Why are Democrats so fukkin dumb?

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  • blakey971
    SBR Rookie
    • 03-27-11
    • 4

    #36
    Originally posted by guitarjosh
    It will be filled when business move here to take advantage of our lower tax rates. Your plan will create the gap. Companies won't hire unless the money they have to spend on their new employees will be more then offset by tax breaks.
    Offering incentives for job creation will not make a gap. It will create more taxable income.
    Comment
    • blakey971
      SBR Rookie
      • 03-27-11
      • 4

      #37
      Originally posted by guitarjosh
      It will be filled when business move here to take advantage of our lower tax rates. Your plan will create the gap. Companies won't hire unless the money they have to spend on their new employees will be more then offset by tax breaks.
      Offering tax breaks for job creation will not cause a gap. The new jobs will create more taxable income and lower unemployment.
      Comment
      • benjy
        SBR MVP
        • 02-19-09
        • 2158

        #38
        Of course. The simple ideas in this thread have been sitting in front of everyone for so long but it was you, and others in this thread, who have finally pointed out what will bring the economy around.

        Thank you so much for saving us all.

        A Nobel prize in economics surely awaits this thread.

        Rejoice! The deficit is under control. The economy is saved!
        Comment
        • Thor4140
          SBR Posting Legend
          • 02-09-08
          • 22296

          #39
          Originally posted by rsnnh12
          The effective rate is actually closer to 27% when factoring in tax breaks (which costs the companies a lot of money in paying accountants to find those breaks). Lots of money is moved overseas or counted as personal income. If the overall corporate tax rate was lowered, more companies would find it beneficial to keep operations stateside and pay reasonable taxes, versus going through the hassle of lowering the overall tax burden now

          http://www.smartmoney.com/investing/...leading-22463/

          Yeah im sure they would,. Next they will be bitching about regulations and how over at their sweat shop they can dump their toxic chemicals into the ocean. So now they will need these regulations removed immediately. Not all companies but a lot of these cock suckers are as greedy as it gets.
          Comment
          • clynnm17
            SBR MVP
            • 09-08-10
            • 1360

            #40
            from one of my favorite movies Sleepers right before the 2 guys blast kevin bacon away. they tell the bartendar to tell those gentlemen we dont talk about politics or religion in this bar.
            Comment
            • chico2663
              BARRELED IN @ SBR!
              • 09-02-10
              • 36915

              #41
              If the republicans really wanted to win the last election; why run mccain?
              Comment
              • guitarjosh
                SBR Hall of Famer
                • 12-25-07
                • 5794

                #42
                Originally posted by blakey971
                Offering tax breaks for job creation will not cause a gap. The new jobs will create more taxable income and lower unemployment.
                How much will that job cost the employer? If it will cost $50,000 all together, you're going to have to offer at least that in breaks for them to hire someone they might not need.
                Comment
                • Wrecktangle
                  SBR MVP
                  • 03-01-09
                  • 1524

                  #43
                  This is really about measuring up to other nations, we really must lower our rate or permanently lose jobs, money, and businesses to other nations who have figured it out.

                  Dumb-assed Americans. The Euros always find a way to get you to pay the bills.
                  Comment
                  • Waterstpub87
                    SBR MVP
                    • 09-09-09
                    • 4102

                    #44
                    A flat tax is argued to be regressive. Good luck getting that one passed. I agree with it, but it would take as big a control of the house/senate and presidency as the dems had to pass obamacare.
                    Comment
                    • kiln
                      Restricted User
                      • 08-29-10
                      • 830

                      #45
                      Originally posted by C-Gold
                      The corporate tax RATE is the highest.
                      Japan's tax rate is 40.69%. 40.69>35.

                      And, was already noted, the US places a very middling actual tax burden or corporations (yet also has the largest income gap in any of the 'developed' Euro-Atlantic world).

