Deleted
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Post by Deleted on Feb 6, 2011 13:43:55 GMT -5
Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States. Ronald Reagan
(unless gov'ts crush them under regulations, taxes, etc-- are we then to be a nation of regulators and tax collectors when seeking employment?? BUT, but... who will be left to regulate and tax?)
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ugonow
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Post by ugonow on Feb 6, 2011 15:37:31 GMT -5
But Reagan raised coporate taxes. His Tax Reform Act raised taxes drasticly on business large and small.
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Post by Deleted on Feb 6, 2011 16:06:44 GMT -5
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ugonow
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Post by ugonow on Feb 6, 2011 17:00:42 GMT -5
His Deficit Reduction Act should be a model for Obama to reduce the deficit. I know the Tea Party says recessions right themselves and government interference just makes them worse,but in Reagans case,this is not true. He single handedly brought the inherited recession to an end after a bit more than 2 years of legislation.
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Shirina
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Post by Shirina on Feb 7, 2011 0:08:40 GMT -5
The 'evil' government has always been a convenient scapegoat, a target for finger-pointing and blame whenever the greediest among us wish to maximize profits at the expense of workers, etc. That would be unethical, so they mask it with a smokescreen aimed at the government.
In truth, they aren't hiring and they're laying off because they are under constant pressure from shareholders to boost profits as high as they can possibly go. Laying off workers often increases stock values, so ....
This comes from a study I've read in a peer reviewed sociological journal, not a news blog or TV show. I'd provide a link, but journals are not posted on the internet.
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Shirina
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Post by Shirina on Feb 7, 2011 0:15:21 GMT -5
Yes, I'm quite serious. We're already still under the Bush tax cuts, but as per usual, people want more. It's always more.
And now we have a huge deficit and debt. How do you suppose we're going to pay that off? By decreasing government income by lowering taxes non-stop? I doubt you govern your personal finances in the same way. Do you take out a loan and then take on a job that pays less than the one you had when you borrowed?
How would you define "excessive" pay and benefits?
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fairlycrazy23
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Post by fairlycrazy23 on Feb 7, 2011 0:17:00 GMT -5
The 'evil' government has always been a convenient scapegoat, a target for finger-pointing and blame whenever the greediest among us wish to maximize profits at the expense of workers, etc. That would be unethical, so they mask it with a smokescreen aimed at the government. In truth, they aren't hiring and they're laying off because they are under constant pressure from shareholders to boost profits as high as they can possibly go. Laying off workers often increases stock values, so .... This comes from a study I've read in a peer reviewed sociological journal, not a news blog or TV show. I'd provide a link, but journals are not posted on the internet. All I can say to this is duh!
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Post by Mkitty is pro kitty on Feb 7, 2011 1:19:17 GMT -5
Okay folks, the calendar says 2011. So what's the Republican controlled HoR been doing? Well other than: Having two members swear in via TV Write a repeal Obamacare bill that has everyone should have known it had about 0% of passing - it didn't even need a Senate filibuster A bill that redefines what rape is - yeah that's a real jobs creator. Well, where are all those sweeping changes? Obama is the last part of the process, wouldn't it be better to concentrate on step A rather than the last step?
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Post by privateinvestor on Feb 8, 2011 19:42:53 GMT -5
Okay folks, the calendar says 2011. So what's the Republican controlled HoR been doing? Well other than: Having two members swear in via TV Write a repeal Obamacare bill that has everyone should have known it had about 0% of passing - it didn't even need a Senate filibuster A bill that redefines what rape is - yeah that's a real jobs creator. Well, where are all those sweeping changes? Obama is the last part of the process, wouldn't it be better to concentrate on step A rather than the last step? Republicans in the House with Congressman Paul Ryan in the lead role are working for sweeping tax system changes and pressuring the Obama Administration to accept their proposals for tax credits.....the Energy Dept has signaled that they will allow tax credits for electric vehicles at the point of sale...this has been a boost for the auto industry and we saw some gains in the auto stocks today. But we need more tax credits for businesses while the debate goes on in congress about reforming or overhauling our complete tax systems. Although giving tax breaks to businesses is something that is anathema to Dems and they will block this at every step along the way, so tax credits may be the only way to go...IMHO
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fairlycrazy23
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Post by fairlycrazy23 on Feb 8, 2011 21:16:16 GMT -5
Tax credits just encourage business to move resources into areas that are not really in demand.
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ugonow
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Post by ugonow on Feb 9, 2011 8:30:51 GMT -5
Companies were putting off hiring until they knew for sure whether the tax cuts would be extended.
