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To me high corporate profits means we are paying too much for your products.

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pwb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-04-10 02:13 PM
Original message
To me high corporate profits means we are paying too much for your products.
As for those corporations based in the Cayman islands, I propose a Alternative minimum corporate tax. This tax would also apply to American corporations that pay no tax, like G.E. etc.
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slay Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-04-10 02:24 PM
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1. that and workers are getting paid too little
we've lost all control to the corporations - they've bought congress and the supreme court
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LatteLibertine Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-04-10 02:26 PM
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2. They
Edited on Wed Aug-04-10 02:35 PM by LatteLibertine
can afford to pay people at the top millions of dollars and another 20 mil or so in compensation so they have the ability to to pay their workers a decent wage. They choose not to because the bulk of them are greedy sociopathic narcissists with no regard for the nation that made them wealthy.

Exporting many jobs to nations that pay pennies on the dollar for labor with no benefits is about sheer greed and of course busting down unions here.

Year after year it's the same. The game is about continually concentrating money and power upward to the most wealthy minority of United States citizens. Fortunately, we still have our vote. If it wasn't for that, the game would already be over.

A good site below that shows what has been happening in this country with regard to income and wealth.

http://sociology.ucsc.edu/whorulesamerica/power/wealth.html
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metapunditedgy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-04-10 02:34 PM
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3. Proof that the "efficient market" is not pricing products correctly. n/t
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