@5random1 He meant he want business to use tax cuts money to reinvest in there business to create more jobs. If business did that, then the republican objectives were met. Of course, business could choose not to invest and just horde the money and go on vacation.
Government can not significantly influence privet sector jobs no matter what they do. The only way government can create jobs is to create government jobs, which means that higher taxes and bigger government equals more jobs.
@BrandonSchleifer Every dollar govt takes away from citizens is one less dollar in the private sectors. Likewise if govt build roads, private sector is now competing with govt for resources such as concrete and cement. I want to save my money, and businesses to save theirs. Higher taxes would mean I have less to spend or save.
@Partyffs If we increase tariffs, every imports will become more expensive. The increase in commodity price, such as clothes, sugar, and cars,would be bad for american consumers. Not to mention the economic retaliation as other countries could raise tariffs for our exports. If you want domestic jobs, remove the regulation that makes things difficult to start a business or build new factories between states. Remove taxes so every dollar earned is kept, not taken. Remove minimum wage
Flat rate all fairly and take away some of the vicious tendency 's from the main taxing authority . Every one is tired of their BS ! Bring back jobs to the USA and and stop trying to take our bullets !
Just because someone is cutting their payroll doesn't mean they don't employ others. The burden of all taxes ultimately comes down to the bottom. You can't put weight on the top of the pyramid and say it won't affect the bottom. Companies (large and small) have two almighty powers: to set wages and prices. Taxing a company is virtually impossible: it simply raises the prices of the goods it produces. How much better to abolish all this nonsense and let people live their lives.
@bluetablepainting I love your pyramid analogy. We need a stable tax code, and work with what we've got. I would vote for a fair tax (consumption tax) and a balanced budget.
Who gives a fat rat's ass what Newt Gingrich thinks. How did this low-life bottom dweller creep back into the public eye? Maybe he's just trying to out bullshit Barama Obarry! Professional politicians are nothing but lying thieves. It's what they do, it's all they do!
Newt has it right but Michael was fair in his analysis until he went way out on that limb supporting "the unknown" interviewer about Arch Coal . That's a corporation I think. lol
If we tax, and corporations go elsewhere, we can always tax their products from other countries when they import them. If the Import tax is greater than normal corporation taxes, then they will build here.
@Joxman2k Products made in America are a lot more expensive than products made in china. If we raise taxes on import, then it would hurt the american export industry because of economic retaliation. You can't expect to raise taxes on import without other countries doing the same. Since our nation is based on imports, the american consumers are going to hurt. Not to mention, the companies that outsource produce more american jobs than those that don't.
No taxes on corporations makes sense, even for you leftwingers if you think about it. You can vent your anti-rich hatred via the income tax which is all loaded on their backs.
The corporation is an inanimate object. You hate the rich people who run corporations, and they are targeted via income tax.
Lowering taxes on the impersonal thing makes it easier for American businesses to compete against foreign businesses, and create more jobs.
@scottandrewhutchins Maybe you should stop paying for things you don't need like an exspensive internet connection and a computer with my tax money that the government decided you should have for sitting in front of your computer on Youtube.
Let's get rid of the Federal income tax for all and go back to the days before the 16th Amendment when taxes were only on items like alcohol and other non essential items. We should raise fees on imports, returning the gas tax to a general fund instead of being earmarked for building roads and gambling (stock markets). Would that not be fare? Why should workers be penalized for working no matter what their income?
@ivanoffw I agree with most of what you say, but I don't think we should raise fees on anything. Everything should be competitive. If the govt needs revenue, it should be through a sales tax (consumption/fair tax), that way the more a person spend, the more they pay in taxes.
I love how when corporations avoid paying taxes, it's called "smart" because they were able to find loopholes. When individuals avoid paying taxes, it's called "tax evasion" and they get fined and thrown in jail....
Corporations should create jobs because they should create jobs? I dunno.. I'm pretty liberal, but I don't get Shure's argument here. Also, I've decided I don't like Shure at all. So there's that. Moar Wes plzkthxbye.
To second my comments, I don't think either Newt or Cheney actually believe in what they say, probably because they have invested interest in some of these companies. I at least know that Cheney does with his Halliburton.
One thing I'll give Newt credit for... Is that he is a very smart Republican just like Cheney... Both handle talking points very well even when they are bombarded, Although I don't agree with anything they are saying.
Can't liberals debate? Don't they know their own talking points? He could have easily said to Newt: "Corporations have been having record profits and yet hundreds of thousands of jobs have been lost these last 3 years".
@Hammerfall794 that too... conservatives are soooo selfish, stupid and greedy, but if liberals are going to win debates, they have to step it up, the facts are on their side already, they just need to exercise their debating skills.
@alecton Liberals need to understand is that taxation is theft. You can't steal my money, and you shouldn't send a politician to do it for you. Free market> gov't programs
@alecton - that's a great post. There are legitimate arguments against what Newt is saying, but so few liberals seem to be able to articulate them. This 'interviewer' was woefully underprepared, he didn't even have a basic grasp on what he was asking. It's really no different than Fox News attempting to trap a Democrat into a soundbite, and just as cringeworthy.
High-tax economies like the Scandinavian countries (and also Japan) are actually better places to do business and are better places to live. Forbes Magazine put Denmark at the top of the list for best places to be business. Japan has the highest corporation tax in the world, yet it's economy is doing better then most. I know it sounds inherently wrong, but a high-tax economy is a healthy economy.
High-tax economies like the Scandinavian countries (and also Japan) are actually better places to do business and are better places to live. Forbes Magazine put Denmark at the top of the list for best places to be business. Japan has the highest corporation tax in the world, yet it's economy is doing better then most. I know it sounds inherently wrong, but a high-tax economy is a healthy economy.
I agree with Gingrich. No one wants to incorporate in a country where you have to pay taxes on your production and pay again on your accumulated capital.
Simply putting it, it is punishing coporations for being sucessful.
Companies are incorporating overseas, in places like the British Virgin Islands. (I don't mean outsourcing, its a whole different issue).
This capital could stay in the US if there were no taxes. Once out, there is nothing holding it from being reinvested somewhere else.
Under that stupid plan the middle class would disappear and the poor would be tossed out into the streets but that doesn't matter as long as billion dollar corporations get more tax breaks they don't need.
Conservatives like Gingrich think small. The power invested in the status quo will stop investing once it is safe to do so, and milk us for everything they can. IDIOTS.
Corporation should be banned from moving to tax havens. that does not creat 'jobs' or 'lower spending'. If company x employees 10,000 people and makes 1 million dollar profits and gets taxed 10% it wont say oh great lets employ more people.likewise it gets taxed 40% it wont say damn lets cut jobs. companies making a loss dont pay tax anyway. If Intel want to invest and buy a factor in the US, that is a cost to the business hence tax deductible.If company x pay less taxes it donates more to GOP
Economic profit is what happens AFTER you're hired all the labor, machines, materials you need; and even your own normal payment to yourself as the owner. That's basically unused money that COULD be used later to expand the business. But, if the owner chooses not to expand that plant/make another one or chooses to build one overseas no jobs can be created in that other plant without efficiency going down, which no corporation would do.
Corporations have moved all but some service functions out of the USA... what NEW jobs are they creating? Increase taxes on imports from out of country ESPECIALLY imports from American-based corporations.
