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Corporations and Big business

aplusmnt

Well-known member
I constantly here people on here and elsewhere talking about Corporations and big business like they are some evil empire.

Please explain, because I just don't get it!

Seems if you look at jobs and middle class the Big Corporations are those providing people with jobs. Around my area besides Wal-Mart the bigger the the corporation the more money the average Joe makes.

The bigger the corporation the more benefits people around here seem to get.

Take away big corporations in America and look at where would we be?

Compare it to the Agriculture industry, we take pride in that but does Ranchers pay their hired hands as much as General Motors does? Do people picking tomatoes make as much as those working for Microsoft?

Do heads of Corporations make tons of money? Yes and maybe this is the problem it is human nature to be envious and jealous. To me Bill Gates making billions is a good thing, he will spend and invest in what will help middle class America, not to mention serve as an example of those that wish to strive for the American dream.

Please explain to me how these corporations are so evil when they are the biggest reason people have food on their tables and roofs over their heads. They are the reason most peoples kids have Xboxes, cell phones, cable TV, Microwaves, multiple cars and eat Pizza Hut 3 times a week.
 

Tex

Well-known member
aplusmnt said:
I constantly here people on here and elsewhere talking about Corporations and big business like they are some evil empire.

Please explain, because I just don't get it!

Seems if you look at jobs and middle class the Big Corporations are those providing people with jobs. Around my area besides Wal-Mart the bigger the the corporation the more money the average Joe makes.

The bigger the corporation the more benefits people around here seem to get.

Take away big corporations in America and look at where would we be?

Compare it to the Agriculture industry, we take pride in that but does Ranchers pay their hired hands as much as General Motors does? Do people picking tomatoes make as much as those working for Microsoft?

Do heads of Corporations make tons of money? Yes and maybe this is the problem it is human nature to be envious and jealous. To me Bill Gates making billions is a good thing, he will spend and invest in what will help middle class America, not to mention serve as an example of those that wish to strive for the American dream.

Please explain to me how these corporations are so evil when they are the biggest reason people have food on their tables and roofs over their heads. They are the reason most peoples kids have Xboxes, cell phones, cable TV, Microwaves, multiple cars and eat Pizza Hut 3 times a week.

Not all corporations are in the same category, aplus. There are a ton of them who are doing the right thing, and making a profit and have ethical management. They have to compete with the "cheaters" which makes them have the urge to cheat themselves just to stay in business.

I for one don't want you to get the idea that I think all corporations are evil. They are nothing more than a group of people who have invested together to provide a product and their return on in investment is their reward.

When they use their amassed wealth to alter the rules of the game in their favor or to get rights or privileges because of this wealth or might and it being able to influence legislators, something is wrong. They don't all do it, but more and more of them do.

Corporations have a legal edge on most of us. They can operate fraudulently and only be held responsible to the degree of their capital left in the business, for the most part. This protects upper management and investors from losing their earnings even if they are earned by being fraudulent in the market.


The Supreme Court just gave them additional rights or privileges with their new ruling on investors being able to go after companies that help other companies commit fraud, such as the Enron case--Arthur Anderson and their fraud accounting, for instance.

Many people are upset that our govt. is giving such rights to corporations. It undermines our economy when people can not be held accountable just because they have lawyers who can use corporate law and court cases to protect their wealth when they are the ones responsible for these frauds.

The Supreme Court seems to be as sold out as the politicians who appointed them.

Bill Gates has kept his market position in part, by not opening his operating system up for others to use--ie products that can be run under his operating system--without paying him for it. It increases the costs of additional programs when he controls so much of the market with his operating system. The Europeans have fined him for such monopolistic practices. They want any company to be able to make up software without having to kiss the ring finger of Bill Gates. He will have to open his system up over there so other companies than just microsoft can use that operating system to run their programs. Bill Gates has used his operating system to keep out other competitors who might be interested in programs like Microsoft Office or that keep Bill Gates in the loop about other products that might be economically viable so his company can make the money on them, not some other entrepreneur.
 

