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The dumbing down of America
by Riley
+1/-1 Reply

Why doesn't the average American see through the many falsehoods and half truths put out by the Republicans?

Example: Since business hire people and create the jobs, it stands to reason if you lower the tax rates on business's and make them more profitable, they will hire more people and reduce the unemployment rate? Sounds like a workable solution right, wrong.

Take any kind of business and you will find that they all live or die because they sell a product or service. Let's take a restaurant, they sell food. Does lowering the tax rate on a eating place increase their profit? Yes it does because taxes are part of their overhead. Does lowering their taxes bring anymore customers through the door so they will be more profitable and increase their business so they will hire, no.

Most business's will only hire when their inventory needs to be increased and they can't accomplish what they need with the help they have.

Another example: A business makes and sells products used in the manufacturing of autos both domestic and foreign makers situated here in America. Will lowering his tax rate increase the amount of products he can sell to the auto manufactures using his goods to build and sell autos? No. The only thing that will increase his business is for the auto makers to sell more autos, and they have been downsizing because the economy stinks

If you really stop and think about it, the surest way to increase most business's sales and profits, is to increase demand for the product or service they sell or perform.

Example: You run a business that cleans peoples homes while both are away working. One gets laid off and the one staying at home sayings they don't need you anymore they will clean the house themselves. Did this situation have anything to do with the tax rate you pay? Of course not it was because the economic situation eliminated your job.

Now, if you agree that the surest way to increase the viability of any business and to increase demand for the product or service he sells,, it's simply to increase demand. If you don't increase demand the business will continue to reduce their work force so they only produce products or services needed to maintain the demand.

I think the only business's that this don't fit is the defense industry. All they need to maintain a demand for their products is wars and rumours of wars. Maybe that is the reason you see so little debate about our expenditures on military matters, because corporate America, like GE which owns NBC makes and services jet engines that power so many military crafts?

I noticed on the news the other night that the credit card companies have been raising the interest rates. One lady, who was several thousand dollars in debt but was making her payments, said her card company raised her rates several times until she was now expected to pay 30% interest rate.

America is reported to have the lowest savings rates of any of the industrialized nations, I wonder why? You have the Federal Reserve keeping interest rates ridiculously low which is intended to stimulate buying, you have credit card companies charging outlandish interest rates for items that you buy and put on your card. You can buy a auto or a house and get excellent interest rates, but you better not buy the furniture or appliances for that house and use your credit card. Isn't it a little like going to the carnival and being offered free admission to a show, only to find you have to pay to get out.

If giving stimulus money to make jobs such as putting people to work maintaining roads, bridges etc doesn't work, why are we spending so much money on the military? If putting money into the hands of consumers so they can go out and buy products made by business's won't work what is the Republican alternative?Have you heard any Republican announce their solution? Just explain to me how putting money in the hands of corporate America is going to create jobs? Pure Bullshit.

I really have no hope for my country. All you have to do to see how smart they think we are is to watch commercials. Many actually embarass me because they seem to be made for imbeciles, although the product will be used by adults.

Maybe this is just a natural way for a country to go. The wolves get smarter and the sheep dumber.

Re: The dumbing down of America
by TickleBob
Riley:

Why doesn't the average American see through the many falsehoods and half truths put out by the Republicans?

Example: Since business hire people and create the jobs, it stands to reason if you lower the tax rates on business's and make them more profitable, they will hire more people and reduce the unemployment rate? Sounds like a workable solution right, wrong.

Take any kind of business and you will find that they all live or die because they sell a product or service. Let's take a restaurant, they sell food. Does lowering the tax rate on a eating place increase their profit? Yes it does because taxes are part of their overhead. Does lowering their taxes bring anymore customers through the door so they will be more profitable and increase their business so they will hire, no.

You go so wrong so fast! Yes, if you lower taxes (or do not increase taxes) on products that restaurants serve, it can most assuredly stimulate business. If I go to a restaurant where the fare is an average of $50 per person and there are six of us, the tax I face on a ticket can range from 2 to 10% including state and federal taxes (not counting liquor taxes which are all together different). My check without taxes will be about $300. If my taxes are 2% = $6.00, but if my tax total is 10%, then = $30. That kind of tax can drive business away and does not help increase employment; indeed it tends to decrease employment.

