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  #21  
Old 09-08-2010, 09:55 AM
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whell whell is offline
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Quote:
Originally Posted by d-ray657 View Post
Because some business activity is good for the overall community, and will create jobs for which there will be a demand in the future. It creates an incentive to venture into underdeveloped technologies. The targeted tax breaks are supporting the kind of socially responsible activity that simply putting more money into the hands of the propertied class does not.

It's comical to suggest that a level playing field exists out there anyway. With disregard for the competitive impact of merger after merger in the corporate world, too many business are able to wield monopoly power.

Regards,

D-Ray
Great. Than use available laws as tools to make cases against those monopolies, like the government did so successfully with Microsoft. I'd also suggest that the concept of monopolies are an anachronism in an age of economic globalism and high technology where a service or a concept, rather than a physical product, can hold the most currency.
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  #22  
Old 09-08-2010, 10:09 AM
noonereal noonereal is offline
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Originally Posted by piece-itpete View Post
How about picking them on basis of favors owed?

Pete
Now that's America!
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  #23  
Old 09-08-2010, 10:13 AM
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Boreas Boreas is offline
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Originally Posted by piece-itpete View Post
How about picking them on basis of favors owed?

Pete
Yeah, that's the standard we should all use.

Just like yer pal Agent Orange. And then there's his DC landlord.

John
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  #24  
Old 09-08-2010, 10:18 AM
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Boreas Boreas is offline
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Originally Posted by whell View Post
45% of the jobs are currently with companies who employ less than 50

84.3% of the jobs are currently with companies who employ less than 500

16.3% of the jobs are currently with companies who employ 500 or more.
I wonder what those numbers would look like if they included overseas employees for good old 'Merkin companies like Dell or GE.

John
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  #25  
Old 09-08-2010, 10:22 AM
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piece-itpete piece-itpete is offline
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Originally Posted by noonereal View Post
Now that's America!
Lol. Yeah partic old rust belt cities like Chicago, Cleveland, Detroit.

We just had another phase of our awesome corruption come out, property values at the county assesors office changed with whiteout. A LOT of them.

The leadership here is gonna fry. Me, I'm bringing beer and hot dogs.

Pete
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  #26  
Old 09-08-2010, 10:24 AM
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piece-itpete piece-itpete is offline
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John, how about Rohm Emmanuel and his sweet oil-backed rent deal?

Pete
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  #27  
Old 09-08-2010, 10:25 AM
noonereal noonereal is offline
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Originally Posted by piece-itpete View Post
Lol. Yeah partic old rust belt cities like Chicago, Cleveland, Detroit.

We just had another phase of our awesome corruption come out, property values at the county assesors office changed with whiteout. A LOT of them.

The leadership here is gonna fry. Me, I'm bringing beer and hot dogs.

Pete
lol, sounds like a plan
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  #28  
Old 09-08-2010, 10:29 AM
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Boreas Boreas is offline
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Originally Posted by whell View Post
I'd also suggest that the concept of monopolies are an anachronism in an age of economic globalism and high technology where a service or a concept, rather than a physical product, can hold the most currency.
Services like liar loans? Concepts like tranching?

John
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  #29  
Old 09-08-2010, 11:24 AM
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merrylander merrylander is offline
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Originally Posted by Boreas View Post
I wonder what those numbers would look like if they included overseas employees for good old 'Merkin companies like Dell or GE.

John
You can add the energizer bunny to that lot. Picked up my lantern to get better light on something and it was dead. New big 6 volt lantern battery only a week ago. Lens was full of what I thought was water, now how in hell did that get in there. Opened it up and saw the + post had fallen off. The damn battery had leaked electrolyte inside the lantern and all over my workbench. Proudly written on the side of this Everready battery "Made in China". It really should have said "Made in Effing China".

GE is closing a light bulb plant just up the road in Westminster because they can't compete with China - yet there have been instances of those CFLs catching fire - you won't find the damn things in this house. They bother Florence's eys, had to replace a flourescent over the kitchen sink, and as long as they come from China screw them.

Tax breaks? What we should do is put all the boards of directors in jail for treason.
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  #30  
Old 09-08-2010, 11:26 AM
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merrylander merrylander is offline
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Quote:
Originally Posted by whell View Post
The profits that businesses were showing though mid 2010, which have eroded somewhat in the last couple of months, were due to gains in efficiency due and lower expense structures (i.e., lower employment). Net profits are up, but market share, market cap, and gross profits are down. Not encouraging.



OK, I'll won't. I'll let the statistics do it for me.

http://www.adpemploymentreport.com/p..._August_10.pdf

45% of the jobs are currently with companies who employ less than 50

84.3% of the jobs are currently with companies who employ less than 500

16.3% of the jobs are currently with companies who employ 500 or more.

If I had to choose between no tax reduction for business, and a targeted tax reduction for businesses who employ less than 500, I could at least take some solace in the fact that it would assist businesses who do most of the "employing" in this country.
So how many SBs are there with less than 50, or how many with less than 500? Without knowing that those number are irrelevant.

BTW gross is certainly the right word for profits these days.
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