I don't doubt his integrity, I do think he speaks his mind, and he isn't owned by as many lobbyists as the rest...but that doesn't make him correct about anything, just outspoken.

Fish on...

Todd

"Anyway, Ron Paul, dedicated as he is, is just making a mountain out of a mole hill. Better he should focus his skills on how our minimally taxed corporations and super-rich, who only create jobs in third world nations instead of in the U.S., are going to get this country out of the recession via the spending cuts he supports. He oughta' tell us what that looks like, and especially why it would work."

sg


well said Salmo!

You know a corporation HAS NEVER paid a penny of tax, PERIOD. Whoever utilizes their product ( YOU & I ) pays the tax when the product is consumed or utilized. The reason corporations move over seas is cheap labor & taxes but also starting in the 50's congress has put in place tax laws that make it advantageous to move overseas.

This drum beat to tax corporations is a thing that is utilized for political reasons not economic. From my perspective streamline corporate taxes to a flat rate ( huge % ) and this counts capitol gains but let them zero it out by investment WITHIN the US in R&D, plant refurbishing, and new investment. Make it in their best interest to put people to work making something to sell and not in the government.

Both R & D administrations started the mass exodus of manufacturing by building tax and health cost into the operating cost. Over 30% of a product made in the USA is taxes of some sort. It may make you feel good that your getting the greedy robber barons but your just nailing your neighbors job. Even the French know better than to do that and hell they are experts at taxing everything possible but they depend on a VAT that is pulled back with exported products. Oh just as a side line, just who do you think owns all the stock in these corporations? IRA's ( mine is AIG Valic ) / 401k's, Mutual funds, Union Pension Plans, ( mine is Vanguard ), personal retirement. Want guess what would happen if you screw up the business profits and folks retirement take another hit?

The Gubmint is a, or "the", major stockholder in virtually all Fortune 500 companies, in the form of pension plans...

Play that one out in your mind for a bit...be imaginative.

Fish on...

Todd

P.S. And when I say "the Gubmint", I mean the Feds, the States, the Counties, and your Municipal Corporations, aka "cities".

Fish on...

Todd

Fish on...

Todd

Fish on...

Todd