Are we looking at America's economy wrong?

Indeed.

http://www.thefiscaltimes.com/Artic...e-Dropout-Rate-Threatens-US-Growth.aspx#page1

I know you have public universities over there, which probably helps.

 

Yes, the vast majority of us are looking at everything completely wrong, but not in the sense that we need to accept global economic fascism.

Now, read this and start looking at things right and learn who to point fingers towards.

 

The ITs are also public. If standard economic theory is correct we would expect to see a lower dropout rate in the U.S. as people have to pay. I'm glad that the universities in Ireland have an average drop out rate of only 9%.

 

But...I have had several undergraduate and graduate level courses in economics...

 

Then you would know there are no corporate monsters. There are only workers, customers and investors to pay the corporate tax.

 

What you are too ignorant to admit is that the corporate tax is a tax on everyone, not some mystical boogieman.

I find it stupid for people to demand a tax on themselves, while ignorantly thinking it is on the corporate boogieman.

 

Oh, there are definitely some corporate monsters and their partners with the authority. They are the ones who seek the lowest offshore costs with their capital, which is not the basis for international free trade. They are the ones who own the mainstream media and hype up wars that are of no use to the average Americans, and cover up anything that would make the public raise an eyebrow.

It's not government vs. corporations. It is select corporations + the government versus the opposition.

 

I'm not denying that there are unethical corporate dealings and people who need to be hung, I am only stating that corporate taxes do not touch or punish the wrong doers, it only taxes the workers, customers and investors.

If one wants to punish rich board members, you have to get them through personal taxes.

 

People have no idea what to look at in America's economy. This old notion that small businesses, big businesses, wealthy people, etc, control the economy is a fallacy.

Consumer spending dictates how our economy works. Consumer spending dictates small businesses being profitable or going out of businesses, or how many people they have to hire.

Right now our economy is being held up by two things... demand from emerging markets, and the demand created from Government spending.

But there is nothing wrong with America's economy in terms of business. Businesses will succeed when people get rid of their debt, lesson the blow from their declining home values, and start managing their balance sheets with less "wealth". Focusing on producers will get you no where, when the problem is the consumer.

 

I'm still waiting for a good deal, problem is that the government is keeping prices upward.

When people have less to spend, they want lower prices. Deflation is the key to jump starting the economy, not government intrusions.

 

It's a tax on stockholders.

Don't want to pay it?

Don't invest.

I may be ignorant but if I had your level of intelligence, I would commit suicide.

 

The reason is obvious to anyone with a brain and the facts, because MOST employment does come from SMALL business owners and NOT from large corporations.

Large corporations cannot craft our policies, which are what legislators do when they want to empower themselves and convince morons to vote for them.

If you want to eliminate the corruption and special interests in Washington the only way this can happen is by throwing away the current abomination of a tax code and going to a modified flat tax and banning subsidies of any kind.

That would get us all off to a good start. Parroting the idiot talking points of the DNC and unions using equally idiot class envy arguments won’t get us there.

 

Once again we see the make believe world of the left making claims that have no basis in reality or fact.

 

Got any facts?

 

Please provide some of that research for us that back up the laughably stupid rhetoric which parrots idiot DNC talking points.

 

REALLY?

Corporate Income Tax Rates Canada
Effective January 1, 2011 the corporate income tax rate falls to 16.5% from 18% of 2010 corporate income tax rate. Yearly tax reductions will see the corporate income tax rate fall to 15% as of January 1, 2012. These corporate income tax reductions, says the Department of Finance Canada, will give Canadian corporations the lowest tax rate on new business investment in the Group of Seven (G7) by 2011 and the lowest statutory tax rate in the G7 by 2012.

The corporate tax rate will decrease as follows:

■21% before January 1, 2008
■19.5% effective January 1, 2008
■19% effective January 1, 2009
■18% effective January 1, 2010
■16.5% effective January 1, 2011
■15% effective January 1, 2012

http://www.canadabusinesstax.com/corporate-income-tax-rates/

Currently, the average combined federal and state corporate tax rate in the U.S. is 39.3 percent, second among OECD countries to Japan's combined rate of 39.5 percent.1 Lowering the federal rate to 30.5 percent would only lower the U.S.'s ranking to fifth highest among industrialized countries.

http://www.taxfoundation.org/publications/show/22917.html

Do leftists ever check FACTS before the blather this forum with their embarrasing ignorance?

 

Originally Posted by XLR8TR
Really...? You sure about that?

The top few percent on the income level pay over 50% of the nations taxes.

Maybe we should make the top 1% on the income bracket pay 99% of taxes...that would be fair right? Those evil nasty rich people should give away all their hard-earned money to poor lazy people.

Does anyone else see the fallacy in leftist thinking; here the guy claims someone is misrepresenting then parrots exactly what the other person said.

Once again, the highest earners pay the highest proportion of the taxes in this country while 50% of the other people freeload and enjoy the benefits of those who earn the highest incomes.

There is nothing inherently "fair" about a tax code that is used by political morons to empower themselves and take what is others to give it to those who would elect them.

There is nothing inherently "fair" about a tax code that is used by political morons to empower themselves by showing special treatment to one business at the detriment of another.

Class envy rhetoric is the argument of idiots and morons who claim that only Government can be trusted to do what is right by stealing from those who earn it; the irony of such idiot claims also presumes that Government can only work if THEIR “deciders” are in charge.

 

Okay, so it is 73% and not 75%. DUH!

 

It doesn't show based on the utter nonsense you share here.

 

No, if they have a college education, they have some form of secondary education.

 

You are correct to a certain degree; the consumer is KING and can bring down the biggest corporation if they do not provide goods and services the consumer wants. That is until the Government "deciders" get engaged, then all bets are off.

As I stated, the ONLY way to eliminate corruption of and influence peddling is by trashing the current tax code and having a modified flat tax and abolishing the corrupt practice of subsidies.

 

How many applications ask if you have "some form of secondary education"?

How many employers prefer someone with "some form of secondary education?"

What the poster stated was correct, 73% do not have a degree; perhaps if they want to improve their economic situations, getting off their butts and getting a degree would be the answer.

Claiming he was incorrect and then engaging in laughable semantics doesn't make a compelling argument.

 

Conglomerate. A conglomerate is a corporation whose multiple business units operate in different, often unrelated, areas.

A conglomerate is generally formed when one company expands by acquiring other firms, which it brings together under a single management umbrella. In some, but not all, cases, the formerly independent elements of the conglomerate retain their brand identities, though they are responsible to the conglomerate's management.

Some conglomerates are successful, with different parts of the whole contributing the lion's share of the profits in different phases of the economic cycle, offsetting weaker performance by other units. Other conglomerates are never able to meld the parts into a functioning whole. In those cases, the parent company may sell or spin off various divisions into new independent companies.

From the Dictionary of Financial Terms

 

Absolute foolishness.

I said that the poster was misrepresenting the facts by suggesting that the wealthy pay too much in taxes because they pay over 50% of income taxes.

I showed him the proportion of taxes paid by all income groups.

I then stated that the reason as to why the top 20% pay over 50% of taxes is that they earn over 50% of income. This shows that the rich do not pay a disproportinately large share relative to their income. If someone earns 50% of income, one expects them to pay 50% of income taxes.

 

the US has become a nation of consumers.....it seems production is put on the back burner now.....this system will backfire soon enough!