San Francisco voters approve new taxes for wealthy CEOs and tech companies

[Beef_Supreme]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

Once again, government creates a problem and people want government to “fix” the problem.
We need to stop importing people from other countries to do the jobs here for less.
the H1B visa system is abused constantly and undercuts wages here. Computer and tech jobs paid great, until we opened the flood gates to bring foreignors in to do these jobs for less. We helped bump corporate profits and screwed the working American, again.
The illegal and legal Immigration system undercuts American wages.
We are importing a significant part of the problem.
The outsourcing you are talking about... when it comes to manufacturing this is often again caused by regulations. You make it to expensive or difficult to do business here, build factories, etc and companies move off shore.
How about we stop doing that?
And how about offering tax incentives for companies to hire American, or pay Americans more? I don’t know, something like a company has the option to either pay its corporate tax Bill, or it can give that same amount of money to its American employees as bonuses instead of paying the tax?

 

[Beef_Supreme]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

If a city raises taxes on the bosses, the bosses are being forced to lower other people's wages so they will have enough money to pay the new tax.

Why not raise the minimum wage instead? Higher paid labor creates more in demand and generates more in tax revenue.

Why not raise the minimum wage to $100 an hour? Everyone can be rich!!!
Artificially easing wages causes prices to rise with business who can pass on the cost (McDonald’s, lawn care, stores, etc). For small businesses that can’t pass on the cost, like a doctors office that can’t charge insurance companies more due to fixed reimbursements and fee schedules, it hurts the business.

 

[Aletheia4u]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

It is an excuse for Big Tech to move to China.


For years, Apple has held billions of dollars of cash overseas and insisted it won’t bring it home until the US gives it a better deal on the taxes it would have to pay to repatriate the funds. As of 2017, that cash pile had grown to an astonishing $252 billion. Now that lawmakers have passed a $1.5 trillion tax cut that primarily benefits corporations and the wealthy, Apple sees its chance to go forward with bringing that cash home before anyone changes their mind. According to Apple’s announcement, it’ll pay a one time tax of $38 billion. It will also build a new campus in an unannounced location, and create 20,000 new jobs.

Apple Successfully Avoids $50 Billion in American Taxes

Apple, the world’s most valuable company, has always proudly trumpeted its California roots. But the most American of all tech companies has never been a fan of paying back into the system that facilitated its success. On Wednesday, it announced that now that the US government has sufficiently...

gizmodo.com

https://www.cnbc.com/2019/09/01/trump-ordered-us-firms-to-ditch-china-but-many-already-have.html

Apple moving production of U.S.-built Mac Pro computer to China

The disclosure comes after the company last week said it may move 30% of production out of China

www.cbsnews.com

.

GM now has more workers in China than UAW employees in the U.S.

President Trump is again picking on a favorite corporate target, urging the Detroit automaker to bring jobs home

www.cbsnews.com

 

[initforme]

CEOs are paid alot of money for golfing every day. Unreal

 

[Godboy]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

They "did the right thing"? People are leaving there in droves you retard. Literally millions of liberals are leaving California for red states. I bet those morons vote blue when they get to the red states too. Are there any people dumber than liberals in the US?

 

[danielpalos]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

If a city raises taxes on the bosses, the bosses are being forced to lower other people's wages so they will have enough money to pay the new tax.

Why not raise the minimum wage instead? Higher paid labor creates more in demand and generates more in tax revenue.

Because it will just increase costs and thus eliminate any benefit?

Wages merely need to beat inflation on an Institutional basis.

Wow, talk about deluded reasoning. Increasing costs without increasing productivity leads to inflation and elimination of any increase in wages, which requires wage increases which increases costs without increasing productivity, and the cycle continues.

In right wing fantasy and a vacuum of special pleading of micro-economics, you are Always Right.

In real world economics, externalities to capitalism must still be recognized and accounted for. Macro-economics helps with that.

Government Costs. Right wingers have no problem passing costs to the public sector for their bottom line.

Did you know that higher paid labor can create more in demand and generate more in federal income tax revenue?

