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  #1    
Old 11-24-2008, 05:27 PM
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Default Solution to the economy.
If the U.S. government will allow me to grow a field full of weed, I will sell it all and use the proceeds to stimulate the economy. For real. I'm serious.
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Old 11-24-2008, 06:44 PM
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How to stimulate the economy ... immediately.

1. Eliminate, or at least suspend the tax on capital gains for five years.

2. Cut corporate taxes on profit from the present 35% down to 11%.

3. Eliminate the "Death Tax."

This will bring companies and jobs back into the U.S. along with the trillions of dollars sitting in off-shore accounts.

Vi
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Old 11-24-2008, 07:31 PM
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Supply and demand, Dr. Greenfinger. Supply and demand.

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Originally Posted by ViRedd View Post
How to stimulate the economy ... immediately.

1. Eliminate, or at least suspend the tax on capital gains for five years.

2. Cut corporate taxes on profit from the present 35% down to 11%.

3. Eliminate the "Death Tax."

This will bring companies and jobs back into the U.S. along with the trillions of dollars sitting in off-shore accounts.

Vi
The problem is the wage disparity between US and foreign workers, not a lack of tax incentives.
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Old 11-24-2008, 07:39 PM
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Supply and demand, Dr. Greenfinger. Supply and demand.


The problem is the wage disparity between US and foreign workers, not a lack of tax incentives.
Oh yeah, I forgot my fourth point ... renegotiate all union contracts.

Vi
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Old 11-24-2008, 08:23 PM
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Oh yeah, I forgot my fourth point ... renegotiate all union contracts.

Vi
What, like 10-15% of jobs are union jobs? Any other bright ideas?
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Old 11-24-2008, 08:26 PM
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The problem is the wage disparity between US and foreign workers...
In a big way.
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Old 11-25-2008, 09:05 AM
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Quote:
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What, like 10-15% of jobs are union jobs? Any other bright ideas?
Did you read my first three points?

Turn the outflow of money into an inflow. What's driving business out of the country besides cheaper labor costs? Lower the tax base, reduce regulations and get the government the hell out of the way.

Vi
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Old 11-25-2008, 09:55 AM
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Did you read my first three points?

Turn the outflow of money into an inflow. What's driving business out of the country besides cheaper labor costs?
Very little. Seriously, the wage disparity is by FAR the biggest problem. When you can pay someone in China 10% what you pay someone in the US, there's a huge incentive there no matter what the taxes are.

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Lower the tax base, reduce regulations and get the government the hell out of the way.Vi
Hey, you know who has more exports than either China or the US? Germany. And their economy is more regulated than ours.

Last edited by Doctor Pot; 11-25-2008 at 09:58 AM..
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Old 11-25-2008, 10:03 AM
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Don't worry...your economy will be heavily regulated in a couple of years.
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Old 11-25-2008, 10:09 AM
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Quote:
Originally Posted by ViRedd View Post
How to stimulate the economy ... immediately.

1. Eliminate, or at least suspend the tax on capital gains for five years.

2. Cut corporate taxes on profit from the present 35% down to 11%.

3. Eliminate the "Death Tax."

This will bring companies and jobs back into the U.S. along with the trillions of dollars sitting in off-shore accounts.

Vi
Funny how it's always a tax solution with you VI. You are a one trick pony, that's for sure. I have to agree with Dr. Pot, it's a wage differential. Now it you want the US citizens to go on a rice and bean diet, move into abandoned manufacturing plants, and live like Amazonians, hunting stray dogs and cats for meat, we could adjust our wages to meet Chinas, But who would you sell all those million dollar houses to, All those millionaire business owners that work the American workers for $2.00 a day of course, but to be on par with chinese real estate salesmen, we'd have to cut your percentage to like 1/100th of a percent, and you could reserve your floor space down on the abandoned factory floor along with the rest of us peons.
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