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Is the OWS against Capitalism?

Is the OWS Movement against Capitalism?


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I have no idea but it is idiotic. I can only suppose that the GOP thinks ‘because the Dems want it we are against it’…

That's why I vote for Democrats.


After the recovery AND AFTER WE ADDRESS THE SPENDING I would agree. Spending at +/-25% of GDP is unsustainable.

The Democrats offered $3 in spending cuts for every $1 of tax increases. The GOP turned it down.



What SPECIFIC tax breaks do they get for going overseas? The section 199 reference I gave you earlier promotes DOMESTIC activities.


S.3816:

"Official Summary

9/21/2010--Introduced.Creating American Jobs and Ending Offshoring Act - Amends the Internal Revenue Code to:

(1) exempt from employment taxes for a 24-month period employers who hire a employee who replaces another employee who is not a citizen or permanent resident of the United States and who performs similar duties overseas;

(2) deny any tax deduction, deduction for loss, or tax credit for the cost of an American jobs offshoring transaction (defined as any transaction in which a taxpayer reduces or eliminates the operation of a trade or business in connection with the start-up or expansion of such trade or business outside the United States); and

(3) eliminate the deferral of tax on income of a controlled foreign corporation attributable to property imported into the United States by such corporation or a related person, except for property exported before substantial use in the United States and for agricultural commodities not grown in the United States in commercially marketable quantities."

S.3816: Creating American Jobs and Ending Offshoring Act - U.S. Congress - OpenCongress
 
Umm, you posted a quote from Adbusters. Who do you think Lasn and White are?



The person in the pic below is also "directly involved" in OWS. I guess this means you think he's controlling OWS :lamo


Did that idiot lay out the outline of OWS. Did he conceive the idea of OWS. Did he buy a domain that is the internet hub for OWS? Has he done interviews where he admits to starting OWS with a vision of how it will play out?

Damn a photo of a strawman argument nice touch. Try as you might but Lasn is doing more than screaming like an idiot holding up ripped paper.


And this was just for irony
And just because you are clueless read this: but wait it gets better:
Oh and even better here are your Anarchists that started OWS they were all Adbusters about 50 of them:
Oh and then there is this part where Adbusters grapples with how to manipulate the 99%:
So what were you saying? That Lasn was like that guy in the hat you posted? Not the "driving force"?
 
S.3816:

"Official Summary

9/21/2010--Introduced.Creating American Jobs and Ending Offshoring Act - Amends the Internal Revenue Code to:

That appears to be a bill that would help to prevent jobs from going overseas. I asked you to support 'SPECIFIC tax breaks do they get for going overseas' which you claimed was happening.
 
That appears to be a bill that would help to prevent jobs from going overseas. I asked you to support 'SPECIFIC tax breaks do they get for going overseas' which you claimed was happening.

The bill language lists the tax breaks for outsourcing that would be eliminated. It was quoted in my post.
 
They are not against capitalism. The main reason it started was to protest against big business in politics.
Where did hear that? It's the politicians in business that are the problem.
 
The bill language lists the tax breaks for outsourcing that would be eliminated. It was quoted in my post.

You mean this:

2) deny any tax deduction, deduction for loss, or tax credit for the cost of an American jobs offshoring transaction (defined as any transaction in which a taxpayer reduces or eliminates the operation of a trade or business in connection with the start-up or expansion of such trade or business outside the United States); and

Kinda lacks the specificity that I requested but whatever..three times, done. I posted a SPECIFIC reference to IRS tax code that supported domestic activities. Consider that 'multinationals' overseas operations support increased domestic investment and hiring by decreasing companies' costs, expanding their foreign-customer base, and increasing domestic demand for higher-skilled labor.'

Outsourcing Jobs and Taxes - Council on Foreign Relations
 

These are the tax breaks for companies to outsource investment and jobs that are specified in S.3816

any tax deduction
deduction for loss
tax credit for the cost of an American jobs offshoring transaction
deferral of tax on income


If you want more specificity than this, contact your Senator.
 
If you want more specificity than this, contact your Senator.

