Quote:Never saw liberal complain about Starbucks have you????
I hate Starbucks. Never under stood the concept of over priced coffee...
But more power to them! They are doing pretty well. Now let's tax the heck out of them!! :-)
Quote:Cute video... all opinion and no real facts on the actual theory... the theory is sound. The problem is how the politicians implement policy...
You don't have to be Keynesian, lol, it's existing just fine. You also don't have to believe in newtonian physics, but gravity is gonna keep your butt firmly planted on your couch! :-)
What's this Austrian thing you speak of? Please explain that
It's is a funny video I'll post more on Austrian economics later I gotta do some stuff this morning but in short Austrian economics is the argument that monetary policies can only be manipulated short term by the state with a compounded increase of inflation as a result, there is simply no way that Keynesian polices such as QE can avoid inflation.
Before I run outside for the day I'll link a more serious explanation of Austrian economics it's long but Glenn Jacobs does a REALLY good job breaking it down.
https://www.youtube.com/watch?v=l8xphl-CyvU
We wasted 3 trillion dollars in Iraq. We can start fixing the budget problem by not doing stupid stuff.
Quote:I hate Starbucks. Never under stood the concept of over priced coffee...
But more power to them! They are doing pretty well. Now let's tax the heck out of them!! :-)
No, government already takes too much.
Quote:It's government. Doing stupid stuff is what it does.
Yes government can certainly be horrible. But I'd take a democratic republic over the ownership class any day...
Of course, as it stands right now, the owners have bought and corrupted our government at the moment.
Quote:No, government already takes too much.
Lol, seriously? Please elaborate on the effective tax rate of corporations.
Thanks for the vid, Eric... I'll check it out and respond.
Quote:Lol, seriously? Please elaborate on the effective tax rate of corporations.
If you believe $472B (for one month) is an adequate return for the government, then you shouldn't be for more taxes. I think
most of us are all for equal tax rates for everyone, but we certainly don't need MORE taxes.
Quote:Yes government can certainly be horrible. But I'd take a democratic republic over the ownership class any day...
Of course, as it stands right now, the owners have bought and corrupted our government at the moment.
Yes. A limited government limits the power of corporations. GE has no reason to buy politicians if they have no power.
I was just thinking of NASA. The National Aeronautics and Space Administration.
In 1970 we had spacecraft to put a man on the moon. 45 years of NASA Space 'development' and we can't even put a man into low Earth orbit. In 1970 the state of the art airplane was the 747, and the 737 was one of the most popular models. 45 years of NASA Aeronautics 'development' and the 747 is still the state of the art aircraft (which is why Air Force 1 is not a 777 or 787) and the 737 is the most popular model.
The Energy department is another example. Their one main task at start up was to make the US enegy independent. After 35+ years of failure, why are the hard-earned dollars of hard working taxpayers still being funneled into that rat hole?
This is what happens with government agencies. They start out well intentioned and maybe even somewhat successful, and soon devolve into self-serving bureaucracies. The only solution is to give every agency a limited lifespan and stick to it. But the bureaucracy is so powerful that that will never happen. We are subjects of an out of control bureaucracy.
Quote:Lol, seriously? Please elaborate on the effective tax rate of corporations.
Why? I think it should be zero. I also think we need to get rid of personal income taxes, but the powers like it the way it is so it isn't going to change.
Quote:Corporations don't pay taxes. Their customers pay taxes.
As a card-carrying corporate CFO, I am here to tell you with complete certainty, that corporations do pay taxes. A lot of taxes. Their customers might pay their own taxes, but the customers do not pay taxes on behalf of the corporation, directly or indirectly.
Quote:Corporations don't pay taxes. Their customers pay taxes.
I've ran a small "corporation" (Small business but we file as a corporation) and I just don't understand this statement I see it a lot. As a corporation we have to match employee payroll taxes, pay property taxes, pay sales tax (this one is paid directly buy the consumer), in my line of work we have various environmental fee's (more taxes) and that's just off the top of my head. Now maybe the argument is that customers provide all of the corporations income so therefore all the taxes are paid as a result of customers spending money?
Things like the matched payroll taxes, environmental fee's and property taxes all come out of the bottom end profit. Heck even the new ACA legislation (which doesn't effect our small company of 10 but others I know it does) is another tax that companies (corporations) are paying for. I'd argue we have WAY to high of a "corporate" tax we should be looking to eliminate the corporate tax along with the income tax and use strictly a consumption tax.
Quote:Now maybe the argument is that customers provide all of the corporations income so therefore all the taxes are paid as a result of customers spending money?
Correct, the taxes collected by the corporation are really just a redistribution mechanism from the public to the government. Corporations are simply middlemen.
Quote:Yes government can certainly be horrible. But I'd take a democratic republic over the ownership class any day...
Of course, as it stands right now, the owners have bought and corrupted our government at the moment.
I see and hear this from progressives and I have to ask how do you justify unions? How about Hollywood? Foreign governments and nationals? Influence is bought and paid for by those who wish to garner political favor from both major parties. Once we can collectively acknowledge that we can actually find some common ground and work our way up.
Quote:I see and hear this from progressives and I have to ask how do you justify unions? How about Hollywood? Foreign governments and nationals? Influence is bought and paid for by those who wish to garner political favor from both major parties. Once we can collectively acknowledge that we can actually find some common ground and work our way up.
And all that influence is a problem. Most progressives do think this way already.
Quote:And all that influence is a problem. Most progressives do think this way already.
Sure they do, just like "those are our jets now."
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