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Re: Those Greedy Bad Large Corporations ???

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Message 31 of 34

    What some here seem to want to ignore is that manufacturing jobs do not appear to be returning to the US.    The TAX "scam" laws made it easier for Corporations to keep the profits made in other countries easier to bring into the country.   So, the public Corporations did huge buy-back with the first bit of their profits and gave some raises and then went back to business as usual, while paying less corporate taxes.     How did that help in the US?   NOT MUCH

     Then we have corporations that spend their time hiding behind LLC's when they negotiate with cities to get tax breaks and what appears to be a small business venture, is actually a mego-Corporation that was hiding behind the curtain.   https://www.theverge.com/2019/2/16/18227695/google-shell-companies-tax-breaks-land-texas-expansion-n...

 

     I'd say don't be stupid, but sometimes people like being uninformed and will deny any facts that don't match their "reality".   

PRO-LIFE is Affordable Healthcare for ALL .
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Re: Those Greedy Bad Large Corporations ???

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Message 32 of 34

@Olderscout66 wrote:

Let's all turn on our BS filters and deal with reality.

 

A Corporation is a legal construct that allows people to invest in an enterprise and limit their liability to the amount invested. It is NOT a person in any sense of the word, and therefore has no "personality" good or bad.

 

The people running the Corporation, on the other hand, are entirely human and, in general, rich, greedy, rapacious, sexist and good friends with lots of others sharing those traits, which is the most significant factor in them holding the leadership position that makes them able to divert most of the profits created by the employees of the corporation into their own pockets, with the rest dribbling down to the next several levels of management while the owners and workers share a few crumbs.

 

It was not always that way. From 1936 until around 1970, the people running the companies passed most of the profits back to the workers who created them, and relied on the increased effort that the good treatment brought out in the workforce to increase the value of their ownership interest (stocks) AND to drive the economy to ever greater heights by stimulating CONSUMPTION.

 

Now Repuiblicans have done for the Corporate Oligarchs what Reagan did for their ancestors - eliminate the connection between their tax burden and the burden their operation places on the society as a whole.  The Corporate Oligarchs did with their huge tax scam windfall exactly what their ancestors did with the personal income taxscam windfall - THEY POCKETED IT! Either directly by giving themselves huge bonuses or by using the money to repurchase outstanding shares of company stock thereby artificially increasing the value of their personal holdings and options.

 

If you want the middle class to benefit from a tax change, increase taxes on the top 10% and reduce them on the bottom 90%, NOT visa-versa as the Republicans always do.

 

The absurd notion that somehow having Corporations contribute LESS will somehow benefit the society as a whole should by now have been consigned to the dustbin of stupid ideas by the overwhelming weight of evidence provided by actual experience.

 

But Republicans no longer live in the real world, having given that up for the mindless fog of Fox, Breightbart, Infowars and National Enquirer nonsense.

 

Time to remove Republicans from office and replace them with people dedicated to solving real problems for real people.

 


Once you get rid of all those evil corporations, who is going to create the factories and organize the large numbers of service and/or technical people needed? It takes a lot of money to create those things used by the techs as mentioned the op - how will that happen without the corporations to invest, create, organize and produce?

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Re: Those Greedy Bad Large Corporations ???

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Message 33 of 34

Let's all turn on our BS filters and deal with reality.

 

A Corporation is a legal construct that allows people to invest in an enterprise and limit their liability to the amount invested. It is NOT a person in any sense of the word, and therefore has no "personality" good or bad.

 

The people running the Corporation, on the other hand, are entirely human and, in general, rich, greedy, rapacious, sexist and good friends with lots of others sharing those traits, which is the most significant factor in them holding the leadership position that makes them able to divert most of the profits created by the employees of the corporation into their own pockets, with the rest dribbling down to the next several levels of management while the owners and workers share a few crumbs.

 

It was not always that way. From 1936 until around 1970, the people running the companies passed most of the profits back to the workers who created them, and relied on the increased effort that the good treatment brought out in the workforce to increase the value of their ownership interest (stocks) AND to drive the economy to ever greater heights by stimulating CONSUMPTION.

 

Now Repuiblicans have done for the Corporate Oligarchs what Reagan did for their ancestors - eliminate the connection between their tax burden and the burden their operation places on the society as a whole.  The Corporate Oligarchs did with their huge tax scam windfall exactly what their ancestors did with the personal income taxscam windfall - THEY POCKETED IT! Either directly by giving themselves huge bonuses or by using the money to repurchase outstanding shares of company stock thereby artificially increasing the value of their personal holdings and options.

 

If you want the middle class to benefit from a tax change, increase taxes on the top 10% and reduce them on the bottom 90%, NOT visa-versa as the Republicans always do.

 

The absurd notion that somehow having Corporations contribute LESS will somehow benefit the society as a whole should by now have been consigned to the dustbin of stupid ideas by the overwhelming weight of evidence provided by actual experience.

 

But Republicans no longer live in the real world, having given that up for the mindless fog of Fox, Breightbart, Infowars and National Enquirer nonsense.

 

Time to remove Republicans from office and replace them with people dedicated to solving real problems for real people.

 

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Those Greedy Bad Large Corporations ???

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Message 34 of 34

With Amazon backing out of NYC - much talk on news stations about how small businesses hire more people and is the growth engine of our economy - and how big corporations are greedy and bad.

 

A while back I called a heating system repair company to come fix my house heater, small business, 8 employees the tech told me.

 

He pulled up in his Ford van, pulled out his Craftsman tools with Simpson test equipment, worked on my American Standard heater and replaced a bad circuit board made by Honeywell.

 

The landscaper and his helper pulled in with his Dodge truck, pulling his Gates trailer, rolled off his Toro lawnmower and all his Echo weedwacker and hedging equipment.

 

Even my dentist couldn't run his small business without all the big corporation equipment he uses.

 

Yes, small businesses employ more people, but majority couldn't exist without large corporation products and support - keep that in mind. Most products in your home and financial benefits from mortgages to pension funds depend on investments with larger companies.

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