| Posted by | Message |
HempHead 
Alabama Fan
Appalachia
Member since Mar 2011
10139 posts
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quote:
Get the corps off their stockpiles of cash
Have you considered why money velocity is so low?
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jcole4lsu 
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
21957 posts
 Online
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quote:
Get the corps off their stockpiles of cash
see above dividend chart
quote:
get more money into hands of consumers
see above dividend chart
quote:
increase tax revenues.
see above dividend chart
oh and  @ this still being a revenue problem
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TheHiddenFlask 
Clemson Fan
The Welsh red light district
Member since Jul 2008
16386 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 1:16 pm to buddhavista)
quote:
And that $$ generated by corporations is much more likely to be wasted on cozy giveaways and wasted buyback programs than they are to be transferred to shareholders.
Buyback programs are transfers to shareholders. I have come to generally like you, but you are way off base/out of your league here.
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Taxing Authority 
LSU Fan
Houston
Member since Feb 2010
16738 posts
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quote:
Get the corps off their stockpiles of cash, get more money into hands of consumers (instant stimulus), increase tax revenues.
Round 1 = Obama
More lunacy. And it contradicts your first post. Dividends are a method of distributing profits you villify in in your OP.
So all Obama "succeeded" in doing is encourage taking profits in lieu of spending money on GDP growing capital expansion. IOW corps aren't spending money on short-term nor long-term growth. They are giving the "evil" owners more money to avoid the coming tax increases.
Corpos have decided it's better to take $1 in profit today than $3 in three years because of the tax implication. Guess what... we'd get more tax revenue off of taxing the $3 at today's rate than we will taxing the $0 in profit next year with higher tax rates.
If that is "success" we are doomed to an ever declining GDP. Congrats... you voted for it.
This post was edited on 12/3 at 1:44 pm
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dewster 
Maryland Fan
TN
Member since Aug 2006
4447 posts
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After Japan made recent changes to their tax code, America's corporate tax rate is now among the world's highest.
Probably worth mentioning that.
Carry on.
This post was edited on 12/3 at 1:55 pm
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cahoots
LSU Fan
Red Stick
Member since Jan 2009
1625 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 2:02 pm to TheHiddenFlask)
c'mon i know you're a smart guy. worker pay is low because there's an increasing disconnect between the skills demanded by high paying jobs and the number of people with those skills, coupled with a high supply of lower skilled workers that drive incomes of lower level positions down. also corporate downsizing flooded the market with highly qualified individuals who took jobs below their pay grade. the domino effect of this hit the lower middle class the worst.
employees with the same skillset generally do not make significantly more money in environments outside the US.
This post was edited on 12/3 at 2:04 pm
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cahoots
LSU Fan
Red Stick
Member since Jan 2009
1625 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 2:04 pm to dewster)
again thats the marginal rate you're talking about, not the effective rate
it seems like some of you want to use the govt as a scapegoat without looking at the more prominent underlying issues. the govt sucks sometimes but their impact is being overstated here
This post was edited on 12/3 at 2:07 pm
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a want
LSU Fan
Silicone Holler
Member since Oct 2010
6942 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 2:06 pm to Patrick O Rly)
quote:
Laugh at your own stupidity. The cost ALWAYS gets passed to the consumer.
No it's not.
It's kind of like the saying "everyone knows when you lower taxes, you always generate more revenue".
Sometimes it works that way, and sometimes it doesn't.
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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
16738 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 2:06 pm to cahoots)
I'm still wondering why with four years of >8% unemployment people expect salaries to be rising.
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EthanL
LSU Fan
Harvey LA
Member since Oct 2011
2203 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 2:18 pm to cahoots)
Are we just obligated to defend corporations (if you are a Republican) because Obama is trying to 'stick it to them'?
The talking points of the GOP are idiocy, unbelievable, and selfish:
"Let's reduce the corporate tax to zero."
Makes NO sense. Record profits in a slumping economy does not compute...
"Let's extend Bush-era tax cuts for the rich."
Why? So they can create 'so-many' jobs for America?
"The deficit is out of control. My children are being robbed of their future." News flash: 15 million children in this country live in poverty. Their is no future for them economically. They suffer physical, mental, and emotional problems. It impairs their ability to learn. They will never do better than a low-wage job.
I'll say this as kindly as possible: Frick your children's future. Frick your college trusts, your stock options, your IRA's, your 2nd homes, your entire portfolio.
America is suffering; it is obscene that people are concerned only about themselves and their wealth.
You guys are a joke.
