More evidence that record profits are not yielding US jobs..

2

Comments

  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    know1 wrote:

    What makes Americans more deserving of those jobs than someone born somewhere else?
    that does not make a difference. the point of this thread is that corporations have recovered, are making record profits, and are not hiring people in this country, but they are hiring in droves overseas. and they are not paying taxes here. are you fine with all of that?


    What also makes a difference is you are lumping all corporations into 1 big pot. Yet again with you generalizations when they suit you and attack others when they don't.
    i am asking you the same question.

    corporations operate in the same manner, do they not? the for profit ones do anyway.

    why are there tax laws that apply to them when they do not pay US taxes in so many situations?

    those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • know1know1 Posts: 6,794
    that does not make a difference. the point of this thread is that corporations have recovered, are making record profits, and are not hiring people in this country, but they are hiring in droves overseas. and they are not paying taxes here. are you fine with all of that?

    Short answer - yes, I'm fine with it. People are people and we all deserve jobs - not just people who happen to live in America. If it gets to the point where all the good jobs are overseas, maybe I'll move ME overseas to work at them.

    Something to ponder - Perhaps the fact they are moving jobs overseas is WHY they're more profitable.

    Question - When Toyota opens large manufacturing plants here, is it a crime that they're not in Japan anymore? (after all, I think I read that the Camry is now technically the most "American Made" car we have).
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • know1know1 Posts: 6,794
    i am asking you the same question.

    corporations operate in the same manner, do they not? the for profit ones do anyway.

    why are there tax laws that apply to them when they do not pay US taxes in so many situations?

    those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

    I agree with Cincy here....you are making generalizations to suit your point.

    Have you ever thought that maybe the tax cuts are at least keeping some of the jobs in this country which is kind of the same thing as creating jobs, but not so easy to quantify.

    Off topic, but there isn't anything wrong with tax cuts. I'm for them 100% of the time no matter who they're for.
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • cincybearcatcincybearcat Posts: 16,495
    i am asking you the same question.

    corporations operate in the same manner, do they not? the for profit ones do anyway.

    why are there tax laws that apply to them when they do not pay US taxes in so many situations?

    those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

    I honestly can't understand what you wrote, so no way I can answer it.

    "Corporations operate in the same manner" ??? You have to be kidding me. They all have the same end goal, making $ for the people that work for them and the shareholders or owners, but they hardly operate in the same manner. That is ridiculous. Some are greedy bastards, others are not.

    Why is it ok in your mind to blindly paint the evil corporations with the same brush?
    hippiemom = goodness
  • usamamasan1usamamasan1 Posts: 4,695
    Ah, the evil corporations....

    These are owned by individual shareholders right? Often times they get dividends that are taxed right?

    When they sell these shares at a gain they pay income tax or cap gains tax right?

    "corporations" pay no taxes. this moving train intellect is funny. more dumberer than ever sometimes.
  • CH156378CH156378 Posts: 1,539
    yeah more "dumberer"
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    know1 wrote:
    i am asking you the same question.

    corporations operate in the same manner, do they not? the for profit ones do anyway.

    why are there tax laws that apply to them when they do not pay US taxes in so many situations?

    those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

    I agree with Cincy here....you are making generalizations to suit your point.

    Have you ever thought that maybe the tax cuts are at least keeping some of the jobs in this country which is kind of the same thing as creating jobs, but not so easy to quantify.

    Off topic, but there isn't anything wrong with tax cuts. I'm for them 100% of the time no matter who they're for.
    dude i am sorry, but keeping jobs in this country is not the same thing as creating them, and they are not quantified in that manner. if a guy has worked at GE for 20 years, that job/position was created 20 years ago. keeping that same job here is not creating a job, it is keeping it. if that guy gets canned and they move his job overseas, that job is lost here but created elsewhere.

    i thought we were all on the same page here with wanting americans to get back to work and improve the economy. i guess i am wrong... can we at least agree that the unemployment rate is inexcusable, and that these companies moving jobs overseas it at least partly responsible for it?

    another thing, where are the jobs supposed to be created by the tax cuts for the wealthy? and where is the jobs legislation that boehner said was going to be the first thing his congress passes?
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    i am asking you the same question.

    corporations operate in the same manner, do they not? the for profit ones do anyway.

    why are there tax laws that apply to them when they do not pay US taxes in so many situations?

    those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

    I honestly can't understand what you wrote, so no way I can answer it.

