How do think we pay for all the nice crap we have here in the good 'ol USA? Do you think freeways and aircraft carriers are free? Don't you think Halliburton benefits from all that tax money spent that they now don't want to pay...who do you think paid for the war?
The only reason Dubai doesn't have high taxes is because they are like Alaska. They get it all from their natural resources. It's not like they run a fisically responsible government. They are literally building the most expensive super city in the entire world, almost all via government funds.
Sure, let's cut business tax down to nothing, then tax us even more and borrow the rest...sounds like a great plan.
Sorry, but it's a bit of an emotion day. I'm watching our economy, our stock market and our country pretty much go down the tubes right before our eyes, not in a matter of years, but in a matter of days and weeks. <img src="/forums/images/graemlins/frown.gif" alt="" />
I understand the frustration with all the taxes, but seriously, how we suppose to pay for our expenses. We have to borrow more than half of we spend. And after this past few weeks, we'll be borrowing probably several times what we spend just for normal expenses.
There has to be some kind of tax system and obviously the current one, which everyone says is too high, isn't bringing what we need. I wish we could back to a tariff system which is the what the founders wanted. They didn't have income taxes or any of that garbage. They just taxed incoming goods from off shore. Can you imagine the problems that alone would solve? Preventing the off shoring of most of our industry, while keeping industry here. Of course there's the whole issue of the federal reserve and how the new currency system of 1913 bleed our country dry, but that's another topic.
The bottom line is, you guys can defend the "free market" which was never truly free and offshoring all day long, but the ramifications of that a deregulation are playing out right before your eyes. When you can't buy food to feed your families because you have no jobs, maybe you'll reconsider your ideology.
You can mark my words now and believe me later, but trust me on this one....a large number of U.S. corporations...big ones...like maybe even Boeing and the like...will move to Dubai in the next 5-10 years and cease being even U.S. based companies.
Halliburton is only the very beginning. Just in the last few weeks, there has been speech after speech from world leaders ranging from Europe to China that has repeated warned that American will cease being even a super power, much less "the" super power in the very near future. I don't they are just blowing smoke here.
We're almost finished.
