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"It should be clear that the name of the political party in power is far less important than the particular regime's financial and banking connections." -- "Wall Street, Banks, and American Foreign Policy" (isbn 9781610161923)
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We live in a global economy. like it or not, those are the facts. Smarter, hungrier countries are luring corporations to them with low or no corporate taxes. With them go jobs. Thinking that we're somehow going to teach GE a lesson and "close their loopholes" is silly. There are too many stable, business friendly countries to set up shop in and we're seeing it happen daily. The bright side is that there is no better place to do business than in the US and all things being equal, corporations WANT to do business here. So we need to make all things equal. Eliminate corporate taxes for companies headquartered in the US. Tweak the rules a bit so that the corps MUST bring jobs back with them and our jobs problem would be over. Putting all those people back to work fixes the economy and makes up for the lost revenue. Its a simple easy fix but obama and the left can't do it because they've spent their entire lives explaining to the rabble how evil corporations are. Minte, what do you think of that? |
ooooo, Canadaaaaaa...
Always thought I should retire in Toronto, since I was born in and live in Florida, and they all retire here. More and more reason appears every day... |
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To achieve "halfwit" status, you would have to clone yourself and merge the two quarter wits together. :1orglaugh :1orglaugh :1orglaugh |
Again, I hope they lower corporate taxes in the US to zero just to prove to the morons that it's worthless. Next you'll have to regress the country all the way back to the level of China to be competetive. Cots in the factories, forced overtime for no extra pay. $2 a day for 14 hour days, 1 set of real books 1 set for visiting foreign dignitaries. Maybe we'll be competetive in the global economy then. Not before. Get used to it.
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I'm all for intelligent discussion. Are you capable? |
Can things get done when both parties have some say? Let's see ...
Reagan had Democrats running congress. Clinton had Newt Gingrich and the republicans in control of the house. Gingrich passed the "balanced" budget that Clinton fans never stop talking about. So for those presidents, the need to compromise and work worth the other side was no excuse. Obama's party controlled the house, the senate, and the presidency for two years and the result was complete fail, so recent history suggests that divided government is the most effective. Perhaps because you get the strengths of both sides - the liberals insist on changing something to try improve it, trying new things, while the conservatives ensure that they don't throw the baby out with the bathwater and that the numbers add up. Maybe it's kind of like forcing a programer and a graphic artist to work with each other on a site. Left to himself, the programmer would deliver a very plain black and white text site that works. The artist designer would use Photoshop to deliver a picture of a nice looking site. Have them work together and you get an attractive site that actually works. Come to think of it, that may be a perfect analogy. Democrats are good at inspiring people, like artists do, but they rarely talk numbers, nor the science of economics. On the other hand a republican like Newt isn't the least bit inspiring, but he's a phD who knows some of the science and led the process of actually passing a "balanced" budget. (The Clinton-Gingrich budget put us $200 billion in debt, but that's "balanced" by Washington math.) |
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what exactly is YOUR plan? |
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How would a Republican president fix America's current problems, and why do you believe he/she would be capable of accomplishing such a task, in today's hostile and divided political environment? |
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Do you think GW Bush and Al Gore are the same? Do you think Al Gore's campaign manager, a lifelong democrat until just recently, agrees with Bush on everything? That's Rick Perry who ran Gore's campaign in Texas. If you want to say "all politicians are the same" ok, there's a larger grain of truth to that than most people realize. But to think that Al Gore's team, of which Perry was a leadng member, holds the same political views as W Bush is simply mistaken. Bush and Gore hold fundamentally different core beliefs and Perry chose Gore's paradigm. |
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Once they do, our libertarian here present will be able to 'answer' your question .... |
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Thats how. now silly, do you seriously have no clue on what YOUR people should do? really? |
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Showing strength and leadership would go a long way in calming the fears of corporate america. Obama came into this job with absolutely no leadership experience on any level. His claim to fame was a college adviser and a junior senator from one of the most corrupt political dynasty's in the country. He continues to wear the badge of inexperience proudly. |
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Even countries with super low rates and zero corp tax rates use other zero/low rate countries for tax benefits and more importantly, lower wages. However, that is not why those corps don't build here.... that's why they move from here. They don't move back here, come here, re-invest here with the billions they've made off shore, because of Capital Gains Tax. Would you move a billion dollars to setup shop if the gov was going to take 20-40% off the top, gross? Of course not. I do believe we're in a global economy as well... however I realize that means people should stop expecting jobs to return here and start looking outside our borders for work. Just like I don't only do business in America, and if any of us did, we would all be rather screwed.... like an American without a job. |
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So your answer is based solidly in Fantasy Land then? Good luck with that! Any REAL answers to the question, based in reality? |
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Following an idiot (like Bush or Perry) off a cliff, because they appear to have conviction in their own bad policies, does not leadership make. http://4.bp.blogspot.com/_aKhQQUX4eV...eep-Astray.jpg |
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We've done it before and it worked, the gov actually ended up collecting more revenue as well, because that much more money was moved in to the Country. |
The only difference a Republican would make is stop all the spending on health care and stimulus. Other than that they are all the same.
