Clueless Friedman

Tom Friedman of NYTimes writes: "It advocates: raising taxes to close our budgetary shortfalls, but doing so with a spirit of equity and social justice; guaranteeing that every American is covered by health insurance, but with market reforms to really bring down costs; legally expanding immigration to attract more job-creators to America’s shores; increasing corporate tax credits for research and lowering corporate taxes if companies will move more manufacturing jobs back onshore; "

AnnS, from Michigan, replies:

You need an editor.

Let's fix that list:
(1) "raising taxes to close our budgetary shortfalls, but doing so with a spirit of equity and social justice"

In Short Return To The 1952 Tax Code. The upper 2% (incomes over $300,000+/-) own 80% of the wealth in the US and get 50% of all income. The upper 1% (incomes over $520,000) own 90% of the wealth. The upper 1/1oth of 1% (incomes over $1,600,000) control an obscene amount of the wealth. TAX THEM

(2) legally expanding immigration to attract more job-creators to America’s shores;

Only Allow Educated Healthy Immigrants Who Can Support Themselves Upon Arrival. No Illiterate Uneducated Peasants Need Apply. And put an end to the shirt-tail relatives following them over here. If the relative can not qualify on their own merits, they do not come. That is the way every other country runs their immigration system.

(3) increasing corporate tax credits for research and lowering corporate taxes if companies will move more manufacturing jobs back onshore;

Ummm.. pretty clueless. Do stop spouting the right-wing myths. Money spent on research and development is ALREADY a 100% deductible expense. Hard to get much more of a "tax credit" than 100%.

Do NOT lower corporate taxes if they promise to be nice and NOT export jobs. RAISE their taxes when they DO export jobs - and raise them so high that they have to pay an amount in taxes that is equivalent 90% of their anticipated savings by exporting the jobs.

And then throw in the little kicker that unless 50%+ of all their employees are in the US, they lose their status as a US Corporation -- and they can trot off an incorporate their business in China.