The most prestigious law school admissions discussion board in the world.
|
 |
 
|
LIBS: Care to Give Examples of Corporate Welfare?
Poast new message in this thread
Date: September 10th, 2010 9:57 AM Author: Galvanic deranged digit ratio I always hear libs complain about this, yet when asked to cite specific examples, the shitheads I talk to fail and mumble something about tax laws (even though I have studied accounting while they were taking women's studies courses). (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009759) |
 |
Date: September 10th, 2010 10:18 AM Author: Dashing Sadistic Sandwich Its usually tax breaks to companies so they can set up shop in a given area. For example, the state of Texas offering Toyota special incentives to have a factory in San Antonio.
They aren't a bad thing. You use tax incentives to get someone to change their habits so its no big deal.
My one issue with tax incentives is solely with Wal Mart. They will get a tax break from x county for x years. Then after x years they ask for a new store to be built and ask for more tax breaks. The problem with this is that you have burbs with empty shopping areas that are a blight on the area. |
|
Date: September 10th, 2010 4:34 PM Author: Avocado drunken pozpig jap They create all those evil jobs in your area. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16012040) |
Date: September 10th, 2010 10:18 AM Author: Beta cruise ship dingle berry Were you busy with your accountng course when the govt took over AIG so Goldman could get paid? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009801) |
|
Date: September 10th, 2010 10:21 AM Author: Dashing Sadistic Sandwich that was more of a worldwide aid to bail out foreign governments than just AIG and Goldman. People overlook that or just ignore that fact all the time.
|
|
Date: September 10th, 2010 10:25 AM Author: Beta cruise ship dingle berry And food stamps are designed in part to stimulate local economies, but we still call it welfare. Motivations for the bailout aside, GS still got a lot of taxpayer money. |
|
Date: September 10th, 2010 10:28 AM Author: Dashing Sadistic Sandwich if we didn't bail out foreign governments and firms like GS then we would be in a depression. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009827) |
|
Date: September 10th, 2010 10:30 AM Author: Mind-boggling mahogany temple genital piercing You're truly a goddamn moron. Do you think GS would've been bailed out if Paulson and Bernanke were Bear Stearns or Lehmann alums? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009833) |
|
Date: September 10th, 2010 10:33 AM Author: Dashing Sadistic Sandwich Lehman is bankrupt, retard (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009842) |
|
Date: September 10th, 2010 10:34 AM Author: Mind-boggling mahogany temple genital piercing Date: September 10th, 2010 10:33 AM Author: The Dark Knight (http://i.imgur.com/yJM4R.gif)
Lol, Lehman is bankrupt, retard
(http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009842) |
|
Date: September 10th, 2010 4:38 PM Author: slate senate yarmulke I like tdk, but this is funny (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16012057) |
|
Date: September 11th, 2010 3:47 AM Author: bat-shit-crazy coiffed shrine affirmative action Date: September 10th, 2010 10:33 AM Author: The Dark Knight(http://i.imgur.com/yJM4R.gif)
Lehman is bankrupt, retard |
|
Date: September 10th, 2010 10:45 AM Author: medicated parlour cr (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009888) |
|
Date: September 10th, 2010 10:46 AM Author: godawful church The economy would be better off if at least one of those had been bailed out as well. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009891) |
|
Date: September 10th, 2010 10:46 AM Author: medicated parlour Yeah man. Rewarding failure is credited. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009896) |
|
Date: September 10th, 2010 10:47 AM Author: godawful church beneficial in the short term (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009906) |
|
Date: September 10th, 2010 10:48 AM Author: medicated parlour doing everything for the short term is exactly what got us into this mess (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009911) |
|
Date: September 10th, 2010 10:49 AM Author: Mind-boggling mahogany temple genital piercing Yes (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009919) |
|
Date: September 10th, 2010 10:51 AM Author: godawful church When the economy is steeply going downhill it is necessary to work for immediate improvements. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009926) |
|
Date: September 10th, 2010 10:57 AM Author: medicated parlour Nah ding man (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009950) |
|
Date: September 10th, 2010 10:49 AM Author: Mind-boggling mahogany temple genital piercing I love how pubs love to stress personal responsibility and accountability when it comes to blacks and rush to defend GS. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009916) |
|
Date: September 10th, 2010 10:50 AM Author: godawful church Huh? I'm a liberal advocating government intervention in the economy to alleviate a recession. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009921) |
|
Date: September 10th, 2010 10:58 AM Author: medicated parlour Yah, and I'm a 'pub railing against bailouts. u fuckin 'tard. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009955) |
