Spyntek Posted June 16, 2004 Share Posted June 16, 2004 With a shocking bit of news, Corporate america got a new tax break from the House Ways and Means committe. DOBBS: Late last night, the House Ways and Means Committee passed a massive tax cut for corporate America. Backers say the measure will create jobs. Critics say the bill is so riddled with gifts for big business that it's beginning to look like a Christmas tree. Peter Viles reports. PETER VILES, CNN CORRESPONDENT (voice-over): Only in Washington does Christmas come in June in the form of a $149 billion tax cut for corporate America, special presents in there for tobacco farmers, for the makers of bows and arrows and fishing tackle boxes, and for Eskimos that hunt whales. The 400-page bill was supposed to fix a simple problem, $4 billion in tax breaks ruled illegal by the World Trade Organization. RANGEL: You've taken this $4 billion problem and created it into a $140 billion tax cut. VILES: Republicans say the tax breaks for manufacturers and multinationals will create American jobs. They're calling the bill the Jobs Creation Act of 2004. REP. KEVIN BRADY ®, TEXAS: I think 90 percent of the bill is targeted right at creating U.S. jobs. VILES: But Democrats say the fine print will actually encourage more of the same overseas outsourcing. REP. LLOYD DOGGETT (D), TEXAS: It will encourage corporations to ship jobs overseas. It advantages their earnings in doing that. It does not provide any incentives for corporations to keep those jobs at home. VILES: The bill's so loaded up with special favors one Democrat said it had been sprinkled with fertilizer. REP. CHARLES RANGEL (D), NEW YORK: I want this bill to reach the floor as fast as possible, because it stinks to high heaven. VILES: And only in Washington could that criticism be taken as a compliment. So let me get this straight. Wiht companies that have publicly said that they will continue to outsource, even expand it, and with Corporate profits up 68.2%, Congress feels the need to give them a tax break!!! They say it will produce jobs. Well, unless and enformcement agency is set up to gurantee that this will spur new job growth, it won't happen. COngress is relying on corporations so-called "good will" and "good judgement" to hire more workers. When was the last time you saw a corporation give a damn about the average American. As with the first tax break, they will continure to pocket the money, expand outsourcing and leave us in the dust. Those who feel differently, let me as you, when did corporate america do anything worthwhile for you. Do you think they have your best interest at heart. THey will drop you like a bad habit if it means they could earn an extra .2 cents per share Link to comment Share on other sites More sharing options...
John S. Veteran Posted June 16, 2004 Veteran Share Posted June 16, 2004 Charles Rangel, he's a real gem...the one that introduced the draft bill 17 months ago that still has everyones panties in a bunch Lou Dobbs will rot your brain with pessimism. Link to comment Share on other sites More sharing options...
Spyntek Posted June 16, 2004 Author Share Posted June 16, 2004 Charles Rangel, he's a real gem...the one that introduced the draft bill 17 months ago that still has everyones panties in a bunchLou Dobbs will rot your brain with pessimism. No, Lou Dobbs sheds light on FACTS that republican's like to keep hidden in the darkness. Oh and by the way, HE IS AN ECONOMIST, so I would take his word on a lot of issues Link to comment Share on other sites More sharing options...
username Posted June 16, 2004 Share Posted June 16, 2004 No, Lou Dobbs sheds light on FACTS that republican's like to keep hidden in the darkness. Oh and by the way, HE IS AN ECONOMIST, so I would take his word on a lot of issues exactly, could not have said it better Link to comment Share on other sites More sharing options...
Fotix Posted June 16, 2004 Share Posted June 16, 2004 Keep up the good fight, Spyntek, even if I don't agree with you 31% of the time. (Y) You and I both know the corporate wolves in suits would fire each and every American worker they have if they knew any of those jobs could be replaced by a Bangladeshi working for peanuts to do the same job. It's unfortunate there's no part of our Constitution that inscribes that Americans must hire Americans instead of foreigners. Link to comment Share on other sites More sharing options...
aem4162 Posted June 16, 2004 Share Posted June 16, 2004 more evidence that the shrub's administration looks out for the companies instead of the people :angry: this **** makes me wonder how ANYONE could vote for the shrub Link to comment Share on other sites More sharing options...
3beanlimit Posted June 16, 2004 Share Posted June 16, 2004 Charles Rangel, he's a real gem...the one that introduced the draft bill 17 months ago that still has everyones panties in a bunchLou Dobbs will rot your brain with pessimism. He votes Republican, too... I kinda like watching Dobbs.....He's somewhat refreshing when compared to the pretenders........*cough* anyone at Fox *cough*.....Murcoch...*cough*.. Link to comment Share on other sites More sharing options...
nuka_t Posted June 16, 2004 Share Posted June 16, 2004 more evidence that the shrub's administration looks out for the companies instead of the people :angry:this **** makes me wonder how ANYONE could vote for the shrub they dont know about this ****. or if they do, they are too arrogant to admit it. Link to comment Share on other sites More sharing options...
Island Dog Posted June 16, 2004 Share Posted June 16, 2004 more evidence that the shrub's administration looks out for the companies instead of the people The companies that provides jobs for people. Link to comment Share on other sites More sharing options...
Pencilmonkey Posted June 16, 2004 Share Posted June 16, 2004 The companies that provides jobs for people. And by not adopting their 'fair share' of taxes by ratio of income generated, help to undermine society's infrastructure more than creating jobs will help it. If corporations pay less taxes, someone else must pay more in order to maintain the same service level. Now I wonder who that would be... And the companies do not provide jobs as any kind of humanitarian gesture....it is a direct relationship to generating more revenue. Which they then pay less taxes on. Link to comment Share on other sites More sharing options...