 

[danielpalos]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

Once again, government creates a problem and people want government to “fix” the problem.
We need to stop importing people from other countries to do the jobs here for less.
the H1B visa system is abused constantly and undercuts wages here. Computer and tech jobs paid great, until we opened the flood gates to bring foreignors in to do these jobs for less. We helped bump corporate profits and screwed the working American, again.
The illegal and legal Immigration system undercuts American wages.
We are importing a significant part of the problem.
The outsourcing you are talking about... when it comes to manufacturing this is often again caused by regulations. You make it to expensive or difficult to do business here, build factories, etc and companies move off shore.
How about we stop doing that?
And how about offering tax incentives for companies to hire American, or pay Americans more? I don’t know, something like a company has the option to either pay its corporate tax Bill, or it can give that same amount of money to its American employees as bonuses instead of paying the tax?

lol. More like Right Wingers create the problem and then expect to be bailed out for being too rich to fail; and have no moral qualms about simply being Hypocrites (unto God) regarding the Poor.

 

[danielpalos]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

If a city raises taxes on the bosses, the bosses are being forced to lower other people's wages so they will have enough money to pay the new tax.

Why not raise the minimum wage instead? Higher paid labor creates more in demand and generates more in tax revenue.

Why not raise the minimum wage to $100 an hour? Everyone can be rich!!!
Artificially easing wages causes prices to rise with business who can pass on the cost (McDonald’s, lawn care, stores, etc). For small businesses that can’t pass on the cost, like a doctors office that can’t charge insurance companies more due to fixed reimbursements and fee schedules, it hurts the business.

Wages merely need to beat Inflation on an institutional basis. Right wingers would prefer no minimum wages to keep prices low and Require a work ethic to keep profits high. And, they always claim they are not really like that, afterward.

 

[danielpalos]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

It is an excuse for Big Tech to move to China.


For years, Apple has held billions of dollars of cash overseas and insisted it won’t bring it home until the US gives it a better deal on the taxes it would have to pay to repatriate the funds. As of 2017, that cash pile had grown to an astonishing $252 billion. Now that lawmakers have passed a $1.5 trillion tax cut that primarily benefits corporations and the wealthy, Apple sees its chance to go forward with bringing that cash home before anyone changes their mind. According to Apple’s announcement, it’ll pay a one time tax of $38 billion. It will also build a new campus in an unannounced location, and create 20,000 new jobs.

Apple Successfully Avoids $50 Billion in American Taxes

Apple, the world’s most valuable company, has always proudly trumpeted its California roots. But the most American of all tech companies has never been a fan of paying back into the system that facilitated its success. On Wednesday, it announced that now that the US government has sufficiently...

gizmodo.com

https://www.cnbc.com/2019/09/01/trump-ordered-us-firms-to-ditch-china-but-many-already-have.html

Apple moving production of U.S.-built Mac Pro computer to China

The disclosure comes after the company last week said it may move 30% of production out of China

www.cbsnews.com

.

GM now has more workers in China than UAW employees in the U.S.

President Trump is again picking on a favorite corporate target, urging the Detroit automaker to bring jobs home

www.cbsnews.com

Congress could simply enact a tariff on Firms moving overseas for Cheap Labor for the difference in labor prices and the tax revenue we would be getting domestically.

 

[danielpalos]

CEOs are paid alot of money for golfing every day. Unreal

In right wing fantasy, the Richest really are worth it under Capitalism. Only the Poor are worth-less.

 

[Cellblock2429]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

/——-/ The accountants are working overtime to get around this socialist money grab.

 

[P F Tinmore]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

Just say goodbuy and don't expect to sell your stuff here.

 

[wamose]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

Some on the left believe we should be raising the minimum wage so more people can pay more taxes. Labor must be able to afford our first economy anyway.

Some on the right believe that we should deport illegal aliens and that would result in lower unemployment and higher wages.

 

[Polishprince]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

It is an excuse for Big Tech to move to China.


For years, Apple has held billions of dollars of cash overseas and insisted it won’t bring it home until the US gives it a better deal on the taxes it would have to pay to repatriate the funds. As of 2017, that cash pile had grown to an astonishing $252 billion. Now that lawmakers have passed a $1.5 trillion tax cut that primarily benefits corporations and the wealthy, Apple sees its chance to go forward with bringing that cash home before anyone changes their mind. According to Apple’s announcement, it’ll pay a one time tax of $38 billion. It will also build a new campus in an unannounced location, and create 20,000 new jobs.

