Solution to the economy.

DrGreenFinger

Well-Known Member
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. :o For real. :weed: I'm serious. :hump:
 

ViRedd

New Member
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
 

Doctor Pot

Well-Known Member
Supply and demand, Dr. Greenfinger. Supply and demand. :p

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.
 

ViRedd

New Member
What, like 10-15% of jobs are union jobs? Any other bright ideas? :p
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
 

Doctor Pot

Well-Known Member
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.

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.
 

medicineman

New Member
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.
 

TheBrutalTruth

Well-Known Member
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.

Hey, you know who has more exports than either China or the US? Germany. And their economy is more regulated than ours.
Now why don't you tell the rest of the story about Germany, like how their factories aren't handicapped by the same wage laws ours are, and how their companies get tax exemptions on exported goods?
 

asher187

Well-Known Member
The 'Real' problem is the money is being sent the wrong way. I can't believe how simple this solution is but they won't do it. Take the Bail out money and give it to the tax payers. Let them catch up there bills and buy shit for Holidays. The money would filter up to the stupid ass government people that can't figure this out.
 

Doctor Pot

Well-Known Member
Now why don't you tell the rest of the story about Germany, like how their factories aren't handicapped by the same wage laws ours are, and how their companies get tax exemptions on exported goods?
Obviously because I don't know very much about the German economy. :p I know they have universal health care, and that their pollution laws are stricter. Their corporate taxes and their version of the capital gains tax are lower, but they also have a value-added tax that we don't have.

The 'Real' problem is the money is being sent the wrong way. I can't believe how simple this solution is but they won't do it. Take the Bail out money and give it to the tax payers. Let them catch up there bills and buy shit for Holidays. The money would filter up to the stupid ass government people that can't figure this out.
They tried this already this summer. Obviously you can see how well it worked.
 

Dfunk

Well-Known Member
I got a check for $300...WTF did that do? It helped me & I'm sure quite a few others survive the fuel price crisis...remember that? I mean I need like $5000 to pay off all my debt...that's not much...my great government can repeatedly spend billions to all these banks & corporations, but they can't help me or my family or countless other families across the country with a few thousand & yet they claim to care so much about their citizens...keep on buying that bullshit-they apprieciate it.
 

Doctor Pot

Well-Known Member
I got a check for $300...WTF did that do? It helped me & I'm sure quite a few others survive the fuel price crisis...remember that? I mean I need like $5000 to pay off all my debt...that's not much...my great government can repeatedly spend billions to all these banks & corporations, but they can't help me or my family or countless other families across the country with a few thousand & yet they claim to care so much about their citizens...keep on buying that bullshit-they apprieciate it.
lol, you think you have it bad, the Federal Government needs like 10 trillion dollars to pay off all its debt! The difference between you and the banks is that the infrastructure of the US economy will fall apart if the banks go under.

Of course, something tells me if the average American is given all that money, they'll use it to buy gas and Wal-Mart shit, ie, imports. That's not all that great for our economy. Which is why Obama's plan is to hire people for construction and infrastructure projects. After all, they may as well get something done for all that money eh?
 

Dfunk

Well-Known Member
I don't think I have it bad...I don't give two shits about myself so long as my family & friends are doing well. I'll live in a box around the corner if I have to, but your missing the point & please don't tell me about how much our government is in debt that's their fault...I didn't ask them, tell them, or vote for them to spend any of that fuckin' money - if you voted YOU did. If your doing so well & your so concerned about the national debt why don't you send the federal government some money...I'm sure they would accept your patriotic donation. So are saying it's alright to let myself & other struggling Americans suffer for the sake of our precious stature in the world? I think the U.S. could do just fine if those greedy banks & their 500 dollars lunches bite the dust. My lunches generally cost less than a few dollars - that's reasonable. I think any intelligent American would like to get rid of their BAD debt just like these banks & such. That's just my opinion. I also would like to know your standpoint on the new bailouts of the consumer credit area announced today. This economy is 2/3 consumer based...The main reason it's caving in right now is because people aren't buying stupid shit.
 
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