I wish that the "Think Progress" reporter/interviewer asking the questions to Newt had kinda brought a little more intellectual ammunition to the interview/debate. You can't go toe-to-toe with an intellectual politico like Gingrich without having some facts to back your assertions that Corporations not sharing in the building of America's infrastructure is a bad thing.
I know that the Think Progress folks mean well & that they are trying to keep it simple for the regular folk, but still...
Pls don't admit you're Canadian, since you're an insult to all the reasonable people in this country. Regarding what Gingrich is saying here, most economists would agree with his main premise. Of course, politics and economics never has a right answer, as that depends on what you value (eg. collectivism vs. individualism, state vs. private property and power etc), but his reasoning is sound.
The major problem of this situation is that the Republican party has been purchased by the corporations of this nation - bought and paid for so that they can do the bidding of wealthy share-holders against the better judgement and well-being of the American citizens. These people should be ashamed of themselves, but luckily for them they are the most ignorant and disfunctionally raised human beings who aspire to control others by their own will.
You don't have to be an economist to know that discouraging people from being successful by punishing them with excessive taxes is not a healthy economic model and will only hurt the country in the long run. We have already had this kind of radical class warfare for the past three years where small businesses are penalized for growing the economy, and now we have the largest budget deficit in U.S. history and an economy in the dirt. America needs to start appreciating small businesses.
And tossing money hand over fist at the military is somehow not sucking us dry?
I'd say two unfunded wars waged for the profit of a few corporations that literally vaporize money at the rate of billions of dollars a month for nothing is just as big a waste of money as cutting taxes for those who are undeserving of them just simply so they can hide more money.
@Hammerfall794 I agree with you on the war. We don't need it. But we don't need taxes either. Taxing the rich and productive will hurt their constituents. Whenever we tax something, we get less of what we tax. If you tax business, we will have less business. If you tax my money, I will have less money to spend. If you tax gas, people might drive less, but everything else will cost more. We need a consumption tax to replace all current taxes.
Honestly, if any of this is surprising or astonishingly horrid to anyone, than I implore you to see reason and truth. The United States Government (not the people, my heart aches for the people) IS A CORPORATION and its partners are the UK and Israel. When people say the US Gov. is in cahoots with corporations, I laugh. The US is a corporation. Israel is it's offshore defense dept. and ministry and the UK is its (horribly prejudicial) departmental advisor on foreign policy. The US is diseased.
More regulations and taxes creates government jobs to enforce those regulations and collect those taxes, and eliminates the possibility of workers being underpaid, or of the corporations exploiting loopholes to screw the government. Regulations and taxes make less billionaires, but they also make less poor people.
if you still believe there is a difference between the republicans and democrats, then I have a bridge for you in brooklyn to buy. no matter who is in power, NONE of them are lowering taxes for working people, they are all in the pockets of corporate america, and no matter who runs the white house or congress for the past 30 years, the system has not worked for the average person. hence, they are all in cahoots together
So corporations are not paying their fair share of their taxes but the working class has to pay their share and then some. Remember it's not just the taxes from our paychecks but in all things that we pay for. Maybe Newt is right and they should close those pesky loopholes for the middle class like deductions and earned income tax credits. That should teach the middle class not to be meddling in the rich corporation's pockets! Shame on us! We just built this country! We don't have rights!
Mr.Gingrich, who will monitor / police those corporations to make sure that they really do reinvest the zero tax concessions and honor the incentive that you want to give them?
For a zero tax concession (incentive)...Those corporations should be made to employ a very, very large number of American taxpayers!
You've GOT to understand economics to talk about these things, and I think Newt does, which makes it more insidious -
These companies do well, they make their money, they spread over the world because of the stability in American society. The stability in American society comes from our rule of law and our security. We have these criteria because we have a strong police force and military. Taxes pay for these. The more they protect, the more you should be taxes, like any kind of insurance.
I had wished that the reporter who interviewed Newt had brought in some more intellectual ammunition. Why battle with a conservative intellectual like that with simple dumbed-down questions?
Newt defintely won this battle if for nothing else, his reasoning.
I love how Newt pretends he didn't take one business class in school. Your profits are what you make after you put all the money you need into the business for a set amount of time, which include employee pay, costs of materials to make the product, etc. He makes me sick.
@wetweasel56 What makes you think I agree that unions should be allowed to donate to candidates? What you did there was make a huge assumption based on what you think is my political persuasion. I think that makes you the idiot. You need to work on your debate style.
I happen to be a conservative and completely disagree with the Court decision to allow corporations to donate. It's bringing about the ruin of our democracy.
@NuPappa I think corporation should be allowed to donate; so long as govt is powerful, there will always be incentive for them to bribe govt. We need to limit govt's power, so no matter how much govt was bribe, it will never have the power to reciprocate.
It‘s interesting how liberals scream about how corporations spend so much money to get Republicans elected. Yet in the same breath, Dems praise labor unions as real people -- completely ignoring the “corporations” that employ them and the astronomical amounts corporate UNIONS spend to elect Democrats.
I have small fear, that USA could fall into the second civil war, when republicans are making bigger and bigger divides between rich and poor, choking off the free will, making more zealot like actions and overall being dumb-asses with greed. They say they are right, pure. But they all are full of sins themselves. And neither they deny it or just dont know it. Sad sad bunch of people.
Ah, so as long as the PEOPLE are paying the Gov. so that's OK?! Someone has to pay the Gov. so why not let the poor and middleclass ppl pay insted of the mega-rich corperations?!
i know i'm speaking to probably the largest collection of retards on the net but I'm gonna ask this question for the 10000th time to you fucks. How does low tax rates (meaning people get to keep more of their own money) lead to an economic recession? I know all you economic illiterates like to blame Bush because he's Bush, but you've all failed to draw a connection with people keeping more of their own money to a recession. You cant tell me it collapsed because the tards in DC dont have money.
Actually, dumbshit, who the fuck is arguing that? On the other hand Bush did start two simultaneous wars while also slashing taxes (which Obama has obviously continued) which is fucking brilliant economic policy, right?
@TheUnitedStatists simple, the us economy works by the circulation of money, the people who are not paying these taxes are not contributing to this circulation. The U.S has a bunch of programs that need to be paid, if they aren't paying their share, then who pays the bill....the ones who are paying more taxes
@dakingang3l The US has a bunch of programs that are not constitutional and should be there. Those programs need to be cut. Gov't should operate within their means and not go on these deficit spending, raising the national debt.
Newt Grinch is the biggest fucking idiot running. Obama must be praying for him or Palin to be the Republican nominee in 2012! I´m just hoping a progressive Democrat will run against Obama.
Corporations are uncontrollable, hierarchical, inevitably totalitarian organizations that seek to absorb and destroy without conscience. They must be dissolved, or they will destroy themselves and take us with them.
Those companies employ thousands and thousands of people...who get paid shit with little or no benefits. Funny thing is, I actually AGREE with Newt's basic idea - incentives for corporations - but they should be creating U.S.-based jobs that pay LIVING wages and provide good benefits, ESPECIALLY since the execs are taking home millions/billions. I doubt that's the case. Not that Newt cares.
Newt Gingrich is the living embodiment of hypocritical, corporate cow-towing, two-faced, lying sack of crap. If you ever need an example of what is wrong with politics, just look at him.
