Nonsense, towerwarlock. Let businesses contribute to this country as much as they take out. Let so-called patriots prove that they are supporting their country and not just their wallets.Research shows that during the six quarters since the recession officially ended “corporate profits captured 88% of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1% of the growth in real national income. The extraordinarily high share of national income (88%) received by corporate profits was by far the highest in the past five recoveries from national recessions.”So the cartoon is dead on. http://www.clms.neu.edu/publication/documents/Revised_Corporate_Report_May_27th.pdf
^And that is the mantra of Communism. Capitalism says you can earn as much as you like in a fair and non-monopolistic environment. Look at Microsoft: Hire as many people as it takes to develop a software product, charge as much as you like, and reap the profits. That made Bill Gates the richest man in the world, and fairly so. Why should he be required to hire people he didn’t need?
Nonsense again, hotdogger. It’s not a fair and non-monopolistic market, that’s exactly the point. When big business can get Congress to give them major tax breaks for moving operations overseas, or corporate welfare for exploring for oil in a year when they make record profits, how on Earth is that “fair and non-monopolistic?” It’s not like American workers can go to China and take a job in a factory there. And your two examples are utterly hilarious. China IS a Communist state, lest you forget, and it keeps its foot on the workers who have enabled their economic growth. And Microsoft WAS a monopoly, remember? When you own 95%+ percent of the market and you can crush competitors as a matter of course, you are a monopoly.
“Capitalism” says you make a better mouse trap, sell it at a fair price, and you make more money, AND help support the economy and society that made it possible. Feudalism says you take from everyone below your privileged class, make THEM do all the work, AND pay the taxes for you, and you live in a castle, with a moat, to keep out the “riff-raff”. Which defines today’s CEOs and corporate elite?
Paying taxes is NOT “SOCIALIST”. Sharing the wealth for the benefit of all is the way things work in a REPUBLIC, or DEMOCRACY. “Plutocracy” is NOT a democracy either. “Idiocy” is believing the folks ripping you off are “on your side”.
Everyone on here knows I’ m the last one to offer socialist solutions, but even I wouldn’t be opposed to an executive pay a ceiling of say… 40X the average worker…
¶ Taxes are so low that the plutocracy can afford to own its own party, the Teapublicans. By owning it & the rightstream media, which it has owned for years, the plutocracy got enough Teapublicans into Congress to prevent any tax hikes on the plutocracy’s wealth. Thus, Teapublicans refuse to move if it might mean an increase on a millionaire’s taxes.¶ This is also the reason that Big Business prefers raking in its own profits to hiring or improving its businesses in America. Besides, more of American business has moved overseas. All that is left here are those who enjoy the profits. Bush-Dick & the Republican Congress took great strides into turning America into a huge Bahamas.¶ If we want Big Business to hire, then we must raise the tax on the income of millionaires and drastically raise the tax on their bonuses. In addition, if you want to lower the federal debt, there is no better way than increasing taxes on millionaires.¶ Over the last fifty years, what decade had the weakest economy? the last decade. When was the highest tax rate at its lowest level? the last decade.
Tue Elung-Jensen almost 13 years ago
Can´t roll those wheelbarrows all by himself though.
Motivemagus almost 13 years ago
Nonsense, towerwarlock. Let businesses contribute to this country as much as they take out. Let so-called patriots prove that they are supporting their country and not just their wallets.Research shows that during the six quarters since the recession officially ended “corporate profits captured 88% of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1% of the growth in real national income. The extraordinarily high share of national income (88%) received by corporate profits was by far the highest in the past five recoveries from national recessions.”So the cartoon is dead on. http://www.clms.neu.edu/publication/documents/Revised_Corporate_Report_May_27th.pdf
hotdogger almost 13 years ago
^And that is the mantra of Communism. Capitalism says you can earn as much as you like in a fair and non-monopolistic environment. Look at Microsoft: Hire as many people as it takes to develop a software product, charge as much as you like, and reap the profits. That made Bill Gates the richest man in the world, and fairly so. Why should he be required to hire people he didn’t need?
Motivemagus almost 13 years ago
Nonsense again, hotdogger. It’s not a fair and non-monopolistic market, that’s exactly the point. When big business can get Congress to give them major tax breaks for moving operations overseas, or corporate welfare for exploring for oil in a year when they make record profits, how on Earth is that “fair and non-monopolistic?” It’s not like American workers can go to China and take a job in a factory there. And your two examples are utterly hilarious. China IS a Communist state, lest you forget, and it keeps its foot on the workers who have enabled their economic growth. And Microsoft WAS a monopoly, remember? When you own 95%+ percent of the market and you can crush competitors as a matter of course, you are a monopoly.
Dtroutma almost 13 years ago
“Capitalism” says you make a better mouse trap, sell it at a fair price, and you make more money, AND help support the economy and society that made it possible. Feudalism says you take from everyone below your privileged class, make THEM do all the work, AND pay the taxes for you, and you live in a castle, with a moat, to keep out the “riff-raff”. Which defines today’s CEOs and corporate elite?
Paying taxes is NOT “SOCIALIST”. Sharing the wealth for the benefit of all is the way things work in a REPUBLIC, or DEMOCRACY. “Plutocracy” is NOT a democracy either. “Idiocy” is believing the folks ripping you off are “on your side”.
pirate227 almost 13 years ago
Foreign workers are cheaper.
grayhares01 almost 13 years ago
Everyone on here knows I’ m the last one to offer socialist solutions, but even I wouldn’t be opposed to an executive pay a ceiling of say… 40X the average worker…
BrianCrook almost 13 years ago
¶ Taxes are so low that the plutocracy can afford to own its own party, the Teapublicans. By owning it & the rightstream media, which it has owned for years, the plutocracy got enough Teapublicans into Congress to prevent any tax hikes on the plutocracy’s wealth. Thus, Teapublicans refuse to move if it might mean an increase on a millionaire’s taxes.¶ This is also the reason that Big Business prefers raking in its own profits to hiring or improving its businesses in America. Besides, more of American business has moved overseas. All that is left here are those who enjoy the profits. Bush-Dick & the Republican Congress took great strides into turning America into a huge Bahamas.¶ If we want Big Business to hire, then we must raise the tax on the income of millionaires and drastically raise the tax on their bonuses. In addition, if you want to lower the federal debt, there is no better way than increasing taxes on millionaires.¶ Over the last fifty years, what decade had the weakest economy? the last decade. When was the highest tax rate at its lowest level? the last decade.
kreole almost 13 years ago
They don’t know what Washington’s tax structure is going to be…Washington won’t make up it’s mind.
kibilocomalifasa almost 13 years ago
Two words. Laissez Faire.