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Subscribe to RSSKEENE, N.H., and WASHINGTON -- There are two views of how Mitt Romney handled himself at the Des Moines Register Soap Box event. From the Romney camp's perspective, it showed strength. From Democrats' perspective, he was out of touch, defending corporations.
Today at a town hall here, he defended the remark once again.
"When you say, 'Tax corporations,' the steel and the vinyl and the concrete, those things don't pay taxes, only people do," Romney maintained. "So high taxes on corporations is high taxes on people, and people are going to go places where taxes are not too high, so we have to be competitive with other nations."
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"Corporations don't build roads, defend the nation, or any of that stuff- they are just, you know, people" said Mr Einstein.
People who need people...
http://www.google.com/url?sa=t&source=web&cd=3&ved=0CDQQtwIwAg&url=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DwOIMXxytv2U&ei=hWNVTtzNBaGysALFn8SLBw&usg=AFQjCNGoYBGTM-OQxn62FztSQyYC6Am8yw
CLASSIC!
Like I've been saying these wing nuts double down on stupid!
Those comments are not going to play well with the middle class, senior citizens, disabled & disadvantaged... not well at all! ;o)
Keep talking Mittens. Even you own party members rebuke you and your corporations are people nonsense.
Corporations don't have a heart and certainly don't bleed. Neither do they pay taxes, drop off the kids at school, or die without insurance.
Stop this fiction!!!
Mittens is an idiot......a very rich idiot!...That's his story, and he's sticking to it!
People who need people...
Feisty,
That is most appropriate video for Mittens. He going to need a lot of people, um friends to defend his ludicrous argument.
People, are waking up and fighting back. Good on the people and piss on Mittens. He just can't fend against real people.
That's just a bunch of @#$%&! crap. There is no proof of this. In fact, there is proof it is NOT so. We've seen it in Wisconsin where tax breaks did not attract business, and in my state where business expanded (Intel) without having to offer tax breaks.
Corporations are going where there is cheap labor and no restrictions on what ever the heck they want to do from polluting to sexual harassment to child labor. To suggest that we must sink to the same low levels of third-world countries to compete is the same as saying the American Dream should be destroyed.
The American Dream is equal opportunity to pursue happiness, but also to move from poverty to the middle class, and middle class to the upper class--throw in a home and two cars if you like. But the right-wing masters want a plutocracy, not a democracy and this "vision" will not improve conditions for Americans.
All we need do is ask the "Corporation-people" to give back to America what it takes from America. That means if you offshore, you must pay a tariff to sell your products in the US market. If we start doing that--asking for skin in the game--you'd see all the jobs come back to Americans so fast your head would spin.
We can continue to be a model to the world with a high-standard of living, which ripples around the world to other nations pulling them up as well. Or we can be small people with small goals and spiral down to the point where we live 25 to a house with no running water or electricity. The choice is ours.
Obama/Biden -2012!
True Patriot are you on drugs? Corporations do go where taxes are not too high or the impact of their taxes keeps their operating margins within the same narrow range as their competitors. You havent paid much attention to Illinois obviously as Caterpillar, Sears and one other got $200 million of tax breaks to remain in the state as they were going to move their headquarters elsewhere after Quinn raised the corporate tax rate by a ton. Wisconsin was one of the locations Sears was looking at but obviously you didnt offer enough. So if Apple goes offshore and they sell 66% of their products to international customers you would charge them a tariff to sell thier goods here in the US? Good thinking dude as that would be the biggest job killer this country ever had. Yes those jobs would come right back to the US and then what would you charge a tariff for all the international corporations doing business here in the US to make sure they sold their goods at the same price? So what you want to do is nationalize our corporations and take the profit motive completely out of the decision. Do you realize no businesses would ever grow with your philosophy?
Kirk -- The importance of taxes and also regulations are blown out of proportion, especially at present with all the loopholes -- See other posts of mine below. In the meantime, the US is the best place to do business and everyone knows it.
I totally disagree. I used to work for a multinational and we set up offices all over the world that were very easy to do business in and besides India, the US is one of the most difficult places to do business but you do it because of the huge wealthy customer base in comparison to the rest of the world but they are catching up very fast
The US is the best place and everyone knows it?
Uh, no.
In fact there is great disparity within the US. California sucks to do business in. Illinios is sucking too, as I'm sure you saw the jobs it has lost since it's tax hikes.
And it's not like there are loopholes in the regulations.
It really boils down to shipping costs, right Kirk?
