PDA

View Full Version : GOP Loves Big Govt When It Comes to the Miltry, Prison-indust Complex, Corp.Subsidies



nic34
01-10-2013, 12:03 PM
The United States has a serious Federal debt/deficit problem, and it is important for progressives to recognize that fact. There is no danger of the United States, with its enormous productive power and its enormous borrowing power, “becoming Greece” at any time in the foreseeable future. But the two problems are important, and must be dealt, not for the reasons the “small government” GOPers give, but for two very real ones: interest payments are taking up an ever-increasing portion of total Federal expenditures, and less and less money is available for national domestic spending, whether it be for infrastructure, education, research, or, let’s say, the National Weather Service and the Federal Aviation Administration. (Just wait for some Republican to propose that the FAA be given just enough funds to put every other flight under Air Traffic Control and for the NWS get along with being able to track every other hurricane. After all, Romney proposed a major defunding of FEMA.) That the current problem is largely the result of George W. Bush’s unpaid-for wars and Medicare expansion, and his tax cuts for his “you are my base” rich folks, needs to receive even more mention.


What has received virtually no publicity (although it has received from very nice endorsements, including one from the aforementioned Bill Clinton, see the document on the web) is the “Peoples’ Budget,” first released in 2011. It was produced by the Congressional Progressive Caucus under the leadership of Cong. Raul Grijalva of Arizona and supported by other Congressional figures like Sen. Bernie Sanders and presumably the newly re-elected Cong. Alan Grayson. The US is fortunate as compared with many other advanced capitalist countries that came a cropper during the 2007-2009 blow-up of finance capitalism in that it has some very deep pockets from which all kinds of money can be drawn (given the political will). And many of those pockets would be dug into with some form of the following measures (many of which appear in the People’s Budget, but some of which have been drawn from other sources over the years)

1. Raise personal income taxes on the rich and raise the collected taxes on the large corporations, embracing "tax and spend" under the slogan "Tax the rich; spend for the Nation." (On paper, US corporate tax rates rank fairly high; however as collected [the corporations employing many accountants] they rank rather low.)
2. Close all the tax loopholes for the same parties. (We are not talking about the charitable deductions and mortgage interest payments here, of course. But such measures would put lots of accountants out of work.)
3. Restrict the export of capital so that employment and the tax base here could expand.
4. Tax overseas profits.
5. Create a separate national capital expenditure budget like the state and localities have, funded by specific bonding authority. This would take all infrastructure spending off the Federal budget, and allow the nation to really deal with its rapidly deteriorating roads, railroads, mass transit, water supply, electrical grid, and internet systems.
6. End the so-called “drug war” which commits billions of dollars annually to law enforcement and imprisonment of non-violent “drug offenders,” which would significantly reduce the size of the US prison-industrial complex (highest number of incarcerated people in the world, by proportion overwhelmingly non-white) and tax the sale of the formerly “illicit” drugs (a potential biggie).
7. Create a Medicare-for-all/single-payer health care financing system that would save several hundred billion dollars per year in administrative costs.
8. End the subsidies for the agribusiness and the extractive industries.
9. Make massive cuts in military spending (while providing jobs in a re-industrialized United States for the 100s of thousands of displaced workers), beginning with the ending of the current US foreign wars and going on to a drawdown of the massive overseas military base system.
10. Institute a transaction tax on securities trades, as France has just done for certain types of transactions. (This one alone, at say 1%, could bring in huge amounts of revenue.)

Cigar
01-10-2013, 12:07 PM
But isn't this the same Government that some idiots say they will take on if the Government takes their Guns?

GrassrootsConservative
01-10-2013, 12:08 PM
But isn't this the same Government that some idiots say they will take on if the Government takes their Guns?

Aren't you the same racist dicklicker who says white people are afraid of progress?