    "Corporations operate in the same manner" ??? You have to be kidding me. They all have the same end goal, making $ for the people that work for them and the shareholders or owners, but they hardly operate in the same manner. That is ridiculous. Some are greedy bastards, others are not.

    Why is it ok in your mind to blindly paint the evil corporations with the same brush?
    they are all beholden to their shareholders, and they all have people in DC that insure that their way of doing business will never ever change. if they are going to profit from being in this country they should be taxed on that profit.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • cincybearcatcincybearcat Posts: 16,495
    i am asking you the same question.

    corporations operate in the same manner, do they not? the for profit ones do anyway.

    why are there tax laws that apply to them when they do not pay US taxes in so many situations?

    those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

    I honestly can't understand what you wrote, so no way I can answer it.

    "Corporations operate in the same manner" ??? You have to be kidding me. They all have the same end goal, making $ for the people that work for them and the shareholders or owners, but they hardly operate in the same manner. That is ridiculous. Some are greedy bastards, others are not.

    Why is it ok in your mind to blindly paint the evil corporations with the same brush?
    they are all beholden to their shareholders, and they all have people in DC that insure that their way of doing business will never ever change. if they are going to profit from being in this country they should be taxed on that profit.

    Fine, but when other countries make it far easier for a company to meet their goals financially and they move away, whose fault is it?

    Certainly you'd wish for a company to have a sense of country, but the reality is due to globalization, that is all but gone. So, the question should be, how do we as a country do what we can to keep companies in the US?

    I'm with you on wanting companies and jobs in the US. But I just think blaming the big bad company is short-sighted and not very productive at all.
    hippiemom = goodness
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    Stop buying foreign made goods! Yes, granted it is nearly impossible but most items can be found made here.

    In the meantime people that buy crap from Walmart are keeping companies outsourcing.

    Yes, these companies are raking it in, but if nobody buys their product then they will cease to exist. The consumer has the power to make change.

    If you are shopping for a washer and dryer walk away if it isn't made in USA, otherwise don't complain.
  • know1 wrote:
    Have you ever thought that maybe the tax cuts are at least keeping some of the jobs in this country which is kind of the same thing as creating jobs, but not so easy to quantify.

    You're wrong.

    Very wrong.

    It's very easy to quantify and that's not what's happening at all.

    Tax cuts are not helping. They never have and they never will.
  • Ah, the evil corporations....

    These are owned by individual shareholders right? Often times they get dividends that are taxed right?

    When they sell these shares at a gain they pay income tax or cap gains tax right?

    "corporations" pay no taxes. this moving train intellect is funny. more dumberer than ever sometimes.

    It wouldn't be if you'd stop posting.

    Just sayin'.
  • usamamasan1usamamasan1 Posts: 4,695
    know1 wrote:
    Have you ever thought that maybe the tax cuts are at least keeping some of the jobs in this country which is kind of the same thing as creating jobs, but not so easy to quantify.

    You're wrong.

    Very wrong.

    It's very easy to quantify and that's not what's happening at all.

    Tax cuts are not helping. They never have and they never will.

    A monkey would understand that the prospect of higher taxes in the future is factored into today's decisions.
    Most monkeys...
    I wish the moving train was a peer group but I get the feeling that the bar is pretty low around here.
    I guess, to be fair, I knew that from the beginning.
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    know1 wrote:
    Have you ever thought that maybe the tax cuts are at least keeping some of the jobs in this country which is kind of the same thing as creating jobs, but not so easy to quantify.

    You're wrong.

    Very wrong.

    It's very easy to quantify and that's not what's happening at all.

    Tax cuts are not helping. They never have and they never will.