Mike

Well-known member
Small Business is the Driving Force of the US Economy. Not large corporations.

**********************************************
How important are small businesses to
the U.S. economy?
Small firms:
• Represent 99.7 percent of all employer firms.
• Employ about half of all private sector employees.
• Pay more than 45 percent of total U.S. private payroll.
• Have generated 60 to 80 percent of net new jobs annually
over the last decade.
• Create more than half of nonfarm private gross domestic
product (GDP).
• Supplied 22.8 percent of the total value of federal prime
contracts in FY 2006.
• Hire 40 percent of high tech workers (such as scientists,
engineers, and computer workers).
• Are 52 percent home-based and 2 percent franchises.
• Made up 97 percent of all identifi ed exporters and produced
28.6 percent of the known export value in FY 2004.
• Small innovative fi rms produce 13 times more patents
per employee than large patenting fi rms, and their patents
are twice as likely as large fi rm patents to be among the one
percent most cited.
Source: U.S. Dept. of Commerce, Bureau of the Census; Advocacy-funded
research by Kathryn Kobe, 2007 (www.sba.gov/advo/research/rs299tot.
pdf); Federal Procurement Data System; Advocacy-funded research by CHI
Research, 2003 (www.sba.gov/advo/research/rs225tot.pdf); U.S. Dept. of
Labor, Bureau of Labor Statistics, Current Population Survey; U.S. Dept. of
Commerce, International Trade Administration.
 

aplusmnt

Well-known member
Mike said:
Small Business is the Driving Force of the US Economy. Not large corporations.

**********************************************
How important are small businesses to
the U.S. economy?
Small firms:
• Represent 99.7 percent of all employer firms.
• Employ about half of all private sector employees.
• Pay more than 45 percent of total U.S. private payroll.
• Have generated 60 to 80 percent of net new jobs annually
over the last decade.
• Create more than half of nonfarm private gross domestic
product (GDP).
• Supplied 22.8 percent of the total value of federal prime
contracts in FY 2006.
• Hire 40 percent of high tech workers (such as scientists,
engineers, and computer workers).
• Are 52 percent home-based and 2 percent franchises.
• Made up 97 percent of all identifi ed exporters and produced
28.6 percent of the known export value in FY 2004.
• Small innovative fi rms produce 13 times more patents
per employee than large patenting fi rms, and their patents
are twice as likely as large fi rm patents to be among the one
percent most cited.
Source: U.S. Dept. of Commerce, Bureau of the Census; Advocacy-funded
research by Kathryn Kobe, 2007 (www.sba.gov/advo/research/rs299tot.
pdf); Federal Procurement Data System; Advocacy-funded research by CHI
Research, 2003 (www.sba.gov/advo/research/rs225tot.pdf); U.S. Dept. of
Labor, Bureau of Labor Statistics, Current Population Survey; U.S. Dept. of
Commerce, International Trade Administration.

The numbers for small business are impressive when looked at as a gross. But do you think the average worker for a small business makes more money personally than a worker at GM or Microsoft? How many small business are paying the per hour wage as the Largest Corporations like General Motors?
 

aplusmnt

Well-known member
Mike said:
Take away big corporations in America and look at where would we be?

We would be much better off. IMHO

Do you really think America would be better off with out the Auto industry to provide cars?

Would we be better off with out companies like Microsoft?

Would we be better off with out the large banks that loan money for them small businesses to exist?

I know when a person looks at it from a stand point that we would be better off if we went back to the time when we all rode horse and buggies and had better morals in society I can agree.

But if we look at the modern times and society as it is. Large Corporations provide and accomplish so much that small business can not.

Kind of like Halliburton no one likes them, but there just isn't any companies out there that can do what they do. Small business can not accomplish what they do as quickly.