Terrible coverage of Newt's comments, didn't have any specifics about the company they were talking about & said that repubs create jobs by lowering taxes and dems create jobs by creating jobs? Wow, how profound, how specific, what a great idea. I miss Cenk!
Newt is describing what the company I work for did. They got 15 mil from the fed gov to expand the factory because we won a contract and now make a certain part for a certain "bailed out" company, and they claimed they would hire 200 full-time workers after construction finished. They finished in late January, orders are up and only a dozen people have been hired, about 20-30 temp workers now graze our factory as well. The corporate welfare and low-paying temp jobs courtesy of Scott Walker.
Good thing he won't actually run. Officially running would cut the money that he's getting in contributions, or at least the way he can spend the money.
Newt is clueless as usual, and has it all 180degrees backwards-- making corporations pay higher taxes CREATES JOBS. They are incentivized to spend the money pre-tax, increasing their business, including buying machinery and creating jobs, instead of paying it in as taxes.
@jpav0923, I hope your a troll, because sheep like you are simply sad, the GOP have been crying for years that tax cuts create jobs, yet Bush cut taxes TWICE and lost over 3 million jobs, it's bullshit. If you can't see the conflict of interest of rich people telling you that cutting there taxes is good for YOU, then you're a idiot.
@jpav0923, While there are more factors to creating jobs than just government spending in a stalled economy,Obama actually has created jobs and raised GDP. Once again you're bitching about spending yet advocating trillion dollars tax cuts for people who don't need them. If the GOP or you for that matter really cared about the deficit, you would demand a end to both wars, cuts in defense, closing tax loopholes that cost billions, and corporate welfare.
@TheDalinkwent "Obama actually has created jobs and raised GDP"
FALSE! Unemployment was around 7% when he became pres. It now hovers around 10%. IF he created jobs unemployment would not be higher. If I go to a blackjack table and lose $500 and win $100, is my net +100 or -400. Obama would say it is +100 the way he calculates.
I would cut EVERYTING (except defense). I would cut SS, Medicare, welfare (inc corporate welfare), bailouts, education, environment, transportation, etc MASSIVELY
@jpav0923, So you would cut everything BUT defense? this proves you're just a troll, we spend more on defense then all other nations combined, we also waste money building weapons and things we don't need, use or is obsolete, BTW the biggest abusers of corporate welfare is located in DEFENSE. Consdering you don't want defense cut, and said nothing about the two wasteful wars, deficits is not a problem as long as it's somthing you agree with or were TOLD to agree with.
@TheDalinkwent Nobody told me anything. I don't think the two wars was wasteful. They liberated millions of people, removed two evils retimes, and expanded America's power and influence in a vitally strategic region of the world. We have Iran hemmed in.
I am proud we spend more on defense than all other nation combined - that is why we have the strongest military in the world.
I think history will record GWB as a foreign policy visionary for his bold and decisive leadership.
@jpav0923, And you wonder why I call you a drone. so your glad that we spend money on weapons that we don't need or use? you don't mind spending trillions of dollars in a quagmire war? you don't mind spending massive amounts of money to police the world and liberate people thousands of miles away, yet when it comes to helping the people in the U.S, you want all programs ended. This is why people like you are simply amazing to behold.
There clearly is a difference between the parties on taxes. The Dems love taxes and want to stick it to people. THe GOP respects the hard work of taxpayers in earning the money to pay the taxes. We are ridiculously overtaxed and need to massively cut taxes on EVERYBODY - yes, that means "the evil rich".
@jpav0923 False-- the Democrats want to stop letting the wealthy skate by and pay a pittance as they grab more and more of the nations' wealth, while for the past 30 years the Republicans have continued pushing the "Trick(le) down/voodoo(doo) economics BS at the expense of the middle classes income stagnating and finally massive job losses.
Cutting taxes for the wealthy does not create jobs, raising taxes on the wealthy does. That is basic business economics --pre-tax v. after-tax incentives.
A entry level McDonalds employee pays more in taxes than 2/3rds of American corporations combined. The only jobs the GOP help to make are in China while they are laying off millions of teachers.
Does anyone know what zero tax's and zero regulations for the upper class, yet high tax and extreme babysitting for the lower class is? Its feudal enslavement. Conservatives: bringing back the dark ages, one vote at a time.
At least cutting taxes for commercial corporations has a slim chance at increasing employment that cutting taxes for random billionaire individuals won't.
That said, I still watch the American right-wing ruin their country by owing favours to the ones who least need money.
Drug lords employ lots of people but they still go down on tax evasion charges if the feds. can't pin anything else on them. The bottom line is Newt thinks wealthy White men shouldn't have to pay taxes.
I'm really tired of people playing politics with century old economic policies. If cutting taxes for corporations helped create jobs, THEN WHY THE FUCK DO WE HAVE SUCH HIGH UNEMPLOYMENT?!
When will Americans realize that they can't vote their way out of the mess they've ignored themselves into? When will Americans wake up and smell the revolution?!?!
There is a legitimate argument for zero corporate taxes. But it would involve raising personal income tax significantly, campaign finance reform as well as a reversal on the citizens united decision.
The GOP is not looked at as credible, so it will never be heard.
Everyone, people or corporations who make an income (profits) should pay taxes. No deductions,one rate 25%. Then politicians could concentrate on spending the revenue on the things that the people have voted for. Less government, less politicians and no special interest groups.
newt gingrich only sounds smart by taking facts and spinning them into a narrative that sounds smart. you can take facts observed by say, gravity pulling things down, and spin them to say what is happening is the earth is expanding all the time and it catches up to objects thrown in the air. this is the essence of the current conservative "intellectual." true intelligence means taking facts, formulating a theory to explain, testing it, and adapting if shown wrong. that's not gingrich's style...
If what he said was true I would be all for it. The fact is though, without a STRONGER incentive, it will always be far more profitable to hire people in developing nations. Last year we gave HP a whole bunch of tax breaks but lasted time I checked 99% of their computers were made in China. Yes Newt, that TOTALLY worked.
Corporations have acquired, by judicial means, the rights of citizens - in fact, they have rights beyond any citizen. With the privilege of being a citizen comes the responsibility of paying taxes in order to maintain the society they benefit from (roads, law enforcement, fire fighters etc).
They also need to contribute to the cost of overthrowing democracies (that use local resources for public benefit) and propping up dictators, in order to allow them unfettered access to other economies.
If you raise taxes on corporations and they move out of the country then we lost jobs. You would have to dictate that they cant move out of the country but who would work for a tyrant?
@GodsatGaming Tariffs. Charge tariffs on goods coming in. Period. That will make it cheaper for companies to keep and build their factories in the US. This whole 'free trade' crap is wonderful for corporations, sucks for individuals. But they've done a beautiful PR job on selling it to ordinary americans, many of whom are now convinced that without it we're all doomed.
Weren't thousands and thousands of people laid off, Newt? Thanks for the non-existent job creation. Oh wait, job creation in food service and minimum wage retail.
"TYT wants people to listen to their opinion only, hate on God, ridicule Christians and that's about it."
I don't think that expecting God not to have petty needs is hating, we expect an all knowing, all powerful being, to behave better than mere mortals. As for ridiculing Christians- any ridiculous scripture, that promotes superstition, whether it be Christian, Islamic, Hindu, etc is not immune from criticism.
