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The common sense part to me is that removing the tax breaks for companies going overseas would encourage them to stay here.
Or at least bring in more tax revenue from companies that have already gone overseas.
Its been discussed somewhat already (though largely ignored by those who defend large corporations), but there's a ton of evidence that large corporations pay little or no taxes.
You don't have to be a corporation to make millions....
The common sense to me, is Obama it taxing a lot of companies that DO make millions and create a lot of jobs... That in turn will lay people off and move companies over seas... There are probably thousands of construction companies that make over a million a year. Obamas tax plan cause these companies to lay people off because they will be taxed up the ass. Granted it's slow for them right now anyways, it will just get worse.
You don't have to be a corporation to make millions....
The common sense to me, is Obama it taxing a lot of companies that DO make millions and create a lot of jobs... That in turn will lay people off and move companies over seas... There are probably thousands of construction companies that make over a million a year. Obamas tax plan cause these companies to lay people off because they will be taxed up the ass. Granted it's slow for them right now anyways, it will just get worse.
Taxes were cut by Bush. The economy has suffered. Where is your proof that tax cuts cause a loss of jobs??? This myth has been debunked given how the Bush tax cuts did nothing to help create jobs. Total hogwash!
Taxes were cut by Bush. The economy has suffered. Where is your proof that tax cuts cause a loss of jobs??? This myth has been debunked given how the Bush tax cuts did nothing to help create jobs. Total hogwash!
There's more than taxes behind the current problems. Raising taxes has been proven to harm the economy.
Wait, didn't you hear...joe gaffe-a-minute biden lowered that figure to $150,000 yesterday...hold on to your wallets, middle class, your taxes will go through the roof if barry slinks into office. Guess taxes aren't just for the wealthy anymore.
May be if W hadn't signed the Tax-break policy for companies, fewer companies would have keep work in the US. And, we wouldn't be sitting on this mess.
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