It's ok, Obama is starting to clue in. I suspect corporate tax rates will be coming down in the next few months.
Two facts that are very, very important!
1. Corporations - regardless of tax rates - do not pay taxes. They simply collect taxes from their customers. (This is true of literally everyone who pays taxes.)
2. Corporations are creations that exist only on paper. They do not live, they do not breathe, they do not eat, they cannot be imprisoned for crimes committed on their behalf. Though the actions of their representatives may result in the deaths of citizens, they cannot be given a death sentence. They most assuredly are not people and with all due respect - precious little - to the Supreme Court, I am at a loss to explain how they speak.
I suppose the last decade of low taxes and lax regulation is why our economy is booming now (not). After the collapse of the finance industry and "Wall Street Gone Wild," it's mind bending that Republicans are proposing less regulations.
Toyota's plants are a great example of companies wanting to do business in the US. We are the largest, most sought after market. We just need to require that jobs go hand-in-hand with access to our market. That goes for US companies that offshore right along with foreign companies.
Large corporations can find so many loopholes that they barely pay any taxes. If myself and corporations are on equal footing, then where are my tax loopholes??? Heck Exxon Mobile and GE don't pay any income taxes to the US. How can I get out of paying any taxes?? Oh, that's right I can't. Seems to me that corporations and people are two very different things no matter what the POS supreme court says. We should raise tariffs so high that corporations will lose money importing goods into the US, that way if you want to sell it here you have to make it here.
"Corporations are People?" Thats like saying "My black cat is an African-American"! NOT!! Both statements are false!! While my black kitty Nicky is sweet and loving, he's NOT HUMAN!!..hes a cat..... Just like Corporations are NOT HUMAN..they are corporate entities..Since Romney took over and gutted many corporations and put many people out of work, one wonders why he thinks they are people now..when he didnt years ago..when he made millions on their backs...flip flop flip flop..hes like the fish you take out of the water..its flippin all over the place to stay alive..and relevent...'nuff said
Do you guys make this stuff up? Large corporations pay billions and billions in tax and pointing out a couple that got legally provided tax breaks is somewhat silly. Corporations might not be people but over 70% of them are just proxies for small business owners that are people and all the decisions that corporation makes is based on the small business owner. You guys are being silly for the purpose of attacking someone you wont vote for or listen to anyway. So I assume True Patriot that you are now backtracking on your previous wild comments on corporations and tax rates etc? Toyota wants to do business here not because of our customer base but because the cost of producing their cars with the value of the dollar was cheaper here than somewhere else. I would assume that with the devaluation of the dollar under Obama that maynot be the same anymore. Your simplistic view of the world doesnt work.
David, its not necessarily true that corporations regardless of rate just collect taxes from customers. They cant necessarily always push the tax cost down into the cost of the product if it makes the selling price of their product too high in comparison to their competitors. So in those cases, it reduces the value of the company to their shareholders which in a large company means you hit institutions and mutual funds. So you reduce the value of pension funds, endowments, 401k plans etc.
Regardless, it's just a particularly stupid thing to say when you're a politician trying to convince people you care about them as individuals, despite your private, personal wealth. Corporations don't go hungry or sacrifice their children to wars or live from paycheck to paycheck (usually). It's an absurd thing to say and the sooner Romeny backs away from the absurdity instead of trying to contstantly explain to everyone that what they're hearing is not what they're hearing...the better. It does makes you wonder if the perpetually tone deaf Mr. Romney took away any real understanding at all from his last failed presidential campaign.
AP, dont give me this regardless language because it just shows that you are not listening and have no intention of voting for him even if had the right economic plan to bring us out of our economic mess. You all know that Romney didnt mean anything close to what you are trying to twist his words and its just absurd that the best all of you can do is to harp on that rather than explain why Obama's policies will work better than Romney's proposals.
Kirk..the only thing you are listening to is the sound of your own heart beat..and nothing else..trust me..if we(im saying people who voted for Obama) saw any HOPE or REAL plans out of any of theses GOP people we would listen..we are not a bunch of mindless blobs..we listen..we listen to the GOP..but THEY ARENT SAYING ANYTHING SWEETHEART....:)
Romney can defend his "corporations are people, too, my friend" until pigs fly but corporations do not breathe, feel emotions or pain nor do they vote. Stating the possible tax rate as too high is fine but Mitt should also tell people the truth--just as with people, the highest tax rate on business is NOT the tax rate paid because of deductions, loopholes, depreciation, etc.
Thanks to SCOTUS, Corporations can vote now... They're allowed to buy as many votes as they can...
