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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (1784)11/19/2008 3:21:00 PM
From: longnshort3 Recommendations  Read Replies (1) | Respond to of 103300
 
So a couple of months ago dems in congress had Oil Execs. and said you are making money, profits. We are gonna punish you.

Now they have auto execs and say you are losing money we will reward you.

I don't think the dems get it



To: GROUND ZERO™ who wrote (1784)11/19/2008 4:13:59 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 103300
 
"There ought to be some incentive to provide liquidity to businesses..."

Business have multiple ways of building funds:

1) retained earning.

2) loans. (debt issue)

3) equity issue.

But I say that the government should NOT be in the business of picking winners and losers ('cause they are no good at it...), NOR should they favor one kind of work over another through the tax codes.

Lower tax rates for *everyone* (eliminate special tax preference items) and there will be MORE LIQUIDITY sloshing around the economy and more robust growth and profits for business anyway.

Managing investments for a living should receive no more favor from the government than Joe the Plumber working for his living.