ralph nader on expectations, the american dream, corporate welfare

DriveInDriveOut

Inordinately Right
he probably likes when corporations dont pay taxes, but not when government gives money to corporations or something silly
Apparently he thinks businesses who can't survive on their own should get government handouts. Oddly enough he doesn't feel the same way for individual citizens. Typical hypocrisy for a Neo-conservative.
 

1989

Well-Known Member
he probably likes when corporations dont pay taxes, but not when government gives money to corporations or something silly

Corporations don't pay taxes, People do.
Don't give money to corporations? He wouldn't be an Obama supporter then.
 

DriveInDriveOut

Inordinately Right
I don't see how they got their numbers. Jetblue, for example, shows in their 10K.
2015. 2014.
Income. : 1097 623
Tax expense: 420 222
You have to factor in all their corporate welfare. When you factor in all the subsidies lots of companies pay negative tax rates.

Not to mention tax loopholes.
"Jetblue, PG&E and Ryder used accelerated depreciation, a tax break that allows companies to write off the cost of their capital investments much faster than these investments wear out, to dramatically reduce their tax rates. CTJ has estimated that closing the accelerated depreciation loophole could raise more than $428 billion over the next decade.[2] Both Congress and President Barack Obama, however, have supported expanding the scope of this tax break in recent years. "
 
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1989

Well-Known Member
You have to factor in all their corporate welfare. When you factor in all the subsidies lots of companies pay negative tax rates.

Not to mention tax loopholes.
"Jetblue, PG&E and Ryder used accelerated depreciation, a tax break that allows companies to write off the cost of their capital investments much faster than these investments wear out, to dramatically reduce their tax rates. CTJ has estimated that closing the accelerated depreciation loophole could raise more than $428 billion over the next decade.[2] Both Congress and President Barack Obama, however, have supported expanding the scope of this tax break in recent years. "
Tax loopholes, incentives are there to encourage spending. Spending that may not take place without them. Besides, their 10K shows a tax expense of $420 mil in 2015 and $222 mil in 2014. We're did they come up with $20 mil in 2015? And $29 mil from 2011-2015?
 

rickyb

Well-Known Member
Tax loopholes, incentives are there to encourage spending. Spending that may not take place without them. Besides, their 10K shows a tax expense of $420 mil in 2015 and $222 mil in 2014. We're did they come up with $20 mil in 2015? And $29 mil from 2011-2015?
IF the government is going to be giving anyone money, it should go to people who earn $16/hr or less, not a bunch of already wealthy corporations
 

Babagounj

Strength through joy
Go to Venezuela and report on how well their system of gov't is working .
2 day work weeks would seem like something that you could enjoy .
 

rickyb

Well-Known Member
Go to Venezuela and report on how well their system of gov't is working .
2 day work weeks would seem like something that you could enjoy .
hows yours working lol?

you guys are overdue for a shorter work week with same wages. last time its been cut was in the 1930s.
 
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1989

Well-Known Member
IF the government is going to be giving anyone money, it should go to people who earn $16/hr or less, not a bunch of already wealthy corporations

But if you want to keep Boeing jobs in Washington state, you give Boeing over $8 bil. In tax breaks.
 
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