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Thread: G.E.ís Strategies Let It Avoid Taxes Altogether

  1. #131
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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by j-mac View Post
    What source is that?

    j-mac
    There was no other source, the trickle down never materialized to replace the tax cuts for the wealthy, that's was why trickle down economics failed.

    Here is an illustration of how trickle down theory worked during our 30 year experiment:

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  2. #132
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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by Catawba View Post
    There was no other source, the trickle down never materialized to replace the tax cuts for the wealthy, that's was why trickle down economics failed.

    Here is an illustration of how trickle down theory worked during our 30 year experiment:

    So from Reagan's era to just recently we didn't see a 20 year run of prosperity? What was that then?


    j-mac
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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by j-mac View Post
    So from Reagan's era to just recently we didn't see a 20 year run of prosperity? What was that then?


    j-mac
    That was the rich getting richer and the poor getting poorer, while the national debt grows. The trickle down went up and didn't create additional revenue to pay for themselves much less do anything to reduce our debt.

    27 Signs That The Standard Of Living For America’s Middle Class Is Dropping Like A Rock
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  4. #134
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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by The Prof View Post
    not according to the times

    the lady laments that charlie changed his mind on the very day mr samuels took a knee

    of course that was more than a year before over-his-head obama promoted the ceo to JOBS CZAR

    which was only a few months after orzsag, summers and romer all QUIT

    i wonder why practically his entire economic team QUIT
    So what have you got to say about previous years, when GE wasn't paying much if it was paying at all, during the Bush years?

    Going to ignore it like you have been? Not surprised!



    "I have been thinking that I would make a proposition to my Republican friends... that if they will stop telling lies about the Democrats, we will stop telling the truth about them."
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  5. #135
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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by mertex View Post
    So what have you got to say about previous years
    they would be part of h-i-s-t-o-r-y

    meanwhile, today:

    Former Sen. Russ Feingold (D-Wisc.) launched a petition Wednesday calling on President Barack Obama to oust General Electric CEO Jeffrey Immelt as the head of the White House’s jobs panel, if the executive doesn’t step down voluntarily.

    Feingold’s complaint stems from recent revelations that GE will pay no taxes this year, despite making more than $5 billion in the United States in 2010.

    Feingold’s PAC, which sent the email, launched earlier this year and gained traction during the labor protests in Madison, has registered the web domain, ImmeltMustGo.com

    “We cannot stand by and watch while we are led down this road. Mr. Immelt must step down from the president’s jobs panel — and if he won’t, President Obama needs to ask for his resignation,” Feingold wrote. “How can someone like Immelt be given the responsibility of heading a jobs creation task force when his company has been creating more jobs overseas while reducing its American workforce? And under Immelt’s direction, GE spends hundreds of millions of dollars hiring lawyers and lobbyists to evade taxes.”
    Russ Feingold: GE CEO Jeffrey Immelt must go - Meredith Shiner - POLITICO.com

    senator russ feingold was probably the member of the caucus most famous for his INTEGRITY

    he's also, by the way, according to insiders, the most credible of all potential primary challengers from obama's left

    why would mr feingold's POLITICAL ACTION COMMITTEE circulate such a petition?

  6. #136
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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by The Prof View Post
    they would be part of h-i-s-t-o-r-y

    meanwhile, today:
    Oh sure, whatever Bush did was okay!



    Russ Feingold: GE CEO Jeffrey Immelt must go - Meredith Shiner - POLITICO.com

    senator russ feingold was probably the member of the caucus most famous for his INTEGRITY

    he's also, by the way, according to insiders, the most credible of all potential primary challengers from obama's left

    why would mr feingold's POLITICAL ACTION COMMITTEE circulate such a petition?
    You think I care? Like I mentioned before, which you seem to ignore, Immelt has contributed more to Republicans - I wonder if Congress Republicans want him gone?



    "I have been thinking that I would make a proposition to my Republican friends... that if they will stop telling lies about the Democrats, we will stop telling the truth about them."
    --Adlai Stevenson, Politician





  7. #137
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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by mertex View Post
    I wonder if Congress Republicans want him gone?
    LOL!

    wonder away

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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by Catawba View Post
    That was the rich getting richer and the poor getting poorer, while the national debt grows. The trickle down went up and didn't create additional revenue to pay for themselves much less do anything to reduce our debt.
    Really, because during that time we saw the greatest migration of middle class to wealthy in the history of this country. We saw as near full employment for the longest stretch of time ever in this country, and let me tell ya, if you couldn't improve your lot in life from the late 80s thru the 90s, and into the early 2000s you were either asleep, or barely above intellectually able to breathe. Thank Reagan for getting that started.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by j-mac View Post
    Really, because during that time we saw the greatest migration of middle class to wealthy in the history of this country. We saw as near full employment for the longest stretch of time ever in this country, and let me tell ya, if you couldn't improve your lot in life from the late 80s thru the 90s, and into the early 2000s you were either asleep, or barely above intellectually able to breathe. Thank Reagan for getting that started.


    j-mac
    I am not sure I would necessarily attribute that to reagan, but all in all I agree. It is a ridiculious talking point to say "the poor have gotten poorer." Sure, no doubt the rich have gained more than others, this has contributed to a growing disparity between incomes, but the poor have not gotten poorer.

  10. #140
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    Re: G.E.ís Strategies Let It Avoid Taxes Altogether

    Quote Originally Posted by j-mac View Post
    Really, because during that time we saw the greatest migration of middle class to wealthy in the history of this country.
    Well I'll be. They had me thinking high income earners were hatched from demon-eggs.

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