obamas job proposal

[Danzig]

you know what, you're right. even tho businesses said they moved to a friendlier climate, and would move back if we met other countries lower rates, they're just lying. we absolutely should penalize the hell out of them, that way whatever business they have here will surely stay. they would meekly accept all that punishment.

[clyde]

NOTE TO USUAL SUSPECTS SELVES:



There is a reason government heads and corporate heads are said to "be in bed."

6 a one, half dozen a the othah.

Simple is...is not always as simple does.

[jms62]

Originally Posted by Danzig

you know what, you're right. even tho businesses said they moved to a friendlier climate, and would move back if we met other countries lower rates, they're just lying. we absolutely should penalize the hell out of them, that way whatever business they have here will surely stay. they would meekly accept all that punishment.

I know I am right but it sure as hell must feel better in your fantasy land.. There you can feel good until you get pounded again only to feel good again when you are promised something else. Did I say abused spouse already?

[Danzig]

abused spouse? lol me or tony?

no, i just figure if companies say they left because of taxes, which the article above says is higher than anywhere else, perhaps they are correct?

i just think of our govt wishes to get companies to come back, or to get companies to hire, they might want to look at things from a companies point of view.

now, of course businesses are all the devil, but who else creates jobs? do you work? even if you're self employed, you're still in 'a business'. if businesses find they can't make money, they either change things to make money, or they shut down. many companies have found that they can make more elsewhere. now, we can either punish them-which doesn't make them suddenly want to help out here, or we can consider what they say-which in this case has to do with corporate taxes. are they higher? were they lower? can we lower them to bring them back?

[Danzig]

an excerpt from an article about corporate taxes:

"The U.S. has one of the highest corporate tax rates in the world. Only Brazil, Uzbekistan, Chad and Argentina have higher corporate tax rates than the U.S. According to a research study by the Cato Institute, the effective U.S. corporate tax on new investment was 34.6% in 2010. This was higher than the average OECD rate of 18.6% and the average rate for 83 countries at 17.7%.

So, if the corporate rate is 34.6%, what's with the claims that companies don't pay taxes, or at least don't pay enough? In some cases it's deliberate lying, but in others it's just an exaggeration based on a failure to understand how taxes work for corporations. PriceWaterhouseCoopers prepared a study from 2006 through 2009 examining Global Effective Tax Rates, which provides some insights. By the way, an 'effective tax rate' is what a company really pays, not the rate assigned by a government. The effective rate can be lower, or higher, than the official rate declared by the government. The PWC study discovered that US-based companies operating globally pay more than eight percentage points more in ETR than companies operating globally with a headquarters outside the US. Consequently, this demonstrates not only that corporations pay a higher effective tax rate than individuals in the United States, the rates charged by the U.S. government are among the highest in the world, and US-based companies are penalized for putting their head office here.

[Danzig]

when i see stuff like this article:

http://blog.heritage.org/2011/08/13/...uncompetitive/

what else can one think but that the current environment isn't conducive to job growth? adding punitive costs to those here won't make the environment better. it certainly won't encourage anyone else to head over here either. if our taxes are higher than other countries, the first question i would have to ask is why? the second would be what can we do to change it? if the companies in the article above actually moved back, as they said they would, how many jobs does that add? if we don't lower, they don't move back, well obviously we are no better off.

so, jms, are our taxes where they should be for corporations?

[jms62]

Originally Posted by Danzig

when i see stuff like this article:

http://blog.heritage.org/2011/08/13/...uncompetitive/

what else can one think but that the current environment isn't conducive to job growth? adding punitive costs to those here won't make the environment better. it certainly won't encourage anyone else to head over here either. if our taxes are higher than other countries, the first question i would have to ask is why? the second would be what can we do to change it? if the companies in the article above actually moved back, as they said they would, how many jobs does that add? if we don't lower, they don't move back, well obviously we are no better off.

so, jms, are our taxes where they should be for corporations?

Thanks for the article from such an unbiased source.

http://www.rightwingwatch.org/conten...age-foundation

[Riot]

What the "job creators" want, as ransom for "bringing back jobs", is to make their workforce and corporate costs in America the same as in India, China, etc. Remove all worker minimum wage and age restrictions. Forbid worker protections by removing ability to unionize. Remove all workplace worker protection regulations from OSHA, EPA. Remove all taxes on bringing money back into the US (let the rich pay nothing, let the poor pay for what we need).

These laws are currently being actively pushed by the Republican party, with the very workers these laws will harm tricked into supporting it: "Right to work", "demonize unions", "tax cuts for the job creators", "repeal minimum wage", "government is too big and expensive get rid of the EPA and OSHA", "47% of the country pays no taxes".

Yeah, as soon as we are the worker equivalent of a third world country, manufacturing jobs will return to the US so $5.00 per hour workers can paint more ceramic crap to sell at Cracker Barrel and cheap shirts to sell at Wal Mart.

Except the workers in the US won't even be able to afford it. So we'll export it to the countries who still have a middle class, with spending power, as their industry changed to 21st century types of production: energy, technology, innovation, professional growth, etc.

First world countries where taxes are paid, healthcare, workplace and retirement security are provided to all, education is supported and encouraged (kind of like what the USA was in the 1950's-1960's, our huge growth period)

Can some of you really not see this happening in this country? Does the massive, increasing wealth distribution disparity in this country mean good things? Listen to the GOP "debate" tonight, and hear the dog whistles.

[Danzig]

Originally Posted by jms62

Thanks for the article from such an unbiased source.

http://www.rightwingwatch.org/conten...age-foundation

i didnt ask what you thought of the source. is the info they put up correct? and when i googled us corporate taxes and used that link, there were plemty of other with the same story. i guess they are all biased?