Joe blow who owns a small mechanic shop working on cars needs General Motors to build the cars so he can keep his small business going.
 

Tex

Well-known member
aplusmnt said:
Mike said:
Small Business is the Driving Force of the US Economy. Not large corporations.

**********************************************
How important are small businesses to
the U.S. economy?
Small firms:
• Represent 99.7 percent of all employer firms.
• Employ about half of all private sector employees.
• Pay more than 45 percent of total U.S. private payroll.
• Have generated 60 to 80 percent of net new jobs annually
over the last decade.
• Create more than half of nonfarm private gross domestic
product (GDP).
• Supplied 22.8 percent of the total value of federal prime
contracts in FY 2006.
• Hire 40 percent of high tech workers (such as scientists,
engineers, and computer workers).
• Are 52 percent home-based and 2 percent franchises.
• Made up 97 percent of all identifi ed exporters and produced
28.6 percent of the known export value in FY 2004.
• Small innovative fi rms produce 13 times more patents
per employee than large patenting fi rms, and their patents
are twice as likely as large fi rm patents to be among the one
percent most cited.
Source: U.S. Dept. of Commerce, Bureau of the Census; Advocacy-funded
research by Kathryn Kobe, 2007 (www.sba.gov/advo/research/rs299tot.
pdf); Federal Procurement Data System; Advocacy-funded research by CHI
Research, 2003 (www.sba.gov/advo/research/rs225tot.pdf); U.S. Dept. of
Labor, Bureau of Labor Statistics, Current Population Survey; U.S. Dept. of
Commerce, International Trade Administration.

The numbers for small business are impressive when looked at as a gross. But do you think the average worker for a small business makes more money personally than a worker at GM or Microsoft? How many small business are paying the per hour wage as the Largest Corporations like General Motors?

Does it matter? The question is do we want one guy at the top making all the decisions or do we want a lot of small companies and groups of people producing for the market? Look at the number of patents.

Sure, the big company might make better at times, like hybrid corn making better yields, but what if the unforseen happens? What if a blight hits all of that hybrid corn at once? Think of the Irish potato famine:

http://www.digitalhistory.uh.edu/historyonline/irish_potato_famine.cfm

The article didn't even talk of diversity of potato varieties being a problem because the social system created bigger ones. Do you want a nation of workers working for one large company as the potato farmers had to do, under their rules, or do you want a nation that works for most the people with their own land and businesses? Right now, it seems our politicians are benefiting the larger corporations, not the interests of most. They are just taking too many bribes that influence their decisions.
 

cutterone

Well-known member
I was one who have been putting down some big corps and the like. In our area there were several and still are automotive plants. They were a boom to the economy paying high wages and benefits. Divisions of General Motors was one and the citys of Kokomo and Anderson in particiular. GM made several cutbacks over the years and established plants in Mexico and China. Over the last few years they have closed several plants and at the Kokomo plant just last year layed off several employees and then made a force play with the remaining to take huge concessions dropping wages in half and loss of benefits and threatened the employees and the city to close the plant and all sub factories if they did not comply which would have brought the city to it's knees. Those guys were making pretty hefty wages and I would agree too much, but they and that town had established their way of living accordingly and now many have mortgages on homes that they cannot pay and many other businesses are suffering form the domino affect.
WalMart has driven many businesses clear out and broken the back of many suppliers trying to compete with China. They pay their employees poor wages and treat them like ****.
How many John Deere and International Harvester plants and the towns they supported are not longer there?
How many small 3 and 4 generation farmers and ranchers have been erased by corporate investors?
Can you say that the last time you bought a new (to you) vechicle or farm machinery that they new you by your name, you got good friendly service and a good deal since the little local dealers have been driven out to the mega dealerships?
 

backhoeboogie

Well-known member
We buy everything we can from local Maw and Paw businesses. But they depend on the corporations in many ways. Heck, they have to have electricity to run cash registers and phones as well. Then there are the credit cards they take - the list goes on.

