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Valued Social Butterfly
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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 1 of 26

Some key facts about Corporate taxation:

Corporations exist ONLY because they provide a benefit to the American People.

No benefit, no right to incorporate.

We the People need to decide if having "cheap stuff" is worth the EXTRA hundreds of billions we pay the Corporations thru Republican legislated loopholes and protections.

 

During the Eisenhower Administration, when the Personal Income Tax had a 91% Top Marginal Rate and the Corporate Tax was 50%, the Nation prospered, the gap between rich and poor shrank every year and our infrastructure was magnificant.

 

Republicans slashed the tax rates, our GDP grows at HALF the rate it did in the 1950's, our schools and other infrastructure went from #1 to PATHETIC and the gap between rich and poor WIDENS each year as income and wealth are drained from the Middle and redistributed to the very top.

 

People want to make America Great AGAIN? - perhaps we need to consider how we paid for that Greatness and Repeal the tax scams that are destroying our nation and our freedom.

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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 2 of 26

@gordyfl 

Axios didn't include an answer from her - or perhaps they didn't ask her campaign for a reply.

What do you think of her answer?

* * * * It's Always Something . . . Roseanne Roseannadanna
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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 3 of 26

@JANMB 

 

Well we certainly don't have a trade deficit in oil/gas anymore.

 

When you can interprete a corporate tax return and tell me where you see an injustice - then we can do something about it.  What deductions do you think they should not have???

 

If you made some money in the state of say, Michigan by working for an employer in GA. and you live in Georgia - Which state should you pay income tax to?

 

 

* * * * It's Always Something . . . Roseanne Roseannadanna
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Treasured Social Butterfly
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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 4 of 26

Driving the news: Axios asked each campaign whether they would get rid of the tariffs on day 1, and none gave a clear answer. The campaigns said they would either leave the existing tariffs in place or conduct a review of the tariff policy upon entering office.

 

_______________________

 

CNN Moderator: "To be clear, would you keep President Trump's tariffs on China in place?"


Tulsi Gabbard: "I would not, because the approach that President Trump has taken has been extremely volatile, without any clear strategic plan, and it has a ravaging and devastating effect on our domestic manufacturing, on our farmers who are already struggling and now failing to see the light of day because of the plan that Trump has taken."


(APPLAUSE)


Trump Tariffs at 5 minute 30 second mark...

 

 

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Valued Social Butterfly
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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 5 of 26

The biggest, most profitable corporations are now finding it almost routine to escape paying the 35 percent tax. In some cases, they're easily finding ways to avoid paying any income tax at all.   I think that all the articles are another con that propose   a lower corporate tax rate on the books so they don't have to finagle ways to do it.   

 ...
www.morssglobalfinance.com/the-loss-of-american-manufacturing-jobs-what-are-the-facts
By Industry, 1989-2007. It appears there is a white elephant in the room: the manufacturing sector with the trade deficit that grew most in this period was oil and gas. This had nothing to do with lower-priced overseas workers and unfair labor practices either.   . It had to do with the growing US dependency on foreign oil.

 

 

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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 6 of 26

AXIOS 07/28/2019 - 2020 Democrats punt on Trump's China tariffs

 

None of the leading Democratic presidential contenders said they would immediately drop President Trump's tariffs on China if elected president, despite criticizing his moves against Beijing as reckless.

 

Driving the news: Axios asked each campaign whether they would get rid of the tariffs on day 1, and none gave a clear answer. The campaigns said they would either leave the existing tariffs in place or conduct a review of the tariff policy upon entering office.

Why it matters: Trade with China is one of the few foreign policy issues that must-win Rust Belt voters care about deeply. This is largely because people in Michigan, Wisconsin and Pennsylvania have seen factories close as manufacturing moves overseas — and, subsequently, they have seen their towns gutted. 

Between the lines: Despite the steep political polarization in Washington, China's emergence as an competitor has largely unified U.S. politicians. Regardless of the merits of Trump's approach, he has pushed China into the spotlight, experts say.

  • "Any Dem that doesn’t express a desire to be tough on China digs themselves into a hole before the race even gets going," Scott Mulhauser, former chief of staff at the U.S. Embassy in Beijing and deputy chief of staff to former Vice President Joe Biden during the 2012 election, told Axios.
  • Tariffs are "a problematic solution to being tough on China," Mulhauser added, noting how they reverberate back onto Americans, but "there are ways to use them as leverage to extract concessions from the Chinese — not only in the trade space but beyond."

==========

Read more at the Axios link ~ 

* * * * It's Always Something . . . Roseanne Roseannadanna
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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 7 of 26

Council on Foreign Affairs.org - 07/30/2019 - The Democratic Candidates on the Trans-Pacific Partner...

 

CFR invited the Democratic candidates to articulate their positions on twelve critical foreign policy issues before the second set of presidential debates. The questionnaire was sent to all candidates on July 8. Candidates’ answers are posted exactly as they were received.

 

This Question:

Under what circumstances, if any, would you support the United States joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), formerly the Trans-Pacific Partnership?

 

 

* * * * It's Always Something . . . Roseanne Roseannadanna
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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 8 of 26

@john258 wrote:

@GailL1 wrote:

@Richva wrote:

Which Democrats said China was an ecomomic aggressor?  I missed that part.


You can read the NYT link or here is another one 

WAPost 09/07/2019 Trump Trade War With China Scrambles Democrats'strategy

 

Just catching up on my reading and this has been covered a lot the last few days in lots of publications.  Seems many of them agree with the strategy but they are protective of products from their own neck of the woods.

 

American companies are moving out of China but they aren't coming back here - could we get them to come back here ? How?

 


How do you think we could get them to come back, and how would you solve the problems with China you read about.


Republicans are using We the People's desire to get back the jobs Republicans subsidized moving to commie slaves in Asia to justify higher taxes on We the People. WHO do you think provides those billions and billions of dollars tRump admits are flowing int othe Treasury because of his tariffs?

 

You want the jobs back? TAX THE PROFITS companies make from using commie slaves in Asia.

 

You want to keep more jobs from leaving? Force the Corporate Oligarchs to continue paying the workers they displace whenever they relocate, just like Germany has done SUCCESSFULLY since the 1950's.

 

Then legislate an end to "The Gig Economy" which is nothing but a Republican scam to enslave Americans to their Corporate employers and redistribute the wealth the workers create into the pockets of the Oligarchs.

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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 9 of 26

@GailL1 wrote:

@Richva wrote:

Which Democrats said China was an ecomomic aggressor?  I missed that part.


You can read the NYT link or here is another one 

WAPost 09/07/2019 Trump Trade War With China Scrambles Democrats'strategy

 

Just catching up on my reading and this has been covered a lot the last few days in lots of publications.  Seems many of them agree with the strategy but they are protective of products from their own neck of the woods.

 

American companies are moving out of China but they aren't coming back here - could we get them to come back here ? How?

 


How do you think we could get them to come back, and how would you solve the problems with China you read about.

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Re: What Are The Ideas from the Democrats ? Inquiring Minds want to know.

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Message 10 of 26

Good idea, but I'd say it should be AND not OR to the Stakeholdres' Protection - both are needed. One slight modification - instead of the Gov't loaning the money, the Employee Pension Fund should be turned over to the workers to use to purchase company stock or move to their IRAs and not remain the property of Management when they decide to ship the work to commie slaves in Asia.

 

I agree, employees should manage and own their own pensions. Pension shortfalls should be addressed at the time of the sale or change of ownership. 

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