I understand your point perfectly. However, a company (or "evil corporation" as Valo likes to call them) this size must return 30% back as Tax, not "Value". A toilet seat can have a value of 1000.00 as long as one agrees.
And it's what most companies "get away with". Not what is legally achieved. Frankly, if these companies are not responsibly paying income tax at 30% then they should be heavily fined and or embargoed (If a company continues it's shady business). Operating a company with the people means supporting the people as well. It's a symbiotic not a parasitic relationship that is required.
I don't disagree at all with your comments that the laws have to change or revert to what they were previously. Capitol Hill is the final goal, but the financial sector is currently in control. Over the last decade (perhaps longer) the financial lobbyists have been pulling for de-regulation. These parasitic actions must be dealt with firmly, and with a finality that will keep other companies from cheating the people.
These companies are paying precisely what they are obligated to pay, they aren't getting away with anything, unless of course your argument is that the IRS isn't auditing these companies. There are many ways to operate a company so a to reduce your tax burden, just as individuals can reduce their tax burden, there's nothing wrong with the fact that these companies have utilized those available options. That you can't comprehend these options is your issue.
Location: In a land without pants, or war, or want. But mostly we care about the pants.
Exp:
There's never any shortage of people willing to do anything to make a buck. All those Wall Street types are just as replaceable as the people they are mocking in their letter. Nobody would miss a single one of them, were they to go; their sense of entitlement is unearned and pathetic.
A strong stock market is essential to a healthy economy. Trading ever-more esoteric financial derivatives that relate to no real generation of capital, but rather are just methods of moving money around to make it easier for the finance sector itself to extract value for its own benefit is not, and that is where Wall Street fails. Creating money is not the same as creating wealth.
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Better educated sadness than oblivious joy.
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Bank Of America also repaid taxpayers all of the $45 billion forwarded it by taxpayers in 2009, including $193 million in dividends.
Feb. 3, 2010 (Bloomberg) -- Bank of America Corp., the nation’s largest lender, will pay investment-banking employees bonuses of about $4.4 billion for last year, or an average of $400,000 each, a person close to the bank said.
You make money, you keep it. You lose money, society backs you up. It doesn't exist in any other world. Wouldn't it be nice if I got that deal at the casino!
The only way I see this making any sense with those saying "Hey, fair is fair!" is because a heavy profit is made for them using companies like Bank o' America and GE, which take advantage of the "people", but they like 'em because it made them profit.
Last edited by To Be Quite Honest; 10-29-2011 at 01:29 AM.
I have a very low standard for what I expect from big business. I see them like brute beasts that are needed in our capitalist society. We don't expect an animal to do what is right. We expect it to behave according to its instincts and we manipulate that behaviour in order to make them useful to society.
The instinct of any successful business is to make money. Government uses environmental regulations, labour regulations, business regulations, ect. to reign in business. The trick for government is to balance those considerations while maximizing business' benefits to society which include jobs, tax revenue, innovation, services, ect.
In my mind a company's only moral responsibility is to follow the letter of the law. It is the government's job to manipulate business for good. Having said that, I do acknowledge companies often go beyond the law in exercising moral conscience. I just don't think we should expect it.
If you don't like the behaviour of business the blame should fall squarely on the government. They are our elected zoo keepers.
That probably has to be one of the most generalizing and ill-informed comments on the Occupy Wall Street Movement. A simple 2 minute Google search, would have pretty much tanked his main concept of a bunch of whiny kids who don't want to work hard.
The big underlying message, that is finally filtering out, is that the movement is more about the levels of income inequality and the lack luster levels of social mobility in the US.
This movement is so full of idiots that any good point is drowned out. You know why you're a 'wage slave'? Because you are a dumb ##### who isn't capable of being much more than a mid level sandwich artist.
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Tens of thousands? New people arriving daily? C'mon, this whole thing has shown itself to be limited to fringe individuals and is now increasingly being overtaken by the real radical elements. Like I said before, good points are drowned out by the sheer idiocy of much of the movement.
And good luck riding out the occupation when the residents of cities get fed up, as they are starting to now. People were willing to tolerate you for a while, even supported you, but they aren't going to continue to let you sit in their community and play your drums and be a general annoyance forever.
Across the globe, tens of thousands of people representing the 99% are marching
So we have a globe with a population of 7 billion people, so 99% of that is 6,930,000,000 and then there are 10's of thousands, lets guess at 50,000 sounds high but whatever 50,000/6,930,000,000 = .007% of the 99% are marching, are the rest of them not angry enough, too lazy to leave their homes? Maybe aren't really part of the 99%.
Meanwhile the 1% of the global population is $7,000,000,000 are really too busy working to bother squashing them.
And great sale by union clothing manufacturers. I did notice that they are ordering this clothing and paying money for it, its not being donated. Shouldn't they be angry at these corporate fat cats for not giving them the clothing for free?
I mean I bet these unions collect far more then $42,000 per year in fees, couldn't the unions afford to pay for this cold weather clothing for the poor and downtrodden?
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My name is Ozymandias, King of Kings;
Tens of thousands? New people arriving daily? C'mon, this whole thing has shown itself to be limited to fringe individuals and is now increasingly being overtaken by the real radical elements. Like I said before, good points are drowned out by the sheer idiocy of much of the movement.
And good luck riding out the occupation when the residents of cities get fed up, as they are starting to now. People were willing to tolerate you for a while, even supported you, but they aren't going to continue to let you sit in their community and play your drums and be a general annoyance forever.
Yes, valo. We know you don't support the movement as a whole (just some of the finer points). Don't make me use the same beating a dead horse image I did on Cow!
Uh oh. Looks like more dirty hippies siding with the dirty hippies.
Heroes my ass!
You've got to be kidding me . . . You're going to disparage Iraq war veterans because they support the protests? These guys put their lives on the line so people like you can live comfortably, and that's what you're going to brand them with? You think they're dirty hippies with no sense of bravery for doing what they did? The least they can do is exercise their right to free speech, and you paint them with an incredibly negative brush.
This thread is finished. Just a classless, complete lack of respect. Holy smokes.
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You've got to be kidding me . . . You're going to disparage Iraq war veterans because they support the protests? These guys put their lives on the line so people like you can live comfortably, and that's what you're going to brand them with? You think they're dirty hippies with no sense of bravery for doing what they did? The least they can do is exercise their right to free speech, and you paint them with an incredibly negative brush.
This thread is finished. Just a classless, complete lack of respect. Holy smokes.
While not disagreeing with most of your post I do have to point out that my comfortable lifestyle has nothing to do with the invasion of Iraq, I, and every one else would be exactly the same or better off had the US not invaded Iraq.
I personally think the invasion of Iraq was an abhorant, pointless and anything but heroic, not to disparage individual soldiers personal bravery.
