anton zuykov
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The new Mac mini is a great machine, but a $499 model could serve a larger audience
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Foxconn may transfer Chinese engineers to Wisconsin LCD plant due to difficult labor marke...
SpamSandwich said:anton zuykov said:mknelson said:anton zuykov said:How is that any different from any other case? Did you just discover that businesses do not pay taxes? It is always people who pay them, while businesses simply pass them along to either their consumers AND/OR to their employees! That is why raising (mandatorily via law) a min wage or taxes on businesses universally ends up hurting the very people the “good” people are trying to help in the first place.
The money multiplier effect in those cases can result in greater economic growth. This has been seen in Canada with some recent minimum wage increases.
Tax breaks sometimes result in job growth, but most businesses will only hire if they need the staff, not because they have "extra" money. That just gets pocketed, or shared with stock holders.
What is wrong with businesses pocketing money, reinvesting it or paying the dividends? That is like to say that you dont need an increase in minimum wage, as the workes will simply go and spend the money anyway... smh -
Foxconn may transfer Chinese engineers to Wisconsin LCD plant due to difficult labor marke...
mknelson said:anton zuykov said:How is that any different from any other case? Did you just discover that businesses do not pay taxes? It is always people who pay them, while businesses simply pass them along to either their consumers AND/OR to their employees! That is why raising (mandatorily via law) a min wage or taxes on businesses universally ends up hurting the very people the “good” people are trying to help in the first place.
The money multiplier effect in those cases can result in greater economic growth. This has been seen in Canada with some recent minimum wage increases.
Tax breaks sometimes result in job growth, but most businesses will only hire if they need the staff, not because they have "extra" money. That just gets pocketed, or shared with stock holders.
What is wrong with businesses pocketing money, reinvesting it or paying the dividends? That is like to say that you dont need an increase in minimum wage, as the workes will simply go and spend the money anyway... smh -
Foxconn may transfer Chinese engineers to Wisconsin LCD plant due to difficult labor marke...
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Foxconn may transfer Chinese engineers to Wisconsin LCD plant due to difficult labor marke...
hmlongco said:anton zuykov said: Good. They will work here and PAY TAXES HERE. Something tells me they will get paid (( SLIGHTLY )) more than just 20-30k a year, which means they will be in the group who actually pays 97% of all income taxes, unlike the bottom 50% of taxpayers who only pay only 3% of all income tax paid by all who work in the US. This seems like a win to me, if that happens.
No much of a win for Wisconsin, as the $3 billion in tax incentives means that each engineer would basically have to pay $230,000 in state and local taxes ALONE to offset the giveaway.
Also, they are not "tax incentives". They are simply lower taxes = you simply take away less from the business. Because you sound like you give a business someone else's money so they could come over and build stuff. In reality, you let them keep more of their money and call it an incentive.
Talking about newspeak ...