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07-04-2011, 05:19 PM
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#1
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Registered User
Join Date: Apr 2006
Location: Bird Rock
Posts: 16,697
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Billy Clinton Gets It
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07-04-2011, 05:23 PM
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#2
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,887
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There goes his DNC card. 
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Who does the Racing Form Detective like in this one?
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07-04-2011, 05:45 PM
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#3
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Registered User
Join Date: Jul 2007
Location: MILWAUKEE
Posts: 5,285
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you're just guessing
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Never tell your problems to anyone because 20% flat don't care and 80% are glad they are yours.
No Balls.......No baby!
Have you ever noticed that those who do not have a pot to piss in nor a window to throw it out of always seem to know how to handle the money of those who do.
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07-04-2011, 07:21 PM
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#4
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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I have no problem going to the 25% rate if they closed all the loop holes and kept them closed. Reagan tried that, but somehow the loop holes came back but the tax rate did not go back up every time they created a new loop hole. Low corporate tax rates are not the end all of end alls. Ireland has a corporate tax rate of 15% and they are in almost as bad as shape as Greece.
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Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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07-04-2011, 07:25 PM
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#5
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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I personally favor raising the corporate tax, but eliminating the tax on dividends. Reward the American investors.
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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07-04-2011, 07:26 PM
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#6
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Registered User
Join Date: Apr 2006
Location: Bird Rock
Posts: 16,697
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Quote:
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Originally Posted by Robert Goren
Ireland has a corporate tax rate of 15% and they are in almost as bad as shape as Greece.
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Get a clue. You've yapped about Ireland and their low Corp tax rate. It has single-handedly brought a major boon for the country.
You're extremely confused if you think IRE Corp tax rate has anything to do with their current down turn.
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Originally Posted by Robert Goren
I personally favor raising the corporate tax, but eliminating the tax on dividends. Reward the American investors.
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Take a few minutes out of your life, watch this, & get hip.
http://www.cbsnews.com/video/watch/?id=7360932n
Last edited by bigmack; 07-04-2011 at 07:28 PM.
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07-04-2011, 07:32 PM
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#7
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,887
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Bobby, I agree about loop holes.
Corporate - 25% nothing else - period.
Personal - 10%, nothing else period.
No need for a page 2 in the tax code.
No need for a full sixes sheet of paper.
Print it out on business cards and enforce it.
__________________
Who does the Racing Form Detective like in this one?
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07-04-2011, 07:33 PM
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#8
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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Quote:
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Originally Posted by bigmack
Get a clue. You've yapped about Ireland and their low Corp tax rate. It has single-handedly brought a major boon for the country.
You're extremely confused if you think IRE Corp tax rate has anything to do with their current down turn.
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If Ireland is in a boom, I hate to see a bust. If Greece, It is toss up whether Spain or Ireland is next. The point is that the low corporate tax rate did not prevent the down turn like the Irish politicians promised the Irish people when they passed it ten years ago. That is what is promised here too. I believe in learning from other people's mistakes.
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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07-04-2011, 07:38 PM
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#9
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Registered User
Join Date: Apr 2006
Location: Bird Rock
Posts: 16,697
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Quote:
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Originally Posted by Robert Goren
If Ireland is in a boom, I hate to see a bust. If Greece, It is toss up whether Spain or Ireland is next.
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With all due respect, haven't you heard that most Euro countries are in trouble? How do you make the jump to point a finger at IRE corp tax rates as the culprit when it is the one thing that they have going for them?
You're not simple enough to equate the economic downturn in their banking institutions with corp tax rates as a stab in the dark blame game, are you? Just to settle this once and for all, bring some evidence to back-up your, what I believe to be, misguided position.
Last edited by bigmack; 07-04-2011 at 07:39 PM.
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07-04-2011, 07:46 PM
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#10
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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Like in Greece, It is Irish government bonds that may go into default. It has nothing do with banks except those dumb enough to hold their government bonds might end up with nothing. That includes some US banks as well as Irish and other European banks. I am not sure what Irish government bonds are paying right now, but in Greece it is 18%. I willing to bet a couple of bucks that well that is way above what US government bonds are paying.
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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07-04-2011, 07:50 PM
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#11
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Registered User
Join Date: Apr 2006
Location: Bird Rock
Posts: 16,697
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Quote:
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Originally Posted by Robert Goren
Like in Greece, It is Irish government bonds that may go into default. It has nothing do with banks except those dumb enough to hold their government bonds might end up with nothing. That includes some US banks as well as Irish and other European banks. I am not sure what Irish government bonds are paying right now, but in Greece it is 18%. I willing to bet a couple of bucks that well that is way above what US government bonds are paying.
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Sir - Do you, or do you not have ANY evidence the corp tax rate in IRE has ANYTHING to do with their current situation?
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07-04-2011, 07:57 PM
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#12
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Registered User
Join Date: Apr 2008
Location: Louisiana
Posts: 5,597
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Quote:
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Originally Posted by bigmack
Sir - Do you, or do you not have ANY evidence the corp tax rate in IRE has ANYTHING to do with their current situation?
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Expecting Robert to come with actual facts and proof is like....well waiting for nothing! You will get the same result either way! 
__________________
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men,deriving their just powers from the consent of the
governed.
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07-04-2011, 08:01 PM
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#13
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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Irish 10 year note 12.97%
US 10 year note 3.125%
It is clear that the reason the are in trouble is because debit is so high. I know that the conservatives will say spending is too high. The Irish Politicians promised if the corporate tax rate were cut the increase in business would more than make up for it and they could keep their spending programs. They got a little boost for a while and in 2005 it looked like it might work. Then came recession of 2008 and everything went to pot in a hurry.
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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07-04-2011, 08:03 PM
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#14
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Refugee from Bowie
Join Date: Nov 2007
Posts: 1,598
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And what is Omama's plan?
Treasury Secretary Timothy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to “shrink the overall size of government programs.”
The administration’s plan to raise the tax rate on small businesses is part of its plan to raise taxes on all Americans who make more than $250,000 per year — including businesses that file taxes the same way individuals and families do.
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07-04-2011, 08:12 PM
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#15
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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Quote:
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Originally Posted by newtothegame
Expecting Robert to come with actual facts and proof is like....well waiting for nothing! You will get the same result either way! |
Not enough revenue coming in, that is a problem everywhere right now. Now I will put a challenge to you. Show me a time when cutting tax rates brought the US out a recession when they were not accompanied by large increases in government deficit spending. Go ahead Google away. I have and could not find one case where that happened. Maybe you will better luck. Enough of this for now, I have some possible jumper races to look at.
P.S. I do post results for them there.
__________________
Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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