Perfect example... - Page 2 - PeachParts Mercedes-Benz Forum

DieselAddict · #16 01-16-2009, 02:34 PM

Quote:

Originally Posted by RichC

So you support corporate welfare ???

Giving business perks to come to your community does not work.

It is a scam, to get taxpayer dollars into the hands of big business.

Think about who has to pay for all the new infistructure needed for a new large business.
New roads, water lines, and water supply, sewage treatment, electrical infastructure,
fire, police, ambulance, services, etc, etc....

You will see that it is the people of the local community that pay out the azz for it.
And do not see one ounce of benifit.

Just the other business owners that open a new McDonalds across the street...

You have been conned...

That's not entirely true. In the South the local govts gave big tax incentives to foreign car makers to build factories there. It did cost a lot of taxpayer money but from everything that I've read it was a worthy investment as the local economies there were reinvigorated and even for the average Joe the standard of living went up significantly.

Botnst · #17 01-16-2009, 02:37 PM

Quote:

Originally Posted by MTI

Part of the Obama stump speech, since early 2007, included challenges to outsourcing and offshoreing. While acknowledging that no one can reverse the global competition, there can be investment in infrastructure and technologies which cannot be outsourced.

Working people in this nation pay the taxes, the corporations not so much. Economic recovery needs to get people working, spending and paying taxes in this country.

Corporations pay almost no taxes. They pass along as much as possible to the consumer. So raising corporate taxes increases product prices, makes foreign products more competitive. This increases pressure for protectionism -- tariff increases.

tariffs result in citizens paying more for local products and decreasing competition and thus, the reason for local companies to improve efficiency and improve products.

Botnst · #18 01-16-2009, 02:41 PM

Quote:

Originally Posted by DieselAddict

That's not entirely true. In the South the local govts gave big tax incentives to foreign car makers to build factories there. It did cost a lot of taxpayer money but from everything that I've read it was a worthy investment as the local economies there were reinvigorated and even for the average Joe the standard of living went up significantly.

Exactly right. Also, this allowed the foreign car mfrs to continue to produce cars at prices below the cost of domestic producers, increasing their market share and ultimately driving the self-immolating dinosaurs and their union troglodytes into near bankruptcy.

Good quality cars & trucks at a good price? Alabama, Mississippi, and Georgia.

DieselAddict · #19 01-16-2009, 02:43 PM

Quote:

Originally Posted by Botnst

Corporations pay almost no taxes. They pass along as much as possible to the consumer.

That's a rather blanket statement that you have no way of verifying unless you have personally audited a lot of different companies.

Botnst · #20 01-16-2009, 02:44 PM

Quote:

Originally Posted by DieselAddict

That's a rather blanket statement that you have no way of verifying unless you have personally audited a lot of different companies.

It's one based on reason and a small amount of data. Don't like it? Fine with me. Prove it wrong.

DieselAddict · #21 01-16-2009, 02:50 PM

Quote:

Originally Posted by Botnst

It's one based on reason and a small amount of data. Don't like it? Fine with me. Prove it wrong.

Hard to prove or disprove. But looking at the salaries & bonuses for CEO's and top executives, I question that logic. I've seen reports of CEO's getting huge bonuses despite their companies & shareholders losing a lot of money. How can you be sure that any additional corporate tax incentive won't go toward boosting the CEO's & management's salaries even more? But otherwise I think we're more or less on the same page when it comes to this topic. Higher corporate taxes indeed encourage outsourcing.

Botnst · #22 01-16-2009, 02:55 PM

Quote:

Originally Posted by DieselAddict

Hard to prove or disprove. But looking at the salaries & bonuses for CEO's and top executives, I question that logic. I've seen reports of CEO's getting huge bonuses despite their companies & shareholders losing a lot of money. How can you be sure that any additional corporate tax incentive won't go toward boosting the CEO's & management's salaries even more? But otherwise I think we're more or less on the same page when it comes to this topic. Higher corporate taxes indeed encourage outsourcing.

Yep, execs get obscene salaries. Almost as much as a movie star or star athlete.

Matt L · #23 01-16-2009, 03:37 PM

Quote:

Originally Posted by Botnst

Yep, execs get obscene salaries. Almost as much as a movie star or star athlete.

When the movies bomb year after year, and when the star athlete constantly drops the ball, they don't continue to earn obscene salaries.

Jim B. · #24 01-16-2009, 04:02 PM

Quote:

Originally Posted by RichC

So you support corporate welfare ???

Giving business perks to come to your community does not work.

It is a scam, to get taxpayer dollars into the hands of big business.

Think about who has to pay for all the new infistructure needed for a new large business.
New roads, water lines, and water supply, sewage treatment, electrical infastructure,
fire, police, ambulance, services, etc, etc....

You will see that it is the people of the local community that pay out the azz for it.
And do not see one ounce of benifit.

Just the other business owners that open a new McDonalds across the street...

You have been conned...

Quote:

Originally Posted by John Doe

A welfare recipient who claims to own a business fraudulently held in the name of his wife lectures us on the state of affairs of corporate taxation.

Directed verdict

You are saying you would ask for a "Directed verdict" on the basis of *that* slur / accusation ....even if you think you could prove it, or that it was somehow relevant?

Any lawyer who tried *that* cutesy tactic in most Courtrooms would get whacked across the nose with a rolled up newspaper by the Judge.

Or fined by the Judge for Contempt of Court, or reprimanded by the Bar Association, for a thinly veiled racial slur....

And then some lawyers continue to wonder why lots of people despise people in their profession...