U.S. divided over how to tackle income gap, poverty: poll

Comments (7)
TheNewWorld wrote:

End the corporate welfare, stop bailing out the wealthy, cut corporate taxes in half and eliminate all loopholes. All businesses should have to pay 20% corporate taxes like most of the free world, and the richest business should not get tax breaks that takes it to 0%. Right now the US has the highest corporate tax structure in the world and Democrats wonder why businesses go overseas to survive.

We should also cut defense spending in half and bring our troops back home. We effectively pay for the defense of most of the free world with our taxes. Let Europe defend itself. Those two things should free up a bit of tax dollars to focus on the middle class and lower classes.

Jan 23, 2014 3:20pm EST  --  Report as abuse

@TheNEwWorld, I agree except for your statement of ‘Right now the US has the highest corporate tax structure in the world and Democrats wonder why businesses go overseas to survive.’, While we do have one of the higher base rates, very few if any large corporations pay anywhere close to this.

The problem is the GOP will NEVER go for eliminating all loopholes, as their money backers will not want this to happen.

Jan 23, 2014 4:16pm EST  --  Report as abuse
QuidProQuo wrote:

Please. Until America and all the noise to be totally egalitarian is replaced by the proper mindset of being totally utilitarian, nothing positve will materialize and the bitterness, divisiveness and viciousness will continue forever. I could go on and on about the failure of all the things the government does to foster poverty by merely setting “eligibility” guidelines to receive benefits, but there isn’t enough time or space on this site to do so.
But I can assure you, the greater good is not being met by merely expanding government programs as a solution to instilling confidence, esteem, pride, prudence, risk aversion and determination in our Nation.

Jan 23, 2014 4:35pm EST  --  Report as abuse
Pumuckl wrote:

Most people would agree that NPR is at best un-biased and at worse prog-lib leaning.
This being the case how does the following square with the endless diatribe on this income gap?
When all is said and done if you just had to be poor which decade would you pick?
The poor are indeed much better off today than at any other time in history.

Study: Upward Mobility No Tougher In U.S. Than Two Decades Ago

http://www.npr.org/2014/01/23/265356290/study-upward-mobility-no-tougher-in-u-s-than-two-decades-ago

And here is the actual site.

http://www.equality-of-opportunity.org

Facts . . . don’t leave home without them.

Jan 23, 2014 6:58pm EST  --  Report as abuse
TheNewWorld wrote:

@USAPragmatist2

I agree with you. The largest of corporations don’t pay those high rates. They get their sweet heart deals, and that gives them a competitive edge against anyone else who wants to do business in America. I think the money backers are quite happy with their corporate welfare, the people have to start dropping the big two parties for supporting this system if we are ever going to see any change. Wall Street has both parties in their pockets, big oil seems to be more GOP, while big agriculture is a mix of the two parties. Then you have health care and the military industrial complex. It is quite sickening to see the Senate and House fight amongst themselves over unemployment benefits and food stamps while we speed 10-100 times more of our tax dollars on supporting the richest industries in the world.

Jan 23, 2014 9:00pm EST  --  Report as abuse
Pumuckl wrote:

Look, do you two know ANYTHING about how business works?

Let’s pretend that we could magically create a world where all corporations were taxed any percentage YOU wanted and that there were no ‘loop holes’.
What would be the outcome?
They would simply raise the prices they charge for their goods or services to cover the COST OF DOING BUSINESS.

The end user ALWAYS pays the costs incurred of a business doing business.

Let me guess, you would institute price controls.

I have to wonder just what sort of knowledge base you have to be so un-savvy with real world economics.

Jan 24, 2014 12:31am EST  --  Report as abuse
SayHey wrote:

It is instructive that, 50 years after the “War on Poverty”, and its untold billions spent, the political descendants of its proponents now decry “income inequality”. It is a refusal to accept that their prescriptions do not work – a half century of experience demonstrates that it actually makes matters worse.

Jan 24, 2014 9:12am EST  --  Report as abuse
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