If you take a look at the old Microsoft Corp Picture of about a dozen of them all bearded wtih long hair, taken in the early 80's, you have to laugh. But that is free enterprise. Anyone of us could have done the same. I don't want a socialist regime for my grandchildren. I want them to have the same opportunity Bill Gates had.

Corruption, deception (and hand spanking for white collar crime) is the problem.

Home Depot does not carry grade 8 bolts for anything larger than 1/2 inch. They put the Maw and Paw hardware stores out of business. Hence, this is just not about Wal-Mart. It is about buying from Home Depot and all the others too. Every time I need a grade 8 bolt larger than 1/2 inch, it is a very long drive.
 

aplusmnt

Well-known member
Tex said:
aplusmnt said:
Mike said:
Small Business is the Driving Force of the US Economy. Not large corporations.

**********************************************
How important are small businesses to
the U.S. economy?
Small firms:
• Represent 99.7 percent of all employer firms.
• Employ about half of all private sector employees.
• Pay more than 45 percent of total U.S. private payroll.
• Have generated 60 to 80 percent of net new jobs annually
over the last decade.
• Create more than half of nonfarm private gross domestic
product (GDP).
• Supplied 22.8 percent of the total value of federal prime
contracts in FY 2006.
• Hire 40 percent of high tech workers (such as scientists,
engineers, and computer workers).
• Are 52 percent home-based and 2 percent franchises.
• Made up 97 percent of all identifi ed exporters and produced
28.6 percent of the known export value in FY 2004.
• Small innovative fi rms produce 13 times more patents
per employee than large patenting fi rms, and their patents
are twice as likely as large fi rm patents to be among the one
percent most cited.
Source: U.S. Dept. of Commerce, Bureau of the Census; Advocacy-funded
research by Kathryn Kobe, 2007 (www.sba.gov/advo/research/rs299tot.
pdf); Federal Procurement Data System; Advocacy-funded research by CHI
Research, 2003 (www.sba.gov/advo/research/rs225tot.pdf); U.S. Dept. of
Labor, Bureau of Labor Statistics, Current Population Survey; U.S. Dept. of
Commerce, International Trade Administration.

The numbers for small business are impressive when looked at as a gross. But do you think the average worker for a small business makes more money personally than a worker at GM or Microsoft? How many small business are paying the per hour wage as the Largest Corporations like General Motors?

Does it matter? The question is do we want one guy at the top making all the decisions or do we want a lot of small companies and groups of people producing for the market? Look at the number of patents.

Sure, the big company might make better at times, like hybrid corn making better yields, but what if the unforseen happens? What if a blight hits all of that hybrid corn at once? Think of the Irish potato famine:

http://www.digitalhistory.uh.edu/historyonline/irish_potato_famine.cfm

The article didn't even talk of diversity of potato varieties being a problem because the social system created bigger ones. Do you want a nation of workers working for one large company as the potato farmers had to do, under their rules, or do you want a nation that works for most the people with their own land and businesses? Right now, it seems our politicians are benefiting the larger corporations, not the interests of most. They are just taking too many bribes that influence their decisions.


I for sure do not want people working for one large business, but at the moment there is way more than one company controlling things.

I am all for small business, I own a small business!

But if we punish or try to run out large corporations I don't see small business filling all the voids.

I also think we as consumers are to blame for a big part of the problem. How many complain about large corporations but then go to Wal-Mart to buy their tires? Instead of going to the family owned tire store in town and pay a little more? How many complain and then go to Tractor Supply instead of the local agsupplier or feed store?

How many of us are typing on Dell, IBM, HP or Gateway computers instead of a computer put together from a local computer store?
 

Tex

Well-known member
aplusmnt said:
Tex said:
aplusmnt said:
The numbers for small business are impressive when looked at as a gross. But do you think the average worker for a small business makes more money personally than a worker at GM or Microsoft? How many small business are paying the per hour wage as the Largest Corporations like General Motors?