Cigar
01-10-2013, 12:20 PM
Aren't you the same racist dicklicker who says white people are afraid of progress?

http://1.bp.blogspot.com/_woU5s2fwbZo/SLQPSx8f7cI/AAAAAAAAgVA/B0LsHQTd9oo/s400/bitch_slap.jpg

nic34
01-10-2013, 12:24 PM
But isn't this the same Government that some idiots say they will take on if the Government takes their Guns?

How are they gonna take it on if their guns are took?:rollseyes:

Uncle Slam
01-10-2013, 01:36 PM
Make no mistake, the GOP loves big government also, of course they have to lie about it to get elected.

patrickt
01-10-2013, 02:20 PM
Thread: GOP Loves Big Govt When It Comes to the Miltry, Prison-indust Complex, Corp.Subsidies (http://thepoliticalforums.com/threads/10073-GOP-Loves-Big-Govt-When-It-Comes-to-the-Miltry-Prison-indust-Complex-Corp-Subsidies)
When the thread title is a lie is there any point to continue reading?

Uncle Slam
01-10-2013, 03:17 PM
Thread: GOP Loves Big Govt When It Comes to the Miltry, Prison-indust Complex, Corp.Subsidies (http://thepoliticalforums.com/threads/10073-GOP-Loves-Big-Govt-When-It-Comes-to-the-Miltry-Prison-indust-Complex-Corp-Subsidies)


When the thread title is a lie is there any point to continue reading?

No, it's true.

keymanjim
01-10-2013, 03:20 PM
How are they gonna take it on if their guns are took?:rollseyes:
* taken

nic34
01-10-2013, 03:25 PM
It's a... I say, it's a joke, son....

zelmo1234
01-10-2013, 04:01 PM
Nic I am a business person, Today we had to tell 5 people that next week they would be receiveing that last check.

Between State, local, business, federal income and corporate taxes, I pay nearly 45% of my net profits in taxes. You want even more.

So I have enough money to live happily ever after, but am trying to build a legacy for my family, and some friends.

So tell me if I have to keep working harder for less? What is my incentive to keep doing business? Or would I be better of to just retire and close down the business? And start enjoying life!

We have 2 very large (250) employee's plus businesses in The WEst MI area that made that choice this week. All done at the end of 2013. over 500 workers without a job, sell off the equiptment, let the property go beck to the state. And call it quits. The reason there is not enough left in the business to make it worth there time.

You can not tax over seas profits, if they do not bring it back into the USA, which companies, including myself refuse to do because of the 35% taxation to do so!

The USA has the highest corporate tax rate in the world, and it is leading to this ecnomic funk that we are in.

So under your plan there would be no revitilized industry to employ the military personel that are gong to loose there jobs! Business does not ahve to stay here any longer.

And Yes we can become Greece, If the world switches from the US dollar as there curancy and that are many countries including China that are pushing for it? WE would become Greece immidiatly!

nic34
01-10-2013, 04:21 PM
I pay nearly 45% of my net profits in taxes.

I thought net "profit" was after paying taxes.....


You can not tax over seas profits, if they do not bring it back into the USA, which companies, including myself refuse to do because of the 35% taxation to do so!


Overseas? Thought you were in MI? Did 35% sink you during the 90's?

Think you need a better accountant.... or story....

zelmo1234
01-10-2013, 04:31 PM
you are corret net was the wrong word. My after the bills are paid profit.

In the 90's I was a liberal democrat son, blaming eveone but the guy in the mirror for my failures and thinking that the rich stole my wealth from me.

Fortunately one kind man tought me the difference. And the rest is history! when I started to copy the actions of the rich, my income started to rise, once I became an employer, I really started to see how wrong I had been.

Now I am the only conservative in a family full of liberals. but guess who they come to when they run out of money!

Taxes take money out of the economy. it is money that I can nto use to hire people of keep people employed.

It takes capital that could be used to upgrade equiptment and for the purchase of durable goods. This puts people to work.

Government spending not only takes money used for growth out of the economy! but it is the worst possible way to try and help people as the government agency designed ot distribute the help will eat up 70 to 80% of the dollars to be spent.