Originally posted by The Transhumanist
reply to post by dizzie56
What is it that we should do exactly, im confused to what you mean? Are you saying that the government should tell us what to buy and what not to buy
based on the size of a company? Ill wait for a response before I delve more into that one.
No, I am saying to tax those corporations who reach a certain size to stifle their growth and promote competition and small businesses.
Studies show most corporations pay 0% income tax.
I'm willing to bet that the min wage law is a key factor along with the fact that not many Americans (before the economy crisis) wanted to even do
the work that is being done over there. Besides, if we just tax them into bringing the jobs back over here where the min wage law and unionized
workers exist, all that will do is drive the price of the product up even more due to a larger overhead.
So what are you proposing exactly? Eliminating min wage and labour unions? Dismantle everything the working class has fought so hard for? Corporations
should be forced to deal with minimum wage and labour unions and accept the lower profit margins that result from bringing jobs back to U.S. soil.
We have to make corporations accountable to the American workers and not the other way around. Why should the richest institutions in the world be tax
exempt and protected with regulation that keep out small business while the tax payers are responsible to bail them out? If corporations pay more tax
the too big to fail firms could pay into a bailout fund that would force them to be responsible for their own actions.
Yes we should make corps responsible if they owe...if the owe. If there are loopholes in the system (put in by politicians on both sides of the
fence) in the tax code then how can you really blame a company that is just using what they have in front of them? If i owned a comp, I would be damn
sure to try and keep as much profit as I could, thats how business works. Who we should be going after are the people that make the laws, the
politicians. If you had somebody in the gov that could actually have principles and stand up to lobbyists from both sides, the US would be a better
place now. But as it is, the people that we prop up to rule us are crap and spineless and liars. If you had somebody with a backbone that would
stand by their principles, you would be able to throw lobbyists at them and they wouldnt budge. Regulating lobbyists out of the game doesnt meant
they will go away, there are always loopholes to everything. Its having people who wont take their bait is what makes them ineffective.
Im not saying we dismantle the unions or get rid of the min wage law. Im just showing the faults in how they have effected companies in our short
history with them, thru regulations. The unions were necessary back in the day when there were people doing jobs solely by hand and were dangerous
and they were gettin paid a penny a day. But its not really like that anymore.
Lets just look at the car companies. At first the unions were about just getting a safe work place and a decent wage. Im sure nobody today would
argue against that. Hell, it is fair. But, what have they become today? Now they want health care and pensions that are so bloated it has driven up
the cost of the product so much that the company cant even compete.
The above is an article in which it states that GM has to pretty much add $1525 to each car that it makes to just cover the health care costs of its
employees. It didnt even go into how much the pensions are which include not only a nice check every month but also health insurance for life.
Here is another site which indicates how much the average auto worker makes at GM. With benefits, they make about $70/hr. Before benefits, its
$29/hr. I make less than $20/hr and can still aford to pay for my own health insurance and my premium is almost $90/week. If i can do it, they can
do it. Having such benefits has priced them out of the market and because they employee so many people, they are to big to fail. Now, the average
American worker is paying for a companies mistake, due to regulations by the gov, and having to pay for pensions and health insurance to people who
can most likely afford their own but choose not to.
How fair is it that they are perfectly capable of affording their own benefits, but since they are to big to fail we the people now have to pay for
their benefits? Who are they? They are no more important than you or I but yet we have to pay for them because they as a people band together and
pitch a fit if you try and take away their benefits.
Like I said before, Im not for taking the unions apart or getting rid of the min wage law. Im just for if you are going to have such things then they
need to be fair. GM is a perfect example of how regulation has killed industries. Thru the min wage law, unions, and tech bills passed by the gov
they have priced themselves right out of the market and because they employee so many people they have become "to big to fail". I say, let them
fail. It would be a great lesson learned for the American people as a whole. If we continue to prop them up, as we do, we are just telling the
American people to either A) Get a job at GM cause you will be taken care of for the rest of your life; or B) Because they are such a big group and
know how to whine and dine politicians, they just made it so me and you have to pay their salaries, benefits, and pensions for life.
Dont get me wrong tho, Im not for giant companies taking advantage of the everyday worker. But to me, I can see how regulations have created such a
mess to where the failed industry must now be proped up by the American people as a whole. What is worse? A couple thousand people having to pay
their own way and learn a lesson in doing so or making the American people pay for a couple thousand peoples every want and whim? I go with the