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Expats Renoucing Citizenship

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  #16  
Old 03-13-2014, 01:57 PM
Golfingnut Golfingnut is offline
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Originally Posted by graciegirl View Post
I am sorry. I wasn't paying attention. I was defending big business and you were talking about corporations doing business abroad.


Sorry. Knee jerk reaction.


I still think that we lived a very good life because Sweetie worked for a large corporation.
Help me

Last edited by Golfingnut; 03-13-2014 at 02:30 PM.
  #17  
Old 03-14-2014, 02:08 PM
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Originally Posted by njbchbum View Post
Just a couple of musings after reading this thread:

I do get a chuckle when our posters start to whine about $$ being 'offshored' in order to avoid paying taxes! Makes me wonder if they are the same posters who promote becoming Florida residents in order to avoid paying a personal income tax here as is paid in other states.

When was the last time a poor person started a new business with lots of employees in the U.S.?

Why do people condemn success rather than aspire and encourage others to be successful?

Years ago I would complain about the salary my husbands CEO made. My husband replied, I want him to make lots of money because that means maybe I will too someday. Why condemn those with large salaries? Why not work hard and aspire to make that salary too?
  #18  
Old 03-14-2014, 02:19 PM
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Originally Posted by perrjojo View Post

Years ago I would complain about the salary my husbands CEO made. My husband replied, I want him to make lots of money because that means maybe I will too someday. Why condemn those with large salaries? Why not work hard and aspire to make that salary too?
Actually in Washington the last few days, one side is accusing the other side or protecting large corporations tax breaks for moving overseas.

Problem is,,there is no such tax break !!!!

Makes you wonder
  #19  
Old 03-14-2014, 03:41 PM
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Quote:
Originally Posted by njbchbum View Post
Just a couple of musings after reading this thread:

I do get a chuckle when our posters start to whine about $$ being 'offshored' in order to avoid paying taxes! Makes me wonder if they are the same posters who promote becoming Florida residents in order to avoid paying a personal income tax here as is paid in other states.

When was the last time a poor person started a new business with lots of employees in the U.S.?

Why do people condemn success rather than aspire and encourage others to be successful?
I don't condemn their success - of course any astute business person will take advantage of a tax break, but surely the laws need to be changed.
  #20  
Old 03-14-2014, 03:53 PM
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I don't condemn their success - of course any astute business person will take advantage of a tax break, but surely the laws need to be changed.

Keep that thought in mind as you vote. If you recall, we heard VOLUMES during the last campaign and before and NOTHING has even been forwarded to discuss or discussed at all. The tax code needs revision


Raising or lowering taxes is NOT a revision of the entire outdated tax codes. If you read...there are full books written on this subject...some go as far as eliminating the IRS totally.
  #21  
Old 03-14-2014, 04:49 PM
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Does anyone have a solution?
  #22  
Old 03-14-2014, 09:16 PM
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I say we just take back our country.
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  #23  
Old 03-15-2014, 07:57 AM
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Here is an interesting documentary presented by American economist, author and professor Robert Reich.


"Inequality for All"


It can be viewed on netflix (streaming)

Before you get your political hackles up, be a little open minded.


Inequality for All - Wikipedia, the free encyclopedia




It does have some political overtones. But it also describes why our economy has suffered over the last 35 years.

The two main issues: Globalization and Technology.

No major economist disputes the effect of these two forces on the middle class.

You may not agree with every point made.... but trust me, it is very very interesting.

Some of the points made, no one can deny. The best solutions are often debated.

His main fix: Education. The problems is, fewer people can afford it.


From an economic stand point, as middle class wages shrink, our economic engine sputters since our economy is consumer driven.

There is a rich vs middle class discussion. It is not a rant and it definitely cannot be disputed.

Bottom line: as wealth collects at the top, the top only spends so much on stuff. As the middle class spends less, our economy suffers.

His view on the "class warefare" hyperbole and "job makers" are interesting too.

No matter where one is on the topic, they will find it interesting and educational.
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Old 03-15-2014, 08:04 AM
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Originally Posted by Golfingnut View Post
I think MOST Big businesses are in the process of destroying America. Most take and take bucket loads and then sprinkle back just enough to fool the masses.

If they leave, will you take up the slack and employ these workers? If not, what do you suggest they do to support their families?
  #25  
Old 03-15-2014, 08:06 AM
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Originally Posted by JourneyOfLife View Post
Here is an interesting documentary presented by American economist, author and professor Robert Reich.


"Inequality for All"


It can be viewed on netflix (streaming)

Before you get your political hackles up, be a little open minded.


Inequality for All - Wikipedia, the free encyclopedia




It does have some political overtones. But it also describes why our economy has suffered over the last 35 years.

The two main issues: Globalization and Technology.

No major economist disputes the effect of these two forces on the middle class.

You may not agree with every point made.... but trust me, it is very very interesting.

Some of the points made, no one can deny. The best solutions are often debated.

His main fix: Education. The problems is, fewer people can afford it.


From an economic stand point, as middle class wages shrink, our economic engine sputters since our economy is consumer driven.

There is a rich vs middle class discussion. It is not a rant and it definitely cannot be disputed.

Bottom line: as wealth collects at the top, the top only spends so much on stuff. As the middle class spends less, our economy suffers.

His view on the "class warefare" hyperbole and "job makers" are interesting too.

No matter where one is on the topic, they will find it interesting and educational.

Cost of education rose primarily because of easy access to government loans ...to support primarily Liberal Colleges and Universities.
  #26  
Old 03-15-2014, 08:09 AM
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Originally Posted by billethkid View Post
It is all well and good for those who have a cause against big business to paint "it" as the bad guys.... We all know if it were not for big business many or maybe more accurately most of us would not be where we are today.
Absolutely.
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  #27  
Old 03-15-2014, 08:10 AM
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Originally Posted by Golfingnut View Post
Does anyone have a solution?
Stop double taxation for owners of corporations. First the corporations are taxed then the owners are again taxed on the same income when they receive their dividends.
  #28  
Old 03-15-2014, 08:11 AM
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Originally Posted by villagerjack View Post
Cost of education rose primarily because of easy access to government loans ...to support primarily Liberal Colleges and Universities.
Boy if things were just that simple!

That is little more than a political sound bite some group fed you.

Read about it. There are plenty of studies on the issue.

There are many interconnected issues.
  #29  
Old 03-15-2014, 07:56 PM
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Originally Posted by JourneyOfLife View Post

That is little more than a political sound bite some group fed you.
.
Hardly. Perhaps Reich is feeding you?
  #30  
Old 03-16-2014, 07:30 AM
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Originally Posted by villagerjack View Post
Hardly. Perhaps Reich is feeding you?
No... Nice try!

But I do read a lot.

Cost of education has had a lot of press and there have been many non-partisan studies.

Universities got caught by surprise with that financial crisis and have been forced to look at some of their practices that have driven up costs.

Take some time to read about it. You can hardly do an internet search and not find a study.

Just make sure the author or funding organization is not biased too much.

Reich... did not comment much on education other than the recognition that as higher paid middle class workers (with less education) lose their jobs to globalization and technology... Education is increasingly the path to middle class wages!
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