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-   -   Perfect example... (http://www.peachparts.com/shopforum/showthread.php?t=242761)

Hatterasguy 01-15-2009 08:44 PM

Perfect example...
 
Of how high taxes will kill us:

http://money.cnn.com/2009/01/14/technology/renewable_manufacturing/index.htm

In the 21st century you go to the country that offers the best package, and part of the package is a low tax rate. So a lower tax rate= more jobs=more taxes collect=stronger economy.

MTI 01-15-2009 08:59 PM

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.

Matt L 01-15-2009 10:18 PM

Lower taxes can not always mean more taxes collected. If it did, we could simply reduce the tax rate to zero and have infinite taxes collected.

The idea that lowering taxes leads to increased collections is known as the "Laffer Curve." What some radical conservatives forget is that the curve has two sides.

RichC 01-15-2009 10:41 PM

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...

Hatterasguy 01-15-2009 10:45 PM

Quote:

Originally Posted by Matt L (Post 2079681)
Lower taxes can not always mean more taxes collected. If it did, we could simply reduce the tax rate to zero and have infinite taxes collected.

The idea that lowering taxes leads to increased collections is known as the "Laffer Curve." What some radical conservatives forget is that the curve has two sides.

Lower them to a point, naturaly you cannot lower them to zero. Law of diminishing returns.

This article is perfect because its symbolic of whats wrong with this country in many ways. We are about the miss a grand oppertunity to lead the world in "green" technoligy, which is the future.

MTI 01-15-2009 10:48 PM

Hat . . . do some research about how much in corporate taxes are actually paid in the US. The largest corporations already benefit from incentives, breaks, credits and exemptions to the point that their capital infusion via taxes is very low. Foreign corporations that do business in the US are even lower.

It's the American worker that carries a big part of the load.

Hatterasguy 01-15-2009 10:50 PM

Yep and thats not fair either, taxes are to high all around.

John Doe 01-15-2009 10:51 PM

Quote:

Originally Posted by RichC (Post 2079709)
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...

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:rolleyes:

MTI 01-15-2009 11:11 PM

Quote:

Originally Posted by John Doe (Post 2079725)
Directed verdict:rolleyes:

Don't know about your neck of the woods, but here, character impeachment goes to the weight, not admissibility. ;)

John Doe 01-15-2009 11:13 PM

Quote:

Originally Posted by MTI (Post 2079761)
Don't know about your neck of the woods, but here, character impeachment goes to the weight, not admissibility. ;)

You should get out more.

MTI 01-15-2009 11:16 PM

Quote:

Originally Posted by John Doe (Post 2079766)
You should get out more.

It's Hawaii, where would I go? :D

Hatterasguy 01-15-2009 11:31 PM

Can you swim?:D

RichC 01-16-2009 12:07 AM

Quote:

Originally Posted by John Doe (Post 2079725)
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:rolleyes:

I do not recieve welfare.

I am getting back what I paid into social security, just like you are planning to.

There is noting at all fradulent about the business my wife owns, or that I work for it.

If you want to take this further why dont you do it by PM as it is not appropriate
on a open forum.

Skid Row Joe 01-16-2009 05:54 AM

LMAO! What a circus act.

DieselAddict 01-16-2009 02:31 PM

Quote:

Originally Posted by Hatterasguy (Post 2079723)
Yep and thats not fair either, taxes are to high all around.

Actually taxes are too low in relation to government spending. If the economy wasn't on the brink of collapse, I'd want to see a combination of reduced spending and higher taxes to start paying down the massive debt.


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