Republicans tax plan

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Tudamorf
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Re: Republicans tax plan

Post by Tudamorf » Wed Apr 13, 2011 3:45 am

Fyyr wrote:You don't know the difference?
http://en.wikipedia.org/wiki/Libertarian
Libertarianism is a political philosophy which upholds individual liberty, especially freedom of expression and action. Libertarianism includes diverse beliefs and organizations–all advocate either the minimization or the elimination of the state, and the goal of maximizing individual liberty and freedom.
http://en.wikipedia.org/wiki/Anarchism
Anarchism is a political philosophy which considers the state undesirable, unnecessary, and harmful, and instead promotes a stateless society, or anarchy. Anarchists seek to diminish or even abolish authority in the conduct of human relations.
What's the real difference? You both want to do whatever you want, and see no general responsibility towards others.

Fyyr
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Re: Republicans tax plan

Post by Fyyr » Wed Apr 13, 2011 5:41 am

Tudamorf wrote: and see no general responsibility towards others.
You added that conclusion yourself.

Without understanding either of the two philosophies, or the differences between them.

X, wrong answer.

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Tudamorf
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Re: Republicans tax plan

Post by Tudamorf » Wed Apr 13, 2011 1:00 pm

Fyyr wrote:
Tudamorf wrote: and see no general responsibility towards others.
You added that conclusion yourself.

Without understanding either of the two philosophies, or the differences between them.
Name one responsibility a libertarian sees towards other members of his society.

And no, "hand meets fist" is not a responsibility, it's a legal loophole in libertarianism that you use to settle conflicts, because libertarians don't want to admit they need laws.

I mean a responsibility towards others even when they don't directly interfere in your affairs.

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Tudamorf
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Re: Republicans tax plan

Post by Tudamorf » Sat May 14, 2011 4:35 pm

Gingrich on corporate taxation:

http://www.businessweek.com/ap/financia ... 6VIQG0.htm
Gingrich says 2012 election biggest since 1860

Saying he wanted to slash an array of taxes and bureaucracies, Gingrich praised the author of the "Laffer Curve," an economic theory that says unless taxes are kept low, individuals and corporations will invest less and seek ways to avoid paying taxes.

Gingrich cited GE. The company reported global profits of $14.2 billion last year, including $5.1 billion from U.S operations, but modest tax liabilities.

Gingrich said the 35 percent corporate tax rate should be cut to 12.5 percent. He cited GE's "remarkably rational behavior in recognizing the corporate tax rate is clearly past the Laffer curve point. And so 375 tax lawyers in the largest tax department in the world" devised "a very clever strategy which enabled General Electric to pay zero corporate taxes."

After news organizations reported that GE might pay no corporate taxes for 2010, the company stated that it expects a "small U.S. income tax liability" for that year.

GE and others would pay more in taxes at a 12.5 percent rate because they would consider it more fair and rational, Gingrich contended. He also urged eliminating the estate tax and extending former President George W. Bush's income tax cuts for high earners beyond 2013.
So the Republican tax strategy is to lower the corporate rate, which will cause them to pay more, because they're such nice guys and they'll suddenly realize it's fair and that they shouldn't use loopholes.

I really wonder how they manage to say this stuff in public with a straight face.

erianaiel
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Re: Republicans tax plan

Post by erianaiel » Sun May 15, 2011 1:12 pm

Tudamorf wrote:After news organizations reported that GE might pay no corporate taxes for 2010, the company stated that it expects a "small U.S. income tax liability" for that year.

I really wonder how they manage to say this stuff in public with a straight face.
Because they are paid (and paid well) to believe it.


Eri
(And it is easy to say things like this because nobody ever is going to ask you, and keep asking until you answer fully, what government tasks are going to be abandoned this round, and the next round and the next next round of 'slashing government spending'. Not that many care because it is easier and much more pleasant to delude yourself that you can maintain your comfortable organised life without paying any taxes at all).

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