Romney Easily Won The Debate

Discussion in 'Free Speech Alley' started by LSUTiga, Oct 3, 2012.

  1. mobius481

    mobius481 Registered Member

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    Let's just make it illegal to manufacture anywhere but in the United States.
     
  2. LSUsupaFan

    LSUsupaFan Founding Member

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    We should just make it mandatory to be a millionaire. If you aren't you have to pay a tax. If it works in healthcare it should work in poverty.
     
  3. Tiger in NC

    Tiger in NC There's a sucker born everyday...

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    Bull shit. If a companies total tax liability is ten grand and they take deductions for shipping their plant overseas that make their total tax liability six grand, then they have been effectively handed four grand for moving jobs out of the country.

    Let me say that this should be a two way street IMO. By that I mean that the government should also be courting companies, especially manufacturing, with the proposition of allowing them to re-patriate money they have stashed over seas, tax free, in return for hiring X amount of American workers. Many industrial plants have their capital stashed overseas and out of the American economy. If they could be tempted with a tax free holiday to re-patriate their funds in return for increasing their employment by X amount it could help both the companies and workers.
     
  4. Tiger in NC

    Tiger in NC There's a sucker born everyday...

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    now you are just being ridiculous. other countries are continuously competing to lure companies to their countries with tax incentives and/or disincentives. why should we be any different? why is it our responsibility to ensure that other countries get jobs at the expense of our own workers?
     
  5. Tiger in NC

    Tiger in NC There's a sucker born everyday...

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    this makes absolutely no sense whatsoever
     
  6. LSUsupaFan

    LSUsupaFan Founding Member

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    This isn't even mathematically correct. Policy wise the statement is a trainwreck.

    ETA... I read it wrong. It is mathematically correct.

    I agree in principle. We should not make policy which is detrimental to capital formation. I don't think it should have to be tied to any type of gimmick though. Having that money in American banks would drive economic activity indirectly so we already get great benefit from the monies being onshored.
     
  7. mobius481

    mobius481 Registered Member

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    It's not. We're talking about competing with other countries which is something I wholeheartedly agree we should do. However, you have to be careful not to stray into protectionism which is economically dangerous. My proposal and your proposal are very similar, My proposal, sarcastic as it may have been, just increases the scope of your proposal. So where is the line. The reality is, once again, we're clamoring over money that can't amount to much of anything so it doesn't matter.
     
  8. LSUDad

    LSUDad Veteran Member

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  9. LSUDad

    LSUDad Veteran Member

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  10. red55

    red55 curmudgeon Staff Member

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    Have you noticed that nobody replies to raw links with no comments from the poster. You can't interact with an article.
     

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