GM to open factory in China
This is a discussion on GM to open factory in China within the Off Topic & Humor Discussion forums, part of the The Back Porch category; I heard Stuart Varney say the other day that 10% of Americans pay 90% of the taxes.
I also hear politicians say they just want ...
November 29th, 2012 07:51 PM
I heard Stuart Varney say the other day that 10% of Americans pay 90% of the taxes.
I also hear politicians say they just want to make things fair. I know many people don't pay any taxes (income taxes) but receive a lion's share of services. How is paying nothing while other people are paying a lot...fair?
November 29th, 2012 07:59 PM
I say lets go with the tax hikes the left is proposing, and then go with the spending plan the right is proposing. We will end up closer to a balanced budget at least for the time being and then we can work on reducing both taxes AND spending.
Originally Posted by Jeanlouise
November 29th, 2012 09:14 PM
That would be a good plan IF the left would agree to immediate reduction in spending but they always promise reductions "next year" and they never come.
Originally Posted by steffen
November 29th, 2012 11:27 PM
Yeah, the spending cuts and tax increases need to happen simultaneously... don't any of these politicians listen to Dave Ramsey?
Originally Posted by Jeanlouise
November 30th, 2012 10:22 PM
Wow! Where should I start? The "wealthy" don't get tax breaks per say. It's their money to start with, not the governments. Because our government was once smart enough to understand wealthy individuals create business deals, companies, and investment opportunities that create jobs.
Originally Posted by Sig35seven
The "motherland" did not give them any opportunity. Individuals took personal risks, invested their money to make those opportunities for themselves. Their hard work is what made them, not the government.
I agree everyone should pay the same rate. Are you willing to, because you will have to pay a much larger percentage of your earnings to the government to pay the "same" rate as the wealthy?
I'm so tired of hearing the socialist politically correct assertions about the wealthy being passed off as fact when the truth is far different. You want an equal level playing field? Then pay the same rate as the wealthy. You can make voluntary contributions of earned become to the federal government. So will you?
November 30th, 2012 10:33 PM
Last warning, get it back on topic, GM to open factory in China.
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End the cycle of hatred, don’t give them a tomorrow."
November 30th, 2012 11:36 PM
I hope GM makes tons of money on the Chinese and repays all of the loans. The more successful GM is in China, the better.
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December 1st, 2012 12:39 PM
Agreed. One of the reasons our country is so broke is we have been sending our wealth offshore for decades by purchasing cheap imports. Not to say there should not be some imports but the current playing field is not level. GM's move into China for the products sold there may help in the long run. Perhaps more US companies might be encouraged if GM's venture is successful.
Originally Posted by Rock and Glock
December 1st, 2012 12:50 PM
If GM makes cars that sell in Shanghai, will you have to pedal them; like Fred Flintstone?
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