I think you have a number of issues with your post.
"The super-rich tend to invest most of their money with those companies that guarantee the highest return on that investment." Everyone invests where they can get the highest return. The advantage the rich have is they can circumvent taxes using tax havens most others can't afford, and they get better returns because they can invest more.
"...rapidly growing companies. This means that these are companies that are creating a lot of jobs." Not necessarily. Many companies and industries are making huge amounts of money not by hiring people but by eliminating competition and then gouging customers. Oil companies, cell and cable companies, for example. The price of a barrel of oil has not kept pace with the retail prices. In 1974 it was about $40bbl when retail prices were around a dollar a gallon. It's now about $80/bbl but we are paying four times the price at the pump. That has nothing to do with creating jobs. Many companies are simply making fewer people do more work.
"I propose to improve the quality of education..." I couldn't agree more. Right now the republicans are taking advantage of the decades-long decline in education by recruiting leagues of religious and other morons. The decline of education will eventually guarantee third-world status for this country.
"...to do as little business as possible with those who act unethically." I agree with the sentiment, but your career stops the minute you choose ethics over revenue. When faced with an ethical decision, just about every manager at every level will choose revenue unless the risk is large and probable. BP is a good example - they knew all about the crap equipment and used it anyway. It happens all the time.
--- In Politics_CurrentEvents_Group@yahoogroups.com, "zeus32117" <zeus32117@...> wrote:
>
> The super-rich tend to invest most of their money with those companies that guarantee the highest return on that investment. I think that these are probably rapidly growing companies. This means that these are companies that are creating a lot of jobs.
>
> To me, a sacrifice makes sense if there is not a better option. To me, not using punishment is a better option. I propose to improve the quality of education and to do as little business as possible with those who act unethically. I would send all physically violent individuals to heavily guarded rehabilitation centers. I would release them only if they become harmless enough.
>
>
> --- In Politics_CurrentEvents_Group@yahoogroups.com, Sandra Dunsmoor <sandradunsmoor@> wrote:
> >
> > Help Warren Buffett raise taxes on the super richDear Friend,
> >
> > We hear a lot about "shared sacrifice" and belt-tightening out of Washington, but as billionaire investor Warren Buffett noted recently:
> >
> > "Our leaders have asked for 'shared sacrifice.' But when they did the asking, they spared me...and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks."
> >
> > As complicated as some want to make it, this issue is very simple. In a time of economic crisis, it's both healthy for our democracy and fundamentally fair to ask the super rich to pay more.
> >
> > Senator Bernie Sanders has a bill to do this and make millionaires and billionaires pay their fair share. But Senate Majority Leader Harry Reid has yet to call a vote on it.
> >
> > Warren Buffett is asking Congress to raise his taxes. So I just signed a petition telling Harry Reid to call a vote on the Sanders bill.
> >
> > I hope you'll do so as well.
> >
> > You can find out more information and sign the petition at the link below.
> >
> > http://act.credoaction.com/campaign/buffett_taxes/?r_by=26157-3647769-EtBDFKx&rc=paste1
> >
> >
> >
> > All those who believe in psychokinesis raise my hand.
> > A woman's favorite position is CEO
> >
>
No comments:
Post a Comment