Where's Your Corporate Income Tax Reform Plan, Mr. President? [Obama Has No Plan.]

ATR ^ | 2011-01-26 | Ryan Ellis

[92nina]

...A hope, an aspiration, a goal is not the same thing as a plan.

The White House now has an obligation to come up with their plan for corporate income tax reform, and we look forward to seeing it. We hope it maintains the following principles:

1. The rate needs to come down--way down. Our 40 percent rate is much higher than the average European rate of 25 percent. Ideally, we'd want to be under that in order to attract jobs and capital from the rest of the world
2. Don't raise taxes. The President has argued this should be a tax revenue-neutral exercise. While we would prefer a net tax cut (at least on paper in a static score), revenue-neutrality should be the worst revenue case. This should not be an excuse to raise net taxes (like the President's Debt Commission did)...

Read more: http://www.atr.org/wheres-corporate-income-tax-reform-plan-a5796#ixzz1CGyQBrZL

[92nina]

More vague hopes from the president.

[NoLibZone]

Other than HUGE tax breaks to help corporations owned by the UAW , he doesn’t have one.

Obama gave a 50 billion dollar tax break to GM.

Yes they admit that tax breaks create jobs.

[screaminsunshine]

To have a plan you first need a brain.

[bigoil]

President Sarah Palin will knock the corporate income tax rate down to 5%.

And that ain’t no bull.