"That’s a perception the company has fueled itself, by making statements about how not taking a “bailout” has been beneficial to its recent resurgence. We realize the two transactions are quite different, and this loan was not a bailout." It's a good point but I think different....the loans maintained liquidity for the lenders versus bailing out a balance sheet. I guess it could be implied that Ford's balance sheet would have been screwed otherwise
god damn I made a thread and its up to 20 pages lol.i have no clue whats going on lol..this is a new si record for me
this thread sucks and is kinda sad we have a guy (ecsponger) living life to the fullest....and willing to share
This is the first post outside the title that I read before going back and taking a glance. I regret that glance.
Nah, corporations get way too many tax breaks already. Consumer confidence has never recovered from the recession. That is it, plain and simple. I work in the auto industry, and this is very clear by the numbers. Forecasted sales were in line with what one would expect after recovering from a recession, but the actual numbers didn't come close. Some manufacturers are laying off right now because of it. People saw their friends lose their asses, and now they are very cautious.
ontheissues.com No sides taken, just straight forward facts on all candidates with links and references.
Ford wasn't really bailed out. They sold off equity to help offset losses. They also took out loans right before the gov started shutting that all down. http://www.factcheck.org/2011/09/ford-motor-co-does-u-turn-on-bailouts/
Well, then say goodbye to all your companies as they move to England!! if we tax corporations heavily to pay for idiotic social programs, don't expect them to stick around, unless their CEO is a black and wants to support everything obummer does. Good bye jobs!! All you need to do is have the corporate tax rate at 18% instead of 30-%. Then companies will move here--more jobs , more taxable income. Why is it so hard for morons to understand that??
O Barry... hope you're not holding your breath on that Economics Nobel ... your suggestion is laughable. 4% growth and a healthy employment rate, all sustained by halving the corporate tax rate? If you really think that Apple wouldn't still hide billions overseas, you're dimmer than the rest of the 'morons'. Who are these companies that moved overseas due to high tax rates? You got a few examples? Good. Now.. ask yourself... what percentage of the U.S. corporate economy do they represent? What type of jobs would they bring here that aren't already here? You have reliable data on this? We didn't lose good white collar jobs because of the corporate tax rates, those people still live and work in NYC and SF, because they want to. The jobs we lost were mostly lower-education and lower-pay (think of call centers in India). Middle class jobs didn't go 'goodbye' because of high corporate tax rates. We lost them because of globalization and Nafta; any job that could be moved to a cheaper labor market was, and the reason that this was done was so that corporate profit could increase, and your portfolio could maintain a healthy ROI. Do you find time to ever read, in order to support the novels you unleash upon us? Or do you just like typing without backing it up? A marine-biologist-conservative-'Puerto Rican'-surfer-investor-cop, loyal to wall street. You know the saying, 'if you think everyone is an asshole, you're probably the asshole'? Next time you wanna comment on how everyone is a moron, think about that saying.
i say if your a company that moves from the us lets place some tariffs. do tariffs even exist anymore.
Funny, since we are bringing more work into the US from EU, and have been for a couple decades. No one is moving to England. If anything, they would move to Mexico, India, or China. The reasoning isn't taxes, it is cost of labor. We can't compete there, and never will be able to. We care too much about giving worker liveable wages. The US knows we can't compete with cost, so most manufacturing is now focused on winning based on quality. And it is working. Our customers have tried to go to Chinese suppliers twice now, and always come back to us. You get what you pay for. But I will admit that the corporate tax structure needs reform. However, it isn't because of the rates. It is more based on how they tax. Here is a good suggestion I have heard: "The simplest fix would be to equalize the treatment of interest and dividends, either by allowing corporations to deduct dividends or by granting an offsetting deduction or credit to stockholders. Most other large industrialized nations use the latter method." BTW, coming from a multi billion dollar corporation, I can tell you the big guys are not paying anywhere close to the 30%+ range (which is only the rate for larger companies). We have many many tax breaks.
The main companies I have heard of moving are holding and investment companies. They clearly get some benefit with reduced taxes, as they only exist to move money around. Engineering and manufacturing rarely move because of taxes. They move because they can pay 5000 workers an average of $10k a year in India for the same output as paying 7500 workers and average of $50k a year in the US.
A 4% GDP growth and an healthy low unemployment rate is very sustainable by halving the corporate rate ALONG with other measures as well. It has been done twice before in recent history. It is all around incentives to expand corporations growth. And I will tell you, white collar jobs, lots of them were lost ALONG with lower level jobs--more were hit in the lower levels solely because there are more of them. As for NAFTA and free trade, high taxes AND unions spurned those, as they did indeed cut into profits. The inversion strategy on the part of corporations is just starting. You need to stop reading all your leftist publications; they are, as usual, wrong (please see USSR). So are you. Now get back to work; I am going to take a nap after a 2 hour surf session.
Exactly. PFizer is one looking for an exit to a lower tax structure.. I hope it works for them. My point is simply by lowering our taxes to a rate lower than Europes, their companies will move here. Also, as a result of present policy of administration, next year, we will be returning to a recession. Simple solution is to, once again, lower taxes. See Kennedy and Reagan--worked twice before; would work again.