A fairly reasonable proposition, although I would prefer to scrap the preferential treatment for manufacturing and lower the effective rate further still.
So I ask again, how exactly is it going to work? You want to insult people about making comments, but you don't want to back up anything. So how are you going to extract money from foreign lands we have no jurisdiction over?
You know the time is right to take control, we gotta take offense against the status quo
Originally Posted by A. de Tocqueville
“So excuse us, Mr. President, for our lack of enthusiasm for your new jobs program. Here in Chattanooga we’re still reeling from your old one.” My favorite pull quote from Hotair.
People who talk about tax rates are wasting their time unless they include tax policy. Obama never gives enough detail in his proposals to analyze them. No one knows at this point what the impact of his new proposal is. I know at this point, what he's done with respect to taxes has hurt the economy, slowed the recovery, and discouraged employment.
As far as I'm concerned, any change to tax policy that doesn't scrap the entire system and start over isn't bold and doesn't go far enough to restore fairness and increase efficiency.
Why is anybody surprised that a politician would propose a tax increase?