DrGreenFinger
Well-Known Member
If the U.S. government will allow me to grow a field full of weed, I will sell it all and use the proceeds to stimulate the economy. For real. I'm serious.
The problem is the wage disparity between US and foreign workers, not a lack of tax incentives.How to stimulate the economy ... immediately.
1. Eliminate, or at least suspend the tax on capital gains for five years.
2. Cut corporate taxes on profit from the present 35% down to 11%.
3. Eliminate the "Death Tax."
This will bring companies and jobs back into the U.S. along with the trillions of dollars sitting in off-shore accounts.
Vi
Oh yeah, I forgot my fourth point ... renegotiate all union contracts.Supply and demand, Dr. Greenfinger. Supply and demand.
The problem is the wage disparity between US and foreign workers, not a lack of tax incentives.
What, like 10-15% of jobs are union jobs? Any other bright ideas?Oh yeah, I forgot my fourth point ... renegotiate all union contracts.
Vi
In a big way.The problem is the wage disparity between US and foreign workers...
Did you read my first three points?What, like 10-15% of jobs are union jobs? Any other bright ideas?
Very little. Seriously, the wage disparity is by FAR the biggest problem. When you can pay someone in China 10% what you pay someone in the US, there's a huge incentive there no matter what the taxes are.Did you read my first three points?
Turn the outflow of money into an inflow. What's driving business out of the country besides cheaper labor costs?
Hey, you know who has more exports than either China or the US? Germany. And their economy is more regulated than ours.Lower the tax base, reduce regulations and get the government the hell out of the way.Vi
Funny how it's always a tax solution with you VI. You are a one trick pony, that's for sure. I have to agree with Dr. Pot, it's a wage differential. Now it you want the US citizens to go on a rice and bean diet, move into abandoned manufacturing plants, and live like Amazonians, hunting stray dogs and cats for meat, we could adjust our wages to meet Chinas, But who would you sell all those million dollar houses to, All those millionaire business owners that work the American workers for $2.00 a day of course, but to be on par with chinese real estate salesmen, we'd have to cut your percentage to like 1/100th of a percent, and you could reserve your floor space down on the abandoned factory floor along with the rest of us peons.How to stimulate the economy ... immediately.
1. Eliminate, or at least suspend the tax on capital gains for five years.
2. Cut corporate taxes on profit from the present 35% down to 11%.
3. Eliminate the "Death Tax."
This will bring companies and jobs back into the U.S. along with the trillions of dollars sitting in off-shore accounts.
Vi
Now why don't you tell the rest of the story about Germany, like how their factories aren't handicapped by the same wage laws ours are, and how their companies get tax exemptions on exported goods?Very little. Seriously, the wage disparity is by FAR the biggest problem. When you can pay someone in China 10% what you pay someone in the US, there's a huge incentive there no matter what the taxes are.
Hey, you know who has more exports than either China or the US? Germany. And their economy is more regulated than ours.
Obviously because I don't know very much about the German economy. I know they have universal health care, and that their pollution laws are stricter. Their corporate taxes and their version of the capital gains tax are lower, but they also have a value-added tax that we don't have.Now why don't you tell the rest of the story about Germany, like how their factories aren't handicapped by the same wage laws ours are, and how their companies get tax exemptions on exported goods?
They tried this already this summer. Obviously you can see how well it worked.The 'Real' problem is the money is being sent the wrong way. I can't believe how simple this solution is but they won't do it. Take the Bail out money and give it to the tax payers. Let them catch up there bills and buy shit for Holidays. The money would filter up to the stupid ass government people that can't figure this out.
lol, you think you have it bad, the Federal Government needs like 10 trillion dollars to pay off all its debt! The difference between you and the banks is that the infrastructure of the US economy will fall apart if the banks go under.I got a check for $300...WTF did that do? It helped me & I'm sure quite a few others survive the fuel price crisis...remember that? I mean I need like $5000 to pay off all my debt...that's not much...my great government can repeatedly spend billions to all these banks & corporations, but they can't help me or my family or countless other families across the country with a few thousand & yet they claim to care so much about their citizens...keep on buying that bullshit-they apprieciate it.