Comments on: UPDATE: The Faux Stimulus: $787 Billion to “Create or Save” 25,000 jobs http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/ Just another RedState: Where the VRWC Conspires Online weblog Mon, 06 Feb 2012 19:29:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: itrytobenice http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-92 itrytobenice Wed, 04 Nov 2009 19:03:41 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-92 If the government wants to encourage economic growth, they will quit discouraging companies from doing business here, both with the onerous taxes and excessive regulation. If the government wants to encourage economic growth, they will quit discouraging companies from doing business here, both with the onerous taxes and excessive regulation.

]]> By: itrytobenice http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-91 itrytobenice Wed, 04 Nov 2009 19:01:40 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-91 Wages paid are tax deductible regardless of whether the person is located in America, England, China or India. But if you take away the tax deductibility of wages, all you will do is cause the company to move their domicile to London. London is slaughtering us anyway in the domicile of international corporations, mostly due to SarBox, but surely partly due to governmental antagonism to business interests. Wages paid are tax deductible regardless of whether the person is located in America, England, China or India.

But if you take away the tax deductibility of wages, all you will do is cause the company to move their domicile to London. London is slaughtering us anyway in the domicile of international corporations, mostly due to SarBox, but surely partly due to governmental antagonism to business interests.

]]> By: Leopard1996 http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-86 Leopard1996 Tue, 03 Nov 2009 17:51:39 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-86 This was written as an emotional response to a current situation that I am facing with my company. My current company is whacking people here and shipping those jobs over to India, where the quality is far less than what we do here in the states. It was my understanding that companies actually get tax credits for jobs that they send overseas. If that is wrong then my initial statement is out of order, however, if my statement is right, then the outsourcing of jobs overseas to get a tax credit as well as chase after the cheapest wage is a contributory factor to the unemployment we face today. However, overall, my personal policy position would be to get the corporate tax rates reduced so that it is more profitable for companies to be domiciled here, and hire people here This was written as an emotional response to a current situation that I am facing with my company. My current company is whacking people here and shipping those jobs over to India, where the quality is far less than what we do here in the states. It was my understanding that companies actually get tax credits for jobs that they send overseas. If that is wrong then my initial statement is out of order, however, if my statement is right, then the outsourcing of jobs overseas to get a tax credit as well as chase after the cheapest wage is a contributory factor to the unemployment we face today.
However, overall, my personal policy position would be to get the corporate tax rates reduced so that it is more profitable for companies to be domiciled here, and hire people here

]]> By: itrytobenice http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-56 itrytobenice Fri, 30 Oct 2009 19:33:09 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-56 These little soundbite economic ideas, like the social security lockbox, that mean absolutely nothing in the real world, irritate the crap out of me. How exactly do you propose to tax 'outsourced' jobs? Should a company be required to pay income taxes on wages paid to overseas workers? Even if the plant is overseas? Even if the product they produce is sold overseas? Should we tax a company extra if it reduces domestic employment at the same time it increases overseas employment? Even if their business is profitable overseas but unprofitable here? Even if the product produced is used overseas? What if the product uses raw materials that can be obtained cheaper overseas? What if they are doing it to reduce other expenses? What if they are producing their product in dozens of countries? Coca Cola is domiciled in the United States but sells their product in virtually every country in the world. Do you believe they should be required to produce all that Coke here and transport it to all the countries it is consumed? If you would pause for a moment to think this kind of thing through, you wouldn't look so stupid. These little soundbite economic ideas, like the social security lockbox, that mean absolutely nothing in the real world, irritate the crap out of me.

How exactly do you propose to tax ‘outsourced’ jobs?

Should a company be required to pay income taxes on wages paid to overseas workers? Even if the plant is overseas? Even if the product they produce is sold overseas?

Should we tax a company extra if it reduces domestic employment at the same time it increases overseas employment? Even if their business is profitable overseas but unprofitable here? Even if the product produced is used overseas? What if the product uses raw materials that can be obtained cheaper overseas?

What if they are doing it to reduce other expenses? What if they are producing their product in dozens of countries?

Coca Cola is domiciled in the United States but sells their product in virtually every country in the world. Do you believe they should be required to produce all that Coke here and transport it to all the countries it is consumed?

If you would pause for a moment to think this kind of thing through, you wouldn’t look so stupid.

]]> By: Neil Stevens http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-55 Neil Stevens Fri, 30 Oct 2009 18:19:49 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-55 By: reelman http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-54 reelman Fri, 30 Oct 2009 18:16:16 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-54 October 26, 2009 WH Should Rebut, Not Intimidate, Its Critics Louis Menand, The New Yorker When are voters going to realize the modern liberal (aka secular socialist) cannot sell their kook ideas by honest open debate? Its ALWAYS smears, diversions, distortions and lies. Doesn't history teach anything? October 26, 2009
WH Should Rebut, Not Intimidate, Its Critics
Louis Menand, The New Yorker

When are voters going to realize the modern liberal (aka secular socialist) cannot sell their kook ideas by honest open debate?
Its ALWAYS smears, diversions, distortions and lies. Doesn’t history teach anything?

]]> By: Leopard1996 http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-52 Leopard1996 Fri, 30 Oct 2009 00:08:03 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-52 By: LaborUnionReport http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-51 LaborUnionReport Fri, 30 Oct 2009 00:04:24 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-51 Great quote, Leopard. Great quote, Leopard.

]]> By: Leopard1996 http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-50 Leopard1996 Thu, 29 Oct 2009 23:49:40 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-50 Actually I would rather go that route, and I doubt that he would even do what I said above, considering it's jobs like these that keep folks like me from being a dependent of the government. For someone who wants a strong middle class, he sure as hell is setting a economy of the very elite (as long as they agree with him), and everyone else with nothing in between. Actually I would rather go that route, and I doubt that he would even do what I said above, considering it’s jobs like these that keep folks like me from being a dependent of the government. For someone who wants a strong middle class, he sure as hell is setting a economy of the very elite (as long as they agree with him), and everyone else with nothing in between.

]]> By: Xasteius http://www.redstate.com/laborunionreport/2009/10/29/the-faux-stimulus-787-billion-to-create-or-save-25000-jobs/#comment-49 Xasteius Thu, 29 Oct 2009 23:45:25 +0000 http://www.redstate.com/laborunionreport/?p=101#comment-49 <a href="http://www.dirjournal.com/business-journal/obama-says-no-tax-breaks/">Why doesn't</a> he just cut the corporate tax rate here? Why doesn’t he just cut the corporate tax rate here?

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