Isnt that the truth, Lyn..its not the Supreme court..its now the SUPREME CORPORATION..Shame on these morons....SHAME...
Admittedly, profits made by some corporations are excessive, but I think the point Mr. Romney is trying to make is that corporations consist of thousands of employees and shareholders who do pay taxes.
Without corporations, where will the jobs so sorely needed in this country come from? Will higher taxes on US corporations drive businesses to locate in other countries where tax rates are more favorable?
Independent in Illinois
Admittedly, profits made by some corporations are excessive, but I think the point Mr. Romney is trying to make is that corporations consist of thousands of employees and shareholders who do pay taxes.
Independent,
Sure we all got that except it's not true. They don't pay their fair share of taxes.
There are all kinds of corporations, and many of them have zero employees, because their soul purpose is to protect the wealth of its shareholder - who might be a single individual.
So Beverly what is a corporation's fair share of tax? Do you think the rate should be higher or lower? Do you think when a corporation pays a tax, its a cost of the product or a reduction in the value of that company owned by the shareholders? So you want them to pay more tax so the value of these stocks in the hands of endowments (college tuition will go up), union pension funds (the amount of the future goverhment bailout by democrats will go up), your 401k account just got smaller right?
Good luck Kirk.
Say Ursula, I don't suppose you can name the types and purposes of the various kinds of corporations?
Come on give it a whirl, it'll be super fun.
A shell corporation is a company which serves as a vehicle for business transactions without itself having any significant assets or operations. Shell corporations are not in themselves illegal and have legitimate business purposes. However, they are a main component of the underground economy, especially those based in tax havens. They may also be known as international business corporations (IBCs), personal investment companies (PICs), front companies, or "mailbox" companies.
A classic tax avoidance operation is based on the buying and selling through tax haven shell companies to disguise true profits. The firm does its international operations through this shell corporation, thus not having to report to its country the sums involved, avoiding any taxes.
[I don't suppose you can name the types and purposes of the various kinds of corporations?]
Yes, every ambulance chaser should know how corporate piracy works, right Schpanky? How many corporations have you "helped" evade paying their fair share?
Dont get all intelligent on us now, spanky..There's one kind of corporation...GREEDY!
Ursula, Mickey and Kathy, the only people who use those entities are engaging in illegal enterprises like terrorists, drug dealers etc. There are no legitimate US public companies that do business in a manner in tax havens that are illegal. If you mean that US companies will sell their products to foreign customers via a shell corporation in a lower tax jurisdiction of course they do. That allows the US company to reduce the cost of their product to sell it to a chinese customer and create more jobs here in the US. Kathy, corporations are supposed to be greedy. Thats the capitalistic way. If your local coffee shop can charge $5 dollars for a cup of coffee and your stupid enough to buy it, thats your problem. Dont buy it if you want to save a buck.
No one laughing and shaking their head at the stumbling Romney is arguing the US should not have corporations. The laughing is about this candidate's ineptitude in trying to equate a corporate entity to an individual--this is (painfully obviously) no way to win a nomination in a party whose chief vulnerability is its LACK of compassion for the problems individuals, not corporate individuals, face. (in other words, this is hardly the kind of talking point that is going to woo independent moderates.)
Most people who want the government to take care of them don't understand that Corporations are people. They think these big evil companies must grow on trees or were here when the big bang occurred.
They don't understand that someone worked day and night while his friends cruised by...working some and then out partying and enjoying life. The corporate founder didn't get to go out to the party as he had to make the company work. He had to be sure bills were paid and safety procedures were installed.He hired people as the company grew yet he still didn't get to spend the money he made as it went back into the business for more machines or product.
The employees worked hard and spent their hard earned money on fancy cars, big houses, boats and other toys while the owner continually refinanced the company and grew the business to where he started to sell stock so as to raise more money to hire more employees and purchase additional product.
Now after 25 years of this you vilify the company I built and you see me in my nice car and big house and you call me evil. You want me to subsidize your inability to take care of yourself because you chose to spend it all and save none for your senior years. I think maybe you are the greedy evil one my friend, not the corporation.
maybe available
They don't understand that someone worked day and night while his friends cruised by...working some and then out partying and enjoying life. The corporate founder didn't get to go out to the party as he had to make the company work.
maybe, spare us the bullsh!t. They are lear jet flying, sipping champagne drinkers sitting on some beach waiting on their dividend checks.
In many cases these "FAT CATS" were born with a silver spoon in their mouths and only had to push paper.
