Here's why people can't save for retirement.

[postulater]

The CEO of Johnson Controls is set to make tens of millions of dollars by tax inversion deal that sends the old Milwaukee -based company to Ireland.

The deal will reduce the taxes that the company pays into our common use tax fund. It will likely result in loss of jobs. It will further erode the Central city of Milwaukee.

Another of the great manufacturing cities continues to spiral down the drain.

http://fortune.com/2016/01/25/johnson-tyco-ceo-pay-molinaroli/

[SamKnause]

1. We need to get rid of all taxes on corporations.

We need more loopholes.

We need more free trade agreements.

We need to stick with trickle down economics.

We need to bust every union in the U.S.

We need to get rid of the minimum wage.

We need to get rid of all regulations on businesses.

We need to pay our CEO's higher wages.

We need to make health care more expensive.

We need to be paying more for our prescriptions.

We need to cut Social Security, Medicare, and Medicaid.

We need to double the Military budget.

We need to ramp up the war on 'drugs'. (aka cannabis)

We need to police the entire globe.

We need to lower taxes for the rich and raise taxes on the poor and working class.

We need to build more prisons and lock up more people (Not white collar criminals)

We need police and cameras on every street corner.

We need to give our police the right to kill without facing fear of punishment.


......................These are some of the things that our legislatures have forced, or are trying to

force on this country.............


All the power that the corporations have came from our legislatures and judicial system.

This country has been sold to the highest bidders.

[SammyWinstonJack]

2. Bernie! Because fuck this shit!

[SamKnause]

3. Exactly.

I am so f**king sick of this shit !!!!


FEEL THE BERN

[Duppers]

10. Great list!

Thanks! Am sending this out to a brainless gop-voting family member.

Yep, FTS.

[SamKnause]

11. Thanks.

Feel free to spread it far and wide.

[The2ndWheel]

4. The concept of retirement is a very recent thing

It's existed within a certain set of circumstances, and the variables are always changing.

[ProfessorPlum]

6. ? people have been retiring since before the Roman Republic

It's just that for millennia, only the super rich could afford to do so. thanks to program like SS and medicare, it is within reach of everyone who has worked and sacrificed their bodies and youth in this country. Those program are 50 years old, at least. Is that what you mean by "recent"?

The newest thing is removing two of the three legs of retirement - namely, savings and pensions. SS is the only leg left. The other two exist in the world of plundered assets, picked over, reduced by fees, wiped out in "crises".

[The2ndWheel]

7. Yeah, I'd say 50 years is recent compared to the Roman Republic

The super rich are going to do what they do. I'm not talking about them. This general retirement idea is going to change. It may be for the better, it may be for the worse, possibly a mix of the two, as with anything it depends on who you ask, but it's not going to stay the way it's been for less than a century.

[daleanime]

9. +1

[Arugula Latte]

16. My retirement plan is to hopefully never retire.

My job isn't physically taxing so fingers crossed I can keep doing it 'til I drop.

[ForgoTheConsequence]

13. It's called progress.

Gay rights and women's suffrage are both relatively new ideas. Are you advocating regression?

[The2ndWheel]

18. Which isn't a given

Progression, regression, these are just abstract ideas in the human imagination as we struggle to make sense of existence. I'm not advocating anything, I'm just saying nothing is permanent. Either way. Variables change, circumstances change.

[GummyBearz]

5. Ah. The old double Irish tax arrangement

What people sometimes fail to realize, while they are asking the rich to pay higher taxes, is that the extra taxes from rich people are a drop in the bucket compared the taxes lost to corporations exploiting tax codes like the double Irish tax arrangement. That is the real problem... google raking in billions but having a 2.5% effective tax rate on it due to the double Irish loop hole.

[Helen Borg]

8. You could just say: Here's why people can't save.

[StarzGuy]

12. I had some savings but got wiped out when I became disabled

Yet, the 1%'ers still get to lie, cheat, steal and avoid paying taxes with impunity all the while people like me get reduced to the remaining of my life in poverty. This is why I support Sanders for president.

[Spitfire of ATJ]

14. Why do I think he wants to move there for golf?

[tex-wyo-dem]

15. So, a company tat gets establish in an American city...

That wouldn't even be a company, much less successful, without taxpayer paid for socialistic transportation systems, water and energy systems, education system for its employees and employee's children, (I could go on and on), now thinks it's a-okay to just pick up shop and move to a different country to avoid paying taxes, screwing many good people of Milwaukee ?

At best this is a "thank you very much, but fuck you", at worst its tax evasion/robbery.

That's what kills me about these companies and corporations that move their shit overseas...they wouldn't even had existed without the socialised, tax-payer paid for infrastructure critical for any business to even get started.

At least the CEO got his.

[hedgehog]

17. I have to wonder what the typical Irishcitizen is getting out of the deal -

my guess is not much.