Bachmann headed to Montana, DC for speaking engagements

When does she start working on the jobs problem?

It’s not like anyone expected her to actually work for the people.

What do you want her to do, Zera Lee, propose the elimination of the corporate income tax? Because she has.

The corporate tax rate in places like Russia and Japan is 0%.

America’s is 35% – the highest in the world.

If corporate taxes were lower (like zero%) companies could charge less for their products, which would increase sales, which would result in more jobs to create those products.

It’ll pass next year when the republicans take over the senate and the WH.

It all sounds good, but where is the evidence to back up your assumption, Dennis? I am skeptical that corporations will actually reduce prices as a response to this; only competition will force this dynamic. Increased sales does not always translate to more jobs here on American soil.

I am also curious if we taxpayers are paying to jet Bachmann all over the country instead of staying in Washington DC doing her job representing MN District 6.

Dennis

The people who pull your strings have to be so proud – excellent recitation of the corporate talking points –

No basis in fact – but why should that matter?

No Dennis, I do not want her to do something that fiscally irresponsible. We can cut the rate significantly once we close the loopholes, end unnecessary exemptions, and bring an end to corporate tax evasion.

We cannot balance the budget on spending cuts alone, especially if we keep cutting revenues too.

As it is, we will be hard pressed to keep the conservatives from restarting the recession. They are quite determined, and they are legion.

I would like her to stop the speaking tours and power grabs and do something constructive.

Hey Michele !!! You live in Minnesota! Not Montana!! Oh well I can see where she gets confused,, MN, MT, MA, MS, MO I suppose any one of those could stand for Minnesota..

Mr. Butler, I can’t help it if you flunked economics.

Lane, companies reduce prices to attract customers. If you’re charging $2 for a loaf of bread, I will charge $1.75 to attract customers away from you. If I sell enough loaves of bread, I soon have to hire more bakers to keep up with the demand.

I’m continually amazed how liberals can grow up and function in a capitalist society and never learn anything about capitalism.

Zera Lee, people talk about all the jobs that have gone overseas and that we have to “do something” to bring them back. Well the reason companies are moving operations out of the country is because of our corporate tax rate – the highest in the world.

You can remove the incentive of moving jobs off-shore by eliminating the 35% tax on corporate earnings made in this country.

Again, Dennis, where is the evidence to support your assumption that eliminating the 35% tax on corporate profits (what is left over after expenses as well as sneaky accounting moves to take advantage of various loopholes, etc.) will actually bring the jobs back to American soil, much less eliminate the incentive for corporations to move jobs off-shore?

Furthermore, let’s say we do eliminate this tax. How should we pay for our national debt as well as the ongoing expenses of effective government which includes many services, the cost of educating us and future employees and infrastructure that corporations need to be able to do business across this great land of ours? Note I say “effective government” because that is not the same as “whatever size of our government – bloated or smaller.”

Your bread story does not demonstrate how the elimination of those corporate taxes will allow you to sell your loaves at $1.75.

Wanna try again? But I am not holding my breath because you, like Michele Bachmann and tim, never respond to direct questions, choosing to bloviate otherwise causing further loss of what credibility all of you still have, if any.

How much are we paying Michele Bachmann to represent the people of the 6th CD???

Where can I get a job like hers that pays $174,000 a year, hardly do any work, plus perks, to travel all about the country?

Must suck to be her.

Dennis -

You poor little man. You have convinced your self that up is down and yellow is green. You have not supplied a shred of believable evidence to support your point.

But you never do.

You go out and make it a good day – but be careful!

@Dennis
Because of all the ways employed to evade the corporate tax, the effective rate is much lower. Some of the most profitable corporations we have pay no corporate tax. By closing the loopholes and getting the tax dodgers to pay up, we can reduce the official rate and make us more competitive without cutting revenues. Will Bachmann help close the loopholes or just start crying “job-killing” again? Will she look for a way to cut the corporate rate without driving up the budget, or will she start crying “their money”?

Jobs are not being offshored because of the corporate tax rate, they are being offshored because of lower labor costs and less responsible regulation. Lowering the corporate tax rate will not change that at all.

Nobody can live in the American economy and compete on wages with someone living in a developing or third-world economy. Beyond that, America has fallen behind in education.

The larger problem is that corporations are working in the global economy while the American workforce, by definition, works in the American economy. This corrupts the market forces that makes capitalism work. That divergence needs to be closed if we are to become a prosperous capitalist nation again.

Maybe Bachmann could let go of her failed ideology and work on fixing something. More likely, she will continue feeding her ego.