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Started By
Message
re: Sarah Palin: Trump's Carrier deal is 'crony capitalism'
Posted on 12/2/16 at 10:54 pm to JayDeerTay84
Posted on 12/2/16 at 10:54 pm to JayDeerTay84
quote:
How is a tax break a subsidy?
its not a "tax break". its a bribe.
its like paying ransom.
1
Posted on 12/2/16 at 10:56 pm to CelticDog
quote:
its like paying ransom.
what the frick?
no. it's like NOT paying a fricking ransom. the money is carriers money. the government wanted to steal too big of a cut. carrier did the smart thing and decided to leave, Trump and Pence orchestrated a temporary reprieve from theft against carrier to make them stay.
Posted on 12/2/16 at 10:56 pm to JayDeerTay84
quote:
How is a tax break a subsidy?
A tax break is a subsidy when it's a targeted tax break specific to one industry or even one company while ignoring the rest.
Posted on 12/2/16 at 11:26 pm to VOLhalla
Sarah needs to do granny porn. 
Posted on 12/3/16 at 4:51 am to Robin Masters
quote:
No shite sugar britches. That's why we have a high corporate tax rate, so politicians can sell cuts to it in exchange for favor$.
That is as true a statement as you could ever find on any message board...that is exactly why we have the highest statutory corporate tax rates and average to below average actual corporate tax rates...so politicians can sell favor, period. Another fantastic reason to eliminate corporate taxes altogether. Want to get money out of politics? Remove the biggest bargaining chip in the lobbyists arsenal....
Posted on 12/3/16 at 4:52 am to germandawg
The line is forming.
Mr Ford. What we can we give you to stay?
Mr Ford. What we can we give you to stay?
Posted on 12/3/16 at 5:06 am to Kickadawgitfeelsgood
quote:
The line is forming.
Mr Ford. What we can we give you to stay?
Whatever it takes to keep Americans working....I don't give a shite if we drive the country into complete destitution (we won't because individuals matter more than the whole).
Seriously....eliminate corporate taxes completely, tell the res of the world they are on their own and we will only protect our own interests against a DIRECT and undeniable threat to those interests AND place incredibly huge tarifs on any nations products who do not participate in true free trade. This nation will once again be the greatest on earth....it won't be without some serious threats because teenagers always throw a fit when mommy runs out the tough love but in the end they are better for it and the world will be better for it.
The only thing regretable about Trump is that he says and does shite that makes you cringe....but you know what? Anyone who lives in this country who hasn't heard some shite that pissed them off or made them cringe is in need of a dose of reality....it is much better for a person to admit the things that Trump admits instead of keeping it on the down low....everyone knows what is in the hearts or white Americans....we may not be comfortable around black people and hispanics and gay folks but we are willing to live and let live as long as we are allowed to live also...and having a job where you don't have to worry about foreclosure is all it takes to keep people from actively hating one another.....have 4% unemployment and working people making 50% more income and all of a sudden there won't be so many men in skirts wanting to piss in the ladies and it won't be such a problem for the rest of us.....financial insecurity is the root of all evil...it magnifies everything....the way to make the US Great again is to ensure the citizens of this country are financially viable...everything else will take care of itself....
Posted on 12/3/16 at 5:38 am to germandawg
quote:
This nation will once again be the greatest on earth....it won't be without some serious threats because teenagers always throw a fit when mommy runs out the tough love but in the end they are better for it and the world will be better for it.
One problem with this is, even if it did work for us and the U.S. prospered because of his moves, the next person who is elected to take his place will go right back to the way it was before.
Posted on 12/3/16 at 5:42 am to germandawg
quote:
having a job where you don't have to worry about foreclosure is all it takes to keep people from actively hating one another.....have 4% unemployment and working people making 50% more income and all of a sudden there won't be so many men in skirts wanting to piss in the ladies and it won't be such a problem for the rest of us.....financial insecurity is the root of all evil...it magnifies everything....the way to make the US Great again is to ensure the citizens of this country are financially viable...everything else will take care of itself....
Posted on 12/3/16 at 5:57 am to germandawg
quote:
if either is done by Americans it will be done to a level of perfection that will stagger the imagination of the rest of the world. There would be no excessive greed and tyrannical dictatorship in the latter and no genocide in the former when done by the US.
