Republicans have a poor understanding of economics. They should have no place in making policy

Companies like Walmart and McDonalds are the ones creating the “poverty trap”. While making record profits and their CEO’s making record salaries their employees need to supplement their income with using taxpayer funded anti-poverty programs ….AFDC, child tax credits, earned income credits, Section 8, school meals, Medicaid, WIC & home energy assistance to supplement income.


And as long as folks continue to whine about the "lazy" people who don't want to work, they are doing the bidding of the wealthy who want us to keep fighting among ourselves so that they can continue to screw us all. Maybe one of them has found a way to take their wealth with them after they die. That might explain this mentality of continuing the acquisition of wealth over all else.



The GOP does not help people unless they are a corporation.
You really don't understand how businesses are run, do you? Walmart operates on a 3% profit margin; minuscule in American business, yet it's their fault people are poor.

If you dropped out of high school when you got knocked up or arrested for selling dope and have learned no marketable skills, you are worth very little in the labor market. Just about anyone can put boxes on a shelf or move items past a scanner and count out change that a cash register computes for you. Your wage is figured, not on your skills and marketability in the labor force, but on how long it will take to train your replacement.
Walmart keeps labor costs low in order to keep the price of that 60" Vizio at $898 so you unskilled, unmotivated morons can afford one.
Let's say Target decided to pay a minimum of $15/hour to all employees. Where would you buy your flat screen? There, for $1,400 or at Walmart for $900?
Walmart is successful because there is a glut of cheap labor. They did not make their employees only qualified for minimum wage jobs.

Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation
Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.


WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).
No danger of that happening with Progressives in power...
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.

Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.

IF the majority of jobs the 'job creator' CHOOSE to bring US is low wage jobs, as they have for a long time, how do we fight this? AS the 'job creators have TAKEN nearly 300% MORE of the pie than they had historically taken AND cut their tax burden on the total by 40%???

Honesty, try it. Libertarian bullshit has NEVER worked
 
You mean RECORD Corp profits and an effective rate lower than any other nation (industrialized) at 12%?


How did the US Corp taxes effect Corps PRE REAGANOMICS when they were MUCH higher?


Expert debunks claim U.S. corporate taxes are too high

The 35 percent statutory U.S. corporate tax rate is the highest in the world. But according to a paper published earlier this month by University of Southern California law professor Edward Kleinbard, many companies don't pay anywhere near that much due to the plethora of loopholes in the tax code.
Expert debunks claim U.S. corporate taxes are too high - CBS News


Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes
Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL

average_effective_federal_tax_rates.png

Perhaps we should try dropping our highest in the world corporate tax rate?



IGNORE EVERYTHING BUBBA

"Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes

Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL"

OR PERHAPS, PUSH THE GOP TO ACCEPT OBAMA'S PROPOSAL TO DROP IT AND GET RID OF LOOPHOLES AND WRITE OFFS AND USE THE EXTRA MONEY FOR REBUILDING INFRASTRUCTURE? LOL

Hint, guess who lobbies AGAINST dropping the tax rates? CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

That's awful! What is WalMart's effective rate?
What should they pay?


Can Walmart ship their stores offshore?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.
another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters
Corporate income tax is a myth. Corporations don't actually pay taxes. They pass the debit on to the consumer.
Walmart will earn 3% of their gross in profit again next year. If you double their effective tax rate, the government will receive more revenue for you to spend on dumb shit, but you will pay more for the things you need at the register.

Right ass wipe, no way can the 'job creators' accept a smaller piece of the pie, if taxes are levied on Corps (where economists say over 50% of tax burden falls on the OWNERS of the company) and the top 1/10th of 1% ALONE receive over half of ALL US dividends, we can't see more Corp tax revenue, it's unheard of right? lol
 
Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?


How about ONE honest conservative today? Anyone?
How about ONE intelligent Liberal today?



"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson
Government provides you with a free education and the tools and infrastructure needed to become a success. Government can't provide a work ethic, morality or ambition.

You want to be happy flipping burgers.... cool be happy. If you're not, it's not governments fault.
I want to be happy too. I got an education and gained skills through experience and was able to save some money and buy a small business. While I'm happy about that, I'm unhappy that so much of the taxes I pay go to support people that had the same opportunities that I did and did nothing with their lives.

