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Detox.enD
VeteranXV
Old
1621 - 10-21-2013, 08:37
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Quote:
Originally Posted by -SS- View Post
Are you saying that GE with it's $14 billion couldnt have hired more employees and thus increasing / broadening the taxpayer base?

Im interested in why you say this as you dont appear to be a vacuous ****tard like others around here.

You may have never been in a hiring position, or run a business, but people don't go 'Hey, we got this money laying around from the lower tax rate, lets go hire someone!' Small business may do that when business isn't good or steady, but the rest of companies (GE) don't.

Companies hire someone when there exists an amount of money they can bring in because of that individuals work that exceeds what it would cost to employ them. The exception to that is overhead, which is a category of jobs that must be filled adequately so that the business can do its other work.

Companies benefit significantly more from a steady tax rate that eliminates unexpected future costs than they do from a tax rate that keeps going up/down. That's not from a hiring perspective, that's from an investment in the future of the company perspective. The government waffling on on how, when and by how much to raise/lower the taxes every year is worse than everyone agreeing to raise the rate and lock it in for the next 5+ years.

Tax rates 'creating jobs' is a completely ridiculous argument pushed by the GOP to support low tax rates.

(all of the above is based on the assumption they don't go crazy and double or triple the tax rate all of the sudden...)
 
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ICMeltdown
VeteranX
Old
1622 - 10-21-2013, 09:02
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Let me know when republicans show any grasp of the words "long term". It's fallen off the choices they have given their history of recent times. Both sides apparently but more a problem on the right.

They have a really hard time seeing outside that box the religious right and tea party has put them in and hand feeds them their thoughts.
 
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ICMeltdown
VeteranX
Old
1623 - 10-21-2013, 11:33
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Yay Ted and the Tea Party...

Democrats Have A Shot At Taking Back The House As Republican Popularity Continues To Drop: Poll
 
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havax
VeteranXV
Contributor
Old
1624 - 10-21-2013, 11:54
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yeah that would be just great. all democrats, spending goes through the roof, all bad legislation goes through without a fight. democrats win, americans lose again.
 
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MadHatSam
VeteranX
Old
1625 - 10-21-2013, 12:04
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Originally Posted by havax View Post
yeah that would be just great. all democrats, spending goes through the roof, all bad legislation goes through without a fight. democrats win, americans lose again.
It has gotten to the point that no matter who wins, we lose.

Neither side has anything resembling a coherent plan for anything other than ****ing more **** up. It is almost impressive how inept everyone in politics is at this point.
 
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HumDumpin
ReeeingRainbowXV
Old
1626 - 10-21-2013, 18:41
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Lol dont u laymen get it? Job creators only produce high paying low stress middle class jobs when you vote for republicans. Otherwise they will simply refuse to hire workers regardless of market conditions out of spite, in solidarity with their republican shills.
 
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Togowack
VeteranXV
Old
1627 - 10-21-2013, 18:47
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I think the republicans would be providing pretty good leadership if the population behind them knew what they wanted.
 
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coombz
VeteranXX
Old
1628 - 10-21-2013, 18:48
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Quote:
Originally Posted by havax View Post
americans lose again.
u already lost

it's over

gfg
 
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GreyGhost
VeteranXX
Old
1629 - 10-21-2013, 19:44
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shut up Togo
 
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JoMo
VeteranXV
Immigrant
Old
1630 - 10-21-2013, 19:57
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Quote:
Originally Posted by ICFire View Post
Yay Ted and the Tea Party...

Democrats Have A Shot At Taking Back The House As Republican Popularity Continues To Drop: Poll
I doubt it. It's a year until election time and people don't remember much past a week or two. It's going to come down to whatever stupid 'scandals' happen a week or two before the election like it usually does.
 
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JoMo
VeteranXV
Immigrant
Old
1631 - 10-21-2013, 19:58
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Originally Posted by ICFire View Post
They have a really hard time seeing outside that box the religious right and tea party has put them in and hand feeds them their thoughts.
lol, coming from you, this is hilarious.
 
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Walking_Man
VeteranX
Old
1632 - 10-21-2013, 20:11
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Originally Posted by JoMo View Post
I doubt it. It's a year until election time and people don't remember much past a week or two. It's going to come down to whatever stupid 'scandals' happen a week or two before the election like it usually does.
yea the only significant blowback republicans will feel from this are a handful of people losing their funding from the pro business conservative lobby groups who were using words like "taliban minority" to describe Tea Party

But the tea party has already ran its course as far as republican establishment is concerned so its no loss to them
 
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JoMo
VeteranXV
Immigrant
Old
1633 - 10-21-2013, 21:07
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Print Print Print!

Faber: Fed could up QE to $1 trillion a month - Yahoo Finance

Until China is successful of removing the $ as the preferred currency.

http://www.latimes.com/business/la-f...0,260996.story
 
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Last edited by JoMo; 10-21-2013 at 21:12..
cogzinofa
VeteranXV
Old
1634 - 10-21-2013, 21:14
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dear teletubby,

here's a book to help you get over rejection. no amount of negging will make me go to bed with you.

He***39;s Just Not That Into You: The No-Excuses Truth to Understanding Guys: Greg Behrendt, Liz Tuccillo: 9781416909774: Amazon.com: Books

kind regards,
cogzinofa
 
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cogzinofa
VeteranXV
Old
1635 - 10-21-2013, 21:16
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Quote:
Originally Posted by JoMo View Post
Print Print Print!

Faber: Fed could up QE to $1 trillion a month - Yahoo Finance

Until China is successful of removing the $ as the preferred currency.

