Originally posted by KellyJaysorry to say that you are dead wrong. in the 70's taxes for the rich and corporations was nearly 70%. yet they still managed to make money. When they were provided tax relief, did they pass any of that onto the consumer or their employee's? NO. instead they shipped good manufacturing jobs overseas, and gave unconsionable bonus' to CEO's. The average CEO makes 450 times what the average factory floor worker makes. that is capitalism run amok. the cost of products and services are what the market will bear, and have almost nothing to do with levels of taxation
The cost of doing business is the cost of doing business, and if you
raise that things cost more, taxes are just part of the puzzle, the
more they pay the less people can get in their pay checks too.
Kelly
Originally posted by duecerYou are looking at apples and oranges here, we are talking about
sorry to say that you are dead wrong. in the 70's taxes for the rich and corporations was nearly 70%. yet they still managed to make money. When they were provided tax relief, did they pass any of that onto the consumer or their employee's? NO. instead they shipped good manufacturing jobs overseas, and gave unconsionable bonus' to CEO's. The average CEO makes ...[text shortened]... ervices are what the market will bear, and have almost nothing to do with levels of taxation
business were we not? What we do know about that is that many of
them are going out of country because in this one, they are targets
and they are taking our jobs with them. You get a high taxing state
you start losing jobs, or you get what would be a great job, but
because the cost of living is so high no one wants to move there.
Kelly
Originally posted by KellyJayNot necessarily true. States like Mass. and Oregon, NY, all have increased jobs, and industry. All high tax states. The common thread is a better educated work force, which attracts tech jobs, and higher end process manufacturing.
You are looking at apples and oranges here, we are talking about
business were we not? What we do know about that is that many of
them are going out of country because in this one, they are targets
and they are taking our jobs with them. You get a high taxing state
you start losing jobs, or you get what would be a great job, but
because the cost of living is so high no one wants to move there.
Kelly
Companies go off shore to avoid paying taxes, true. Yet they are still doing business here. I re-assert that if corporations paid their fare share of taxes, you and I wouldn't have to.
Originally posted by duecerHigh end manufacturing is moving off shore, a lot of the engineering
Not necessarily true. States like Mass. and Oregon, NY, all have increased jobs, and industry. All high tax states. The common thread is a better educated work force, which attracts tech jobs, and higher end process manufacturing.
Companies go off shore to avoid paying taxes, true. Yet they are still doing business here. I re-assert that if corporations paid their fare share of taxes, you and I wouldn't have to.
work is done here, but that will change too over time. You'd have to
show me your numbers (jobs) I'd be interesting in seeing them.
Kelly
Originally posted by duecerCompanies do pay taxes, but that raises the cost of goods and
Not necessarily true. States like Mass. and Oregon, NY, all have increased jobs, and industry. All high tax states. The common thread is a better educated work force, which attracts tech jobs, and higher end process manufacturing.
Companies go off shore to avoid paying taxes, true. Yet they are still doing business here. I re-assert that if corporations paid their fare share of taxes, you and I wouldn't have to.
services. I'm not sure what part of that you don't understand, the
bottom line is always going to be the bottom line, it is true with
a business or a person. If you cannot afford to work a high paying
job because the cost of living is to great, who cares that is it a high
paying job? Personally, I'd rather get more in my pay check than
have the govenment take more out of it any time.
Kelly
Originally posted by shavixmirWow!
Let me get this straight... there's a 14$ an hour difference between two people basically doing the same job?
Wow. I'm not sure how to react to that.
Anyone care to compare Tom Brady (NFL Quarter back for Patriots) salary with other NFL quarterbacks?
Or what about professional actors and singers and their variance in pay?
I'm not sure what to say. It is astonding that anyone would find it odd that people with the same job title might have widely different pay.
Originally posted by KellyJayhttp://lmi2.detma.org/lmi/Newsrelease/NewsLMI20071220.htm
High end manufacturing is moving off shore, a lot of the engineering
work is done here, but that will change too over time. You'd have to
show me your numbers (jobs) I'd be interesting in seeing them.
Kelly
its fairly interseting reading.
we have fundamental differences on the nature of taxes, I probably won't ever agree with you on that note.
Originally posted by duecerAhh, the good ole’ 70’s say you, when your US taxes were at a nice comfy 70%. How you long for those halcyon days. I quote:
sorry to say that you are dead wrong. in the 70's taxes for the rich and corporations was nearly 70%. yet they still managed to make money. When they were provided tax relief, did they pass any of that onto the consumer or their employee's? NO. instead they shipped good manufacturing jobs overseas, and gave unconsionable bonus' to CEO's. The average CEO makes ...[text shortened]... ervices are what the market will bear, and have almost nothing to do with levels of taxation
“In the 70's taxes for the rich and corporations was nearly 70%. Yet they still managed to make money.” “The cost of products and services are what the market will bear, and have almost nothing to do with levels of taxation.”
Of course, you say now; You can’t understand why those evil 1970's companies went overseas. Perhaps it was because of this:
INFLATION: In the 70s, inflation rates were over 14%,
INTEREST: Federal Reserve System - Bank Prime Loan Rate 18.50 %
GOLD: 1970's price of gold peaked, in 2007, inflation adjusted dollars, gold was over $2100 per ounce.
Summation of your "high tax 70's": An economic shambles!
Originally posted by duecerthe high-unemployment, high-inflation 70's?
sorry to say that you are dead wrong. in the 70's taxes for the rich and corporations was nearly 70%. yet they still managed to make money. When they were provided tax relief, did they pass any of that onto the consumer or their employee's? NO. instead they shipped good manufacturing jobs overseas, and gave unconsionable bonus' to CEO's. The average CEO makes ...[text shortened]... ervices are what the market will bear, and have almost nothing to do with levels of taxation
The plain truth is that I (and no one else) should have to turn his life upside down by moving to another state in order to get a decent job. IO recall; Reagan saying that there were "plenty of jobs out there", because the newspaper he read had a huge list of 'em in the want ads. The simpleton never understood that most of those jobs were either barely minimum wagers or entry-level positions asking for a PhD and 10 years experience. Does the world owe me a living? No, not the world--just the United States. And In My Back Yard, too ! 😛