24 replies to this topic

[yoder]

"corporate taxes are highly regressive hitting the poor the worst."

I'm without words.

[Shortpoet-GTD]

Phil, on 20 March 2013 - 08:29 PM, said:

the democrat budget has us still running trillion deficits a decade from now.  When conservatives ran government unemployment averaged 5% and deficits were no where near half what they are now.

My response will take this topic even farther off topic but
what?
What democrat left office with a surplus?
What republican administration gave seniors a drug benefit and started a war without paying for it? (And we're
still paying for it.)
And how many millions of jobs were lost under that same republican administration?

We know you are stating your opinion, because they are not facts. (No offense)

[yoder]

If corporate taxes were reduced to zero, that would not affect the cost of services or products to the consumer because as we've seen already, when corporations get free money from tax payers they gamble with it in the stock market on risky (and completely idiotic) ventures and squirrel it away to offshore tax havens.

[Phil]

No democrat left office with a surplus, he accepted the budget handed to him by a conservative republican congress. Presidents don't write budgets, they can only sign or veto what is handed to them.  That's why Obama has to deal with Boehner, he cannot just spend what he wants, he needs to get it through congress.  You have Newt Gingrich and his contract for America to thank for that budget, not Clinton.

Yes, Bush gave seniors a big wet kiss.  As a fiscal conservative was I happy with that? NO!  And now Obama has closed the doughnut hole increasing the cost even more.  Obama took what Bush did and doubled down.  Am I happy with that? NO!  And I'm a senior!

Bush paid for the war by running a deficit.  Off budget does not mean unfunded.  Again, Bush's worst deficit was less than half Obama's average and that was his last year with a democrat congress.  It was a democrat deficit not Bush's, Bush just signed what democrats gave him.

Average Bush unemployment 5%, average Obama unemployment 8% plus.  You don't get down to 5% by destroying jobs and you don't get up to over 8% by creating them.  Feel free to prove otherwise.

"We know you are stating your opinion, because they are not facts. (No offense)"  Back at ya! :<)

If corporate taxes were reduced to zero it would reduce prices due to competition.  If there is no competition that is a government failure, there are laws against monopolies.

Please tell me where corps, (beside Solyndra, A123 batteries, and other Obama disasters), get free government money?  I'd like to form a corp and get in on it! :<)

Corporations don't invest their money in the markets as a rule, that is wall street.  You know, the guys that Obama bailed out.  He has been in office for over four years, any banksters or wall streeters in jail? Only Madoff that I'm aware of and he ripped off fellow 1%ers.  

Corporations keep money earned overseas in the country where it's earned.  While GM was going bankrupt here they were enjoying double digit year over year sales increases in China.  When one congressman asked why GM wasn't asking China for a bailout, the response was "we aren't going bankrupt in China.  

Corporations would love to bring their profits home but tax laws make that prohibitive.  Reducing corporate taxes would alleviate that situation.

If corps do risky idiotic things they risk investor money, when government does it, (Solyndra,etc.), they risk taxpayer money. I can pull out of a risky investment, I cannot pull out of a risky government, (don't I wish!).

Let's keep this civil and light, shall we?  We have different world views, nothing more, nothing less.  We can agree to disagree without being condescending.

[yoder]

"We can agree to disagree without being condescending."

Right back atcha ;-)