Steve Jobs great innovator - Page 2

southparkcpa · 05-02-2012, 12:32 PM

[QUOTE=Trades;4457147]They brag about it? Really?

How about we consider what part of the blame American corporate tax policy has to do with the lack of corporate tax dollars and jobs there are in America. 2-way street isn't it or is it just the evil corporation's fault?[/QUOTE]

Jobs in absolute terms , face to face, told OBAMA he could NOT bring jobs to America as we do not produce enough engineers capable of working at Apple.
Yet these same people want to spend MORE on education and not address our falling math and science aptitude while education costs are the highest they have ever been.

I'm sure OBAMA took that into consideration....:rolleyes: He is a pawn of the NEA.

greenwichjetfan · 05-02-2012, 12:50 PM

I'm having SUCH a hard time understanding exactly how a nation that was based on Capitalism and the pursuit of economic happiness, can accuse a corporation that is legally making money, of not being loyal americans.

Trades · 05-02-2012, 01:14 PM

[QUOTE=greenwichjetfan;4457425]I'm having SUCH a hard time understanding exactly how a nation that was based on Capitalism and the pursuit of economic happiness, can accuse a corporation that is legally making money, of not being loyal americans.[/QUOTE]

Didn't you hear? It isn't fair that they lucked into prosperity and they aren't paying their fair share.

greenwichjetfan · 05-02-2012, 01:18 PM

[QUOTE=southparkcpa;4457399]Jobs in absolute terms , face to face, told OBAMA he could NOT bring jobs to America as we do not produce enough engineers capable of working at Apple.
Yet these same people want to spend MORE on education and not address our falling math and science aptitude while education costs are the highest they have ever been.

I'm sure OBAMA took that into consideration....:rolleyes: He is a pawn of the NEA.[/QUOTE]

I'm not sure if you're referencing this, but Bloomberg had a fantastic (and very very long) article on Apple about 6 months ago, and it detailed the meeting between Obama and Jobs that you're talking about.

cr726 · 05-02-2012, 01:22 PM

[QUOTE=chiefst2000;4457388]It's funny but most people don't understand one basic truth. [B][SIZE="6"]The stock market is the single greatest creator of wealth in our society.[/SIZE][/B] The current fiscal problems in most states and localities and the stagnant economy in general is in a large part due to the lack of growth in stocks over the past 12+ years.

A robust stock market literally helps every single American from the poorest to the richest. A robust stock market solves virtually every fiscal problem we have in America. It can lift people out of poverty and lift middle class to upper middle class. Etc.

Corporations represent our financial power. Government should be promoting American businesses and Corporations not stifling them. Legislators should ask themselves if the legislation they are writing will have a strong negative impact on corporations. If it does they should change it.[/QUOTE]

How has the Stock Market been the last year?

chiefst2000 · 05-02-2012, 01:32 PM

[QUOTE=cr726;4457488]How has the Stock Market been the last year?[/QUOTE]

Not bad thanks in large part to Apple, the company you were panning in your OP. We should all do backflips because the stockmarket has returned to 2008 levels? Between 1980 and 2000 the market went up 1500%. Between 2000 and 2012 we are up a staggering 0%.

Deamonizing business isn't the answer. Promoting it is.

cr726 · 05-02-2012, 01:37 PM

[QUOTE=chiefst2000;4457505]Not bad thanks in large part to Apple, the company you were panning in your OP. We should all do backflips because the stockmarket has returned to 2008 levels? Between 1980 and 2000 the market went up 1500%. Between 2000 and 2012 we are up a staggering 0%.

Deamonizing business isn't the answer. Promoting it is.[/QUOTE]

How is looking into how businesses pay their taxes demonizing them? It makes sense that all itunes charges occur in Luxembourg.

kennyo7 · 05-02-2012, 01:55 PM

[QUOTE=Trades;4457121][B]America has the highest corporate tax rates in the world now.[/B] Is it surprising that companies would do what they can to protect their money especially considering that it is a world-wide company? I am sure if you were Apple's CEO or CFO you would be volunteering to pay as much as possible.[/QUOTE]

Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle.

