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Thread: G.E. Profit Up Despite ‘Volatile’ Economy

  1. #51
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    More regulation always tilts the scales toward large companies that have the economies of scale to comply with it, and it prevents smaller companies from catching them.

    Jeff Immelt shoud know.

  2. #52
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by winston53660 View Post
    If you have a TV or a cell phone one is paying a federal tax on their electric bill to power the things.
    If that actually deterred the non FIT payers from wanting more spending it might make sense

    it doesn't

    people who have no skin in the game shouldn't be demanding people like me pay more

    if they want me to pay more they should face tax hikes too



  3. #53
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by TurtleDude View Post
    If that actually deterred the non FIT payers from wanting more spending it might make sense

    it doesn't

    people who have no skin in the game shouldn't be demanding people like me pay more

    if they want me to pay more they should face tax hikes too
    And therein lies the biggest moral hazard our Republic has ever faced, predicted for almost two centuries that we would face it. The ability of the electorate to vote itself the largesse of the Treasury.

    Everyone needs to pay a portion of every tax where they have any income. No exemptions. As you note, all need skin in every game. It is part of the appeal of Cain's 9-9-9. It greatly reduces that number of games being played, and all get to participate in some very transparent and simple revenue schemes, such that the government cannot play hide-and-steal with the tax codes.

  4. #54
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by Eighty Deuce View Post
    And therein lies the biggest moral hazard our Republic has ever faced, predicted for almost two centuries that we would face it. The ability of the electorate to vote itself the largesse of the Treasury.

    Everyone needs to pay a portion of every tax where they have any income. No exemptions. As you note, all need skin in every game. It is part of the appeal of Cain's 9-9-9. It greatly reduces that number of games being played, and all get to participate in some very transparent and simple revenue schemes, such that the government cannot play hide-and-steal with the tax codes.
    the welfare socialists hate the thought of everyone having to pay income tax since it would really cut down on the ability of the pimps in their party winning elections by promising a couple hundred thousand slackers that their needs will be funded by raising taxes on a couple thousand highly productive tax payers



  5. #55
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by TurtleDude View Post
    the welfare socialists hate the thought of everyone having to pay income tax since it would really cut down on the ability of the pimps in their party winning elections by promising a couple hundred thousand slackers that their needs will be funded by raising taxes on a couple thousand highly productive tax payers
    I bet Dean Foods would not like your proposition. Odds are you just like millions bought milk from one of their dairys.

  6. #56
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by TurtleDude View Post
    If that actually deterred the non FIT payers from wanting more spending it might make sense
    What spending are you talking about?

    if they want me to pay more they should face tax hikes too
    They have over the past thirty or so years.

  7. #57
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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by winston53660 View Post
    I bet Dean Foods would not like your proposition. Odds are you just like millions bought milk from one of their dairys.
    nah we always bought Coors when I was a kid, and later Trauth though both are now out of business

    and its people who pay taxes corporations are just conduits



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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by winston53660 View Post
    What spending are you talking about?



    They have over the past thirty or so years.
    wrong, the bottom 95% pay less of the federal income tax burden now than at any time in the last 60 years



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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by TurtleDude View Post
    nah we always bought Coors when I was a kid, and later Trauth though both are now out of business

    and its people who pay taxes corporations are just conduits
    Coors is out of business?

    WOW those right wing nuts there at Coors have really gone nutso!

    and its people who pay taxes corporations are just conduits
    psssst corporations are people too. just ask a judge.
    Last edited by winston53660; 10-21-11 at 10:55 PM.

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    Re: G.E. Profit Up Despite ‘Volatile’ Economy

    Quote Originally Posted by winston53660 View Post
    Coors is out of business?

    WOW those right wing nuts there at Coors have really gone nutso!



    psssst corporations are people too. just ask a judge.
    Coors DAIRY IN CINCINNATI not the brewery

    people ultimately decide how a corporation spends the owners' money



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