Capitalism could be hugely improved via worker representation on board of directors

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Would you support legislation to require employee representation on corporate boards?

  • Yes

  • No


Results are only viewable after voting.

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
It's not necessarily in the shareholder's best interest. It's (arguably) in the company's best interest. Those are different things. Shareholders can be short-term, wanting short-term gains by exceeding expected profits/targets, and not giving a shit about where the company will be in 20 years. This can lead to things like under-funding pensions and other long-term obligations in favor of pumping stock prices through dividends now. That's disastrous long-term, but serves share-holders who aren't in it for the long haul.

I don't know of any major company that has employee pensions any more, most contribute to the employee's 401k or similar retirement account every pay period.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
LOL typical lefty loon. Guess you waxed over the exclusion of women in their workforce, their stagnant wage system, their shunning of debt, their intolerance for lazy twats like yourself. Yes and they don't allow others to stomp into their country and demand that Germany turn itself into the very places those people left, and turn decent jobs into "jobs Germans won't do." Basically all the things lefty loon amnesty "what's a border!?" twits do to undermine our labor system.

Huh, i'm lazy? That's news to me, guess i must of inherited all my money to afford a house worth 700k rather than hard work. The way i see it, their cost of living is dirt cheap, only $120 euros a week to rent a gigantic apartment. Seems to me the 'exclusion' of women in the workplace is a result of women looking down on other women who work rather than taking care of children, based on that video, there's nothing stopping women from working there. If anything, the fact that Germans can easily raise a whole household on ONE wage earner with their high tax system basically proves the lefty point. Also, i (and most americans) work much harder than those Germans, lol, give me a fucking break, they get 5 weeks of MANDATORY vacation and they get home mid afternoon, are you fucking retarded? What the fuck are you talking about, they have lots of immigrants... 'whats a border'?

Pensions, 35 hour work weeks, 5 weeks vacation, subsidized child care, etc. (gee that sure does sound like rightwing policy right there.) all while having the 3rd largest exports in the world with only 80 million people
 
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Zaap

Diamond Member
Jun 12, 2008
7,162
424
126
If anything, the fact that Germans can easily raise a whole household on ONE wage earner with their high tax system basically proves the lefty point.
That's another thing, their taxes aren't considerably high and they don't try to operate on a tax/spend/debt up to their eyeballs economic illiterate system like leftyloons here love. Your attempts to cast Germany as the Marxist shithole your ilk pines away for is pathetic. And you surfing the Internet all day trolling forums isn't actually being more productive than them.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
That's another thing, their taxes aren't considerably high and they don't try to operate on a tax/spend/debt up to their eyeballs economic illiterate system like leftyloons here love. Your attempts to cast Germany as the Marxist shithole your ilk pines away for is pathetic. And you surfing the Internet all day trolling forums isn't actually being more productive than them.

Ok, you're basically batshit retarded. Their taxes aren't 'considerably high'? They have some of the highest income taxes in the world, they even tax their middle class higher than we tax our rich:

https://en.wikipedia.org/wiki/File:Income_Tax_Germany_2010.png

That's not even counting their 19% Value added tax. Good lord you're stupid as fuck.

What is with conservatives just spouting off nonsense that has nothing to do with reality? Colbert was right, you guys think with your gut rather than your brain, also 'reality has a well known liberal bias'.
 

Zaap

Diamond Member
Jun 12, 2008
7,162
424
126
Ok, you're basically batshit retarded. Their taxes aren't 'considerably high'? They have some of the highest income taxes in the world, they even tax their middle class higher than we tax our rich:

https://en.wikipedia.org/wiki/File:Income_Tax_Germany_2010.png

That's not even counting their 19% Value added tax. Good lord you're stupid as fuck.

What is with conservatives just spouting off nonsense that has nothing to do with reality? Colbert was right, you guys think with your gut rather than your brain, also 'reality has a well known liberal bias'.
LOL. Lefty-loons.

Germany's tax rate: 29.8% (average)

US: 0%-39% (federal) 0%-12% (state) 0%-3% (local)



Germany's individual max is: 45%

US individual max is: 55.9% (combined Fed, State, Local)


Germany's payroll tax is: 41%

US payroll tax is: 15% + 4% state/local.


German VAT taxes are from 7% to 19%.

US sales taxes are as much as 11.7%.


http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates


Taxes in Germany overall are not vastly higher than ours, and in some cases lower.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
LOL. Lefty-loons.

Germany's tax rate: 29.8% (average)

US: 0%-39% (federal) 0%-12% (state) 0%-3% (local)



Germany's individual max is: 45%

US individual max is: 55.9% (combined Fed, State, Local)


Germany's payroll tax is: 41%

US payroll tax is: 15% + 4% state/local.