                      Definition of a Republican: someone for whom facts are no impediment to belief.
                      Comment
                      • falconticket
                        SBR MVP
                        • 09-05-10
                        • 3414

                        #46
                        Japan cut its corporate tax rate on Dec 14, 2010 to 35%
                        Comment
                        • falconticket
                          SBR MVP
                          • 09-05-10
                          • 3414

                          #47
                          To spur growth, but are considering uping it back since the earthquake disaster.
                          Comment
                          • Jonah
                            SBR MVP
                            • 10-21-09
                            • 4042

                            #48
                            Originally posted by kiefynugs
                            Although I'm not a fan of raising corporate tax rates, I believe that lowering them won't help.

                            Many companies are moving to countries with lower tax rates. However, these countries also have none of the labor laws that most of us consider to be a part of basic human rights. Abolishing our own labor laws to compete with that is not really an option.

                            At the same time, increasing taxes for international companies that are based out of these places and still want to compete in our consumer market is not an option. Those tax increases are only reflected in the prices our market is given and consumers end up paying the tax.

                            There is no easy answer but it's a pretty basic problem that most of you seem too stupid or brainwashed to understand. In fact, most of the sentiment in this thread seems sophist in nature.
                            Lower the tax rates and let's find out where their true motivations lie.
                            Comment
                            • GoCougs!
                              SBR Wise Guy
                              • 07-11-10
                              • 970

                              #49
                              I'm pretty sure neither the Dems of Reps know what they are doing. If they did.....would we be in 3 wars, have a declining economy and have children/young adults who are falling behind in their attractivness to future employers????? Good lord, all people do now in our wonderful country is blame the other guy. It's embarrassing and infantile.

                              Come on people, everyone is to blame.
                              Comment
                              • CallMeChip
                                SBR Wise Guy
                                • 03-23-11
                                • 681

                                #50
                                Obviously no one here is a poli-sci or economics major. Some of the suggestions to solve our fiscal needs are downright laughable. Btw, Democrats and Republicans are both responsible for every problem in the country and no matter what you propose or how happily we can all live together, there will always be dissension among society because certain citizens want a lil something extra. This is what's known as capitalism and you're living in it baby. Work hard and become a player, or else move to Cuba.
                                Comment
                                • kiln
                                  Restricted User
                                  • 08-29-10
                                  • 830

                                  #51
                                  Originally posted by CallMeChip
                                  Obviously no one here is a poli-sci or economics major.
                                  You wouldn't believe me if I told you....
                                  Comment
                                  • CallMeChip
                                    SBR Wise Guy
                                    • 03-23-11
                                    • 681

                                    #52
                                    Originally posted by clynnm17
                                    from one of my favorite movies Sleepers right before the 2 guys blast kevin bacon away. they tell the bartendar to tell those gentlemen we dont talk about politics or religion in this bar.
                                    Kiln yours is actually one of the intelligent ones stating evidence. But far and away clynnm17's(above) is the best
                                    Comment
                                    • dinaro7
                                      SBR Wise Guy
                                      • 12-06-09
                                      • 888

                                      #53
                                      what about companies that cant move i get 10 thousand dollars a month to pay for 24 hour care at my house by the time i pay even minimum wage i cant afford the taxes having to match social security i have nothing left you tell me what to do i never got any thing from the government except letters telling me i owe now i was in an accident 07 07 90broke my neck totally disabled i can move my arms but have limited use of my hands i have to have 24 hour home care my primary caretaker works 3 days a week and pays herself 900 dollars a week but she does all the paper work and payroll by paper work i mean takes my workers comp check and pays my bills
                                      Comment
                                      • kiln
                                        Restricted User
                                        • 08-29-10
                                        • 830

                                        #54
                                        Originally posted by CallMeChip
                                        Kiln yours is actually one of the intelligent ones stating evidence. But far and away clynnm17's(above) is the best
                                        I've always been partial to this one:

                                        Debating politics at SBR is like winning the special Olympics. You may win, but you're still retarded.

                                        (With apologies to all of the retarded people here who I may have offended...my bad.)
                                        Comment
                                        • greeny
                                          Restricted User
                                          • 10-21-10
                                          • 386

                                          #55
                                          man the hell with all this crap
                                          Comment
                                          • CallMeChip
                                            SBR Wise Guy
                                            • 03-23-11
                                            • 681

                                            #56
                                            Originally posted by kiln
                                            I've always been partial to this one:

                                            Debating politics at SBR is like winning the special Olympics. You may win, but you're still retarded.