@elhacienda ...there's nothing wrong with the occasional oral storytelling. I understand what you're saying but listening to someone else read something is pretty nice for the imagination.
You really want to bring the jobs BACK home? Eliminate the tax write-off for shipping costs of materials TO the overseas factories AND for shipping the products HERE. That alone will negate the savings made by moving the jobs and they'll be back in a hurry. There...free solution...common sense...Congress will NEVER hear of it.
Somebody should tell Newt that when a corporation is already paying NO tax, then there is no incentive LEFT for them to do ANYTHING, apart from literally GIVING THEM MONEY...
Which some of the state governments are ACTUALLY DOING.
Find a better way to make you point. This was a bullshit video. And since when have corporations been expected to be altruistic? They are in business to make money. They go to other countries because those countries give them financial incentives to do so. Our government should do the same. I would rather pay 20% of my income to have a job than 0% of my unemployment for that job to go overseas.
Shure saying Gingrich is intelligent? Having heard Gingrich say the most vile and racist things, whatever education he had has been nullifed, in my humble opinion. I respectfully disagree with you, Shure.
@5random1 He meant he want business to use tax cuts money to reinvest in there business to create more jobs. If business did that, then the republican objectives were met. Of course, business could choose not to invest and just horde the money and go on vacation.
rzxwm10 2 months ago
So what if there's nothing altrusitic about how companies create jobs? That's beside the point.
LordZentei 2 months ago
Newts point. As long as the serfs have the promise of jobs whether they get them or not they should be happy.
xdassinx 2 months ago
can he look at the guy in the eyes
it looks like he's lying
XxMurasamexX 2 months ago
==== Dr Ronald Paul 2012 ====
pawel2003 4 months ago
Government can not significantly influence privet sector jobs no matter what they do. The only way government can create jobs is to create government jobs, which means that higher taxes and bigger government equals more jobs.
BrandonSchleifer 5 months ago
@BrandonSchleifer Every dollar govt takes away from citizens is one less dollar in the private sectors. Likewise if govt build roads, private sector is now competing with govt for resources such as concrete and cement. I want to save my money, and businesses to save theirs. Higher taxes would mean I have less to spend or save.
rzxwm10 2 months ago
If you dumb asses want jobs in the US raise the tax for out of country fabrication.
There by making it more profitable for the corp's to stay domestic.
Partyffs 6 months ago
@Partyffs If we increase tariffs, every imports will become more expensive. The increase in commodity price, such as clothes, sugar, and cars,would be bad for american consumers. Not to mention the economic retaliation as other countries could raise tariffs for our exports. If you want domestic jobs, remove the regulation that makes things difficult to start a business or build new factories between states. Remove taxes so every dollar earned is kept, not taken. Remove minimum wage
rzxwm10 2 months ago
Why is Cenk never at the TYT studio anymore?
oodlesofosz 8 months ago
Flat rate all fairly and take away some of the vicious tendency 's from the main taxing authority . Every one is tired of their BS ! Bring back jobs to the USA and and stop trying to take our bullets !
bradley3965 8 months ago
Just because someone is cutting their payroll doesn't mean they don't employ others. The burden of all taxes ultimately comes down to the bottom. You can't put weight on the top of the pyramid and say it won't affect the bottom. Companies (large and small) have two almighty powers: to set wages and prices. Taxing a company is virtually impossible: it simply raises the prices of the goods it produces. How much better to abolish all this nonsense and let people live their lives.
bluetablepainting 10 months ago 2
@bluetablepainting I love your pyramid analogy. We need a stable tax code, and work with what we've got. I would vote for a fair tax (consumption tax) and a balanced budget.
rzxwm10 2 months ago
to bad people did not realize this when bush took office....
premoblan 11 months ago
Calling Newt Gingrich!!! step up to the gallows pole and recieve your new neck tie, courtesy of the American people. TAXES AND OTHER FEES MAY APPLY
daveusaz1218 11 months ago
Everyone in America needs to incorporate themselves right now.
MobRulesNow 11 months ago 8
@MobRulesNow I like how you think.
whoiscarlito 11 months ago
I would like try to appeal to their conscience, but unfortunately they don't have one.
Doan84 11 months ago 2
gingrich napolitano pawlenty pelosi swinger party for raising energy costs on the peasants
gonadcancervictim 11 months ago
Who gives a fat rat's ass what Newt Gingrich thinks. How did this low-life bottom dweller creep back into the public eye? Maybe he's just trying to out bullshit Barama Obarry! Professional politicians are nothing but lying thieves. It's what they do, it's all they do!
TheComputerNazi 11 months ago
Newt has it right but Michael was fair in his analysis until he went way out on that limb supporting "the unknown" interviewer about Arch Coal . That's a corporation I think. lol
TheIndependentView2 11 months ago
If we tax, and corporations go elsewhere, we can always tax their products from other countries when they import them. If the Import tax is greater than normal corporation taxes, then they will build here.
And America will benefit thrice-fold.
:P
Joxman2k 11 months ago
@Joxman2k Products made in America are a lot more expensive than products made in china. If we raise taxes on import, then it would hurt the american export industry because of economic retaliation. You can't expect to raise taxes on import without other countries doing the same. Since our nation is based on imports, the american consumers are going to hurt. Not to mention, the companies that outsource produce more american jobs than those that don't.
rzxwm10 2 months ago
@rzxwm10
... agreed.
:)
:P
Joxman2k 2 months ago
No taxes on corporations makes sense, even for you leftwingers if you think about it. You can vent your anti-rich hatred via the income tax which is all loaded on their backs.
The corporation is an inanimate object. You hate the rich people who run corporations, and they are targeted via income tax.
Lowering taxes on the impersonal thing makes it easier for American businesses to compete against foreign businesses, and create more jobs.
RuflessRecords 11 months ago
While destitute people like me have to pay $220 in taxes for being on unemployment...
scottandrewhutchins 11 months ago
@scottandrewhutchins Maybe you should stop paying for things you don't need like an exspensive internet connection and a computer with my tax money that the government decided you should have for sitting in front of your computer on Youtube.
ImWatchinTheTube 11 months ago
@ImWatchinTheTube Then you think one hour per day on a computer at the library is a reasonable amount of time to devote to a job search?
scottandrewhutchins 11 months ago
Let's get rid of the Federal income tax for all and go back to the days before the 16th Amendment when taxes were only on items like alcohol and other non essential items. We should raise fees on imports, returning the gas tax to a general fund instead of being earmarked for building roads and gambling (stock markets). Would that not be fare? Why should workers be penalized for working no matter what their income?
ivanoffw 11 months ago
@ivanoffw I agree with most of what you say, but I don't think we should raise fees on anything. Everything should be competitive. If the govt needs revenue, it should be through a sales tax (consumption/fair tax), that way the more a person spend, the more they pay in taxes.
rzxwm10 2 months ago
I love how when corporations avoid paying taxes, it's called "smart" because they were able to find loopholes. When individuals avoid paying taxes, it's called "tax evasion" and they get fined and thrown in jail....
hootiemack 11 months ago
@hootiemack They didn't avoid paying taxes, the gov't want them not to pay taxes and use the money to reinvest in their business.
rzxwm10 2 months ago
his answer is so robotic, its so easy to tell hes bullshitting
theworm1244 11 months ago
Corporations should create jobs because they should create jobs? I dunno.. I'm pretty liberal, but I don't get Shure's argument here. Also, I've decided I don't like Shure at all. So there's that. Moar Wes plzkthxbye.
thecrazing 11 months ago
These corporations are sitting on record profits. They use our infastructure. Newt is a whore.