    A monkey would understand that the prospect of higher taxes in the future is factored into today's decisions.
    Most monkeys...
    I wish the moving train was a peer group but I get the feeling that the bar is pretty low around here.
    I guess, to be fair, I knew that from the beginning.
    then why post here if we are so inferior to your amazingly awesome intellect?

    and are you saying the the prospect of the bush tax cuts expiring and the possibility of corporate tax loopholes closing has had these businesses worried for the last 5 years??? that they have been so fearful of that, even when bush was in office and everyone knew he was not going to let those cuts expire?
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • usamamasan1usamamasan1 Posts: 4,695
    Gee wiz, maybe we should ask the speaker of the house where the jobs are?
  • cincybearcatcincybearcat Posts: 16,495
    know1 wrote:
    Have you ever thought that maybe the tax cuts are at least keeping some of the jobs in this country which is kind of the same thing as creating jobs, but not so easy to quantify.

    You're wrong.

    Very wrong.

    It's very easy to quantify and that's not what's happening at all.

    Tax cuts are not helping. They never have and they never will.

    I'm sorry, I know a specific example where you are very wrong. A country's tax structure has a lot to do with where future business is based (ie products are made).
    hippiemom = goodness
  • cincybearcatcincybearcat Posts: 16,495

    You're wrong.

    Very wrong.

    It's very easy to quantify and that's not what's happening at all.

    Tax cuts are not helping. They never have and they never will.

    A monkey would understand that the prospect of higher taxes in the future is factored into today's decisions.
    Most monkeys...
    I wish the moving train was a peer group but I get the feeling that the bar is pretty low around here.
    I guess, to be fair, I knew that from the beginning.
    then why post here if we are so inferior to your amazingly awesome intellect?

    and are you saying the the prospect of the bush tax cuts expiring and the possibility of corporate tax loopholes closing has had these businesses worried for the last 5 years??? that they have been so fearful of that, even when bush was in office and everyone knew he was not going to let those cuts expire?

    Well, not going to touch the first part...but, do you really think companies don't think ahead 5 years? Seriously? You know how long it takes to build a plant? Or even add capacity to an existing plant?
    hippiemom = goodness
  • A monkey would understand that the prospect of higher taxes in the future is factored into today's decisions.
    Most monkeys...
    I wish the moving train was a peer group but I get the feeling that the bar is pretty low around here.
    I guess, to be fair, I knew that from the beginning.

    So your whole deal is to say dumb-ass shit, be a twit and act like you think you're smart in an effort to troll?

    Wow. That's the best hobby you could come up with, eh?

  • Well, not going to touch the first part...but, do you really think companies don't think ahead 5 years? Seriously? You know how long it takes to build a plant? Or even add capacity to an existing plant?

    Well maybe you can explain why, when taxes were higher, we were in much better shape?

    Maybe you can explain why it's NEVER worked to give tax cuts to ultra-rich people if you expect them to spend more when they always just sock it away for themselves? Always?

    In case you're actually serious... Those "plants" were already built... The jobs already existed... And the corporations took their bail-outs, closed down the plants, shipped all the jobs over-seas and hired lobbyists with the rest of their bailout checks.
  • mikepegg44mikepegg44 Posts: 3,353

    Well, not going to touch the first part...but, do you really think companies don't think ahead 5 years? Seriously? You know how long it takes to build a plant? Or even add capacity to an existing plant?

    Well maybe you can explain why, when taxes were higher, we were in much better shape?

    Maybe you can explain why it's NEVER worked to give tax cuts to ultra-rich people if you expect them to spend more when they always just sock it away for themselves? Always?

    In case you're actually serious... Those "plants" were already built... The jobs already existed... And the corporations took their bail-outs, closed down the plants, shipped all the jobs over-seas and hired lobbyists with the rest of their bailout checks.


    so maybe they shouldn't have been bailed out. Can you point to a business that took bailout payments and closed plants and moved them and hired lobbyists with the rest of their checks...because I would like to stop supporting those businesses and would love to know who they are (not being a smart ass)

    What did taxes have to do with the housing bubble being artificially inflated by the US government leading to a giant crash in the country and the credit markets? add that to two wars and you have a recipe for disaster... That has nothing to do with income tax cuts for all americans and everything to do with incompetent red and blue leadership...
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • inmytreeinmytree Posts: 4,741
    i am asking you the same question.

    corporations operate in the same manner, do they not? the for profit ones do anyway.

    why are there tax laws that apply to them when they do not pay US taxes in so many situations?

    those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

    I honestly can't understand what you wrote, so no way I can answer it.

