The reasoning behind not closing tax loopholes and raising the taxes on the wealthy and corporations are listed as
1. They create jobs
2. If we raise the tax rates corporations simply take their jobs elsewhere.
Okay I can see Conservatives point to an extent but there’s an easy enough middle road again that can be taken with all this.
Not liberal tax the heck out of them, Not conservative no Tax increases period.
How about a common sense approach that balances both sides.
If a corporation is in the U.S. and its jobs are in the U.S. not overseas and the factories and places of manufacturing are in the U.S. and the supplies they buy are from the U.S. then RADICALLY DROP THEIR Corporate tax rate. Huge drop.
We reap the benefits of having these companies as they make the jobs, Give the benefits, Pay building taxes and Permits, Purchase Supplies from other businesses. Basically Their a Plus to America. Even at a low Tax rate they contribute and with the lower tax rate they’ll grow within the U.S. aiding the U.S. economy even more.
For the Companies that Have their production out of the U.S., Hire their workers out of the U.S., Pay no worker benefits, Pay no Permits, Pay no Rent and purchase supplies Out of the U.S. BIG TAX INCREASE AND CLOSE THE LOOPHOLES.
Lets be Honest Their not doing the U.S. economy any good anyways. Its a one way drain as they make big bucks as Americans buy their products but invest nothing in U.S. Infrastructure and U.S. labor.
Pro-rate accordingly. Maybe some companies are good in one area and not in another . Some are 3/4 U.S. 1/4 Overseas. Etc.
The goal here is to Move the corporations back into the U.S. with the Jobs in the U.S. and to REWARD the companies that Stimulate the U.S. economy FOR REAL.
Right not all we have is talk of job creation and A lot of smoke and mirrors that protects the corporations while hurting the economy.
Time to Take the middle road Guys. A compromise. Something new and Unheard of in our current political arena.
Want a tax break then prove your company does something for the U.S. economy. Its contributes real jobs and Real benefits and Real Dollars in for all the dollars it sucks out.
If Your corporation does nothing directly for the U.S. Enonomy in the way of jobs and benefits then your company is just another entitlement that the conservatives are always griping about. A Corporate Entitlement thats simply a drain on the U.S. economy with nothing in and everything out.
The conservatives say its time to cut cut cut all entitlement programs to balance our budget.
Then that should include Corporate entitlements too, Its only fair.
