stevephl
join:2000-11-27
Colorado Springs, CO | reply to jc100
Re: Lousy Most often they do not receive any tax breaks and if they do how is this taking money from the tax payer? Corporations are not tax payers anyway they are tax collectors so any taxes levied on them are simply rolled into the cost of services which we the end user pay. Tax dollars are not being spent to subsidize ISP's yet anyway. I for one would end all subsidies in any industry business. I work for a very small mom/pop defense contractor 11 employees the amount of taxes we are hit with by the feds is ridiculous, the rate was in excess of 40% during the last administration. Other countries do not operate on the free market model, nor do they offer the freedoms that we enjoy for instance income taxes are much higher, there is a VAT that is added at each stage of manufacture the people have little to no say in how things are done/accomplished. Having spent almost twenty years traveling and living in other countries I can tell you first hand we have it much better. Another point when the government steps in they exact a certain amount of return either in control, through regulations or monies you lose out on freedoms. Our country produces more innovation and growth then any other country simply because companies are free to research, spend money on growth and see a return on those investments.
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| Well I heavily disagree. First, your assessment that companies aren't given handouts is accurate. Verizon is a prime example. I think Pennsylvania (forget definitely) gave them 10s of millions only to have Verizon keep the money and bail. The fed DOES give them money. Google if you don't believe me. They are no less subsidized than companies overseas. They see tons of our money and give little in return. Our government is a cash cow, but unlike the one's overseas, these companies aren't held accountable when they misappropriate it. Basically, they pocket it and stemmy the competition in many cases. As per your assessment on countries overseas, then how come they are all rated the happiest in the world and we're middle of the road? Guess some people equate happiness differently. I think you failed to see how we already pay about 35 percent of our income in taxes, and get very little for it. Do you get free medicine? Nope. Tack on about another 3-4000 NOT directly taxed for your medical insurance. So that pushes your taxes now to around 40-45 percent (as 3-4000 is roughly 5-10 additional percent of one's average salary). Do you get free university costs? Figure 15-35,000 a year for that one. God knows that's not being paid immediately. Double whatever you owe when you finish. That's basically what the interest comes to. They wanted 20,000 dollars on a loan I had for 11 when I finished. So let's see, this one comes to hell almost ALL of your money for quite some time. The list goes on. I think your pretty picture of how this past administration failed, doesn't give one ounce of credit to how miserably this current one is or the state of the country.
Side note, I'd like to know how come people here can't get free medicine but we're so busy dishing it out to African Countries. Bush wants to renew that program. Tax payer money socializing their health care when we don't see squat for our investment.
Back on subject, you're completely wrong on the subsidizing of the cable / phone industry. Just google.
»www.usatoday.com/tech/wireless/p···es_x.htm
There's one article to keep you busy. Enjoy searching for others. |
