How will additional tax cuts for corporations do anything to create more jobs?

If past is prologue, it will move wealth away from the middle class, and toward the top.

Any further corporate support must reward new jobs created and maintained in the previous two calendar quarters.

They won’t. It is just a tax grab as @dpworkin has mentioned. They’ll stock pile it like they always have.

@dpworkin You can pretty well bet past is prologue.

@Dr_Lawrence That’s a great idea.

@tranquilsea Actually, I suspect they would gladly add workforce if they were confident there would be demand for the increased production. I know I would in my business.

Stop off-shoring and fix executive compensation to reasonable multiples of the wage of the lowest person on the totem pole. This way, if the CEO wants a new yacht, they’ll need to actually trickle some of it down to the trenches like they said they would in the 80’s.

@hiphiphopflipflapflop While I agree that would be a great idea, our present system of government hasn’t much control over executive compensation in private enterprise. How could we achieve this without at the same time making the government far more intrusive?

Intrusive-ness in this sphere (as opposed to the post 9/11 assault on civil liberties) is not the problem. Corporate influence over policy-making is.

While I’m at it, corporate board representation needs to be looked at too. It’s all the same cliques of people serving on each others boards washing each others’ backs with lavish compensation independent of results. This is royally screwing shareholders not on the inside.

@hiphiphopflipflapflop You’ll have a hard sell with that agenda.

@ETpro You don’t think I realize that for myself?

Passing the unemployment benefit package would do more for demand than further tax cuts especially cuts for multinational corporations. The original stimulus package should have been spent on the victims, not the perpetrators of this vast fraud. All the banks and insurance companies did was store the money and pay their bonuses. What a terrible waste of resources.

Unfortunately the process had begun when Obama too office. Also, unfortunately, Obama is too centrist. He did little to ameliorate the damage by letting some of the big corporations fail. He should have allowed some failures and insisted on the break-up of others. I blame his wall street economic ad visors for that inaction.

If we have any corporate tax cuts at all, they should be for damaged domestic industries only. It can be paid for by removing the incentives paid to oil companies. Absolutely no tax credits or aid to international corporations based outside the U.S. Only limited help for international companies based in the U.S. with their legal assurance that the money saved will be spent in the U.S..

Further, we need to leave the Free trade organizations and the WTO and revise or re-initiate the tariff system to protect U.S. industry. We have given too much, we need to start thinking about ourselves.

I frankly don’t care if this looks isolationist. For too long we have been on the shitty end of the trade agreement stick.

I remember trade agreements when I was younger. I was always surprised when we agreed to trade agreement that helped our trading partners but did nothing to help us. That is until I understood that the negotiators regularly changed sides and didn’t want to upset their future employers. Trade seems to be handled much like finance and oil policy.