O2agenda 11 months ago
To second my comments, I don't think either Newt or Cheney actually believe in what they say, probably because they have invested interest in some of these companies. I at least know that Cheney does with his Halliburton.
Dayonetheone 11 months ago
One thing I'll give Newt credit for... Is that he is a very smart Republican just like Cheney... Both handle talking points very well even when they are bombarded, Although I don't agree with anything they are saying.
Dayonetheone 11 months ago
ADVICE CAPITALISM SEZ: Get bottom 95% to push for tax cuts for the top 1%.....Use extra money to move factory to China.
MasterAdam100 11 months ago
they are for the maxamum ammount of minimum wage jobs. Everyone can work for 7.36 an hour while others work for millions.
AForkSpoon 11 months ago
TYT - so Gingrich is a CORPORATE WHORE? - That's not really news!
DillonDee1 11 months ago
Gingrinch does not sound unreasonable AT ALL.
MakaiSama 11 months ago
"I WANNA BE PRESIDENT!!! WAAAAAHH!!!!" - Newt
Fry1989HD 11 months ago
So by Gingrich's logic should corporations that hire workers in other countries pay a 50% tax rate?
tylertyler82 11 months ago
Can't liberals debate? Don't they know their own talking points? He could have easily said to Newt: "Corporations have been having record profits and yet hundreds of thousands of jobs have been lost these last 3 years".
Why are liberals so stupid???
alecton 11 months ago
@alecton
Why are conservatives so selfish stupid and greedy?
Hammerfall794 11 months ago
@Hammerfall794 that too... conservatives are soooo selfish, stupid and greedy, but if liberals are going to win debates, they have to step it up, the facts are on their side already, they just need to exercise their debating skills.
alecton 9 months ago
@alecton Liberals need to understand is that taxation is theft. You can't steal my money, and you shouldn't send a politician to do it for you. Free market> gov't programs
rzxwm10 2 months ago
@alecton - that's a great post. There are legitimate arguments against what Newt is saying, but so few liberals seem to be able to articulate them. This 'interviewer' was woefully underprepared, he didn't even have a basic grasp on what he was asking. It's really no different than Fox News attempting to trap a Democrat into a soundbite, and just as cringeworthy.
Surlish 11 months ago
Where in the constitution does it say that if you create jobs you don't have to pay taxes?
RaynMan718 11 months ago
basically, blame foreigners. The end. huzzah, tactic is winning.
vinsong 11 months ago
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High-tax economies like the Scandinavian countries (and also Japan) are actually better places to do business and are better places to live. Forbes Magazine put Denmark at the top of the list for best places to be business. Japan has the highest corporation tax in the world, yet it's economy is doing better then most. I know it sounds inherently wrong, but a high-tax economy is a healthy economy.
theindiekidable 11 months ago
High-tax economies like the Scandinavian countries (and also Japan) are actually better places to do business and are better places to live. Forbes Magazine put Denmark at the top of the list for best places to be business. Japan has the highest corporation tax in the world, yet it's economy is doing better then most. I know it sounds inherently wrong, but a high-tax economy is a healthy economy.
theindiekidable 11 months ago 2
@theindiekidable Isn't it because high tax rates means more incentive to reinvest money?
SabreKitteh 11 months ago
I agree with Gingrich. No one wants to incorporate in a country where you have to pay taxes on your production and pay again on your accumulated capital.
Simply putting it, it is punishing coporations for being sucessful.
Companies are incorporating overseas, in places like the British Virgin Islands. (I don't mean outsourcing, its a whole different issue).
This capital could stay in the US if there were no taxes. Once out, there is nothing holding it from being reinvested somewhere else.
ziguirayou 11 months ago
@ziguirayou
Under that stupid plan the middle class would disappear and the poor would be tossed out into the streets but that doesn't matter as long as billion dollar corporations get more tax breaks they don't need.
Hammerfall794 11 months ago
the only jobs i see being created are in china lololololololololololololololololololololol
lilnicky492 11 months ago
Conservatives like Gingrich think small. The power invested in the status quo will stop investing once it is safe to do so, and milk us for everything they can. IDIOTS.
j0hnwi11iams 11 months ago 3
Corporation should be banned from moving to tax havens. that does not creat 'jobs' or 'lower spending'. If company x employees 10,000 people and makes 1 million dollar profits and gets taxed 10% it wont say oh great lets employ more people.likewise it gets taxed 40% it wont say damn lets cut jobs. companies making a loss dont pay tax anyway. If Intel want to invest and buy a factor in the US, that is a cost to the business hence tax deductible.If company x pay less taxes it donates more to GOP
harj2009 11 months ago
Google pays 2 percent tax . If I move abroad I still have to pay us taxes
harj2009 11 months ago
Economic profit is what happens AFTER you're hired all the labor, machines, materials you need; and even your own normal payment to yourself as the owner. That's basically unused money that COULD be used later to expand the business. But, if the owner chooses not to expand that plant/make another one or chooses to build one overseas no jobs can be created in that other plant without efficiency going down, which no corporation would do.
likmysaltybalz87 11 months ago
"I am for the workers paying all of the taxes, and CEOs paying no taxes."
DRok112 11 months ago
Corporations have moved all but some service functions out of the USA... what NEW jobs are they creating? Increase taxes on imports from out of country ESPECIALLY imports from American-based corporations.
xephyr1000 11 months ago
I wish that the "Think Progress" reporter/interviewer asking the questions to Newt had kinda brought a little more intellectual ammunition to the interview/debate. You can't go toe-to-toe with an intellectual politico like Gingrich without having some facts to back your assertions that Corporations not sharing in the building of America's infrastructure is a bad thing.
I know that the Think Progress folks mean well & that they are trying to keep it simple for the regular folk, but still...
willia3r 11 months ago
Even I, a Canadian, who has very basic schooling, know that what Newt is sa ying is complete bullshit.
wtf kind of name is newt anyway ? I thought those are the things you keep in fish tanks. what idiot names their kid newt.
brenthoser99 11 months ago
@brenthoser99
Pls don't admit you're Canadian, since you're an insult to all the reasonable people in this country. Regarding what Gingrich is saying here, most economists would agree with his main premise. Of course, politics and economics never has a right answer, as that depends on what you value (eg. collectivism vs. individualism, state vs. private property and power etc), but his reasoning is sound.
Regarding his name, blame his parents, you idiot
hofifut 11 months ago
The major problem of this situation is that the Republican party has been purchased by the corporations of this nation - bought and paid for so that they can do the bidding of wealthy share-holders against the better judgement and well-being of the American citizens. These people should be ashamed of themselves, but luckily for them they are the most ignorant and disfunctionally raised human beings who aspire to control others by their own will.
GiveMeClarity 11 months ago
You don't have to be an economist to know that discouraging people from being successful by punishing them with excessive taxes is not a healthy economic model and will only hurt the country in the long run. We have already had this kind of radical class warfare for the past three years where small businesses are penalized for growing the economy, and now we have the largest budget deficit in U.S. history and an economy in the dirt. America needs to start appreciating small businesses.
tehant1liberal 11 months ago
@tehant1liberal
And tossing money hand over fist at the military is somehow not sucking us dry?
