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Originally posted by MrPlow
Originally posted by TDawgRex
reply to post by ararisq
Two hours after the election was called, my boss came into the break room and announced that gas has gone up .45 cents.
I work at a logistics company and fuel is our lifeblood. I'm seeing layoffs in my future as well.
For those that do not get it...
When the cost of transporting food, commodities or what have you, goes up...so does everything else.
Everybody had best tighten their belts...again.
Only problem is- Obama's Presidency has no control over the price of gas...at all. Zilch
So, your boss is an idiot and you work for a ridiculous company. It's probably best if you look for a new job regardless.
Originally posted by TDawgRex
reply to post by ararisq
Two hours after the election was called, my boss came into the break room and announced that gas has gone up .45 cents.
I work at a logistics company and fuel is our lifeblood. I'm seeing layoffs in my future as well.
For those that do not get it...
When the cost of transporting food, commodities or what have you, goes up...so does everything else.
Everybody had best tighten their belts...again.
Originally posted by ConspiracyBuff
Government Spending > Taxes = (-) savings (-) investing
It's not that hard people...
Originally posted by PLASIFISK
How is Obama making businesses lay off it's employees? Where is the connection?
Originally posted by Indigo5
Originally posted by NavyDoc
LOL. Your charts did not mention any sepcifics.
Wow...didn't look at the link did you? Can't figure out if you are ignorant in this claim or dishonest? Actually stopped caring either way...edit on 8-11-2012 by Indigo5 because: (no reason given)
Originally posted by primus2012
Originally posted by Indigo5
Originally posted by primus2012
Invest in the consumer class by increasing their payroll taxes? That is happening as well in 2013. People will have less to spend.
No...it could happen and whether or not it does or not is dependant on the GOP dominated house. After the GOP's losing steak ever since the 2010 mid-terms, the likelyhood that they will "hostage take" the middle class again is pretty slim, but regardless not sure how rebuts the fact that the middle class, not the "wealthy" drive the economy?
I do agree that the middle class drives the economy, but that is based on their ability to drive (fill up the ol gas tank), earn, and spend, which ties back to jobs, taxes, and surplus dollars in their pockets. Increasing taxes on income and revenue are hindering measures placed on the economy at large.
We should let the consumers decide the tax revenue. I like the idea of a flat tax or fair tax on goods and services at the time of purchase, and fed/state/local take their share at that time. No income/revenue/profit tax period. IRS would become obsolete and go bye-bye. The middle class would truly drive the market then. Companies would flee other nations to come here and set up shop.
Originally posted by jtma508
reply to post by MsAphrodite
Gee. Well I must be stupid then. As must my employer. They just keep expanding and hiring quarter-on-quarter. I don't know how we're managing to stay in business. Our CFO must be a fool.
The people this MIGHT affect are people on a basic minimum wage that are the only source of income in their families (at least two adults), but you'd have to show that Wal-Mart is intentionally hiring people like that to have a case, and you can't. They'd also be trying to fire people whose spouses got jobs, as this would push them off government support of any kind. And you can't do that either.
Because Walmart employs part-time and relatively low paid workers, some workers may partially qualify for state welfare programs. This has led critics to claim that Walmart increases the burden on taxpayer-funded services.[46][47] A 2002 survey by the state of Georgia's subsidized healthcare system, PeachCare, found that Walmart was the largest private employer of parents of children enrolled in its program; one quarter of the employees of Georgia Walmarts qualified to enroll their children in the federal subsidized healthcare system Medicaid.[48] A 2004 study at the University of California, Berkeley charges that Walmart's low wages and benefits are insufficient, and although decreasing the burden on the social safety net to some extent, California taxpayers still pay $86 million a year to Walmart employees.[49][50]
A robust set of research findings shows that Wal-Mart’s entry into local labor markets reduces the pay of workers in competing stores. This effect is largest in the South, where Wal-Mart expansion has been greatest.
Wal-Mart could raise wages and benefits significantly without raising prices, yet still earn a healthy profit. For example, while still maintaining a profit margin almost 50% greater than Costco, a key competitor, Wal-Mart could have raised the wages and benefits of each of its non-supervisory employees in 2005 by more than $2,000 without raising prices a penny.
Originally posted by Alxandro
Originally posted by Sissel
People are being traumatized by an election in all of this. HELLO? It's the end of the fiscal year for most companies....this happens every year, no matter who is in the hot seat.
Until companies figure out their next quarterly budgets, this always happens. Get over it.
No, I disagree, Republicans handle defeat a lot better than Democrats ever will.
This is because we know we can't always get what we want and don't cry an whine about it when we don't.
We were hoping for the best outcome, but now we'll have to prepare for the worst.
I suggest you do the same.
Originally posted by NavyDoc
Originally posted by Indigo5
Originally posted by NavyDoc
LOL. Your charts did not mention any sepcifics.
Wow...didn't look at the link did you? Can't figure out if you are ignorant in this claim or dishonest? Actually stopped caring either way...edit on 8-11-2012 by Indigo5 because: (no reason given)
They really just divide up the cost of a gallon by percentages, it does not address the cost of the percentages nor the underlying costs that make those portions. Regulations of fuel delivery trucks and taxes upon them incerase the transportation costs for example--something that you ignore entirely. Of course you conveniently blew off all of my links. Intellectually dishonest?
Originally posted by dogstar23
Originally posted by primus2012
Originally posted by Indigo5
Originally posted by primus2012
Invest in the consumer class by increasing their payroll taxes? That is happening as well in 2013. People will have less to spend.
No...it could happen and whether or not it does or not is dependant on the GOP dominated house. After the GOP's losing steak ever since the 2010 mid-terms, the likelyhood that they will "hostage take" the middle class again is pretty slim, but regardless not sure how rebuts the fact that the middle class, not the "wealthy" drive the economy?
I do agree that the middle class drives the economy, but that is based on their ability to drive (fill up the ol gas tank), earn, and spend, which ties back to jobs, taxes, and surplus dollars in their pockets. Increasing taxes on income and revenue are hindering measures placed on the economy at large.
We should let the consumers decide the tax revenue. I like the idea of a flat tax or fair tax on goods and services at the time of purchase, and fed/state/local take their share at that time. No income/revenue/profit tax period. IRS would become obsolete and go bye-bye. The middle class would truly drive the market then. Companies would flee other nations to come here and set up shop.
Well, that would definitely help encourage savings as opposed to encouraging consumption, which is probably a good thing, but imagine how high those taxes on the groceries would be. The problem with that type of tax (though not everyone considers it a "problem") is that suddenly the person earning $40,000/year is paying 40% of their income in taxes, while someone earning $45M/year is paying more like 0.03% of their income in taxes.
Yes, it would probably help to expand our economy and plant more jobs here in the U.S., but there would be some loooong years of suffering and starvation while the bottom 90% struggle to cope with the massive increase in tax burden.