Future Tax Increase

Login or register to post comments Last Post 22534 reads   108 posts
Viewing 10 posts - 81 through 90 (of 108 total)
  • Tue, Jul 26, 2011 - 12:46am

    #81

    Johnny Oxygen

    Status Gold Member (Offline)

    Joined: Sep 09 2009

    Posts: 454

    count placeholder0

    I don’t own a small business

I don’t own a small business but I work for one. I see the economic force that they are but it pains me to see the open hostility this country has for businesses of all sizes.

I don’t think the general public has any hosility for small businesses whatsoever. I empathize with your anger and frustration.

 

  • Tue, Jul 26, 2011 - 01:02am

    #82
    ao

    ao

    Status Platinum Member (Offline)

    Joined: Feb 04 2009

    Posts: 1590

    count placeholder0

    flat tax

[quote=corn1945]

We should lower the corporate tax rate to 0% and throw a parade for every small businessman who creates jobs.

[/quote]

Why 0%?  Why not a flat 10% for individuals and corporations with no deductions, no credits, no worming out of one’s fair share, whether rich, poor, or in between?  I know, I know, then we put the bookkeepers, accounts, tax attorneys, IRS employees, etc. out of business.

 

  • Tue, Jul 26, 2011 - 01:11am

    #84
    corn1945

    corn1945

    Status Member (Offline)

    Joined: Jun 12 2011

    Posts: 5

    count placeholder0

    How many of those

How many of those representative were re-elected?

  • Tue, Jul 26, 2011 - 01:16am

    #85

    rhare

    Status Silver Member (Offline)

    Joined: Mar 29 2009

    Posts: 401

    count placeholder0

    There is definitely hostility toward business.

[quote=JohnnyOxygen]

I don’t think the general public has any hostility for small businesses whatsoever. I empathize with your anger and frustration.

[/quote]

Maybe not if you say, hey are you angry at small businesses?  But say, hey those evil corporations need to pay taxes, and out comes the hatred.  It’s the fact that so many people are anti-corporation that they don’t realize the primary people hurt by our regulations and taxes are the small business.

Just sitting here listening to our President pushing this anti-corporate view – talking about how corporations should pay their fair share!  More of the same, particularly the starting line with "It’s not my fault, I inherited it".  I sure hope the rest of the population is getting tired of the whining about how it’s not his fault.  ARRRGGG…

I see he is also talking about default, instead of being realistic about what not raising the debt ceiling really means….  While I hate O’Rielly, I think he is a blow-hard, he did have someone on today (it was in the background) that the problem is that the media is not calling the politicians on the default terminology.  They discussed whether it was ignorance of economics, or just parroting Obama and Geithner.

 

  • Tue, Jul 26, 2011 - 01:24am

    #87

    Johnny Oxygen

    Status Gold Member (Offline)

    Joined: Sep 09 2009

    Posts: 454

    count placeholder0

    corn1945 wrote:How many of

[quote=corn1945]

How many of those representative were re-elected?

[/quote]

I think we are on your side here.

LoL. Are you angry with us here or just the situation?

  • Tue, Jul 26, 2011 - 01:24am

    #86
    xraymike79

    xraymike79

    Status Platinum Member (Offline)

    Joined: Aug 25 2008

    Posts: 804

    count placeholder0

    ‘Free market’ blow hards

‘Free market’ blowhards don’t know what Oligarchy means. They also don’t understand that unregulated markets are self-eliminating. But going a step further, capitalism will eventually and invariably lead to monopolies, regardless of whether there were safeguards put in place to prevent such a thing. The accumulation of capital buys power which corrupts all governing/regulatory bodies.

  • Tue, Jul 26, 2011 - 01:47am

    #88
    ao

    ao

    Status Platinum Member (Offline)

    Joined: Feb 04 2009

    Posts: 1590

    count placeholder0

    it’s only an illusion

[quote=corn1945]

How many of those representative were re-elected?

[/quote]

Ours wasn’t … but he chose not to run for re-election.  But the new one is no better and even less responsive to the voters than the old one.  Even if not re-elected, do you think the new office holder would offer substantially, fundamentally different choices?  How different are the Democrats and Republicans?  Is Obama’s war policy much different than Bush’s?  You no longer live in a democratic republic with a functioning constitution and a representative government.  And you no longer have a real choice by virtue of your vote.  You have the illusion of choice. 

  • Tue, Jul 26, 2011 - 01:59am

    #89
    ao

    ao

    Status Platinum Member (Offline)

    Joined: Feb 04 2009

    Posts: 1590

    count placeholder0

    despiccable

[quote=rhare]

Just sitting here listening to our President pushing this anti-corporate view – talking about how corporations should pay their fair share!  More of the same, particularly the starting line with "It’s not my fault, I inherited it".  I sure hope the rest of the population is getting tired of the whining about how it’s not his fault.  ARRRGGG…

I see he is also talking about default, instead of being realistic about what not raising the debt ceiling really means.

