[Vision2020] Candidate issues - The Economy
lfalen
lfalen at turbonet.com
Wed Oct 15 10:38:22 PDT 2008
Stimulating the economy from the bottom up just does not work. Increasing taxes on corporations will put some out of business, they can only rase prices so much. Up to that point costs are pasted on to the consumer(those people you are trying yo help).You are right to the point that inefficient corporations should go out of business. It would be best to remove all taxes on corporations and all subsidies except those that may stimulate alternative energy source or other items vital to the economy. I do not have a problem with high taxes on ultra rich individuals. Those who ar making millions anually should pay more. The best tax would probably be a flat tax (say 15 or 20 percent) with no deductions except for basic food items. While we are at it all government agencies should be sunset. Agencies that are needed can be reinstated. Lets git rid of unnecessary bureaucracy.
Roger
-----Original message-----
From: Paul Rumelhart godshatter at yahoo.com
Date: Sun, 12 Oct 2008 11:27:00 -0700
To: No Weatherman no.weatherman at gmail.com
Subject: Re: [Vision2020] Candidate issues - The Economy
> Right now, because the money has to come from somewhere and I'd rather
> it not be on the backs of the middle class, I'd say I'm for shifting
> some of the tax burden to the corporations instead. I wouldn't call it
> "penalizing" them, but the money has to come from somewhere.
>
> Getting out of Iraq would also help the economy.
>
> Paul
>
> No Weatherman wrote:
> > Apologies. My bad.
> >
> > So where are you on the issue?
> >
> > Penalize corporations or relieve their burden?
> >
> >
> > On Sun, Oct 12, 2008 at 10:34 AM, Paul Rumelhart <godshatter at yahoo.com> wrote:
> >
> >> I'm sorry, but the hell they do. I'm not saying that no corporations should
> >> make a profit. That would be silly. I'm saying that no _specific_
> >> corporation has a right to a profit. They only have a right to be able to
> >> compete on a level playing field.
> >> If Corporation X goes broke because Uncle Sam raised their taxes, then
> >> Corporation Y (who has found a way to work a little leaner) will step in and
> >> take over their customers. Likewise, if Corporation X pulls up it's stakes
> >> in the US and moves it's headquarters to China, then Corporation Y might
> >> just step up to the plate with a "made in America" ad campaign. It's not
> >> like we're going to run every corporation into the ground because we're
> >> raising taxes on them. Like you said, they'll just pass it on to the
> >> customer anyway. But now said customer has a choice - should they spend
> >> their extra paycheck money on shoes for the kids, or on a widget from
> >> Company X?
> >>
> >> Paul
> >>
> >> No Weatherman wrote:
> >>
> >>> Comrade Paul:
> >>>
> >>> Corporations absolutely have a right to make a profit and it's
> >>> possible to tax them right out of existence or out of the country.
> >>>
> >>> And if they go broke or abandon the US, how where will the government
> >>> get its tax revenues?
> >>>
> >>> Why don't we worry about where people are going to find their next meal
> >>> before we worry about how corporations are supposed to make their
> >>> profits?
> >>>
> >>> On Sun, Oct 12, 2008 at 10:10 AM, Paul Rumelhart <godshatter at yahoo.com>
> >>> wrote:
> >>>
> >>>
> >>>> If you raise the gas prices, the transportation costs are sent on to the
> >>>> consumer. If you raise the price of some component they need, the costs
> >>>> are
> >>>> sent on to the consumer. If you raise the minimum wage, the costs are
> >>>> sent
> >>>> on to the consumer. What Obama wants to do is relieve some of the burden
> >>>> on
> >>>> the "consumer", by lowering their personal tax burden. With all these
> >>>> costs
> >>>> being passed on to them, lowering their tax burden might actually
> >>>> convince
> >>>> them that they can still buy their product.
> >>>>
> >>>> Corporations don't have a right to make a profit. If economic times are
> >>>> tough, we should be focusing on the individual, not on how well Company X
> >>>> can sell widgets to people that probably don't even need them.
> >>>>
> >>>> If you have a bunch of yahoos making more money than they know what to do
> >>>> with, why overly tax the person that's living on ramen noodles and
> >>>> Koolaid?Why don't we worry about where people are going to find their next meal
> >>>> before we worry about how corporations are supposed to make their
> >>>> profits?
> >>>>
> >>>> Just my two cents.
> >>>>
> >>>> Paul
> >>>>
> >>>> No Weatherman wrote:
> >>>>
> >>>>
> >>>>> Paul:
> >>>>>
> >>>>> If you raise taxes on corporations so that you can lower taxes for one
> >>>>> sector of the population, how do you think those corporations will
> >>>>> recover the money they lost by the tax increase?
> >>>>>
> >>>>> THEY WILL RAISE PRICES ON THEIR PRODUCT TO RECOUP THEIR LOSSES.
> >>>>> THEREFORE, ANY MONEY GAINED BY TAX RELIEF WILL BE LOST AT THE CHECKOUT
> >>>>> STAND.
> >>>>>
> >>>>> Punitive tax hikes on corporations do not take place in a black hole
> >>>>> and neither does redistribution of wealth. These companies are in
> >>>>> business to make money, not pay taxes, and they will make their
> >>>>> profit, taxes or not.
> >>>>>
> >>>>>
> >>>>>
> >>>>> On Sun, Oct 12, 2008 at 9:00 AM, Paul Rumelhart <godshatter at yahoo.com>
> >>>>> wrote:
> >>>>>
> >>>>>
> >>>>>
> >>>>>> This is an attempt to get a discussion started on the issues instead of
> >>>>>> all the threads on who associates with who and who is encouraging the
> >>>>>> most emotional responses.
> >>>>>>
> >>>>>> Here are links to the sections on the economy from the Democratic and
> >>>>>> Republican candidates for office:
> >>>>>>
> >>>>>> John McCain: http://www.johnmccain.com/Issues/jobsforamerica/
> >>>>>> Barack Obama: http://www.barackobama.com/issues/economy/
> >>>>>>
> >>>>>> The biggest difference between the two, in my opinion, from my reading
> >>>>>> is that John McCain is focusing on helping corporations through tax
> >>>>>> breaks to help the economy whereas Barack Obama is focusing on tax
> >>>>>> breaks for the middle class instead. Both plans have a lot of
> >>>>>> provisions I like - both are looking at different ways that the
> >>>>>> work/family balance can be strengthened, for example.
> >>>>>>
> >>>>>> There's a lot of information there to go through. Please let us know
> >>>>>> your thoughts, so we can all become more educated on the candidates
> >>>>>> positions. Also, if others want to tackle third-party positions on the
> >>>>>> topics, please do. I'm not educated enough about them this time around
> >>>>>> to even know who they all are.
> >>>>>>
> >>>>>> Paul
> >>>>>>
> >>>>>> =======================================================
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> >>>>>> http://www.fsr.net
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> >>>>>> =======================================================
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>>>
> >>>>> =======================================================
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> >>>>> communities of the Palouse since 1994.
> >>>>> http://www.fsr.net
> >>>>> mailto:Vision2020 at moscow.com
> >>>>> =======================================================
> >>>>>
> >>>>>
> >>>>>
> >>>>>
> >>>>
> >>> =======================================================
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> >>> communities of the Palouse since 1994. http://www.fsr.net
> >>> mailto:Vision2020 at moscow.com
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> >>>
> >>>
> >>>
> >>
> >>
> >
> > =======================================================
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> > serving the communities of the Palouse since 1994.
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> >
> >
>
>
> =======================================================
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