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Post by privateinvestor on Feb 9, 2011 8:32:39 GMT -5
Tax credits just encourage business to move resources into areas that are not really in demand. Tax Credits are supposed to increase sales...not sure what you mean about moving resources?? I think a $7500.00 tax credit being proposed by Obama for electric vehicles is a good thing.....especially if it is at the point of sale. This proposal has been around for a few years and was well received yesterday in the stock markets for those companies effected...
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floridayankee
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Post by floridayankee on Feb 9, 2011 9:58:47 GMT -5
Tax credits just encourage business to move resources into areas that are not really in demand. Tax Credits are supposed to increase sales...not sure what you mean about moving resources?? I think a $7500.00 tax credit being proposed by Obama for electric vehicles is a good thing.....especially if it is at the point of sale. For quite a few EV buyers, the tax credit alone sold the deal...allocating their dollars to a product that otherwise wouldn't be in demand. Whether it is a good thing or not is pretty much a personal opinion and really has no bearing on the point fairlycrazy was making. For me, even if they gave me one free, I likely wouldn't use it much more than a local weekend car because the current EV's do not get the range I would require to make it a practical every day car.
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Post by privateinvestor on Feb 9, 2011 10:56:40 GMT -5
Tax Credits are supposed to increase sales...not sure what you mean about moving resources?? I think a $7500.00 tax credit being proposed by Obama for electric vehicles is a good thing.....especially if it is at the point of sale. For quite a few EV buyers, the tax credit alone sold the deal...allocating their dollars to a product that otherwise wouldn't be in demand. Whether it is a good thing or not is pretty much a personal opinion and really has no bearing on the point fairlycrazy was making. For me, even if they gave me one free, I likely wouldn't use it much more than a local weekend car because the current EV's do not get the range I would require to make it a practical every day car. What you failed to consider is that companies, states, and towns are switching to electric cars for their fleet cars......and they welcome the tax credits. Also I read on a military blog that the Pentagon is considering going electric for some of their fleets cars, and trucks....now that would be a good thing and could save them some megabucks. But change in the military comes slow, slow, and slower.....IMHO
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floridayankee
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Post by floridayankee on Feb 9, 2011 11:20:26 GMT -5
What you failed to consider is that companies, states, and towns are switching to electric cars for their fleet cars......and they welcome the tax credits. And for a few, they might not have without the tax credits. In the case of government EV fleet cars, I'm sure that "political correctness" has a lot to do with it a well. That remains to be seen. A lot of people say that I must save a lot of money riding a motorcycle. While that may be true at the pump, it does not hold true when factor in an oil change that costs $50 and up and the last rear tire I put on my bike was north of $200.00 and I only get 20-25,000 miles out of it.
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Post by Mkitty is pro kitty on Feb 9, 2011 11:23:37 GMT -5
What would payroll taxes have to do with hiring someone? Employers pay them the same amount no matter what the taxes are. As for the others, find a real reason, say like they're shipping jobs overseas, not oh noez!!!!1! Teh paperwork! A lot of government workers would disagree with you. If an entity has money and pays you to do something, it just created a job. In other words, have taxes be zero, or better yet, pay them to make money. Sorry, but the road paving fairy has been on strike for a while. Jpegs of Obama throwing cash around or it didn't happen. No photoshop edits allowed. Do you have a bill or anything? They've had over a month. Where did the jobs! jobs! jobs! mantra go? Or is responsibility only for other people? And as for tax credits, you're in favor of welfare, then? "Companies pile up cash but remain hesitant to add jobs" www.washingtonpost.com/wp-dyn/content/article/2010/07/14/AR2010071405960.html"Nonfinancial companies are sitting on $1.8 trillion in cash, roughly one-quarter more than at the beginning of the recession. And as several major firms report impressive earnings this week, the money continues to flow into firms' coffers." When you're sitting on almost two trillion, collectively, you aren't hurting. It's demand for jobs that creates them, not tax cuts. If I have a business, and I get a big tax cut, what's stopping me from pocketing the money and not hiring people? NOTHING.
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floridayankee
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Post by floridayankee on Feb 9, 2011 11:31:02 GMT -5
But did it really create a job or merely reallocate that job from private to public?
Actually, it's the demand for products and services that creates jobs.
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Post by privateinvestor on Feb 9, 2011 11:57:38 GMT -5
Total % Favor Total % Oppose
Pass an energy bill that provides incentives for using solar and other alternative energy sources... Favor 83% ..Oppose15 %
Pass a bill to overhaul the federal tax code...Favor 76% Oppose 14%
Source: Gallup, based on polling on Jan 14-16, 2011.
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Angel!
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Post by Angel! on Feb 9, 2011 12:56:05 GMT -5
Geez...when will this myth of the "real unemployment rate" die. The official unemployment number counts exactly what the govt says it counts. Just because the official definition of unemployment doesn't match your definition of unemployment doesn't mean that your number is the "real unemployment rate". You could say that unemployment is 17% if you include those who are underemployed & discouraged, but you can't say the "real unemployment rate" is 17%. You rate is no more real than theirs, they are just using the official govt. definition.
