User Tag List

+ Reply to Thread
Page 1 of 3 123 LastLast
Results 1 to 10 of 28

Thread: Obama to Unveil Corporate Tax Plan

  1. #1
    Original Ranter
    Points: 83,174, Level: 70
    Level completed: 31%, Points required for next Level: 1,676
    Overall activity: 7.0%
    Achievements:
    Social1 year registeredTagger Second Class50000 Experience PointsYour first Group
    Conley's Avatar Senior Member
    Karma
    7385
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    83,174
    Level
    70
    Thanks Given
    4,582
    Thanked 2,491x in 2,002 Posts
    Mentioned
    227 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    99

    Obama to Unveil Corporate Tax Plan

    The Treasury Department will unveil President Barack Obama's corporate tax reform plan on Wednesday, senior administration officials told CNN.

    Treasury Secretary Tim Geithner told a Senate panel last week the plan will be an effort to find "common ground" on broad principles between Republicans and Democrats on Capitol Hill.

    "We want to maximize the chance we can take advantage of that (common ground) to build consensus on something that's going to work," Geithner told the Senate Finance Committee.

    The Obama administration has been talking about unveiling a plan to fix the corporate tax system for well over a year.

    Senior administration officials Tuesday would not provide details of the president's plan. They said it will be consistent with his commitment to fairness and the message he laid out in the State of the Union address.

    In the State of the Union address and in subsequent speeches, Obama has called for ending tax breaks for companies that outsource jobs overseas and lowering rates for U.S. businesses that create jobs at home.

    http://www.cnn.com/2012/02/21/politi...xes/index.html

    Sorry, I'm just not buying it. Obama is only proposing this to get mileage for his reelection campaign. When it invariably fails or they hammer out some "compromise" that isn't remotely effective, Obama will then blame the Republicans. In the meantime he will keep working for G.E. and the others.

  2. #2
    Original Ranter
    Points: 82,214, Level: 69
    Level completed: 91%, Points required for next Level: 236
    Overall activity: 0%
    Achievements:
    SocialRecommendation Second Class1 year registeredOverdriveTagger First Class50000 Experience Points
    MMC's Avatar Banned
    Karma
    2528
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    22,709
    Points
    82,214
    Level
    69
    Thanks Given
    3,227
    Thanked 1,662x in 1,465 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    0
    Senior administration officials Tuesday would not provide details of the president's plan. They said it will be consistent with his commitment to fairness and the message he laid out in the State of the Union address.....snip~

    The Buffet Plan.....30% right? I think he pronounces it Buff-fey.

  3. #3
    Original Ranter
    Points: 83,174, Level: 70
    Level completed: 31%, Points required for next Level: 1,676
    Overall activity: 7.0%
    Achievements:
    Social1 year registeredTagger Second Class50000 Experience PointsYour first Group
    Conley's Avatar Senior Member
    Karma
    7385
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    83,174
    Level
    70
    Thanks Given
    4,582
    Thanked 2,491x in 2,002 Posts
    Mentioned
    227 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    99
    All you can eat for $35,000 a plate, that's how Obama's dinners have been going lately.

  4. #4

    tPF Moderator
    Original Ranter
    V.I.P
    Points: 222,162, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 100.0%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Discussion Ender
    Peter1469's Avatar Moderator Representative
    Karma
    49662
    Join Date
    Jun 2011
    Location
    Northern VA
    Posts
    47,509
    Points
    222,162
    Level
    100
    Thanks Given
    20,680
    Thanked 15,135x in 11,060 Posts
    Mentioned
    993 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    547
    Just remember that we pay corporate taxes.

  5. #5
    Original Ranter
    Points: 82,214, Level: 69
    Level completed: 91%, Points required for next Level: 236
    Overall activity: 0%
    Achievements:
    SocialRecommendation Second Class1 year registeredOverdriveTagger First Class50000 Experience Points
    MMC's Avatar Banned
    Karma
    2528
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    22,709
    Points
    82,214
    Level
    69
    Thanks Given
    3,227
    Thanked 1,662x in 1,465 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    0
    Quote Originally Posted by Conley View Post
    All you can eat for $35,000 a plate, that's how Obama's dinners have been going lately.

    One things for sure if I am an Obama Donor at that much for a dinner. My azz is going home with the plate, silverware, glasses, and the fricken table cloth that is on the table.

