Ron Paul? What are your thoughts?

respect said:
So the town paid for an increase in the sewer system? Are you sure the store isn't just part of expected expansion? Are other businesses, homes etc being built?
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Actually, most of the locals have wanted them to stay the hell away.

Why should the town pay to support the Walton larvae in their expansion?
 
leftysergeant said:
Actually, most of the locals have wanted them to stay the hell away.

Why should the town pay to support the Walton larvae in their expansion?
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I suspect it will more than pay for itself with tax revenue. Most towns like business expansion for that very reason.
 
respect said:
I suspect it will more than pay for itself with tax revenue. Most towns like business expansion for that very reason.
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Well, the realestate developers, who can shove the tax burden onto home buyers, love it. That's why they throw money at local candidates who will help inflate that bubble.
 
respect said:
Are you suggesting tax rates should be in line with other countries or undercut them?
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A tricky point to be sure. On the one hand, what empirical data suggests to be the best ought to be the one followed, but on the other hand, what one's competitors are doing needs to be considered as well. But it is worth nothing that there are other ways of luring business investment other than just lower corporate income tax rates; there is the quality of the infrastructure and workforce, for example.
 
dc1971 said:
You mean minimum wage jobs without benefits or a retirement plan?
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They wouldn't work there if it wasn't better than what they were otherwise doing.

If they want a better job, they need to develop more marketable skills. No one is entitled to a high wage from another person.
 
respect said:
They wouldn't work there if it wasn't better than what they were otherwise doing.

If they want a better job, they need to develop more marketable skills. No one is entitled to a high wage from another person.
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And how would you suggest someone who has a family, works 7 days a week, maybe works 8 hours at Wal-Mart and has to tie up financially loose ends working another part time job, find the time to develop marketable skills?
 
dc1971 said:
And how would you suggest someone who has a family, works 7 days a week, maybe works 8 hours at Wal-Mart and has to tie up financially loose ends working another part time job, find the time to develop marketable skills?
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They need to find time if they want to develop them.

Again, no one is simply entitled to a high paying job.
 
Corsair 115 said:
A tricky point to be sure. On the one hand, what empirical data suggests to be the best ought to be the one followed, but on the other hand, what one's competitors are doing needs to be considered as well. But it is worth nothing that there are other ways of luring business investment other than just lower corporate income tax rates; there is the quality of the infrastructure and workforce, for example.
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Of course. Tax rates happen to be the factor that governments have the most control over. Other factors can play just as big a role, if not much bigger. For example, a country that lacks the skilled workforce your product production needs is not a viable option regardless of other positives they may offer.
 
respect said:
They need to find time if they want to develop them.

Again, no one is simply entitled to a high paying job.
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Agreed.

However, Wal-Mart is a big corporation. You would think a large corporation would be able to pay a fair wage to their workers!
 
respect said:
For example, a country that lacks the skilled workforce your product production needs is not a viable option regardless of other positives they may offer.
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So then you just don't hire a workforce from another country! Problem solved!
 
leftysergeant said:
You are ignoring the fact that since 1980, when some senile old twit conviced peoe that it was taxes and union wages that were keepiung them from getting rich, the jobs have been moving away even as taxes come down and real wages decline with them.

Get your fingers out of your ears. For all but the super-rich, supply-side ecconomics and favors to the investor class have worked far more and far greater curses on people than blessings. Your dire warnings of doom and gloom are at odds with reality.
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It's interesting that Mr. Ronnie had a son who has stated on record (** will look for the source**) that supply side economics simply doesn't work!
 
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