Posted on 08/31/2014 11:39:22 AM PDT by upchuck
Edited on 08/31/2014 11:40:46 AM PDT by Admin Moderator. [history]
The Obama administration is highly exercised about
(Excerpt) Read more at amarillo.com ...
How do you prove motivation? Lie detectors?
Waterboarding.
These socialists weep at night over every dollar that escapes their grasp.
You a bet they’re working on a strategy to combat this crisis.
I believe the GOP needs (badly) to be the party to say enough with sending American companies overseas, and to take the lead to bring back American businesses.
This is a minority position, but growing.
Bring back US businesses.
No one leaves da family. Dat’s da Chicago way.
I heard nobama's quote on the radio. I do remember him ranting about eliminating loop holes. I DO NOT remember him saying anything about lowering rates.
I heard this quote during the news, on Herman Cain's program and on Rush's program. Both Herman and Rush criticized nobama for emphasizing the wrong thing, eliminating loop holes, and for not emphasizing the right approach, lowering corporate income tax rates.
In fact, one of them, don't remember who, said that corporate rates should be zero and what a boon that would be to the US economy. Companies would be moving here to escape onerous rates at home.
Bring back US businesses with the tax code changed so they can compete globally.
Business should not exist just to be big government’s cash cow.
Corporate taxes in this country are a disgrace and anti - business.
Chuck the Schmuck file a bill to raise will raise the exit tax, um, fee (he’s in the Senate, after all. Unless John Roberts perverts the Constitution again), to 110% of the value of the company.
Yep. And their solution, like most central government solutions, will only make things worse. If the government forbids companies from moving overseas, new companies will just locate overseas in the first place.
This is just another variation of that old fascist policy: The beatings will continue until morale improves.
BS....... we live in a global economy with laws that protect commerce and trade. To return to the isolationist ideals of nearly a hundred years ago is ludicrous.
American business is not gone, it is involved all over the world. To do as you want would bankrupt the country by destroying uncountable jobs.
A better way to raise revenue would be to remove all the welfare tax laws that protect the income of those that pay no tax at all. They have no stake in the nation, no skin in the game. Of course a still better way is to junk the tax code and start over.
Most people don't remember that, about 30 years ago, the US had lower corporate tax rates (and overall government expenditures) than most other countries. We were proud of how well we were doing, and recommended that other companies copy our policies. They did for corporate tax rates (although this didn't affect overall European spending), while our government greedily went in the other direction as our welfare state expanded.
Obama should discuss this with his buddy Warren Buffett. He’s the guy that says rich people should pay more taxes. And he’s the guy that advised Burger King in this latest inversion deal.
minor typo: I meant “other countries” copy our policies, rather than “other companies”. Apologies for the auto-pilot typo error.
That country of 30 years ago longer exists. It’s not coming back with these demographics.....
I'm all for that.
It's all about money. US businesses will return when it's advantageou$ for them to do so. That's why they left in the first place.
Am I wrong here?
Amen to that.
YES, they are. They are also a hallmark of the Democrats.
American voters voted in the Democrats TWICE for eight long years.
I agree, but it’s good to remember how we got here.
The corporate tax debate these days is argued on odd grounds... economic patriotism (the last resort of envious socialist scoundrels), or faux arguments of domestic fairness.
To a dyed-in-the-wool Marxist like Obama, every, single penny that doesn’t cross his palm is a penny wasted.
He resents like poison these businesses escaping his claws and won’t rest until they’re brought under his control, even if he has to destroy them to do it.
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