This country guarantees you the right to pursue happiness, but it guarantees no outcome if you are unwilling to work at it.
 
You really don't understand how businesses are run, do you? Walmart operates on a 3% profit margin; minuscule in American business, yet it's their fault people are poor.

If you dropped out of high school when you got knocked up or arrested for selling dope and have learned no marketable skills, you are worth very little in the labor market. Just about anyone can put boxes on a shelf or move items past a scanner and count out change that a cash register computes for you. Your wage is figured, not on your skills and marketability in the labor force, but on how long it will take to train your replacement.
Walmart keeps labor costs low in order to keep the price of that 60" Vizio at $898 so you unskilled, unmotivated morons can afford one.
Let's say Target decided to pay a minimum of $15/hour to all employees. Where would you buy your flat screen? There, for $1,400 or at Walmart for $900?
Walmart is successful because there is a glut of cheap labor. They did not make their employees only qualified for minimum wage jobs.

Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation
Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.


WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).
No danger of that happening with Progressives in power...
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.

Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.

IF the majority of jobs the 'job creator' CHOOSE to bring US is low wage jobs, as they have for a long time, how do we fight this? AS the 'job creators have TAKEN nearly 300% MORE of the pie than they had historically taken AND cut their tax burden on the total by 40%???

Honesty, try it. Libertarian bullshit has NEVER worked
Again, idiot. I am not responsible for your lack of success. YOU are.

I'm done with you here. It's pointless to engage in a battle of wits with an unarmed opponent.
 
Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?


So NO, you can't point to a SINGLE policy conservatives have EVER been on the correct side of history either. Thanks anyways

Actually, I name quite a few, Dad...you ignored them.

Answered ALL 3 posts you ATTEMPTED to pass off as 'POLICY'. It's wasn't. Want to try again? lol

How is maintaining a strong military not "policy"? Perhaps you have a different definition of the word than its common usage?

Public policy consists of a system of laws, regulatory measures, courses of action, and funding priorities by a government or its representatives. Public policy decisions are often decided by a group of individuals with different beliefs and interests. The policies of the United States of America comprise all actions taken by its federal government. The executive branch is the primary entity through which policies are enacted, however the policies are derived from a collection of laws, executive decisions, and legal precedents.


The policies of the United States The Almanac of Policy Issues, which provides background information, archived documents, and links to major U.S. public policy issues, organized the public policy of the United States into nine categories. The following lists these categories followed by a few examples of specific, respective policies:

  • Criminal Justice: death penalty, drug policy, and gun control
  • Culture and Society: abortion, arts, and civil rights
  • Economic Affairs: budget and taxes
  • Education: elementary and secondary, and higher education
  • Environment: air quality and global warming
  • Government Operations: campaign finance reform and privatization
  • Health: health insurance and Medicare
  • Social Welfare: social security and welfare
  • Foreign Affairs and National Security: defense spending


Public policy of the United States - Wikipedia the free encyclopedia


AGAIN, PLEASE DEFINE WHAT POLICY THE CONS HAVE EVER BEEN ON THE CORRECT SIDE OF HISTORY? Not this low info 'i want a strong military' bullshit!!!
 
Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?


How about ONE honest conservative today? Anyone?
How about ONE intelligent Liberal today?



"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson
Government provides you with a free education and the tools and infrastructure needed to become a success. Government can't provide a work ethic, morality or ambition.

You want to be happy flipping burgers.... cool be happy. If you're not, it's not governments fault.
I want to be happy too. I got an education and gained skills through experience and was able to save some money and buy a small business. While I'm happy about that, I'm unhappy that so much of the taxes I pay go to support people that had the same opportunities that I did and did nothing with their lives.

This country guarantees you the right to pursue happiness, but it guarantees no outcome if you are unwilling to work at it.

Got it, you'll stick with the rights usual bullshit, pull your self up from the bootstraps myth. Right wingers rule of thumb, you K/K/Klowns are NEVER on the correct side of history
 
AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

You mean RECORD Corp profits and an effective rate lower than any other nation (industrialized) at 12%?


How did the US Corp taxes effect Corps PRE REAGANOMICS when they were MUCH higher?