The delusion is strong with you!
Posted on 12/3/16 at 6:06 am to VOLhalla
quote:Apparently Palin does not understand meaning of the term "crony".
Trump's Carrier deal is 'crony capitalism'
Nor do those raising objection apparently understand that the ratio of salvaged employee wages to the $7m tax relief is nearly 1000-to-1.
Think about the kind of idiot who would proclaim that as a bad deal. Sarah Palin would be one visuals.
Posted on 12/3/16 at 6:26 am to VOLhalla
She's right,
Posted on 12/3/16 at 6:42 am to TBoy
I agree with her here.
That said.
I also know Trump isn't president yet. He can't get policy pushed through that generally addresses the problem and Carrier was already slated to leave.
It was a company he specifically has addressed in the campaign and if it was actually going to change its mind, that wasn't going to wait till the middle of next year
So. Again. Until I see policy when he's in office, I'll withhold judgement. Perhaps he simply recognized the lack of alternatives since he's not even in office yet
That said.
I also know Trump isn't president yet. He can't get policy pushed through that generally addresses the problem and Carrier was already slated to leave.
It was a company he specifically has addressed in the campaign and if it was actually going to change its mind, that wasn't going to wait till the middle of next year
So. Again. Until I see policy when he's in office, I'll withhold judgement. Perhaps he simply recognized the lack of alternatives since he's not even in office yet
Posted on 12/3/16 at 6:43 am to ShortyRob
quote:Why?
I agree with her here.
She's flat out wrong.
Posted on 12/3/16 at 6:44 am to ShortyRob
I should say, I agree with her that this isn't a POLICY that is sustainable to attack the problem.
But yes. It's also stupid to say this is costing taxpayers money. That's just not the case
But yes. It's also stupid to say this is costing taxpayers money. That's just not the case
This post was edited on 12/3/16 at 7:04 am
Posted on 12/3/16 at 6:56 am to ShortyRob
quote:In this instance, the ratio of tax relief to preserved wages is nearly 1-to-1000. In and of itself, that is certainly sustainable.
this isn't a POLICY that is sustainable to attack the problem
More to the point though, corporate tax relief is basically a passthrough tax benefit for government. In other words, profits will be taxed. The question is whether they'll be taxed at corporate or individual level.
So the choice is whether to lower corporate taxes, encourage local corporate presence, and drastically increase the individual tax base, or to run off corporations and the resultant individual tax base altogether. Seems a no-brainer to me.
This post was edited on 12/3/16 at 6:59 am
Posted on 12/3/16 at 6:59 am to ShortyRob
quote:
But yes. It's also stopped to say this is costing taxpayers money. That's just not the case
It's a net positive for the tax payer. Anyone who claims differently does know dick about economics.
Posted on 12/3/16 at 7:03 am to NC_Tigah
quote:see my next post. I should have used a better word. I simply meant sustainable terms of it not being sustainable to try and do this one company at a time. You need a more across the board policy.
In this instance, the ratio of tax relief to preserved wages is nearly 1-to-1000. In and of itself, that is certainly sustainable.
quote:Which is why I've repeatedly on this board said that there should be a zero percent rate for corporate taxes. IE. No corporate tax.
More to the point though, corporate tax relief is basically a passthrough tax benefit for government. In other words, profits will be taxed. The question is whether they'll be taxed at corporate or individual leve
Posted on 12/3/16 at 7:05 am to Vols&Shaft83
quote:As presented, it's a huge positive.
It's a net positive for the tax payer.
quote:
The "investments" are measured over 10 years.
"Total payroll" is per year.
Extrapolating to the same ten-year span used to measure Indiana's $7m investment, payroll should read $6,872,900,300, not $68,729,003. In other words, the preserved payroll in this deal exceeds Indiana's $7m investment by 981-fold.
Posted on 12/3/16 at 7:07 am to NC_Tigah
You really don't even have to do the math.
Corporate taxes are paid by their customers.
A tax cut to a corporation could only be a net loss to taxpayers if the company sold no products or provided no services in the US
Corporate taxes are paid by their customers.
A tax cut to a corporation could only be a net loss to taxpayers if the company sold no products or provided no services in the US
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