Solution: Drop the tax rate and close all the loopholes.
Im sure the corporate reublicans will support that:rolleyes:

Trades · 05-02-2012, 02:00 PM

[QUOTE=kennyo7;4457554]Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle.

Solution: Drop the tax rate and close all the loopholes.
Im sure the corporate reublicans will support that:rolleyes:[/QUOTE]

If it goes along with doing the same for regular taxpayers I am all for it. Actually I would be for it either way.

JetPotato · 05-02-2012, 02:14 PM

[QUOTE=Trades;4457558]If it goes along with doing the same for regular taxpayers I am all for it. Actually I would be for it either way.[/QUOTE]

+1

Very few people would oppose this on the right. Opposition would come from the left with cries of "the GOP wants to lower taxes on the rich" :rolleyes:

SafetyBlitz · 05-02-2012, 02:26 PM

[QUOTE=kennyo7;4457554]Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle.

Solution: Drop the tax rate and close all the loopholes.
Im sure the corporate reublicans will support that:rolleyes:[/QUOTE]

[QUOTE=JetPotato;4457588]+1

Very few people would oppose this on the right. Opposition would come from the left with cries of "the GOP wants to lower taxes on the rich" :rolleyes:[/QUOTE]

Actually I think that has universal appeal whether on income or corporate tax, save one group - Lobbyists.

Don't think that's a left/right thing. Think that's just corruption and our broken campaign finance system.

Winstonbiggs · 05-02-2012, 02:47 PM

[QUOTE=JetPotato;4457588]+1

Very few people would oppose this on the right. Opposition would come from the left with cries of "the GOP wants to lower taxes on the rich" :rolleyes:[/QUOTE]

I don't know about the right but the Republicans in Congress including Paul Ryan couldn't identify one tax deduction that he would actually get rid of to flatten out the tax code.

Tax deductions for the most part have broad popular support. Congress is unlikely to take on any popular tax breaks to flatten the tax code.

Personally I think corporations should be taxed at extremely low rates. In a democracy the governments income should come primarily from the individual electorate with the exception of companies that are using Federal lands.

chiefst2000 · 05-02-2012, 03:11 PM

[QUOTE=kennyo7;4457554]Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle.

Solution: Drop the tax rate and close all the loopholes.
Im sure the corporate reublicans will support that:rolleyes:[/QUOTE]

Romney already proposed this type of reform for both corporate and personal taxes. Elliminate loopholes and broaden the base with revenue neutral changes. His proposal was called elitist, racist, only cares about rick people and corporations etc by the left.

JetPotato · 05-02-2012, 03:37 PM

[QUOTE=chiefst2000;4457709]Romney already proposed this type of reform for both corporate and personal taxes. Elliminate loopholes and broaden the base with revenue neutral changes. His proposal was called elitist, racist, only cares about rick people and corporations etc by the left.[/QUOTE]

Bingo.

Want to quickly completely eliminate all the corporate tax loopholes? Set the corporate tax rate at zero. Loopholes can exist on the books, but they won't mean a thing.

And while you're at it, bar corporations from making political contributions to candidates and their PACs.

Everybody wins.

parafly · 05-02-2012, 03:45 PM

- Eliminate corporate personhood status
- Eliminate all corporate tax loopholes
- Set flat corporate tax rates based on domestic workforce thresholds (0% when conditions are met, 35% when conditions are not met)

Winstonbiggs · 05-02-2012, 04:02 PM

[QUOTE=parafly;4457771]- Eliminate corporate personhood status
- Eliminate all corporate tax loopholes
- Set flat corporate tax rates based on domestic workforce thresholds (0% when conditions are met, 35% when conditions are not met)[/QUOTE]

Of course make the american consumer the tool of Big Labor.

parafly · 05-02-2012, 04:04 PM

[QUOTE=Winstonbiggs;4457790]Of course make the american consumer the tool of Big Labor.[/QUOTE]

Can you elaborate?

Winstonbiggs · 05-02-2012, 04:17 PM

[QUOTE=parafly;4457793]Can you elaborate?[/QUOTE]

I'm guessing if you punish companies that operate overseas from operating in the US through the tax code you are suggesting we use the tax code to protect US workers over US consumers. Seems like creating unfair trade practices to me and inflation.

southparkcpa · 05-02-2012, 04:50 PM

[QUOTE=kennyo7;4457554]Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle.