Wrong, people are angry at Corporate Welfare--where profits are privatized and debt is socialized (TARP). People are angry that corporations like GE pay zero taxes, or at subsidizing Big Oil while the industry is raking in record profits -- And a long list of companies not paying anything close to the corporate tax rate (from 7% to 17%), while at the same time laying off hundreds, even thousands of workers.
Many companies are sitting on piles of cash, unlike the people who are without jobs. When a company goes under, it does not worry about food, shelter, and clothing. There's no comparison.
Beverly in Chicago-are you stupid or just a stupid liberal?
90% of the corporations in this country are single individuals like myself. We are people, we are the middle class.
Ha ha Bev...you crack me up.
I guess those that can't prefer to believe that as it is easier than admitting they cannot. Certainly there are those born fortunate but most of the successful people I know did it on their own.
Your right True Patriot we should eliminate all corporate welfare and eliminate the corporate tax rate completely. Can you imagine the competitive advantage that GM, Ford and Chrysler would have selling their cars against toyota etc when they could lower the price of their cars because they no longer have to pay 35% of their net income to the government. Can you imagine the number of new middle class workers we might have in Michigan, Wisconsin making cars that can compete even better with its competition. Companies paying a low tax and laying off workers have no correlation not even sure where you are going with that. A struggling retailer like Sears could be paying very little tax and laying off workers whats your point
Larry: not too long ago lots of professionals declared themselves "sub chapter S corps." Why? To take advantage of a more favorable corp. tax rate. If you are a true "single person" corporation, then it's profits are passed thru to you and taxed at the individual rate. If you pay yourself dividends, you benefit from the lower rate. If you are truly middle class as you say, then your tax rate and calls to tax corporations shouldn't be an issue to you. Now if you feel you've put more at risk in time and capital to earn your $250,000 aftertaxes, than the attorney, doctor or drug rep. who earns the same, but doesn't have the same risks, then you should be mad at the tax code, not the calls to tax corporations. But unlike an attorney, doctor or drug rep., you should be able to depreciate more things and claim more expenses against your gross earnings than they can.
wm - What the hell are you trying to say man?
Ps. S corps are soooooooo yesterday. LLC is the way my man.
WM-I own 3 businesses and I take every deduction I can. I own a tax service and help my clients who are primarily lower middle class to start businesses so they can have the American Dream also.
Read Rich Dad Poor Dad and maybe you will stop being a socialist victim and start contributing.
You mean like leasing cars for every member of your family, the company paying the insurance on all of them.
Using the AMEX to pay for the private schools & $700.00 meals for you & your wife?
My favorite it the $3K a night at the Trump hotel for the evening with the mistress...
YEAH - I work for a corporation and KNOW all about the deductions...
And the creative accounting that takes place at year end!
and yet Feisty you remain lover of marxism seeking to enslave all of us in your love of totalitarian govt instead of liberty and the pursuit of happiness.
The old gal does raise a good point - does Feisty Industries rock an AMEX Black card?
Rich dad, poor dad - excellent advice, too bad the libbies will just ignore it.
Oh well.
One more thing Larry - I failed to mention they're BOTH flaming Republicans who think NOTHING of cheating on their taxes...
Lord help them the day I locate a new job - I will be on the IRS 1.800.YOU.SNITCH in a freakin heartbeat!
Best part is the IRS is offering rewards for tax CHEATS!
Uh-Feisty, I'm a Tax Preparer approved by the IRS.
Rich Dad, LOL. I see there are some who have been taken in with a wealth-building scam (for Kiyosaki that is--I've met the man). I have some swamp land for sale if you're looking for a great real estate deal. At least buy my book.
Liberty and the pursuit of happiness is one part of the American Dream mentioned in my post at the top. The American Dream more specifically applies to moving from poverty to the middle class. Obviously this is not what the current GOP/TP is about, but rather a plutocracy (rule by the rich). Plutocracy and democracy don't mix. And you call others Marxists, like that's worse than a plutocrat or fascist as we see from the far-right conservatives.
People like Bachmann who have a background of working for the IRS, or anyone doing taxes, or being a tax attorney, who claim to be anti-tax are looking to be unemployed? Like all the Republicans who are anti-government asking for federal assistance -- Go figure.
Uh HUH!
And I am the queen of England -- lmao@
By your very own words - you're a business man (who owns multiple companies) a preacher, a tax cheat and a fraud...
*yawn* and moving on... YOU bore me!
