Corporate Fascist on Dylan Ratigan

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• 'Occupy
• Wall
• Street'
• Dylan
• Ratigan
• Show
• Street
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• over
• Wealth
• Gap

[yanikv]

The debate is a tad limited here. Where are the people calling for jail sentences for corporate criminals? Where are the people calling for a total reform of many of these systems from the ground up?

[smpunditz]

@yanikv Ratigan does discuss that in some of his shows.

[gratex]

i have to talk to verizon employees in my job, they have to be the laziest and least responsible workers i've ever encountered... probably because they are treated like crap

[InnerPartisan]

That man is a liar. While the nominal tax rate on cooperations in the US is indeed about 40%, what they actually PAY is much lower - around 6%, if I recall correctly.

This is thanks to the excessive ammount of loopholes in the US - which, of course, the lobbyists are fighting tooth and nail for.

[ERROLCUSTERFLYNN4EVR]

NBC THE ULTIMATE CORPORATE FAMILY OF CORPORATE LOVING WALL STREET LOVING WEALTH CLASS LOVING BIG GOVERNMENT NO MATTER WHO'S IN CHARGE,,,,,,,ET AL.........are not gonna go after the banks that rob us like they did after the viet nam war lovin pentagon in the 60's and 70's.......

[MinervaInTheBrain]

@InnerPartisan Don't forget that corporations aren't taxed based on gross sales, but net profit.

All of the people trying to claim the individual tax rates are too high on those with the most income, and too low on the people with the least income, they just point to gross individual income, and don't take the cost of living into account.

[SvenBenson]

@InnerPartisan

"They is a misnomer".

Though your premise leads to a single logical conclusion, the Corporate rate should be FLAT at 0 to stop the lobbying, at that point subsidies should be blanket banned. Corpo.rate "profits" thats are retained can only be used for one purpose: investment

[lotanddaughters]

@8:48 "So what? So we elect Rick Perry and they start hiring? That's bullshit!"

[justintempler]

2 issues

1. I wish you guys would stop going on hearsay and actually spend the time to look up the actual tax paid (Effective Average Tax Rates 29%) or (Effective Marginal Tax Rates 23.6%) and then compare those rates to other countries.

2. Large companies love red tape and regulation it makes it so much harder for start ups to make it. The less competition they have the easier it is for those at the top to get richer.

The solution is less regulation and red tape, not more.

[smpunditz]

@CliffM85 actually tax increases do not neccesarily lead to an increase in the cost of goods. The corporate tax taxes what a company reports as profits and therefore is not an expense. If the company reinvests in itself such as by hiring more workers, increasing their wages, paying for their tuition etc that money does not count as profits.

The greatest period of growth in the last century was when the tax rate was 90%. Companies actually paid about 50% because they reinvested their money.

[smpunditz]

' I can dig it, but notice the insanity a bit. "Our corporate bought government". TAX THEM MORE, GIVE THE GOVERNMENT MORE!!!!'

Why not. The government spends much of our money making them richer. Better them to share more of the tax burden than me.

[CliffM85]

@smpunditz I can dig it, but notice the insanity a bit. "Our corporate bought government". TAX THEM MORE, GIVE THE GOVERNMENT MORE!!!!

Either you trust the government to fix the problem and have no problem with an increase in tax, which in turn leads to an increase in prices of goods, or you realize that really the government just makes it worse. I fall in to that last category.