Corporate tax cut? Excuse me Mr. Bush...

What the hell are you doing george? By: sandy2 Posted: Sunday, October 24, 2004 Message Board: Politics George Bush today announced $136 Billion in corporate tax cuts. WHAT THE HELL IS GOING ON. Fiscally responsbile? No. Ok, so we were told that the tax cuts for the upper class allow small businesses to hire people, but what are corporations doing taking my tax dollars? This is ridiculous, and I would like to hear our right-washed users response to this.

Okay this is bad but.... did you bother to ask why he did it. I did. And here's what I found out!

Link

There are much better ways to meet the EU requirments. And, to be honest, let them sanction the $4 billion of goods if it costs us $136 billion to get them to unsanction. I don't beleive that these are the real motives behind this.

Excuse me but how exactly am I taking your tax dollars, Sandy? When I get a tax cut or my business gets a tax cut that means that government is confiscating less of the money WE earned.

Do you know what we do with that extra money? We hire people? In fact, we've hired 4 more people this past month. You can thank George W. Bush for that sort of thing since our taxes have noticeable less this fiscal year than last so we have more capital to hire people.

Why do people have such a problem with tax cuts? I could understand why tax cuts would be bad when we want to slow the economy, but it's not at its prime yet. Besides, isn't our relationship with the rest of the world something tons of people care about and are saying why they dislike Bush? I'm sure being sanctioned by it won't do much for our relations. I guess Bush can't ever win.

Reply #2 By: sandy2 - 10/24/2004 7:36:06 PM There are much better ways to meet the EU requirments. And, to be honest, let them sanction the $4 billion of goods if it costs us $136 billion to get them to unsanction. I don't beleive that these are the real motives behind this.

For one thing this is but your opinion. For another can you not see the far reaching results of this? He's trying to reopen a market to sell american products which in turn would create more demand for the products which would in turn create more jobs and more tax revenue..

I've posted a number of articles on this over the past year of so. It's not much of a surprise. What is a surprise is that the US closed a tax loophole that was being used by big companies (IBM, Boeing, etc) to escape billions of dollars of taxes, only to replace it with tax give aways many times larger to an even larger group of companies. The loophole had to be closed as the EU had won a trade dispute with the US over this loophole amounting to an export subsidy.


Paul.

Excuse me but how exactly am I taking your tax dollars, Sandy? When I get a tax cut or my business gets a tax cut that means that government is confiscating less of the money WE earned. Do you know what we do with that extra money? We hire people? In fact, we've hired 4 more people this past month. You can thank George W. Bush for that sort of thing since our taxes have noticeable less this fiscal year than last so we have more capital to hire people.

Thats great!... however... It is my money because someday I am the one that is going to have to pay back the debt.. or some day we will all pay a price much greater than 4 people.. either way its bad.

Reply #7 By: sandy2 - 10/25/2004 2:06:29 PM Excuse me but how exactly am I taking your tax dollars, Sandy? When I get a tax cut or my business gets a tax cut that means that government is confiscating less of the money WE earned. Do you know what we do with that extra money? We hire people? In fact, we've hired 4 more people this past month. You can thank George W. Bush for that sort of thing since our taxes have noticeable less this fiscal year than last so we have more capital to hire people. Thats great!... however... It is my money because someday I am the one that is going to have to pay back the debt.. or some day we will all pay a price much greater than 4 people.. either way its bad.

Everybodies tax plan sucks, neither candidate is going to be able to reduce the debt in a hurry. And before you start. Kerry's plan is bad also. In the facts that he will NOT be able to garner enough money!

I have paid more taxes under Bush than Clinton. I don't mind paying my taxes. I do, however, mind them paying for bombs to drop on Iraq. Everybody who's for this war, pay up. I'd rather my cash go to education funding or any number of other social programs.

I have paid more taxes under Bush than Clinton. I don't mind paying my taxes. I do, however, mind them paying for bombs to drop on Iraq. Everybody who's for this war, pay up. I'd rather my cash go to education funding or any number of other social programs.

Can I stop paying for Abortions and Social Welfare Programs, plus could I invest the money of mine that is going to Social Security instead of it being chucked into an Abyss?

- GX

Oh, I forgot to ask, do you make more now under Bush or did you make more under Clinton?

Though never trust ANY politician who promises a tax cut like those two loons because anybody remember what Clinton and George HW Bush did?

Yes that is right they raised taxes despite their promises to do otherwise.

I made a little more under the last 2 years of Clinton than I make now.

Though some economists say if you make a tax cut deep enough you can increase tax revenue and relieve some of the financial burden on Americans at the same time.
Of course, you can raise taxes to increase tax revenue but that puts more of a burden on Americans.

So what is the best course of action?
Who can predict the future of the economy and what path works best?

- ???? ?

