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Could US corporations temporarally manipulate the economy enough to...

cpwill said:
yeah, see, that's funny, considering that he's had multiple opportunities offered to him to do precisely that and he has turned down all of them.
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Is that right? Do you have some links?
 
cpwill said:
yeah, see, that's funny, considering that he's had multiple opportunities offered to him to do precisely that and he has turned down all of them.
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Bo hasn't offer any thing of substance. He gives vague contradictory speeches that allow lib's to jump and down with joy over what they think BO may be thinking. It's funny how lib's equate campaign speeches with specific legislative language.
 
conservativeguy said:
Bo hasn't offer any thing of substance. He gives vague contradictory speeches that allow lib's to jump and down with joy over what they think BO may be thinking. It's funny how lib's equate campaign speeches with specific legislative language.
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Did you forget that the President can't introduce legislation? FYI, that's the role of the legislature. And with respect to fiscal matters, that's the role of the Republican House. Obama has signaled that he would like to see a revenue-neutral cut of the corporate tax rate balanced by reductions in deductions. Where is the Republican legislation putting that into effect?

Jan. 26 (Bloomberg) -- President Barack Obama called on Congress to cut the top U.S. corporate tax rate for the first time in 25 years “without adding to our deficit,” a sign that businesses will have to give up tax breaks in exchange for lower rates.
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Obama Backs Corporate Rate Cut Along With Tax Simplification - Businessweek
 
apdst said:
What about Obamacare? Delaying the decision on re-routing the pipeline? The drilling moratorium? CLosing coal mines and coal fired power plants? Raising corporate taxes?

Obama has done more to kill job creation than any other president since Jimmy Carter.
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What are you talking about? In the four years Carter was president more the three times the number of jobs were created than in the eight years of president Bush. With less population growth as well.

Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ
 
apdst said:
Anyone that thinks trickle down economics is a failure doesn't know what trickle down economics really is.
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Seriously, trickle down economics creates a nation of pee-ons...
 
AdamT said:
Did you forget that the President can't introduce legislation? FYI, that's the role of the legislature. And with respect to fiscal matters, that's the role of the Republican House. Obama has signaled that he would like to see a revenue-neutral cut of the corporate tax rate balanced by reductions in deductions. Where is the Republican legislation putting that into effect?



Obama Backs Corporate Rate Cut Along With Tax Simplification - Businessweek
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Obama wants to lower the rate and at the same time do away with deductions. That's not lowering taxes. That's creating an illusion of lowering taxes and can be used as a talking point.
 
pbrauer said:
Seriously, trickle down economics creates a nation of pee-ons...
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You don't understand it, is why you think that.

Let's put it another way, that I know you will agree with; trickle down is the same as, "cash flow". Without cash flow, the economy isn't going anywhere.
 
apdst said:
You don't understand it, is why you think that.

Let's put it another way, that I know you will agree with; trickle down is the same as, "cash flow". Without cash flow, the economy isn't going anywhere.
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Where oh where do you get this stuff from? Is that out of some high school econ text or what?
 
apdst said:
Obama wants to lower the rate and at the same time do away with deductions. That's not lowering taxes. That's creating an illusion of lowering taxes and can be used as a talking point.
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It's simplifying the tax code, which is beneficial in and of itself. I believe that Ronald Reagan was a great proponent of that idea. It also removes artificial market distortions which is beneficial. And he is not trying to fool anyone. He said quite clearly that it should be revenue netural.

But you claimed that he wants to raise corporate taxes, and you have no support for that whatsoever.
 
apdst said:
You don't understand it, is why you think that.

Let's put it another way, that I know you will agree with; trickle down is the same as, "cash flow". Without cash flow, the economy isn't going anywhere.
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Trickle-down is giving huge tax breaks to the wealthy and expecting it to trickle down to the pee-ons - it never does. It make the rich richer and the poor poorer.
 
