Obama Aims To Reward Businesses That Invest In US

AP via Yahoo Finance ^ | 11 Jan 2012 | Jim Kuhnhenn

[edpc]

Obama said he'd propose tax changes in the next few weeks but he didn't provide details.

Probably because they either don't exist or haven't been fully focus group tested. The uncertainly around the full effect of Obamacare and his regulatory policies are the job killers.

[DB]

Like he did with GE?

[bopdowah]

Is Obama picking winners and losers here? You can’t help but KNOW that the winners in this game are going to be companies who cough up the most campaign cash toward Obama’s re-election.

We’ve been down this road before.

[Amagi]

Odumbo is going to pick winners and losers again? Get out of the way of the American people you ignorant commie dirt bag piece of crap.

[FlingWingFlyer]

This year, "BIG business" is good!!!

There's a BIG election coming up doncha know.

[bgill]

How about he pack up his angry wife and head back to the mother land.

[VeniVidiVici]

Right. He’ll eliminate tax breaks for companies that don’t “bring jobs back”.

He’ll also raise taxes on those that do. Just a little less.

That’s why there are no specifics.

[JRandomFreeper]

He can propose all he likes. But all bills relating to revenue must come from the House of Representatives.

/johnny

[Pining_4_TX]

Government interference in the market always fails. When will people figure this out? All over the country we have states, cities, and towns engaged in so-called economic development that is nothing more than Soviet-style planning with a Chamber of Commerce face.

I’ve posted this link before, but it bears repeating:

http://www.thefreemanonline.org/columns/our-economic-past-subsidies-hurt-recipients-too/

[circlecity]

I guarantee this will be just another scam designed to funnel taxpayer money to his cronies and financial backers and to punish his enemies.

[aMorePerfectUnion]

It’s too late. Capital is fleeing our country - including much of my own.
Next business will be outside the country...

[rod1]

Yep. A classic shakedown.

[nhwingut]

President Barack Obama said Wednesday he wants to reward companies that invest in America Obama's re-election campaign and eliminate tax breaks for companies that don't.

Fixed it.

[fhayek]

He’ll also raise taxes on those that do. Just a little less.

Unless they make a contribution to the DNC to secure a "waiver".

[BitWielder1]

Again he believes nothing happens without him saying so.
How about giving EVERY company a tax break? Forever.
That should get things rolling.

[italianquaker]

As long as they are not run by white irish catholics they will get a tax credit I guess

[weeweed]

Yeah, like Petrobras.....

[edpc]

Brassieres made from oil? Interesting.

[WilliamofCarmichael]

President Barack Obama said Wednesday he wants to reward companies that invest in America and eliminate tax breaks for companies that don't

Protectionist!

(That's what "free traders" used to yell at anyone who opposed sending "buggy-whip" jobs to China.)

Though New Democrat, Third Way progressives also favor "free trade" the establishment Republicans had better be able to 'splain why they support offshoring production of goods and services.

[ml/nj]

Obama Aims To Reward Businesses That Invest In US

... with free mental exams for their financial officers.

ML/NJ