Solution: Drop the tax rate and close all the loopholes.
Im sure the corporate reublicans will support that:rolleyes:[/QUOTE]

I agree but democrats will NEVER have it. It would resemble a flat tax.

Flat tax is NOT progressive enough for liberals.

parafly · 05-02-2012, 04:52 PM

[QUOTE=Winstonbiggs;4457806]I'm guessing if you punish companies that operate overseas from operating in the US through the tax code you are suggesting we use the tax code to protect US workers over US consumers. Seems like creating unfair trade practices to me and inflation.[/QUOTE]

It's time to implement a much simpler tax code with incentives for hiring and rewarding American workers. I know it's not a completely free market solution, but in my opinion, there has never been a more critical time when American jobs need to be [b]reasonably[/b] protected.

In the coming decades, there will be billions of additional low cost workers entering the global workforce. Simply put, Americans will not be able to compete without taking a huge hit in wages and standard of living.

We're heading toward a future where the only jobs in America are service and infrastructure.

05-02-2012, 12:32 PM	#21
southparkcpa I see the 88 to 97 period all over again. Jets Insider VIP Join Date: Sep 2005 Location: NC Posts: 15,927	[QUOTE=Trades;4457147]They brag about it? Really? How about we consider what part of the blame American corporate tax policy has to do with the lack of corporate tax dollars and jobs there are in America. 2-way street isn't it or is it just the evil corporation's fault?[/QUOTE] Jobs in absolute terms , face to face, told OBAMA he could NOT bring jobs to America as we do not produce enough engineers capable of working at Apple. Yet these same people want to spend MORE on education and not address our falling math and science aptitude while education costs are the highest they have ever been. I'm sure OBAMA took that into consideration....:rolleyes: He is a pawn of the NEA.

05-02-2012, 12:50 PM	#22
greenwichjetfan All League Join Date: Jul 2005 Posts: 4,091	I'm having SUCH a hard time understanding exactly how a nation that was based on Capitalism and the pursuit of economic happiness, can accuse a corporation that is legally making money, of not being loyal americans.

05-02-2012, 01:14 PM	#23
Trades Jets Insider VIP Join Date: May 2004 Location: New Jersey Posts: 5,570	[QUOTE=greenwichjetfan;4457425]I'm having SUCH a hard time understanding exactly how a nation that was based on Capitalism and the pursuit of economic happiness, can accuse a corporation that is legally making money, of not being loyal americans.[/QUOTE] Didn't you hear? It isn't fair that they lucked into prosperity and they aren't paying their fair share.

05-02-2012, 01:18 PM	#24
greenwichjetfan All League Join Date: Jul 2005 Posts: 4,091	[QUOTE=southparkcpa;4457399]Jobs in absolute terms , face to face, told OBAMA he could NOT bring jobs to America as we do not produce enough engineers capable of working at Apple. Yet these same people want to spend MORE on education and not address our falling math and science aptitude while education costs are the highest they have ever been. I'm sure OBAMA took that into consideration....:rolleyes: He is a pawn of the NEA.[/QUOTE] I'm not sure if you're referencing this, but Bloomberg had a fantastic (and very very long) article on Apple about 6 months ago, and it detailed the meeting between Obama and Jobs that you're talking about.

05-02-2012, 01:22 PM	#25
cr726 Jets Insider VIP Join Date: Jan 2005 Posts: 13,542	[QUOTE=chiefst2000;4457388]It's funny but most people don't understand one basic truth. [B][SIZE="6"]The stock market is the single greatest creator of wealth in our society.[/SIZE][/B] The current fiscal problems in most states and localities and the stagnant economy in general is in a large part due to the lack of growth in stocks over the past 12+ years. A robust stock market literally helps every single American from the poorest to the richest. A robust stock market solves virtually every fiscal problem we have in America. It can lift people out of poverty and lift middle class to upper middle class. Etc. Corporations represent our financial power. Government should be promoting American businesses and Corporations not stifling them. Legislators should ask themselves if the legislation they are writing will have a strong negative impact on corporations. If it does they should change it.[/QUOTE] How has the Stock Market been the last year?