Does it matter? The question is do we want one guy at the top making all the decisions or do we want a lot of small companies and groups of people producing for the market? Look at the number of patents.

Sure, the big company might make better at times, like hybrid corn making better yields, but what if the unforseen happens? What if a blight hits all of that hybrid corn at once? Think of the Irish potato famine:

http://www.digitalhistory.uh.edu/historyonline/irish_potato_famine.cfm

The article didn't even talk of diversity of potato varieties being a problem because the social system created bigger ones. Do you want a nation of workers working for one large company as the potato farmers had to do, under their rules, or do you want a nation that works for most the people with their own land and businesses? Right now, it seems our politicians are benefiting the larger corporations, not the interests of most. They are just taking too many bribes that influence their decisions.


I for sure do not want people working for one large business, but at the moment there is way more than one company controlling things.

I am all for small business, I own a small business!

But if we punish or try to run out large corporations I don't see small business filling all the voids.

I also think we as consumers are to blame for a big part of the problem. How many complain about large corporations but then go to Wal-Mart to buy their tires? Instead of going to the family owned tire store in town and pay a little more? How many complain and then go to Tractor Supply instead of the local agsupplier or feed store?

How many of us are typing on Dell, IBM, HP or Gateway computers instead of a computer put together from a local computer store?

There is a place for large corporations in our economy. I would like to see Walmart compete on service and price, not on just selling out domestic producers or using their power to break suppliers. They should never be allowed to make a supplier sign an exclusive contract. There are other economic abuses by Walmart and they are not being addressed by our government. Again, too many politicians either incompetent or sold out.

No one, or at least I am not, against the largeness except that the largeness is used to commit economic abuses or buy off politicians to gain judges stacked in courts or advertise lies about the public issues.

In the case of some of the larger auto companies, they claimed the legacy costs were putting them under. In fact, they did not pay these "legacy" costs as they accrued (did not fully fund the pensions while getting the govt. to look the other way), took out profits for investors, and then want to claim they have too high of legacy costs? Give me a break. They didn't pay their liabilities as they were earned, took profits, and tried to give the problem to the public with failed and failing pension programs.

GM didn't lose market share because of legacy costs, they lost because they couldn't make vehicles the public wanted anymore at a price they were willing to pay. On the trade issue, they were able to make the Japanese build the cars in the U.S.--the South did get many of those production jobs-- even as the federal govt. allowed states to use state resources to subsidize some of the plants so they could get jobs. This should never have been allowed but it is allowed today. Corporations are able to arbitrage between what state govt. will sell out their taxpayers the most to get jobs. The jobs moved from the old companies to the new companies in the south.

When the rules of the game are not enforced, all sorts of things occur because the long term is sacrificed for the short term. The corporate system without accountability allows the most unscrupulous people to make out like a bandit with no accountability. Some of us are tired of the govt. not doing its job in governing these issues and instead, selling the public interest out for short term interests.

There oughta be a law that can go back and grab the top management's money over the avg. wage when these sort of things happen under their watch then play out later. Certainly any govt. money given to bail them out or tax credits should come out of their pay over the avg. wage. Instead, we treat them like celebrities because they are rich.
 

aplusmnt

Well-known member
Tex said:
There is a place for large corporations in our economy. I would like to see Walmart compete on service and price, not on just selling out domestic producers or using their power to break suppliers. They should never be allowed to make a supplier sign an exclusive contract. There are other economic abuses by Walmart and they are not being addressed by our government. Again, too many politicians either incompetent or sold out.