Expert debunks claim U.S. corporate taxes are too high

The 35 percent statutory U.S. corporate tax rate is the highest in the world. But according to a paper published earlier this month by University of Southern California law professor Edward Kleinbard, many companies don't pay anywhere near that much due to the plethora of loopholes in the tax code.
Expert debunks claim U.S. corporate taxes are too high - CBS News


Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes
Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL

average_effective_federal_tax_rates.png

Perhaps we should try dropping our highest in the world corporate tax rate?



IGNORE EVERYTHING BUBBA

"Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes

Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL"

OR PERHAPS, PUSH THE GOP TO ACCEPT OBAMA'S PROPOSAL TO DROP IT AND GET RID OF LOOPHOLES AND WRITE OFFS AND USE THE EXTRA MONEY FOR REBUILDING INFRASTRUCTURE? LOL

Hint, guess who lobbies AGAINST dropping the tax rates? CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

That's awful! What is WalMart's effective rate?
What should they pay?


Can Walmart ship their stores offshore?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.
another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

Can Walmart ship their stores offshore?


They do have stores in other countries.
So what was their effective tax rate?
What should it be?


Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

If they lost $300 million in 2008, how much should they pay in 2009?
 
Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation
Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.


WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).
No danger of that happening with Progressives in power...
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.

Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.

IF the majority of jobs the 'job creator' CHOOSE to bring US is low wage jobs, as they have for a long time, how do we fight this? AS the 'job creators have TAKEN nearly 300% MORE of the pie than they had historically taken AND cut their tax burden on the total by 40%???

Honesty, try it. Libertarian bullshit has NEVER worked
Again, idiot. I am not responsible for your lack of success. YOU are.

I'm done with you here. It's pointless to engage in a battle of wits with an unarmed opponent.

Got it moron, Gov't policy in right wing world ONLY effects 'job creators' everyone else , not so much! I'm shocked there are so many of you who can actually read Bubba


Andrew Mellon had a few distinctly progressive ideas. Of particular note, he suggested taxing "earned" income from wages and salaries more lightly that "unearned" income from investments. As he argued:


The fairness of taxing more lightly income from wages, salaries or from investments is beyond question. In the first case, the income is uncertain and limited in duration; sickness or death destroys it and old age diminishes it; in the other, the source of income continues; the income may be disposed of during a man's life and it descends to his heirs.

Surely we can afford to make a distinction between the people whose only capital is their mental and physical energy and the people whose income is derived from investments. Such a distinction would mean much to millions of American workers and would be an added inspiration to the man who must provide a competence during his few productive years to care for himself and his family when his earnings capacity is at an end.



Tax History Project -- The Republican Roots of New Deal Tax Policy
 
You mean RECORD Corp profits and an effective rate lower than any other nation (industrialized) at 12%?


How did the US Corp taxes effect Corps PRE REAGANOMICS when they were MUCH higher?


Expert debunks claim U.S. corporate taxes are too high

The 35 percent statutory U.S. corporate tax rate is the highest in the world. But according to a paper published earlier this month by University of Southern California law professor Edward Kleinbard, many companies don't pay anywhere near that much due to the plethora of loopholes in the tax code.
Expert debunks claim U.S. corporate taxes are too high - CBS News


Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes
Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL

average_effective_federal_tax_rates.png

Perhaps we should try dropping our highest in the world corporate tax rate?



IGNORE EVERYTHING BUBBA

"Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes

Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL"

OR PERHAPS, PUSH THE GOP TO ACCEPT OBAMA'S PROPOSAL TO DROP IT AND GET RID OF LOOPHOLES AND WRITE OFFS AND USE THE EXTRA MONEY FOR REBUILDING INFRASTRUCTURE? LOL

Hint, guess who lobbies AGAINST dropping the tax rates? CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

That's awful! What is WalMart's effective rate?
What should they pay?


Can Walmart ship their stores offshore?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.
another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

Can Walmart ship their stores offshore?


They do have stores in other countries.
So what was their effective tax rate?
What should it be?


Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

If they lost $300 million in 2008, how much should they pay in 2009?

Got it, you can't be honest.
 
The poor soul just doesn't get it.


Reaganomics turned America from the greatest creditor nation to the greatest debtor nation over the last 30 years. Time to recognize Republican economic policy for the failure it is
 
AND EXTREMELY low tax rates for the 'job creators (IN CHINA) helped at all right

You want job creation in the US? Perhaps we should try dropping our highest in the world corporate tax rate?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

That doesn't make sense, you said we have the lowest effective tax in the world.
So which one of your claims is wrong?


