Ex post facto?
Building an electronic, IRS-enforced, American financial BERLIN WALL..!
Didn’t Lord Foul already fix everything with his shovels full of B.S. ready jobs years ago? Is he saying that in the last six years of his stewardship the countries infrastructure has gone to hell?
six-year, $478 billion public works program
Someone tell Obama he has less than 2 years ,then out on his ears
14 percent on accumulated profits is outrageous, because these companies may no longer have the cash. They may have invested it overseas, because the US business environment is so heavily taxed and regulated.
As an investor, I’d urge the companies I hold shares in to get out of here. Obama’s fostering fascist behavior... where the government sucks all the juice out of the ostensibly privately owned enterprises, and directs their activities thruough law and regulation.
He just can’t stand the thought of anybody making a profit unless he gets his “fair share”.
Nonsense. Nothing this idiot says is to be believed...
How does he have billions at his disposal to give to Qatar to bail a TRAITOR.... where is that in the budget? Where is the billions for the “ebola army”? If the repubs go for this they are DUPES... Where does the gas tax go...and dont tell me it all goes to roads....
LETS TAKE DOLLAR FOR DOLLAR OUT OF EBT / SNAP AND OBAMAPHONES AND GIVE THOSE PEOPLE A JOB FIXING ROADS.... ALTHOUGH MOST ARE PROBABLY ONLY CAPABLE OF HOLDING A STOP SIGN AND THEY WOUDL PROBABLY F THAT UP TOO.
Just another tax on business that they will, in turn, pass on to consumers through higher prices for goods and services. I think Ozero should tax unions and use that money for roads and bridges.
Where’s the “bring back jobs now, just sayin’” guy?
If the Constitution is to be believed, let alone followed, this proposal should be DOA...if it raises revenue, and didn’t originate in the House Of Representatives, then it is illegal on its’ face.
Didn’t we do this already?
Economic idiots assume raising tax rates on capitol gains will increase capitol gains, “bring in far more over the longer term”. Raising taxes decreases economic activity, so really bad judgement is at work here, the con is public works is going to get better funding.
And “Obama’s tax increases and spending cuts would cut the deficit by about $1.8 trillion over the next decade, according to people briefed on the basics of the plan”. 18 trillion dollar debt and we’re supposed to trust ‘people briefed’ by the same bunch that were saying if you like your plan you can keep it...no thanks.
Stupid plan by a stupid communist.
Why should corp’s. have to pay US tax on money they didn’t make here. That is why they left in the first place.
What happened to the $600 billion stimulus that was supposed to take care of all that and create shovel ready jobs? Hmmmmm!
If I’m a CEO of a multinational and this a-wipe decides to retroactively raid me, I tell him, come and get me. My HQ is in Beijing. Y’all bring guns, now, k?
“President Barack Obama’s budget will propose an ambitious six-year, $478 billion public works program”
Another “5 year plan” for the communist.
Fat chance.
“...half of it financed with a one-time mandatory tax...”
“One time.” Yeah, sure. I’d buy THAT for a dollar!
If this happens, then watch many companies move overseas.
There go the jobs!