So you requoted my quote...
Typical...my Senator is not on DP making wildly unsubstantiated claims...done
 
That appears to be a bill that would help to prevent jobs from going overseas. I asked you to support 'SPECIFIC tax breaks do they get for going overseas' which you claimed was happening.

"SEC. 201. DISALLOWANCE OF DEDUCTION, LOSS, OR CREDIT FOR CERTAIN ITEMS INCURRED IN MOVING AMERICAN JOBS OFFSHORE.

(a) In General- Part IX of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section:
`SEC. 280I. EXPENDITURES INCURRED IN MOVING AMERICAN JOBS OFFSHORE.

`(a) Disallowance- No deduction, loss, or credit shall be allowed under this title for any taxable year for any disallowed amount.
`(b) Disallowed Amount- For purposes of this section--
`(1) IN GENERAL- The term `disallowed amount' means any amount which is paid or incurred during the taxable year which is properly allocable to an American jobs offshoring transaction.
`(2) LOSSES- Such term shall include any loss from any sale, exchange, abandonment, or other disposition of property in connection with an American jobs offshoring transaction.
`(3) EXCEPTION FOR COSTS RELATED TO DISPLACED WORKERS- Such term shall not include any amount paid or incurred for assistance to employees within the United States whose jobs are being lost as part of an American jobs offshoring transaction, including any severance pay, outplacement services, or employee retraining.
`(c) American Jobs Offshoring Transaction- For purposes of this section--
`(1) IN GENERAL- The term `American jobs offshoring transaction' means any transaction (or series of transactions) in which the taxpayer reduces or eliminates the operation of a trade or business (or line of business) within the United States in connection with the start up or expansion of such trade or business (or such line of business) by the taxpayer outside of the United States.
`(2) EXCEPTION- A transaction (or series of transactions) shall not be treated as an American jobs offshoring transaction if the taxpayer establishes to the satisfaction of the Secretary that such transaction (or series of transactions) will not result in the loss of employment for employees of the taxpayer within the United States.
`(d) Aggregation Rule- All employers treated as a single employer under subsection (a) or (b) of section 52 shall be treated as a single taxpayer for purposes of this section, except that section 1563(b)(2)(C) shall be disregarded in applying section 1563 for purposes of section 52.
`(e) Regulations- The Secretary shall prescribe such regulations as may be necessary to carry out the purposes of this section, including regulations necessary to prevent the avoidance of such purposes and the application of this section in the case of mergers, acquisitions, and dispositions and in the case of contract employees.'.
(b) Conforming Amendment- The table of sections for part IX of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new item:
`Sec. 280I. Expenditures incurred in moving American jobs offshore.'.
(c) Effective Dates-
(1) IN GENERAL- The amendments made by this section shall apply to transactions occurring after the date of the enactment of this Act.
(2) EXCEPTION FOR EXISTING TRANSACTIONS- The amendments made by this section shall not apply to transactions occurring after the date of the enactment of this Act if the taxpayer establishes to the satisfaction of the Secretary of the Treasury or the Secretary's delegate that on or before such date the taxpayer publicly identified the transaction in sufficient detail that the nature and scope of the transaction could be identified."

Bill Text - 111th Congress (2009-2010) - THOMAS (Library of Congress)
 
Cat, I hate to be so obtuse but what you furnished is a bill that delineates tax breaks the DO NOT get. My request was for tax breaks the DO GET for 'offshoring'. Based on the first few lines this bill 'amended by adding at the end the following new section'. Your use infers that there is verbage in the tax law that would allow such tax breaks then this added section denys such breaks. You may very well be correct which reinforces the need for reform in the tax laws. I mean if there are sections that allow the tax breaks why not just eliminate these sections rather than add more sections to override others.

Did you read the CFR link I provided? There is some very compelling arguments on both sides of the subject by various sources.
 

Dickie, the Senate bill delineates the tax breaks that would be eliminated, in addition to incentives to keep jobs and investment in the US. Yes, I did read your link. It discusses the tax breaks for outsourcing proposed to be eliminated in Senate Bill. Everything I've read makes me think this is necessary to help stem the outsourcing tide.
 

Good post, FreedomFromAll.