China calls for dollar to be replaced as global reserve currency - latimes.com
I bet china could make our currency for cheaper than we make our currency.

we should be outsourcing that ****.

see, we outsource it to them, paying a fraction of what we pay now on production costs. then we just leave the money there since they're buying it anyway and we save on shipping costs.

then we take that extra money we didn't spend and we give congress a large quarterly bonus and a generous RSU grant.

and that's how the middle class comes out ahead.
 
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Captain Tele
Veteran³
Immigrant
Old
1636 - 10-21-2013, 21:29
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Quote:
Originally Posted by cogzinofa View Post
dear teletubby,

here's a book to help you get over rejection. no amount of negging will make me go to bed with you.

He's Just Not That Into You: The No-Excuses Truth to Understanding Guys: Greg Behrendt, Liz Tuccillo: 9781416909774: Amazon.com: Books

kind regards,
cogzinofa
Hey, look, another book that cogz wrote/recommends that nobody will ever in a million years read. Not even by accident, or when constipated for several straight hours.

also, more neg rep for complaining about rep.
 
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Captain Tele
Veteran³
Immigrant
Old
1637 - 10-21-2013, 21:30
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Quote:
Originally Posted by cogzinofa View Post
I bet china could make our currency for cheaper than we make our currency.

we should be outsourcing that ****.

see, we outsource it to them, paying a fraction of what we pay now on production costs. then we just leave the money there since they're buying it anyway and we save on shipping costs.

then we take that extra money we didn't spend and we give congress a large quarterly bonus and a generous RSU grant.

and that's how the middle class comes out ahead.
brilliant......you must work for the fed
 
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Walking_Man
VeteranX
Old
1638 - 10-21-2013, 21:34
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Quote:
Originally Posted by JoMo View Post
Print Print Print!

Faber: Fed could up QE to $1 trillion a month - Yahoo Finance

Until China is successful of removing the $ as the preferred currency.

China calls for dollar to be replaced as global reserve currency - latimes.com
when u play brinksmanship politics with the US economy and by extension the global economy this is the price u pay gg
 
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JoMo
VeteranXV
Immigrant
Old
1639 - 10-21-2013, 21:38
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Quote:
Originally Posted by Walking_Man View Post
when u play brinksmanship politics with the US economy and by extension the global economy this is the price u pay gg
Nothing to do with that, China has been pushing for this for years for obvious reasons.
 
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-SS-
VeteranXV
Old
1640 - 10-21-2013, 22:28
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Quote:
Originally Posted by Detox.enD View Post
You may have never been in a hiring position, or run a business, but people don't go 'Hey, we got this money laying around from the lower tax rate, lets go hire someone!' Small business may do that when business isn't good or steady, but the rest of companies (GE) don't.

Companies hire someone when there exists an amount of money they can bring in because of that individuals work that exceeds what it would cost to employ them. The exception to that is overhead, which is a category of jobs that must be filled adequately so that the business can do its other work.

Companies benefit significantly more from a steady tax rate that eliminates unexpected future costs than they do from a tax rate that keeps going up/down. That's not from a hiring perspective, that's from an investment in the future of the company perspective. The government waffling on on how, when and by how much to raise/lower the taxes every year is worse than everyone agreeing to raise the rate and lock it in for the next 5+ years.

Tax rates 'creating jobs' is a completely ridiculous argument pushed by the GOP to support low tax rates.

(all of the above is based on the assumption they don't go crazy and double or triple the tax rate all of the sudden...)


Ok, so is this your round-a-bout excuse for GE hiring overseas but not here at home?

Quote:
At the end of last year (2010), 54 percent of GE’s 287,000 employees worked outside the U.S. As recently as Dec. 31, 2005, a majority worked in the U.S., according to disclosure reports filed by the company. The portion of the company’s revenue that comes from U.S. sales fell to 47 percent in 2010 from 56 percent in 2005.
GE Joins Intel to Advise Obama as Overseas Holdings Expand - Bloomberg

But hey, I'll be generous here and glad to see you have a glimmer of understanding of why companies hire. Bonus: I'm glad you acknowledge that taxes do have an impact both the bottom line of businesses as well as people. Most lefties think higher taxes solves everything and thats about the extent of their thought process. If you have less disposable income, you do less. But then you contradict yourself by acting if it's some talking point. Who gives a **** what republicans think? This is economics, which taxes are an inherent dynamic that needs to be accounted for. Math still works whether you are a Libertarian, republican, or democrat or whatever else.

On with the show.

Anyway, businesses do hire more workers (such as the linked article above) when the demand calls for it and is profitable for them -which GE has been. Thats indisputable. Furthermore, you have to look at the many factors that are part of economic landscape... everything ranging from political stability and governmental policies to investors to cash flows to determining strategic direction to tactical implementation. An entire host of factors go in to the decision making process, but the bottom line is that if there is profit to be made, they will hire.

So tell me this, are you willing to hire more people if you know your corporate tax rates are going up from say 28% to 40% or more? This affects your bottom line and makes it more difficult to hire additional help because you have less to work with while meeting all of you other obligations. I'll be very clear here: not advocating that businesses shouldnt pay any taxes. So instead of hiring 100 workers to increase production, you can now only afford 80 due to tax increases. That's math and that's how it works.

Caveat: Taxes do not change on a yearly basis. They are usually an election issue and whoever has the power then works on determining whether or not to raise or lower taxes. Example: bush tax reductions.

If you really want to help the economy out, then you close the loopholes and simplify the tax code. That creates ideal conditions for which businesses can thrive, which in turn, hires more help, which broadens the tax base, and results in having more responsible people contributing instead of leaches who have or are becoming accustomed to a lazy lifestyle aided and abetted by a deranged ideology that promotes it.

Glad you agree that Owebomba's policies have contributed significantly to the uncertainty in our current economic morass.
 
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