The tax cuts and rate increases // gamzat

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The tax cuts and rate increases

2010. máj. 10. 12:01 - írta gamzat

The tax cuts and rate increases were a scam to get more money in the short term from the consumer. The companies made up numbers about costs to upgrade, so they could later say that they were wrong and costs were much higher and they were unable to do the upgrades they promised to do. But no refund of money was given, the American consumer was scammed.Despite what we were told in school, America is not a free market for all things, we have monopolies for some big things electric, natural gas, telecommunications. I am OK with that, but for that privilege of having virtually no competition you must be transparent in your bookkeeping and your profits must be capped at a reasonable percentage.Government should stay away from the private sector as much as possible, they can and often do mess things up But only through government regulation can the long term needs of the country be met Top management who can quickly retire with several lifetime worth of money dont care about the long term viability of the company, customer or the country These are not a family owned business with future generations to think about or someone who is only getting paid in stock that cant be cashed in for 15 years.

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