Raise the Corporate tax

[RegDunlop]

We already have the 2nd highest corporate tax, but BO wants to raise it?

 

 

why? so more businesses and companies will leave the US and take their jobs with them --- think about it

 

 

why do business in a country that is goingf to tax the hell out of you - just leave and do business elsewhere

 

another misguided terrible idea from BO

[Skitter]

Uhhh Reg..... most of them are long gone already. What about the incentives he offers to those who don`t go overseas and offer new jobs for US workers or bring some significant business with jobs back home to America? Any chance this might offset those increases?

[EBHarvey]

Its really just a consumption tax anyway. Businesses pass it along to consumers - the more you buy the more you pay.

[RegDunlop]

Uhhh Reg..... most of them are long gone already. What about the incentives he offers to those who don`t go overseas and offer new jobs for US workers or bring some significant business with jobs back home to America? Any chance this might offset those increases?

 

 

 

that's some misguided thinking...most are gone already so who cares if a few more leave....why not lower them and attract them back to the US

[Plugged]

Uhhh Reg..... most of them are long gone already. What about the incentives he offers to those who don`t go overseas and offer new jobs for US workers or bring some significant business with jobs back home to America? Any chance this might offset those increases?

 

Cmon now - at some point you will seek to understand - do you realize what size companies pay what tax rates - its not a trick question - seriously

[Fergal]

Corp taxes aren't the only issues. Environmental laws are a big issue. Not saying we don't need them but in some cases they hurt business excessively.

[canyondiver]

why not lower them and attract them back to the US

 

I wish it were that simple.

It is not taxation that has moved so many companies operations to third world countries. It is consumers willing to pay for junk, so long as it is cheap, and a lack of pride in workmanship. People are concerned with making maximum profit first and quality plays a far second to $$.

It is really sad to see this happen, and most of it in my little lifetime.

This country used to make fantastic products that were made to last a lifetime. We have become a disposable society who cares not about top quality.

"Why pay all that money when I can buy cheap stuff and keep replacing it?"

We want stuff that looks cool/fancy, and we spend a TON of money on packaging and advertising.

What will keep companies here and create better products are consumers that want quality and are willing to pay a little more for it.

Workers in America are not willing to make a salary of $5 a week, and they should not be. Unfortunately, the consumer want's products that come at the price of the $5 a week "craftsman"

It is really sad to see.

I used to have no problem commanding the wage I do, because folks used to pay for craftsmen to do beautiful work. Now, they want to get something, even if it of far lesser quality, so long as it is 25%-50% of the cost. This is where we have illegals working for "the man" and making $7-$10 per hr. The business owner makes his profits by volume and billing out the exploited worker for double or triple that $7-$10.

This has been one of the biggest downfalls of artisans in this country, and I would like to see it come to an end.

Folks say doctors deserve the $ because they are highly skilled and schooled. What about the cabinet maker that has spent 5 years as an apprentice and 20 years honing his craft and acquiring the best tools available for his craft. Do they not deserve good pay because there is a shop slamming out particle board sheathed in Melamine crap made by a bunch of sweatshop employees?

[Walkin' Jack]

Businesses do not pay taxes. The people who buy their products and services pay their taxes. You raise their taxes and they raise their prices.

 

Poor people can't pay taxes. Rich people don't have to. Who then does that leave? why it's the middle class of course. Problem is we are going the way of England and some of the other European countries in that the middle class is being eliminated. the export of good jobs to foreign countries and the on slaught of "burger flippin'" and other minimum wage jobs. Will kill the middle class of any economy. Soon the only way to get money in this country will be to steal it, marry it, or be born with it.

 

 

I gotta go lie down....

 

Oh before I forget, I know about the no name calling rule but I gotta question. I know we are not supposed to call EACH OTHER names but does that mean we can't call any of the candidates names too. (Keepin my fingers crossed on this one)

 

Just in case, here is a little wish of Obama. Hussien, I hope that the next time you go to see your parents yo' moma (that would be Obama/ Yo' moma) runs out from under the porch and bite a chunk outta yo' behind!

 

Whew, I feel all better now.

[TheSpaniard]

Are we talking new taxes or closing loop holes? If new then post them in.

