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Mosley
Joined: 15 Jan 2003
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 Posted: Thu Jun 28, 2007 3:35 am Post subject: Corporate Evil Has the U.S. Gov. by the Short Ones.... |
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Riiiight. That's why "socialist" Canada has a lower corporate tax rate than the U.S. Better to make the proles pay through the nose for their "free" health care.
Yep. The evil U.S. corporations are saddled w/the highest tax rate amongst the industrialized world, save for Japan. So much for conspiracy theories of how the American corporate world "pays no taxes".
http://finance.sympatico.msn.ca/taxes/insight/article.aspx?cp-documentid=5061116 |
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newteacher
Joined: 31 May 2007
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| Posted: Thu Jun 28, 2007 4:30 am Post subject: |
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| I think the real problem with American corporations is the distribution of their profits, not the amount of taxes they're paying. When you consider that the CEO's of most of the large corporations make more money in one day then the average employee makes in a year you have a problem. They're destroying the American middle class by slowly shifting most operations overseas, paying as little as they possibly can to the workers in the States, and keeping the majority of the profits for themselves. I've had enough of the CEO's making hundreds of millions of dollars a year when the average worker is making around 40-70k. It's disgusting. |
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ddeubel
Joined: 20 Jul 2005
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| Posted: Thu Jun 28, 2007 4:52 am Post subject: |
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I think profit wise....corporate America is doing a okay.
I think a very worrisome problem and may I say, insidious problem, is the relationship and closeness of corporate America and government. Government is now basically a training camp for corporate management and the revolving door keeps revolving.
This close relationship leads to billions of wasted dollars, without insight, given and put in the lap of corporations to waste. Everything from uncontested tendering, earmarking and more. This in itself is another revolving door -- what corporate America pays to government, it gets back.....
I've written a lot about it here and won't repeat myself. But there was even an article today once more outlining this. SAIC gets its mention, the biggest culprit/criminal and yes, its board is just a roster of former senior officials come home to roost.....
http://www.iht.com/articles/2007/06/27/opinion/edkeefe.php
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Rent-a-spy
By Patrick Radden Keefe Published: June 27, 2007
Shortly after 9/11, Senator Bob Graham, the chairman of the Senate Intelligence Committee, called for "a symbiotic relationship between the intelligence community and the private sector." They say you should be careful what you wish for. |
DD |
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postfundie
Joined: 28 May 2004
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| Posted: Thu Jun 28, 2007 5:55 am Post subject: |
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This close relationship leads to billions of wasted dollars, without insight, given and put in the lap of corporations to waste. Everything from uncontested tendering, earmarking and more. This in itself is another revolving door -- what corporate America pays to government, it gets back.....
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You are referring to what's called the "Wallstreet-Treasury Complex" and it has its downsides to be sure. On the other hand if you don't get people moving between government and business you tend to get a lot of clueless government people who make idiot, uniformed rules for business to follow. Korea seems to have this problem especially when it comes to the securities market.
I guess DD since you have so much experience working in Corporate America (and since here the kids you help give you inside details into corporations) you are free to make such nice generalizations about all of 'Corporate America'... |
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ddeubel
Joined: 20 Jul 2005
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| Posted: Thu Jun 28, 2007 6:40 am Post subject: |
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| I guess DD since you have so much experience working in Corporate America (and since here the kids you help give you inside details into corporations) you are free to make such nice generalizations about all of 'Corporate America'... |
I've done my share of becoming aware..... I'm not a farmer from Idaho. I've traveled and as a person who has spent a good bit of time raising money for charity as part of my foundation, I've done A LOT of brown nosing with corporate management and even American corporate culture. So I am not blind.
Here is a good read on SAIC , from March. And no, I don't teach "kiddies" but no harm to my intelligence if I did. Quite being so morally straight jacketed. Or do you prefer you significant other either in the bedroom or the kitchen?
http://www.vanityfair.com/politics/features/2007/03/spyagency200703
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| And the revolving door never stops spinning. One of the biggest contracts ever for SAIC is in the works right now. It's for a Pentagon program called Future Combat Systems, which is described as "a complex plan to turn the U.S. Army into a lighter, more lethal, more mobile force" and also as "the most difficult integration program ever undertaken by the U.S. Department of Defense." The contract runs into the billions of dollars. The man who helped craft this program at the Pentagon was Lieutenant General Daniel R. Zanini. Zanini recently retired from the army, and he now has a new job. Can you guess where it might be? |
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| In Washington these companies go by the generic name "body shops"�they supply flesh-and-blood human beings to do the specialized work that government agencies no longer can. Often they do this work outside the public eye, and with little official oversight�even if it involves the most sensitive matters of national security. The Founding Fathers may have argued eloquently for a government of laws, not of men, but what we've got instead is a government of body shops. |
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postfundie
Joined: 28 May 2004
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| Posted: Thu Jun 28, 2007 6:59 am Post subject: |
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I've done my share of becoming aware..... I'm not a farmer from Idaho. I've traveled and as a person who has spent a good bit of time raising money for charity as part of my foundation, I've done A LOT of brown nosing with corporate management and even American corporate culture. So I am not blind.
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you totally avoid your generalizing about 'corporate culture'....funny how you cry like a baby if someone does the same about that blessed religion we all love and adore.
Also asking corporations for money is not the same as working for them..... |
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Joo Rip Gwa Rhhee
Joined: 25 May 2003
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| Posted: Thu Jun 28, 2007 7:10 am Post subject: |
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Get rid of Bush's tax cuts
Raise the gas tax.
Put a tax on imported oil.
Enact a value added tax
End all cooperate taxes
Enact a capital gains tax cut.
This will discourage consumption , increase investment , increase tax revenue and improve productivity. |
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Mosley
Joined: 15 Jan 2003
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| Posted: Thu Jun 28, 2007 4:37 pm Post subject: |
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Joo: We don't often disagree but...I gotta ask ya: Have you ever been to Canada? Do you realize what a burden the VAT(provincial AND federal) imposes on the average working schmuck? Someone with a modest income(say, 30K a yr.) is basically reduced to poverty what with income taxes, sales taxes, property taxes(assuming he even qualifies for a mortgage w/house prices these days), and a myriad of other involuntary payments to government.
If I were PM, I'd abolish the GST tomorrow. If I were a provincial premier, I'd abolish the PST tomorrow(if I were the Alberta premier there would be no need: no sales tax there). |
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Joo Rip Gwa Rhhee
Joined: 25 May 2003
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