Author Topic: Explain this to me please. (Read 1585 times)

gofaster · « **on:** March 26, 2004, 02:33:56 PM »

Kerry is popping off about cutting corporate taxes to create more jobs in America.

Uh, the last time I checked, companies only hired more people if there was an increased demand for their products/services. How would lower taxes create more demand for products/services? Wouldn't lower taxes simply mean that companies would be able to keep the employees that they have right now? And allow owners to keep more of the profits?

Steve · « **Reply #1 on:** March 26, 2004, 02:38:47 PM »

2 things are preventing this from ever happening: Kerry will never be President, and Dems don't cut taxes.

muckmaw · « **Reply #2 on:** March 26, 2004, 02:42:37 PM »

Its a pretty complicated issue, but basically, it is believed that if the government cuts corporate taxes, companies will use the savings to reinvest in their business, hiring more people, who will therefore have more money to spend requiring companies to produce more to meet the increase demand...(gasp) (pant) (Pant).

midnight Target · « **Reply #3 on:** March 26, 2004, 02:53:15 PM »

If the bottom line is a little deeper, companies like ours will expand the workforce and reduce overtime. It's a beginning. I'll vote for anyone who has a plan that will get Workman's Comp in line with reality.

Eagler · « **Reply #4 on:** March 26, 2004, 03:07:15 PM »

the "war hero" is just doing his regular, jumpin to the other side of an issue - taxes .. LOL

next thing he'll say is he Pro Life .. sorta .. "I was Pro Life before I was Pro Abortion" .. he gets funnier everyday

Frogm4n · « **Reply #5 on:** March 26, 2004, 03:14:09 PM »

Good policys and politics is not black and white eagler. The tax code is fairly complex, kerry will cut taxes in some areas and raise them in others. Lowering corprate taxes to be conpetitive with other countrys and lowering middle class tax cuts, while repelling the tax cuts to the people who make more then 200k a year is a good policy. I dont understand how that is a flip flop? Are you saying you can only be for tax cuts in all areas or against tax cuts in all areas? If so you are fairly narrow minded.

Of course you will never understand, because you have no idea how the world works and think it ist just black and white.

Eagler · « **Reply #6 on:** March 26, 2004, 03:15:25 PM »

Quote

Originally posted by Frogm4n
Good policys and politics is not black and white eagler. The tax code is fairly complex, kerry will cut taxes in some areas and raise them in others.

Of course you will never understand, because you have no idea how the world works and think it ist just black and white.

LOL

so do you .. get funnier everyday that is .. thx son LOL

Frogm4n · « **Reply #7 on:** March 26, 2004, 03:17:13 PM »

Quote

Originally posted by Eagler
LOL

so do you .. get funnier everyday that is .. thx son LOL

Once again a post with no substance proving your ignorance.

Eagler · « **Reply #8 on:** March 26, 2004, 03:18:37 PM »

Quote

Originally posted by Frogm4n
Once again a post with no substance proving your ignorance.

I just hope I am half as smart as you frogboy when I "grow up" LOL

midnight Target · « **Reply #9 on:** March 26, 2004, 03:19:07 PM »

"war hero"?

What kind of crap is this? If someone were to call Joe Foss or Chuck Yeager a "war hero" complete with the sarcastic quotation marks you conservatives would be up in arms. This is BS Eagler... did he serve his country or not? Was he decorated or not? His politics are beside the point.... this "war hero" **** really pisses me off!

capt. apathy · « **Reply #10 on:** March 26, 2004, 03:23:49 PM »

Quote

I'll vote for anyone who has a plan that will get Workman's Comp in line with reality.

ya, the comp system is a mess. the only solution to the problem is a safer workplace.

Frogm4n · « **Reply #11 on:** March 26, 2004, 03:25:23 PM »

Quote

Originally posted by Eagler
I just hope I am half as smart as you frogboy when I "grow up" LOL

Age does not indicate intelligence. If one does not keep an open mind throught one's life; then you are no more enlightened as when you graduated high school.

Steve · « **Reply #12 on:** March 26, 2004, 03:30:38 PM »

Quote

while repelling the tax cuts to the people who make more then 200k a year is a good policy

Why? This bracket pays 80% taxes collected already.
You want to cut taxes for people that don't pay any. How can this help the country?

Eagler · « **Reply #13 on:** March 26, 2004, 03:31:20 PM »

Quote

Originally posted by midnight Target
"war hero"?

What kind of crap is this? If someone were to call Joe Foss or Chuck Yeager a "war hero" complete with the sarcastic quotation marks you conservatives would be up in arms. This is BS Eagler... did he serve his country or not? Was he decorated or not? His politics are beside the point.... this "war hero" **** really pisses me off!

Kerry isn't fit to shine the shoes of Yeager or Foss, you saying they are the same?

kerry, little jfk, draws the "war hero" as he started his campaign with it while ignoring his anti-war antics

gofaster · « **Reply #14 on:** March 26, 2004, 03:32:47 PM »

I thought this part was interesting:

Quote

Current tax laws allow American companies to defer paying taxes on income earned by their foreign subsidiaries until they bring it back to the United States. If they keep the money abroad, they avoid paying U.S. taxes entirely.

Kerry would require companies to pay taxes on their international income as they earn it rather than being allow to defer it. The new system would apply to profits earned in future years only, not retroactively.

He also would allow companies to defer taxes when they located a business in a foreign country that serves that nation's markets. A U.S. company seeking the tax break could open a car factory in India to sell cars in India, for example, but could not relocate abroad to sell cars back to the United States or Canada.

Isn't this double-taxation? Company gets taxed in India on the income, then gets taxed again in the US on that same income. I guess that's one way to discourage moving jobs overseas - you'd end up getting taxed twice and couldn't dodge the IRS.