AT&T to cut employee benefits due to $1B tax increase.

[SamuelRSmith]

NinjaguyDan said:

mrstickball said:

NinjaguyDan said:

TheRealMafoo said:

http://money.cnn.com/2010/03/26/news/companies/att/index.htm

http://online.wsj.com/article/SB10001424052748704100604575145981713658608.html

And so it begins.

Which is why we need to elect people who will regulate those mutherfuckers.

Could you elaborate, please?

Oh, sorry.  I meant: REREGULATE THOSE MUTHERFUCKERS.

I watched the fall of the US as an economic Super Power in realtime.  It started with Reagan, the granddaddy of the neocons.

Do you know what a tarriff is?  It's a tax on imports.

Say, a pair of tennis shoes costs $.90 to manufacture in the US, but they cost $.10 to make elsewhere, an $.80 tax would be levied on all tennis shoes imported.  Ronald Dickhead Reagan, with a compliant congress, did away with that protection. End result: China pwns the USA.

DON'T even get me started on usury laws. (I MEAN IT!)

You do realise that a tax on imports (a tariff) is essentially a tax on exports, right?