So you don't understand Biz or taxes. Shocking. A Biz that CAN move offshore has MANY, MANY loopholes (the reason for the overall 12% EFFECTIVE Corp tax rate), where comps like Walmart, McD's, etc that can't, pay closer to the 35%.

Next stupid question Bubba?

where comps like Walmart, McD's, etc that can't, pay closer to the 35%.


Hmmmm.....maybe we should lower our highest in the world corporate tax rate?
 
Perhaps we should try dropping our highest in the world corporate tax rate?



IGNORE EVERYTHING BUBBA

"Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes

Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL"

OR PERHAPS, PUSH THE GOP TO ACCEPT OBAMA'S PROPOSAL TO DROP IT AND GET RID OF LOOPHOLES AND WRITE OFFS AND USE THE EXTRA MONEY FOR REBUILDING INFRASTRUCTURE? LOL

Hint, guess who lobbies AGAINST dropping the tax rates? CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

That's awful! What is WalMart's effective rate?
What should they pay?


Can Walmart ship their stores offshore?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.
another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

Can Walmart ship their stores offshore?


They do have stores in other countries.
So what was their effective tax rate?
What should it be?


Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

If they lost $300 million in 2008, how much should they pay in 2009?

Got it, you can't be honest.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

If they lost $300 million in 2008, how much should they pay in 2009?
 
Now I have to sit through one of Dad's "spam fests" where he scours liberal internet sites to back up yet another absurd claim.

Is there any "rational" liberal out there who won't admit that the US educational system has been dominated by liberals for much of the past 30 years?


So NO, you can't point to a SINGLE policy conservatives have EVER been on the correct side of history either. Thanks anyways

Actually, I name quite a few, Dad...you ignored them.

Answered ALL 3 posts you ATTEMPTED to pass off as 'POLICY'. It's wasn't. Want to try again? lol

How is maintaining a strong military not "policy"? Perhaps you have a different definition of the word than its common usage?


No Bubba, it's YOU who can't seem to be honest

POLICY:

  • "The authoritative allocation of values for a society."
  • "The process of deciding who gets what, when, where and how."
  • Or more simply, "What the government chooses to do or not to do about a specific problem."

    ThisNation.com--The Policy Process


How would supporting a strong military not be policy under your definition?
 
You really don't understand how businesses are run, do you? Walmart operates on a 3% profit margin; minuscule in American business, yet it's their fault people are poor.

If you dropped out of high school when you got knocked up or arrested for selling dope and have learned no marketable skills, you are worth very little in the labor market. Just about anyone can put boxes on a shelf or move items past a scanner and count out change that a cash register computes for you. Your wage is figured, not on your skills and marketability in the labor force, but on how long it will take to train your replacement.
Walmart keeps labor costs low in order to keep the price of that 60" Vizio at $898 so you unskilled, unmotivated morons can afford one.
Let's say Target decided to pay a minimum of $15/hour to all employees. Where would you buy your flat screen? There, for $1,400 or at Walmart for $900?
Walmart is successful because there is a glut of cheap labor. They did not make their employees only qualified for minimum wage jobs.

Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation
Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.


WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).
No danger of that happening with Progressives in power...
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.

Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.


Progressives in power? LMAOROG

Weird, the US under PROGRESSIVE policies created the worlds largest middle class. Of course under GOP's assault the past 30+ years it's shrunk by 10%.

How much has the Middle Class shrunk under the leadership of Barack Obama, Harry Reid and Nancy Pelosi?
 
Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation
Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.


WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).
No danger of that happening with Progressives in power...
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.

Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.


Progressives in power? LMAOROG

Weird, the US under PROGRESSIVE policies created the worlds largest middle class. Of course under GOP's assault the past 30+ years it's shrunk by 10%.

How much has the Middle Class shrunk under the leadership of Barack Obama, Harry Reid and Nancy Pelosi?
But that's Bushs faut!
 
15th post
Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

Perhaps we should try dropping our highest in the world corporate tax rate?

Why? No one who can move their Biz pays it anyways!

That doesn't make sense, you said we have the lowest effective tax in the world.
So which one of your claims is wrong?


So you don't understand Biz or taxes. Shocking. A Biz that CAN move offshore has MANY, MANY loopholes (the reason for the overall 12% EFFECTIVE Corp tax rate), where comps like Walmart, McD's, etc that can't, pay closer to the 35%.

