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don't understand what subsidies are you talking about. I think loop hole are subsidies and i am for get rid of loop hole!!!! what other type of subsidies are you talking about.
The proposal mentions cutting corporate subsidies, and did not give a list of which ones, as it also did not give a list of which particular loop-holes would be cut. It simply said subsidies and loop-holes.
Dude, if you don't want to cut the rate, why don't you just say that you are just fine with 35%, as long as the few and the select get their subsidies and loop-holes, and screw the rest.
I am tired of seeing socialists who think they are some kind of conservatives cry year after year about the 35% rate, but when someone proposes to cut it they say "well, let's not cut it because it's not really 35% because of subsidies and loop-holes bring it down'.
If you are going to make a stand to defend subsidies, why don't you just admit that you are a socialist. Be what you are.
Un-freaking-real.
I want a real tax cut and this is not at all a real tax cut. you are just looking at the tax cut . what you are failing to see is the other side. the other side is a whole new, brand new tax never before seen by companies and is higher then the tax cuts they got on the other side. I thuoght liberal were smart!!!
I want a real tax cut and this is not at all a real tax cut. you are just looking at the tax cut . what you are failing to see is the other side. the other side is a whole new, brand new tax never before seen by companies and is higher then the tax cuts they got on the other side. I thuoght liberal were smart!!!
Why don't you just say it: you want a tax cut and you also want to keep the corporate subsidies. How would you pay for it? I thought closet socialists like you were smart. Well.....no, actually I didn't, - this is pretty much what I expected.
Last edited by Finn_Jarber; 02-23-2012 at 07:24 AM..
Why don't you just say it: you want a tax cut and you also want to keep the corporate subsidies. How would you pay for it? I thought closet socialists like you were smart. Well.....no, actually I didn't, - this is pretty miuch what I expected.
ok you can have corp. subsidies, and loop hole.i don't want the government giving anything away to corp.nothing at all. now taxes is a whole different thing, there the government is not giving anything away but rather taking money away from the corp. what i am trying to say to you is Obama's tax cut IS NOT A TAX CUT!!!it increases the amount of money that will be collected from corp. NO DOUBT ABOUT THAT!!!!
ok you can have corp. subsidies, and loop hole.i don't want the government giving anything away to corp.nothing at all. now taxes is a whole different thing, there the government is not giving anything away but rather taking money away from the corp. what i am trying to say to you is Obama's tax cut IS NOT A TAX CUT!!!it increases the amount of money that will be collected from corp. NO DOUBT ABOUT THAT!!!!
For most, it is exactly what it sounds like: a tax cut from 35% to 28%. If some companies lose corporate subsidies, and would not save as much as before, then that's too bad. Hopefully the lower rate balances it out for them as much as possible. Companies like GE who didn't pay any tax, this will seem like a tax hike, but so what? Does it make sense that they don't pay any tax? I don't think it makes any sense to defend a tax system which allows some select companies to get away without paying any tax.
If the lower rate doesn't balance it out, then they could consider bringing some of their business back to US where taxes are lower. I think everyone would agree it is best to get rid of socialist subsidies which are designed to benefit some, and not others? I know GOP used to agree with that, as they have been talking about it for years.
close loop hole yes, il give you that. but no matter how you look at it. it is a tax hike! no other way to see it!!!
Not for those who weren't able to take advantage of those loop holes. You surely don't believe that people claiming the USA as having one of the highest corporate tax rates at 35% were grossly misinformed or misrepresenting the realities, blatant liars. Do you?
Take your whining about GE, for example. You complained about GE not paying anything in taxes and taking advantage of loop holes. Now you're complaining about taking some of those loop holes away so they might end up paying some in taxes. Make up your mind what you're for.
LOL. You don't have to be liberal to see hypocrisy. I am not liberal, and I find this outrageous. For years the GOP has been pushing for these same measures, and worshipping Reagan for doing these exact things, but now that a Dems wants to do the same, the GOP opposes it and circles their wagons to defend corporate subsidies and loop-holes. It's not even funny. A bunch of raving socialist.
Cut the tax, get rid of the subsidies, and remove loop-holes. I won't vote for Obama in November, but I vote YES on this one.
GOP never pushed for taxing of foreign profits made by american companies who derive profits from foreign sales
Since corporate tax cuts have been a part of the Republican platform for a long time, it'll be interesting to see what kinds of contortions they'll go through to oppose this.
And, they HAVE to oppose it because it's Obama's idea.
We don't know if it's really a corporate tax cut until the CBO weighs in on the total impact.
Not for those who weren't able to take advantage of those loop holes. You surely don't believe that people claiming the USA as having one of the highest corporate tax rates at 35% were grossly misinformed or misrepresenting the realities, blatant liars. Do you?
Take your whining about GE, for example. You complained about GE not paying anything in taxes and taking advantage of loop holes. Now you're complaining about taking some of those loop holes away so they might end up paying some in taxes. Make up your mind what you're for.
i have always been for closing loop hole for everyone. evry business every company evry corp. should stand on its own. with no money from the government. no special treatment for no reason at all !they pay a tax rate that s fair and the end of. flat tax would work great for corp.
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