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-   -   Senate Republicans Vote Against American Jobs (http://www.politicalchat.org/showthread.php?t=7958)

Tom Joad 08-01-2014 02:43 PM

Senate Republicans Vote Against American Jobs
 
This is a prime example of why I get sick and tired of people that try to make the false equivalency argument that both parties are equally bad.


http://www.politicususa.com/2014/07/...ax-breaks.html

Quote:

Senate Republicans blocked a bill today that would potentially bring millions of jobs back to the United States by refusing to end tax breaks for companies who outsource jobs.

The roll call vote failed to get the needed 60 votes by a margin of 54-42. Millions of jobs have been outsourced over the past decade in part because companies can get a tax break on their expenses related to sending jobs overseas. The Bring Jobs Home Act would have ended these tax breaks, and give companies who bring jobs home a 20% tax credit.
Before the vote Senate Majority Leader Harry Reid said:

Quote:

Quite frankly, a vote against this bill is a vote against American jobs. There is absolutely no excuse, no justification for any member of this body to vote against this legislation. But as of late, Senate Republicans have repeatedly blocked legislation, much like the Bring Jobs Home Act, that is good for the American people.

continue

Tom Joad 08-01-2014 02:48 PM

See any Democrats on that list?

http://i843.photobucket.com/albums/z...00490275_n.png

Hell no!

All fucking Republicans.

finnbow 08-01-2014 03:37 PM

Though the practice of "inversion" is unseemly, the US tax code is the problem with its high corporate rates and designer tax breaks for those with deep pockets.

Tom Joad 08-01-2014 03:43 PM

Quote:

Originally Posted by finnbow (Post 234145)
the US tax code is the problem with its high corporate rates and designer tax breaks for those with deep pockets.

The top rate doesn't appear to be all that high from a historical standpoint. At least since WW2.

http://www.taxpolicycenter.org/taxfa...al_bracket.pdf

But obviously the designer breaks as you call are a travesty.


http://www.huffingtonpost.com/2014/0...n_4855763.html

finnbow 08-01-2014 03:57 PM

Quote:

Originally Posted by Tom Joad (Post 234148)
The top rate doesn't appear to be all that high from a historical standpoint. At least since WW2.

http://www.taxpolicycenter.org/taxfa...al_bracket.pdf

But obviously the designer breaks as you call are a travesty.


http://www.huffingtonpost.com/2014/0...n_4855763.html

We're competing with Ireland's 10% corporate rate (many of the companies practicing "inversion" are buying small Irish companies and moving only their headquarters there).

Tom Joad 08-01-2014 04:07 PM

Quote:

Originally Posted by finnbow (Post 234151)
We're competing with Ireland's 10% corporate rate (many of the companies practicing "inversion" are buying small Irish companies and moving only their headquarters there).

Two can play that game.

You wanna make your shit in Ireland, then sell your shit in Ireland. Don't go bringing it over here and put it on Wally World's shelves unless you pay a steep import tariff.

The same goes for China, or any of those low wage third world shitholes.

finnbow 08-01-2014 04:34 PM

Quote:

Originally Posted by Tom Joad (Post 234153)
Two can play that game.

You wanna make your shit in Ireland, then sell your shit in Ireland. Don't go bringing it over here and put it on Wally World's shelves unless you pay a steep import tariff.

The same goes for China, or any of those low wage third world shitholes.

Again, it's our corporate tax laws causing this mess. The Democrats want to put a quick, high-visibility band-aid on the problem and not address the underlying cause. They know their approach is a non-starter, but it makes for good copy in an election year.

Tom Joad 08-01-2014 04:51 PM

Quote:

Originally Posted by finnbow (Post 234158)
Again, it's our corporate tax laws causing this mess. The Democrats want to put a quick, high-visibility band-aid on the problem and not address the underlying cause. They know their approach is a non-starter, but it makes for good copy in an election year.

I imagine it's like Health Care.

A real solution, ie in the case of Health care, single payer, is impossible because of the Republicans.

So they tried for a band aid, like the ACA, and couldn't even get that.

You're not going to sucker me into that false equivalency crap finn. Might as well give up on it.

finnbow 08-01-2014 05:02 PM

Quote:

Originally Posted by Tom Joad (Post 234162)
I imagine it's like Health Care.

A real solution, ie in the case of Health care, single payer, is impossible because of the Republicans.

So they tried for a band aid, like the ACA, and couldn't even get that.

You're not going to sucker me into that false equivalency crap finn. Might as well give up on it.

I'll give you credit for being a hard-headed ideologue - the kind who watches Ed Schultz.

Tom Joad 08-01-2014 05:10 PM

Quote:

Originally Posted by finnbow (Post 234164)
I'll give you credit for being a hard-headed ideologue - the kind who watches Ed Schultz.

Ed's awesome, but I don't have cable.

I get most of my news off the net.

As for being hard headed you're Goddamned right.

The Republicans are never going to give an inch.

So if the Democrats keep meeting them halfway all they accomplish is moving the country farther and farther to the right. And that's exactly what has been happening for the last 40 years.

finnbow 08-01-2014 05:26 PM

Quote:

Originally Posted by Tom Joad (Post 234166)
Ed's awesome, but I don't have cable.

I get most of my news off the net.

As for being hard headed you're Goddamned right.

The Republicans are never going to give an inch.