Next stupid question Bubba?

where comps like Walmart, McD's, etc that can't, pay closer to the 35%.


Hmmmm.....maybe we should lower our highest in the world corporate tax rate?


OK one hit wonder, WHY? If those Corps can't move offshore AND the one who can pay a MUCH smaller (EDIT: ALL CORPS AVG 12% EFFECTIVE rate) tax burden??? lol
 
Last edited:
IGNORE EVERYTHING BUBBA

"Bernie Sanders Is Right and the Tax Foundation Is Wrong: The U.S. Has Very Low Corporate Income Taxes

Bernie Sanders Is Right and the Tax Foundation Is Wrong The U.S. Has Very Low Corporate Income Taxes CTJReports




Warren Buffett: ‘It Is A Myth’ That U.S. Corporate Taxes Are High


AND YOU ARE GOING TO ADDRESS MY ACTUAL POSIT ON TAXES FOR THE 'JOB CREATORS'? LOL"

OR PERHAPS, PUSH THE GOP TO ACCEPT OBAMA'S PROPOSAL TO DROP IT AND GET RID OF LOOPHOLES AND WRITE OFFS AND USE THE EXTRA MONEY FOR REBUILDING INFRASTRUCTURE? LOL

Hint, guess who lobbies AGAINST dropping the tax rates? CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

CORPORATIONS BENEFITING FROM PAYING AMONG THE LOWEST EFFECTIVE TAX RATES IN THE WORLD IN THE US!!!

That's awful! What is WalMart's effective rate?
What should they pay?


Can Walmart ship their stores offshore?

Corporate Taxes as a Percentage of Federal Revenue

1955 . . . 27.3%
2010 . . . 8.9%

Corporate Taxes as a Percentage of GDP

1955 . . . 4.3%
2010 . . . 1.3%

Individual Income/Payrolls as a Percentage of Federal Revenue

1955 . . . 58.0%
2010 . . . 81.5%

Corporate Profits Are At An All-Time High

'corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.'

'Last year, corporations made a record $824 billion, which didn’t stop conservatives from continually claiming that President Obama is anti-business.'
Corporate Profits Are At An All-Time High ThinkProgress

The fortunate 400

400 tax returns reporting the highest incomes in 2009.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.
another 110 families paid 15 percent or less in federal income taxes.
The fortunate 400 David Cay Johnston Reuters

Can Walmart ship their stores offshore?


They do have stores in other countries.
So what was their effective tax rate?
What should it be?


Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

If they lost $300 million in 2008, how much should they pay in 2009?

Got it, you can't be honest.

Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.

If they lost $300 million in 2008, how much should they pay in 2009?

False premises, distortions and LIES the ONLY thing right wingers EVER have., Shocking
 
So NO, you can't point to a SINGLE policy conservatives have EVER been on the correct side of history either. Thanks anyways

Actually, I name quite a few, Dad...you ignored them.

Answered ALL 3 posts you ATTEMPTED to pass off as 'POLICY'. It's wasn't. Want to try again? lol

How is maintaining a strong military not "policy"? Perhaps you have a different definition of the word than its common usage?


No Bubba, it's YOU who can't seem to be honest

POLICY:

  • "The authoritative allocation of values for a society."
  • "The process of deciding who gets what, when, where and how."
  • Or more simply, "What the government chooses to do or not to do about a specific problem."

    ThisNation.com--The Policy Process

How would supporting a strong military not be policy under your definition?

HOW did you get there? By increasing taxes? By invading nations and costing US trillions and killing hundreds of thousands? TRY to be honest ONCE
 
Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?


Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite


In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation
Sad isn't it that more and more people become worth less and less every year?

Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.


WORTH? lol

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson


"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."

- FDR - Simple Truths message to Congress (April 29, 1938).
No danger of that happening with Progressives in power...
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.

Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.


Progressives in power? LMAOROG

Weird, the US under PROGRESSIVE policies created the worlds largest middle class. Of course under GOP's assault the past 30+ years it's shrunk by 10%.

How much has the Middle Class shrunk under the leadership of Barack Obama, Harry Reid and Nancy Pelosi?

Weird you think an economy turns on a dime? PLEASE list the things that caused the middle class to 'lose' because of their policies, and PLEASE be specific?
 
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