Kelly T@ylor wrote:
Um... the .5 mill levy that was just shot down?
Um...ok. I agree with ya there.
I thought you were saying; when a corporation gets a tax cut, it costs you.
of course every corporation uses it's massive tax cuts and off-shore tax free reincorporations specifically to create new jobs, and not to pay extravagant bonus packages and salaries to CEO's and board members. who, of course, would never hire accounting firms to both do yearly audits and consult on how to best cover losses and inflate gains, which they will in turn ignore when doing their audits, and which will artificially inflate stock prices. and, of course, those CEO's would never dump their stocks hours before the company has to "restate it's earnings" causing the stock to massively plummet and obliterate thousands of mutual fund portfolios. nah, Bernie Ebbers, Dennis Kozlowski, Jack Welch, Joe Nacchio, Kenneth Lay, Jeff Skilling, they want the big tax breaks, they hire lobbyist to get laws passed on their behalf, they wine and dine politicians, because they're worried about jobs.
remember that thing called a "free market?" i believe that has something to do with a level playing field, whoever the best at what they do is able to succeed, well then, they deserve the success, right? how can it be a free market if the corporations with the most political influence and deepest pockets can tilt the playing field even further in their direction by getting tax breaks that smaller, upstart companies can't get simply because they can't kiss the right asses? look at it this way, General Motors can demand that a city in Michigan build them a factory and give them tax breaks for 10 years, because if they don't, boom, 10,000 jobs are going to Mexico or China. and then, after a year or two, if they still think they can get cheaper labor, move anyway. and guess what, it happened. now, go down to Hound Dogs and tell the owner that he should threaten the city of Columbus that he'll move to Dayton if his taxes aren't cut in half over the next 10 years. you think they'll throw him out of city hall, or just laugh in his face? what you are suggesting is not only harmful to small business, because it gives larger corporations more power and control, but it is inherently anti-competitive and AGAINST EVERYTHING AMERICAN STANDS FOR! ok, i got a little carried away on the last part, but the rest is on point.
either give tax breaks to all corporations, or none. picking and choosing b based on the size of the gorilla is unfair and wrong.