I'd say two unfunded wars waged for the profit of a few corporations that literally vaporize money at the rate of billions of dollars a month for nothing is just as big a waste of money as cutting taxes for those who are undeserving of them just simply so they can hide more money.
Hammerfall794 11 months ago
@Hammerfall794 I agree with you on the war. We don't need it. But we don't need taxes either. Taxing the rich and productive will hurt their constituents. Whenever we tax something, we get less of what we tax. If you tax business, we will have less business. If you tax my money, I will have less money to spend. If you tax gas, people might drive less, but everything else will cost more. We need a consumption tax to replace all current taxes.
rzxwm10 2 months ago
That's just for starters. If Newt had his way, corporations would be able to vote and hold office.
titans1984 11 months ago
That guy looks evil.
FreeFireGaming 11 months ago
Honestly, if any of this is surprising or astonishingly horrid to anyone, than I implore you to see reason and truth. The United States Government (not the people, my heart aches for the people) IS A CORPORATION and its partners are the UK and Israel. When people say the US Gov. is in cahoots with corporations, I laugh. The US is a corporation. Israel is it's offshore defense dept. and ministry and the UK is its (horribly prejudicial) departmental advisor on foreign policy. The US is diseased.
SmaragdineSage 11 months ago
Flaw in the Republican argument:
More regulations and taxes creates government jobs to enforce those regulations and collect those taxes, and eliminates the possibility of workers being underpaid, or of the corporations exploiting loopholes to screw the government. Regulations and taxes make less billionaires, but they also make less poor people.
BrandonSchleifer 11 months ago
it isn't just wages that other countries have better... its just environment...
think in California they have so many regulations on the environment & starting up a business that it is just cheaper to relocate to china
GodAthie 11 months ago
if you still believe there is a difference between the republicans and democrats, then I have a bridge for you in brooklyn to buy. no matter who is in power, NONE of them are lowering taxes for working people, they are all in the pockets of corporate america, and no matter who runs the white house or congress for the past 30 years, the system has not worked for the average person. hence, they are all in cahoots together
AbuMubarak 11 months ago
So corporations are not paying their fair share of their taxes but the working class has to pay their share and then some. Remember it's not just the taxes from our paychecks but in all things that we pay for. Maybe Newt is right and they should close those pesky loopholes for the middle class like deductions and earned income tax credits. That should teach the middle class not to be meddling in the rich corporation's pockets! Shame on us! We just built this country! We don't have rights!
joe3292 11 months ago
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Another piece of shit.
Bristow42 11 months ago
Mr.Gingrich, who will monitor / police those corporations to make sure that they really do reinvest the zero tax concessions and honor the incentive that you want to give them?
For a zero tax concession (incentive)...Those corporations should be made to employ a very, very large number of American taxpayers!
12235117657598502586 11 months ago
You've GOT to understand economics to talk about these things, and I think Newt does, which makes it more insidious -
These companies do well, they make their money, they spread over the world because of the stability in American society. The stability in American society comes from our rule of law and our security. We have these criteria because we have a strong police force and military. Taxes pay for these. The more they protect, the more you should be taxes, like any kind of insurance.
dEdGrimley 11 months ago
@dEdGrimley
I had wished that the reporter who interviewed Newt had brought in some more intellectual ammunition. Why battle with a conservative intellectual like that with simple dumbed-down questions?
Newt defintely won this battle if for nothing else, his reasoning.
willia3r 11 months ago
is anyone suprised by this?
hou12396 11 months ago
I love how Newt pretends he didn't take one business class in school. Your profits are what you make after you put all the money you need into the business for a set amount of time, which include employee pay, costs of materials to make the product, etc. He makes me sick.
aintisaword 11 months ago
This seems like a conflict in the Republican party line:
1. Corporations are "people" and can donate to candidates, unlimited.
2. Corporates are not "people" and they don't have to pay taxes.
Which is it?
NuPappa 11 months ago 96
@NuPappa Corporations are people, but they are tourists that couch-surf in the American Publics' spare room, watching TV all day?
Shinhaquro 11 months ago
@NuPappa
Absolutely.
dEdGrimley 11 months ago
@NuPappa They are hypocrites, I doubt they care.
PossessDismiss 11 months ago
@NuPappa
corporations can only donate a limited amount to a candidate... like everyone else...
what they can do is support an independent group and give them unlimited... not the same thing..
GodAthie 11 months ago
@NuPappa It's: Corporation get me elected. Tell me what to do, corporation.
harrysadlermusic 11 months ago
@NuPappa
Republicans are defining corporation as either or, on the basis of convenience.
iconicview 11 months ago 23
@NuPappa That is a very good point...
Dayonetheone 11 months ago
@NuPappa....Democrats like unions, unions are not people, they donate to candidates.
You are an idiot.
wetweasel56 11 months ago
@wetweasel56 What makes you think I agree that unions should be allowed to donate to candidates? What you did there was make a huge assumption based on what you think is my political persuasion. I think that makes you the idiot. You need to work on your debate style.
I happen to be a conservative and completely disagree with the Court decision to allow corporations to donate. It's bringing about the ruin of our democracy.
Any time you want to debate, let me know.
NuPappa 11 months ago
@NuPappa I think corporation should be allowed to donate; so long as govt is powerful, there will always be incentive for them to bribe govt. We need to limit govt's power, so no matter how much govt was bribe, it will never have the power to reciprocate.
rzxwm10 2 months ago
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It‘s interesting how liberals scream about how corporations spend so much money to get Republicans elected. Yet in the same breath, Dems praise labor unions as real people -- completely ignoring the “corporations” that employ them and the astronomical amounts corporate UNIONS spend to elect Democrats.
vechorik 6 months ago
I have small fear, that USA could fall into the second civil war, when republicans are making bigger and bigger divides between rich and poor, choking off the free will, making more zealot like actions and overall being dumb-asses with greed. They say they are right, pure. But they all are full of sins themselves. And neither they deny it or just dont know it. Sad sad bunch of people.
4life4win 11 months ago
Ah, so as long as the PEOPLE are paying the Gov. so that's OK?! Someone has to pay the Gov. so why not let the poor and middleclass ppl pay insted of the mega-rich corperations?!
ginko27 11 months ago
i know i'm speaking to probably the largest collection of retards on the net but I'm gonna ask this question for the 10000th time to you fucks. How does low tax rates (meaning people get to keep more of their own money) lead to an economic recession? I know all you economic illiterates like to blame Bush because he's Bush, but you've all failed to draw a connection with people keeping more of their own money to a recession. You cant tell me it collapsed because the tards in DC dont have money.
TheUnitedStatists 11 months ago
@TheUnitedStatists
Actually, dumbshit, who the fuck is arguing that? On the other hand Bush did start two simultaneous wars while also slashing taxes (which Obama has obviously continued) which is fucking brilliant economic policy, right?