Apple Successfully Avoids $50 Billion in American Taxes

Apple, the world’s most valuable company, has always proudly trumpeted its California roots. But the most American of all tech companies has never been a fan of paying back into the system that facilitated its success. On Wednesday, it announced that now that the US government has sufficiently...

gizmodo.com

https://www.cnbc.com/2019/09/01/trump-ordered-us-firms-to-ditch-china-but-many-already-have.html

Apple moving production of U.S.-built Mac Pro computer to China

The disclosure comes after the company last week said it may move 30% of production out of China

www.cbsnews.com

.

GM now has more workers in China than UAW employees in the U.S.

President Trump is again picking on a favorite corporate target, urging the Detroit automaker to bring jobs home

www.cbsnews.com

Congress could simply enact a tariff on Firms moving overseas for Cheap Labor for the difference in labor prices and the tax revenue we would be getting domestically.

So you libs are in favor of a Trade War? I heard a lot of opposition to the Trump tariffs against Red China.

 

[Beef_Supreme]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

They "did the right thing"? People are leaving there in droves you retard. Literally millions of liberals are leaving California for red states. I bet those morons vote blue when they get to the red states too. Are there any people dumber than liberals in the US?

They are like locusts. They consume every resource and destroy their location, then see greener pastures and move to them... and destroy them.

 

[Beef_Supreme]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

If a city raises taxes on the bosses, the bosses are being forced to lower other people's wages so they will have enough money to pay the new tax.

Why not raise the minimum wage instead? Higher paid labor creates more in demand and generates more in tax revenue.

Because it will just increase costs and thus eliminate any benefit?

Wages merely need to beat inflation on an Institutional basis.

Wow, talk about deluded reasoning. Increasing costs without increasing productivity leads to inflation and elimination of any increase in wages, which requires wage increases which increases costs without increasing productivity, and the cycle continues.

In right wing fantasy and a vacuum of special pleading of micro-economics, you are Always Right.

In real world economics, externalities to capitalism must still be recognized and accounted for. Macro-economics helps with that.

Government Costs. Right wingers have no problem passing costs to the public sector for their bottom line.

Did you know that higher paid labor can create more in demand and generate more in federal income tax revenue?

Externalities to capitalism? You mean like importing labor that undercuts wages here?
And yes, corporations look to pass on their expenses to the tax payer. I’m completely against that. That’s exactly what they do when they get government to import cheap labor. The drop the wages they can pay. They cut benefits. Often times wages are now shit, and people making these wages qualify for welfare benefits of one form or the other.
stop Importing cheap labor.

 

[martybegan]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

If a city raises taxes on the bosses, the bosses are being forced to lower other people's wages so they will have enough money to pay the new tax.

Why not raise the minimum wage instead? Higher paid labor creates more in demand and generates more in tax revenue.

Because it will just increase costs and thus eliminate any benefit?

Wages merely need to beat inflation on an Institutional basis.

Wow, talk about deluded reasoning. Increasing costs without increasing productivity leads to inflation and elimination of any increase in wages, which requires wage increases which increases costs without increasing productivity, and the cycle continues.

In right wing fantasy and a vacuum of special pleading of micro-economics, you are Always Right.

In real world economics, externalities to capitalism must still be recognized and accounted for. Macro-economics helps with that.

Government Costs. Right wingers have no problem passing costs to the public sector for their bottom line.

Did you know that higher paid labor can create more in demand and generate more in federal income tax revenue?

Dude, you are the worst word assassin on this board.

Cut back the jargon and try to have an actual fucking point for once in your life.

 

[22lcidw]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

The people of San Francisco did the right thing.

Something needs to be done about the huge wage gap.

Business certainly isn't going to do it. If they didn't like paying low wages while the executives and ceos make millions, they would be paying their employees a better wage and lower the wages of people at the top. I would include a huge penalty for those companies that leave the area or outsource.

This or something like this needs to be implemented nation wide.

I would use all the revenue to pay down the deficit and if the deficit is ever eliminated again, start paying down the debt.

Business has been given billions hand over fist. It didn't stop them from leaving America. They have gotten deregulations for decades. That didn't stop them from leaving America.