You probably haven’t considered this knowing you don’t eat anywhere more expensive than Wendy’s Hamburgers, but even there it begins to add up and causes you to eat at less expensive hamburger stands where your not getting 100% all beef patty, but 70% meat and 30% breading.

Then it begins to effect your decision about how many times a week you dine out. Instead of four times, as you might prefer, you cut to two or even once a week. Do the math, Dumbo!

Do you wake up stupid everyday or is this something that occurs occasionally?

Re: The dumbing down of America
by Riley

Wilson:

What the hell are you talking about? You say the place charges state and federal taxes, how is that any different that any other place you spend money. Very few places don't collect sales taxes. Are you telling me that the places you eat charge you taxes that no one else charges? If so why do you eat there go somewhere that doesn't charge you those taxes, simple. State and Federal taxes on food in a restaurant, where are you talking about Mexico?

Wilson, you know you are full of shit because you can't disprove what I have said. It makes no difference what your business makes or sells, lowering the taxes you pay does not increase your ability to hire, it only increases your profits.

Federal and state taxes are collected on tobacco and alcoholic drinks and of course if you order wine with your meal those taxes are added to your bill, but normally included in the total bill not listed separately.

But every place has the same taxes don't they and so lowering the taxes would affect all and not give an advantage to any one restaurant, which would not favor any one, so they still would be competing equally.

This is just bullshit to snow people into thinking that lowering the taxes that business pay will "Trickle Down." to someone and give him a job. Because most people work for wages and have no experience actually running a business it sounds reasnobile, but it's a con, plain and simple.

Re: The dumbing down of America
by TickleBob
Riley:

This is just bullshit to snow people into thinking that lowering the taxes that business pay will "Trickle Down." to someone and give him a job. Because most people work for wages and have no experience actually running a business it sounds reasnobile, but it's a con, plain and simple.

Anything from you is plain and ¨simple¨.

Not all states charge sales tax (not same as income tax) but those that do seem to run from 4%. to 7 % and only the state of Illinois taxes drugs, both prescription and non-presecription.

States that do not tax sales are Deleware, Montana. New Hampshire, and Oregon.

Your first post was not about competativeness between establishments where taxes are charged, it was about if no taxes would create jobs.

If I have a business with gross sales of over one million, are you saying that I cannot afford to hire additional employees if my clients are not taxed and all the sudden they start eating at my place twice as often, driving my gross sales to two millioin? You´r an idiot if that is what you believe. Typically however, when this sort of tax increating employment is spoken of, it´s income taxes they are talking about, not sales tax. Of course I don´t expect you to understand that and especially ¨why¨.

Re: The dumbing down of America
by Riley

Wilson:

You are all over the place aren't you? First you started talking about State and Federal taxes, then you have changed to sales taxes. Here where I live sales taxes are different in all cites because each city has their own sales tax. Mostly the difference is fairly small maybe a half cent or cent. But, if you was buying a big ticket item it could be significant, such as a auto.

I am not aware that the clients that are eating in the restaurant you are using as an example is a business. I was talking about reducing the taxes on business's. These person frequenting the restaurant are patrons not business's. And you are forgetting that reducing the taxes on all restaurants give no special incentive to anyone establishment because if because they lower their prices others will also so that negates the increase in sales. I think where your thinking is flawed is because you keep confusing patrons with the business. Naturally if you lower the taxes on individuals they will have more disposable income, but dunce they are not business's are they and have no ability to hire. They is exactly what Obama is trying to do, put money in the hands who will spend and increase the ability of business's who produce goods that these people are buying to re-hire employees.

And I didn't speak of no taxes I spoke about the assertion that lowering a business's taxes would automatically provide jobs. That has been the claim around since Reagan lower taxes and you create jobs.

Consumer spending, and that means people like me and not business's like you, provide about 70% of the money in the economy. Reduce consumer spending, for what ever reason and you have a recession. When people get afraid and curtail buying the shit hits the fan. All the fucking tax breaks in the world will not help a business to hire when people stop buying what he has for sale. The remedy is to get the average consumer to buy again which is what the stimulous is all about. Your solution is no solution. It's simply welfare for business's.