I agree on the Wal-Mart problem. That is why I excluded them in my original message. Out of all the Largest corporations I can not think of another that pays such low wages. Most large corporations pay above par. But Wal-Mart hurts smaller companies directly and indirectly.
 

cutterone

Well-known member
Look I know that in some instances we cannot do without large industry but we all know they get breaks the rest of us don't. And it doesn't have to be a corp. According to a survey I just looked at a few weeks ago on govt Ag subsidies to farmers and the average mean income in 2006 was around $36,000 in this county. One farmer recieved $500,000 in subsidy!
The off farm job I had was at the Subaru plant and they got tax abaitments for over ten years. I don't have the exact figures but on a $25000 Legacy there is supposedly only around $5000 in costs and the majority of that profit goes back to Japan. (I will say that at least they came here, established a plant and several satelight factories and paid and made incomes for a lot of people. ) The point is that as an individual would you or I revieve the same breaks?
 

aplusmnt

Well-known member
cutterone said:
Look I know that in some instances we cannot do without large industry but we all know they get breaks the rest of us don't. And it doesn't have to be a corp. According to a survey I just looked at a few weeks ago on govt Ag subsidies to farmers and the average mean income in 2006 was around $36,000 in this county. One farmer recieved $500,000 in subsidy!
The off farm job I had was at the Subaru plant and they got tax abaitments for over ten years. I don't have the exact figures but on a $25000 Legacy there is supposedly only around $5000 in costs and the majority of that profit goes back to Japan. (I will say that at least they came here, established a plant and several satelight factories and paid and made incomes for a lot of people. ) The point is that as an individual would you or I revieve the same breaks?

As an individual we do not bring say 1,000 jobs or more to the community. I live in a small town that has had a couple businesses go out in past few years. Everytime a company thinks of coming here and start looking for tax breaks etc.....people complain. But which would we rather have 300 new jobs in a town of 3,000 and they do not have to pay property taxes for 10 years. Or would we rather have that building set empty for another 5 years and be minus 300 jobs.

Companies bring jobs and companies come to locations that are the most economical feasible for themselves. We complain about companies looking to do business in China but we have no problem looking at ways to tax them or punish them by windfall taxes.

The point is companies are out to make money and they will do it what way the have to. We can either benefit through their profits or suffer from their going elsewhere.

If we try to punish Corporations we will be cutting our noses off to spite our face. Companies will protect their bottom lines any way necessary.
 

cutterone

Well-known member
Ok - let me ask you this.
Would you rather have that one big business that will have 1000 employees & given tax abaitments or...
10 smaller business each having 100 employees and no abaitments??
 

Tex

Well-known member
aplusmnt said:
cutterone said:
Look I know that in some instances we cannot do without large industry but we all know they get breaks the rest of us don't. And it doesn't have to be a corp. According to a survey I just looked at a few weeks ago on govt Ag subsidies to farmers and the average mean income in 2006 was around $36,000 in this county. One farmer recieved $500,000 in subsidy!
The off farm job I had was at the Subaru plant and they got tax abaitments for over ten years. I don't have the exact figures but on a $25000 Legacy there is supposedly only around $5000 in costs and the majority of that profit goes back to Japan. (I will say that at least they came here, established a plant and several satelight factories and paid and made incomes for a lot of people. ) The point is that as an individual would you or I revieve the same breaks?

As an individual we do not bring say 1,000 jobs or more to the community. I live in a small town that has had a couple businesses go out in past few years. Everytime a company thinks of coming here and start looking for tax breaks etc.....people complain. But which would we rather have 300 new jobs in a town of 3,000 and they do not have to pay property taxes for 10 years. Or would we rather have that building set empty for another 5 years and be minus 300 jobs.

Companies bring jobs and companies come to locations that are the most economical feasible for themselves. We complain about companies looking to do business in China but we have no problem looking at ways to tax them or punish them by windfall taxes.

The point is companies are out to make money and they will do it what way the have to. We can either benefit through their profits or suffer from their going elsewhere.

If we try to punish Corporations we will be cutting our noses off to spite our face. Companies will protect their bottom lines any way necessary.

