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Thread: As Corporate Profits Soar, Workers are Making Less!

  1. #111
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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by The Giant Noodle View Post
    Can you elaborate on that and share your knowledge?
    Sure. How are tax revenues doing? Are tax revenues down? Why, yes, they are. If tax revenues are down, it's because profits are down.

    It ain't rocket science.

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by CriticalThought View Post
    Let's cut to the chase. You want people here to live like they do in China, to work for the same wages, and in the same conditions, so that the private industries can increase their profits.
    And, you want all private corporations to be nationalized and everyone work for the government.

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by BDBoop View Post
    I gotta say, I'm surprised how many people still defend big business and their right to keep the lion's share of the pie. And if the workers don't like it they can - what? Move to another country? Is this just the way it's going to be? Is the American dream over? *unless of course you know how to be an internet marketer*
    Any business that doesn't keep the lion's share won't be in business very long. The business--no matter how big it is--takes the risk, pays the fees, the penalties, the taxes, does the employees's accounting for them. Of course the company should make the lion's share. Without making the lion's share of the profits, the company has no money to re-invest into the company, so it can grow and make more money and therefore put more people to work.

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by apdst View Post
    Trickle down economics won't work, as long as there is a government that is creating instability within the private sector.
    I see no real evidence it works regardless of government. You may look into the history of unions and why workers have had to organize in the first place. It wasn't because of government involvement.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by Lord Tammerlain View Post
    Accordiing to Turtledude

    The average man is not paying much in taxes and certainly is not paying their share of the federal government expenses in the US

    The average man has no excuse in that case
    That's exactly right. You're catching on.

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by Boo Radley View Post
    I see no real evidence it works regardless of government.
    Do you even understand what trickle down economics means?

    You may look into the history of unions and why workers have had to organize in the first place. It wasn't because of government involvement.
    That's because there was no government involvement. No one is advocating no government involvement. Obviously, there need to be regulations in place to protect workers and businesses, but not so much regulation that it oppresses those same businesses.

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by apdst View Post
    That's exactly right. You're catching on.
    The 'average man' isn't paying much in taxes because he isn't making very much money anymore because he no longer gets paid for his services what he was once paid.

    The average family income for the bottom 90% (adjusted for inflation) is almost identical to what it was in 1980. For the top .01%, it has risen more than 5 times.

    Work is no longer valued in this nation. That is why we tax income earned through work at a rate higher than we tax income gained by shuffling things around.

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Articles like this expose the laughability of the claim that rich people shouldn't pay more in taxes because they would then be contributing an amount disproportional to the services they get. The entire system as it currently exists seems to benefit solely the rich.
    (avatar by Thomas Nast)

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by FilmFestGuy View Post
    The 'average man' isn't paying much in taxes because he isn't making very much money anymore because he no longer gets paid for his services what he was once paid.

    The average family income for the bottom 90% (adjusted for inflation) is almost identical to what it was in 1980. For the top .01%, it has risen more than 5 times.

    Work is no longer valued in this nation. That is why we tax income earned through work at a rate higher than we tax income gained by shuffling things around.
    The, "average man", hasn't paid much in taxes since the Earned Income Credit was inacted. And, the Child Tax Credit and every other credit, break and deduction that allows folks making below 100 grand to not pay taxes.

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    Re: As Corporate Profits Soar, Workers are Making Less!

    Quote Originally Posted by Krhazy View Post
    Articles like this expose the laughability of the claim that rich people shouldn't pay more in taxes because they would then be contributing an amount disproportional to the services they get. The entire system as it currently exists seems to benefit solely the rich.

    The people who aren't, "rich", and pay no taxes don't benefit from the current system?

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