WHO doesn't LOVE the internet - where you can be all you can be.. lmao!
Feisty? as evidenced in this blog, most repubs could not have been born due to "creative design"!.. They are neither creative or well read..I think the quote that would fit Larry and the crazies would be "Stupid is as stupid does"..Look at Texas and the poor.. and uninsured..yada yada yada...oh,,and i TOTALLY believe in abstinence..even though my(Perrys) state is the third highest in teen pregnancy.. I guess the teachers just didnt teach abstinence right!!! lol ..they used birds and bees.. and I think a bee's reproductive process is different from humans..ya think?..
q
This guy is a total fraud !
Oh come now, maybe available - corporations exist so that liability for taxes is severely reduced compared to individuals. They are formed to shield the owners from liability acquired through products or practices. They are formed to shelter income from being counted as personal income. They are formed to be able to "sell shares" when they want to BORROW money instead of taking personal loans - one nice advantage being that is it is a personal loan to fund business expansion that doesn't succeed, the owner is on the hook for repayment but when it is BORROWED in the form of shares, the investor loses in most categories of "share ownership", and the "owner" owes nothing to them. It's a lot of rhetoric that if put up side by side to risks and ventures by individuals confers a very comfy sheltered situation...not to mention the defense of sub-living wages and shoving workers into public safety nets in the name of profit.
I see you in your nice house and fancy car as someone who added to the country's deficit and debt because for every nickle that went to lobbying and campaign contributions for politicians that gave your corporation preferences unavailable to citizens was a nickel spent in making sure you got on the backs of others.
Grammaknows-your name is an oxymoron. Corporations don't pay their income taxes, their customers pay them. Corporate income taxes need to be abolished, not raised. They are simply a cost that they pass on to their customers-which is us.
Corporations never pass savings on to the customers. The larger the profit the more they keep. Period. Taxes are simply requiring corporations to invest back into the communities from which they profit, therefore a little less profit, but rightfully so -- Benefiting from infrastructure, from an educated work force, government-provided security, etc.
Ask the people of Libya now, how easy will it be to conduct business, even the oil industry without government, law enforcement, skilled workers, and just plain electricity.
Grammaknows should change her name to Gamma doesn't know.
Gramma, first of all, Corporate tax is 35% as is personal income tax at my level. No tax savings here. You may be speaking of "long term capital gains" which are taxed at 15%. These are things you invest in and hold at least one year. If not held one year you are taxed at your personal income level. Therefore corporations do not exist to reduce taxes.
You say they are formed to shelter income, can't do it. Once you get your hands on the money it is taxed. You can only defer the tax but you will pay it.
You say they are formed so you can sell shares opposed to borrowing money personally. It is the same as selling equity in your home as to getting a second mortgage. Of course, most people will not sell equity in the home but if a business is making a profit then the people buying those share will share in the profit.
I don't have time to explain everything to you but you could take a class and learn how and why we incorporate our companies or simply post incorrect information. Your choice.
Take a class? Well, maybe available, that's the basis for my degree. http://www.incnow.com/tax.shtml
Those of you who are not incorporated, check out the link and learn how to NOT pay out of pocket for your health insurance, kids' education, the vehicles you and your family drive, take vacations on the company dime (as long as there is some work related activity), fund yours and your kids' retirement, fund your own continuing education and have that expense not counted as income, even pay a portion of the expense of maintaining your home (or vacation home too if you meet the time use rules), and even borrow money from the "corporation" at a favorable rate.
Maybe available, maybe YOU are the one who should take a class if you are not aware of the purpose of incorporation.
The sheltering of income and redirecting income through foreign banks and subsidiary corporations located outside the US is not necessarily a strategy that individuals as corporations employ - even though there are a number of countries that allow shell companies to exist merely as a funnel through which income, generated in the US, may be made to appear earned offshore and thus not subject to US taxation.
The taxes paid by corporations (Larry - they don't go through the trouble of calculating how much to pass on to the customer) is a fraction of what any group of individuals would pay in an equal amount of true income.
At the same time, there is extensive lobbying to leverage the best deal possible for doing business. The taxpayer foots the bill for the environmental impacts, the sub-living wages paid, the infrastructure construction & upkeep and more. Many major and minor corporations would fold in a heartbeat if they paid the true and actual cost of doing business. While some may argue the jobs they 'create' are so vital and necessary, the fact is, when we are faced with massive safety net programs, crumbling infrastructure and an environment that is becoming so toxic as to threaten life on the planet, a SERIOUS cost/benefit analysis needs to be done, and with the accumulation of wealth becoming concentrated in the hands of so few, it doesn't take a genius to figure out that corporations owe the public a huge debt...a debt that is long overdue.
