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WSJ: Cut corporate taxes to zero and create real jobs.

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EconomicLiberal Donating Member (554 posts) Send PM | Profile | Ignore Sat Jan-17-09 06:21 AM
Original message
WSJ: Cut corporate taxes to zero and create real jobs.
Edited on Sat Jan-17-09 06:22 AM by EconomicLiberal
http://online.wsj.com/article/SB123215398370892313.html?mod=googlenews_wsj#articleTabs%3Darticle

With more lies than you can count about the New Deal, the WSJ does the unexpected (NOT) and advocates bringing the corporate tax rate down to 0%. Where have I heard that before? Idiots!
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 06:24 AM
Response to Original message
1. Sure, for those
that we nationalize.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 06:25 AM
Response to Original message
2. The Wall Street Journal's editorial page ought to be labeled an enemy combatant.....
..... or an insane asylum.
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Sen. Walter Sobchak Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 06:29 AM
Response to Original message
3. right... that would be a marginally acceptable idea IF...
In US corporations were actually interested in investing in themselves and the United States - but every dollar spent on corporate infrastructure and employees is a dollar not going up the nose of a thirty-something MBA and thus a "failure to maximize shareholder value"

As long as creative destruction is the prevailing business model in the United States nothing will pull us out of this,
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 07:45 AM
Response to Original message
4. If a lot of corporations are already offshore and paying little, if any, taxes, why bother?
They're already NOT paying federal tax.
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Gman2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 11:06 AM
Response to Reply #4
9. That is the point!!!!
It is a blanket immunity philosophically, to head off the shovels and pitchforks acomin to seek justice on these corps that take, rule man, and then pay nothing in taxes, or little. Corps are gonna get with it or the boot. We can find local entrepreneurs to fill needs. Screw them. Banned. Find another junkie. Also, monolithic corps will fail, against leaner small upstarts. They are seeking advantage, to kill them in anticipation.
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 07:56 AM
Response to Original message
5. As if they'er policies have not "Bankrupted the entire World"
"Earth to WSJ"

"You guys might want to reconsider those failed Trickle-Down Economic Policies - Last we checked we are still falling into a Global Depression because of them"
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salguine Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 08:26 AM
Response to Original message
6. For most corporations, it's at zero now! Jesus Christ!
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 08:32 AM
Response to Original message
7. Noticed how they didn't say small business. Just corporations..
Which will use the tax cut money to MOVE to China like they always do!
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-17-09 09:50 AM
Response to Original message
8. Yeah okay, they need to pickup their fair share, they should pay until they play...
right here in the US.
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