posted on Oct, 18 2011 @ 01:34 AM
Originally posted by darkest4
reply to post by eLPresidente
You forgot to include the part where he wants to drastically cut taxes on corporations and the rich while cutting many programs which support the poor
and middle classes not to mention drastically cut many federal jobs thus increasing unemployment..
"Paul would also make far-reaching changes to federal tax policy, reducing the top corporate income tax rate to 15 percent, eliminating capital gains
and dividends taxes and allowing for repatriation of overseas capital without tax penalties. All tax cuts enacted under former President George W.
Bush would be extended."
Ron Paul is great in many ways but sorry but he is one of the biggest corporate/rich supporters out there... He also believes in deregulation of
corporations/wallstreet... cause ya we see where that has gotten us. A truely "free market" only works in a fictional world where corporate/rich
people greed doesn't exist. When corporations/rich get huge tax cuts they don't distribute the wealth to the poor out of the goodness of their heart,
they give their ceo's fatter bonuses and make their rich share holders richer.
If he becomes president the gap between the rich and poor will become bigger than ever and corporations/rich elite will have more power and wealth
than ever. Is that really what you want?
edit on 18-10-2011 by darkest4 because: (no reason given)
You've never lived in a truly free market economy and you've never learned about it, so how would you know how bad it would be? Go out and ask any
people's advocate groups like Millions against Monsanto if they prefer a free market economy over the lobbyist/fascist-state system we have right
Nothing, I mean, NOTHING has been working for us ever since the introduction of the federal reserve in 1933, which literally bankrupted and robbed us
from our gold. So how do you possibly know maintaining the status quo will get better?
I'd LOVE to remove federal regulations, let the states decide how they want to protect their people and let advocate groups have direct access to the
asses of the executives instead of giving them direct access to D.C. sellouts.
Lowering corporate tax to 15% could finally give the corporations incentive to bring their official headquarters back to America and not sitting in
some small office or P.O. box in a low tax rate country. These companies don't even bring their profits back to America because they'd get taxed 35%,
what the hell, why would they want to when they could spend it in other places for less? I sure as hell wouldn't, knowing that taxes are going to pay
for our interest owed to the federal reserve anyways.
We already have greedy executives and bankers that steal, lie and cheat to get ahead and make the poor, poorer, while they add more digits to their
bank accounts. But you know what the difference is when you cut corporate taxes and kill off the IRS? the people have more cash for direct
re-investment and we'd get more private sector jobs out of it. Ask any businessman if he could use more cash to hire more employees, go ask,
seriously because I work with them all the time and I know for a fact that businessmen would LOVE to have more money and grow their businesses and
edit on 18-10-2011 by eLPresidente because: (no reason given)