                                            (With apologies to all of the retarded people here who I may have offended...my bad.)
                                            Love the disclaimer too
                                            Comment
                                            • rsnnh12
                                              SBR MVP
                                              • 09-26-10
                                              • 3487

                                              #57
                                              Originally posted by kiln
                                              Japan's tax rate is 40.69%. 40.69>35.

                                              And, was already noted, the US places a very middling actual tax burden or corporations (yet also has the largest income gap in any of the 'developed' Euro-Atlantic world).

                                              Definition of a Republican: someone for whom facts are no impediment to belief.
                                              But paying the "actual tax burden" that companies pay isn't free for them... they spend a TON of money on accountants for that. Since the effective rate is only 27ish% anyway, why not lower the initial rate to that? Make a simple tax code, so there aren't any loopholes, and make it business-friendly. The great majority of business owners want to stay in America, but if the environment isn't helpful to making a profit, why would they stay here/stay open?

                                              Kinda funny, that you could easily change "Republican" to "Democrat" and it still works
                                              Comment
                                              • dinaro7
                                                SBR Wise Guy
                                                • 12-06-09
                                                • 888

                                                #58
                                                what happened to my thread
                                                Comment
                                                • thechaoz
                                                  SBR Posting Legend
                                                  • 10-23-09
                                                  • 12154

                                                  #59
                                                  The only people that are dumb are we the American people think we have any true power. Wallstreet is the power center and if you don't agree just look into the bailout. Complete sickness.
                                                  Comment
                                                  • guitarjosh
                                                    SBR Hall of Famer
                                                    • 12-25-07
                                                    • 5794

                                                    #60
                                                    Originally posted by kiln

                                                    Japan's tax rate is 40.69%. 40.69>35.

                                                    And, was already noted, the US places a very middling actual tax burden or corporations (yet also has the largest income gap in any of the 'developed' Euro-Atlantic world).

                                                    Definition of a Republican: someone for whom facts are no impediment to belief.
                                                    I'm guessing the actual tax burdon is skewed due to large corporations being able to spend extra money to set up tax shelters and take advantages of loopholes that smaller companies don't have the finds to take advantage of.
                                                    Comment
                                                    • mitote
                                                      SBR Wise Guy
                                                      • 03-29-10
                                                      • 588

                                                      #61
                                                      Looks like a good thread for me to get my 7 points!
                                                      Comment
                                                      • Thor4140
                                                        SBR Posting Legend
                                                        • 02-09-08
                                                        • 22296

                                                        #62
                                                        Here's the truth -


                                                        Conservatives think they’ve found a way to sell middle-class voters on a corporate tax cut. John McCain has been touring the country telling displaced factory workers that their jobs will come back if corporations get to keep more of their profits. According to McCain, “America has the second highest business [tax] rate in the entire world. It's any wonder that jobs are moving overseas. We're taxing them out of the country.” [John McCain]

                                                        That might be a compelling argument… if it weren’t completely false. Progressives can’t let conservatives distort the facts. We need to tell the truth about corporate taxes and lead on a real plan to strengthen the American economy.

                                                        The Facts

                                                        The problem is not that corporations are overtaxed. In fact, a whopping two-thirds of American corporations and foreign corporations doing business in the United States pay absolutely no federal income taxes—despite taking in $2.5 trillion in sales. [Government Accounting Office] In 2005, 28 percent of large foreign companies doing business in the United States (those with more than $250 million in assets or $50 million in sales) paid no taxes.

                                                        Compared to our competitors’ corporate tax rates, the U.S. rate is low. According to the World Bank and PricewaterhouseCoopers, the United States’ total corporate tax burden ranks 76th of over 100 countries. [World Bank] When conservatives claim that the U.S. tax rate is high, they’re talking about the “statutory rate.” But corporations treat the statutory rate as just a guideline—they use offshore tax havens and accounting loopholes to pay much lower actual rates. The tax rate corporations actually pay is lower than the rates of economic competitors such as China (15th highest tax rate), India (19th), and Mexico (51st). [World Bank]

                                                        The U.S. collects less in corporate taxes than other wealthy countries do. Measuring tax collections as a share of GDP is a good way to put a country’s tax rate in the context of its economy’s size. In the last seven years, the U.S. has collected an average of 2.4 percent of its GDP in corporate taxes—less than the average 3.4 percent collected by other industrialized nations. If laws remain the same, U.S. corporate taxes will be only 1.9 percent of GDP in less than ten years. [U.S. Treasury Department]

                                                        Corporations should pay their fair tax share. American workers increasingly carry more of the tax burden than corporations do. In the 1950s, corporate income taxes accounted for about a quarter of federal tax revenues; now they account for just one-tenth, leaving workers to pay the difference. [Economic Policy Institute]

                                                        http://www.ourfuture.org/makingsense...orporate-taxes
                                                        Comment
                                                        • benjy
                                                          SBR MVP
                                                          • 02-19-09
                                                          • 2158

                                                          #63
                                                          Originally posted by Thor4140

                                                          The U.S. collects less in corporate taxes than other wealthy countries do. Measuring tax collections as a share of GDP is a good way to put a country’s tax rate in the context of its economy’s size. In the last seven years, the U.S. has collected an average of 2.4 percent of its GDP in corporate taxes—less than the average 3.4 percent collected by other industrialized nations. If laws remain the same, U.S. corporate taxes will be only 1.9 percent of GDP in less than ten years. [U.S. Treasury Department]
                                                          ]
                                                          Really?

                                                          If that's true the US collects just 70.6% of the average of other industrialized nations.

                                                          Wow.
                                                          Comment
                                                          • hankcream
                                                            SBR MVP
                                                            • 06-30-10
                                                            • 2048

                                                            #64
                                                            The mindless bleeding heart liberals don't realize that a corporation is not an individual, and if they incur a tax its the same as an expense. It just makes for lower wages for their employees or higher prices for the consumer. If they had half a brain they would abolish all corporate taxes, it would certainly help the current jobless rate.
                                                            Comment
                                                            • BettingGeek
                                                              Restricted User
                                                              • 10-07-10
                                                              • 3555

                                                              #65
                                                              Originally posted by statnerds
                                                              So the libs on 60 minutes are running a story about evil U.S. companies moving their headquarters overseas to avoid the corporate taxes in the U.S., which are the highest in the world.

                                                              So they talk to these moron dems and they cry and whine and keep making more and more laws to trap the companies.

                                                              Here's an idea, lower the fukking tax rate to 10%, more jobs, more money, more spending, a stronger U.S economy.

                                                              The problem with you lib fukks is you think the money is your's...it isn't.
                                                              lol
                                                              agree
                                                              Comment
                                                              • rsnnh12
                                                                SBR MVP
                                                                • 09-26-10
                                                                • 3487

                                                                #66
                                                                Originally posted by Thor4140
                                                                Here's the truth -


                                                                Conservatives think they’ve found a way to sell middle-class voters on a corporate tax cut. John McCain has been touring the country telling displaced factory workers that their jobs will come back if corporations get to keep more of their profits. According to McCain, “America has the second highest business [tax] rate in the entire world. It's any wonder that jobs are moving overseas. We're taxing them out of the country.” [John McCain]

                                                                That might be a compelling argument… if it weren’t completely false. Progressives can’t let conservatives distort the facts. We need to tell the truth about corporate taxes and lead on a real plan to strengthen the American economy.

                                                                The Facts

                                                                The problem is not that corporations are overtaxed. In fact, a whopping two-thirds of American corporations and foreign corporations doing business in the United States pay absolutely no federal income taxes—despite taking in $2.5 trillion in sales. [Government Accounting Office] In 2005, 28 percent of large foreign companies doing business in the United States (those with more than $250 million in assets or $50 million in sales) paid no taxes.

