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| Jas 5:16b The effectual fervent prayer of a righteous man availeth much. | May 16, 2008 |
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To Be a Good Liberal: 1. You have to believe the AIDS virus is spread by a lack of federal funding. 2. You have to believe that the same teacher who can't teach 4th graders how to read is somehow qualified to teach those same kids about sex. 3. You have to believe that guns in the hands of law-abiding Americans are more of a threat than US nuclear weapons technology in the hands of Chinese communists. 4. You have to believe that there was no art before Federal funding. 5. You have to believe that global temperatures are less affected by cyclical, documented changes in the earth's climate, and more affected by yuppies driving SUVs. 6. You have to believe that gender roles are artificial but being homosexual is natural. 7. You have to be against capital punishment but support abortion on demand. 8. You have to believe that businesses create oppression and governments create prosperity. 9. You have to believe that hunters don't care about nature, but loony activists who've never been outside of the city do. 10. You have to believe that self-esteem is more important than actually doing something to earn it. 11. You have to believe the military, not corrupt politicians, start wars. 12. You have to believe the NRA is bad because it supports certain parts of the Constitution, while the ACLU is good because it supports certain parts of the Constitution. 13. You have to believe that taxes are too low, but ATM fees are too high. 14. You have to believe that Margaret Sanger and Gloria Stienem are more important to American history than Thomas Jefferson, General Robert E. Lee or Thomas Edison. 15. You have to believe that standardized tests are racist, but racial quotas and set-asides aren't. 16. You have to believe Hillary Clinton is really a lady. 17. You have to believe that the only reason socialism hasn't worked anywhere it's been tried is because the right people haven't been in charge. 18. You have to believe conservatives telling the truth belong in jail, but a liar and sex offender belongs in the White House. 19. You have to believe that homosexual parades displaying drag, transvestites and bestiality should be constitutionally protected and manger scenes at Christmas should be illegal. 20. You have to believe that Democrat Party funding by the Chinese is somehow in the best interest of the United States. 21. You have to believe that this letter is part of a vast right wing conspiracy I found this artical at Neal's site and just had to include it here. Neal has a way of breaking things down to common sence thinking, and this is a good example of that. Kudos Neal. EVIL CORPORATIONS AVOIDING TAXES By: Neal Boortz In coming days or weeks you may see some television ads showing soldiers battling some evil corporate executives. The announcer gravely tells you that In the sands of Iraq our soldiers risk their lives for our country. At the same time, big corporations are abandoning our country and setting up phony tax shelters in the sands of Bermuda. Arianna Huffington, who recently converted her head to a serpentarium, is behind this effort. She says that these corporations are cheating America, and they’re cheating every American taxpayer who plays by the rules. OK all of that sounds pretty nasty, doesn’t it. Evil, greedy capitalist pig corporations running away from their responsibility to pay taxes just like everyone else. Stand by. You need to know the truth, and you sure aren’t going to get it from Arianna Huffington First of all and I’m only going to devote one sentence to this corporations don’t pay taxes. Corporations collect taxes from their customers, employees and shareholders and merely pass them off to the government. Now, let’s deal with the motivations behind corporations moving out of this country to places like Bermuda. I’ll give you the facts, and you tell me whether you think they are justified or not, evil or just seeking a competitive balance. Let’s take two manufacturers. Well make our two examples auto makers. One in the United States, one in Spain. We’ll call them AmeriCar and EuroCar. AmeriCar sells automobiles in the United States and Europe. EuroCar is based in Spain and sells cars in Europe and the United States. Let’s say that Eurocar earns a profit of $5 billion on cars sold in Spain and another $10 billion profit on cars sold in the United States. AmeriCar earns $5 billion on cars sold in the United States, and $10 billion on cars sold in Spain. Each company, then, has total profits of $15 billion from cars sold in the U.S. and Spain. So, what is the U.S. income tax bill for AmeriCar? And what will EuroCar have to pay? AmeriCar will have to pay the IRS taxes on its total $15 billion profit. Every penny of it. Also, AmeriCar will have to pay Spain corporate income taxes on the $10 billion earned in that country. EuroCar, on the other hand, will only have to pay the IRS income taxes on the $10 billion earned here. EuroCar will then have to pay the Spanish government income taxes on the $5 billion earned in Spain but not on the $10 billion earned in The United States! Even those of you who attended government schools can see what is going on here. AmeriCar is paying taxes on $15 billion in earnings to the IRS as well as taxes to the Spanish government on the $10 billion earned there. The $10 billion earned in Spain is being taxed twice both in Spain and in the U.S. EuroCar, on the other hand, will pay the IRS the taxes for the $10 billion earned here, and their own government gets the income taxes on the $5 billion earned there. The tax burden on EuroCar is lower. Advantage, EuroCar. Now let’s expand this a bit. Both AmeriCar and EuroCar also sell cars in England. Each car is basically the same and costs exactly the same to produce. AmeriCar has to pay income taxes in both England and in the United States on each car it sells in England. EuroCar only has to pay income tax to England, not to Spain. This means that even though the cars cost exactly the same to manufacture, EuroCar can sell its cars in England for less and still make a good profit. Competitive advantage EuroCar So EuroCar takes advantage of the favorable tax treatment it gets because it is based in Spain and prices its cars lower than AmeriCar. Soon EuroCar turns its price advantage into a huge market share for this particular type of automobile. AmeriCar starts laying off workers because it just can’t compete with EuroCar on price. Soon EuroCar has the entire business. So how can AmeriCar compete with EuroCar, make a profit and not close its manufacturing facilities in the United States? Easy! Move the corporate headquarters to Bermuda! Move, as they say, off-shore. Now that the corporate headquarters are in Bermuda AmeriCar pays income tax according to Bermuda law. The United States collects income taxes on all cars profits earned in the U.S. England and Spain collect income taxes on profits earned in those countries. AmeriCar is once again in a competitive position. and American jobs are saved. Now --- you tell me. Why is it so wrong for AmeriCar to move off shore? The United States government still gets its income tax on all profits earned in America. Isn’t that the way it should be? Know this. The United States is the ONLY industrialized nation that compels corporations organized under its laws to pay income taxes on worldwide earnings. This means that every international business based in the United States is at an immediate competitive disadvantage with every similar business located elsewhere. Can someone please explain to me on what level does this make sense? And while you’re at it, see if you can tell me whatArianna Huffington has been sniffing. Memo to Nancy Pelosi: A Failed Plan? 1. We took Iraq in less time than it took Janet Reno to take the Branch Davidian compound. That was a 51-day operation. 2. It took less time to find evidence of chemical weapons in Iraq than it took Hillary Clinton to find the Rose Law Firm billing records. 3. It took Teddy Kennedy longer to call the police after his Oldsmobile sunk at Chappaquiddick than it took the 3rd Infantry Division and the Marines to destroy the Medina Republican Guard. 4. We took Iraq in less time than it took to count the votes in Florida in the year 2000! And the Democrats called the Iraq effort a failed plan?
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