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Post by helens on Jul 4, 2012 10:27:03 GMT -5
Whew, Helen I'd get carpel tunnel just trying to type as much as you. I guess I just have a single question. Seeing as how the country is a debtor nation, flat broke, has lower tax revenues due to a failing economy, has massive unemployment, massive unfunded future entitlement expenses, is already almost 16 trillion dollars in debt, has over 50% of it's people using free government services, and fighting multiple wars, terrorism, illegal immigration, and drug cartels Where is all the money going to come from that will be used to fund all these dreams of a new America you have? I'll answer that with a simple question. If your business was failing and you weren't ready to give up on it, how do you turn it around? By locking the doors or investing more money in it? Where does the money come from? I have told you by now at least 10x, taxing GE 1/3 the rate they paid 30 years ago... 28%. Taxing Mitt Romney 1/2 the rate he paid 20 years ago - 28%. You randomly pick any 10 public (stock market) US corporations who paid 0% income tax and if they are about the size of GE and paid 0%, that's 30 BILLION per YEAR. Now expand that out to the 2000 biggest corporations on Nasdaq and the NYSE and we probably wouldn't even need income tax anymore, because in the last 3 years, those companies made so much stinking money that the Cayman Islands are now very very rich. |
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Post by jakesrocks on Jul 4, 2012 10:34:02 GMT -5
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Sabre52
Cave Dweller 
Me and my gal, Rosie
Member since August 2005
Posts: 20,492
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Post by Sabre52 on Jul 4, 2012 10:45:31 GMT -5
Oh yeah Helen, destroy corporations and the rich with additional taxes and drive them and their jobs from our country during a recession with low employment. Plus, these rich individuals and corporations have bought and elected all the politicians on both sides of the aisle so you know what you've proposed is going to happen. Girl, you've got to step out of sci-fi. You know any real tax revenue increase will come form the middle class *L*.
And yes indeed, If your business is not profitable and failing. You either file and reorganize your business to be more efficient and profitable or close the doors. Guess you're one of those pro Solyendra folks huh? We don't have enough folks on welfare, you want businesses on welfare too huh? *L*
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Post by helens on Jul 4, 2012 10:56:25 GMT -5
Why would they be destroyed to pay 1/4 of the tax rate they paid during the US's 'golden years'? They weren't destroyed at 90% taxation, but they'll be destroyed with 28%? I KNOW you are too smart to believe that. Especially when secretaries pay 31% and aren't 'destroyed' either. But more... you want to enjoy OUR money in your retirement, but see NO reason we should get to enjoy OUR retirement. While I can imagine you think that's perfectly fair, those of us paying it don't think it is. You file and reorganize your business absolutely... by injecting more capital into it. No business survives by shutting its doors to 'reduce costs'. Solyndra was representative of huge success in alternative energy investment. You sow seeds, and some fail. You don't stop planting because some seeds fail, so long as other seeds take root. Fuelcell and Capstone, among MANY others are really taking off. Fuelcell signed a contract with a German power company last month. I ABSOLUTELY are a pro-Soyndra root. I understand that with investing money, some will do well, others will not, and you spread the eggs in many baskets. And lo... that's starting to work ALREADY, far sooner than I would have expected!!! finance.yahoo.com/news/fuelcell-energy-announces-completion-asset-070000752.htmlIsn't that AWESOME news for US investment and alternative energy:)? |
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Post by Rockoonz on Jul 4, 2012 10:56:53 GMT -5
Mel, the utopian thinks government is somehow able to express compassion, and to have sympathy towards the needy, when this in fact is impossible.
The main function of a social welfare state is to be self-perpetuating. If these programs ever were sucessful in lifting folks up the beureaucrats would be out of a job.
My 401k is pretty healthy too, mostly because I shifted most of it to safer investments after Obama was elected. Buy low, sell high, they say. I notice that every time the president makes a major speech about spending more Obamamoney the stock market drops precipitously. I bet George Soros makes a mint off it too.
Lee
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Post by helens on Jul 4, 2012 10:58:13 GMT -5
You worry about Corporations leaving... they pay 0% income tax right now, who gives a crap if they leave? They manufacture in China and India and sell to us here. If they pay no taxes they are worse leeches on our system than Mexicans, who at least work hard when employed.
What you SHOULD worry about are the Middle Class Americans paying for your SS and Medicare leaving. Because if they try to sock US somemore, we'll move to the UK like my cousin did.
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Post by helens on Jul 4, 2012 11:05:01 GMT -5
The corporations would NEVER move from here... for one simple reason. There is NO LAND elsewhere in the WHOLE WORLD besides the USA to develop, except in sub-sahara Africa, which does not have the INFRASTRUCTURE to do business in.
For them to invest in their infrastructure to bring it to 21st Century standards, they'd have to spend FAR FAR FAR more than 28% in taxes on NET profits, WHILE destroying their BASE MARKETS, the US people. They aren't going ANYWHERE.
Same for the rich, the Chateau's and Castles are finite in Europe, and going up in price as the wealthy fight over them. No more McMansions for them... they aren't leaving. The middle class wouldn't even notice the difference, it's WAY easier for us taxpayers to leave:).