  6. The Following User Says Thank You to MMC For This Useful Post:

    wingrider (02-21-2012)

  7. #6
    Original Ranter
    Points: 15,393, Level: 29
    Level completed: 95%, Points required for next Level: 57
    Overall activity: 2.0%
    Achievements:
    SocialRecommendation Second Class1 year registered10000 Experience Points
    wingrider's Avatar Senior Member
    Karma
    1262
    Join Date
    Jul 2011
    Posts
    4,132
    Points
    15,393
    Level
    29
    Thanks Given
    1,473
    Thanked 787x in 645 Posts
    Mentioned
    28 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    20
    Quote Originally Posted by Peter1469 View Post
    Just remember that we pay corporate taxes.
    you are right on that score.. Corpaorations do not pay taxes period..any thing they have to pay is immediatly passed on the their consumers,, that means you and I and everyone else that buys their products.. so by increasing the Corp tax it is in effect a tax on consumers.
    The eastern world, it is exploding, violence flaring bullets loading. you are old enough to kill , but not for voting, this whole crazy world is just to frustrating, and you tell me over and over and over again my friend, you don't believe we are on the EVE of DESTRUCTION.


    Never approach a bull from the front, A horse from behind, or a fool from any direction.

  8. #7
    Original Ranter
    Points: 15,393, Level: 29
    Level completed: 95%, Points required for next Level: 57
    Overall activity: 2.0%
    Achievements:
    SocialRecommendation Second Class1 year registered10000 Experience Points
    wingrider's Avatar Senior Member
    Karma
    1262
    Join Date
    Jul 2011
    Posts
    4,132
    Points
    15,393
    Level
    29
    Thanks Given
    1,473
    Thanked 787x in 645 Posts
    Mentioned
    28 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    20
    Quote Originally Posted by MMC View Post
    One things for sure if I am an Obama Donor at that much for a dinner. My azz is going home with the plate, silverware, glasses, and the fricken table cloth that is on the table.

    lmao ..................
    The eastern world, it is exploding, violence flaring bullets loading. you are old enough to kill , but not for voting, this whole crazy world is just to frustrating, and you tell me over and over and over again my friend, you don't believe we are on the EVE of DESTRUCTION.


    Never approach a bull from the front, A horse from behind, or a fool from any direction.

  9. #8
    Original Ranter
    Points: 82,214, Level: 69
    Level completed: 91%, Points required for next Level: 236
    Overall activity: 0%
    Achievements:
    SocialRecommendation Second Class1 year registeredOverdriveTagger First Class50000 Experience Points
    MMC's Avatar Banned
    Karma
    2528
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    22,709
    Points
    82,214
    Level
    69
    Thanks Given
    3,227
    Thanked 1,662x in 1,465 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    0
    I heard this morning he wants to drop the corporate tax down to 26-28%. Under the 30% it is now. Says Republicans should agree with this.

  10. #9
    Original Ranter
    Points: 83,174, Level: 70
    Level completed: 31%, Points required for next Level: 1,676
    Overall activity: 7.0%
    Achievements:
    Social1 year registeredTagger Second Class50000 Experience PointsYour first Group
    Conley's Avatar Senior Member
    Karma
    7385
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    83,174
    Level
    70
    Thanks Given
    4,582
    Thanked 2,491x in 2,002 Posts
    Mentioned
    227 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    99
    Quote Originally Posted by MMC View Post
    I heard this morning he wants to drop the corporate tax down to 26-28%. Under the 30% it is now. Says Republicans should agree with this.
    Hmm interesting. Along with that small drop I wonder if he is proposing closing any loopholes?

  11. #10
    Original Ranter
    Points: 83,174, Level: 70
    Level completed: 31%, Points required for next Level: 1,676
    Overall activity: 7.0%
    Achievements:
    Social1 year registeredTagger Second Class50000 Experience PointsYour first Group
    Conley's Avatar Senior Member
    Karma
    7385
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    83,174
    Level
    70
    Thanks Given
    4,582
    Thanked 2,491x in 2,002 Posts
    Mentioned
    227 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    99
    Quote Originally Posted by Peter1469 View Post
    Just remember that we pay corporate taxes.
    Well by that argument, do you propose eliminating corporate taxes altogether?

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts


Forum Topsite Critical Acclaim
Single Sign On provided by vBSSO