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All-In [46825]
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My predictions on this Infrastructure Plan
Apr 1, 2021, 8:39 AM
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a lot of guys who have seen their jobs shipped oversees and their pay not increased in decades will vehemently defend the corporations who shipped their jobs and profits oversees.
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Heisman Winner [119698]
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Can you name 2?***
Apr 1, 2021, 8:39 AM
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All-In [26503]
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Just change a few words and you’re onto something
Apr 1, 2021, 8:48 AM
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Change it to:
A lot of guys, 10 years from now, as they drive over potholes and dilapidated bridges will wonder ...
Where did that 2 Trillion dollars go to ?
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Oculus Spirit [97716]
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Day late and a dollar short.
Apr 1, 2021, 8:59 AM
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As for your comment on jobs overseas and flat pay, that's one of the few areas of bipartisanship in Washington. Everyone loves free trade, and keeping wages low. And illegal immigration.
There's a bigger reason for that btw. But Obama had a dem congress his first two years in office. He passed a revenue neutral "Obamacare" bill, and didn't touch minimum wage. Trump had a GOP Congress his first two years, and never mentioned his wall until dems took the House in the midterms.
There's a reason for all of this.
I see a lot of overpriced crap being built IMO.
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All-TigerNet [11630]
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Who has not seen their pay increase in decades?
Apr 1, 2021, 9:58 AM
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Household income has gone way up the last few years. Sounds like that's an individual problem, not a common problem.
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All-TigerNet [12592]
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Re: My predictions on this Infrastructure Plan
Apr 1, 2021, 10:43 AM
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My prediction--raising corporate taxes will not incentivize corporations to stay put in the U.S. Regular Joes will bear the cost for raising corporate taxes. Raising capital gains taxes will not incentivize entrepreneurs to invest their capital.
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All-In [46825]
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I always love the argument that raising taxes on corps
Apr 1, 2021, 10:47 AM
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will make them send their money elsewhere.
They're already doing that and have been for years
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All-In [34582]
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so you admit it wont help anyone to raise the corp rate***
Apr 1, 2021, 10:49 AM
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All-In [46825]
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It will help to tax offshore money
Apr 1, 2021, 10:50 AM
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which is what the infrastructure plan plans to do.
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All-In [34582]
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good luck with that***
Apr 1, 2021, 10:53 AM
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All-TigerNet [12592]
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Re: It will help to tax offshore money
Apr 1, 2021, 11:04 AM
[ in reply to It will help to tax offshore money ] |
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I'm ok if there is a way to somehow tax a multinational corporation on it's multinational dealings in a manner that does not have negative consequences. I hope the U.S. Chamber of Commerce is wrong in opposing the taxes Biden proposes. I doubt they are.
I do hope this plan which dwarfs the Obama stimulus for "shovel ready" projects actually accomplishes something of benefit.
I think all sides recognize the need to improve our infrastructure.
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110%er [9664]
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My company was absolutely looking at moving our
Apr 1, 2021, 11:25 AM
[ in reply to I always love the argument that raising taxes on corps ] |
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headquarters out of the US to save on taxes (this was in 2014-2015). I was not in favor of the move - because, you know - 'Merica!
Companies will definitely look to move if will save them several tax percentage points...
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Hall of Famer [24051]
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Re: I always love the argument that raising taxes on corps
Apr 1, 2021, 12:53 PM
[ in reply to I always love the argument that raising taxes on corps ] |
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I'm guessing that you think the tightening of the labor market after the corporate tax cuts, had nothing to do with corporate tax cuts.
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110%er [6402]
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Re: My predictions on this Infrastructure Plan
Apr 1, 2021, 11:17 AM
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More shovel-ready jobs!!! Thanks Obiden!!!
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Hall of Famer [21577]
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Make up your mind.
Apr 1, 2021, 2:55 PM
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Do you want those jobs or you cool with the Mexicans doing it?
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All-TigerNet [13105]
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Re: My predictions on this Infrastructure Plan
Apr 1, 2021, 12:18 PM
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They should rebuild all bridges out of old pallets.
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