In fact, all it did was encourage them to leave America.

It should be illegal for any corporation that is making billions or trillions of dollars to not pay a penny in federal income taxes.

We need to make it much more expensive and destructive for companies to leave America. Hit them with huge tax penalties for decades. Require them to create twice as many jobs as they take out of America and jobs that pay much better with much better benefits than what is offered to those in other nations.

That is what will keep jobs in America. Not showering them with tax cuts, deregulations and huge welfare in "subsidies" from the government.

If a city raises taxes on the bosses, the bosses are being forced to lower other people's wages so they will have enough money to pay the new tax.

Why not raise the minimum wage instead? Higher paid labor creates more in demand and generates more in tax revenue.

Because it will just increase costs and thus eliminate any benefit?

Wages merely need to beat inflation on an Institutional basis.

Wow, talk about deluded reasoning. Increasing costs without increasing productivity leads to inflation and elimination of any increase in wages, which requires wage increases which increases costs without increasing productivity, and the cycle continues.

In right wing fantasy and a vacuum of special pleading of micro-economics, you are Always Right.

In real world economics, externalities to capitalism must still be recognized and accounted for. Macro-economics helps with that.

Government Costs. Right wingers have no problem passing costs to the public sector for their bottom line.

Did you know that higher paid labor can create more in demand and generate more in federal income tax revenue?

The Social Welfare Government Programs are an Institutionalized Industry today. And have been for a while. People scam the system. There is a lot of it and the government does nothing about it. Local areas raise taxes more and more as the depravity expands. And there are people who want to get out of it but are swamped by those who have gotten a cut of the living provided by the Social Welfare systems. So in the poorer areas they will demand improvements to all the infrastructure, but keep the building of other things to a minimum as to not ignite fears of improvements in the neighborhood that may lead eventually to gentrification. They know the deal and it is comfortable for those who play it right.

 

[danielpalos]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

Some on the left believe we should be raising the minimum wage so more people can pay more taxes. Labor must be able to afford our first economy anyway.

Some on the right believe that we should deport illegal aliens and that would result in lower unemployment and higher wages.

How much does that Big Government nanny-State cost, right wingers? Or are you all just Hoaxes who actually prefer more socialism on a national and international basis every time it comes up.

 

[danielpalos]

San Francisco voters approve new taxes for wealthy CEOs and tech companies

Any company whose top executive earns 100 times or more than their average worker will pay a surcharge under new law

www.theguardian.com

This should be in the GOP platform

It is an excuse for Big Tech to move to China.


For years, Apple has held billions of dollars of cash overseas and insisted it won’t bring it home until the US gives it a better deal on the taxes it would have to pay to repatriate the funds. As of 2017, that cash pile had grown to an astonishing $252 billion. Now that lawmakers have passed a $1.5 trillion tax cut that primarily benefits corporations and the wealthy, Apple sees its chance to go forward with bringing that cash home before anyone changes their mind. According to Apple’s announcement, it’ll pay a one time tax of $38 billion. It will also build a new campus in an unannounced location, and create 20,000 new jobs.

Apple Successfully Avoids $50 Billion in American Taxes

Apple, the world’s most valuable company, has always proudly trumpeted its California roots. But the most American of all tech companies has never been a fan of paying back into the system that facilitated its success. On Wednesday, it announced that now that the US government has sufficiently...

gizmodo.com

https://www.cnbc.com/2019/09/01/trump-ordered-us-firms-to-ditch-china-but-many-already-have.html

Apple moving production of U.S.-built Mac Pro computer to China

The disclosure comes after the company last week said it may move 30% of production out of China

www.cbsnews.com

.

GM now has more workers in China than UAW employees in the U.S.

President Trump is again picking on a favorite corporate target, urging the Detroit automaker to bring jobs home

www.cbsnews.com

Congress could simply enact a tariff on Firms moving overseas for Cheap Labor for the difference in labor prices and the tax revenue we would be getting domestically.

So you libs are in favor of a Trade War? I heard a lot of opposition to the Trump tariffs against Red China.

lol. No. Our welfare clause is General and we have a Commerce Clause in particular that implies market friendly public policies. It is not a trade war to ensure the private sector has no incentive to go overseas merely for Cheap Labor in our first world economy.