So if the Democrats keep meeting them halfway all they accomplish is moving the country farther and farther to the right. And that's exactly what has been happening for the last 40 years.

I definitely feel that way about the 'Baggers and their ilk. OTOH, I like to look at issues on their own merits and our corporate tax code has very little merit.

Tom Joad 08-01-2014 06:05 PM

Quote:

Originally Posted by finnbow (Post 234168)
OTOH, I like to look at issues on their own merits and our corporate tax code has very little merit.

I don't know much about the corporate tax code.

All I know is that they are not paying enough.

And that us ordinary schmucks are having to take up the slack.

http://www.aflcio.org/Corporate-Watc...Share-of-Taxes

Quote:

As the corporate share of our nation’s federal tax revenue has fallen, individual Americans have paid a relatively higher percentage of federal tax revenue. Corporate taxes fell from 26.4 percent of total tax revenue in 1950 to just 7.4 percent of total tax revenue in 2010. During this same period, personal income, Social Security and Medicare taxes increased from 51.4 percent to 83.8 percent of total tax revenue.[2]

Thanks to numerous tax breaks and loopholes, corporations rarely pay the full corporate income tax rates. A 2011 report by Citizens for Tax Justice and the Institute on Taxation and Economic Policy found that 78 of 280 of the nation’s largest and most profitable companies paid no federal income taxes in at least one of three years.[3] Overall, the study found that the Fortune 500 companies included in the survey paid 18.5 percent in taxes, or about half the corporate income tax rate of 35 percent.[4]

Tom Joad 08-01-2014 06:07 PM

Quote:

Originally Posted by finnbow (Post 234168)
I definitely feel that way about the 'Baggers and their ilk.

I don't differentiate between baggers and other Republicans. They are all equally bad IMO. Therefore they are all baggers to me.

http://i843.photobucket.com/albums/z...46053195_n.jpg

bobabode 08-01-2014 06:28 PM

I like me some Ed Shultz and Andy Sullivan. :) Charlie Pierce too.

finnbow 08-01-2014 06:58 PM

Quote:

Originally Posted by bobabode (Post 234184)
I like me some Ed Shultz and Andy Sullivan. :) Charlie Pierce too.

I like Andrew Sullivan a lot. Smart guy. Ed Schultz is a blowhard that 'Baggers would be proud to identify with in terms of temperament. I got no use for him.

bobabode 08-01-2014 07:28 PM

Quote:

Originally Posted by finnbow (Post 234188)
I like Andrew Sullivan a lot. Smart guy. Ed Schultz is a blowhard that 'Baggers would be proud to identify with in terms of temperament. I got no use for him.

Yeah, he's extremely pro union. :rolleyes:

finnbow 08-01-2014 07:57 PM

Quote:

Originally Posted by bobabode (Post 234197)
Yeah, he's extremely pro union. :rolleyes:

I'm not anti-union. I'm anti-public-sector unions doing much beyond planning the annual picnic. I share FDR's POV in this regard (except the picnic).;)

nailer 08-01-2014 09:20 PM

Quote:

Originally Posted by finnbow (Post 234145)
Though the practice of "inversion" is unseemly, the US tax code is the problem with its high corporate rates and designer tax breaks for those with deep pockets.

It's not a problem for the rich. These portions of the code are written to ensure they get richer.

Tom Joad 08-02-2014 01:26 PM

Quote:

Originally Posted by finnbow (Post 234202)
I'm not anti-union. I'm anti-public-sector unions doing much beyond planning the annual picnic. I share FDR's POV in this regard (except the picnic).;)

I'm not much for public sector unions either.

As long as there are good strong private sector ones.

All workers, both public and private, union, and non union, benefit when that is the case.

However, that is not the case anymore. .

MrPots 08-04-2014 01:25 PM

Quote:

Originally Posted by Tom Joad (Post 234166)
Ed's awesome, but I don't have cable.

I get most of my news off the net.

As for being hard headed you're Goddamned right.

The Republicans are never going to give an inch.

So if the Democrats keep meeting them halfway all they accomplish is moving the country farther and farther to the right. And that's exactly what has been happening for the last 40 years.

QFT well said

Wasillaguy 08-04-2014 04:46 PM

Quote:

Originally Posted by Tom Joad (Post 234124)
See any Democrats on that list?

http://i843.photobucket.com/albums/z...00490275_n.png

Hell no!

All fucking Republicans.

Look again. Begich (D) of the great state of Alaska is on that list. He voted against because Reid won't allow amendment votes.

Tom Joad 08-04-2014 04:57 PM

Quote:

Originally Posted by Wasillaguy (Post 234568)
Look again. Begich (D) of the great state of Alaska is on that list.

OMG!

http://i843.photobucket.com/albums/z...FSoupcom-1.gif

It was 41-1 not 42-0!

That means it was Bipartisan!:rolleyes:

Wasillaguy 08-04-2014 05:12 PM

Just wanted to correct your error/oversight, and point out that a vote against may have other justification than just evil racists that want to obstruct.

donquixote99 08-04-2014 05:19 PM

Quote:

Originally Posted by Wasillaguy (Post 234578)
Just wanted to correct your error/oversight, and point out that a vote against may have other justification than just evil racists that want to obstruct.

That's a gross caricature of criticisms of the racist, obstructionist Republicans. Everyone knows they have other concerns and motivations that are important sometimes. Kissing what the oligarchs want kissed, for example. This falls into that category.


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