General Discussion

rainy

(6,319 posts)

21. I like Thom Hartmann's thoughts:

Thu Dec 8, 2016, 10:55 AM

Dec 2016

When we taxed Corporations at a high rates after the first few million in profits they wisely chose to put that money back into their companies in the form of good wages and benefits, rather than pay 70% taxes on excess profits.

Now that they have written all the laws and bought all of our politicians, they get to keep all of their profits and they just keep enriching themselves and their CEO's and investors without having to pay for all that taxpayers give to them in the form of good roads, educated employees, court systems, fire and police protection and so much more. Tax payers now pay for all of THEIR benefits!

Click here to purchase valentine hearts!

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

69 replies

= new reply since forum marked as read

Highlight:

There is only one reason why corporations have moved overseas [View all] malaise Dec 2016 OP

So right you are madokie Dec 2016 #1

Good morning my brother malaise Dec 2016 #2

And a good morning to you madokie Dec 2016 #3

and a good K&R to everyone; with another reason corporations moved overseas... Jeffersons Ghost Dec 2016 #34

So true Richard D Dec 2016 #41

Even Qingdao has become polluted. pangaia Dec 2016 #47

The Republican plan to bring those jobs back? yallerdawg Dec 2016 #4

also, the idiots will have to reduce polkution standards. Jeffersons Ghost Dec 2016 #35

A National Right to Work Law? They have wanted this since the 30's and FDR INdemo Dec 2016 #36

Right wingers never cite cheap labor as a reason. They stick to taxes and regulations as the reason. Trust Buster Dec 2016 #5

You hit the nail right on the head. It is about paying people the least. kwassa Dec 2016 #14

And that includes the ReTHUGs who are being stiffedby said corporations malaise Dec 2016 #23

I must know different Republicans IronLionZion Dec 2016 #48

Then Bear Creek Dec 2016 #68

The US govt has also encouraged companies to move operations to countries for geopolitical reasons FarCenter Dec 2016 #6

Exactly!!! Placing tentacles in other countries. n/t RKP5637 Dec 2016 #8

That's true as well malaise Dec 2016 #24

Exactly, Malaise! It's runaway capitalism in full swing with minimal checks and balances, and often RKP5637 Dec 2016 #7

You nailed it malaise Dec 2016 #65

"When the power of love overcomes the love of power, panader0 Dec 2016 #9

All this is true, and... CincyDem Dec 2016 #10

Well the view is that there is no need to train your own when malaise Dec 2016 #25

Trump ignores that Corporate Boards can be sued if they don't investigate this option to save costs TheBlackAdder Dec 2016 #11

Cheaper labor treestar Dec 2016 #12

That's why cheap oil is so important... Wounded Bear Dec 2016 #19

It's also because of scale. Yavin4 Dec 2016 #13

No, there's more. Act_of_Reparation Dec 2016 #15

Carrier told their workers they're moving the jobs for cheaper wages. SunSeeker Dec 2016 #17

And they aren't being entirely honest. Act_of_Reparation Dec 2016 #38

And why does outsourcing jobs keep their stock options strong? Because it brings down costs. SunSeeker Dec 2016 #44

Oh, for fuck's sake. Act_of_Reparation Dec 2016 #54

I read it. I just don't think it proves your point. SunSeeker Dec 2016 #60

I agree with many of the reasons 2naSalit Dec 2016 #16

Very important malaise Dec 2016 #26

Tell me about it. 2naSalit Dec 2016 #32

Greed is a powerful force, all right, but it's lots more complicated than you suggest. MrModerate Dec 2016 #18

That's exactly it. I get so angry when I hear people blame smirkymonkey Dec 2016 #20

Because the corporate-owned media rammed in the "Unleash the power of the free market" ... Aimee in OKC Dec 2016 #39

Great links! Thank you! smirkymonkey Dec 2016 #57

I like Thom Hartmann's thoughts: rainy Dec 2016 #21

Absolutely correct malaise Dec 2016 #27

Power and too much money - greed. It corrupts. NRaleighLiberal Dec 2016 #22

They are required, by law, to increase profits ghostsinthemachine Dec 2016 #28

I disagree...embody corporate personhood in the form of the Board and CEO Moostache Dec 2016 #51

Absolutely wrong. CCExile Dec 2016 #58

The original corporate form as licensed by the New York Dutch -- byronius Dec 2016 #29

I know malaise Dec 2016 #55

The only force that could have stopped or slowed this exodus of jobs randr Dec 2016 #30

Steel and tire industries moved to where the markets were Kolesar Dec 2016 #31

K & R 50 Shades Of Blue Dec 2016 #33

It's our duty to revolt. We know the game is rigged in their favor YOHABLO Dec 2016 #37

Amen, brother Fast Walker 52 Dec 2016 #40

It's greed, more greed and more greed. eom LittleGirl Dec 2016 #42

Now in control,Republicans will be able to lure some Corporations back & make some stay. Sunlei Dec 2016 #43

They wouldn't have to provide any health insurance IronLionZion Dec 2016 #45

DJIA soaring on its way to biggest crash known to mankind. n/t SleeplessinSoCal Dec 2016 #46

DJIA has nothing to do with the 99%. nt raccoon Dec 2016 #53

Those that didn't enticed cheap workers to come in illegally to bust unions rurallib Dec 2016 #49

Excellent point malaise Dec 2016 #62

I was going to say that the only reason is that.. ananda Dec 2016 #50

Truth you speak. BlancheSplanchnik Dec 2016 #52

And they are addicted to their wealth. No amount is too much for them. Initech Dec 2016 #56

More more more malaise Dec 2016 #61

amen sister! spanone Dec 2016 #59

That sums it up... Mike Nelson Dec 2016 #63

Ronald Reagan Bear Creek Dec 2016 #64

He did more than that malaise Dec 2016 #66

Yes indeed Bear Creek Dec 2016 #67

It's hilarious malaise Dec 2016 #69