We have an interstate commerce law for this very reason. The interests of the nation of equality come before the interests of little states playing tricks that put the rest of the country at a disadvantage.

No one is trying to punish corporations as you state, aplus. We just want them to play by the same rules as everyone else--- and that means the govt. has to treat them the same under the law--- the same as any other individual. There is no way a company should get an abaitment so jobs can come there and make the local taxpayers pick up the tab then allowing the corporation to export those profits to some out of state or out of country entity.

Do you enjoy paying someone else's taxes so they can export profits and pay off politicians to make it happen or not get in the way?

You like to go to the extreme to make your point, aplus, but some of us are dealing with reality here, not some ideological argument that doesn't even make sense as an excuse just to let frauds continue.

The fed. govt. has dropped the ball on allowing these things to happen. The appointments to the Supreme Court have allowed our antitrust laws to not be enforced.

The Justice Dept. doesn't prosecute or make companies pay for breaking the law--- instead they say, here is your get out of jail or consequences card if you will just hire our political cronies to "monitor" your company.

Our govt. is for sale and is being bought by the minute.

We are all losers in that deal except those who make enough money to escape the consequences.
 
A

Anonymous

Guest
cutterone said:
Ok - let me ask you this.
Would you rather have that one big business that will have 1000 employees & given tax abaitments or...
10 smaller business each having 100 employees and no abaitments??

And thats whats ran a lot of these smaller business's out of business, is picking up for all these major corporates that get every kind of exemption....

But GW and the neocons in this administration forgot the words of their idol and mentor in this "bigger-better-faster" era and their desire to help their rich elitist buddies get richer....

Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Ronald Reagan
 

Red Robin

Well-known member
Oldtimer said:
Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Ronald Reagan
If that's true, why wouldn't a corporate tax cut create incentive for business that would do a better job of lifting the economy out of the doldrums than a welfare spending package that the democrats will endorse?
 

Tex

Well-known member
Red Robin said:
Oldtimer said:
Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Ronald Reagan
If that's true, why wouldn't a corporate tax cut create incentive for business that would do a better job of lifting the economy out of the doldrums than a welfare spending package that the democrats will endorse?

Bernanke just spoke about this subject saying that giving money to the poorest in our society will put money into the economy faster than giving it to the richer-- simply because they will spend it faster. He said that unemployment claims could be paid at a higher amount along with a few other things.

I guess this is the trickle up theory.
 

aplusmnt

Well-known member
cutterone said:
Ok - let me ask you this.
Would you rather have that one big business that will have 1000 employees & given tax abaitments or...
10 smaller business each having 100 employees and no abaitments??

I have no problem with either, but how likely is it that a town can create 10 new businesses that each have 100 employees?

Besides small businesses are not with out receiving benefits. Many receive not only tax credit but actual grants and loans to get started directly from our tax dollars.

Even individuals receive some of these same benefits. I know states are all different but the ones I am familiar with offer breaks on property taxes (homestead exemptions) based on income. And in the Agriculture area most states I know of offer property tax credit or exemptions much like the companies receive.

Think of how many rural land owners receive Property tax exemption because they declare it agriculture land. Many raise some cows just for that purpose. Corporations are not the only people getting tax breaks.

Bottom line is things are not always as simple as the Libs make them out to be. There is no simple solution and no one group to blame. Its always easy to blame the other guy.

Most people blame according to how it is affecting them at the moment, if you are buying a new car, cars are too high. If you are negotiating a labor deal with a car manufacture wages are too low. If your town has no jobs property tax breaks sound good to recruit a manufacturer. If you have a successful manufacturer in your town it seems unfair they get tax breaks.

There is usually a yin to the yang. That is one reason I have a big problem with Liberal politicians. They only look at the Yin, big business makes big money then lets have a windfall tax. But they don't look at the fall out it will create they just look at the one side of the issue and how they can sell that to the kool aid drinkers who follow them and don't think fore themselves.
 
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