Entitlements
2010-Aug-28, Saturday 09:43 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ssurgulYou know, I am watching my beloved MSNBC's evening line up of Leftist Moonbat nutjobs that I love so much, and a commercial decrying raising taxes on oil companies came on for the umpteenth time. I was struck with a sharp, crystallizing insight. (Quite apart from the end line of text on the commercial where it's noted that the American Petroleum Institute paid for the ad. Gosh, I wonder why they're against oil companies paying more taxes.)
They've hired these average-joe-looking actors to pretend they care about big oil profit margins. One of them said point blank that raising taxes on big oil would definitely kill jobs. And that's when, after all my long months of schooling, it finally dawned on me. All the Right Wing Retardicans have been screaming and screaming about entitlements and the evils thereof. And of the evils of 'social justice' because it means redistributing the wealth in ways that 'aren't right'. But if higher taxes means less jobs, that has a few ramifications of logic. First, taxes are assessed (presuming we're talking about corporate income tax here) on post-cost income, i.e. net income. This is after all jobs are paid for. This is relevant because it means that the company isn't content with making obscene profits; they feel they MUST continue to make at least as much in profit, and to do so, they're going to cut jobs to make the same post-tax profits. Rather than just lose a little off the pure profit side, and have their shareholders understand where the losses come from. They're *gasp* entitled to the same profit levels.
I know I've said before that the Retardicans are truly only interested in redistributing the wealth upward, under the clever guise of Free Market Capitalism. However, this was the first time I've truly seen just how fucking greedy they and their puppet masters really are. Companies are in business to make profits, certainly. But threatening to cut jobs out of an industry that has had companies posting record profits for ANY company globally for several quarters in a row if they get a tax increase?????????? Yeah. That's the real entitlement there, and thank ghods the Retardicans are there to save us from the horrors and nightmares that would certainly arise if companies had to actually follow the law, and not get carve outs of any kind.
They've hired these average-joe-looking actors to pretend they care about big oil profit margins. One of them said point blank that raising taxes on big oil would definitely kill jobs. And that's when, after all my long months of schooling, it finally dawned on me. All the Right Wing Retardicans have been screaming and screaming about entitlements and the evils thereof. And of the evils of 'social justice' because it means redistributing the wealth in ways that 'aren't right'. But if higher taxes means less jobs, that has a few ramifications of logic. First, taxes are assessed (presuming we're talking about corporate income tax here) on post-cost income, i.e. net income. This is after all jobs are paid for. This is relevant because it means that the company isn't content with making obscene profits; they feel they MUST continue to make at least as much in profit, and to do so, they're going to cut jobs to make the same post-tax profits. Rather than just lose a little off the pure profit side, and have their shareholders understand where the losses come from. They're *gasp* entitled to the same profit levels.
I know I've said before that the Retardicans are truly only interested in redistributing the wealth upward, under the clever guise of Free Market Capitalism. However, this was the first time I've truly seen just how fucking greedy they and their puppet masters really are. Companies are in business to make profits, certainly. But threatening to cut jobs out of an industry that has had companies posting record profits for ANY company globally for several quarters in a row if they get a tax increase?????????? Yeah. That's the real entitlement there, and thank ghods the Retardicans are there to save us from the horrors and nightmares that would certainly arise if companies had to actually follow the law, and not get carve outs of any kind.
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on 2010-Aug-29, Sunday 04:58 am (UTC)no subject
on 2010-Aug-29, Sunday 04:59 am (UTC)no subject
on 2010-Aug-29, Sunday 05:06 am (UTC)