[/quote]

It is interesting how there is talk of cutting SS, Medicare/Medicaid, military salaries, veteran’s benefits, etc.  There is no mention of cutting Cabinet and other executive branch salaries and benefits, eliminating czar positions, cutting congressional and senatorial salaries and benefits, cutting judicial salaries and benefits nor of closing useless government departments like the Department of Energy, firing or laying off unproductive federal government workers, stopping federal subsidies to business interests, closing overseas military bases, completely ceasing overseas hostilities, getting rid of the TSA and using a cheaper and more effective Israeli model, etc., and most importantly, getting rid of the Federal Reserve bankster cartel.  It’s all BS.
 

 

We have no leaders in Washington.  True leaders would express some solidarity with their people by taking at least a symbolic cut in salaries, benefits, and pensions.  None of them have and most likely, none of them will.  They are despiccable.  

  • Tue, Jul 26, 2011 - 02:04am

    #83
    ao

    ao

    Status Platinum Member (Offline)

    Joined: Feb 04 2009

    Posts: 1590

    count placeholder0

    the American people DID NOT chose that

[quote=corn1945]

The American people chose that and then endorsed that. Now they have to deal with the consequences.

[/quote]

The American people DID NOT chose that.  The mail to Congress regarding the bail-outs ran 100:1 against, one of the most overwhelming pluralities in the history of American politics.  But Congress chose to ignore the mandate given them by the public.

  • Tue, Jul 26, 2011 - 03:24am

    #90

    dshields

    Status Gold Member (Offline)

    Joined: Oct 25 2009

    Posts: 385

    count placeholder0

    corn1945 wrote: It is

[quote=corn1945]

It is absolutely none of your business what a private company does with it’s money.

If it wants to hire workers, that is none of your business.

If it wants to buy-back shares, that is none of your business.

If it wants to pay out dividends, that is none of your business.

If it wants to buy beer and hookers, that is also none of your business.

It is not your money.

We’ve tried the anti-business ideas for decades. We’ve tried the extortionary tax rates. We’ve tried the outrageous regulations. We’ve tried all of that and the result is record unemployment, poverty, and destitution.

We should lower the corporate tax rate to 0% and throw a parade for every small businessman who creates jobs.

We should stop wasting time trying to determine how to confiscate someone else’s money and start rewarding the entrepreneurial spirit in America. 

[/quote]

"Private" being the key word here, verses public – and I say hooray.  Private is private.  By the way, who is buying the beer and hookers ?  Are they looking for people ?

 It is all madness.  After what I saw today at work and on TV this evening I have about decided the entire place has gone insane.  On CNBC they praddle on like basically nothing is happening and if there is a problem the government will fix it all up good.  On TV I see Obama talking about I don’t know what.  The entire evil rich people and evil rich corporations and the entire class and business warfare gig is about to turn my stomach.  It has become so predictable I could have written his speech – I really could have.  The repub speech ?  Oh well.  At least they are trying but failing.  It is not an easy thing.  Nobody in a high position in DC is getting on TV and trying to explain the situation to the people.  We need a Ross Perot type to get a 30 minute block of time on TV with charts that people can see and understand and try to explain it.  It is amazing how many people do not have a clue what is going on.  They just think it is typical politicians arguing typical political BS and they just tune it out.  If you try to explain it to them they think there is something wrong with you.

 The dems want a huge debt ceiling increase for pure political reasons – they do not want the people of America thinking about this stuff before an election.  I think that is exactly when the people of America should be thinking about this stuff so I am very much against a massive debt ceiling increase.  The dems want 1.2 trillion in tax increases.  I have never seen an increase in revenue to a government result in a decrease in spending.  It simply does not happen.  So, I vote for no tax increases on anyone or anything.  We do not have a revenue problem, we have a spending problem.  We have to cut.  We have to cut big time and we have to start cutting soon.  No commissions – that is nonsense.  It is going to really hurt.  It is going to be tough to tell old people they get less social security and middle aged people they are going to get even less than the old people.  It is going to be tough to cut medicare and medicaid.  It is going to be tough to cut the military which will encourage radical countries to act up more.  It is going to be tough to cut food stamps, section 8 housing, WIC, and the other hundreds of social programs people have become dependent on.  These cuts will definitely have major impact on people.  Some will die.  Many will suffer.  And, it is going to happen whether we like it or not.  It is going to happen because it has to.  Either we will cut in an organized manner through some type of legislative process or it will be cut in a disorganized manner through inflation and financial crisis.

I read an article a while back that analyzed what desperate governments have done in the past when these types of conditions have happened – not a pretty picture.  I think maybe we ought to start thinking about that.  They are going to come after the retirement account money.  They may declare marshal law and do just about anything when riots break out in our cities.  Crime will go up.  This has already started.  Desperate people do desperate stuff just like desperate governments do.  No matter what the DC people do the numbers are against them to the max.  Arguing about peanuts cuts that are years away is a total waste of time.  Events seem to be moving faster than the politicians can manage.

At least that is what it looks like to me today.

Viewing 10 posts - 81 through 90 (of 108 total)

Login or Register to post comments