lockedaway
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quote:
ORIGINAL: MrRodgers
quote:
ORIGINAL: lockedaway
YES!!! Glad you asked. :) Reduce corporate income taxes to the same level as Canada. We tax our corporations 35.9% to Canada's 16%. On top of our federal corporate taxes, corporations pay very hefty real estate taxes and state income taxes as well. We have created an enromous disincentive to do business in this country. After reducing corporate tax rates, we increase tariffs on Chinese products. For every U.S. company that has relocated a certain percentage of its workforce overseas, the same tariff applies to them. Our government provides no funding to nations that have an adersarial stance to the U.S. [Do you realize we provided hundreds of millions, even billions of dollars to the U.S.S.R. throughout the cold war? Nope...all of that should be done. I sound a bit isolationist but would you give $100.00 to your enemy?] For every "police action" this country engages in, the country should be paid back either in currency or natural resources. The greatest threat to jobs in this country is the over spending of the Federal Government that causes it to endlessly siphon working capital out of the U.S. economy.
What world are you watching ? This is nonsensical rant. The taxes you speak of are rates not receipts. If our corporate tax rate is so high, why are foreign corps moving here ? The US corp. in total pays an effective rate of 25-27%. So we too should be extorted by the corp. to tax production (labor) rather than consumptions. (revenues)
Those tariffs were few and far between and were never attached to American products, the production of which was exported to China. In any case they are all but gone now except on Chinese tires for obvious trade violations. The resat were only on steel and lumber put on by Bush or are in so-called free-trade agreements are put in by the capitalist/corp. to protect the profits of American companies from foreign competition...ethanol being the single most egregious.
We did not provide Billions to the USSR. Instead during the Nixon admin's so-called 'detente,' we gave them IC technology. That conveniently allowed them to 'MIRV' (install Multiple, Independently targeted, Re-entry Vehicles) their missiles and that we'd just have to spend another trillion (very profitable) tax dollars combating those missiles which also became mobile. Otherwise what we did was sell them cheap grain so their people wouldn't starve and oh BTW...end a very profitable cold war.
The greatest threat to American jobs is a huge, powerful, rich, capitalist fascist regime like the Chinese and even some not so big ones with a cheaper impoverished fascist regime like Vietnam.
Hey Mr. Rodgers, go slip into a cardigan and feed your fish. The corporate tax rate in the United States is the highest in the world and there are plenty of charts showing what corporate tax rates are world wide, none of which you have produced to substantiate your argument. I have posted the charts before ad nauseum but here is Wikepedia for your easy reference;
http://en.wikipedia.org/wiki/Corporate_tax_in_the_United_States
Mr. Rodgers, with some breif flashes of intellect, also substantiates an argument I have made on a number of threads in the past, to wit, we have socialism in this country for the super rich and the super poor. Looking at Bank of America, Lehman Brother, Merrill Lynch, AIG and all of the others, their failures were nationalized with few or no white collar criminal prosecutions. The super rich got richer and their losses were absorbed by the population. THAT is not capitalism, it is fraud. The responsibility for that fraud rests with Clinton who repealed Glass Steagal and expanded the debacle of the Community Redevelopment Act.
Welfare is the socialism of the super poor. We have nationalized their source of income and all of their expenses at the expense of the lower middle class to the lower upper class. And it is only for the lower middle class to the lower upper class that there is capitalism, the fruits of which are ruthlessly taxed.
Mr. Rodgers also makes the ridiculous argument that corporations should not be individuals. Stupid in the extreme. So when Henry Ford died, Ford Motor Company should have gone out of business? So Henry Ford should have been sued personally for the Ford Pinto fires? Corporate individuals are sued civilly and sometimes criminally. There is no corporate veil for purposefully criminal conduct. I would like for Mr. Rodgers to point out where it is in the world that corporations are not treated as individuals.
As far as the LucyLastic example, if we listened to Mr. Rodgers, we would all have an in-house kommissar to tell us how to run our business. If Lucy wants to subcontract the production of her sex toys to a firm in Indochina, does she not have the right to do that? Is that what you people are arguing for?
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