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Obama's Global Tax Raid
Wall Street Journal ^ | May 6, 2009 | Wall Street Journal

Posted on 05/06/2009 4:51:15 AM PDT by libstripper

President Obama revealed Monday that he's half a supply-sider. If only someone could explain to him the other half. We have a tax code, the President said, "that says you should pay lower taxes if you create a job in Bangalore, India, than if you create one in Buffalo, New York." That sounds like a great argument for lowering taxes on the guy creating jobs in Buffalo. Alas, that's not what he has in mind.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: businesstaxes; corporateincometax; multinationals; obama; taxes; taxincreases
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To: Daveinyork

By buying stuff in China, you will reduce your standard of living in the end...communist are much worse then union-if you can’t see that...there is nothing more to say.


21 posted on 05/06/2009 1:09:21 PM PDT by nyconse (When you buy something, make an investment in your country. Buy Amrican or bye bye America)
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To: Daveinyork

Really, well since the jobs are gone and my 401K is on life support...I don’t care. As for pensions...no one is going to get pensions anyway. Let these traitors leave, but make them leave for good...no American protections for them...let them live as citizens where they do business.


22 posted on 05/06/2009 1:11:09 PM PDT by nyconse (When you buy something, make an investment in your country. Buy Amrican or bye bye America)
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To: Daveinyork

We have very little industrial base actually...none of it is doing well. Check it out the figures are widely available online. You are kidding yourself...you want to believe that by buying cheap foreign goods to support your lifestyle it really does not hurt the country and manufacturing, but it does. In the end it will hurt all Americans...white collar jobs are leaving also...what jobs are left for Americans?


23 posted on 05/06/2009 1:13:28 PM PDT by nyconse (When you buy something, make an investment in your country. Buy Amrican or bye bye America)
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To: nyconse

With what the politicians of both parties and the bureaucrats that they hire have been doing to this country for two generations, and what the unions have been doing to it for longer, I won’t be made to feel guilty for saving money that I work hard to earn. My cheapskate living is the least of our problems, and I won’t lower my standard of living by paying more for the same items, and then have to curtail spending for other items. You are free to do so. You can even call yourself a conservative, if you want. I won’t call you one. I’d call you a big government, whining, bleeding heart liberal


24 posted on 05/06/2009 2:37:34 PM PDT by Daveinyork
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To: nyconse

“let them live as citizens where they do business.”

Yeah, what the heck. Send all the jobs overseas, right?


25 posted on 05/06/2009 2:39:43 PM PDT by Daveinyork
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To: nyconse

“We have very little industrial base actually...none of it is doing well. Check it out the figures are widely available online.”

do you believe everything you read online?


26 posted on 05/06/2009 2:42:10 PM PDT by Daveinyork
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