You've provided some new information as well as reiterating stuff that has already been brought to light in this thread. Anyone who is able to add 2+2 can see that Lasn and his buddies are the driving force behind OWS.

The problem for our two progressive friends here is that all they can bring themselves to accept is "hashtags and posters".
 

Are you sure you want to say something like that highlighted text???

Was this your post?

Post #156

And here is my response.

Post #162

That was all well over 200 posts ago. Also, in that part of this thread, FreedomForAll and Aderleth provided other links and information. But you continue to insist that no evidence has been provided.

Dude, I think YOUR concept of debate is faulty...not mine. I've given you evidence that you ignore and all you can do is stubbornly deny that I have provided any links. And, out of all the links provided over and over, the only thing you see is "hashtags and posters".

There's an old saying that applies here: "You can lead a horse to water, but you can't make him drink."

But, at least the horse doesn't whine about being thirsty.
 
An interesting perspective on the OWS as part of an awakening of values for the human race, as explained exceptionally well in this documentary.


***Warning - Videos contain some graphic images***



 
*** Warning graphic images***



 
*** Warning - Graphic images ***



 
This is not the Conspiracy theories forum...

Its a forum about the OWS, that together with the other revolutions around the world, could spark the social awakening discussed in the documentary.
 
Did that idiot lay out the outline of OWS. Did he conceive the idea of OWS. Did he buy a domain that is the internet hub for OWS? Has he done interviews where he admits to starting OWS with a vision of how it will play out?

Adbusters didn't do those first two things either. And buying a domain name and making bogus claims proves nothing except that they know there are wingnuts stupid enough to beleive them.

Damn a photo of a strawman argument nice touch. Try as you might but Lasn is doing more than screaming like an idiot holding up ripped paper.

So after asking who Lasn was, now you "suddenly" know who he is?

Busted much? :lamo


Umm, I guess you don't realize that all those "plans" were the exact same things protesters have been doing since the 60's:

"asymmetrical warfare strategies", "marked escalation of surprise, playful, precision disruptions", "bank occupations", "edgy theatrics", "signs, meetings, camps, marches", "erected a small stage and began giving amplified speeches", “horizontal” organizing methods, "general assemblies and participants make decisions by consensus and give continuous feedback through hand gestures" were, AS YOUR OWN QUOTE STATES

left-wing traditions stretching back to the civil-rights movement and earlier

And you think that means that Lasn invented them? :roll:
 
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Adbusters didn't do those first two things either. And buying a domain name and making bogus claims proves nothing except that they know there are wingnuts stupid enough to beleive them.
WTH are you talking about?



So after asking who Lasn was, now you "suddenly" know who he is?

Busted much? :lamo
Ok what exactly are you accusing me of here? Let me in on it it seems entertaining.



Invented? WTH are you making up now? When did I say that Lasn invented something? Are you sure you have a clue what you are going on about? I mean I dont really know what you are trying to claim here.
 
I can’t speak for all the OWS protesters but I do know most of the active ones from my university and every one of them is an anti-capitalist.
 
I can’t speak for all the OWS protesters but I do know most of the active ones from my university and every one of them is an anti-capitalist.
And of these, how many can think for themselves, and then speak for themselves ?
Believe me, its much easier to "go with the flow" rather than duel windmills, or buck the tide of human opinion...
IMO, capitalism works, but must be regulated in a way that benefits society. And this is the tricky thing to do.
Right now, obviously, the playing field is tilted to favor the wealthy.
OWS sees this and is rightfully protesting, to which , I applaud them.
IMO, this whole protest thing would be un-necessary if those powers that are would just leave their sanctuary of their ivory towers and listen to the people.
 

I see you've returned to disingenous - a sure sign you've run out of arguments
 
I see you've returned to disingenous - a sure sign you've run out of arguments
Why should I argue with you? You misrepresent my position and have become irrelevant since you did not make any sense. I asked you questions so that you could clarify WTH you are talking about, you ignored those questions and through out an insult instead.

You have made it clear that you do not intend to have a civil conversation several posts a go. Didnt you notice that you killed the discussion?
 
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