ones who claim "exempt" on their tax forms or want to work for cash or fill out a 1099 and never file, not the "foreign" workers.
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