quote:

ORIGINAL: KenDckey

I was talking to a friend yesterday.   She thought that the rick make to much money and that the poor get screwed.   I would agree that the poor get screwed but disagree that the rich make to much money.    So anyway, her concept was to set an income cap, She watned to set it at $100,000 limit gross.   But if it were set at $100K or $1 Million.   The concept she was expousing was that any income in excess of that would be taxed at the rate of 100%, thus sending it to the public coffers.   The source of the income being irrelivant and deductions not allowed for anything over the set point.  Although it would pay off the national debt pretty quickly that way, I personally think it is crazy?   What do you think?

quote:

ORIGINAL: bipolarber

Incomes should not be capped. However, neither should incomes be enhanced by fucking over the little guy. How many CEOs earned HUGE bonuses by laying off half their workforce or more? Or by moving the production overseas?

No, let's keep the capitalist sytem intact, but let's put the rewards of that system on an anchor to the country that give people their opportunity to be rich.

1) all corperate heads MUST reside in the US, and be subject to our tax laws.
2) any product sold by a company in the US MUST employ at least 50% of all their personel via US citizenry.
3) Executive bonuses contracted to increase via layoffs, would be illegal, triggering a 100% tax on the executives responsible for initiating such an action. Effective for 4 years. Repeat offenders are to be considered unemployable by US companies, or multi-nationals that wish to remain in the American Market without paying huge penalties. Let them try to make their millions elsewhere, in some other, lesser market.

I know these sound like crackpot ideas, but from what I gather, Japan already has something similar in place.

quote:

ORIGINAL: bipolarber

Incomes should not be capped. However, neither should incomes be enhanced by fucking over the little guy. How many CEOs earned HUGE bonuses by laying off half their workforce or more? Or by moving the production overseas?

No, let's keep the capitalist sytem intact, but let's put the rewards of that system on an anchor to the country that give people their opportunity to be rich.

1) all corperate heads MUST reside in the US, and be subject to our tax laws.
2) any product sold by a company in the US MUST employ at least 50% of all their personel via US citizenry.
3) Executive bonuses contracted to increase via layoffs, would be illegal, triggering a 100% tax on the executives responsible for initiating such an action. Effective for 4 years. Repeat offenders are to be considered unemployable by US companies, or multi-nationals that wish to remain in the American Market without paying huge penalties. Let them try to make their millions elsewhere, in some other, lesser market.

I know these sound like crackpot ideas, but from what I gather, Japan already has something similar in place.

quote:

ORIGINAL: SugarMyChurro

Why should anyone care about the corporations?

I am just always stunned that people always consider these questions not as individuals but as if they were not only corporations, but multi-national corporations, at that. What the fuck do you care how they'd get along? You really think they wouldn't find a way to work with our market?

Free market, market models - none of you know what would actually happen if we did X, Y or Z. There are no free markets, and market models are only as good as the way in which they were modelled - garbage in/garbage out, probably providing a result exactly as intended by the financiers of the project.

Unless you have controlling interest in some corporation, you are a house nigger identifying with and confusing your interests with those of your master. Did no one here ever listen to the words of Malcolm X?

Jeez, think and vote your own interests. The corporations can take care of themselves, or not - who gives a fuck?

quote:


Tax avoidance by the super-rich costs the British taxpayer £13bn a year - enough money to increase old-age pensions by 20 per cent.

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ORIGINAL: camille65
...some corporations are formed for tax purposes only.

quote:

ORIGINAL: SugarMyChurro

quote:

ORIGINAL: camille65
...some corporations are formed for tax purposes only.

You're a bright, lady - what tax purposes are those?

Are those breaks available to you as an individual? The legal entity known as a corporation has become a joke: a tax dodger, a cheat, and to add insult to injury many have their hands out too.

Fuck 'em!

quote:

ORIGINAL: SugarMyChurro

Jeez, think and vote your own interests. The corporations can take care of themselves, or not - who gives a fuck?

quote:

ORIGINAL: camille65
Not all do. You just cannot lump everyone or every corporation into one catagory.

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ORIGINAL: SugarMyChurro

quote:

ORIGINAL: camille65
Not all do. You just cannot lump everyone or every corporation into one catagory.

Sometimes you can.

Do you realize that people can do business as themselves? What of a sole proprietorship?

Seriously, there is a reason people choose to incorporate - and it's a business decision to limit liability for debt and to receive other benefits and tax breaks.

In short: pork!

P.S. I know you know these things...

quote:

ORIGINAL: OrionTheWolf

I am all for removing a corps rights, as if they were an individual. This is what gives them the power to pay campaign contributions and such. I am not for getting rid of those entities that create jobs. Why do you want to put so many people out of work?

quote:

ORIGINAL: KenDckey

Orion   Putting big business out of business means that unemployment will go up and more people will have to be on social programs which promotes some of the extreme left interests.   Least I think.