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Post by helens on Jul 4, 2012 11:07:34 GMT -5
I notice that the Stock market has exploded since Obama took office, and right now a blind monkey can make money in it, and actually believe they are good stock pickers. Nasdaq's 5 year chart: finance.yahoo.com/q/bc?s=%5EIXIC+Basic+Chart&t=5yS&P's 5 year chart: finance.yahoo.com/q/bc?s=%5EGSPC+Basic+Chart&t=5ySince 2009 (remember, Obama did not take office til Jan 2009), there was nowhere to go but UP UP UP. Sure it dips and ebbs, but the overall trend is still up. You don't need to look up MY links, go find your own for Nasdaq and the S&P, they'll show you the EXACT same results. Jan 2009, stocks EXPLODED upwards and has not stopped yet. At least til Nov. |
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Post by helens on Jul 4, 2012 11:22:21 GMT -5
Something to consider:
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Post by helens on Jul 4, 2012 11:30:27 GMT -5
Something else to consider. ALTHOUGH, lets talk about HEALTH INSURANCE COMPANIES!!!! THIS is Aetna's Income Statement. Now if they were only allowed a 15% over the COST of Insured's Medical expenses, they could not possibly meet their expenses... so they will have to cut some compensation: finance.yahoo.com/q/is?s=AET+Income+Statement&annualI read that for 2011, the CEO of Aetna took home 41 million dollars US. I can't find it right now, so here's the Aetna CEO compensation for 2010: blogs.courant.com/connecticut_insurance/2011/04/aetnas-former-ceo-ronald-willi.htmlOh look! 72 MILLION dollars US!!! And every day, they deny Americans coverage... MRI's aren't covered, you have a pre-existing condition, blah blah, so that even CUSTOMERS who pay premiums to them can be denied coverage or kicked from their plans after paying in 30 years because they got sick ONCE. All so the CEO can take home 72 MILLION DOLLARS!!! I wonder what the CFO, the COO, the Comptroller made at Aetna? OF COURSE they will pay and pay and pay and pay to get rid of Obamacare before it kicks in in 2014. The good question is... WHO is stupid enough to fall for their arguments in the form of their Republican mouthpieces? I feel really sorry that instead of making 42 MILLION dollars, the CEO may have to make a measly 20 million so that they can fit their salaries into that 15% overhead. But not as sorry as I am for those who worked at a company for decades seeing their whopping $45K cut by 1/2 so they can lose their homes. |
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Post by helens on Jul 4, 2012 13:44:52 GMT -5
This is accurate. How SOCIALIST!!!
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Post by helens on Jul 4, 2012 14:38:19 GMT -5
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Sabre52
Cave Dweller
Me and my gal, Rosie
Member since August 2005
Posts: 20,492
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Post by Sabre52 on Jul 4, 2012 16:59:32 GMT -5
*L* Helen, Helen, Helen. *L* You are so funny. I don't want to enjoy your money in my retirement. The government, especially this government, does not consider the money "yours" once they steal it in taxes. That's why they never expect to be questioned about how they spend it. Freaking government never asks me how I want my tax money spent so why should you get any say so over yours? *L* I want the government to give me their money, which they owe me, during my retirement. Once they took it from you and it was no longer in your bank account it weren't yore money no more *L* That's the Democrat mindset about tax money right? They think they know how to spend our money better than we do......Mel
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Post by helens on Jul 4, 2012 17:16:23 GMT -5
*L* Helen, Helen, Helen. *L* You are so funny. I don't want to enjoy your money in my retirement. The government, especially this government, does not consider the money "yours" once they steal it in taxes. That's why they never expect to be questioned about how they spend it. Freaking government never asks me how I want my tax money spent so why should you get any say so over yours? *L* I want the government to give me their money, which they owe me, during my retirement. Once they took it from you and it was no longer in your bank account it weren't yore money no more *L* That's the Democrat mindset about tax money right? They think they know how to spend our money better than we do......Mel You are correct of course... once paid in taxes, it's 'theirs' and they get to spend it where they will. And what do FREE MARKETERS care about? YOUR well being or THEIR profits and Cayman bank accounts? Live by the sword, die by the sword. I MUST go stuff face before fireworks! Be back later:). |
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Post by jakesrocks on Jul 4, 2012 17:18:18 GMT -5
You worry about Corporations leaving... they pay 0% income tax right now, who gives a crap if they leave? They manufacture in China and India and sell to us here. If they pay no taxes they are worse leeches on our system than Mexicans, who at least work hard when employed. What you SHOULD worry about are the Middle Class Americans paying for your SS and Medicare leaving. Because if they try to sock US somemore, we'll move to the UK like my cousin did. Helen, I give a crap about corporations leaving, and so should you. Think about it girl. No, it's not right that some corporations are paying 0% taxes, and that has to be corrected. But corporations mean employees, and employees do pay taxes. Corporation goes bye bye, and so do their tax paying employees. More unemployment = more tax on those still lucky enough to have jobs, and = more unemployed receiving unemployment checks. Which I might add, the Obama administration keeps extending, which is more of a tax burden on the ones working. |
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