THANK YOU GRAMMA!!!
But I'm afraid talking to Larry, Kirk, Spanky and their ilk is an exercise in futility because they are too caught up in the RNC platform plank sales pitches - desperately seeking support for those illogical, untrue, detrimental positions wing-nuts advocate - and can not understand pure simple truth and facts. (sigh)
Oh well - let them spout and spew....
You have lifted my spirits and reminded me that most voters see right through their talking points and weak arguments and untennable positions designed out of greed simply for greater personal profit.
Thank you again for a refreshing respite from the t-bag garbage! (and a dose of truth!)
Democrats are idiots.
Keep it up with the class warfare rhetoric. Run off the rest of the people (yes simpletons, people) who employ people. It's a global economy, like it or not. They don't have to stay, or even be in business because they are the "evil rich".
OKay IdiotPonders,
You corporate fascists need to be informed that We the People are not as naive or stupid as you class rulers would like to believe. We know how to spell Class Warfare: F-R-E-E M-A-R-K-E-T C-A-P-I-T-A-L-I-S-M. I believe I just scored a perfect grade!
Hear! Hear!
Do you even hear how completely moronic you sound? I can hardly control my laughter. Let's look:
OMG! That is stupidity to a higher art form! How many times have you been told you are the definition of "wah"!
Here's a clue for you simple minded fools:
Why do you think someone else owes you a living?
The Gilligan's Island analogy -- Romney is Thurstan Howell, III, Gingrich is the professor, Palin is Ginger (with fancy pageant walking), Bachmann is Mary Ann (from the mid-west), and Perry is Gilligan. The Skipper is still up for grabs. "Three hour tour..."
I thought Ron Paul for skipper being he is the father of the tea party the leader of the lost.
ron paul is far from the tea party, lets not insult him like that
For the most part we are not talking about corporate founders, the Thomas Edisons, Alexander Graham Bells of the world. We are talking about a group of people and organizations that have actually structured themselves to take very little risk and to benefit from the corporate and personal tax structure. Corporations, especially the truly global, are not only hardly people, they are hardly US citizens. Their objectives and goals are not strictly tied to the general welfare of the US beyond their interest in maintaining a market for their goods and services and protecting their US infrastructure. If we don't tax corporations, the individuals running the corporations will simply hold all profits generated within the corporate structure while the individuals benefit from it. It's means very little to the CEO whether he owns his house himself, or the title is held by the corp.
So, even with our high unemployment rates, we don't need to worry that corporations may take their businesses and jobs to countries that have more favorable tax rates. Is that right?
No -- we do not need to give into corporate blackmail anymore -- we need to STOP it! You do that by working COOPERATIVELY with other states and nations to put the interests of workers and the PUBLIC (You know -- that thing around which is based our system of "Democracy"?) ahead of the interests of powerful, wealthy special interests, i.e., the corporate ruling class. If we don't do that, we can kiss goodbye to any semblance of the "Democracy" thing. Why do I think you'd enjoy that?
republicans,GOP, Right wing, what ever you want to call it. They are a bunch of racist SOB's who only care about the wealthy, the billionaires because those are the people who pay for their elections. Dont start talking about cut their taxes for job creations. 10 years, if you right wing SOB's dont know yet, 10 years of tax breaks and unemployment still growing, so where are the freaking jobs that corporations are creating. Spare me lies and more lies.
Daniel-quit being a whining socialist parasite and create your own job.
How come immigrants both legal and illegal come here not speaking the language and quickly start their own businesses and move into the middle class?
The reason is they understand the American dream and they go for it with a full commitment and passion to succeed.
How different from you whining leftists who always look to someone else to make up for want you don't achieve.
And BTW Daniel, my family are people of color from Central America and staunchly conservative.
And is Herman Cain racist against himself? How about Congressman West from Florida?
How about the 37 Black Tea Party Candidates for Congress in the last election (2 won). Are they racist against themselves?
How about the The National Leadership Network of Black Conservatives or The Black Conservative Coalition or Lloyd Marcus or Jesse Lee Jefferson who head Black Tea Party Organizations?
So much of what Gov. Romney says is jibberish:
"So high taxes on corporations is high taxes on people, and people are going to go places where taxes are not too high, so we have to be competitive with other nations."
