Biden: Wealthy Americans Must Pay More Taxes to Show Patriotism

[jco1385 5,000+ posts]

black is overrated. he is dark brown

 

[Banana Balls 5,000+ posts]

Holy shit! Does the press know?

Dunno. I don't watch the news. //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif

 

[MikeofTulsa Moderator]

wow, figured the democrats had more fight in em.

 

[jco1385 5,000+ posts]

orange balllllllllzzzzzzzzzzzzz

 

[jco1385 5,000+ posts]

i'm sorry. excuse me

 

[duece212 5,000+ posts]

wow, figured the democrats had more fight in em.

We have Jesus on our side....we can't lose

 

[jco1385 5,000+ posts]

We have Jesus on our side....we can't lose

who?

 

[Banana Balls 5,000+ posts]

who?

The republicans. Democrats don't beleive in god.

 

[jco1385 5,000+ posts]

who?

 

[duece212 5,000+ posts]

who?

Mike Jones

 

[Rashaddd 5,000+ posts]

wrong. what Im saying is that because they already make x amount of money, what reason is there for them to suddenly make less money. take a factory with an assembly line for example. losing one person will only make it so the other people will have to work a little bit harder to achieve the same output.maybe there will be a little less product produced, but because we are in a recession not as much product needs to be produced because there is not as great of a demand

Right there, its demand, how much someone can sell, that dictates how much they will try to make (can go both ways). Businesses then hire ENOUGH people to create the output they want. Like I agreed, for small businesses, this means that increased taxes can have major effects, but for big businesses who already make ridiculous profits, all it means is they don't get to keep quite as much of it. If the business wasn't benefiting from that one extra employee, they'd fire him (or not have hired him in the first place), regardless of taxes...

Businesses don't hire based on whether they can afford to, they hire based on whether they will GAIN from it. Nobody pays someone 100k a year to make them 80k

 

[jco1385 5,000+ posts]

Mike Jones

oh

 

[duece212 5,000+ posts]

Right there, its demand, how much someone can sell, that dictates how much they will try to make (can go both ways). Businesses then hire ENOUGH people to create the output they want. Like I agreed, for small businesses, this means that increased taxes can have major effects, but for big businesses who already make ridiculous profits, all it means is they don't get to keep quite as much of it. If the business wasn't benefiting from that one extra employee, they'd fire him (or not have hired him in the first place), regardless of taxes...
Businesses don't hire based on whether they can afford to, they hire based on whether they will GAIN from it. Nobody pays someone 100k a year to make them 80k

Wrong...increased taxes to corporations hits their bottom line. They want to keep their profits steady or grow them, especially if they are looking for wallstreet to give them positive attention.

If a corporation is taxed more they will lay off employees or cut benefits until their bottom line is back to where it was. Taxing corporations will only hurt the employee. When a corp takes a new expense it usually goes on the backs of the employees...I've seen it done many a time.

 

[Rashaddd 5,000+ posts]

Wrong...increased taxes to corporations hits their bottom line. They want to keep their profits steady or grow them, especially if they are looking for wallstreet to give them positive attention.
If a corporation is taxed more they will lay off employees or cut benefits until their bottom line is back to where it was. Taxing corporations will only hurt the employee. When a corp takes a new expense it usually goes on the backs of the employees...I've seen it done many a time.

So what happens when they lay off people? They lose productivity, and lose profits, so why not just layoff someone everyday until they end up with just the owner left, making huge profits because he doesn't have to pay any salaries? Obviously its not a linear thing, and each additional employee gives less and less marginal benefit, but if they are already over the break even point, they'd have started firing people already

 

[jco1385 5,000+ posts]

you got some change i can get? i'm trying to get some KFC original chicken strips for $3.99