|
Date: September 10th, 2010 11:01 AM Author: Mind-boggling mahogany temple genital piercing Learn to read, fellow pumo. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009976) |
|
Date: September 10th, 2010 10:31 AM Author: Beta cruise ship dingle berry I'm not necessarily disagreeing with you, but the op asked for examples of corp welfare. If we didn't give people unemployment and foodstamps, they'd be begging in the streets. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009835) |
|
Date: September 10th, 2010 10:35 AM Author: Dashing Sadistic Sandwich True, but corporate incentives keep or bring companies to areas they wouldnt otherwise come to. In those terms it is welfare but its not a bad thing (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009850) |
|
Date: September 10th, 2010 10:45 AM Author: Galvanic deranged digit ratio I guess the real issue here is that those policies are 1) mostly paid for by corporations (which are taxed at a very high rate), and 2) create jobs. Giving Aunt Shanequa food stamps to go buy crack doesn't create jobs or benefit anyone else. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009889) |
|
Date: September 10th, 2010 10:48 AM Author: Dashing Sadistic Sandwich exactly (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009909) |
|
Date: September 10th, 2010 10:59 AM Author: medicated parlour http://www.house.gov/jec/fiscal/tx-grwth/targets.htm (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009963) |
|
Date: September 10th, 2010 10:53 AM Author: Beta cruise ship dingle berry Actually, food stamps are probably one of the most efficient government stimulus programs around. A lare percentage of the funds dedicated to food stamps goes directly into local economies when recipients buy food. Merchant's sales are higher, and it's not like they make less profit on goods bought with food stamps. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009935) |
|
Date: September 10th, 2010 10:57 AM Author: Beta cruise ship dingle berry Also, corp income tax is about 12% of federal tax revenue, personal income tax is around 45%. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009954) |
|
Date: September 10th, 2010 10:59 AM Author: medicated parlour http://www.house.gov/jec/fiscal/tx-grwth/targets.htm (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009962) |
|
Date: September 10th, 2010 10:47 AM Author: medicated parlour Yes it is a bad thing (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009900) |
|
Date: September 10th, 2010 10:48 AM Author: Dashing Sadistic Sandwich how so? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009912) |
|
Date: September 10th, 2010 10:52 AM Author: medicated parlour http://www.house.gov/jec/fiscal/tx-grwth/targets.htm (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009930) |
|
Date: September 10th, 2010 10:43 AM Author: medicated parlour we ARE in a depression. we shouldn't have bailed them out. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009878) |
|
Date: September 10th, 2010 10:45 AM Author: Dashing Sadistic Sandwich naw man, I should have said GREAT depression. my fault (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009887) |
|
Date: September 10th, 2010 10:46 AM Author: medicated parlour well you're wrong. fuck the idea of TOO BIG TO FAIL (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009892) |
|
Date: September 10th, 2010 10:22 AM Author: Mind-boggling mahogany temple genital piercing This (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009814) |
|
Date: September 10th, 2010 10:24 AM Author: spectacular nubile parlor There was this thing called TARP. How's that socialism working out for you? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009817) |
|
Date: September 10th, 2010 10:42 AM Author: Galvanic deranged digit ratio I opposed the bailouts. I realized they happened under Bush, but Bush was to conservatives as Obama is to liberals. Nobody is really pleased with the quality of recent presidents or their policies. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009871) |
|
Date: September 10th, 2010 10:56 AM Author: spectacular nubile parlor agreed (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009947) |
|
Date: September 10th, 2010 4:32 PM Author: Purple Center The point is that you are a true believer conservatard, while the people in power are just self interested. Anyone who still believes that free market principles can work in reality is a complete moron.
http://www.breitbart.com/article.php?id=081216215816.8g97981o |
|
Date: September 10th, 2010 10:28 AM Author: Topaz demanding address moniker+post fail (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009828) |
|
Date: September 10th, 2010 10:41 AM Author: medicated parlour the bailouts? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009867) |
|
Date: September 10th, 2010 10:42 AM Author: Galvanic deranged digit ratio But you liberals were in favor of the bailouts. Remember the part about Obama packing everything up and going to Washington to lobby for them? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009874) |
|
Date: September 10th, 2010 10:44 AM Author: medicated parlour I'm not a lib, but you're right, they were in favor. I was not in favor of them. I thought they were fucking stupid. But they were corporate welfare.
