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Thread: Profits thrive in weak recovery

  1. #31
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by Gargantuan View Post
    That's not the idea. This isn't a class warfare thread. As Simon pointed out, this is about people constantly espousing the idea that cutting taxes on businesses will lead to more hiring. Obviously that is not correct.
    Well...raising taxes sure as hell isn't going to lead to more hiring.

    The constant threat of higher corporate taxes is--IMO--one of the main reasons that corporations aren't expanding.

  2. #32
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by apdst View Post
    Well...raising taxes sure as hell isn't going to lead to more hiring.

    The constant threat of higher corporate taxes is--IMO--one of the main reasons that corporations aren't expanding.
    Businesses hire, when they expand to meet a growing demand...

    So basic logic says the problem is the other side of the coin, companies aren't going to magically hire, when their consumer base can hardly afford food, electricity and gas bills, and let's not forget medical...

  3. #33
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by Jetboogieman View Post
    Businesses hire, when they expand to meet a growing demand...

    So basic logic says the problem is the other side of the coin, companies aren't going to magically hire, when their consumer base can hardly afford food, electricity and gas bills, and let's not forget medical...
    If the government would get the hell out of the way, workers could make more money. And then what? Wait for it...wait for it...people would spend more money.

  4. #34
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by apdst View Post
    If the government would get the hell out of the way, workers could make more money. And then what? Wait for it...wait for it...people would spend more money.
    Explain to me what action by the government is stopping that from occurring. If you answer Obamacare, I'll come to the conclusion you have no idea.

  5. #35
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by Gargantuan View Post
    Explain to me what action by the government is stopping that from occurring. If you answer Obamacare, I'll come to the conclusion you have no idea.
    The drilling moratorium: other industries see the government's actions toward the oil and gas industry and say, "if they can do it to them, then they can do it to us".

    Obama hardly lets a week go by without harping on tax hikes.

    The 1099 law.

    Over-regulation by the EPA.

    Attacks on the coal industry and Obama's promise to bankrupt coal fired power plants.

    Bombardment on businesses, both big and small, by the IRS.

    CSA 2010.

    Shall I keep going?

    And yes, Obamacare will make it even more costly to hire an employee.

    Ok...now...hows about you show us all the things that the government has done, to date, that will incourage private sector activity.
    Last edited by apdst; 07-06-11 at 01:10 AM.

  6. #36
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by apdst View Post
    Why are people getting such hard-ons for companies making profits? What's to be gained from not making a profit?
    Quote Originally Posted by apdst View Post
    Then, why all the boo-dayin over profitable companies of late?
    Quote Originally Posted by Simon W. Moon View Post
    I suspect the OP is saying that profits have gone up, but the trickle isn't coming down. I also suspect that the OP is trying to suggest that allowing these businesses to have their taxes lowered is not actually as helpful to the country as it is portrayed in the popular mainstream media promoting the tax breaks.
    I hope that helps explain the relevance.
    I may be wrong.

  7. #37
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by Simon W. Moon View Post
    I hope that helps explain the relevance.
    I doubt it. He is going to class warfare route in his argument and specifically ignoring the economic impact argument. I suspect he does this because he knows he will lose the latter.

  8. #38
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by megaprogman View Post
    I doubt it. He is going to class warfare route in his argument and specifically ignoring the economic impact argument. I suspect he does this because he knows he will lose the latter.
    Can you explain how raising taxes on companies is going to help anything?

  9. #39
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    Re: Profits thrive in weak recovery

    Quote Originally Posted by apdst View Post
    Can you explain how raising taxes on companies is going to help anything?
    Is that the topic of this thread? No. Do you think cutting taxes on businesses will help?

  10. #40
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    Re: Profits thrive in weak recovery


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