AdamT said:
Is that right? Do you have some links?
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Really? that was the Ryan Plan. The Bowles Simpson Commission offered a net revenue increase as did John Boehner during the "grand bargain" phase of the debt-ceiling talks and Republicans on the super committee, all of it in the context of lowering nominal rates while stripping out exemptions. Obama has repeatedly refused to consider anything less than a $1 Trillion tax hike.
 
US corporations already are and have been manipulating both the economy and government bending it to their will and their agenda for some time now. They do so through both direct lobbying efforts and through well funded and powerful organizations like this


ALEC Exposed - Alec Exposed

If you are a patriotic American who does NOT want to see a brand of fascism come to our shores, read it and get informed before it is too late.
 
AdamT said:
Did you forget that the President can't introduce legislation? FYI, that's the role of the legislature. And with respect to fiscal matters, that's the role of the Republican House. Obama has signaled that he would like to see a revenue-neutral cut of the corporate tax rate balanced by reductions in deductions. Where is the Republican legislation putting that into effect?
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Like I said, he gave some vacuous speech without any details.......except of course the details that we crush successful business owners that use flow-through tax entities by jacking up the taxes they have to pay on the earnings from their businesses. Brilliant plan BO.
Representative David Camp, a Michigan Republican who chairs the tax-writing House Ways and Means Committee, said he was “disappointed” by the lack of details in Obama’s call for a tax overhaul.

“I think it could have used a little bit more on his proposals on individual tax reform,” Camp said in an interview after the speech. “Frankly, we really need more of a path forward even on the corporate side. I think we need some more concrete plans.”
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Obama Backs Corporate Rate Cut Along With Tax Simplification - Businessweek[/QUOTE]
 
conservativeguy said:
Like I said, he gave some vacuous speech without any details.......except of course the details that we crush successful business owners that use flow-through tax entities by jacking up the taxes they have to pay on the earnings from their businesses. Brilliant plan BO.




Obama Backs Corporate Rate Cut Along With Tax Simplification - Businessweek
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[/QUOTE]

Like I said, Obama encouraged Congress to give him legislation that would cut corporate tax rates and eliminate loopholes. Where is your link to the legislation that the Republicans introduced?
 
pbrauer said:
Trickle-down is giving huge tax breaks to the wealthy and expecting it to trickle down to the pee-ons - it never does. It make the rich richer and the poor poorer.
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The poor normally get poorer because they are stupid, lazy and have made numerous bad decisions throughout their lives, like having children they can not afford to raise. Two people working braindead minimum wages jobs can make a combined $30k a year. That is more than enough money to feed and shelter them, especially since they will be receiving a bunch of welfare assistance on top of their incomes. If that want more than that they can work harder and/or longer.
 

Like I said, Obama encouraged Congress to give him legislation that would cut corporate tax rates and eliminate loopholes. Where is your link to the legislation that the Republicans introduced?[/QUOTE]BO said he wants a balanced approach that involves hammering successful business owners......as they should, the repubs are ignoring the moron since all he really wants are tax increases. The last detailed plan he provided was the 2012 budget that virtually every member of congress (deems and repubs) voted down.
 
conservativeguy said:
Like I said, Obama encouraged Congress to give him legislation that would cut corporate tax rates and eliminate loopholes. Where is your link to the legislation that the Republicans introduced?
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BO said he wants a balanced approach that involves hammering successful business owners......as they should, the repubs are ignoring the moron since all he really wants are tax increases. The last detailed plan he provided was the 2012 budget that virtually every member of congress (deems and repubs) voted down.
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Obama didn't say anything about hammering existing business owners. He just said he wanted to see legislation cutting corporate rates and offsetting the cuts via the elimination of loopholes. Where is your link to the legislation?
 
pbrauer said:
Trickle-down is giving huge tax breaks to the wealthy and expecting it to trickle down to the pee-ons - it never does. It make the rich richer and the poor poorer.
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Well, that's an over simplification of trickle down. Trickle down is when anyone spends money; just like when I spend money in my business to hire a mechanic, or a tire man. Since Obama has been trying to kill the oil and gas industry, I've had to do my own mechanic work--as much as I can, anyway. That means that I'm not paying that mechanic $50 an hour to do it for me and that money isn't making it into his pocket; therefore he has less to spend and the guy he would have hired to mow his grass won't be seeing any of that money, because now the mechanic doesn't have the money to pay him and since he's working less, he has more time to mow his own grass.