German VAT taxes are from 7% to 19%.

US sales taxes are as much as 11.7%.


http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates


Taxes in Germany overall are not vastly higher than ours, and in some cases lower.

In Germany you are going to pay a lot more in taxes. That's why people like to pick and choose different aspect of the German lifestyle without taking into account everything it takes to have it. The very bottom 7% VAT Sales tax is on food items where the US doesn't have a sales tax on non-prepared foods. The 19% is basically on everything else. There isn't much you can import into Germany without getting a 30% Tax/Tariff/Duty fee. Some items are almost 50%. And while their income taxes may seem lower on paper, they do not have the tax credits, deductions and loopholes the US has that can reduce a lot of people's liability to almost zero..
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
LOL. Lefty-loons.

Germany's tax rate: 29.8% (average)

US: 0%-39% (federal) 0%-12% (state) 0%-3% (local)



Germany's individual max is: 45%

US individual max is: 55.9% (combined Fed, State, Local)


Germany's payroll tax is: 41%

US payroll tax is: 15% + 4% state/local.


German VAT taxes are from 7% to 19%.

US sales taxes are as much as 11.7%.


http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates


Taxes in Germany overall are not vastly higher than ours, and in some cases lower.

BAHAHAHAAHAH, i like how you cook the numbers, you're seriously going to use 'average tax rate' for the German taxes but give min/max tax rates for American taxes (and include state+local as if every city/town/state pays the same rates? to 'prove your point'? Jesus Christ, are you karl rove or something? I haven't seen anything so dishonest before.

You idiot fuck, you have to look at the marginal tax rates at each level:

https://en.wikipedia.org/wiki/File:Income_Tax_Germany_2010.png

If you made 50k Euroes, it looks like your top marginal rate is about 42% and your effective tax rate is about 27%

https://en.wikipedia.org/wiki/Income_tax_in_the_United_States#Effective_income_tax_rates

50k Euroes is about 68k US Dollars. Looking at the chart above the closest the $64,500 income and your effective income tax rate THAT ALSO INCLUDES PAYROLL TAXES is ONLY 12.7%

You low iq idiot bitch, if you add in Germany's payroll taxes, IT'S NOT EVEN IN THE SAME FUCKING GALAXY :

https://en.wikipedia.org/wiki/Payroll_tax#Germany
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
SPIDEYKUS07 MAD!! SPIEDYKUS07 SMASH!!!!

LOL, red faced idiot.

Oh look, my little dog is following me around now. You're just mad i win virtually every argument against you rightwing morons while you're so desperate you have to align yourself with white supremacists like Geosurface and Spatiallyaware when the going gets tough for you (which i guess would make sense since the libertarian movement is being co-opted by white supremacists)
 
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berzerker60

Golden Member
Jul 18, 2012
1,233
1
0
In Germany you are going to pay a lot more in taxes. That's why people like to pick and choose different aspect of the German lifestyle without taking into account everything it takes to have it. The very bottom 7% VAT Sales tax is on food items where the US doesn't have a sales tax on non-prepared foods. The 19% is basically on everything else. There isn't much you can import into Germany without getting a 30% Tax/Tariff/Duty fee. Some items are almost 50%. And while their income taxes may seem lower on paper, they do not have the tax credits, deductions and loopholes the US has that can reduce a lot of people's liability to almost zero..
Some of us would be happy to pay higher taxes if it meant a strong economy with a strong safety net and two months of paid vacation every year guaranteed. Personally I'd prefer it to be in the form of more progressive taxes than VAT/sales/import, but it's a compromise I'd be okay with.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Some of us would be happy to pay higher taxes if it meant a strong economy with a strong safety net and two months of paid vacation every year guaranteed. Personally I'd prefer it to be in the form of more progressive taxes than VAT/sales/import, but it's a compromise I'd be okay with.

And yet we keep electing those who promise the most cuts. Taxing stuff coming in higher would actually make US made product more attractive and that is something we desperately need although that would have to be gradual so as not to shock the economy. I think our tax system is already progressive enough, so much so that we have all but removed the bottom half from having a liability at all. If we want our safety nets, we need to pony up for it.
 

berzerker60

Golden Member
Jul 18, 2012
1,233
1
0
And yet we keep electing those who promise the most cuts. Taxing stuff coming in higher would actually make US made product more attractive and that is something we desperately need although that would have to be gradual so as not to shock the economy. I think our tax system is already progressive enough, so much so that we have all but removed the bottom half from having a liability at all. If we want our safety nets, we need to pony up for it.
It's progressive right up until you get up to the tiny fraction at the top with the vast majority of the country's wealth, then it gets especially regressive because they also have all the power and somehow feel they, 1% of the total country, do 35% of the country's work, because that's how much of the nation's income they take home and seem to think they've literally earned and have a natural right to all of it themselves. They also have enough money to convince people that tax cuts for them while raising flat/sales taxes that affect everyone is somehow a more fair way to do things.
 

