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Old 09-03-11, 12:36 AM   #35
Armistead
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Quote:
Originally Posted by August View Post
Personal worth means nothing toward making your point. How do you know he didn't inherit it? How do you know he didn't marry his money like my good Senator John Kerry?

Besides, show me the business big or small that doesn't pay it's employees more than it pays it's shareholders and i'll show you the business that can't afford the talent needed to survive.

As for overseas tax shelters like I just told Gimpy if you have any kind of real proof of someone breaking the law then you ought to report it or you're just spouting political hot air.

Bull. We built the strongest middle class in history when we abolished the monarchy. In the 20th century the definition of middle class was artificially increased to include the factory workers and other lower class jobs. That has proven economically unsustainable not helped at all by the increasing fiscal demands of those lower class workers.

The loss of jobs overseas is a concern to me as well but until the worlds standard and cost of living evens out everywhere on earth the only way to stop it is by becoming economically isolationist. No matter how much you tax corporations you just can't compete with a person to whom the good life is a regular supply of rice and electricity most of the time. He'll outbid the American union member who thinks his assembly line job makes him "middle class" every time.
How silly, it's easy to know what they earned, bonuses, etc...that's reported, but I actually have no problem what they're paid.

Funny, the more lobbying allowed, the more tax shelters that have been given to US corps overseas. You call it fair because it's legal, no, it's bought and paid for. Because of these shelters US corps pay one of the lowest rates in the world.

Geesh, what country are you living in, we never abolished the monarchy, we started our own nation. Our strong middle class was developed in the late 1870's -1980's due to people fighting for fair tax codes, fighting monopolies, fair wages, etc...Many parts of the world were poor then, but our laws worked for Americans.

You hit it when you said the US will be force to go back to working wages and standards of 3rd world nations, because US law allows us to outsource jobs to lands with lil regulation or workers rights, no amount of tax cuts will bring back jobs, just more profits corps can invest creating more jobs overseas.. When americans are willing to take jobs for $2 per hour with no benefits or regulation, maybe they'll come back. Due to cost of living here it would never equal out. Why not go back to the regulations, trade laws and tax code that created a great middle class here. Seems we cut the tax code and we lost many more jobs, that's a fact.

The next generations of Americans will find themselves not a superpower, mass poverty, etc....why new nations build themselves as superpowers off the US corporation.

Last edited by Armistead; 09-03-11 at 01:04 AM.
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