That's what trickle down economics really means.
 
AdamT said:
It's simplifying the tax code, which is beneficial in and of itself. I believe that Ronald Reagan was a great proponent of that idea. It also removes artificial market distortions which is beneficial. And he is not trying to fool anyone. He said quite clearly that it should be revenue netural.

But you claimed that he wants to raise corporate taxes, and you have no support for that whatsoever.
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You claim that he's trying to lower corporate taxes and that's a lie. The truth is, Obama wants to do away with the Bush tax cuts, which will raise corporate tax rates. That's all the proof you should need.
 
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AdamT said:
Obama didn't say anything about hammering existing business owners. He just said he wanted to see legislation cutting corporate rates and offsetting the cuts via the elimination of loopholes. Where is your link to the legislation?
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What legislation are you talking about? Congress doesn't work for BO, let's see his specific plan if he really wants to do what he blathers on about at least once a day. Oh yeah, there is that leadership from behind BS which means BO votes present and whines about gridlock. Pathetic.
 
conservativeguy said:
What legislation are you talking about? Congress doesn't work for BO, let's see his specific plan if he really wants to do what he blathers on about at least once a day. Oh yeah, there is that leadership from behind BS which means BO votes present and whines about gridlock. Pathetic.
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Hmm, this is something you used to know when Bush was President. In fact it's something you argued all the time. So let me remind you again: the President doesn't draft legislation. That's Congress' job. The Presdient can say what he thinks should be done. He can say he would support it if it came to his desk. And that's what Obama has done. It's Congress' job to write the bills. That's what they've failed to do.
 
AdamT said:
Hmm, this is something you used to know when Bush was President. In fact it's something you argued all the time. So let me remind you again: the President doesn't draft legislation. That's Congress' job. The Presdient can say what he thinks should be done. He can say he would support it if it came to his desk. And that's what Obama has done. It's Congress' job to write the bills. That's what they've failed to do.
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They aren't going to write a bill that BO likes since they don't agree with his epic fiscal insanity. He has stated he will not sign any bill unless successful business owners are hammered with higher taxes. Every time he whines about gridlock he is a f'in hypocrite. Nothing the house passes will be approved by the senate lib's since all they care about is soaking the same successful business owners. Of course the lib's and BO could have done what BO is crying about when they controlled congress and the White House..........as usual, they did nothing.
 
imagep said:
Could US corporations temporarally manipulate the economy enough to affect the next election?
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Without reading the rest of your post yes, and they likely do as politicians do (politicians doing it is well known).
 
conservativeguy said:
They aren't going to write a bill that BO likes since they don't agree with his epic fiscal insanity. He has stated he will not sign any bill unless successful business owners are hammered with higher taxes.
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That's a flat-out lie, of course, but you did inadvertently tell one truth: Republicans won't give Obama any legislation that he supports -- even if it would be good for the country and they agee with the underlying policy. This would be a good example of that.
 
AdamT said:
Like I said, Obama encouraged Congress to give him legislation that would cut corporate tax rates and eliminate loopholes. Where is your link to the legislation that the Republicans introduced?
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yes, he said that in his SOTU speech. he says many things that he does not - in point of fact - mean. Republicans have offered up precisely such a tax structure multiple times. President Obama's own Bi-Partisan Debt Reduction Committee offered up such a tax structure; you may recall Obama refused to even mention it and Congressional Dems declared it "dead on arrival".
 
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