francoHFW
Diamond Member
Obama gave the middle class a payroll tax cut in 2009 just as high a percentage as Trump's tax cuts and nothing for the bloated lying cheating GOP rich...Liberals are highly in favor of helping the middle class and small business but don't see why the big tax cuts go to the rich and giant corporations that are bloated beyond all recognition by lack of taxes.. How does the government taking more from the rich help small businesses start up or survive today ?? Are we using government to pick winners and losers when it decides to shift wealth over to whatever or over to small businesses, and as soon as it does so, and in so many cases these day's, don't such businesses end up failing within 3 years tops ? Then what ?? Oh I know, and then it (the government) decides to fund and promote every kind of other bullcrap known to modern man, but these things end up being huge failures just as well.Well, if the govt takes more from the rich, it means smaller businesses will be more competitive, which means some blue collar workers might get the chance to successfully start their own business. It'll also mean that recessions won't be as strong which means there's more of a chance you'll not end up unemployed for years at a time.
Just like the states where state government can come up with multiple schemes or ideas to raise revenue for roads, bridges and there repairs for example, but just check back with those states years later, and the roads and bridges are still failing, and there is never enough money to do the jobs....... So the bullcrap tax schemes continue without any fiscal responsibility to be found anywhere in sight.
I have seen budgets added to or funded for road jobs, but the road crews are then directed to paving back roads way out in the rural & way out of sight, while in the meantime the main roads, and the heavily traveled roads are left in disrepair in order to make claims on and on that more money is needed, and more money is needed.
It never ends, and important progress is minimal at best. Pathetic !!
The biggest way big business wins is each different part of the US competing against every other part. The EU has basically banned this. It's said you can choose a tax rate system and you have to stick to it, otherwise big business will simply play divide and conquer.
Companies like Amazon will literally go around the country and say "who's willing to give us money for setting up shop here?" and they do. The jobs would stay in the US no matter what, however the money goes to Amazon when it shouldn't.
Imagine this.
You run a small business with a profit of $100,000 a year.
Then big business arrives in town, and you have competition. But the big business arrives without having to pay tax for five years. Their prices are lower than yours because they're not paying tax.
So your $100,000 drops because you have to drop prices down to the lowest level you can realistically afford to stay in business. This still isn't enough. Half your customers go shop at the large company. This means you're making no profit at all. The city is making less in taxers because you're paying half taxes you were paying before or less, and the other company isn't paying taxes at all.
Along the way other companies fail and yours will too. Meaning the larger company has taken all the customers by the end of the five year period, then renegotiates a nice sweet deal because they can't afford to see this company leave any more because it provides too many jobs.
How does this benefit anyone other than the rich?
Then big business arrives in town, and you have competition. But the big business arrives without having to pay tax for five years. Their prices are lower than yours because they're not paying tax.
Wait one minute.....are you saying lower taxes allow businesses to lower their prices?
Don't tell the liberals....
Liberals are highly in favor of helping the middle class and small business
That's so good to hear.
When was the last time Dems gave the middle class and small business a tax cut?