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EVERY president pulls in members of the house and senate on his coattails. Your total lack of understanding of business, the economy, and politics makes it difficult to have an intelligent conversation with you. whichever president the people turn to will gain seats in both the house and senate. your hypothetical was that a republican won the presidency. I'm sorry you didn't understand the landscape of your own question. |
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The money brought in would be profits. if it weren't it could be brought in tax free at any time to cover expenses. so there would be a small, one time boost in revenue but still no jobs. My plan is much more reaching than that |
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The last republican did two stimulus packages and 1.3 trillion in bailouts. The two before him both had bank bailouts, and one had an airline bailout, and the largest spending increase in history is under two Republicans. |
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Even Jimmy Carter created more jobs in one term than Bush did with these policies in two terms, so once we get into this debate, once we get beyond the superficial headlines of Perry's positioning, we're going to have this played out and people will recall, as they already in polls, that the Bush policies weren't too good. ~ Richard Wolffe Read more: http://newsbusters.org/blogs/brad-wi...#ixzz1YhGIVqit |
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Gingrich was in the House of Representatives wen Reagan was president. |
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Is it some sort of distraction from you not understanding your own question? |
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Gingrich is the only Speaker of the House to have been disciplined for ethics violations.[61] During his term as Speaker, eighty-four ethics charges were filed against him; eighty-three of them were dropped.[62] The remaining charge concerned a 20-hour college course called "Renewing American Civilization" that Gingrich had taught through a tax-deductible foundation, Kennesaw State College Foundation. Allegations of tax improprieties (which were never proven) led to two counts "of failure to seek legal advice" and one count of "providing the committee with information which he knew or should have known was inaccurate" concerning the use of a tax exempt college course for political purposes. To avoid a full hearing, Gingrich and the House Ethics Subcommittee negotiated a sanctions agreement. Democrats accused Gingrich of violating the agreement, but it was forwarded to the House for approval.[63][64] On January 21, 1997, the House voted 395 to 28 to reprimand Gingrich, including a $300,000 "cost assessment" to recoup money spent on the investigation.[65][66] The full committee panel did not agree whether tax law had been violated.[67] In 1999, the IRS cleared the organizations connected with the courses.[68 |
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If they move money here, for any reason right now, expenses, investments, etc... it's taxed at 40% gross. For a corp to get the tax benefit (even today) they have to invest it in themselves, which is what produces jobs, just like before. Major American corps are sitting on more liquid cash than ever before in history. Them investing that money is an expense, and any major startup like that will have major costs for a long time, thus very little to no taxes (10 year average on return), and even major tax benefits depending on where they setup. I do support a zero corp tax rate though, I need a raise... I'm not going to hire anyone new, I don't need anyone, but shit... I'll pay the tax personally and take that as a new income stream any day of the week. |
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Do you not understand what being a LEADER is? It's someone that can make a decision and inspire people to do better than they would normally be capable of doing. |
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It's one thing to be totally ineffective and have unemployment get progressively worse, it's another to spend 100s of billions, make things much worse and still be in the same position if you had done nothing at all. |
:thumbsup Perry / Bachmann '12 :thumbsup
They have my vote, FOR DER CHRISTIAN MOTHERLAND USA NUMBER ONE 1 FOR EVER AND ALWAYS GOD BLESS AMERICA RIGHT TO BEAR ARMS. |
Did it ever occur to anyone that the Republican party threw the last election?
Think about it. At a time of massive crisis the Republican party put up McCain and Palin. Palin is a joke, and while we think of McCain as a "hero" the truth is he's destroyed more US airplanes than enemy airplanes - his entire military career was a huge fail. The Republican party didn't want to win the last election because they knew it was impossible to unfuck. No one president can unfuck our situation in four years. Or eight years. Our problem is that big. |
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