Glowstick Posted June 16, 2004 Share Posted June 16, 2004 Because you know, if a company gets a tax break, the first thing they'll do is hire new people. No, the management really doesn't get the idea to shove the saved money into their pockets. They'd never do that. Evar. Link to comment Share on other sites More sharing options...
aem4162 Posted June 16, 2004 Share Posted June 16, 2004 The companies that provides jobs for people. true (Y) jobs for people in india, china, and anywhere else they can get cheap labor Link to comment Share on other sites More sharing options...
Island Dog Posted June 16, 2004 Share Posted June 16, 2004 jobs for people in india, china, and anywhere else they can get cheap labor And how many jobs are in America, compared to the few thousand "jobs" shipped overseas? Link to comment Share on other sites More sharing options...
John S. Veteran Posted June 16, 2004 Veteran Share Posted June 16, 2004 He votes Republican, too...I kinda like watching Dobbs.....He's somewhat refreshing when compared to the pretenders........*cough* anyone at Fox *cough*.....Murcoch...*cough*.. Amazing that you can't recognize the leftist slant on CNN but are so quick to berate Fox. Neil Cavuto beats him in ratings btw ;) Link to comment Share on other sites More sharing options...
aem4162 Posted June 16, 2004 Share Posted June 16, 2004 And how many jobs are in America, compared to the few thousand "jobs" shipped overseas? not enough @ adonai... WHAT leftist slant????? :o Link to comment Share on other sites More sharing options...
nowimnothing Posted June 16, 2004 Share Posted June 16, 2004 wow, this whole thing is so textbook. republicans see it as a good thing because they say it'll create jobs. democrats see it as a bad thing because they say it'll lose jobs to outsourcing and just creates more benefits for the rich... huh. i feel like i've heard these arguments a million times... every single time a republican-ish bill has been proposed. Its a shame there's no crystal ball to look into to see what would happen. Because its DEFINITELY not as clearcut as either side is making it out to be. ****ing partisanship. Oh, and i bet myself that it was spyntek that posted this article when i read the slanted topic title... good thing i won. Link to comment Share on other sites More sharing options...
Spyntek Posted June 16, 2004 Author Share Posted June 16, 2004 And how many jobs are in America, compared to the few thousand "jobs" shipped overseas? You seem to think that those 4000 jobs are the enitre amount outsourced but NO. That is only in the first 3 months of this year and that number is only jproduced by the comanies willing to provide info. HOw about the ones that haven't and HOW MANY HAVE BEEN OUTSOURCED SINCE SHRUB TOOK OFFICE. To those who support my fight, thank you. I just hope that you will spread the word and help inform other hardworking americans, that way they can make the right decision come November Link to comment Share on other sites More sharing options...
Island Dog Posted June 17, 2004 Share Posted June 17, 2004 Link to comment Share on other sites More sharing options...
Pencilmonkey Posted June 17, 2004 Share Posted June 17, 2004 Wow....well reasoned rebuttal. Link to comment Share on other sites More sharing options...
Black Hawk Posted June 17, 2004 Share Posted June 17, 2004 OT but kinda on on topic: In general, when figures of jobs being created a year (or when they actually do it) are shown. Do they ever show how many jobs were lost? Kids that work on christmas, summer or quit their fast food job after only working a week. People that get laid off from factories corporations going bankrupt, etc. Not a jab and anything. I'm just curious. Link to comment Share on other sites More sharing options...
Fotix Posted June 17, 2004 Share Posted June 17, 2004 OT but kinda on on topic: In general, when figures of jobs being created a year (or when they actually do it) are shown. Do they ever show how many jobs were lost? Kids that work on christmas, summer or quit their fast food job after only working a week. People that get laid off from factories corporations going bankrupt, etc. Not a jab and anything. I'm just curious. There has been about an average 300,000 brand new jobless claims (people filing for unemployment) per month. And according to a new Pew study 3 out of 10 of the new jobs created are going to immigrants. Link to comment Share on other sites More sharing options...
Spyntek Posted June 17, 2004 Author Share Posted June 17, 2004 Wow....well reasoned rebuttal. Yes, unfortunately republicans only think in black and white. It will be their downfall Link to comment Share on other sites More sharing options...
John S. Veteran Posted June 17, 2004 Veteran Share Posted June 17, 2004 Yes, unfortunately republicans only think in black and white. It will be their downfall I'd much rather look at black and white than only see the fearmongering black side. Lookout! Behind you! They're outsourcing Internet Surfers!!!! Ruuuuuuuuun Link to comment Share on other sites More sharing options...
Pencilmonkey Posted June 18, 2004 Share Posted June 18, 2004 I'd much rather look at black and white than only see the fearmongering black side. Lookout! Behind you! They're outsourcing Internet Surfers!!!! Ruuuuuuuuun Nice sound bite. Republicans aren't gloom and doom because they are curently in charge and it bodes well for them to maintain a positive spin. Link to comment Share on other sites More sharing options...
Spyntek Posted June 18, 2004 Author Share Posted June 18, 2004 Nice sound bite. Republicans aren't gloom and doom because they are curently in charge and it bodes well for them to maintain a positive spin. Well, Shrub and his stafers will be putting a positive spin on things all the way to the unemployment line come Novermeber second. HOw worse can things get, now the Rummy has all but confirmed that it was admistration porcedure to torture inmates, holding one without the knowledge of the Red Cross, How many more did he do that too? Link to comment Share on other sites More sharing options...
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