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Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Things to come.

There is the amazing howling shameless lameness of it, but also the reflex towards self-congratulation and self-celebration; the tone-deaf vanity, but also the deep and innate clownishness of that vanity’s performance. The ridiculousness of all this is disorienting in a different way than the odiousness of the GOP tax bill, but it all resolves in the same way, and towards the same point. It’s a reminder to take the rich at their word when they tell you that they don’t care about you. It’s a reminder that their wealth has made them both dumb and weak, that it’s made them strange and cruel. And it’s a reminder that they want the rest of what you have and that they would also like you to congratulate them, in a respectful way, on how stylishly they are stealing it.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Kepler said:
These examples are all red herrings. Economic death lies on both ditches to the left and the right. The US is perilously perched on the precipice of the right ditch. We have to get back over into the middle of the road where FDR and Eisenhower had us. We are a capitalist, market economy. Nobody wants to change that. We simply want to put the guardrails back up and allow kids who weren't born rich a chance.
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We haven't been capitalist for decades. We are a cronyist economy presently, where corporations use the government to regulate themselves into prosperity and push others out. In an actual capitalist economy, anyone would actually have a chance through hard work and perseverance.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

By the way, President Obama was in favor of lowering the corporate income tax rate, it was part of his campaign in 2012: he proposed to reduce the rate by 20%.....
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

FreshFish said:
By the way, President Obama was in favor of lowering the corporate income tax rate, it was part of his campaign in 2012: he proposed to reduce the rate by 20%.....
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With the right personal income tax structure I would be in favor of reducing the corporate income tax to zero.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

FreshFish said:
Within a day after the corporate tax cuts pass,
- AT&T gives $1,000 bonus to 200,000 workers.
- Comcast gives $1,000 bonus to 100,000 workers.
- Wells Fargo and Fifth Third Bancorp increase their minimum wage to $15/hour.
- Nexus Services gives all employees 5% raise and looks to hire 200 more workers.

What do these stories have in common?

Explicit mention of the corporate tax cut as the driving motivator.
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LOL. Yeah, about that...

There’s no doubt each of these companies is, corporately, extremely happy with the passage of this bill. It pushes through a major cut in the tax rates for corporations. It’s just as obvious this is a choreographed effort to validate administration claims that the bill’s payoffs to the super wealthy will actually be passed down to ordinary Americans. It is just as obviously currying favor with an administration that has repeatedly shown a ready willingness to act capriciously with its regulatory powers – to reward friendly businesses and punish those who don’t show reflexive support.

Despite the President’s behavior and that of his obsequious appointees and confederates, the US is not yet an authoritarian strongman government. But that is clearly what the President aspires to and feels is his right. But it is in the nature of authoritarian government’s to secure lockstep alliances with major corporate entities seeking favor and preferment. This can all happen very quickly.
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Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

Kepler said:
With the right personal income tax structure I would be in favor of reducing the corporate income tax to zero.
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That's the thing, I'm not gonna pretend Obama was perfect and it's disingenuous to act like we all did.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

trixR4kids said:
That's the thing, I'm not gonna pretend Obama was perfect and it's disingenuous to act like we all did.
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Then why are you of the assumption that Fishy, Drew, Sicatoka, possibly also Brent, and I would think that of Trump?
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

FlagDUDE08 said:
Then why are you of the assumption that Fishy, Drew, Sicatoka, possibly also Brent, and I would think that of Trump?
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Because you guys defend every moronic thing he does. And Brent is just bored and trolling, Drew probably isn't part of that group either.
 
Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

board said:
We give a wide berth in these threads because people know what they're getting into by posting in here. However, leave the personal stuff - particularly about kids - at the door.
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Ok, my apologies. It won't happen again (at least, on my part).



Clarifying question: does this mean we can no longer discuss who will be responsible for the national debt 30 years from now?
 
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