05-02-2012, 01:32 PM	#26
chiefst2000 Champion of Common Sense All Pro Join Date: Mar 2004 Posts: 5,891	[QUOTE=cr726;4457488]How has the Stock Market been the last year?[/QUOTE] Not bad thanks in large part to Apple, the company you were panning in your OP. We should all do backflips because the stockmarket has returned to 2008 levels? Between 1980 and 2000 the market went up 1500%. Between 2000 and 2012 we are up a staggering 0%. Deamonizing business isn't the answer. Promoting it is.

05-02-2012, 01:37 PM	#27
cr726 Jets Insider VIP Join Date: Jan 2005 Posts: 13,542	[QUOTE=chiefst2000;4457505]Not bad thanks in large part to Apple, the company you were panning in your OP. We should all do backflips because the stockmarket has returned to 2008 levels? Between 1980 and 2000 the market went up 1500%. Between 2000 and 2012 we are up a staggering 0%. Deamonizing business isn't the answer. Promoting it is.[/QUOTE] How is looking into how businesses pay their taxes demonizing them? It makes sense that all itunes charges occur in Luxembourg.

05-02-2012, 01:55 PM	#28
kennyo7 All Pro Join Date: Mar 2005 Posts: 7,417	[QUOTE=Trades;4457121][B]America has the highest corporate tax rates in the world now.[/B] Is it surprising that companies would do what they can to protect their money especially considering that it is a world-wide company? I am sure if you were Apple's CEO or CFO you would be volunteering to pay as much as possible.[/QUOTE] Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle. Solution: Drop the tax rate and close all the loopholes. Im sure the corporate reublicans will support that:rolleyes:

05-02-2012, 02:00 PM	#29
Trades Jets Insider VIP Join Date: May 2004 Location: New Jersey Posts: 5,570	[QUOTE=kennyo7;4457554]Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle. Solution: Drop the tax rate and close all the loopholes. Im sure the corporate reublicans will support that:rolleyes:[/QUOTE] If it goes along with doing the same for regular taxpayers I am all for it. Actually I would be for it either way.

05-02-2012, 02:14 PM	#30
JetPotato fermenting Hall Of Fame Join Date: Sep 2005 Location: New York, NY Posts: 12,209	[QUOTE=Trades;4457558]If it goes along with doing the same for regular taxpayers I am all for it. Actually I would be for it either way.[/QUOTE] +1 Very few people would oppose this on the right. Opposition would come from the left with cries of "the GOP wants to lower taxes on the rich" :rolleyes:

05-02-2012, 02:26 PM	#31
SafetyBlitz Veteran Join Date: Jan 2009 Posts: 1,997	[QUOTE=kennyo7;4457554]Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle. Solution: Drop the tax rate and close all the loopholes. Im sure the corporate reublicans will support that:rolleyes:[/QUOTE] [QUOTE=JetPotato;4457588]+1 Very few people would oppose this on the right. Opposition would come from the left with cries of "the GOP wants to lower taxes on the rich" :rolleyes:[/QUOTE] Actually I think that has universal appeal whether on income or corporate tax, save one group - Lobbyists. Don't think that's a left/right thing. Think that's just corruption and our broken campaign finance system.

05-02-2012, 02:47 PM	#32
Winstonbiggs Jets Insider VIP Join Date: Aug 2005 Posts: 13,105	[QUOTE=JetPotato;4457588]+1 Very few people would oppose this on the right. Opposition would come from the left with cries of "the GOP wants to lower taxes on the rich" :rolleyes:[/QUOTE] I don't know about the right but the Republicans in Congress including Paul Ryan couldn't identify one tax deduction that he would actually get rid of to flatten out the tax code. Tax deductions for the most part have broad popular support. Congress is unlikely to take on any popular tax breaks to flatten the tax code. Personally I think corporations should be taxed at extremely low rates. In a democracy the governments income should come primarily from the individual electorate with the exception of companies that are using Federal lands.

