GE pays no taxes, receives tax bonuses, ships jobs overseas, and its CEO is into job creation

[barber2006]

The trend mentioned in the OP is pretty much a natural movement born out of globalization. Of course more companies are moving more of their operations to more tax friendly places. It's not because we are all of a sudden more greedy, it is because it is now possible to do whereas in the 1950's it wasn't. If we want corporations to maintain their headquarters here then we need to create the best environment for them to persuade them to do so. How do you do that while still holding them as accountable as small business owners when it comes time to paying the piper? I don't know. But you can't just tax tax tax and expect people to take it when they have the option of not paying. I guarantee you that if private citizens had the option of using a P.O. Box in Switzerland to avoid paying personal income tax, 99% of people would do it if it was legal.

[Kuya]

How do you create a better business environment than negative taxes and billion dollar profits a year?

[Kuya]

Oh i know! Abolish the minimum wage!

[Plow]

and child labor laws, and equality laws, and eventually health care and retirement issues, etc. etc.

i.e. pretty much everything positive unions have ever done

[Restrat]

I don't think you understand Kuya. Free market, tax cuts, tighten your belt.

[ZarakiKujata]

Stop hating on GE niggas, there'd be no 30 Rock or Community without it.

[Demosthenes11]

love the rage directed solely at GE and "the government"

Obama? nah, i like that guy! not his fault! he's just playin the game!

The entire system is corrupt. the businesses that promise jobs with lower tax rates, the politicians that created trickle down economics, and the president that comes into office to change things but only ends up changing his mind.
obama has set our country back several decades because of his banner of "hope and change"

[ronin sparthos]

love the rage directed solely at GE and "the government"

Obama? nah, i like that guy! not his fault! he's just playin the game!

The entire system is corrupt. the businesses that promise jobs with lower tax rates, the politicians that created trickle down economics, and the president that comes into office to change things but only ends up changing his mind.
obama has set our country back several decades because of his banner of "hope and change"

A vote for either side is just a vote for more of the same.

The corporations have more power than the govt, the system is being bought and the public pays for it. The quicker we accept our fate, the quicker something can be done about it.

We're all cheering for Egypt when we probably should be out protesting as much as they were.

[Takedown3]

yall cant have the same shit egypt had. if you have a million people in each major city revolt like that you better believe martial law be getting put in place. i doubt the millitary would back the american people if there was some attempt at revolution in the USA shit would be oversville. would love to see 340 million people revolt tho.

not sure if we will see it in our lifetimes, i suspect with the pace we are going we probably will but who can say for certain!

[SwampdonkeyPLD]

So big corp's pay more taxes and then what? It's not like you lib's support cutting spending unless it's the military.

So exactly what is accomplished if big corp's pay more in taxes?

[Demosthenes11]

So big corp's pay less taxes and then what? It's not like you neocons support cutting spending unless it affects the poor and middle class.

So exactly what is accomplished if big corp's pay less in taxes?

I can do it too

[Demosthenes11]

say it 3 times for us swamp: trickle down economics has caused 40 years of wealth inequality and a vanishing middle class. it is a lie propagated by those that profit from it.

[SwampdonkeyPLD]

I can do it too

Evidently not. Dem's want to keep spending. Right-wingers don't.

If you don't cut spending/keep it constant, and Dem's want neither, it doesn't matter what taxes are b/c we'll always take in less than we spend.

[Rhinox]

So big corp's pay more taxes and then what? It's not like you lib's support cutting spending unless it's the military.

So exactly what is accomplished if big corp's pay more in taxes?

I'd support cuts in social programs if needed after cuts in war spending and the elimination of tax loopholes an tax havens. Would also eliminate tax incentives for big companies and impose tarrifs and start investing in infrastructure and high speed rails.

[Rhinox]

Btw we've spent 550 million in Libya in a two week period.

[Rhinox]

Rhinox/Derrick Rose 2012

[Demosthenes11]

Evidently not. Dem's want to keep spending. Right-wingers don't.

If you don't cut spending/keep it constant, and Dem's want neither, it doesn't matter what taxes are b/c we'll always take in less than we spend.

ya, i have no idea why liberals would only want to cut large chunks of war spending and foreign subsidies (Israel), as well as force companies to pay what people pay and close loopholes. I have no idea why they would want to do that. It might balance the budget, but then who polices the world!?

[Kuya]

love the rage directed solely at GE and "the government"

Obama? nah, i like that guy! not his fault! he's just playin the game!

The entire system is corrupt. the businesses that promise jobs with lower tax rates, the politicians that created trickle down economics, and the president that comes into office to change things but only ends up changing his mind.
obama has set our country back several decades because of his banner of "hope and change"

That's an exaggeration and you're needlessly focusing on Obama because you and Rhinox have been very angry with him as of late. The most important thing here is lobbying and the revolving door between the private and public sector.

A vote for either side is just a vote for more of the same.

The corporations have more power than the govt, the system is being bought and the public pays for it. The quicker we accept our fate, the quicker something can be done about it.

We're all cheering for Egypt when we probably should be out protesting as much as they were.

Your post is full of useless exaggeration. Both political parties are not mirror images of eachother, and corporations do not have more power than the government.

You guys really need to quit it with the knee jerk comments.

[SwampdonkeyPLD]

ya, i have no idea why liberals would only want to cut large chunks of war spending and foreign subsidies (Israel), as well as force companies to pay what people pay and close loopholes. I have no idea why they would want to do that. It might balance the budget, but then who polices the world!?

What Dem has ever advocated freezing spending? We need to spend spend spend to stimulate the economy. And what you're bitching about is such a miniscule portion. So again, what is accomplished by big corp's paying more in taxes? A balanced budget isn't gonna happen.

[Kuya]

And don't bother refuting Swamp. His statements are absurdities and should be treated as such.