come again?Regardles sof whether they paid no taxes, some taxes, or just less taxes, they still, according to your link, ". . . for decades has been an aggressive tax-minimizer, and could have averted this mess by explaining things simply and clearly to the Times and us and others. It either couldn't or wouldn't do so."
they do?To often people try to side track by saying they aren't as bad as first noted.
LOL!I think that is all that is being said, no matter how inarticlualtely.
Furthermore, they needlessly complicate the tax code and greatly increase compliance costs. If we're going to have any deductions in the tax code, they should be used VERY sparingly. About the only ones I'd allow would be charitable deductions and the Earned Income Tax Credit.
Last edited by Kandahar; 08-02-11 at 10:33 AM.
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I can't. This is important.
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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.
I support this 100% of the way. How could one not support it?
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No vote, yet..
I read "all the right words".....not good.
I see no opposition from our radical-right, as least not yet. If the tea baggers are against this, then it might be good.
I do feel that one of the problems is that our wealthy are under taxed; but then reform must truly occur before this can be addressed.
A balanced budget, is, IMO, not necessary.
What is necessary is elimination of all waste.
I think it's ok. I have to disagree with the business plans, though. The good part about the defense plan is that we can stay on the sidelines in Afghanistan.
There are some things I would change, but on the whole I think this says what needs to be said. We can't keep fixing our public woes with duct tape, and everyone needs to do their part, not just the lower and middle classes. I would add vocational training to the education list and try to create a centralized job placement system. People want to work, and need to work. We should do whatever we can get them the training they need, and then get them into a job. The system we have now with finding ads and help wanted lists, resumes, and interviews... It's an awful system. We need something much more comprehensive, and much more centralized. We need to get people to the jobs.
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Actually, they do serve a purpose. Without them, there's no way that a business could stay alive. Allow me to post the example that I posted for Boo.
The first step would be to learn the difference between a deduction and a credit.Furthermore, they needlessly complicate the tax code and greatly increase compliance costs. If we're going to have any deductions in the tax code, they should be used VERY sparingly. About the only ones I'd allow would be charitable deductions and the Earned Income Tax Credit.
It will never cease to amaze me how people, who claim to be so much smarter, more educated and more sophisticated than the rest of us can't understand the purpose of deducting the cost of doing business.
You do realize that you wouldn't have your high-speed 6 figure job, if not for those deductions. Yes?