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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (255246)7/7/2014 6:05:20 PM
From: Steve Lokness  Read Replies (2) | Respond to of 546460
 
To say nothing of the hoards of cash stored off shore!

<<<<< Cut corporate taxes -- maybe not, maybe we should be raising them again because it's a big source of our problems. We need to start thinking about paying for essential programs in part by taxing capital income.>>>>

Raising corporate taxes is a non-starter! Most on the left and right believe we should cut corporate taxes to make us align better with the rest of the world. ............Yes to the second part of Krugman's comments; tax away on capital income.



To: Wharf Rat who wrote (255246)7/7/2014 6:12:59 PM
From: Steve Lokness  Read Replies (2) | Respond to of 546460
 
So Krugman has no idea why Corporations are hoarding cash. Could it be a purely psychological thing? We just went through a period of time when it made no sense why businesses - especially banks - were so reckless in saving their money. Might corporate America be learning from their mistakes? I think so - even as I know it won't be long before they forget.


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