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You know personally I wouldn't care if the Corporations paid little to nothing in taxes.....

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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 09:18 AM
Original message
You know personally I wouldn't care if the Corporations paid little to nothing in taxes.....
provided that they used that extra money they are saving to hire more Americans (in the USA please) and make sure we had decent healthcare. I guess there was some profound thought that if we lowered corporate taxes they would use that savings to hire more people and in return the government would get taxes from there.

But the thing is this, these corporations aren't hiring or if they are it's sending our jobs overseas. I think the new tax laws for Corporations should be simple - hire more people inside the USA and make sure they have some healthcare and we'll give you a break on taxes. Ship jobs overseas or deny healthcare and we'll tax the hilt out of you.

Fair enough
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orwell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 09:37 AM
Response to Original message
1. Corporations should not be rewarded for outsourcing...
...through tax policy. It ensures a race to the bottom for global labor.
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Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 09:43 AM
Response to Original message
2. I wouldn't care if the Corporations paid little to nothing in taxes.....
...if capital gains were taxed at the same rate as payroll taxes.
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jtuck004 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 10:00 AM
Response to Original message
3. I understand the sentiment. But how then do you pay for the streets
Edited on Thu Apr-21-11 10:01 AM by jtuck004
their workers go in and out on, the sewer and water and electrical changes, police, fire, building safety, the schools their workers are raised in, etc?
Corporations are not benevolent providers of jobs that need to be kowtowed to - and such a position weakens this economy and our people. I read something the other day that stated our opponents were routed in the 2008 elections, and have been controlling the politics ever since. Here is yet another example.

We have 30+ years of history now that tells us what happens is that jobs are NOT created, money is funneled to fewer and fewer people, and the people depending on the economy suffer as a whole. Taxes are already too low on corps. We had one of the strongest economies in the world before Reagan came along with that same nonsense. His position was nothing but greed and selfishness. We know that now, yet people still come up with the silly "tax cuts create jobs message' because, apparently, we haven't yet learned our lesson, or don't have the fortitude to stand up to people who are acting like bullies. We should be looking for and developing business people who care about their country, (hey, it works in Germany - we aren't the only ones with a AAA rating on our bonds). If the selfish want to leave, let 'em. There are plenty of people who can re-create what is being done today, in a more cooperative and far more humane way than we have now.

Demand is the only thing that drives manufacturing, despite the exhortations of the Republican 80's, and that demand comes when people are paid enough to have the disposable money to buy their products, not when taxes on the most greedy are lowered.

Henry Ford used to take severe criticism over his pay to workers - higher than all the other manufacturers, who were only concerned about lower taxes and pay. His point; If you don't pay them enough they can't buy your product. And if corps don't pay taxes, you can't have a decent infrastructure.

Most any gardener will tell you that plants can benefit from occasional pruning, but there is a point at which you take so much away that you kill the growth. And that is what we, as a country, have allowed to happen to our nation.
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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 10:03 AM
Response to Reply #3
4. Remember we're still paying taxes but if they hire within the USA
and none of this VISA stuff they use to skirt around the 'hiring in the USA' crap - they take legal Americans, especially those on unemployment and hire them, it'll work.

And remember corporations do pay some taxes, the concept is this - they are getting away with murder because they neither pay taxes nor hire US citizens in the US.
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 10:04 AM
Response to Original message
5. Someone suggested Alternative Minimum Tax for corporations
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Initech Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 10:14 AM
Response to Original message
6. I wouldn't care if they didn't hoard all the profit for themselves
And actually paid their workers real salaries instead of $12/hr.
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 10:16 AM
Response to Original message
7. Corporations should not have anything to do with healthcare.
Let's make a deal: The corporations create jobs, do the hiring, building factories, etc. in the US, and the US implements single-payer healthcare, saving the corporations MILLIONS they are currently spending on insurance. If they are no longer paying for healthcare, then that makes hiring locally instead of overseas much more viable and profitable. They can build a plant here and ship products across the States, and be no less profitable than if they built a plant in Indonesia and had to ship components and finished products thousands of miles to get to US markets.
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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-21-11 10:22 AM
Response to Reply #7
8. I'll sign up for that
:D
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