Posted on 09/10/2008 6:43:15 AM PDT by reaganator
I saw an Obama campaign ad claiming that President Bush had given tax breaks to American companies which encourage them to move overseas. The ad went on to claim that Senator McCain would continue this, "more of the same", called it "George Bush Economics".
Some questions immediately come to mind:
How does government at any level create "tax breaks" to encourage companies to move overseas?
Could it be that the nation(s) these companies are relocating their operations to have lower tax obligations on businesses?
At the current employment rate of 94%-95% are we really massively losing American jobs.
You have to ask yourself why would an employer knowingly break the law by hiring illegals? What in it for them?
Then ask yourself why would illegals take such risks to get here? What in it for them?
“We” are NOT creating anything. These people you are speaking of, regardless of race, are individuals responsible for their own success or failure.
Anyone of healthy body and of healthy mind that cannot, or will not provide themselves in the United States of America, the greatest nation in the history of mankind, during the greatest time of opportunity gets absolutely no pity from me. From me, they get and deserve only my contempt.
Regardless of race! Why must race be brought into any of this? Why can’t an individual be simply an American?
Could it be that the nation(s) these companies are relocating their operations to have lower tax obligations on businesses?
At the current employment rate of 94%-95% are we really massively losing American jobs."
Yes, we're losing jobs;
ask the bootmakers of Nocona, Texas where their jobs went - the Justin Boot Co. moved them to Mexico.
Ask the autoworkers at the Nissan plant in Mississippi:
their jobs went ot Mexico, as did those of the Nissan suppliers' plants in Tennessee.
Calsonic, for example.
And yes, the reason is our highest-in-the-world corporate income tax rate. But only a B. Hussein Obama would characterize this sad state of affairs as being "tax breaks to move jobs overseas."
I will NEVER succumb to the belief that peoples of races other than “white” are inferior in such a way that they require special help because they simply would not be able to “make it” any other way.
This explains their thinking. (I think)
http://www.hlpronline.com/2006/07/kvaal_01.html
By not bringing profits back into the USA, they are getting a “tax break” by not subjecting their profits to the US tax code.
Other countries by having a lower tax rate than the USA are creating an “unfair tax incentive” to move jobs overseas.
Finally, if a company gets any type of tax break of any type, depreciation, property tax credit in their domestic business, I understand the Democrats would like to punish them for taking advantage of these credits and take them away if they have moved any jobs overseas.
Anyone can feel free to point me to the program, tax law that creates a specific tax credit for exporting jobs.
The social pathologies created by the illegitimacy and drop-out rate of Blacks and Hispanics is a problem for the nation to fix. If we don't, we're going to end up with a society something like Brazil's or other Latin American nations- we'll have a sharp divide (in many cases, maintained with high walls and armed guards) between the haves and have-nots. A permanent underclass which has little or no opportunity to improve its lot in life is a powederkeg ready to blow.
Anyone of healthy body and of healthy mind that cannot, or will not provide themselves in the United States of America, the greatest nation in the history of mankind, during the greatest time of opportunity gets absolutely no pity from me. From me, they get and deserve only my contempt.
Be that as it may, societies that ignore the growth of a dead-end underclass are setting themselves up for social strife and civil unrest. Look at what France is going through with the Muslim underclass living in the Paris suburbs.
Regardless of race! Why must race be brought into any of this? Why can’t an individual be simply an American?
Because "simply being an American" involves two very different experiences to the black kid growing up in Anacaostia and the white kid growing up a few miles away in Bethesda.
Yes, we've all read about Michigan, the same way you read about a train wreck or the sinking of the Titanic:
it's clear Michigan's problems are self-inflicted.
Did you ever hear of the UAW?
Jennifer Grandholm?
But Obama claims to want to raise the taxes on these businesses. How would that encourage business to leave THEIR jobs here for the American worker?
boo hoo, anyone born in the United States is among the very few in all of history to have had such great fortune.
The worst thing you could do to people is get the government involved to “help” with social programs because of their race. Is this an admittance of racial inferiority?
The poor will always be with us.
That's nice.
B. Hussein is advocating 20%...
Anyone interested in growing our economy advocates 0%.
Corporations, btw, don't "pay" taxes: they merely pass them along to shareholders and employees, as reduced earnings, and customers, as higher prices.
As he himself has admitted, John McLame doesn't know bean-dip about economics, and he proves it almost daily.
If he believes this, he knows enough for me.
http://www.cbsnews.com/stories/2007/10/05/politics/main3333938.shtml
Campaigning in early-voting South Carolina, McCain was asked about his support for a flat tax.
“If the fair tax crossed my desk, I’d sign it. If a flat tax did, I’d sign it,” McCain said while noting criticism of the concept. “What we all agree: It has to be made simpler and fairer.”
Actually,there is a tax break for companies who engage in domestic manufacturing. However, it is only 3%; which is way less than the incentives to leave the country. Excessive regualtions are another problem.
If you want furthur proof, I invite you to read any business magazine or business group; they are full of ads touting seminars on how to relocate (in and out of country) to save taxes.
One of the most recent I read was a company who relocated from Southern California to North Carolina- saved $440,000.00 the first year !
You are entitled to your own opinion, but the facts speak for themselves. Race is brought into it because that is reality. 87% of the 1.2 million legal immigrants entering this country each year are minorities entitled to such government mandated programs as affirmative action and minority business set asides. We have the Black caucus [44 members] and the Hispanic caucus [21 members] in Congress whose numbers will continue to grow as we move forward. They are going to have more and more of an impact on our policies and laws. Get it?
Somewhere in my research I had seen something about that, but it also mentioned that this had been in place forever and blaming it on Bush was a bit misleading.
I might track it down later when I have more time.
Your beliefs are fine, but government policies say otherwise. And you can expect more of identity politics and race/ethinic based policies as the demographics of this country change rapidly.
Your thread got hi-jacked by multiple posts from ego-driven know-nothings, but the answer to your original question and subject of this thread is here: http://www.factcheck.org/askfactcheck/what_kind_of_tax_breaks_does_the.html
*note that the organization providing the answer is none other than Obama’s Annenberg Challenge sponsor...
I was being sarcastic and apparently you didn't understand the point I was trying to make."
Nor did most of us, I'd bet.
There's sometimes such a thing as being too subtle.
What point WERE you trying to make?
You are an arrogant fool. We have the highest unemployment rate in 5 years. 9.4 million Americans are unemployed. Much of it is due to the growing displacement of American workers by our immigration policies and failure to secure our borders. Depressed wages and a growing number of unskilled, uneducated Americans are contributing to a long term problem. Tax policy won't change that and may in fact, exacerbate it.
The US Chamber of Commerce has been supporting open borders and guest worker programs as well as actively corrupting such existing guest worker programs like H1B. The have filed legal challenges to immigration laws cracking down on employers who hire illegals in Oklahoma and AZ.
We can lower corporate taxes, but will American businesses hire Americans or more illegals?
See #21
Most would know the answer. There are plenty of jobs for illegals because employers are willing to take advantage of their situation in exchange for less compensation. It's a win-win for all except those laid off, those unable to find work, or those feeling the downward pressure on their wage rates.
Obama ain’t going to lower any major taxes
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