Pres. Obama vs Tax Loopholes

[Vampyr]

Originally Posted by Professor S

Perhaps thats your take on it from a social/media justice perspective, but the rule of law right now still runs on innocent until proven guilty beyond a shadow of a doubt. If this new action is taken, we will have rewritten the way out legal system works regarding the accused.

Unless I'm mistaken, you only have to be proved guilty 'beyond a shadow of a doubt' (unanimous jury) in murder and aggravated murder cases.

But I'm a little confused as to how this makes people guilty until proven innocent. What exactly does it mean for the 'burden of proof to be shifted to individuals'? It sounds like something that is a common practice in more areas than just the IRS - auditing. Where you take a sample from a group and ask them to provide proof that what they said was true. It's used to prevent people from cheating the government. It isn't fair for the people that it happens to, especially when it happens multiple years in a row - but I can't think of a better way to prevent people from gaming an already gamed system. This happens when applying for college financial aid too.

I agree that countries are going to have to start competing for businesses. Unemployment rate in the US is probably going to be hitting double digits in the next year or so.

I'm not a fan of upholding rules or laws for the sake of upholding them - I actually hate that. An unjust law is not a law at all. But I think the bigger picture of closing these loopholes is because currently it provides incentives for companies to move their jobs and profits somewhere that is not here - in order to avoid the higher taxes.

It would be nice if everything wasn't about making a dime, and people would shut up and pay their taxes. But companies have a responsibility to their investors to make the biggest profits possible.

But I believe that America may actually be on the track to producing more jobs that simply can't be outsourced. Our economy and businesses are based in the service industry. Saying 'service' implies things like restaurants and hotels, but it is actually encompassing more and more jobs that require a college degree. Teachers, social workers, software developers, engineers, etc, etc. You may be thinking 'wait, engineers or software developers can be outsourced - all they really do is make things', but that would be incorrect. Despite new communication technologies, companies who previously tried to outsource these jobs and now in sourcing them back. Quality is a huge factor in these industries, and you get more of that in America.

What is happening here is that the middle generation is getting screwed. The people who were told college was an option instead of a requirement when they were in high school 15+ years ago, and the only people who went were those who felt it was 'right for them,' which was totally legitimate at the time. But the world moved very quickly - the jobs you can have without a college degree are being outsourced. In the future these jobs will all be replaced by emerging industries that require degrees and where quality of the product or service is most important. These days not only is a 4 year degree a requirement, but soon an additional masters degree will be considered mandatory.

This is why I think such a huge focus needs to be put into education. Not only government aid in the form of dollars for students, but I think the price of college has become a scam. It's something we pay for because unless we are blessed with the talent to avoid college, we have to go. Government regulation to control the outrageous fluctuation of the price of going to a public university would be nice.