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Re: Editorial in the paper 

By: ribit in POPE | Recommend this post (2)
Fri, 15 Jul 11 4:28 AM | 40 view(s)
Boardmark this board | (The) Pope's for real stock market report 		Msg. 39238 of 65535
(This msg. is a reply to 39173 by killthecat)
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killthecat
...if I own a company and my profits go from 5 million to 4 million, that represents a 20 percent cut for me. Im gonna get that back by laying off 20 percent of my work force or by raising my prices or by some combination thereof. Rich folks aren't gonna take it in the shorts just because you think they should.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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Re: Editorial in the paper
By: killthecat in POPE
Thu, 14 Jul 11 4:48 AM 		Msg. 39173 of 65535

Hi Zim:

Just maybe a company has $20 million in sales, $15 million in expenses, and $5 million in profit. The company's taxes are raised by $1 million. The most likely result of this new tax is that expenses go up to $16 million and profit goes down to $4 million, not that the product price is increased to cover the new tax.


Re: Your rather silly contention that a little unionism is A-OK. Do you have a single example in world history where a little unionism was effective? I thought not.

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