Zaap

Diamond Member
Jun 12, 2008
7,162
424
126
In Germany you are going to pay a lot more in taxes. That's why people like to pick and choose different aspect of the German lifestyle without taking into account everything it takes to have it. The very bottom 7% VAT Sales tax is on food items where the US doesn't have a sales tax on non-prepared foods. The 19% is basically on everything else. There isn't much you can import into Germany without getting a 30% Tax/Tariff/Duty fee. Some items are almost 50%. And while their income taxes may seem lower on paper, they do not have the tax credits, deductions and loopholes the US has that can reduce a lot of people's liability to almost zero..
The irony is, it's the bottom 50% that'd be paying a lot more in taxes- or in many cases actually *paying* taxes in the first place as opposed to virtually none. A VAT would fall squarly on the heads of the poor. The top likely wouldn't see much of an increase at all, if not in many cases, a decrease.

Yeah sure, regressive tax and spend loons will go for that.

Also, it's one thing if you're actually getting something for the taxes you pay. Germans aren't the debt-worshiping idiots that we have here, and their government doesn't run itself on unsustainable debt.

The left are always crazy- they want everything both ways. They want high taxes- ONLY on the rich- because it's not about actually funding anything, it's about punishing someone for being successful, and pandering to the poor. They want bennies that Germans enjoy- without paying for them, in fact- just tax someone (else) more, grow government, and go even farther into debt. They always want someone else enslaved to make the cake, while they eat it.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,685
136
Geeze, wipe the spit off your mom's monitor you loon, the numbers I posted are straight from the link.

Yep, and you cherry picked them right out to serve your agenda, which is to deny the truth.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
The irony is, it's the bottom 50% that'd be paying a lot more in taxes- or in many cases actually *paying* taxes in the first place as opposed to virtually none. A VAT would fall squarly on the heads of the poor. The top likely wouldn't see much of an increase at all, if not in many cases, a decrease.

Yeah sure, regressive tax and spend loons will go for that.

Also, it's one thing if you're actually getting something for the taxes you pay. Germans aren't the debt-worshiping idiots that we have here, and their government doesn't run itself on unsustainable debt.

The left are always crazy- they want everything both ways. They want high taxes- ONLY on the rich- because it's not about actually funding anything, it's about punishing someone for being successful, and pandering to the poor. They want bennies that Germans enjoy- without paying for them, in fact- just tax someone (else) more, grow government, and go even farther into debt. They always want someone else enslaved to make the cake, while they eat it.

Oh they absolutely would pay more.
 

Veliko

Diamond Member
Feb 16, 2011
3,597
127
106
The irony is, it's the bottom 50% that'd be paying a lot more in taxes- or in many cases actually *paying* taxes in the first place as opposed to virtually none. A VAT would fall squarly on the heads of the poor. The top likely wouldn't see much of an increase at all, if not in many cases, a decrease.

Yeah sure, regressive tax and spend loons will go for that.

Also, it's one thing if you're actually getting something for the taxes you pay. Germans aren't the debt-worshiping idiots that we have here, and their government doesn't run itself on unsustainable debt.

The left are always crazy- they want everything both ways. They want high taxes- ONLY on the rich- because it's not about actually funding anything, it's about punishing someone for being successful, and pandering to the poor. They want bennies that Germans enjoy- without paying for them, in fact- just tax someone (else) more, grow government, and go even farther into debt. They always want someone else enslaved to make the cake, while they eat it.

It doesn't take much for you to go full retard, does it?
 

pcgeek11

Lifer
Jun 12, 2005
22,385
5,000
136
Hell No!

Would you support legislation to require employee representation on corporate boards?

It is NOT the governments place to legislate who is on a corp board. That is stupid.
 

piasabird

Lifer
Feb 6, 2002
17,168
60
91
I was just listening to the radio and an investment guy was talking about how his firm was choosing firms to invest in. They look for boards where there was some female board members. His research showed that boards with all males tend to take on a higher level of risk hoping for larger returns.

The average citizen knows nothing about business. Maybe the feds should just refuse to do business with any board with no female participation.
 
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