    "Corporations operate in the same manner" ??? You have to be kidding me. They all have the same end goal, making $ for the people that work for them and the shareholders or owners, but they hardly operate in the same manner. That is ridiculous. Some are greedy bastards, others are not.

    Why is it ok in your mind to blindly paint the evil corporations with the same brush?

    good point, all corporations are perfect and they love everyone and everything....we must not speak badly of corporations...say it with me...we must not speak badly of corporations....

    (cue the release of the doves and turn on the bubble machines...3, 2, 1....)
  • cincybearcatcincybearcat Posts: 16,495
    inmytree wrote:
    i am asking you the same question.

    corporations operate in the same manner, do they not? the for profit ones do anyway.

    why are there tax laws that apply to them when they do not pay US taxes in so many situations?

    those tax cuts are not creating jobs here, and isn't that one of the main reasons that they have the cuts to begin with?

    I honestly can't understand what you wrote, so no way I can answer it.

    "Corporations operate in the same manner" ??? You have to be kidding me. They all have the same end goal, making $ for the people that work for them and the shareholders or owners, but they hardly operate in the same manner. That is ridiculous. Some are greedy bastards, others are not.

    Why is it ok in your mind to blindly paint the evil corporations with the same brush?

    good point, all corporations are perfect and they love everyone and everything....we must not speak badly of corporations...say it with me...we must not speak badly of corporations....

    (cue the release of the doves and turn on the bubble machines...3, 2, 1....)

    Yep, cause that is exactly what I was saying. :roll:

    If all corporations left the face of the earth, we'd all be worse off though. So go ahead and hate the Evil Empires you've created in your minds if it makes you feel better about it. What type of computer are you typing on? Who provides your internet service? And no, "my parents" isn't the right answer. ;)
    hippiemom = goodness
  • mikepegg44mikepegg44 Posts: 3,353
    A monkey would understand that the prospect of higher taxes in the future is factored into today's decisions.
    Most monkeys...
    I wish the moving train was a peer group but I get the feeling that the bar is pretty low around here.
    I guess, to be fair, I knew that from the beginning.

    So your whole deal is to say dumb-ass shit, be a twit and act like you think you're smart in an effort to troll?

    Wow. That's the best hobby you could come up with, eh?


    I always wondered why people responded to it :lol:
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • inmytreeinmytree Posts: 4,741

    Yep, cause that is exactly what I was saying. :roll:

    If all corporations left the face of the earth, we'd all be worse off though. So go ahead and hate the Evil Empires you've created in your minds if it makes you feel better about it. What type of computer are you typing on? Who provides your internet service? And no, "my parents" isn't the right answer. ;)

    :lol::lol:


    you do seem to have some big love for those happy-go-lucky corporations...I'm not saying those lovely non-beings should disappear, I'm saying there tax breaks and welfare they receive should go away...

    I know, that's just crazy talk...
  • mikepegg44 wrote:

    Well, not going to touch the first part...but, do you really think companies don't think ahead 5 years? Seriously? You know how long it takes to build a plant? Or even add capacity to an existing plant?

    Well maybe you can explain why, when taxes were higher, we were in much better shape?

    Maybe you can explain why it's NEVER worked to give tax cuts to ultra-rich people if you expect them to spend more when they always just sock it away for themselves? Always?

    In case you're actually serious... Those "plants" were already built... The jobs already existed... And the corporations took their bail-outs, closed down the plants, shipped all the jobs over-seas and hired lobbyists with the rest of their bailout checks.


    so maybe they shouldn't have been bailed out. Can you point to a business that took bailout payments and closed plants and moved them and hired lobbyists with the rest of their checks...because I would like to stop supporting those businesses and would love to know who they are (not being a smart ass)

    What did taxes have to do with the housing bubble being artificially inflated by the US government leading to a giant crash in the country and the credit markets? add that to two wars and you have a recipe for disaster... That has nothing to do with income tax cuts for all americans and everything to do with incompetent red and blue leadership...

