Comments on: Obama’s Corporate Tax Plan Would Cut Rates, Eliminate Loopholes

By: wheresmymoney

wheresmymoney — Thu, 23 Feb 2012 15:20:28 +0000

“We want to restore a system in which American businesses succeed or fail based on the products they make and the services they provide, not on the creativity of their tax engineers or the lobbyists they hire,” Treasury Secretary Timothy Geithner told reporters today.

Then why is Obama still giving tax breaks to “green” companies in this plan? Because HE wants to pick the winners and losers once again. I WISH we had good journalists.

By: Yep I said that

Yep I said that — Thu, 23 Feb 2012 15:13:41 +0000

Bankruptcy judge approves SOLYNDRA bonuses…

Obama smiling this morning after blowing $535,000 of taxpayer money on his friends adn they still get taxpayer bonuses

OBAMA_____VS_____AMERICA

By: Lizzie

Lizzie — Thu, 23 Feb 2012 14:08:32 +0000

Mike, is that why Buffet makes sure he gets his in capital gains and not as salary.

By: Lizzie

Lizzie — Thu, 23 Feb 2012 14:06:32 +0000

POSTED BY: BETTY | FEBRUARY 22, 2012, 10:25 PM 10:25 PM, you forget that the rest of us paid 50%, is that what you want??

By: Noz

Noz — Thu, 23 Feb 2012 12:54:20 +0000

Simpson and Bowles said that the tax rate should be 26% which is still a bit high 24% would be good. I wonder why Obama went high with his 28% rate.
Simpson and Bowles also said we needed to cut the federal work force by 10% which after NoBo’s increases should be 11 to 12%. They also said a reduction in entitlements was necessary.

Does Barry’s Tax Plan deal with these issues?

By: Douglas

Douglas — Thu, 23 Feb 2012 10:14:50 +0000

Oh my Betty. Sarah’s got it right.

By: Todd

Todd — Thu, 23 Feb 2012 09:28:48 +0000

This is for campaigning only, Obama knows it will never pass. The best thing to do would be to overhaul the entire tax structure and simplify it not to keep tweaking it.

By: Larry

Larry — Thu, 23 Feb 2012 07:40:12 +0000

Posted by: Ted | February 23, 2012, 1:17 am 1:17 am

Pretty sure you don’t make major changes to tax structures in the middle of a Great Recession. Now that the economy has been improving its’ a better time to address it.

By: Ted

Ted — Thu, 23 Feb 2012 06:17:32 +0000

Note to Obama, you’ve been President for 3+ years and NOW you’re talking about an unfair corp tax rate? Hello! Is it possible that he’s just campaigning and playing politics with this……nah. He acts like he’s not President yet….no accountablity and full of new ideas now in the final hour. Sad.

By: Betty

Betty — Thu, 23 Feb 2012 04:30:02 +0000

“I think it’s the most blatantly dishonest performance by a presidential candidate I’ve ever seen,” Newt Gingrich on Mitt Romney, January 27, 2012.

Even the Republicans can’t stand other Republicans.