IMO it's a great idea.... especially the PUBLIC EMPLOYEE UNIONS.. why are state and government workers making on average more then the people in the economy in the areas they service. Especially those TEACHERS... of course the unions want smaller class sizes, because that would mean that more UNION teachers get hires, which means more money in the union coffers every single month...UNIONS had there place in socitey but not any more...
MASSIVE TAX CUTS FOR THE RICH......so how many employees do you employee? Should I make less then my employees because I am the RICH business owner? I am the one who sweat and bleed this place I sold my house to buy this place and used my money to HIRE YOU, when do I get paid? if My rent is $4,000 per month I still have to have the money to pay for it.. even if I get a credit at the end of the year..... Don't you get a tax credit for renting your apartment? or owning a home? what is so difference? My parents are business owners, no one helped them.... can I borrow some money for my IRA? I paid all my employees and I have nothing left this month, what can you do for me....Even if these RI$CH businesses can wright something off they still have to have money to pay for it up front.
unions play a big part in american society and it would do the rest of the world good too if they have unions... but sometimes the unions do get too powerful and thats when they become corrupted with greed...
without unions, there would be no set limit... everyone would get the lowest pay from companies... so unions set the bar for better pay... however when a country is facing a downfall, unions should lower the bar as well...
massive tax cut is a double edge sword... you are only considering the companies that employ workers in the country; those companies would benefit from tax cuts... but if you factor the companies that employs oversea workers, then the effects would do damage to our country and the companies in our country...
ex... simple form...
us co that hires us workers vs us co that hires oversea workers... both co makes the same products...
us co worth $1000 - 0% tax... pays $10 to us worker... sell products for $20...
us co worth $1000 - 0% tax... pays $1 to oversea worker... sell products for $10...both are competing in prices... of course the us co with oversea workers will out sell the us co with us workers...
after 10 years...
us co worth $500 - 0% tax... pays $10 to us worker... sell products for $15...
us co worth $2000 - 0% tax... pays $1 to oversea worker... sell products for $5...now you have two options to correct this... either start taxing the $2000 co or start cutting the pay of the $10 worker...
which do you think will benefit america?... both its employers and employees...