Does this mean that American citizens are going to go places where taxes are not too high? Or that the headquarters of corporations will move off-shore in order to avoid paying US taxes? Why would immigrants (people) come here if our corporate tax rate were too high? WE have to be competitive with other nations -- who is "we?" Corporations? Government? Individuals? If China has a low tax rate, and investors are flocking to China, wouldn't immigrants be flocking there as well? Or perhaps the corporate tax rate is just a small piece of what makes a competitive nation.
Daniel relax, you are going to bust a vein. The jobs are offshore as we make it so difficult and expensive to hire people. It is much less expensive to have your product manufactured outside of the USA and until Congress loosen regulations and lowers the corporate tax that is where the jobs will remain.
May want to come over to the GOP as they champion less regulation and lower taxes......that would bring the jobs back.
No we need to charge a tax for goods made outside of America to be sold in America. High enough to make it cheaper to make the product here in America.
Just how long do you think fuel is going to be cheap enough to ship things back and forth to China and the goods manufactured there still be cheap? Kinda of a ridiculous long term plan as fuel get more and more expensive.
The republican plan is to lower taxes, loosen regulations so they can pollute and kill the earth. We wouldn't want our grand-kids to inherit a debt, but a dead polluted planet, no problem.
I have seen a lot of posts that suggest that companies will bring back jobs if the tax rates are lowered and regulations are lifted.
Anyone in business knows that your largest expense in most manufacturing businesses is overhead. Companies already have less regulation and less taxes in other countries but they get cheap labor there as a bonus. I don't see the American worker deciding they will take less wages to bring companies back and companies will not come back unless there is cheaper labor. It is double edged sword.
However even if there was cheap labor you still need DEMAND for products to go up before companies will hire people or expand their business. The problem with that is that demand comes from the very people companies want cheap labor from. Therefore if you lower wages you are ineffect, cutting your nose to spite your face, since they are the very people that buy the products.
one correction - I meant to say Jesse Lee Peterson, not Jesse Lee Jefferson
Larry Robinson-1323081
one correction - I meant to say Jesse Lee Peterson, not Jesse Lee Jefferson
Larry, sorry to say Jesse Lee Peterson is a self loathing, stupid, uneducated Black man who thanks God for slavery. This is the type of ignorance Black people are fighting against.
http://www.youtube.com/watch?v=d7jfKHmMv-Q&feature=related
Yes, the are some educated blacks who are not dumb enough to lick boots like Colin Powell who does NOT. BTW; Lloyd Marcus is a traveling minstrel. T- nut blacks do the bidding for racist.
All you fools calling me stupid for not swallowing the baloney about corporations being people are a bunch of uneducated, low information voters.
The 14th amendment was for slavery and hijacked by corporations.
http://74.6.238.254/search/srpcache?ei=UTF-8&p=The+14th+amendment+was+slavery+not+corporations.&type=966134&fr=chr-greentree_ff&u=http://cc.bingj.com/cache.aspx?q=The+14th+amendment+was+slavery+not+corporations.&d=5017505615185220&mkt=en-US&setlang=en-US&w=c101cd32,ba71c7b4&icp=1&.intl=us&sig=WehaYp1rreJkyjlgJsVBEg--
So Beverly, now we know you are a racist-for you the only good blacks are the ones who worship their liberal masters who provide their food stamps, affirmative action programs, and other redistribution of wealth programs.
Any other blacks are "uncle Toms" or worse in your mind. Thanks for showing us what a racist you are.
Larry Robinson-1323081
So Beverly, now we know you are a racist-for you the only good blacks are the ones who worship their liberal masters who provide their food stamps, affirmative action programs, and other redistribution of wealth programs.
Any other blacks are "uncle Toms" or worse in your mind. Thanks for showing us what a racist you are.
Call it what like I know I'm not. I have a natural antipathy for modern day slave catchers like Black tea- nuts. That would include you.
slave catchers were people who returned escaped slaves to their owners in the United States in the mid-19th century. Slaves who managed to free themselves from their owners too
Woot=woot Bev -
You really hit a nerve with these guys on this topic!
Exposes some of their illogical "thnking" on issues.
And I am a corporation registered in Delaware.
All of this from a guy who sends jobs overseas,fires his own workers then rehires them at 25-35% less,has 250 million of his own money BUT dosen't have a job.
No Thanks.
"10 years of tax breaks and unemployment is still growing" So if corporations have not created jobs even though they have gotten " tax breaks," how will taxing them at a higher rate lower the unemployment rate?