Are you a "deficit hawk"?
herrrpderrrp 11 months ago
@TheUnitedStatists simple, the us economy works by the circulation of money, the people who are not paying these taxes are not contributing to this circulation. The U.S has a bunch of programs that need to be paid, if they aren't paying their share, then who pays the bill....the ones who are paying more taxes
dakingang3l 11 months ago
@dakingang3l The US has a bunch of programs that are not constitutional and should be there. Those programs need to be cut. Gov't should operate within their means and not go on these deficit spending, raising the national debt.
rzxwm10 2 months ago
Suppose you tax only the corporations, and none of the people.
That would add a lot of consumption, on which corporations can make a sound profit.
But they never want to see the equation in that sense, do they.
It's all about the big squeeze.
BelgianBrain 11 months ago
Ron Paul 2012!
akxeel 11 months ago
Newt Grinch is the biggest fucking idiot running. Obama must be praying for him or Palin to be the Republican nominee in 2012! I´m just hoping a progressive Democrat will run against Obama.
"Weiner 2012 - Atleast he´s not a Dick"
BumfuzzledZeb 11 months ago
Corporations are uncontrollable, hierarchical, inevitably totalitarian organizations that seek to absorb and destroy without conscience. They must be dissolved, or they will destroy themselves and take us with them.
niriop 11 months ago
He's saying exactly what he needs to say to win 2012. He'll get lots of money for saying this and buy the election.
slitrobo 11 months ago
1984s my favorite book too!
OgreMECH 11 months ago
Gingrich would be happy to see the development of the "Umbrella Corporation"... and then we'll all be screwed when Resident Evil hits!!!
28stads 11 months ago
Those companies employ thousands and thousands of people...who get paid shit with little or no benefits. Funny thing is, I actually AGREE with Newt's basic idea - incentives for corporations - but they should be creating U.S.-based jobs that pay LIVING wages and provide good benefits, ESPECIALLY since the execs are taking home millions/billions. I doubt that's the case. Not that Newt cares.
ChildofBrando 11 months ago
I'm no fan of Newt but it's too bad they couldn't get a smarter guy for interviewing him.
Sovnarkom 11 months ago
Newt Gingrich is the living embodiment of hypocritical, corporate cow-towing, two-faced, lying sack of crap. If you ever need an example of what is wrong with politics, just look at him.
aquiace 11 months ago
OF COOOOOUURSE!
CHAOSoriginal 11 months ago
Newt has to be the most bought politician ever.
Zlibservacratican 11 months ago
Terrible coverage of Newt's comments, didn't have any specifics about the company they were talking about & said that repubs create jobs by lowering taxes and dems create jobs by creating jobs? Wow, how profound, how specific, what a great idea. I miss Cenk!
JCiznum1 11 months ago
America... stick a fork in it and flip it over.... its done.
wistoncap 11 months ago
Newt is describing what the company I work for did. They got 15 mil from the fed gov to expand the factory because we won a contract and now make a certain part for a certain "bailed out" company, and they claimed they would hire 200 full-time workers after construction finished. They finished in late January, orders are up and only a dozen people have been hired, about 20-30 temp workers now graze our factory as well. The corporate welfare and low-paying temp jobs courtesy of Scott Walker.
TheUSMetalhead 11 months ago
Good thing he won't actually run. Officially running would cut the money that he's getting in contributions, or at least the way he can spend the money.
allyadelphine 11 months ago
Newt is clueless as usual, and has it all 180degrees backwards-- making corporations pay higher taxes CREATES JOBS. They are incentivized to spend the money pre-tax, increasing their business, including buying machinery and creating jobs, instead of paying it in as taxes.
Diskatopia 11 months ago
Is the purpose of a corporation to provide jobs or is it to make a profit for its shareholders? It's called capitalism folks. Dems don't like it.
jpav0923 11 months ago
@jpav0923, I hope your a troll, because sheep like you are simply sad, the GOP have been crying for years that tax cuts create jobs, yet Bush cut taxes TWICE and lost over 3 million jobs, it's bullshit. If you can't see the conflict of interest of rich people telling you that cutting there taxes is good for YOU, then you're a idiot.
TheDalinkwent 11 months ago
@TheDalinkwent If government spending created jobs, we would be at full employment after Obama's spending orgy.
jpav0923 11 months ago
@jpav0923, While there are more factors to creating jobs than just government spending in a stalled economy,Obama actually has created jobs and raised GDP. Once again you're bitching about spending yet advocating trillion dollars tax cuts for people who don't need them. If the GOP or you for that matter really cared about the deficit, you would demand a end to both wars, cuts in defense, closing tax loopholes that cost billions, and corporate welfare.
TheDalinkwent 11 months ago
@TheDalinkwent "Obama actually has created jobs and raised GDP"
FALSE! Unemployment was around 7% when he became pres. It now hovers around 10%. IF he created jobs unemployment would not be higher. If I go to a blackjack table and lose $500 and win $100, is my net +100 or -400. Obama would say it is +100 the way he calculates.
I would cut EVERYTING (except defense). I would cut SS, Medicare, welfare (inc corporate welfare), bailouts, education, environment, transportation, etc MASSIVELY
jpav0923 11 months ago
@jpav0923 Your analogy is seriously flawed. Why? Because someone creating jobs doesn't mean that you can't still lose more jobs elsewhere.
A better analogy would be: a family went to a casino. The father lost $50, while his son gained $10. Net loss, but the son still got some back.
gimmethegepgun 11 months ago
@jpav0923, So you would cut everything BUT defense? this proves you're just a troll, we spend more on defense then all other nations combined, we also waste money building weapons and things we don't need, use or is obsolete, BTW the biggest abusers of corporate welfare is located in DEFENSE. Consdering you don't want defense cut, and said nothing about the two wasteful wars, deficits is not a problem as long as it's somthing you agree with or were TOLD to agree with.
TheDalinkwent 11 months ago
@TheDalinkwent Nobody told me anything. I don't think the two wars was wasteful. They liberated millions of people, removed two evils retimes, and expanded America's power and influence in a vitally strategic region of the world. We have Iran hemmed in.
I am proud we spend more on defense than all other nation combined - that is why we have the strongest military in the world.
I think history will record GWB as a foreign policy visionary for his bold and decisive leadership.
jpav0923 11 months ago
@jpav0923, And you wonder why I call you a drone. so your glad that we spend money on weapons that we don't need or use? you don't mind spending trillions of dollars in a quagmire war? you don't mind spending massive amounts of money to police the world and liberate people thousands of miles away, yet when it comes to helping the people in the U.S, you want all programs ended. This is why people like you are simply amazing to behold.
TheDalinkwent 11 months ago
There clearly is a difference between the parties on taxes. The Dems love taxes and want to stick it to people. THe GOP respects the hard work of taxpayers in earning the money to pay the taxes. We are ridiculously overtaxed and need to massively cut taxes on EVERYBODY - yes, that means "the evil rich".
jpav0923 11 months ago
@jpav0923 False-- the Democrats want to stop letting the wealthy skate by and pay a pittance as they grab more and more of the nations' wealth, while for the past 30 years the Republicans have continued pushing the "Trick(le) down/voodoo(doo) economics BS at the expense of the middle classes income stagnating and finally massive job losses.
Cutting taxes for the wealthy does not create jobs, raising taxes on the wealthy does. That is basic business economics --pre-tax v. after-tax incentives.
Diskatopia 11 months ago
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@jpav0923 You're a fool if you believe your own nonsense.
TheUSMetalhead 11 months ago
I hired a cleaning lady, therefore I shouldn't have to pay taxes. I'm a job creator. This is what we have come to.