- I think this number is under 15-16% now when you count underemployed & discouraged, I think the 17% was quite a while back.
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ugonow
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Post by ugonow on Feb 9, 2011 13:03:55 GMT -5
Employers were just waiting to see if the tax cuts would be extended.As soon as they hear,they will start hiring..... Did you know the UE numbers are gotten by a telephone poll?
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Angel!
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Post by Angel! on Feb 9, 2011 13:14:35 GMT -5
Employers were just waiting to see if the tax cuts would be extended.As soon as they hear,they will start hiring..... Did you know the UE numbers are gotten by a telephone poll? Some are over the phone, some are in person. They try to visit the household to complete the survey the first time it is being surveyed.
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jkapp
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Post by jkapp on Feb 9, 2011 17:35:14 GMT -5
Why is it the conservatives whine incessantly about "too much government," yet expects the government to fix the unemployment issue? There really isn't much the government can do to create jobs aside from creating them itself, and we all know how much conservatives love government jobs. Instead of looking at Obama, why not start asking the private sector why they aren't hiring? In fact, why are businesses laying off workers while reporting record profits? Perhaps you should be looking at the shareholders for the answer. I find it mildly ironic that the conservatives want government to stay out of the health care business (i.e. don't even try to fix the abysmal system we have now), but they damn well better fix unemployment. How does this strange dichotomy work, anyway? I don't think they expect Obama to create jobs (at least I hope not!). But Obama is the one who said he was going to create them. What the anti-Obama crowd is doing is pointing out how full of #&^@ Obama was in his promises. Now another point in your post...many companies are not hiring because of how Obama and the Dems keep throwing around anti-business policies (threatening more taxes, more regulation, the whole 1099 fiasco is still in limbo) all of which makes the business community stay where they are - i.e. no movement for growth (no growth, no jobs). The last thing a business wants to do is invest in growth and then find out they have millions of more taxes to pay or now has to implement further regulatory practices. So they are sitting on their current business models and raking in the profits from them while they wait to see what comes from government (which moves at a snail's pace, of course).
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jkapp
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Post by jkapp on Feb 9, 2011 17:49:08 GMT -5
Yes, I'm quite serious. We're already still under the Bush tax cuts, but as per usual, people want more. It's always more. And now we have a huge deficit and debt. How do you suppose we're going to pay that off? By decreasing government income by lowering taxes non-stop? I doubt you govern your personal finances in the same way. Do you take out a loan and then take on a job that pays less than the one you had when you borrowed? I also don't govern my finances by borrowing more money when I am already overdrawn in debt. I also don't govern my finances by taking out loans, getting more money to pay the loans off, but then using that money to pay for other things. Higher taxes mean NOTHING when the funds will be used for all other purposes EXCEPT paying down the debt. Show me where the Dems have promised higher taxes will do such a thing, and also show me any time in history where they have actually done it.
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fairlycrazy23
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Post by fairlycrazy23 on Feb 9, 2011 17:56:24 GMT -5
Lowering tax rates does not mean lowering tax revenue. Usually it means the opposite. But I believe if we completely eliminated federal income and payroll taxes and replaced it with a sales tax we would transform the country into a 'tax haven' for business, this could spur business to expand or relocate to the US, eventually increasing jobs.
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ugonow
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Post by ugonow on Feb 9, 2011 18:01:24 GMT -5
Unless state and local governments continued to make up their shortfalls by raising sales taxes and consumers figure out the best tax avoidence tool is now to quit consuming........
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Post by ed1066 on Feb 9, 2011 18:02:42 GMT -5
LOL! They're the Obama Tax Cuts now! By the way, never mind the jobs, where's the oil all the liberals said we were fighting these wars for??
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fairlycrazy23
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Post by fairlycrazy23 on Feb 9, 2011 18:09:41 GMT -5
Unless state and local governments continued to make up their shortfalls by raising sales taxes and consumers figure out the best tax avoidence tool is now to quit consuming........ I can't speak to individual states, but at the federal level it would be difficult to raise the rate. And I think it would be great if you could avoid taxes if you wanted to live a simple life. Changing over to the fair tax would be a far better way to fund the federal government but it does not address the current overspending.
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ugonow
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Post by ugonow on Feb 9, 2011 18:18:42 GMT -5
By the way, never mind the jobs, where's the oil all the liberals said we were fighting these wars for??
Didn't it go to fund the Iraq war?
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Deleted
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Post by Deleted on Feb 9, 2011 19:07:37 GMT -5
Who the F knows?? These globalist lie through their teeth.
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