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Message started by Jerry Eichenberger on 06/18/14 at 08:11:58

Title: 10 million new jobs
Post by Jerry Eichenberger on 06/18/14 at 08:11:58

Good article on Yahoo today about what should happen if the U.S. corporate tax rate were cut from the current 35% to 25%. At that rate, we'd be competitive with other industrialized nations' tax rates, eliminating the motive to relocate U.S. companies overseas.
A study by S&P estimates the result of such a corporate tax cut would create 10 million more jobs here, and the income to the Treasury would actually increase, not decline.
Read the article - all makes perfect sense.

Title: Re: 10 million new jobs
Post by Pine on 06/18/14 at 08:16:36

Great to see you still around and posting.
Got a link to make sure I see what you are seeing?

Title: Re: 10 million new jobs
Post by Jerry Eichenberger on 06/18/14 at 08:23:42

Sorry, Pine. I'm not that computer literate. Just go to Yahoo home page and you should see the article. I like to read Yahoo, while a liberal bent, sometimes they make good sense.

Title: Re: 10 million new jobs
Post by justin_o_guy2 on 06/18/14 at 08:35:46

If jobs & a healthy economy were the goals these things woulda already been done,

Title: Re: 10 million new jobs
Post by Trippah on 06/18/14 at 18:01:32

Jerry, corporate America has more wealth than they have ever had, yet still no new jobs etc. For the past 20 years we have had pro business government on the Federal level, which has created off shore banking tax havens, the greatest disproportionate spread of wealth in the nation's history and yet you want more?????

;D ;D ;D ;D Of course you do.

Title: Re: 10 million new jobs
Post by pgambr on 06/18/14 at 18:58:20

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/06/20140617_wealth_0.jpg

:-?

Title: Re: 10 million new jobs
Post by verslagen1 on 06/19/14 at 08:10:41

don't muddy the water with facts. :-?

Title: Re: 10 million new jobs
Post by Jerry Eichenberger on 06/19/14 at 08:22:04

Trippah -
It's interesting to me that very liberal governments in Western Europe have corporate tax rates around 25% to 28%.
These countries realize that employers will stay home, and hire their own citizens, when tax rates are friendly. The U.S. has the highest corporate tax rates in the industrial world. Any wonder why U.S. businesses go overseas?

Title: Re: 10 million new jobs
Post by Serowbot on 06/19/14 at 09:16:13

The rates may be high,.. but there are so many deductions that many don't pay any tax at all...
Corps don't want to pay wages, retirement, and healthcare...

Yahoo does lean liberal but,.. that article was written by a very conservative writer...
Here's some of his other articles... http://www.moneynews.com/Insiders/NealAsbury/id-119/
... and the one we are speaking of... (I assume)...
http://www.moneynews.com/nealasbury/us-tax-corporation-overseas/2014/06/19/id/577981/
EDIT... Sorry, I may have the wrong Journalist... :P...
My bad... I'll leave it up, because it does refer to the study...

Title: Re: 10 million new jobs
Post by pgambr on 06/19/14 at 18:12:30

3A252324393E0F3F0F37252962500 wrote:

If jobs & a healthy economy were the goals these things woulda already been done,

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/06/20140619_eco1.jpg