RayManKiller3
Active member
Raymankiller3
I'm confused. You want to lower corporate taxes but admit that doing so wont accomplish very much (which I agree with). Well then whats the point?
Furthermore corporate taxes in the USA are much lower then they are elsewhere and because of the loopholes they exploit many of them don't pay any tax at all. Example Exxon Mobile in 2009, they are actually given tax rebates ($156 Million in Exxon's case) despite paying no US income tax and their profits in 2009 were $19 Billion.
But whose taxes does the GOP want to raise? The poor.
BTW most corporations move operations overseas because labor costs less not because of taxes. They actually keep their HQ in the USA because if they were to move it abroad they would no longer be considered a US Company (and lose all the loopholes and freebies).
So its actually sicker that what you say. They ship US jobs overseas and pay the employees their peanuts, make huge profits and pay no US corporate income tax, but still collect tax rebates.
I agree that people are deluded to think lowering corporate tax will bring US jobs back. Those jobs are gone. A union job that pays $29 an hour assembling cars can't compete with the same job being done for .50 cents an hour in Indonesia. And US corporations see only green, not red, white, and blue.
The problem is the Democrats. Aside for a few like Bernie Sanders, these spineless wimps did nothing when Obama shifted to the right. Obama is supporting what USED to be GOP positions before the GOP went off the deep end trying to convert America into a Pseudo-Christian theocracy run by oligarchs.
My solution would be to raise taxes and close all loopholes and rebates that they use. Also use the IRS to find monies hiding in foreign bank accounts and criminally prosecute all tax cheats.
When I said I agree it should be lowered, I was trying to be optimistic. Remember, not all corporations are completely rich. I am not sure of the statistics of how many there are of those compared to the super rich ones though.
I forgot to mention I wanted a tax reform as well to cover any and all tax loopholes. Which you stated
Do you think China and other countries would get angry if U.S enacted trade taxes on unpatriotic companies who ship a great deal of manufacturing jobs overseas? This would be considered trade protection so many will disagree with doing that right?
congrads. but your views are more in line with liberals.
we're 3 years in and no end in sight for the war in afghan. in fact he's escalating it. in your opinion how long should it take???
is that why we're 10 trillion in the hole??? democrats don't solve problems. they throw money it.
the voting age should go back to 21. or higher
how obama got elected
I do agree that the voting age should go back up, but if that happens, so should the age of being drafted and serving. It would suck to be able to be drafted and die for a country you can't vote in.
not to be insulting, but democracy itself have huge failiures in it. The majority of this country is either stupid, lazy, selfish, or plain naive on how a country should be run. Most people disagree with the economic suggestions on how to fix the economy, but remember, a great deal if not most of those people don't really know economics.
I have went to business, accounting, and economic classes in college.
That is why I don't heed popularity polls or polls showing how the public disagrees on how things are going. I say leave the economics to the economist and only allow those people to vote for just once so we can see where it leans.
Where U.S's education stands right now makes me question what the future will be like once the next few generations take control.
Correct me if I am wrong, but I only remember Obama stating he wanted to end the war in Iraq; he is completely for the war in Afganistan, he has always been in agreement for that war.
14+ trillion dollars in the hole thanks to both parties, but I still believe democrats can handle economics better.