ECO_11am_Kia Rahnama
9/5/2012 11:37:58 am
Raising the corporate tax ends up hurting the middle-class. usually corporations either raise the price of their goods to offset the effect or lower dividends, both of which end up targeting a different demographic then the one initially targeted.
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M Barnett
9/7/2012 01:21:22 am
A 10 year gold price graph will illustrate a sharp increase around 2009 in the rate of increase. Many people believe that the value of gold is increasing when in actuality, the value of the dollars which purchase the gold are becoming worth less … even worthless. Inflation is a cancer that cannot be treated comfortably (as stated in the video). The “comfort” of additional debt is like another fix for a junkie and is the very cause of the cancer. The medicine of austerity is most certainly uncomfortable and even painful but would arrest the cancer and possibly reverse it in time. But even this is a ruse because the Fed banker’s cartel and select politicians are aware of the dismal destination of the economy and have evidently placed a higher value on power than on money. Therefore, there will be no medicine for the dying economy due to the political cost. The junkies will line up for another fix until the economy flat-lines. After that, those who facilitated the demise will retain the obtained power.
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EC0_10am_6596
9/16/2012 02:12:54 am
Ignorance is bliss, ESPECIALLY when it comes to learning about economics and awakening to the consciousness of the technicalities of why our economy is on its way to inevitable collapse...
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ECO_11am_3528
9/16/2012 02:34:22 pm
Invest in silver while it's still relatively cheap! Here is a link of a video that explains in a little more detail about the dollar collapse: http://youtu.be/YcczbYvCajk
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ECO_10am_9442
9/17/2012 02:38:12 pm
Economics is more complex than many people realize. People say "just raise taxes" or "make more money" without exactly knowing all the consequences or effects each of those actions may have on our economy. One action affects one thing which then affects another thing and so on. Educating yourself is the best solution for becoming familiar with what is happening in today's economy.
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Johnson 3314
9/19/2012 02:27:34 am
The slight comment regarding the publisher's opinion about Corporations petitioning the Government to not raise the Corporate tax rate is as Corporations "pay the least" is a uneducated one.
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Seth S
9/19/2012 12:21:15 pm
I have noticed an increase in Lenin style 2 step revolutionary materials. They blame the rich and create social mobility, stressing the system to the point of breaking down. Blame the rich for making a profit, then spreading the "wealth" around..Its what has taken down every great republic..
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ECO-10am-4983
9/19/2012 03:31:31 am
What I think many of your readers and tax-paying Americans would like to see are 2 more breakdowns of the data.
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ECO-10am-10394326
9/19/2012 09:38:55 am
This video was very educational. Many people in America do not know how our economy is handled and it's very interesting to hear an expert speak about our country's economic crisis; I believe every citizen should find the time to watch this video.
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ECO-11am-10393213
9/19/2012 12:15:44 pm
This video did a great job of describing what is taking place in today's economy. Whether its inflation, high unemployment, or an impending recession, the government seems to be digging itself deeper into a whole which they cannot get out of. Each policy that is implented only worsens a different problem that the economy is dealing with and does not solve what they intended on solving. No matter what action the government takes, it is not sufficient enough to fix inflation or high unemployment. The harder we try to catch up, the further away the goal moves. As the video said it is important to get some insight on what is happening in our economy and prepare yourself for the worse.
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Seth SImons
9/19/2012 01:24:19 pm
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Robert Moore
9/20/2012 01:07:43 am
I believe that this video was indeed educational to the average person that does not know how people, big businesses and corporations affect almost every aspect of the economy. However, I agree with Seth from the comment above me due to the fact that many laws and regulations that are in place today set up a lot of people and businesses to stay in debt their entire lives, making the rich richer and poor even poorer. This outcome can be determined by examining a couple of key factors such as high unemployment rate and the level of increased taxation. However, I do believe that corporate tax is where it needs to be due to the fact that the people engaging the majority or business and the people making the most revenue should be coughing up the most money to the government. Raising taxes and borrowing money from other countries may be the answer, but at the same time has it proven effective recently? It has not at all to say the very least. I am not a professional economist so I can’t provide a soundly reasoned answer to this national debt problem or corporate taxation. I run and operate my own LLC (Limited Liability Company) precisely for this reason alone. I still want my company to have the structure and lack of accountability as well as the ability to be a lone owner and regulate my own income, so it doesn’t need to be monitored on a federal level as much as corporations normally would be. With that being said I can say that I do not entirely trust the corporate taxation and operating systems at this date, although I am very interested to see where this issue will head to next with the upcoming election seeing as these matters are all hot topics.
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ECO 11am 0973
9/20/2012 08:41:12 am
One thing that worries me in the video is that they claim raising taxes, cutting spending, or adjusting the interest rate can only worsen the recession or grow inflation. If that's the case then what are we supposed to do?
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ECO 11am 6833
9/21/2012 06:12:47 am
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Theresa Simons
9/21/2012 02:29:07 pm
Although they did a good job showing how our debt has increased over time I feel that they have one thing incorrect. When discussing the difference in the taxes from individuals and not businesses is that taking into account the small business owners that are included? Being self-employed means in the eyes of the IRS means that the individual will not be counted as a business (or corporation). This would mean that people are paying more into the system but it is not taking out the income earned from their businesses that they are being taxed for. There is a separation when the calculations are completed. I just felt that this part of the video was misleading and unclear. Being a small business owner myself; I feel that if the taxes are increased any further I will not be able to stay in business for too much longer. I do not currently take a paycheck because our profit margins are killed with all of the taxes that we have to charge our customers. We cannot stay competitive with others that are online in another state since; they do not have to charge the same 8.25% Texas state sales tax that we are required to. I know there is a bill to change that as well but, until then I am losing business to my other online competitors.
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