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To: Will88
And corporate tax rates are actually lower than they were a few decades back, the top rate going from 52% to 35%%.

This is a key thought.

In our two-party system, The Republicans have become used to a more or less permanent minority status in the legislatures of many states, and definitely at the federal level.

The official Republican Party appears actually HAPPY with this!
It absolves them of responsibility and frees them to work for their corporate constituents. Working with the Democrats, the Republicans have absolutely acquiesced in restructuring the taxes of the 1940's and 50's, transferring them from corporations to the 'Middle Class.' At the same time, the tax structure has encouraged and actually given incentives to those corporations to move their operations offshore.

In general, the Official Republicans are happy to let the Democrats do any damn thing they want ... as long as their people arfe covered.

The Republican Party used to be able to reasonably claim it represented Main Street, not Wall Street. It has kept this claim, but has substituted Main Street economic common sense for "Family Values," an issue that allows it to hold on to safe seats in more conservative areas, while selling conservatives down the river, acting as the Democrat's pushover Loyal Opposition.

My greatest fear is that the loathing the Democrats have engendered will be harnessed by RINOs who cannot wait to get back to business as usual. They don't really want control. They want their clout back.

40 posted on 02/18/2010 7:42:39 AM PST by Kenny Bunk (Go-Go Donofrio. get us that Writ of Quo Warranto!)
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To: NVDave

Ping


43 posted on 02/18/2010 7:45:27 AM PST by Kenny Bunk (Go-Go Donofrio. get us that Writ of Quo Warranto!)
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To: Kenny Bunk
The Republican Party used to be able to reasonably claim it represented Main Street, not Wall Street

Hopefully, the Republican party has learned something during the Obamacare debate: that corporations (especially transnationals) are not politically conservative. They are mostly amoral and out strictly for their bottom line, as the drug companies flocking to cut deals with Obama showed, after the GOP had protected their profits from the Dims for many years.

Republicans really need to reassess their relationships with big corporations. The transis will abandon the GOP in the blink of an eye if it helps their bottom line.

46 posted on 02/18/2010 8:05:11 AM PST by Will88
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To: Kenny Bunk

Absolutely this is what is going on with the taxation shift from corporations to the US middle class. In the post WW2 era, 1950s and 1960s, our corporations were so world dominant. They dominated in America, we would never have allowed Japanese to come here and set up automobile factories. Our corporations were so strong they probably would have done well at 65% taxation. In a way that era was an aberration. There were always genetically hi-IQ and industrious Japanese, Germans , Korean who would eventually recover from WW2 and become industrial threats.

Plus we allowed them to steal industries from us via their protectionism in order that they get stronger thus more able to help us contain USSR and Chinese communism during the cold war


53 posted on 02/18/2010 9:03:27 AM PST by dennisw (It all comes 'round again --Fairport)
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