BHallBrowser 11 months ago
NEWT - THE WORST HYPOCRITE IN POLITICS
58tkdmike 11 months ago
A entry level McDonalds employee pays more in taxes than 2/3rds of American corporations combined. The only jobs the GOP help to make are in China while they are laying off millions of teachers.
SnatchTease 11 months ago
Does anyone know what zero tax's and zero regulations for the upper class, yet high tax and extreme babysitting for the lower class is? Its feudal enslavement. Conservatives: bringing back the dark ages, one vote at a time.
GooGobbler113 11 months ago 32
At least cutting taxes for commercial corporations has a slim chance at increasing employment that cutting taxes for random billionaire individuals won't.
That said, I still watch the American right-wing ruin their country by owing favours to the ones who least need money.
underbjorn 11 months ago
Drug lords employ lots of people but they still go down on tax evasion charges if the feds. can't pin anything else on them. The bottom line is Newt thinks wealthy White men shouldn't have to pay taxes.
angelicsoulz 11 months ago
I'm really tired of people playing politics with century old economic policies. If cutting taxes for corporations helped create jobs, THEN WHY THE FUCK DO WE HAVE SUCH HIGH UNEMPLOYMENT?!
terminaldeity 11 months ago
Republicans, at least TRY and give me a reason to vote for you.
RememberJudas314 11 months ago
When will Americans realize that they can't vote their way out of the mess they've ignored themselves into? When will Americans wake up and smell the revolution?!?!
GooGobbler113 11 months ago
There is a legitimate argument for zero corporate taxes. But it would involve raising personal income tax significantly, campaign finance reform as well as a reversal on the citizens united decision.
The GOP is not looked at as credible, so it will never be heard.
judoyodan 11 months ago
He's like a cabbage patch kid from hell.
GooGobbler113 11 months ago
Newt Gingbitch is one of the most loathsome sacks of shit on the planet.
Bobbiethejean 11 months ago
You've got to be fucking kidding me... What a horrible idea.. No taxes for Corporations?!?! Hah! Tax the FUCK out of them!
nesterisagod1776 11 months ago
To decrease foreign investment and increase national growth, tax incentives make sense… but to NOT have to pay any fed tax is ludicrous.
nett103 11 months ago
Yawn.
Vamavid 11 months ago
Everyone, people or corporations who make an income (profits) should pay taxes. No deductions,one rate 25%. Then politicians could concentrate on spending the revenue on the things that the people have voted for. Less government, less politicians and no special interest groups.
paulius1357 11 months ago
In the end Republicans want the American people to pay to work. Seems like those welfare recipients are on to something...
campcarlita 11 months ago
newt gingrich only sounds smart by taking facts and spinning them into a narrative that sounds smart. you can take facts observed by say, gravity pulling things down, and spin them to say what is happening is the earth is expanding all the time and it catches up to objects thrown in the air. this is the essence of the current conservative "intellectual." true intelligence means taking facts, formulating a theory to explain, testing it, and adapting if shown wrong. that's not gingrich's style...
tyrannosaurusinf14 11 months ago
@tyrannosaurusinf14
I agree with you, but I think you meant to say hypothesis, not theory.
terminaldeity 11 months ago
If what he said was true I would be all for it. The fact is though, without a STRONGER incentive, it will always be far more profitable to hire people in developing nations. Last year we gave HP a whole bunch of tax breaks but lasted time I checked 99% of their computers were made in China. Yes Newt, that TOTALLY worked.
sikvenum82 11 months ago
86% of americans work for SMALL BUSINESS.
spinnersmetal 11 months ago
obviously he's already bought by corporations far BEFORE the elections, let alone how it will go when he actually has the ultimate power
go figure...
SinisterSkip 11 months ago
Corporations have acquired, by judicial means, the rights of citizens - in fact, they have rights beyond any citizen. With the privilege of being a citizen comes the responsibility of paying taxes in order to maintain the society they benefit from (roads, law enforcement, fire fighters etc).
They also need to contribute to the cost of overthrowing democracies (that use local resources for public benefit) and propping up dictators, in order to allow them unfettered access to other economies.
BeveledSpilchOnion 11 months ago 27
Why would companies hire people with no taxes? There's no reason if the company is already making money.
The logic that having no taxes would make a company hire more people is flawed.
If a company have higher profit from then they would rather keep the money then use it to hire people.
RZetlin 11 months ago
Who's surprised here? A republican against taxes that would affect the well to do.
Jay20782 11 months ago
If you raise taxes on corporations and they move out of the country then we lost jobs. You would have to dictate that they cant move out of the country but who would work for a tyrant?
GodsatGaming 11 months ago
@GodsatGaming Tariffs. Charge tariffs on goods coming in. Period. That will make it cheaper for companies to keep and build their factories in the US. This whole 'free trade' crap is wonderful for corporations, sucks for individuals. But they've done a beautiful PR job on selling it to ordinary americans, many of whom are now convinced that without it we're all doomed.
alaskafido 11 months ago
Weren't thousands and thousands of people laid off, Newt? Thanks for the non-existent job creation. Oh wait, job creation in food service and minimum wage retail.
djwaglmuffin 11 months ago
Audio book?! What the fuck? TYT shoudn't be triyng to sell shit that encourages people not to read!
elhacienda 11 months ago
@elhacienda TYT wants people to listen to their opinion only, hate on God, ridicule Christians and that's about it.
LordSnow69 11 months ago
@LordSnow69
"TYT wants people to listen to their opinion only, hate on God, ridicule Christians and that's about it."
I don't think that expecting God not to have petty needs is hating, we expect an all knowing, all powerful being, to behave better than mere mortals. As for ridiculing Christians- any ridiculous scripture, that promotes superstition, whether it be Christian, Islamic, Hindu, etc is not immune from criticism.
DesiFreethinkers 11 months ago
@elhacienda ...there's nothing wrong with the occasional oral storytelling. I understand what you're saying but listening to someone else read something is pretty nice for the imagination.
djwaglmuffin 11 months ago
You really want to bring the jobs BACK home? Eliminate the tax write-off for shipping costs of materials TO the overseas factories AND for shipping the products HERE. That alone will negate the savings made by moving the jobs and they'll be back in a hurry. There...free solution...common sense...Congress will NEVER hear of it.
TheSchmuckLook 11 months ago
Somebody should tell Newt that when a corporation is already paying NO tax, then there is no incentive LEFT for them to do ANYTHING, apart from literally GIVING THEM MONEY...
Which some of the state governments are ACTUALLY DOING.
dangerouslytalented 11 months ago
Find a better way to make you point. This was a bullshit video. And since when have corporations been expected to be altruistic? They are in business to make money. They go to other countries because those countries give them financial incentives to do so. Our government should do the same. I would rather pay 20% of my income to have a job than 0% of my unemployment for that job to go overseas.
esteban0321 11 months ago
@esteban0321 dumb logic ,typical conservative backwards thinking
bonnevie9 11 months ago
"trickle down economics".... Trickling down the share of the tax burden to the workers.
dangerouslytalented 11 months ago
Shure saying Gingrich is intelligent? Having heard Gingrich say the most vile and racist things, whatever education he had has been nullifed, in my humble opinion. I respectfully disagree with you, Shure.
mynameis677 11 months ago