News Us politics - read first post before comment

[Rumors]

I think you're confusing a bit of your own bias here. Presidents don't rule taxes... just like our prime mi...

We can agree to disagree here especially as it pertains to GM only bc I know differently. You can read what was printed but there is more to the story. I realize they refused to come on and give credit to the trump effect only bc they absolutely will not be political, but it had everything to do with the trump effect. Congress and senate are republican rules and take their lead from the president. He has already publically stated that in his next budget it will reflect corporate tax breaks. The president has a massive force behind the economy. Saying he doesn't control the economy in any stretch is like saying a steering wheel doesn't guide the car...

 

[Justmehere]

We had several companies who were committed to leaving the US for Mexico, Carrier and GMC were two biggies.

Carrier - 600 layoffs coming to Carrier plant Trump claimed to save last year
GM - GM to cut another 1,100 jobs

If Trump is responsible for immediate/short term job growth, then he must be responsible for these losses, which equal or outweigh even the most generous claims by the Trump camp themselves of jobs Trump is alleged to have saved at GM and Carrier.

A president is not CEO of the nation. It simply doesn't work that way.

We have one of the highest corporate tax rates in the world.

Here is where the stats agree with you.

Furthermore, as much as those on the left praises the socialist models of Europe, it doesn't work out economically: If Sweden and Germany Became US States, They Would be Among the Poorest States

 

[Deleted member 541]

Tax breaks for corporations.....Report: CEOs Earn 331 Times As Much As Average Workers, 774 Times As Much As Minimum Wage Earners. Sure just what they need is a tax break!!! If they stopped paying their CEO's outrageous salaries then they could afford to pay their taxes.

And the taxes bracket for them is usually 35%. But we all know that with the the loopholes and tax write off's they don't pay anywhere near the 35%. I don't feel sorry for these people that get MILLIONS of dollars in salary, then scream about how much tax they pay.

Don't get me going about the crazy salaries that CEO's, and our sports pay their players. The top 25 highest salaries in sports in 2013-2014 It's sickening.

Our pay scales and values are just totally out of whack!!!!

 

[Deleted member 41765]

And then there's this:
White House’s dwindling science office leaves major research programmes in limbo

Clearly a brilliant move.

 

[Deleted member 41765]

Regarding the "oath keepers" constitutionalist militias etc

I would not like to regard them at all. Particularly when they spew hate into my city.

I think currently identifies as a left / bleeding heart libertarian anarchist)

Hahaha! Love this descriptor. Will read...

 

[lostforgottensoul]

Sure just what they need is a tax break!!

Possibily. It depends on how and why it is done.

This is a subject I am fully passionate about due to how it impacts me personally at my job.

Ok, so most call centers have farmed work off to India. Cheaper workers. It sounds good. But its not. And it has gotten way worse over the last 6 or so years.

At my last job, just as this job, I worked as tech support for internet, PCs, landline phone, and IPTV. Want to know the biggest complaint from customers? The #1 thing i got screamed at about and the #1 reason customers were canceling? It wasn't that their internet, PC, phone, or tv wasn't working and it wasn't "your company sucks". It was "I can never get to someone in America! You serve America. Why can I not get someone on the phone from the US? No, I get someone reading a script that I cannot understand! This is unethical as you are giving jobs to another country. I want to cancel all of my services and I will be posting this everywhere". Seriously. The #1 complaint. Not just some people. Most people. And I didn't even work in Retention.

Ok, got fired in April. I get hired at a new company as an internet, PC, VOP, tech support in June. It had just come down the daisy chain a few weeks into training that we are pulling out of India and bringing it soley to the US.

My question is why? A tax break given to them if they do? Maybe. If a tax break is given to try to build jobs this way, it needs to have guildlines on it that they have to pull out fully in a certian time frame and open a certian number of jobs here in the US and keep them here for a certian timeframe before the tax break is given. If it is handed out willy nilly saying "well if they get a tax break, it will flow down the chain" then that isn't good nor correct as no one is there stopping the business from just pocketing the money. That would be a stupid move for that reason.

To also be fair, we are talking about 2 completely different companies, the new one is a much bigger company that just bought out a much smaller one and the "pull out of India" could have been in the works for way longer then the election. But, I still wonder why the tax break. I have to believe that a businessmam that is a bazillonair has the brains to not allow CEOs and businesses in general to just pocket the money but no one really knows at the moment. From what I've seen. That is just one factor. One reason that would be vaild that would help everyone involved, including the business as happier customers equates higher profits overall.

I am NOT saying I am in favor of tax breaks to businesses. I am only saying that I can see that telling a business "if you pull all jobs out of all foreign countries and open the same number of jobs here in the US for a year (or however long) then you will get a tax break of X number. And if you keep all jobs here you get to keep that tax break but if you move jobs out of country again you loose that tax break" as being a vaild reason to give a tax break to business that makes sense and how that is good for people needing jobs, the customers, the business (in 2 ways, happier customers meaning less churn = more profit and a tax break), and the US economy, all at once. I believe X number is 35% to 15%?

Anyway, just a thought. Maybe a bad one but a thought nonetheless.

 

[scout86]

Taxes on businesses and taxes on CEO's aren't exactly the same thing. (CEO compensation is a deduction for businesses, I think.) And CEO compensation is a different topic too. (But a lot of it is outrageous.)The system as it exists now seems to be too complicated for all practical purposes. And it seems like the more money someone makes, the easier it is for them to avoid taxes. For example, the famous deduction for mortgage interest. My mortgage is paid off now, but I never got to claim that deduction. Why? Well, basically because my mortgage wasn't high enough. I bought a place I knew was well within my ability to pay, so the interest wasn't enough to justify itemizing deductions. From what I've heard, that's true for a lot of people in the lower and middle income ranges.

 

[hodge]

I totally understand that economic issues are so important to most posters on this thread. I just have throw this out there, though: if Trump and his cadre have ceded some power to Putin, as appears more and more to be the case, I think we have bigger fish to fry in the immediate future, um, like our democratic way of life here. And if we lose that, we also lose the power to determine our economic circumstances.

 

[hodge]

I don't know if this has anything to do with anything, but is anyone's else's internet running really slow today? Every website I go to is taking forever to load up and I rebooted a little while ago, so it's not my computer. Is this an effect of some kind of hack attack?

 

[Deleted member 41765]

It's the Russians ;)

 

[hodge]

Lol, @ShikibuZ. Can you blame me for wondering about that?

Gads, now I'm second guessing myself about even laughing about this. I suppose it's sort of this inherent American belief I grew up with that we are invulnerable, that no other country can affect our lives. But maybe they are now. If so, thank Trump. Isn't it hideously obvious by now that he has almost familial ties with Russia? Even two of his three wives are from former Soviet countries. No one says anything about that, but I see it as just of a piece of his interests. No U.S. banks have lent to him in years, so all his money has come from Russia, as Donald Jr. has affirmed. Anyone in Congress who disputes this is just a liar and an asshole. They need to step up and get this crazy moron out of office. And Pence, too. His press secretary yesterday three times refused to deny that Pence had meeting with Russia after he joined the campaign. This is just flipping outrageous. If this was a Democratic president doing this crap, impeachment proceedings would have already started. If we end up with Paul Ryan as president, I can live with that, as awful as he is. At least he's not in bed with Russia. Jeez, how the bar has been lowered so far so quickly after a stellar president like Obama.

 

[lostforgottensoul]

rebooted a little while ago, so it's not my computer.

Rebotting doesn't take your PC out of possibilties and is most likely the cause.

The Russians are not making your PC load websites slower. That sounds like one of my customers! :rolleyes: