Off-Topic: One other ? hound
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   One other ? hound
Date:   11/4/2008 2:26:04 PM

If exxon all of a sudden said we do not want to make a profit and said we will create as many jobs as they need to in order to breakeven ... now exxon would no longer pay those billions in taxes to the feds .... if they create all those jobs under $250,000 a year they would not be rich people so would not have to pay a lot in taxes.

Forget that all the other things like ... what would these people do and if Exxon just broke even there would be other issues like they can't invest and buy capital equipment that creates other jobs. But lets assume they just create all those additional jobs so they breakeven .... is the US better off? Is the government better off?

I would think the answers to all that is no ... most people do not want jobs, they want to contribute to society and know what they are doing is meaninful. And no the government would not be better off tax wise .... from from it. And all the secondary jobs Exxon creates through investments of their profits to grow creates many other jobs at other companies.
Other messages in this thread:View Entire Thread
Funny... - AUCATZ - 11/4/2008 9:20:35 AM
     Funny... - Talullahhound - 11/4/2008 9:27:01 AM
          Funny... - AUCATZ - 11/4/2008 9:31:17 AM
               Funny... - water_watcher - 11/4/2008 9:45:12 AM
          There you go again! - MartiniMan - 11/4/2008 9:58:00 AM
               There you go again! - Talullahhound - 11/4/2008 10:16:07 AM
                    There you go again! - water_watcher - 11/4/2008 10:39:01 AM
                    There you go again! - MartiniMan - 11/4/2008 12:08:44 PM
                         There you go again! - Talullahhound - 11/4/2008 1:29:26 PM
                              There you go again! - water_watcher - 11/4/2008 1:39:15 PM
                              There you go again! - MartiniMan - 11/4/2008 1:56:28 PM
                              One other ? hound - water_watcher - 11/4/2008 2:26:04 PM
                                   WW, I give up - MartiniMan - 11/4/2008 2:36:05 PM
                                        WW, I give up - Talullahhound - 11/4/2008 4:03:21 PM
                                             Profits VS. Profit Margins - Swimmer27 - 11/4/2008 4:17:12 PM
                                                  Profits VS. Profit Margins - Talullahhound - 11/4/2008 4:46:55 PM
                                             WW, I give up - MartiniMan - 11/4/2008 4:28:49 PM
                                                  Totally agree with your 2nd pa - Talullahhound - 11/4/2008 4:58:09 PM



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