    What you are saying is pretty much it. Simply raising taxes on corporations only succeeds in band-aiding the problem. The harsh reality is that by raising the taxes, whether any of the people here like it or not, the very real reaction of the corporations is to move their operations elsewhere. It is simply good business sense to attempt to keep your costs low. So we solve this by raising the taxes some more? Solving the problem by doing more of what is causing the problem doesn't seem like effective problem solving to me.

    The good times under Clinton did not occur because of the higher tax rates, it was because of the artificial .com bubble and housing bubble. The economy was booming so many people were able to get jobs that appeared to be real growth when, in fact, they were false growth. The party eventually ended and we are now experience a severe hangover from our overzealous ways; essentially, the economy is paying for that now.

    If people really wanted to fix the loss of jobs on American soil they would look at lowering the corporate tax rate, cut government, and equally as important: do away with corporate/government cronyism. Government regulation is usually a barrier for new entrants into specific sectors so no one can really ever start up and compete on a level playing field with the corporations; they are too protected from having lawsuits held against them but also well endowed with assets to go after smaller upstarts if they even so much as think about infringing on "their" market. The already established corporations will adapt or move elsewhere while anyone even thinking of starting up a business plan will have a huge hurdle to leap before before they can even begin to compete.

    Somebody already pointed out that Americans are suffering from losing these jobs, but other countries that are more business friendly are benefitting. If America were to once again become more business friendly it to would begin to benefit once again. If America was truly a competitive jobs market most of these jobs would not be going elsewhere.
  • cincybearcatcincybearcat Posts: 16,495
    inmytree wrote:

    Yep, cause that is exactly what I was saying. :roll:

    If all corporations left the face of the earth, we'd all be worse off though. So go ahead and hate the Evil Empires you've created in your minds if it makes you feel better about it. What type of computer are you typing on? Who provides your internet service? And no, "my parents" isn't the right answer. ;)

    :lol::lol:


    you do seem to have some big love for those happy-go-lucky corporations...I'm not saying those lovely non-beings should disappear, I'm saying there tax breaks and welfare they receive should go away...

    I know, that's just crazy talk...

    Here is a nice little article...

    http://www.forbes.com/2011/04/13/ge-exx ... taxes.html
    hippiemom = goodness
  • Yeah.

    Forbes.

    Owned by one of the most self-serving, greedy multi-billionaires of the last few hundred million years.

    There's a good source of unbiased information about how corporations are 100% and 0% bad.

    In related news, Fox News reports that Rupert Murdoch is like so totally not guilty and knew like... nothing about that phone hacking they did over in the UK... he doesn't even know what a phone is... or something.
  • usamamasan1usamamasan1 Posts: 4,695
    Money is not important, until you run out of it.

    Woot!
  • inmytreeinmytree Posts: 4,741
    inmytree wrote:

    Yep, cause that is exactly what I was saying. :roll:

    If all corporations left the face of the earth, we'd all be worse off though. So go ahead and hate the Evil Empires you've created in your minds if it makes you feel better about it. What type of computer are you typing on? Who provides your internet service? And no, "my parents" isn't the right answer. ;)

    :lol::lol:


    you do seem to have some big love for those happy-go-lucky corporations...I'm not saying those lovely non-beings should disappear, I'm saying there tax breaks and welfare they receive should go away...

    I know, that's just crazy talk...

    Here is a nice little article...

    http://www.forbes.com/2011/04/13/ge-exx ... taxes.html

    this almost brought a tear to me eye...

    almost...
  • cincybearcatcincybearcat Posts: 16,495
    inmytree wrote:

    this almost brought a tear to me eye...

    almost...

    You are driving me crazy...

    almost...

    Keep on blaming the evil boogieman if it makes you feel better. Or stop supporting the evil corporations. Of course, then you won't have any $...won't be able to get back online to talk to us about how it's going...won't have a phone to call anyone...what will you have?
    hippiemom = goodness
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