Taxes

[fixthecopier]

GRAPH: Contrary To GOP Claims, U.S. Has Second Lowest Corporate Taxes In The Developed World | ThinkProgress

[mo0651]

Re: Taxes

Wow, Quote a few more worthless sites. The tax rate is 36%. If you want to write the U.S. Government a check, go ahead, no one is stopping you. Just LEAVE the rest of us alone.

[Jimbo1]

Re: Taxes

GRAPH: Contrary To GOP Claims, U.S. Has Second Lowest Corporate Taxes In The Developed World | ThinkProgress

Uh-huh...now how does that pan out? Is the eventual total more due to volume? If there are more corporations there should be more revenue right?

[fixthecopier]

Re: Taxes

Actually what caught my attention was how the GOP defends loopholes based on the tired argument that the companies are overtaxed to start with. One would think that loopholes are mistakes that need to be corrected. You see, for all you folks who complain about jobs going oversees, loopholes in laws are one of the things that allow so called American companies to have 90% of their employees oversees and maintain a corporate office here to take advantage of low taxes and loopholes that make them even lower. Maybe I am dumb about such things, but it would seem to me that one solution to jobs would be to make companies employee a large percentage of employees, say 80 or 90 here in this country, in able to take advantage of our low tax rates. Those who argue to keep giving breaks to companies because it will create jobs are correct. It creates jobs oversees because we do not insist on getting anything back.

On a slightly different note, I believe that one way the government can cut spending is to first cut off the states. I saw the chart that showed all the states that get more in government handouts than they pay in taxes. Let each state keep the money it collects in revenue and live off it. For that matter, break it down on a county by county level. If a county in Kansas or Oklahoma needs a new Highschool that cost 50 million then they should raise that money themselves. Why should tax dollars from someplace like New York city pay for that school. In someplace like rural Nebraska, why should tax dollars from San Francisco pay to pave their roads. That would be like... what is that phrase the right uses all the time?... oh yes, redistribution of wealth. I am not being a smartass about it, I think every town and community should publish what it cost to run everything in that community and divide the cost among the tax payers. Then the community can get together and decide what they really want to pay for. It would encourage everybody to participate in government.
This would ween people off the dependence of big government. One example I can think of are natural disasters. Places that are prone to them never seem ready for them. As soon as they happen, that state has its hand out to the feds to help clean up the mess. States along the Atlantic coast should be ready to be wiped out by hurricanes, the West by wildfires, the Midwest by tornadoes and if you live near a river or in a flood plane, should you not be ready for a flood. I was amazed by the Texas governor Rick Perry criticizing Obama for not responding to the wildfires there quick enough. Was this the same Rick Perry who talked about his states ability to succeed from the country and become its own independent country? Just for the record, I do not think that New Orleans after Katrina was George Bushes fault, I think it should have been the problem of that state. We have the ability to run pipelines of water from rivers to areas that are prone to fire, we just don't want to pay for it. For those who want government out of our lives, lets go cold turkey.
Another benefit, all those pork barrel projects would go away. If a congressman introduces a special interest spending project, his district has to pay for it.


Here is something I enjoy in discussions, facts and data...http://www.taxfoundation.org/publications/show/151.html

[Ctl-Alt-Del]

Re: Taxes

Here is something I enjoy in discussions, facts and data...

Too bad Tea-Baggers don't respond well to "Facts & Data".

[fixthecopier]

Re: Taxes

I just read where American companies are growing by leaps and bounds. Problem is, that they are growing overseas, raking in the profits and still keeping headquarters in America. But do not worry, those Bush tax cuts will kick in any day now and the rich people will start creating jobs like there is no tomorrow. By the way, those tax cuts have been in place for how many years now? Did any body catch how long it was supposed to take for all those jobs to start showing up?

[Hemlock]

Re: Taxes

Chief Investment Officer at JP Morgan admits that profits have been made off wage and benefit reductions, not production.

I say we tax the hell out of those bastards making bank off of our misery.

[fixthecopier]

Re: Taxes

If low taxes for the rich create jobs, why don't these two like the idea?

[ragajungle]

Here is something I enjoy in discussions, facts and data...

Too bad Tea-Baggers don't respond well to "Facts & Data".

Tea-baggers LOL...