"The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."
-- Adam Smith
Democrats have a REAL PROBLEM with black Americans who actually think for themselves, knowing what a threat they are....
That's why they highlight racist race hustlers like Jackson and Sharpton as "leaders."
To keep their base on the plantation....
Also, President Obama suggested lowering corporate tax rates and simplifying the tax code such that we could see revenues fairly neutral. That would seem like something Republicans in the House would have jumped all over (rhetorically), but they didn't.
So we have this ridiculous corporate tax code, and the only people who benefit are giant corporations with huge accounting departments and very influential lobbyists, and neither Republicans nor Democrats seemed actually interested in changing it.
But you want to blame the Democrats?
Blame the way we pay for elections and blame the way politicians pay for their lavish lifestyles out of lobbyists wallets.
Or, just keep doing what the lobbyists want you to do and pretend the problem with our country is democrat versus republican instead of lobbyists and campaign funders versus the American people.
What a speech! As Jerry Lee Lewis would say,
Follow that Killer!
Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb
Bush quietly signs corporate tax-cut bill - Business - Stocks & economy | NBC News
Of course the Democrats had Congressional majority '08-'10 including the Whitehouse...did I miss them addressing the corporate rate?
Last edited by Dickieboy; 02-13-13 at 12:12 AM.
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!
You said Democrats "jacked up corporate taxes to the highest level worldwide", so I ask you, did GWB do anything to make our corporate taxes something other than the highest worldwide?
Seriously, our corporate taxes are horrible, but my statement stands, Republicans have done NOTHING to make them less horrible.
"Obama has called for review of the corporate tax code - including lowering the top corporate tax rate to 28 percent from 35 percent, to be paid for by closing business tax breaks."
THAT WOULD BE CONSTRUCTIVE, but of course, Republicans oppose it.
Last edited by CaptinSarcastic; 02-13-13 at 12:30 AM. Reason: skipped word fix