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Business, Economics & Tax Policy 7: Workers of the world unite!

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Re: Business, Economics & Tax Policy 7: Workers of the world unite!

Don't think corporations 'own' cities. I would say partner...and that is actually quite important as they are an understandably major user of services...and can provide lots of local benefits themselves.

I've done research and work for local governments, and they are really, really trying to do their best for the public.

dxmnkd316 said:
I’ve never understood why the post office somehow needs to run a surplus. Does the FBI? Does the White House? What about Congress?
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Don't have any more recent data...but the PO lost over a billion each year from 20017 through 2015. Its just like many other services that are unwanted by the private sector...they're very tough on the finances.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

5mn_Major said:
Don't have any more recent data...but the PO lost over a billion each year from 20017 through 2015. Its just like many other services that are unwanted by the private sector...they're very tough on the finances.
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What's your point? Because I think you completely missed mine perhaps?

The Post Office shouldn't need to make a profit. It's an essential government service.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

dxmnkd316 said:
What's your point? Because I think you completely missed mine perhaps?

The Post Office shouldn't need to make a profit. It's an essential government service.
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It looks like we're in agreement.
 
mookie1995 said:
not expecting even a single party switcher like ben nighthorse campbell or whatnot?
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If they were at 59, I could see someone switching parties to give them 60.

But even with a blue wave that's a borderline tsunami, the Dems can only realistically reach 54 or 55 Senate seats next January. And if I had to wager money, I'd put the over under at 50. The map is that bad this year.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

unofan said:
If they were at 59, I could see someone switching parties to give them 60.

But even with a blue wave that's a borderline tsunami, the Dems can only realistically reach 54 or 55 Senate seats next January. And if I had to wager money, I'd put the over under at 50. The map is that bad this year.
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Yep. It's at 50. They need 51 because Saruman the White is the deciding vote.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

unofan said:
If they were at 59, I could see someone switching parties to give them 60.

But even with a blue wave that's a borderline tsunami, the Dems can only realistically reach 54 or 55 Senate seats next January. And if I had to wager money, I'd put the over under at 50. The map is that bad this year.
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I could see a Republican Senator in a blue state pulling a George Wallace ("Guess what? I woke up this morning and No More Racism!!!")

But are there even any Republican Senators in blue states anymore? One of the consequences of them going Full Nazi is no room in the party for anybody with even a slice of functioning brain any more.

Actually, there are:

CO 2020
ME 2020
NV 2022

and some other targets:

FL 2022 (Rubio isn't flipping, but that would sure be funny)
NC 2020
NC 2022
OH 2022
PA 2022
WI 2022
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

Kepler said:
Memphis is all but owned by FedEx IINM.
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I think AutoZone is HQ'd there as well.

MEM also has a pretty big office that is the center for Hilton IT ops. The suits sit at HQ in Virginia, of course.
 
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Re: Business, Economics & Tax Policy 7: Workers of the world unite!

NBC News reported this week on the latest findings from the Joint Committee on Taxation, which suggest the plan’s progressive critics were on to something.

The deduction, which ranges up to 20 percent, will shower $40.2 billion in tax breaks on owners of pass-throughs – largely businesses owned by an individual or a partnership, or those “S” corporations that kick income and losses to shareholders for tax purposes – in 2018, the Joint Committee on Taxation estimated. The provision was included in the larger overhaul of tax rates enacted in December.

In 2018, the lion’s share of the benefit – $17.4 billion, or 44.3 percent of the total – will go to roughly 200,000 Americans making $1 million or more who claim the pass-through deduction, the committee said. Another $3.6 billion, or 8.9 percent, will go to a similar number of taxpayers who earn $500,000 to $1 million.

By 2024, the tax deductions will amount to $60.3 billion, and those making $1 million or more will account for $31.6 billion (52.4 percent) of that.
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Every single tax cut legislator in this country can all go **** themselves. Either get creative or just stop. This isn't creativity, it's theft.
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

Anyone else hear that Mulvaney and Carson are looking to raise the HUD minimum rent payment something like 50-100%?
 
Re: Business, Economics & Tax Policy 7: Workers of the world unite!

joecct said:
Hershey, PA is close.

Colorado Springs, CO in a tangential way.
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My hometown, Kingsport, TN, population 52,000 is the world headquarters of Eastman Chemical Company, which employs more than 10,000 people in Kingsport. And Kingsport is not some "fake" small town that's actually a suburb of a huge city - that's it. 20% of the population is under 18 and 20% is over 65, so Eastman employs fully 1/3 of the working age citizens, which is pretty mind boggling.

My first job was in Vergennes, VT, with a population of ~2,000. During the heyday of the B-2 program, the local aerospace company, Simmonds Precision (now owned by UTAS) employed more than 2,000 people. It's down to ~700 now, but that's still an even higher ratio than Kingsport.
 
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