McCain thinks corporations pay too much tax - he will push for lower corporate taxes

[zqt3344 21]

I must OBEY! Tax and spend Ovomit!

OBEY! and pay higher taxes now says Ovomit. This guy is so far left and so liberal and nothing more than a radical tax and spend liberal!

Your obsession with Obama borders on the pathological

[Jack and Barbara 0]

OBEY! and pay higher taxes now says Ovomit. This guy is so far left and so liberal and nothing more than a radical tax and spend liberal!

Your obsession with Obama borders on the pathological

[Dan J 277]

Growing with outsouring means the company adds a few more higher level jobs to manage the outsourced workers.

Growing without outsouring means the company grows at all levels, instead of just at the top.

Speaking specific to my employer, there have been investments made in our IT infrastructure that would not have been financially feasible without the economies of scale introduced by our outsourcing partner.

Without outsourcing, we still would not have MPLS, for example.

How much of the investments in IT go to companies that rely on outsouring?

I'm not saying outsourcing is bad, it creates efficiencies and growth in business. What I am saying, is that the benefits of outsourcing are not equally felt.

The people who benefit the most from efficiencies and tax cuts are shareholders and those at the mid to top levels of the organization. Everybody else sees their wages stagnate or end up being forced to look for other jobs (which likely wont pay more than what they were already making).

[Jack and Barbara 0]

More money and jobs for everyone!

More jobs YAY!

If this was a non-profit or federal agency not trying to make money, I might agree.

However, this more jobs arguement is questionable, especially when companies like Exxon Mobil have fewer employees now (80,000) than 5 years ago (88,000). One must think, well, they must have made less money. Actually, most know about the record profits of the company and, for those who don't, Exxon's net income has doubled from a meager $21,000,000,000 to just over $40,600,000,000 in the last five years.

Now, I'm sure Exxon subs out some work, but this trend does not support the 8,000 jobs lost in the same time period.

Edited June 10, 2008 by Jack and Barbara

[SaadBell 0]

You totally believe this will make more jobs, I also have a bridge to sell you too. Rich and I mean the top 1% do not want you to make enough money to become rich, they want you to be a obedient compliant workers, so they can make even more money off the backs of normal folks. I just didn’t realize we had a lot of the 1% population here at VJ. I call people like that Wal-Mart republicans’. I sure wish I was in the 1% and I too can sell you load of goods.

[nivesito 0]

Republican White House candidate John McCain will promise on Tuesday to lower corporate tax rates if he wins the U.S. presidency.

...

McCain will pledge to act quickly to lower corporate taxes from "the second highest in the world to one on par with our trading partners to keep businesses and jobs in this country."

http://biz.yahoo.com/rb/080610/usa_politics_mccain.html

I don't know where McCain gets his information but corporate taxes in US are not the second highest in the world. Most of European countries has corporate taxes between 30 and 40%. Instead lowering taxes they should give tax brakes or something on invested money only.

Anyway, I agree that corporations shouldn't pay high taxes but they've been far behind in investing the money in new technologies and other sources of energy, they rather give more profit to shareholders. If they where smart they would make a lot of money today on a high fuel efficiency cars and not loosing money on SUV and Trucks they can't sell. Pure ignorance.

[w¡n9Nµ7 §£@¥€r 123]

Hey, I transitioned from the outsourced IT organization into governanance. A bunch of my peers did too. People do it all the time.

[Dan J 277]

Hey, I transitioned from the outsourced IT organization into governanance. A bunch of my peers did too. People do it all the time.

But that doesnt mean everyone can. Not everyone can be a chief.

[w¡n9Nµ7 §£@¥€r 123]

Hey, I transitioned from the outsourced IT organization into governanance. A bunch of my peers did too. People do it all the time.

But that doesnt mean everyone can. Not everyone can be a chief.

I'm no chief, chief.

[HAL 9000 96]

More tax savings = more profitability. That is the only guarantee in lowering corporate taxes.

[w¡n9Nµ7 §£@¥€r 123]

More tax savings = more profitability. That is the only guarantee in lowering corporate taxes.

true say