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Thread: GOP blocks bill that would curb tax breaks for firms moving operations overseas

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by poweRob View Post
    Newt Gingrich shut the ****ing government down in order to not work with Clinton. So your ridiculous attempt here to try and give the credit to the republicans for the economy under Clinton is beyond farcical.
    No he shut the government down because clinton wouldn't give up spending increases to close the government deficit.
    clinton didn't want to play ball.

    actually it was Reagan and bush I that get the credit for the successfullness of the clinton economy.
    it was his policies that were established that lead to the ramp up of the technical boom of the 90's.

    Obama credits Clinton for the boom times of the ’90s. Is he right? - The Washington Post

    clinton raised taxes which started to slow down the economy in the late 1990's until the dotcom bust started leading to a recession on 1999.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by poweRob View Post
    Great. Put up what the GOP did then that made the economy run so well back then. Things that were their ideas under Clinton.
    Two that come immediately to mind are welfare reform and reducing the capital gains tax.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by ludin View Post
    this is a fallacy we don't know what the amendments to the bill or if it would have undermined anything. you are making a huge assumption about what would have been proposed without any evidence to support which means you don't have an argument.
    I am making the assumption based on the fact republicans are notorious for having their lips firmly planted on the cocks of businesses. The only reason they would want to add amendments to the bill is so they can undermine the intent of the bill.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by poweRob View Post
    Newt Gingrich shut the ****ing government down in order to not work with Clinton. So your ridiculous attempt here to try and give the credit to the republicans for the economy under Clinton is beyond farcical.

    Lol ! You're raving over Gingrich ?

    You Libs brag about Clintons " surplus " but completely ignore the Republican Congress that made it happen.

    The truth is there was allot of co-operation between the Republicans and Democrats back then and your Gingrich obsession doesn't change that.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by TurtleDude View Post
    that's an interesting take on corporations whose main duty is to make their owners money.If moving the company does that because the US makes doing business too expensive, so be it.
    Then such companies should get no tax breaks while the ones that stay should get tax breaks.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by jamesrage View Post
    I am making the assumption based on the fact republicans are notorious for having their lips firmly planted on the cocks of businesses. The only reason they would want to add amendments to the bill is so they can undermine the intent of the bill.
    ok so you have no argument to man instead are just making unfoundational assumption with no proof.

    have a nice day.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by ludin View Post

    actually it was Reagan and bush I that get the credit for the successfullness of the clinton economy.
    it was his policies that were established that lead to the ramp up of the technical boom of the 90's.

    The economy doesn't rise or dip because of who is in the white house. The credit for the hot economy during the 1990's goes to the internet.

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by Visbek View Post
    They are. However, the bill is designed to end tax breaks that apply when a company moves jobs overseas -- e.g. write-offs for relocating a factory.

    A tiny bit more info:

    Senate Republicans block bill to end tax breaks for outsourcing | TheHill

    Sens. John Walsh (D-Mont.) and Debbie Stabenow (D-Mich.) introduced the bill, which would give companies incentives to bring jobs back to the United States, including a tax write-off for the relocating costs and an additional 20 percent credit.

    ...

    Republicans argue that if Democrats truly wanted to keep companies in the United States, they would work with Republicans to overhaul the tax code and reduce corporate tax rates.
    it sounds like the repubs voted against tax cuts for businesses because they wanted to give tax cuts to businesses

    Just another day in DC
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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by Paschendale View Post
    Why should a story have sides? There's only facts. Facts don't have sides, don't have allegiance. It's silly to think that stories have two sides. They only have one, the truth.
    The fact is for liberals this is all about how much money they can extract from the private sector to spend on social programs which aren't the Federal Govt. responsibility. It is never about how the money is wasted or how much fraud and abuse, just how much more we can extract from the people and businesses that create it.

    What is it about liberalism that creates this big govt. mentality in light of the 17.6 trillion dollar debt we have, 7 trillion added since Obama took office? Doesn't the 250 billion in debt service, the fourth largest budget item, both you are all?

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    Re: GOP blocks bill that would curb tax breaks for firms moving operations overseas

    Quote Originally Posted by fmw View Post
    The economy doesn't rise or dip because of who is in the white house. The credit for the hot economy during the 1990's goes to the internet.
    Actually the credit for the economy in this country will always go to the private sector, in Europe it is all about govt. spending. Obama's transformation of this country into the European socialist economy is what we are seeing today with the very poor economic results.

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