Quote:
Originally Posted by Robbie
Not only are taxes a problem for corporations...but all the other bullshit that our country throws at them.
If any of you have ever tried to start a brick and mortar business from scratch you know what I'm talking about.
Endless fees paid to city, county, state, and federal. Endless paperwork. Endless regulations. The list just goes on and on and on.
It costs a lot of money just to buy property and to build your factory here in the U.S.
MUCH cheaper to do it in another country. And that's before the price of labor even comes into the equation.
Tony brings up something that I see used in class warfare arguments.
But you know what? If I become the CEO of a gigantic multi-billion dollar corporation...you better believe I'm gonna make 700 times what a factory worker makes.
It's called freedom and capitalism. I don't begrudge anybody for making their money. And as much of it as they can. If they are smart enough to make it to the top.
What is the use of being that lowly factory worker in the first place if you can't have the dream and possibility of one day being the "boss" and making a damn fortune?
Why would anybody bust their ass to make it to the "top", if there is no "top"?
I don't get that line of reasoning.
And yes I do believe that a CEO has in most cases already proven himself and worked his way into his position. He should be paid as much as a company is willing to pay him. Not a penny more or a penny less.
Should the govt. be giving a company bailout money while a CEO makes hundreds of millions of dollars? HELL NO. That CEO shouldn't be making one thin dime during a bailout.
But when the company is turning a profit and doing well? Hell yes.
The fact that CEO's did make huge bonus money and huge salaries while the company was getting money from the govt. is...the government's fault.
But the feds didn't really see anything wrong with it. After all, they get a "taxpayer bailout" every year in the form of TAXES. And they spend it in by the TRILLIONS. So a CEO getting a few million dollars while their company was in debt just seemed natural to our thieving politicians.
They spend like drunken sailors every day while being further in debt than all of those companies put together.
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You don't realize big CEO's aren't the job creators. The middle class buying shit are the job creators. Middle class is shrinking no buying power =no jobs. This will be the first time where children wont do better than their parents. My grandfather was a presser of woman's coats in the garment industry. He was able to buy house, a car and raise 4 children while my grandmother stayed home. Sorry there is a difference between wealth and gluttony and it hurts the country that gave them a place that they could make millions of dollars.An example A stable currency, there are places they change the money. So you had 5000 in the bank yesterday with the old money but with the new money you got 500. That happened to my friend in turkey. We take that shit for granted but in America you dont have to worry about that.Also no one is talking about taking it all. During Clinton 4% higher tax rate and they had a surplus. So no one is taking everyone's money away. Ge made 11 billion dollars last year and paid nothing in taxes and 60 percent of their operations are overseas now, so they paying nothing taxes here didnt motivate them to hire anyone in the USA.That's the bullshit they push , its the taxes they really dont pay, its the regulations, etc ,etc no its the 70 cents an hour worker.