05-02-2012, 03:11 PM	#33
chiefst2000 Champion of Common Sense All Pro Join Date: Mar 2004 Posts: 5,891	[QUOTE=kennyo7;4457554]Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle. Solution: Drop the tax rate and close all the loopholes. Im sure the corporate reublicans will support that:rolleyes:[/QUOTE] Romney already proposed this type of reform for both corporate and personal taxes. Elliminate loopholes and broaden the base with revenue neutral changes. His proposal was called elitist, racist, only cares about rick people and corporations etc by the left.

05-02-2012, 03:37 PM	#34
JetPotato fermenting Hall Of Fame Join Date: Sep 2005 Location: New York, NY Posts: 12,209	[QUOTE=chiefst2000;4457709]Romney already proposed this type of reform for both corporate and personal taxes. Elliminate loopholes and broaden the base with revenue neutral changes. His proposal was called elitist, racist, only cares about rick people and corporations etc by the left.[/QUOTE] Bingo. Want to quickly completely eliminate all the corporate tax loopholes? Set the corporate tax rate at zero. Loopholes can exist on the books, but they won't mean a thing. And while you're at it, bar corporations from making political contributions to candidates and their PACs. Everybody wins.

05-02-2012, 03:45 PM	#35
parafly so why side with anything? All Pro Join Date: Aug 2006 Location: Colorado Posts: 6,315	- Eliminate corporate personhood status - Eliminate all corporate tax loopholes - Set flat corporate tax rates based on domestic workforce thresholds (0% when conditions are met, 35% when conditions are not met)

05-02-2012, 04:02 PM	#36
Winstonbiggs Jets Insider VIP Join Date: Aug 2005 Posts: 13,105	[QUOTE=parafly;4457771]- Eliminate corporate personhood status - Eliminate all corporate tax loopholes - Set flat corporate tax rates based on domestic workforce thresholds (0% when conditions are met, 35% when conditions are not met)[/QUOTE] Of course make the american consumer the tool of Big Labor.

05-02-2012, 04:04 PM	#37
parafly so why side with anything? All Pro Join Date: Aug 2006 Location: Colorado Posts: 6,315	[QUOTE=Winstonbiggs;4457790]Of course make the american consumer the tool of Big Labor.[/QUOTE] Can you elaborate?

05-02-2012, 04:17 PM	#38
Winstonbiggs Jets Insider VIP Join Date: Aug 2005 Posts: 13,105	[QUOTE=parafly;4457793]Can you elaborate?[/QUOTE] I'm guessing if you punish companies that operate overseas from operating in the US through the tax code you are suggesting we use the tax code to protect US workers over US consumers. Seems like creating unfair trade practices to me and inflation.

05-02-2012, 04:50 PM	#39
southparkcpa I see the 88 to 97 period all over again. Jets Insider VIP Join Date: Sep 2005 Location: NC Posts: 15,927	[QUOTE=kennyo7;4457554]Thats misleading when you consider that america has the most tax loopholes. When you consider the loopholes, our corporate tax rate is smack in the middle. Solution: Drop the tax rate and close all the loopholes. Im sure the corporate reublicans will support that:rolleyes:[/QUOTE] I agree but democrats will NEVER have it. It would resemble a flat tax. Flat tax is NOT progressive enough for liberals.

05-02-2012, 04:52 PM	#40
parafly so why side with anything? All Pro Join Date: Aug 2006 Location: Colorado Posts: 6,315	[QUOTE=Winstonbiggs;4457806]I'm guessing if you punish companies that operate overseas from operating in the US through the tax code you are suggesting we use the tax code to protect US workers over US consumers. Seems like creating unfair trade practices to me and inflation.[/QUOTE] It's time to implement a much simpler tax code with incentives for hiring and rewarding American workers. I know it's not a completely free market solution, but in my opinion, there has never been a more critical time when American jobs need to be [b]reasonably[/b] protected. In the coming decades, there will be billions of additional low cost workers entering the global workforce. Simply put, Americans will not be able to compete without taking a huge hit in wages and standard of living. We're heading toward a future where the only jobs in America are service and infrastructure.