Independent in Illinois
"10 years of tax breaks and unemployment is still growing" So if corporations have not created jobs even though they have gotten " tax breaks," how will taxing them at a higher rate lower the unemployment rate?
That is a good question. Pence can answer it
From November 2010:
Today, Rep. Mike Pence (R-IN) made a startling admission: the Bush tax cuts did not work. "I think it's fair to say, if the current tax rates were enough to create jobs and generate economic growth, we'd have a growing economy," he said. "It's not working now."
When Republicans pushed through the original Bush tax cuts, which sunset at the end of the year, they made all sorts of lofty promises. They boasted that the tax cuts would increase revenues, create jobs, and grow the economy. As a depressing reminder of a different time, Sen. Mitch McConnell (R-KY) actually argued that "the surplus will pick up" thanks to the stimulative effect of the tax cuts.
Instead, we got exploding deficits, lethargic job creation, and "the slowest average annual growth since World War II." Worse yet, as the New York Times' David Leonhardt points out, that's "true even if you forget about the Great Recession and simply look at 2001-7."
So kudos to Pence for being honest. The only problem is that he views the failure of the Bush tax cuts as a reason to double down on economic policies that do not work. Not only does he want to spend $700 billion to extend tax cuts for the wealthy — who economists predict "will save the money rather than spend it" — but he wants to pass additional tax cuts to boot.
Amazingly, Pence is absolutely certain that Republicans already "won this argument" about taxes. But the facts are stubborn, and they disagree.
http://politicalcorrection.org/blog/201011180006
Well said, Beverly. If the tax cuts had worked in creating jobs, we wouldn't have the unemployment problem we have now.
....but -spanky, larry, kirk , JAS1 & company keep insisting we have to go even further, give them just a little bit MORE, "double down" on the strategy....
Are you suggesting that they may be professing illogical untruths? Are you intimating that the wing-nut RNC platform plank may be founded upon greed and myth? Do you promote that they are only attempting to sell us voters a bill of goods so they can pocket even MORE excessive profits?
B-I-N-G-O!!! Great job Brent! We need to continue exposing their lies/spin/talking points for what they really are. Come November 2012, a sale will be concluded; either we will be able to sell the voting nation on the truth, or the t-nuts will sell us all - and pocket the money....
More liberal idiocy.
Do any of you even understand the principle of a "free market system"?
Of course not, you're liberal "gimmeeee, gimmeeee, gimmeeees. Life owes me 'cause i was born!"
For the last century our politicians have warped the markets and free enterprise. Of course, you all being of little understanding and only caring what rubs you between the legs care not for the future of our nation or our future generations. You are really sickening and not worthy of anything but derision.
The current path has been declared unsustainable by many independent sources. Idiots say "stay the course". Yay, you.
Beverly in Chicago
Interesting post. Thank you for the response.
I don't have a problem with Larry's rants, so long as he accepts the notion that if corporations shouldn't be taxed, then all of their profits should pass through to the owners and shareholders. The problem is that Larry wants to treat his earnings as different than others and not subject to the same taxes. He feels that his risk capital and time is different than a wage earner's labor. What Larry objects to is taxes.
Romney's views, like those of the Koch-Brothers-controlled G.O.P., constitute classic fascism. With two justices of the not-so-Supreme Court saying that freeing of the slaves was a violation of Constitutionally guaranteed private-property rights, could pogroms and concentration camps be in our murderously anachronistic American future?
You can defend it until the cows come home, It doesn't make it true
Bachmann has already signed a pledge stating she thought that blacks were better off in slavery, more likely to have a two parent home.
Who knows what evil plans lurk in the tea-publican brain. It is all based on opinion and not fact anyway.
Last I knew...that is all corporations are...a lot of people working together...but maybe someone knows something I don't...
.
ya people get the coorporate profits... there called CEO's... why you do you think they can afford private jets, several houses and anything money can buy, and they complain "No, we need MORE tax cuts so we can give you guys jobs!"???? Welp coorporate america, you havent created jobs the past ten years with your cuts, youv only posted record profits. Its a joke to think that when these coorporattions make more profit that that money will trickel down and create jobs. IT DOESNT as we have seen. People are naturaly greedy but it is these coorporations (or there CEO's ) who make money solely for the sake of having alot of it and for this reason, we need to impose taxes to redistribute this assinine wealth these people have that complete laissez-faire allows them to accumulate.
romney hasn't learned one important lesson-YOU CAN'T DEFEND WHAT'S INDEFENSIBLE !!! and trying to do it makes him look ASININE !!!