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Brown Cafe UPS Forum
UPS Union Issues
Will the trickle down economics actually work?
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<blockquote data-quote="zubenelgenubi" data-source="post: 3269000" data-attributes="member: 63706"><p>I'm not necessarily against tax breaks for corporations, but they need to make it contingent on executives not making over a certain amount more than the average employee in each corporation. When executives stuff their own pockets, while calculating public assistance in to employee compensation, something needs to change. Tax breaks for the poor don't do anything, since most don't pay any federal income tax anyway, and many qualify for tax credits, and that money comes from somewhere.</p><p></p><p>The main thing that needs to change is taxing small businesses/self employed at personal income tax rates. Many don't actually bring in enough revenue to pay themselves a decent salary, especially when starting up, let alone make a profit. A lot of the needs our country has can be best met by small businesses, rather than large corporations, but the tax code, among other challenges, makes it nearly impossible to get the ball rolling.</p></blockquote><p></p>
[QUOTE="zubenelgenubi, post: 3269000, member: 63706"] I'm not necessarily against tax breaks for corporations, but they need to make it contingent on executives not making over a certain amount more than the average employee in each corporation. When executives stuff their own pockets, while calculating public assistance in to employee compensation, something needs to change. Tax breaks for the poor don't do anything, since most don't pay any federal income tax anyway, and many qualify for tax credits, and that money comes from somewhere. The main thing that needs to change is taxing small businesses/self employed at personal income tax rates. Many don't actually bring in enough revenue to pay themselves a decent salary, especially when starting up, let alone make a profit. A lot of the needs our country has can be best met by small businesses, rather than large corporations, but the tax code, among other challenges, makes it nearly impossible to get the ball rolling. [/QUOTE]
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Will the trickle down economics actually work?
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