Somebody here going to figure out that tax rate is not the same as collected revenues? What matters is the effective tax rate not the "US has has the highest corporate tax rate in the world" spouted by rwingers ad nauseum.
On Monday, May 13, 2013 10:58:08 AM UTC-5, jane wrote:
> On May 13, 11:23 am, wy <
w...@myself.com> wrote:
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> > On 13 May, 10:54, jane <
jane.pla...@gmail.com> wrote:
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> > > On May 13, 9:45 am, wy <
w...@myself.com> wrote:
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> > > > On 13 May, 09:25, jane <
jane.pla...@gmail.com> wrote:
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> > > > > On May 13, 12:19 am, RichTravsky <
traRvEskyM...@hotmail.com> wrote:
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> > > > > > Bert wrote:
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> > > > > > > Innews:518DD315...@hotmail.comRichTravsky
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> > > > > > > <
traRvEskyM...@hotmail.com> wrote:
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> > > > > > > > "MattB ." wrote:
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> > > > > > > >> On Tue, 07 May 2013 23:01:18 -0600, RichTravsky
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> > > > > > > >> <
traRvEskyM...@hotmail.com> wrote:
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> > > > > > > >> >Whoops, make that CAPITALIST Obama...
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> > > > > > > >> Seems the cut in Federal programs has had a positive effect. It has
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> > > > > > > >> also harmed people.
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> > > > > > > > Bzzt. You dork it AGAIN.
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http://graphics8.nytimes.com/images/2012/09/12/opinion/091212krugman2/0
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> > > > > > > > 91212krugman2-blog480.jpg
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> > > > > > > Citing former Enron advisor Krugman does not enhance your credibility.
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> > > > > > Idiot. That's just a graph he posted.
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> > > > > > See
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http://research.stlouisfed.org/fred2/graph/?id=DJIA
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> > > > > > esp the part where it says "source".
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> > > > > > > Citing the DJIA as representative of the economy shows that you're
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> > > > > > > really silly.
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> > > > > > That's capitalism, baby.
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> > > > > > > --
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> > > > > > >
b...@iphouse.com St. Paul, MN
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> > > > > “The Federal Reserve has done a good job stimulating financial
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> > > > > conditions and lifting the market,” he said. “It’s been less
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> > > > > successful in stimulating job growth.”
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> > > > > "“Right now, C.E.O.’s are saying, ‘I don’t really need to hire because
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> > > > > of the productivity gains of the last few years,’ ” said Robert E.
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> > > > > Moritz, chairman of the accounting giant PricewaterhouseCoopers. ...
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> > > > > At 218,300 employees, United Technologies’ work force is virtually
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> > > > > unchanged from seven years ago,"
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> > > > > "...stock markets are thriving even as the economy is barely growing
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> > > > > and unemployment remains stubbornly high.
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> > > > > With millions still out of work, companies face little pressure to
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> > > > > raise salaries, while productivity gains allow them to increase sales
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> > > > > without adding workers."
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> > > > >
http://www.nytimes.com/2013/03/04/business/economy/corporate-profits-...
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> > > > Which is called complacency on the part of Corporate America. The way
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> > > WRONG, making profits is not complacency. Corporations are doing what
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> > > they are supposed to do, make a profit for the owners.
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> > I didn't say making profits was complacency. You and your control
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> > freakness.
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> > > > to get rid of that complacency is to start taxing them more, exactly
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> > > Sounds goods to me. GE pays ZERO US corporate taxes. I know from
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> > > past performance that you have a problem with arithmetic. Double GE's
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> > > tax rate and ZERO times 2 is still ZERO.
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> > Well, if you insist on using your right wingnut math, then yeah. But
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> > I use real world math whereby a mandatory minimum tax is applied - no
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> > ZEROES allowed.
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> > > One of the reasons why this is the case is becuase the US has the
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> > > highest corporate tax rate in the industrialized world. Make that tax
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> > > rate higher and other corporations will work harder at moving more of
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> > > their profits over seas.
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> > And you so blindly buy into that fallacy like the good right wingnut
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> > you are.
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> > > > what Reagan and Clinton did, because by taxing them more, they'll see
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> > > Once again, you are giving yoorg a run for his money in the Bull Shit
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> > > and making up lies department.
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> > > When Reagan took office, the highest corp marginal rate was 46%
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> > > Reagan lowered the rate to 40%
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> > > He then lowered the amount Over $335,000 to 345%
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> > Corporate taxes went down from 1977 to 1983, when Reagan decided to
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> > uplift them steadily throughout the next 5 years he was in office.
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> > Clinton gave them a bump upwards as well. The rise didn't have to be
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> > much to produce the desired result of emerging from a recession and
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> > increasing employment, as you can see by the pretty picture:
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http://mrzine.monthlyreview.org/2005/PayrollIncomeCorporateTaxes488.gif
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> You are a financial idiot. Your citations shows tax REVENUE, not tax
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> RATES.
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> Reagan lowered the corp tax rate for small corporations in 1982 and
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> then lowered them some more in 1983; the rate for the largest
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> corporations remained at 46%.
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> When Reagan took office, the tax rate for the largest corporations was
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> 46%
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> For 1987 the tax rate for large corporations was lowered to 40%;
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> it was lowered to 34% for 1988
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> PLONK!
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> > > > their profits be chipped away and in order to maintain the same level
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> > > > of profit growth they would have to adopt a more aggressive and
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> > > > competitive approach to maintain their position, and this would
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> > > Such as shifting profits overseas.
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> > Penalize the process, don't just let it happen.
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> > > > include investing, hiring and expanding - with the $2 trillion+ in
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> > > > unspent cash they're sitting on. Besides, Corporate America is
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> > > > grossly undertaxed as it is with only $80 billion annually now being
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> > > > reaped from them collectively. That's peanuts.
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> > > Japan lowered their corporate rate to increase corporate tax revenue.
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> > If Japan is such a tax haven for Corporate America, then all of
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> > Corporate America would be there? But they're not. Why not?
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> Because, until just recently, Japan's rate was higher than the US corp
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> tax rate. ALSO because, while Japans rate was higher than ours, the
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> corporations had already established a presence in other countries
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> (with even lower tax rates).
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> You really don't have the intelligence for this conversation.
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> PLONK!