Re: The dumbing down of America
by TickleBob

See if your little pea brain can get this. Taxes are taxes: rather you collect them as sales tax or pay them as part of your income tax.

Why are you pretending to understand business and how taxes effect them? You have never owned anything bigger than a kool-aid stand. This is gibberesh from an idiot who doesn´t know how much tax there is already added to your electric bill at home.

Riley, you are stupid today, just like yesterday and it won´t change tomorrow.

A tax by any other name is a tax. They even tax you to die.

Hillary Clinton recently pointed out, ¨We tax everything that moves and everything that doesn´t move.

Now, see if you can figure out what she meant when she said this in Pakistan!

Re: The dumbing down of America
by Riley

Wilson:

Maybe the reason I think I know something about business's is because I had a business. Yes that's correct I ran a dairy and I didn't hire a bookkeeper to keep my books and do my taxes, I learned to do it myself.

Before I ran the dairy I worked for wages just like most people, so that gave me a insight on the difference between taxes on business's and working individuals. And it was quite an eye opener I will admit. My wife worked also and every year I had enough deductions that I could show I almost didn't have a profit so as we made our taxes together, I routinely got almost all of the income taxes she paid back. But I learned that has a downside because you could shoot yourself in the foot when it came to retirement time as I paid S.S. on my taxable income.

Comparing my wives deductions as a salaried worker and my own because I ran a business was laughable. Auto:- I could deduct the cost of my pick up truck, the fuel that I bought, the repairs, the insurance, everything that I spent on that truck. What could my wife deduct because she had to drive back and forth to work? Practically nothing compared to my deductions, and yet her vehicle was just as important to keep her job as was mine.

Same way with everything that I purchased and used in my dairy, even the clothes I wore. And I was just a fellow who learned to use the easiest to understand deductions not a large business who hired tax attorneys who found loop-holes so that business could make millions of dollars in profit and yet not pay a single cent in income taxes.

If I learned anything from my experience, it was that the U.S. Government through the IRS tax codes wants business to succeed. So the tax codes are heavily weighed towards their making a go of it. On the other hand person who work for wages are allowed very little wiggle room to escape the tax bullet. Most workers have some inkling about this, but most don't really realize how little some business's pay taxes.

So, Wilson, I know more than you think I do about taxes. By the way since you make your money in Mexico, the tax laws there might be entirely different than here. I can't imagine you paying any kind of American tax's, but maybe since you are so patriotic you send the IRS a gift every year?

Re: The dumbing down of America
by TickleBob

Owning a dairy is nothing. You are an employee of the AMPI. They do all your accounting, who you trying to fool?

Watch you talking about Willis?

That´s about as far from the real world business and taxes you are pretenting to understand as you can get and not be standing in Bejing.

If Riley decides to fly down to Quintana Roo and kick a hole
by shep

right through your gut big enough to drive a speedboat through, I will happily pay his airfare.

You are truly the rudest, snottiest, nastiest poster on Slate, TurdBlossom. And possibly the stupidest as well (excluding Hootie).

Jackshep

Re: The dumbing down of America
by Riley

Wilson:

You just proved to me you don't know shit from shinola.

AMPI (Associated Milk Producers Incorporated) had nothing to do with a producers taxes. They marketed the milk we produced. They had nothing to do with my dairy, except to help me produce the best milk that was possible.

Management of my dairy, which of course included filing taxes, was never in any meeting I ever attended.

The day to day decisions about my dairy was entirely my responsibility and frankly I wouldn't have wanted it any other way.

Like I said, taxes can be very complicated, hense the need for tax attorneys employed by all big and sometimes smaller business because not know certain deductions, depreciation etc.can mean big money.

And it wasn't easy to understand and I spent many hours pouring over the IRS bulletins.

To make a statement that AMPI did all my accounting is absurd to say the least.

You should think once in a while,"Gate Mouth", before you make such stupid remarks.

ON second thought, Mister Riley won't need a plane ticket.
by shep

He can stomp a hole right though TurdBlossom from all the way up there in the American heartland.

Well-done, sir.

Jack Juanito

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