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gatorsimz 
Florida Fan
cafe risque
Member since Feb 2009
5237 posts
Online
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quote:
What conclusion are you trying to draw? You can't really draw much of a conclusion on profits unless you also look at revenue and capital expenditure numbers --which that pathetic "article" didn't do.
Of course corporations are making tons of profit. They aren't investing in capital expenditures. Spend no money means higher profits. It also means a slowing economy in the near term and long term.
this. when you're not spending money investing and expanding you tend to increase profit. big corps are going to sit back and look pretty. its funny, liberals don't understand these policies are making big banks and corporations even bigger while squeezing the small businesses. actually, they probably don't like small businesses either so they probably don't care
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StrangeBrew
LSU Fan
Salvation Army-Thanks Obama
Member since May 2009
11484 posts
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Whyare you worried about what others do with their money? You must be for larger central government.
it was tried many times already and failed pretty quickly.
This post was edited on 12/3 at 6:57 pm
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gatorsimz
Florida Fan
cafe risque
Member since Feb 2009
5237 posts
Online
| re: U.S. Corporate Profits (Posted on 12/3/12 at 2:59 pm to EthanL)
quote:
"Let's reduce the corporate tax to zero."
Makes NO sense. Record profits in a slumping economy does not compute...
i've never heard anyone say reduce their rate to zero.
quote:
"Let's extend Bush-era tax cuts for the rich."
Why? So they can create 'so-many' jobs for America?
rich people gonna rich, no matter if they're taxed at 40% or 30%. my issue is raising taxes on one group of people when it will do absolutely nothing to balance the budget or strengthen the economy.
quote:
"The deficit is out of control. My children are being robbed of their future." News flash: 15 million children in this country live in poverty. Their is no future for them economically. They suffer physical, mental, and emotional problems. It impairs their ability to learn. They will never do better than a low-wage job.
wut? this debt means the possibilty of our children paying 80-100% more in taxes than we do. and you know those kids in poverty, well once inflation kicks in because of this debt there will be 15 million more children in poverty since gas, food, electricity prices will all rise but their parent's paycheck won't.
quote:
I'll say this as kindly as possible: Frick your children's future. Frick your college trusts, your stock options, your IRA's, your 2nd homes, your entire portfolio.
frick your liberal arts degree, frick your student loans, frick your studio apartment, frick your entire chain wallet
quote:
it is obscene that people are concerned only about themselves and their wealth.
you're damn right im only concerned with my family and my wealth, it's called fricking freedom. if you don't like it you can GTFO of America
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llfshoals
Alabama Fan
Member since Nov 2010
868 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 4:48 pm to jcole4lsu)
quote:
cant figure out who is dumber, you or rocket. its a tough one.
Tiger, easy.
Unless Rocket is a barner too. I mean come one, liberal progressive + barner??
I'm surprised he can process oxygen....wait...I figured out who Tiger is.
He's Junior Rosegreen.
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HailHailtoMichigan! 
Michigan Fan
Mission Viejo, CA
Member since Mar 2012
5176 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 5:44 pm to llfshoals)
Yea, low wages have everything to do with evil corporations, right? 
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Willie Stroker
LSU Fan
Houston...ish
Member since Sep 2008
4321 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 6:19 pm to Patrick O Rly)
quote:
I bet you think your work pays half of your SS too.
And also thinks the employer (rather than the employee's labor) pays for an employee's healthcare.
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Willie Stroker
LSU Fan
Houston...ish
Member since Sep 2008
4321 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 6:22 pm to EthanL)
quote:
America is suffering; it is obscene that people are concerned only about themselves and their wealth.
You guys are a joke.
America is suffering. So why is the solution to take more money OUT of the economy and give to the political whims of politicians motivatd by the next election cycle?
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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63226 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 6:40 pm to mograyback)
quote:
How much did GE pay in taxes in 2011? Nothing.
LINK
The link you gave says nothing about 2011, dummy. 
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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63226 posts
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quote:
I'm still wondering why with four years of >8% unemployment people expect salaries to be rising.
Ironically total wages have never been higher. The dumbass Aubie's OP link contains the following statement...which he conveniently ignored:
quote:
That's despite the fact that modest hiring by employers lifted total wages to a record $6.88 trillion in the third quarter.
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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63226 posts
| re: U.S. Corporate Profits (Posted on 12/3/12 at 6:54 pm to EthanL)
quote:
15 million children in this country live in poverty. Their is no future for them economically. They suffer physical, mental, and emotional problems. It impairs their ability to learn. They will never do better than a low-wage job.
Newsflash: the poorest children in the U.S living in "poverty" have a better standard of living than half the children living outside the U.S. I've worked there and seen those children in Africa and Asia.
This post was edited on 12/3 at 7:08 pm
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