Tuesday, February 1, 2011

Re: The poor are not getting poorer

> Lowering the taxes didn't seem to do anything.

Clearly you missed the point. The problem will not be fixed by
changing the tax rate, up or down.

> If they think some other country is better, Ok, bye bye.
> Yep. Bye bye.

You're sarcastic "bye bye" has significant consequences. They go, the
jobs go. Who do you think is going to do the employing AND who do you
think will pay the taxes you so desperately want to rely on?

> Of course they won't because the only thing that will in your mind is
> lower taxes... the same lower taxes that didn't create any jobs
> before.

No where did I say lower taxes. You need to stop being so fixated on
the raise/lower taxes argument. That IS NOT the problem. Trading
inequities and moving jobs overseas can not be fixed by increasing the
marginal tax rate for those making more than xx dollars.

> It doesn't matter if there's zero taxes, they still couldn't compete
> with countries that have $1 a day workers and $10 a day managers.

Absolutely right! Likewise, a tax rate of 90% wouldn't help us
compete, but compete we must. This is why taxes is not the answer.
More US friendly trade agreements (monetary policies, opening markets
to US goods, etc.) could help us compete, however. And if we're
competitive we create more jobs, and if we create more jobs we'll have
fewer people dependent on government and higher income from taxes.

> Until they address the problem of a grossly over-paid management,
> nothing will change.

Fat cat corporate executives, corrupt 'good ole boy' corporate boards,
etc., are all problematic. But you can't fix that problem with
increased marginal tax rates.

> Until then, you'll just have to keep blaming the unemployed, the poor,
> the hungry, the indigent, those with poor health, Social Security,
> unions, and all the other things Republitards typically put blame on.

No disrespect, but your an idiot. You find one post of mine that
supports such an asinine assertion and I'll apologize and buy you a
beer. Till then, try thinking in something other than two dimensional
terms. Your answer to everything is more taxes on the wealthy, and
when someone doesn't agree with you, you automatically assume and
label.

On Jan 31, 3:53 pm, studio <tl...@hotmail.com> wrote:
> On Jan 31, 11:00 am, frankg <fran...@gmail.com> wrote:
> I might agree with you on tariffs.
>
> > You think increasing taxes on the wealthy will fix the problem?  
>
> Lowering the taxes didn't seem to do anything.
>
> > That
> > might only make them speed up the migration of assets overseas,
> > exacerbating the problem.
>
> If they think some other country is better, Ok, bye bye.
>
> > US corporate executives care only how the
> > company stock is trading on Wall Street. How their actions affect
> > their employees, or the country as a whole, is of no concern to them.
>
> Yep. Bye bye.
>
> > I'm no economist, but it seems to me that until we overhaul the
> > existing trade system, which should include an import tariff like most
> > other countries; until we start making corporations pay dearly for
> > moving a job overseas and until we start making American made products
> > both cost and quality competitive, our economy will continue to
> > collapse. Increasing the taxes on the wealthy might be a 'feel-good'
> > tactic to those who are not wealthy, but it will do nothing to correct
> > the current crisis we are in.
>
> Of course they won't because the only thing that will in your mind is
> lower taxes... the same lower taxes that didn't create any jobs
> before.
>
> It doesn't matter if there's zero taxes, they still couldn't compete
> with countries that have $1 a day workers and $10 a day managers.
>
> Until they address the problem of a grossly over-paid management,
> nothing will change.
> Until then, you'll just have to keep blaming the unemployed, the poor,
> the hungry, the indigent, those with poor health, Social Security,
> unions, and all the other things Republitards typically put blame on.

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