                                                                Compared to our competitors’ corporate tax rates, the U.S. rate is low. According to the World Bank and PricewaterhouseCoopers, the United States’ total corporate tax burden ranks 76th of over 100 countries. [World Bank] When conservatives claim that the U.S. tax rate is high, they’re talking about the “statutory rate.” But corporations treat the statutory rate as just a guideline—they use offshore tax havens and accounting loopholes to pay much lower actual rates. The tax rate corporations actually pay is lower than the rates of economic competitors such as China (15th highest tax rate), India (19th), and Mexico (51st). [World Bank]

                                                                The U.S. collects less in corporate taxes than other wealthy countries do. Measuring tax collections as a share of GDP is a good way to put a country’s tax rate in the context of its economy’s size. In the last seven years, the U.S. has collected an average of 2.4 percent of its GDP in corporate taxes—less than the average 3.4 percent collected by other industrialized nations. If laws remain the same, U.S. corporate taxes will be only 1.9 percent of GDP in less than ten years. [U.S. Treasury Department]

                                                                Corporations should pay their fair tax share. American workers increasingly carry more of the tax burden than corporations do. In the 1950s, corporate income taxes accounted for about a quarter of federal tax revenues; now they account for just one-tenth, leaving workers to pay the difference. [Economic Policy Institute]

                                                                http://www.ourfuture.org/makingsense...orporate-taxes
                                                                Progressives are so cute. And by cute, I mean stupid. The corporate tax rate in the US is 35%. One of the highest rates in the world. Very few companies pay that much, obviously, but it comes at a heavy cost. Its not like the government is telling them about all the tax breaks they can get... the companies are paying accountants and lawyers a LOT of money to find those breaks. Isn't that just a huge waste of time and money for everyone?

                                                                Some companies decide its worth moving offshore to avoid all of that mess. Can you blame them?

                                                                The real easy solution is just making a simple tax code and lowering the corporate tax rate. More businesses stay, pay a specific rate, and create more jobs. When are the "super smart" progressives going to push for that?
                                                                Comment
                                                                • zam77
                                                                  SBR MVP
                                                                  • 11-03-10
                                                                  • 3586

                                                                  #67
                                                                  Some good views here on both sides... I hate politics.
                                                                  Comment
                                                                  • BeatingBaseball
                                                                    SBR Wise Guy
                                                                    • 06-30-09
                                                                    • 904

                                                                    #68
                                                                    Not all Democrats are dumb - only the majority.

                                                                    The dumb ones are the "useful idiots."

                                                                    The most dangerous, however, are not the dumb, "useful idiots' - but the ones who play them.

                                                                    The ones who play the "useful idiots" do not have an intelligence problem - they have an integrity problem - (read Jesse Jackson, John Edwards, Schumer, both Clintons, Pelosi, Reid, Durbin, Emanuel, all Kennedys and on and on and on - including The Chocolate Chavez himself).

                                                                    The one thing they have in common is they're all tuned to the same station - WII-FM - "What's In It For Me."
                                                                    Comment
                                                                    • statnerds
                                                                      SBR MVP
                                                                      • 09-23-09
                                                                      • 4047

                                                                      #69
                                                                      The market decides. We saw this same thing decades and decades ago. Read up on state taxes. Read what New Jersey did.

                                                                      You have the same thing now. Corporations are global, and mobile.

                                                                      Fukkin idiots. If you make the tax rate lowers, thousands of jobs come back here and you start making up the 'shortfall' by taxing the shit out of the employees, like you do the rest of us hard working Americans.

                                                                      Here is an elementary lesson for libs on economics. Some is better than none.

                                                                      But still, at the heart of it all, the money belongs to us.

                                                                      What the fukk has the government done to earn more money on a gallon of gas than what Shell or Exxon Mobil make off that same gallon?
                                                                      Comment
                                                                      • kiln
                                                                        Restricted User
                                                                        • 08-29-10
                                                                        • 830

                                                                        #70
                                                                        Originally posted by statnerds

                                                                        What the fukk has the government done to earn more money on a gallon of gas than what Shell or Exxon Mobil make off that same gallon?
                                                                        lol. Really?

                                                                        You guys are funny.
                                                                        Comment
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