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Reply #43: It makes PERFECT sense, if you stop and THINK. [View All]

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Milo_Bloom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-28-10 04:59 PM
Response to Reply #38
43. It makes PERFECT sense, if you stop and THINK.
First, the concept that "business donates money to those who are going to give them the best deal" is a load of crap. Individuals and businesses have been donating against their best interests for years and years and years, because often they don't take time to fully UNDERSTAND the issue and are stuck in old thinking. Small businesses traditionally support Republicans, but Democratic policies are usually friendlier to small businesses.. why? Most small business owners don't really understand the issues at play... so the idea that a giant bone thrown to the insurance industry by the democrats would suddenly convert YEARS of pattern behavior is not only laughable, but contrary to the way things actually work and have worked for many many MANY years.

Second, the decision makers in these companies are made up EXTREMELY RICH people who will PERSONALLY benefit from republicans keeping the bush tax cuts.. probably by hundreds of thousands of dollars. At the end of the day, HCR means very little for them personally.. their salary and bonuses will remain the same and the companies profits will continue to rise out of control for many years to come.

The contuation and/or repeal of HCR will have little impact on a member of the board of directors of a high executive in any one of these companies, the company will still make BILLIONS.

But, we can even look at this company wide... Democrats are generally FOR taking out restrictions on corporate loopholes, tax dodging and other in a ton of tricks that large corporations can pull to HIDE INCOME and ESCAPE TAX LIABILITY.

So let's put all the above aside for a second and forget tradition and people geting their companies to do things for their own personal selfish reasons... okay?

Let's just examine the BIG PICTURE.

Democrats are FOR repealing corporate tax loopholes and tons and TONS of tricks that large corporations can use to dodge MILLIONS in taxes. Repulbicans love themselves some business tax loopholes and actually want to enact MORE corporate tax loophopes, under the insane premise that giving more money to the corporations will result in job growth.

Most likely the tax loopholes and savings being offered by the republicans OUTWEIGH the huge windfall gifted to them by the democrats!

Democrats offered them X million in new business with basically no real restrictions, which will = X - Y in higher profits. Y= the cost of managing these new accounts. The republicans are offering them X million in tax cuts, which no new costs associated with it.

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