GE and other corporations have been getting tax breaks long before Obama became president.
So, are you claiming that GE isn't getting sudsidized for their green energy projects? Do you oppose subsidizing green energy projects?
We didn't? So, tell us, if you please, how the economy went into the crapper before Reagan/Bush became presidents. Can't wait to hear this.
Do I support tax breaks for companies that promote an alternative to our war for oil program we've had going for 40 years since we passed peak oil in this country? You bet the last of your cheap oil I do!
Read up on the cost of the Vietnam war and the effect of the oil embargo. But even then, our national debt was manageable and the middle class had a higher standard of living than today. It has declined over the last 30 years of Reagonomics, what Bush the First referred to as Voodoo Economics!
Well, you asked for it...you got it. What are you crying about?
I just graduated college and I work in tax right now. I don't have my cpa yet... This year I have to say, I feel like I am ripping off the IRS every single day. I helped a client/business owner get a 1,000 refund, and they would have owed over 1,000 dollars... I am still working on their return, and they are looking for more deductions and receipts so the refund amount will go up more. I think I can get it over 3,000 easily... and it's a lot of mileage deductions, small receipt items, and depreciation... anything that I can depreciate, small items, furniture, etc.
It's legal, but it doesn't feel right...
I think any decent CPA knows how to do that stuff... Again, I am just a first year tax accountant so I am not that experienced. The tax code is messed up and full of "loopholes."
And those with cash will be able to work them holes all day and all night; like Kerry with his yacht.
The tax code should be scrapped and simplified. Fair... Sales... Flat... and it should be so simple the tax form would be no bigger than a postcard. Of course you would lose your job. Are you ready for that? Just curious?
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No serious candidate is proposing a regressive flat ("Fair") tax, so it is a moot point.
Actually I think you have it backwards here. The tax code is the opposite of pro business. These companies are obviously investing large amounts of money just to avoid taxes, that is not the way it should be. That is why all of these large companies are OFFSHORING their profits. They do not want to bring the profits to the US because then they will face one of the highest tax rates on corporate profits in the world.
It's quite amazing, isn't it? While they attack teachers for making $50k and having good benefits, they'll graze over this like it didn't happen. It goes against what they have been indoctrinated with as they watch Fox News and listen to conservatives talk radio. Wouldn't you find it hard to believe as well if every day of your life you get it hammered home that liberals are all socialist idiots who want nothing more than to take your paycheck?
I saw a clip when a lady said feeding a family on something like $200k a year was near the poverty line (as in raising taxes on them would cripple them) and then the very same lady said teachers were living a lavish life. These people are hard to reason with, obviously (I believe the easiest way to find those clips is on the Daily Show episode about the strikes in WI). Go figure she worked for Fox News.
Media Matters, the George Soros-backed legion of liberal agit-prop shock troops based in the nation's capital, has declared war on Fox News, and in the process quite possibly stepped across the line of legality.
David Brock, MM's founder, was quoted Saturday by Politico promising that his organization is mounting "guerrila warfare and sabotage" against Fox News, which he said "is not a news organization. It is the de facto leader of the GOP, and it is long past time that it is treated as such by the media, elected officials and the public.”
Is Media Matters breaking the law in its 'war' on Fox News? | Mark Tapscott | Beltway Confidential | Washington Examiner
Either way, as I have said in the past, reclaiming taxes that are avoided by the rich, and making them pay back taxes, plus letting the Bush tax cuts lapse would account for a great portion of this deficit. They'd rather cut funding to every good program we have because they are crazy, but whatever. Personally, I like having clean water, I like having highways, and I like having an education system.
It really is quite stunning, that a poster, any poster in here can open a three paragraph rant with the basic message that conservatives do little more than trumpet talk radio, and FOXNews pundits, while at the same time making his argument as if it driveled off the lips of Cris Matthews. :lamo
Oh no, another person that gets their news from a quasi satirical faux news comedy show. I suppose this doesn't play into your hatred for FOX does it?
Yet instead of critical thinking, and you questioning anything that goes against what you find sophomorically funny on the Daily Show, and yet another talking point pap comment, you lap it up and accuse the other side of being sheep....You have learned Allensky well son.
"Reclaiming" Just who's money do you think you are talking about here?
j-mac
I have no problems with targeted tax cuts that actually help our economy. What I am opposed to is continued across the board tax cuts for the wealthy whether they are creating jobs or not.
That just increases the national debt for which you and I and the rest of the middle class are responsible for.
You just contradicted yourself.
Government spending creates debt, not tax cuts.
It would only seem that way to those who foolishly believe that all rich people that gets tax cuts have been creating jobs. We have 30 years of experience to demonstrate that is not so.
The unfunded tax cuts increase our debt the same as any other spending, and it is not realistic that we can address our debt unless we address all unnecessary spending including the unfunded tax cuts to the rich.
You realize that when bog businesses get across the board tax cuts, those same tax cuts apply to small businesses, as well; and vice versa when taxes are raised?
In that case, we need to start making the people who never pay taxes kick in and anty up.
That is why Obama proposed extending tax cuts to small businesses and to discontinue the across the board tax cuts for those that are wealthy and are not creating jobs.
I don't know anyone that works that doesn't pay taxes.
Care to post some links, because I haven't seen **** for a tax cut in my small business.
You don't know anyone that doesn't qualify for the earned income credit?
You might see "the class war" as pejorative but I embrace it because it says exactly what is going on.
I have literally never watched Hardball. I would never get any news from a 24-hour, TV news network. Sorry to burst your bubble.
Also, almost every conservative I've ever argued with uses the same talking points that republicans on the Hill are discussing (which is then passed down to Fox News and conservative talk radio). The union-bashing is a great example of it. Three months ago if I asked a conservative what the greatest threat to America is, what answer do you think I would have gotten?
I love the Daily Show. It's funny how much conservatives hate the show, considering all he really does is take clips of what they say and then play them back.
My favorite episode is when he caught Fox News calling their partial owner a terrorist. It was classic. How you can support an organization that willingly called their owner a terrorist just so that they could support a partisan agenda is beyond me. You justify it, I can't.
Jon Stewart does a great job at pointing out how fake of a channel Fox News is. I am sorry that upsets you.
Talk down to me if you must, if it makes you feel better. First of all, do your research on me before you attack me. I don't post Media Matters links. I have never even been to their website (except maybe in passing from a link posted here). I don't watch Fox News - how can anyone? - but I do listen to conservative talk radio all the time. It's amazing how bad it is, how it rarely has one fact thrown in with the thousands of partisan jibes, and how absolutely useless it is to listen to.
Whose money was it when you lowered taxes for the rich? Why is raising taxes wealth redistribution and lowering it isn't? You realize how phony that is, right?
What I am trying to say is, j-mac, (or since I'm your son: father?), is don't phone it in when you debate with me. I know my stuff: I read real news, and I keep up to date with honest reports.
And did you really post some blog as evidence of wrong doing by Media Matters? You posted a source just like Media Matters to discredit them. That's awesome man. Way to go.
It would only seem that way to those who foolishly believe that all rich people that gets tax cuts have been creating jobs. We have 30 years of experience to demonstrate that is not so.
The unfunded tax cuts increase our debt the same as any other spending, and it is not realistic that we can address our debt unless we address all unnecessary spending including the unfunded tax cuts to the rich.
http://www.nytimes.com/2011/03/25/business/economy/25tax.html?_r=1&hp
And people why the US is going down the hole with a tax system that actually PAYS its biggest corporation 3.2 billion dollars a year despite having 14.2 billion in profits.
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