General Electric Tax Bill

[Doove]

Originally Posted by pjorourke

Asking GE for advise on modifying the tax code is like asking Jack the Ripper's advice on razors.

http://www.nationalreview.com/excheq...x-code-corrupt

No disagreement here. Simply pointing out that he somehow gets criticized when he does A, and then criticized when he does Z.

Maybe that "grain of salt" idea has some merit to it.

[pjorourke]

If Obama really wanted to hear how to create jobs, he should be talking to someone that runs a small or smallish business (<$100 million in sales). These guys are paying the full corporate tax rates and have moronic regulations tying them in knots but somehow actually create jobs.

But its much more fun to hang with a wealth sycophant like Immelt who only creates jobs in his tax department. GE has laid off more people under Immelt that they have created jobs.

Lets hear it for crony capitalism.

[Mazomaniac]

Originally Posted by pjorourke

If Obama really wanted to hear how to create jobs, he should be talking to someone that runs a small or smallish business (<$100 million in sales). These guys are paying the full corporate tax rates and have moronic regulations tying them in knots but somehow actually create jobs.

You're right PJ.

It is getting scarier and scarier that we're agreeing on so many things.

[pjorourke]

Originally Posted by Mazomaniac

It is getting scarier and scarier that we're agreeing on so many things.

You know, when I got out of college I was a west coast liberal. My first job, I worked with a guy that was a conservative from a southern bible school. We used to argue politics all the time. We ran into each other about 10 years after I left and we were both libertarians -- go away and leave us the fuck alone. There is still hope for you.

[WTF]

Originally Posted by pjorourke

GE's basic business has become sucking at the government tit. They are poster boy's for crony capitalism.

GE is the poster boy for the Dem's and Halliburton is the GOP's chick a dee.

[pjorourke]

Except Halliburton didnt lobby to start the Iraq war.

[pyramider]

Originally Posted by pjorourke

GE's basic business has become sucking at the government tit. They are poster boy's for crony capitalism.

GE also does favors for government agencies, too. They scratch each others back.

[TexTushHog]

Originally Posted by pjorourke

Bingo! Except GE bought the guys that wrote the rules.

Under the current system, what else would you expect a economically rational actor to do?

[WTF]

Originally Posted by pjorourke

Except Halliburton didnt lobby to start the Iraq war.

They didn't have to , their former CEO was VP. He was all for it, been wanting to invade since before 9/11.

[WTF]

Originally Posted by TexTushHog

Under the current system, what else would you expect a economically rational actor to do?

Exactly....PJ only bitches about companies that support the so called left. All others fall ino this Tea Party made up phrase "Job creators".

Originally Posted by pjorourke

Except Halliburton didnt lobby to start the Iraq war.

They didn't have to , their former CEO was VP. He was all for it, been wanting to invade since before 9/11.

Originally Posted by pjorourke

Lets hear it for crony capitalism.

Wow PJ, Sounds like you might be coming around to campaign finance reform. That is at the jest of what you are bitching about.


Furthermore....when people bitch about GE not paying their fair share of Federal Income tax but turn around and proclaim how many other taxes they do pay....well that is what many of us have been saying about people that do not pay Federal income taxes because they make so little. Yes they do not pay Federal taxes but they pay a shit pile of other taxes and those taxes are going up. In the state of Texas almost all fee's from student to driver licenses to parking tickets are going up. This hurts the poor and middle class the worst. Yet some on here still continue to argue that a company making 5 billion dollars should not pay taxes. What it amounts to is the job creators wanting to cut their taxes and let the middle class and poor pay for teachers salary and the like......

[pjorourke]

Originally Posted by TexTushHog

Under the current system, what else would you expect a economically rational actor to do?

Agreed! Its the tax system that is fucked. The only solution is a smaller more limited government.

[WTF]

Originally Posted by pjorourke

Agreed! Its the tax system that is fucked. The only solution is a smaller more limited government.

What party is offering that option?

[pjorourke]

The Tea Party

[Doove]

Originally Posted by pjorourke

Agreed! Its the tax system that is fucked. The only solution is a smaller more limited government.

No, the solution is to fix the tax system.

[Texas Contrarian]

Well, how about moving toward a smaller, more limited government and fixing the tax system?

(The two goals aren't mutually exclusive, you know.)