Yeah... Portland is so business unfriendly that one of the worlds largest complex machining plants in the world owned by Boeing out in near 181 in Gresham somehow pays zippo in taxes.
LMAO this is the oldest argument in the book. Bush lowered taxes on all those people, in turn they made silly investments with the money and dam near bankrupted the country. Now we have record unemployment with the lowest taxes in over 70 years. Where did that get us?
DAMN....... I was just starting to calm down and you had to post this. That is so true. I am going to have to stay left of center, but don't push me too far, it's scary over there, and I would still shoot you if you attacked my home.
It's not that interesting if you read the bill. The maximum payment is one tenth of one percent, but not everyone pays that much. barfo
So none of you conservatives, who (in whichever state you live) always claim that your state is taxed more than most states, can show me a link to the list of states, showing how many jobs each lost due to their taxes? I think it would be put out by the organization that claims that all your income up to about April 15 each year goes to taxes. Only then each year, supposedly, do you start working for yourself instead of the government. See, here in Washington, we have no state income tax. Yet we hear the same propaganda every other state does--that we are a business-unfriendly state because we have something like the 6th highest taxes in the nation. It's all made up by conservatives and always has been.
I think the greater point is that if you want to encourage employment growth in your state, you don't raise taxes on businesses. After all, the more the government takes from the company, the less the company is able to hire.
Is the only place for companies to move, or grow in another state? They can't grow in other countries?
It isn't hard to find many, many small businesses that had multiple millions in sales this last year, but made zero profit, cut wages and laid people off. Where do you think that extra X thousands of dollars in tax will come from?
Again, focusing on the larger issue, does anyone ever ask why companies aren't hiring? Given the nature of our company, we get an unique view of what many different companies in disparate industries think of the future. Our verdict? They're terrified. Why? They can't begin to plan for the future due to government policies. What if health care goes through? What if cap and trade goes through? How do we pay for all this spending? Are we going to be allowed to compensate our employees as we see fit? What if unions get card check? How are consumers going to be able to afford our products? Firms are wringing every bit of productivity they can out of their workforce. Hiring employees is expensive. They're trying to lower expenses--including the size of their facilities--across the board. There is a huge anti-business wave right now, and companies are hunkering down. Raising taxes on these firms will only cause them to retreat further in their shell.
The reason we are in this mess is idiotic greedy lending practices. Banks won't lend money for construction or business. Meet in the middle and get this shit back on track. I guess I'm a moderate.
I'm not trying to be argumentative, but what do you mean by "idiotic greedy lending practices"? Banks are in business to make money. Why should I make a loan that's going to lose money? I understand your issue. Hell, I'm in real estate. I know the problems the industry is facing, but lending businesses more money isn't going to increase construction. Why build when there's a sufficient inventory? If you want an idiotic lending practice, make a loan that you know won't be repaid.
Why would you give an adjustable rate mortgage to someone who can barely make the low interest initial payment? Seems like an idiotic lending practice to me.
I think most would agree with you on that. You're forgetting that without government intervention, all of those banks would have had incentive to make safe, secure loans in order to make the most money for themselves. Perhaps you can start with the CRA (community reinvestment act). Does that make it sound like MORE government intervention would help? http://en.wikipedia.org/wiki/Community_Reinvestment_Act
