Hill: Rising Dem star Tim Ryan splits with party, endorses corporate tax cuts (user search)
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  Hill: Rising Dem star Tim Ryan splits with party, endorses corporate tax cuts (search mode)
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Author Topic: Hill: Rising Dem star Tim Ryan splits with party, endorses corporate tax cuts  (Read 4350 times)
Virginiá
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« on: August 31, 2017, 08:14:05 PM »

http://thehill.com/video/lawmaker-interviews/348776-rising-dem-star-tim-ryan-splits-with-party-endorses-corporate-tax

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So much for Tim Ryan. All that attention he drummed up, just so he could end up pushing the same failed policies that conservatives and various Democrats have enacted over the past few decades. Going to bat for corporate America isn't going to help the working man. They don't need any help, and in fact have had themselves quite a good time since the days of Reagan.
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Virginiá
Virginia
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Posts: 18,921
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Political Matrix
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« Reply #1 on: August 31, 2017, 08:39:16 PM »
« Edited: August 31, 2017, 08:41:54 PM by Virginia »

Ryan could have a point. Is he going to be purged now? He's too pro-capitalist for the anti-business/socialist Democratic Party now?

Well, no, not necessarily. As I've said elsewhere, I don't mind people with those views in the party, but going into the future I'd like them to be the minority faction for a while. We've had enough pro-business policy since Reagan. It's time to return to an anti-corporate power position. That doesn't always mean "regulate them to the point of closure," that means preventing the consolidation of power and start enacting more regulations where needed (and removing some that are not needed). There are plenty of industries that need a little trust busting too. The telecom industry is one I can think.

Some of us are sick of the ideas and policies that have dominated the past generation+. I know some conservatives and other business-minded people can't fathom that, but there are millions of people who think corporations are abusing society and allowing greed and lust for power to ruin what could be a good better thing. Look no further than the people Trump is stacking his administration with. That is what many, including myself, see as the "pro-business" position's ultimate conclusion: corruption and cronyism. As it stands now, the pendulum needs to swing back. There needs to be some balance to the toxic environment the GOP has left us with.
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Virginiá
Virginia
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Posts: 18,921
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Political Matrix
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« Reply #2 on: September 01, 2017, 11:16:19 AM »

Yeah, I agree. In principle Ryan is aligning himself with a consensus that the corporate tax rate is both non-credibly high compared to rest of world and consequently mostly evaded and riddled with loopholes.

Do I trust Republicans to fix the latter while also addressing the former? Nah. But I don't think Ryan's diagnosis is the kind of business coziness that Lieberman gave a bad name.

A big part of the issue from my perspective is his alignment with what he states as a "pro-business"-centric strategy for 2018, which in itself shouldn't be that much of a problem, except that decades of Republican and Democrat use of the term has basically led many, including myself, to believe that it's just more policies that give unnecessary and harmful benefits to corporations and the rich and the expense of the little guy. Personally I wouldn't have minded it much if he had mixed it in with calls to break up huge corporations whose monopoly-like power is holding progress down, and that the wealthy have to start paying in more, especially if we cut taxes on corporations. Instead, I just get the vibe that he's taking a Republican-ish tack on economic issues.

Also I can't say I am a big fan of this "gee, let's work with corporations to create nice jobs here!" talk. It sounds innocent enough, except that corporations have long held outsized sway in Washington, and if they really cared about doing that, they would have worked to accomplish it. Instead, they have time and again showed that when it comes to profits and their shareholders, American workers come dead last, at least until their jobs can be outsourced, at which point they don't fit into their model of success anywhere. It seems obvious to me at this point that it is up to the government to advocate for workers and create an environment where corporations start actually investing in their workers and not shareholders.
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