TOO BIG TO FAIL! |
|
Date: September 10th, 2010 2:17 PM Author: twinkling striped hyena yep (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16011063) |
|
Date: September 10th, 2010 11:00 AM Author: Beta cruise ship dingle berry Does "you liberals" just mean anyone you happen to disagree with? Do you really think corporate bailouts are a cornerstone of liberal political beliefs? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009966) |
|
Date: September 10th, 2010 10:43 AM Author: godawful church Commentary about corporate welfare was going on long before the bailouts. Those aren't that great an answer to the OP. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009883) |
|
Date: September 10th, 2010 10:48 AM Author: medicated parlour targeted tax breaks regulatory schemes that create winners and losers |
|
Date: September 10th, 2010 10:49 AM Author: godawful church tax breaks are definitely a CR. what sorts of regulatory schemes are you referring to? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009915) |
|
Date: September 10th, 2010 4:35 PM Author: Fiercely-loyal violet church building banking deregulation (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16012046) |
|
Date: September 10th, 2010 10:55 AM Author: Beta cruise ship dingle berry Same shit happened during the S&L crisis. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16009945) |
|
Date: September 10th, 2010 12:26 PM Author: pea-brained wonderful prole hissy fit the beef, corn, and sugar industries. every military contractor. TIFs. stadiums. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16010363) |
|
Date: September 11th, 2010 12:20 AM Author: aphrodisiac people who are hurt idiot TCR. Also steel (tariffs), trucking (public financing of the roads), alternative energy.
I'm a conservative and I don't support these either (not sure about defense--I know nothing about the industry). Conservatives should support a free and level market, not one in which companies with political clout get subsidies.
The discredited "corporate welfare" claim always raised by liberals is the claim that the tax code subsidizes companies that ship jobs overseas. It's hardly a "subsidy" to only tax companies on domestic income. By liberal standards if a company packed up and completely left the US, it would be getting a subsidy since it no longer had to pay US taxes.
If implemented, cap and trade could easily become one of the biggest means of corporate welfare in the country. A carbon tax would be equitable, but any sort of system where carbon credits are distributed for free to existing polluters is ripe for abuse. |
|
Date: September 10th, 2010 2:35 PM Author: Fiercely-loyal violet church building financial, tax, and regulatory "incentives" for creating jobs. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16011166) |
|
Date: September 10th, 2010 3:27 PM Author: concupiscible cordovan range private investor http://www.reuters.com/article/idUSN1249465620080812 (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16011578) |
|
Date: September 11th, 2010 12:24 AM Author: aphrodisiac people who are hurt idiot Not necessarily corporate welfare. Even completely elimination of the corporate tax wouldn't amount to "corporate welfare." The term is more appropriately applied to policies that favor particular businesses or industries. (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16015724) |
|
Date: September 10th, 2010 4:02 PM Author: Burgundy zippy indirect expression stock car The entire fuckin defense industry?
|
|
Date: September 10th, 2010 4:13 PM Author: Bull headed henna lodge srsly. this guy has to be fucking kidding.
"Oh, well defense doesn't count, and the bailouts don't really count because that just happened and I opposed them, and tax breaks, meh, and subsidies aren't a good example, and export-import bank, etc..."
the whole fucking economy is corporate welfare. |
|
Date: September 10th, 2010 4:43 PM Author: Narrow-minded Adventurous Dopamine Selfie I'm guessing you haven't been paying attention to the news the past 3 years? (http://www.autoadmit.com/thread.php?thread_id=1419491&forum_id=2#16012084) |
|
Date: September 10th, 2010 4:44 PM Author: Bronze Clown it's not just "libs" who have pointed out corporate welfare:
http://www.amazon.com/Big-Ripoff-Business-Government-Steal/dp/0471789070/
|
|
Date: September 11th, 2010 12:04 AM Author: Green curious school Holy shit op got fucking burned in this thread...
|