 

John

[Triet]

I have always been curious about where corps are incorporated. In the US, everyone goes for Delaware, because I suppose that reporting requirements are minimal. But what about Cayman or similar. Less requirements, and lower taxes. Would it save Chrysler if they moved to Grand Cayman?

 

 

Cayman Island Office Building Home to 9,000 U.S. Tax Cheats

 

Corporate America and its wealthy executive class has had it good under the Bush administration. Not only has it benefited from massive tax cuts, but the Bush administration has stood idle as huge numbers of American companies have set up phony headquarters in the Cayman Islands so better to avoid what little taxes they might have to pay in the U.S. According to a GAO report scheduled for release, since 2002, the number of American entities reporting a Cayman Island bank account has jumped from 2,677 to nearly 8,000. Suspiciously, investigators traced more than 9,000 American entities that had registered in the Caymans to a single office building.

[Plugged]

I have always been curious about where corps are incorporated. In the US, everyone goes for Delaware, because I suppose that reporting requirements are minimal. But what about Cayman or similar. Less requirements, and lower taxes. Would it save Chrysler if they moved to Grand Cayman?

 

Telling the unions to **** off and sign all new contracts would help the automakers rather than moving offshore

[Walkin' Jack]

I worked for the OCAW for over 25 years. My father before me worked for OCAW for 42 years. Here's a little truth for all you miss informed union haters. Whether you belive it or not, whether you know it or not, whether you like it or not, The reason that this counntry's working class has enjoyed the high standard of living (higher than any other place on earth) and safet working conditions anywhere is because organize labor has protected us from some down right unfair practices for the big companies

 

Just a quick history lesson for yas: back when all this mess started big companie (my experience is with oil refineries and chemical manufacturing companies (Oil, Chemical, and Atomic Workers) jobs were borther-in-lawed, Kick-backs were extorted from workers, No safety privision supplied, Hearing. Hardhat, Gloves, steel toed boots etc. Employees were required to perform unsafe acts. Displaced from good positions they had earned and busted back to peon jobs for no reason. Very low pay. All of this was universal and common place.

 

We have come a long way. We have good jobs now. Good pay, Clean and save work places and conditions, good benifits. It has come at a great cost to a lot of good people but now all we must do is to not grow complacent and loose all that we have gained.

 

Has there every been violence? You bettcha. But it has been decades since the picket lines were armed with coubs and guns. It is a peaceful event now because we are no longer desperate. We just want to maintain what we have and grow with the companies we work for and share in the increased profits we helped to generate.

 

Has there been corruption? Oh yea? BIG TIME. But, again, that was all years and years ago. The days of Jimmy Hoffa are over. Now I'm not saying that a couple of bucks doesn't get passed under the table still today. And we all know that an occasional Union mucky-muck will get a free weekend in Vegas here and there. But that is chicken feed. The really bad stuff like the mob brought to bear on us like pension theft and other activities that directly impacted the workers is long long gone. As long as these unions are operated by human beings there will always be a little "lunch box" theft. No body really minds because we all have the highest standard of living of the work force of any country.

 

Even if you are not a union memeber your pay, working conditions, and benifits are what they are BECAUSE of the existence of ogranized labor. They have provided good jobs directly or indirectly to the workers of this country and helped establish and maintain a decent standard of living for everyone.

 

If you are getting all your information from the liberal media you need to do some looking around. We allowed reportes from the print media to attend a meeting where we voted to ratify/or not a proposed contract. THis was my biggest wake up call how biased the media is. They distorted every issue we discussed. Every single one. Made us sound like pack of growin' dogs who were constantly screaming for more. It was thourougly disgusting.

 

Think about it. Do you want to live in a society where the jobs are all minimun wage burger flippin' jobs? No middle class only rich CEOs and the poor. I repeat, THINK about it...

[Plugged]

I respect your opinion but you will never convince me that unions havent stayed around too long hurting many industries

[mcurtiss]

I have always been curious about where corps are incorporated. In the US, everyone goes for Delaware, because I suppose that reporting requirements are minimal.

 

large body of corporate caselaw

separate chancery court to hear corporation law cases

no jury trials in chancery court

[Wayne Tj]

Its really just a consumption tax anyway. Businesses pass it along to consumers - the more you buy the more you pay.

 

Say that again...... so what is your position - it's OK to raise taxes on corporations because we the people end up paying for it anyway?

 

Please do explain how you think.