Comment Re:Double Irish (Score 1) 825
Sounds like a plan to cut off your nose to spiderface. Never spiderface: no good can come of that.
Sounds like a plan to cut off your nose to spiderface. Never spiderface: no good can come of that.
Were you joking? Jails in many cities in California now require you to pay for your stay, unless you want to be shipped to a state prison instead. We're not quite the statist utopia yet, but Cali comes close.
Yes, yes, we've heard it all before, it's those 99% of police who are bad apples that give the other 1% a bad name. Totally unfair of me to overgeneralize from several such occurrences in my actual life when arguing about someone else's fantasy.
That's easy. The only bit that is taxed is corporate income. Yet any money spent for redistribution, investment in the corporation, etc is not taxed. In short, the only part that's taxed is the money earned in a year and sitting in a bank account, dividends from stock for a year, etc. Taxing corporations motivates them to not sit on piles of cash but instead either (1) pay it as wages or dividends or (2) improve the company and presumably improve the economy/country.
Were you proposing a system? Or confused about today's system? It's an interesting proposal, but of course dividends are double-taxed today.
Overall, though, I think people are confused about why a corporation would "hoard" money in bad times. The greater the uncertainty, the greater the reserves needed to see you through a couple standard deviations of possible futures. We all benefit from corporations not going under if bad times continue, after all. So, unless you're actually a fan of bailouts, perhaps cut a company some slack when they build some reserves when facing uncertain times?
Why? If they're still hiring people in the US, still being taxed in the US, etc, why does it matter?
The executives want all the most important jobs close to them. All the top-tier engineering jobs, all the HR, product managers, senior corporate managers and other "useless overhead" jobs, all the jobs that pay really well tend to be where the corporate HQ is.
I also love hockey - I think it edges out NFL football on my TV sports list. I'm able to separate the entertainment from the entertainers... otherwise I'd have a hard time listening to music or watching films! Baseball is still my favorite stadium experience, and unlike football I can watch just about any level from high school up without losing my mind.
We "must" tax the corporation? What kind of goal is that? Do you see the end-goal of a government as being to tax everything it can as much as it can? Many people do, it seems.
How about, instead, the government works to grow the US economy as much as possible. More jobs, more income, the tax revenue thing will work out OK in the end.
. Don't like it, go somewhere like Somalia and conduct your business. Good riddance
No, you fool, how about we have more jobs here instead of your befuddled plan? Only a statist cares more about taxes than the health of the nation.
Did you have an argument to go with that assertion?
No system of taxation has ever gotten federal revenues above 19% of GDP for long, and corporate taxes are a fairly small portion of federal revenue to begin with. We only tax corporations out of some sense of social justice, not because it's a useful way to fund the government. The key ingredient to "saving the country" is to spend less that we actually take in in federal revenue. We can hypothesize all day about what might happen with some new tax plan, but long term if we don't spend less than we make, it will end in tears.
The proper goal and aim of the government is not to feather its own nest with larger taxes in the first place, but to grow the economy! I give 0 fucks whether corporations pay taxes here or not, the important thing is whether the incentives are to have jobs here or not - especially well-paying high-skill jobs! And each and every law that makes it more expensive to do business in America detracts from that,
But perhaps you had an argument along those lines?
First, their job is to make life safer for everyone and to prevent crime. They do that.
WTF? Someone actually believes this? *boggle*
I used to deliver pizza for a living. Sometimes you get mugged. Once as I returned to the store, battered and bleeding, there was a cop right there in the store, getting some free pizza.
He seemed annoyed that we interrupted his free-pizza-getting by asking him to at least write an incident report. He outright rejected the notion that the police should make the area safer, and instead chastised us for doing business in such a dangerous neighborhood. He also wrote me a ticket for something about my car. Presumably the only reason he didn't shake me down for the money I had on me was that someone else had already stole that.
0 interest in policing. 0 interest in making things safer. 0 interest in preventing crime in any way that required effort on his part. They don't do that. They take your money and extort businesses for free stuff. That's what the police do.
Of course not - nothing's free. And if the police officer executes you, your family will be billed for the bullet (as is the norm in statist utopias).
The real problem is that companies can be headquartered anywhere! America benefits hugely from having the US be the home of choice for corporate HQs. Lots of high-paying jibs here because of that. But enough BS like this and there simply won't be any large US corporations any more.
We don't need a corporate income tax anyhow. We tax wages, and we tax distributions via dividends and capital gains - what exactly do we accomplish by taxing the corporation itself? We're going to tax that same money anyhow, so we're better off keeping the US as the preferred HQ location for multinationals.
Dying is for quitters.
and the pace is simply glacial
I get your criticisms, except this one. I mean, we are firmly in "subjective" territory here... but the setup-action, setup-action pace of football is fun for me. I like the tension that builds up. I hesitate to ask what you think of the pace of baseball?
Rugby is played by sissies. Hurling is where the real men go to play. They really should rename it "hematoma ball".
"disenchanted/upset customer"? Clearly, you haven't worked in tech support, or known anyone who has, or read any of the blogs or horror stories, or, really, informed yourself in any way about this. Humans have a bell curve of both "crazy" and "mean", and the tail end of either is not something you'd ever want to come into contact with.
Thus spake the master programmer: "Time for you to leave." -- Geoffrey James, "The Tao of Programming"