Moderator Draginol - 10/24/2004 7:56:32 PM Excuse me but how exactly am I taking your tax dollars, Sandy? When I get a tax cut or my business gets a tax cut that means that government is confiscating less of the money WE earned. Do you know what we do with that extra money? We hire people? In fact, we've hired 4 more people this past month. You can thank George W. Bush for that sort of thing since our taxes have noticeable less this fiscal year than last so we have more capital to hire people.

wow, 4 jobs! That's amazing. I can get a easily get a job. But only a part-time job at a mall. Plenty of those to go around. In fact I've got 2. $6 an hour, woohoo. But I've got a college degree. I go to career days at the college campuses and ask about careers in telecommunications and the response I get is that they've outsourced all their tcom jobs to India. If Bush is re-elected I'll be stuck at the mall for the rest of my life.

I will pay thousands of thousands of dollars more under Kerry than Bush, but at least I can rest at night knowing that my money is not being given to greedy corporations to be looted by the CEO's. I think we need to cut spending, yes, but I also think that we do not need to give corporate tax cuts. While you, dragionl, may have employed more people, most large corporations, who will get the bulk of this tax cut, will just pay their ceo's more or will just put it into their caughers to be looted by the executives.

wow, 4 jobs! That's amazing. I can get a easily get a job. But only a part-time job at a mall. Plenty of those to go around. In fact I've got 2. $6 an hour, woohoo. But I've got a college degree. I go to career days at the college campuses and ask about careers in telecommunications and the response I get is that they've outsourced all their tcom jobs to India. If Bush is re-elected I'll be stuck at the mall for the rest of my life.

It's Bush's fault I don't have a job either. Also his fault that I don't have a girlfriend.

Why is it that on one hand, America needs to start respecting other nations and start abiding by the same rules as them, but on the other, the same people who think America should do that think America should simply tell the EU to shove it up their ass and accept the sanctions?

Why is it that on one hand, America needs to start respecting other nations and start abiding by the same rules as them, but on the other, the same people who think America should do that think America should simply tell the EU to shove it up their ass and accept the sanctions?

Who said that?

Here:

There are much better ways to meet the EU requirments. And, to be honest, let them sanction the $4 billion of goods if it costs us $136 billion to get them to unsanction. I don't beleive that these are the real motives behind this.

We're doing something to piss off the group sanctioning us.

most large corporations, who will get the bulk of this tax cut, will just pay their ceo's more or will just put it into their caughers [sic] to be looted by the executives.

And that's because all large businesses are slimy, scum-sucking, evil entities out to destroy the fabric of society for their own benefit, I presume.

Actually, most large corporations will use this tax cut to either hire more people, fund new development efforts, or improve their profitability. And the general upshot of these activities is to increase the value of their business, as reflected in their stock price. And since over 50% of the country owns stock in one form or another (via KSOP, mutual funds, DRIPs, or straight-up brokerage-based buying and selling), that means that a large chunk of the entire populace benefits from this measure.

By the way, the tax cut had nothing to do with the EU sanctions. The EU had sanctions against the USA for tax cuts we were giving to export companies. These were repealed in this loop hole was closed in the legislation, with 140 billion in tax cuts slipping in.

Actually, most large corporations will use this tax cut to

...fund a charity, like Bill Gates, speaking of which I bet Bill made some Charity happy with the tax cut he received.

He's in my Sociology book and the caption talks about him being the richest man in history and also adds in the fact that he has donated the most money to charities, more than Soros and Teresa Un-Heinz combined.

He has given the most to charities and will go in the history books for that as well as being the richest.

PLINKO!

...fund a charity, like Bill Gates, speaking of which I bet Bill made some Charity happy with the tax cut he received. He's in my Sociology book and the caption talks about him being the richest man in history and also adds in the fact that he has donated the most money to charities, more than Soros and Teresa Un-Heinz combined. He has given the most to charities and will go in the history books for that as well as being the richest.

Charities are nice and all, but imagine all the people he'd help if instead of giving that money to charity, he'd have paid it in taxes. Bureaucrats need love too!

Charities are nice and all, but imagine all the people he'd help if instead of giving that money to charity, he'd have paid it in taxes. Bureaucrats need love too!

Though he only worth 100 Billion Dollars depending on the his stock value, though the debt is 7 TRILLION, need about 70 more Bill Gates Rich people to pay it off.

KA-CHING!

PLINKO!

...fund a charity, like Bill Gates, speaking of which I bet Bill made some Charity happy with the tax cut he received. He's in my Sociology book and the caption talks about him being the richest man in history and also adds in the fact that he has donated the most money to charities, more than Soros and Teresa Un-Heinz combined. He has given the most to charities and will go in the history books for that as well as being the richest. PLINKO!

Is this an attempt at humor? You think most of the big corporate people are like Bill Gates? I have news for you boy.